The World of E-commerce
Contents
Selling products online via e-commerce has been around for a few years and it is here to stay. The web hosting company GoDaddy just released a new marketing campaign in India with the name “Bijness Bhai”. Bijness Bhai says ” Tu Dukan Bech Raha hai ya Samaan?” which basically means that in today’s world, with all the technological advancements, you don’t need to have a shop with a prime location to do good business. If you have faith in the quality of your products, you should take them online and sell them from the comfort of your homes. However, making your own e-commerce platform can seem to be a daunting task, you can always sell your products on one of the established e-commerce platforms like Snapdeal. In this article, we will take you through the procedure of becoming a Snapdeal seller and earn money at home.
Selling on Snapdeal
Selling a Product on Snapdeal
Snapdeal selling registration is a very simple procedure and it is absolutely free of cost. Once you are registered, you will need to update the catalogue of products, display them and get set to boost sales and earn money online. The potential for customer outreach has been magnified significantly due to platforms like Snapdeal and you can get orders potentially from all across the country.
Listing the products online is absolutely free of charge. Snapdeal has some charges for being the facilitator of the sale of your products but you are only charged for the products that you sell. The commision structure for selling on Snapdeal will be shared and agreed upon with you at the time of registration.
Prerequisites for Snapdeal Seller Registration
In order to start your Snapdeal seller registration, the online e-commerce platform will ask for a few details regarding your enterprise which is necessary to get the registration process underway.
These details are as follows:
- GSTIN (GST Number). If you still haven’t gotten the GST Number you can do so if you apply GST online.
- Current Account Number. This the bank account for businesses
- A valid mobile number
- Valid e-mail address
Who can become a Snapdeal Seller?
Following entities are eligible to enlist and sell their products on Snapdeal:
Individuals
Individuals can register themselves with Snapdeal by filling up the registration and providing relevant details like GST Number or GSTIN of their registered Solo Trader or Sole Proprietorship License. However, you need to keep in mind that in a proprietorship firm, the individual has to assume unlimited liability.
Individuals can also go on and Register One Person Company (OPC ) if they wish to enjoy the benefits of Limited Liability.
Private Limited Companies
If two of you or more partners willing to join hands together in the venture with you, you can register yourself as Private Limited Company. Once you have received the certificate of incorporation and have a final Memorandum in hand, you can start with the registration procedure. However, do keep in mind that Private Ltd Companies has a lot of ROC Compliances.
Limited Liability Partnerships
If you decide that you and some other partners will run the e-commerce business as a partnership you should do so via the LLP registration Process. In an LLP, there are fewer compliances as compared to the Private Limited Companies.
Any of the following
- Manufacturer
- Retailer
- Wholesaler
- Distributor
What Documents do I need to Sell on Snapdeal?
In order to sell on Snapchat, there are a few documents that you require, These are:
- PAN Card: PAN Card is basically a necessary proof of identity. It is basically used to keep tabs on the taxation compliance of a particular individual/ business. If there is a company who is registering themselves, the PAN of the business is needed. If it is an individual running an enterprise, a copy of his personal PAN might be requested as well.
- GST registration: GST is the new taxation system in India. Read: What is GST? You need a GST registration to acquire the Goods and Services Taxpayer Identification Number (GSTIN).
Steps to become Snapdeal Seller
The registration procedure for Snapdeal selling is very simple. Just keep the above-mentioned prerequisites as well as documents ready with yourself.
- Decide the range and catalogue of items that you wish to sell via the online platform.
- Head on over to the Snapdeal sellers page: https://sellers.snapdeal.com/
Snapdeal Seller Page
- Enter your GST Number click on Register Now
- Create a free product catalogue
- Self-serve training is given to you via Snapdeal
- Get a professional photographer and appropriate showcase personnel (models) to showcase your products in the best possible way. Snapdeal has partnered up with many
- Get orders and manage online business via Snapdeal’s seller panel
- You can also avail help with expanding the business with low interest and collateral-free loans
Snapdeal Member Advantages
Being a partner and a trader on the Snapdeal platform entitles the members to many unique benefits which help businesses and traders thrive and keep operations afloat and keep earning money. Here are some of the many benefits that Snapdeal helps their registered traders with.
