Flipkart, India’s homegrown e-commerce marketplace, has unveiled a slew of industry-first marketplace policy changes and new capabilities aimed at creating a more inclusive e-commerce ecosystem that supports seller partners‘ growth, prosperity, and empowerment. Flipkart’s dedication to assisting MSMEs and small enterprises in using the potential of e-commerce to serve their customer base and gain access to best-in-class solutions for driving growth is shown in these activities.
The ‘Flipkart EDGE’ policy modifications were implemented to accommodate the expanding needs of all of its sellers and to assist them in approaching the next chapter of their separate journeys by greatly boosting their ease of doing business on the Flipkart platform.
This implementation of new policy modifications demonstrates how much the company values the interests of its customers and partners. Flipkart’s mission is to provide consumers with high-quality products while also providing a better platform for E-commerce vendors.
A best-in-class payment policy with the fastest payment settlement cycle in the industry, hassle-free 10-minute onboarding, guaranteed ROI on Ad spends, low return cost for performing sellers, deals with Clear trip integration for travel-related requirements, and a slew of other integrated benefits are among the policy changes and capabilities.
As a democratic marketplace, Flipkart wants to ensure that all of its seller partners can grow their businesses and stay up with changing consumer needs, according to Jagjeet Harode, Senior Director and Head of Flipkart Marketplace. It continues to develop and grow the Indian e-commerce marketplace segment by introducing industry-first innovations and empowering MSMEs and seller partners on their path to strong, long-term growth.
He also stated that the Flipkart industry has implemented the first policy adjustments and technology capabilities to empower merchants and consumers while also boosting India’s e-commerce growth story. Through new policies and capabilities, it is committed to addressing some of the industry limits experienced by sellers, ranging from payments to onboarding to cataloging.
Flipkart’s initiatives to encourage and empower more seller entrepreneurs on its platform are bolstered by the industry-first marketplace regulation modifications and additional capabilities. To help establish a sustainable and inclusive platform, the company continues to invest in technology, innovation, supply chain, and business processes.
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