How to Create Flipkart Seller Account & How to sell on Flipkart?

About Flipkart Seller

Flipkart is the largest electronic market (e-commerce) in India with a product base of over 30 million. The products ranging from mobile phones, fashion wears such as clothes and shoes, electronic appliances, home appliances, books, furniture for the home, school and social amenities, home utilities, and even jewelry. If you want to sell your merchandise, then the most promising place is the Flipkart seller. The Flipkart seller is a downloadable application that is able to give you remarkable shopping experience. As such, the Flipkart seller support is online shopping that confers success in a very easy way.

1. How to convert from local business to online through Flipkart

By converting from running a local business to an online business, you give your business the opportunity to achieve more. If you want to sell anything, Flipkart gives you a fair shot at being in the front line for millions of customers. This glorious opportunity only requires you to download the Flipkart App where you can get to reach your potential customers.

Get your online presence and grow bigger

Driven by the intention to venture into the eCommerce arena, Flipkart is the most ideal starting point. The journey to get into the Flipkart avenue requires you to be ready to do things differently. To convert from local business to online you need to download and register in the Flipkart based on the type of business. You have to;

• Conduct your research

This means that you need to pilot the local business that you run, first as an idea, top ascertain its potential for growth. To do this, you have to consider certain scenarios such as the ideal customer, the level of competition you are facing, and the need or relevance of the products that you are selling. The potential cost and return are also some of the things worth considering.

After doing that, it paramount to incorporate the responses you come up with into the business plan you have as these parameters enable you in efforts to understand the business you run.

• Planning your money

There is no need to have a tone of money. However, there is a need to make an initial investment as capital. Planning your finances requires that you establish the onetime costs such as insurance, licenses, legal permits, trademarking, and even inventory.

2. How to become a seller at Flipkart

In becoming a seller on Flipkart, it is paramount to go for the appropriate product that you will sell on Flipkart. This is because in participating as a seller in the eCommerce arena, you have to ensure that the product you will be dealing with has a demand in the market. In the decision to become a seller on Flipkart therefore,

1. Demand for that product:

   First, you have to research on the demand of that product by going over the products that exist in that platform and going over their reviews by the users to establish how you can achieve your own sales. In the event that your local business is in the manufacturing line, then you need to figure out if other manufacturers already exist. However, if you want to trade in the resell of the products due to other brands, it is advisable to contact the wholesale dealers.

2. Size of the Product:

   There is no second thought to the fact that small goods will require you to have a smaller place for storing as opposed to dealing with large products. By so doing, you will be saving on costs. There is also a concern for when it comes to shelf life in the sense that the products that feature a low shelf life should be prioritized in selling. It is also important to avoid seasonal products which can soon become irrelevant.

3. Brand-approval:

   The next step is in getting your brand-approved on Flipkart and to do this, you have to create and then log in to the Flipkart account. Then, you have to add a new listing by pressing the listing icon and then go further to create a new catalog by selecting on the browse categories icon. You then choose the product for the brand and then click to apply for a brand approval which will result into an application form being produced seeking information such as the name of your brand, its description, logo, website of the brand, the manufacturer of the brand and the available documents. Finally, submit the form.

3. How to create a Flipkart Seller account? 

The registration for a local business into the Flipkart eCommerce is on the basis of the type of business. In registering, you need to have certain documents that will allow you in your endeavor to sell. It should be noted that selling should a sole proprietor or as an individual. The documents constitute of;

• PAN card
• Business Letterhead duly signed a declaration which states that the manager and owner of the bank account registered with Flipkart.
• GST Registration Certificate
• Bank Account Statement

If however, you are selling as a private limited company, you need to have documents such as;

• Copy of Articles of Association and memorandum
• Identity proof and business address
• The private limited company established certificate
• Company PAN Card
• GST Registration Certificate

4. Do your research

Having the business plan and idea all ready, You have to establish how to actualize it. This means that you need to be certain about the potential your idea has for actualizing. This, therefore, requires you to move to validate its worthiness.

Validation mostly involves spearheading the idea with a bid to make certain that despite being a small business, it will survive in the market. To establish this, you need to seek to find;

1. Who is your appropriate client
2. How agile is the competition you expect
3. Which & How relevant are the products you want to sell
4. How to set the pricing and the potential return on investment

When you finally have answers to these questions, you move to integrate them in the business plan that you have come up with as these will be an enabler in efforts to really connect with your business from multiple angles.

• Choose the right product to sell on Flipkart

Choosing the products that will trade in on Flipkart is one of the most important steps in venturing into eCommerce. The very first step in this step is to find out about the demand that the product poses in the existing market. Some of the factors that you also have to bear in mind before diving deep into Flipkart include

• Researching to find out on the agility in demand for the product you wish to trade-in is important. This is achieved through the conduction of engaging research focused on the products that are currently in that market vis-à-vis the reviews these products have received so far and then using these bits of information to transform your product into an industry mover.
• Shun from dealing in knitwear or in simpler terms, do not trade in products that have a seasonal demand as this will cut your feet off when it is out of season.
• Going for products that are known to have a limited shelf life requires wisdom and skill in approach. When you have certain products that are featured to go bad on the shelf, it is wise to move to sell them fast before they go bad which would result in wastage of both product and finances.

  

• Another factor that is important in this stage is the choice of the size of products you want to sell because of the fact that bigger goods will often call for a bigger space for storage and therefore a more costly alternative. By going for a smaller sized line of products, you are signing up for a small storage space which is of course less costly than the counterpart.

