Flipkart, India’s homegrown ecommerce marketplace, announced an all-new simplified rate card policy aimed at revolutionizing the seller experience on the platform and enabling greater settlement clarity. The new rate card, effective May 18, 2024, features a simplified structure, competitive FBF rates, and an updated shipping policy, enhancing customer value and streamlining operations on a larger scale. This transformative change through a simplified rate card will foster equitable growth opportunities, reflecting Flipkart’s commitment to empowering sellers.
Through this initiative Flipkart is furthering its commitment of shaping a promising future for e-commerce in India. Speaking about the development, Rakesh Krishnan, Vice President and Head – Marketplace, Flipkart, said, “With enhanced benefits, we are confident that this initiative will unlock new opportunities for sellers to thrive and transform the selling experience on our platform.”
Flipkart has implemented an educational strategy to help sellers understand the benefits and implications of rate card revisions. The company will provide recorded explanations and step-by-step guidance on navigating these changes. Flipkart’s dedicated seller support team will assist sellers with enhanced business decision-making. The goal is to help sellers make informed decisions and maximize their success on the platform.