E-commerce major Flipkart witnessed a 27 percent growth in its seller base over last year helping it cross the 1.4 million seller mark ahead of its annual ‘Big Billion Days (BBD) sale event.
The e-commerce player onboarded new sellers from tier 2 and tier 3 cities such as Jammu, Vellore, Kanyakumari, Kollam, Ludhiana, Mangalore across various categories.
To simplify the onboarding process, Flipkart had made several policy changes for sellers under its Flipkart Edge initiative earlier his year.
The changes included a payment policy with the fastest payment settlement cycle in the industry, hassle-free 10-minute onboarding, guaranteed return on investment on ad spends, lowest return cost for performing sellers, and other benefits.
Commenting on the rise in seller base, Rajneesh Kumar, chief corporate officer at Flipkart Group in a statement said, “We are encouraged by the participation of sellers from across India in the opportunities that the digital economy provides while creating lakhs of new jobs. We are immensely proud to be able to play a part in contributing towards this journey.”
Flipkart will kick-start its festive season with a sale event in the coming week that has been introduced for sellers in a lead-up to its annual sale event.
Copyright © 2023 FashionNetwork.com All rights reserved.