- Snapdeal provides easy and hassle-free loans without any collateral or guarantors
- The e-Commerce platform helps businesses to identify trends and helps them stay competitive with the latest trends and operational efficiency using analytics
- Snapdeal supports the marketing and promotions efforts of businesses by running high-decibel marketing campaigns which ensure your products are presented to a large audience.
- Ads: Snapdeal provides businesses with the opportunity of investing in Snapdeal ads to help accelerate 5 times faster growth of businesses.
- Snapdeal provides an intuitive and, easy to use, as well as, informative seller panel
- Professional Service Providers: Snapdeal has a large network of associated CA’s to help you with things like GST registration. In addition to this, Snapdeal can also help provide high-quality product photo shoots to help portray the products as beautifully as possible.
- Fast, efficient, and hassle-free shipping with multiple pickups in a day.
- Payment Processing: Visibility and transparency for every aspect of your business and for all the transactions you have undertaken
- Customer outreach: as opposed to being localized in one location, you can increase the outreach of your products and put them in front of 3000+ cities across India.
FAQs Snapdeal Seller
- What is the Guarantee that I will get Business?Snapdeal claims that they are among one of the biggest e-commerce platforms across India giving access to over 5000+ cities and customer base of over 4 Crore and they sell over 7000 products per hour. Sellers with a diverse catalogue of products have a higher chance of selling
- What Products can be sold on Snapdeal?Snapdeal has a very diverse range of products that can be sold on their platform Her are some of the major categories of products that can be sold on the platform.Baby Products, Beauty, Books, Consumer Electronics (including Cameras and Video Games – Consoles), Digital Accessories (including Mobile Accessories, Electronics Accessories and PC Accessories), Home, Jewellery, Kitchen, Luggage, Mobile Phones, Movies, Music, Personal Care Appliances, Personal Computers, Tablets, Toys, Video games (consoles and games), Watches, Furniture and Home Furnishings, Stationaries, Men and Women Clothing, Men and Women Accessories (Footwear, Bags, Sunglasses, Perfumes), Health and Sport Accessories (Nutrition, Exerciser, Treadmills, Cricket Bat etc), Automotive.
- Do I need a website to sell on Snapdeal?Absolutely not, all you need to sell on Snapdeal is your GST Number, Phone Number, Email-Address and Current Bank Account Number.
- What is the pricing for selling on Snapdeal?
The Snapdeal Seller Registration procedure is absolutely free, In addition to this, the listing of the products on the platform is free of charge as well. However, whenever you make a sale, Snapdeal will charge a commision as the facilitator of the sale. - How does selling on Snapdeal work?
It is a very simple process:- List the products you want to sell on the platform
- The customer sees the product you’re selling and will make a purchase
- You will be emailed to ship the product
- Once product is delivered to the customer and confirm
- Snapchat will deposit the Funds into your account
- How and When will I get Paid?The payment for the sale of products is transferred online to the current account of the trader/ Seller via NEFT. The billing cycle Snapdeal follows is (7+10) delivery basis and in total there will be 4 payment cycles in one particular month.
- How do I manage my orders?Snapdeal offers the sellers on its platform a unified seller dashboard as well as a mobile app platform in order to manage your storefront. The dashboard has a manage orders tab. Once you receive an order, the goods requested have to be packed in the Snapdeal provided packaging and keep the products ready for dispatch with the Snapdeal logistics partners
- Can I sell outside India through Snapdeal?No, Currently, Snapdeal does not ship products outside India.
- Can I cancel my Snapdeal Seller Subscription?The Snapdeal Seller Subscription can be cancelled at any time
- Will the customer know they are buying from me ?Snapdeal clearly indicates in their Product Detail Pages as well as their Offer listing pages that you are the seller of the product and the invoice will carry your name.
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