• Breakability and transportation safety:
  Another consideration is the degree of breakability and transportation safety. Going for products that can be easily transported because of portability and non-fragility is wise. This is because they transported to various destinations for the convenience of the customer.

• In deciding the price that your goods will go for, wisdom demands that you take a step back to establish on the basis of the price that you bought the at together with their present retail price in the market, add a profit to the cost price to ensure you gain something from individual sales.
• For purposes of reselling on a retail perspective, you can consult with the product mega dealers also called the whole sellers. In this interaction, seek to know what they need and agree at the special price that they can sell for you at.
• When it comes to manufacturing the products on your own, competition demands that you consult with other manufacturers in a discrete way. Use the information you find to build on your product.
• Researching how the product is doing in the market is critical for success in the eCommerce market.

• Start with a single category

For a chance to focus on your business, it is important to start with one product category as this will help define you in your market. Building a name and therefore a brand in the eCommerce platform is easy when customers can be able to identify you using the product you deal in. The competition can also be a challenge when you are dealing with multiple product categories. In dealing with a single category, you minimize competition while at the same time gunner enough strength, focus, and effort towards pushing and managing your product and business respectively in your market.

5. Planning your finances

In venturing or upscaling into a different business approach, finances are one of the most fundamental requirements. It is noted that the transition from a local business to eCommerce on Flipkart does not necessarily require you to plunge in a lot of money. The most important is the initial investment and some amount set aside to help in managing and taking care of the expenses prior to the business finally being able to yield profit and stand on its own. At this point, you have to establish whichever of the unilateral costs you only get to spend on once. Some of these unitary costs could be branding and inventory, securing permits and licenses, taking care of legal charges, and securing trademarking rights.

6. Choosing the right business structure

Multiple business structures are currently existent in the market, especially for local businesses. Some of these business structures include limited liability companies, sole proprietorships, private companies, and even the more traditional one-person companies.

Being a local business, expert advice suggests that you opt for the most simple business structure. The main aim of this approach is that you will be able to keep your spending at a minimum as well as remain flexible throughout the operation.

7. Choosing the name of the business on Flipkart Seller

This requires that you evaluate and analyze all possible causes of concern alongside the implications that come with them prior to settling on a particular name for your business. When you have finally settled on the most appropriate name, go ahead to register it with the right business structure so that no one else can go for it. Finally, take the domain name if possible.

Getting your brand-approved on Flipkart

The steps to get your brand-approved on Flipkart is a process followed in its entirety so that you can sell on Flipkart. The process follows that;

• First, create and login to your Flipkart seller account that can only be accessed by yourself.
• Secondly, click to choose the add new listing provision by choosing on listing
• Next, create a new catalog. This is done by clicking to select on browse categories.
• In step four, select your product in the brand section
• This is followed by clicking to apply for a brand approval which prompts an application form seeking the name of your brand, its description, logo, the website of your brand, the subcategories, manufacturer of the brand, and the documents in your possession.
• After filling the application form prompted, click to submit.

The process of getting your brand name approved completed at this point after which you have to wait for approval confirmation.

8. Getting permits and licenses

This constitutes the bit where paperwork involved and stands as the most sensitive process in the process of business operation. Multiple local business permits and licenses exist integrated into the scenario on the basis of the type of business that you are running together with the location you have situated it at. Before venturing into a particular permit or license, it is important that you conduct research that will inform your decision.

9. Tax-related registration

The legal side in starting a business requires registration for the taxation process including the GST and the tax policies. The GST amendment exposed relevant alterations specifically for e-commerce as a market and its occupants. Online platforms such as Flipkart required to make a 1% deduction for tax collected at the source when payments made to the suppliers or similarly upon depositing by the Flipkart as GST liability of seller with the government.

The tax that gets collected at the source abbreviated as TCS by Flipkart then claimed as credit by the Flipkart seller. This achieved through the exposure of the GST monthly profits.

• Sole proprietorship

To register as a sole proprietor, certain documents you need to submit are;

1. PAN card,
2. Business letterhead ( a signed declaration saying you manage and own the bank account that has been registered in Flipkart),
3. GST registration certificate, and
4. bank account statement.

• Private limited company

1. For this business structure, you have to have documents such as a
2. Copy of articles of association and memorandum,
3. Identity proof and business address,
4. The private limited company established certificate,
5. Company PAN card, and
6. GST registration certificate.

• Partnership firm or LLP

  The documents needed in this business structure’s registration include

1. The power of the authorized person’s attorney for the company,
2. a copy of the partnership deed,
3. a document proving the address of the business (may include billing address),
4. LLP PAN Card,
5. LLP established certificate and
6. recognizing a partner document that bears the power of attorney.

10. Listing your products on Flipkart Seller

1. The owner fills out the information that constitutes the business and goes further to add the images of the product. Customers can view these products & convinced actually to buy the product. To succeed in this market, it is paramount to have at least a single listing before you can start trading on this eCommerce market. The step by step guide in the listing is as follows;
2. Selection of the right category and adding your product there
3. Including a description of the product

• Adding images and videos if any

1. Adding a catalog
2. Confirmation of the product in the chosen category

Conclusion

Flipkart has set the pace for business owners in their individual trades. For traders who want to expand and blow the roof in their sales, Flipkart is the solution for you. By following the guidelines as stipulated in venturing into Flipkart, you give your business the opportunity to compete favorably and thrive despite the agile market.

Official Website: https://seller.flipkart.com/

Support Email: sell@flipkart.com