In the ever-expanding realm of e-commerce, Snapdeal has emerged as one of India’s leading online marketplaces. With its vast customer base and user-friendly platform, Snapdeal provides a lucrative opportunity for sellers to reach a wider audience and boost their sales.
If you’re looking to tap into the potential of this thriving marketplace, this blog post will guide you step by step on how to sell on Snapdeal. We’ll delve into the benefits of selling on Snapdeal, discuss the associated fees and charges, explore the seller registration steps, highlight the required documents, shed light on order fulfillment, and explain the payment process.
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Snapdeal an Ecommerce Marketplace
Snapdeal was founded in February 2010 by Kunal Bahl and Rohit Bansal. The idea for the platform came about when the founders observed the rapid growth of e-commerce globally and recognized the potential it held for India.
The initial concept of Snapdeal was as a daily deals platform similar to Groupon. However, recognizing the evolving needs of the market, the founders quickly pivoted the business model to become a full-fledged online marketplace, offering a wide range of products across various categories.
The founders, Bahl and Bansal, started with a small team and limited resources but had a clear vision of creating a platform that would connect buyers and sellers across India. They focused on building a user-friendly platform, ensuring a seamless shopping experience for customers, and providing a platform for sellers to showcase their products.
Snapdeal’s growth trajectory was marked by several strategic acquisitions and collaborations. It acquired various companies to strengthen its position in different sectors, such as FreeCharge (a mobile payments platform) and Unicommerce (an e-commerce management software company).
Snapdeal Website Traffic and Potential
With over 10 million website traffic, Snapdeal remains among the top 5 Indian eCommerce marketplaces. Snapdeal is the 10th most popular e-commerce website in India.
How it is simple to sell on Snapdeal
Visit the Snapdeal website: Go to the Snapdeal seller registration page.
Provide Basic Information: Fill in the required details such as your name, email address, and phone number.
Business Information: Provide your business details, including your business name, type, and registered address.
- Bank Account Details: Enter your bank account information for payments and refunds.
Tax Information: Provide your PAN (Permanent Account Number) and GSTIN (Goods and Services Tax Identification Number) details.
Product Listing: Create detailed listings for your products, including high-quality images and accurate descriptions.
Documents required to sell on Snapdeal
To complete your Snapdeal seller registration, you’ll need the following documents:
PAN Card: A scanned copy of your PAN card is essential for tax-related purposes.
Bank Account Proof: Provide a canceled cheque or a copy of your bank statement to verify your bank account details.
GST Registration Certificate: If your business is registered under the Goods and Services Tax (GST) regime, you will need to submit a copy of your GST registration certificate.
Cancelled Cheque: Submit a copy of a canceled cheque as proof of your bank account.
Important Points Light Box
Why Sell on Snapdeal?
Large Customer Base:
Snapdeal boasts an extensive customer base comprising millions of users across India. By selling on Snapdeal, you gain access to a wide pool of potential buyers, allowing you to significantly expand your market reach.
Snapdeal invests in marketing and advertising initiatives to enhance product visibility and attract more customers. This increased exposure can greatly benefit your business by generating more sales and increasing brand awareness.
Snapdeal offers various features and policies that prioritize the interests of sellers. From seller protection programs to simplified return processes, Snapdeal strives to create a conducive environment for sellers to thrive.
With its established reputation and commitment to customer satisfaction, Snapdeal has gained the trust of Indian consumers. Associating your business with a reliable platform like Snapdeal can instill confidence in potential buyers, leading to higher sales and customer loyalty.
Snapdeal Fees and Charges:
Before embarking on your selling journey on Snapdeal, it is crucial to understand the fees and charges associated with the platform. Here are the key components:
Commission: Snapdeal charges a commission fee based on the category of the product you sell. The commission ranges from 3% to 25%, depending on the product category and other factors. It’s important to consider this fee when pricing your products.
Fixed Fee: In addition to the commission, Snapdeal imposes a fixed fee for each item sold. The fixed fee varies based on the product category and its selling price.
Shipping Charges: Snapdeal provides multiple shipping options through its logistics partners. Sellers can either opt for Snapdeal’s logistics services or use their own. The shipping charges are determined based on the weight and dimensions of the product, along with the shipping destination.
Selling on Snapdeal can be a highly rewarding venture for Indian businesses, offering a vast customer base, high visibility, and seller-friendly policies. By understanding the fees and charges, following the registration process, submitting the required documents, and choosing the appropriate order fulfillment method, you can embark on a successful selling journey on Snapdeal. Remember to provide excellent customer service and maintain the quality of your products to build a strong reputation and maximize your sales potential on this thriving online marketplace.
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Sunil Kumar Sah @DigitalSunilSah
Sunil is an E-commerce Seller, Blogger, YouTuber and Digital Marketer. He is a digital enthusiast and passionate about Online Selling. He loves sharing his knowledge and experiences on eCommerce in this blog and on his Hindi YouTube Channel “Ecommerce with Sunil” and the English Channel “Ecomsprint“