Complete Guide on How To Sell On Flipkart

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Guide on How To Sell On Flipkart

Nowadays online shopping in india is a common thing, at least all the buyers who wan’t to check product prices they go online for query. Today we brought this article for those friends who wan’t to become a successful online entrepreneur. There is lot’s of e-commerce sites available on internet like SnapDeal,Amazon,junglee,ebay,homeshop18 And Many More. In this article we show how to sell on flipkart. You ask why flipkart? the answer is the buyer trust of the website and brand product availability.

First we check the history of this online e-commerce company.Flipkart is Founded by Sachin Bansal and Binny Bansal in September 2007. Flipkart have the registered office in Singapore with headquarters at Bangalore, Karnataka. Flipkart sold merchandize worth more than USD 1 Billion during the financial year 2013-14

The flipkart has 3 Crore registered users by the end of February 2015.The Company provide 80 Lakh shipments every month for their buyers within committed time by trusted logistics partner.

The most impressive features of this company is Innovative models like cash on delivery and same day delivery with minimum prices.

This is the right time to start business opportunity for those who wan’t to sell on Flipkart by becoming a Flipkart seller.

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Becoming a Flipkart Seller

To sell on Flipkart, a person or business must become a Flipkart Seller by signing on with Flipkart. The process for signing on as a Flipkart Seller is easy and can be started from the Flipkart Seller homepage. A person or business can signup as a Flipkart seller by providing information about the business and the products the seller proposes to sell through Flipkart. Some of the details that must be provided and verified during the Flipkart Seller registration process include:

  • Name
  • Email address
  • Phone number
  • Pickup address / business address
  • Categories of product the business is interested in selling through Flipkart
  • Business registration documents
  • Tax registration documents

Business Registration

In addition to the basic information about the seller, the following business related information and documents must be submitted to Flipkart during the Flipkart seller registration process. Some of the documents to be submitted will vary depending on the type of business registration, as follows:


Selling on Flipkart as an Individual or Sole Proprietorship

If an individual decides to sell on Flipkart on his/her own name and legal standing. The business will automatically be perceived to be a Sole Proprietorship business. A sole proprietorship business does not offer limited liability protection to the promoter, is not easily transferable, cannot have investors or partners, not very scalable and has limited capacity to obtain bank loans. Therefore, it is best to avoid becoming a seller on Flipkart using a sole proprietorship entity. In case a sole proprietorship is chosen, the following documents may have to be submitted:

Identity Proof

  • Signed declaration on the business letterhead stating that the individual owns and manages the bank account held in the name of the business.
  • Statement of bank accounting registered on Flipkart payment gateway.
  • Passport
  • PAN Card
  • Voters ID
  • Driving License
  • Any other photo identity card
  • Letter from a recognized Public Authority or Public Servant verifying identity.

Address Proof

  • Telephone bill (Fixed line) in the name of the Proprietorship firm
  • Electricity bill in the name of the Proprietorship firm
  • Bank Account Statement in the name of the Proprietorship
  • Letter from Employer
  • Ration card
  • Lease or license agreement
  • Letter from a recognized Public Authority or Public Servant verifying identity.

Selling on Flipkart as a Private Limited Company

Becoming a Flipkart Seller – as a Private Limited Company is one of the most preferable methods of becoming a Flipkart Seller as it provides limited liability protection to promoters, separate legal entity, easy transferability, ability to take on investors or partners and quickly scale-up operations. The following documents must be submitted for a Private Limited Company:

Identity Proof

  • Copy of Certificate of Incorporation of Private Limited Company
  • Copy of Memorandum of Association
  • Company PAN Card

Address Proof

  • Company Telephone bill (Fixed line)
  • Company Electricity bill
  • Lease or rental agreement

Selling on Flipkart as a LLP / Partnership Firm

A Flipkart seller can also be a Partnership Firm. However, it is preferable to register a LLP (Limited Liability Partnership) while signing on as a Flipkart seller as it provides limited liability protection, easy transferability, separate legal entity and other documents required to quickly become a Flipkart seller.

Identity Proof

  • Partnership registration or LLP Incorporation Certificate
  • Partnership deed
  • Power of Attorney granted to a Partner or an Employee of the LLP or Partnership firm to transact business on its behalf
  • Any document identifying Partners and the person holding the Power of Attorney with their photographs
  • PAN Card of the LLP or Partnership Firm

Address Proof

  • Any official valid document confirming the address of the Partners and the persons holding the Power of Attorney
  • Firm/Partner’s Telephone bill
  • Firm/Partner’s Electricity bill
  • Lease or Rental agreement
  • Company Electricity bill
  • Lease or License agreement

Selling on Flipkart as a Trust & Foundation

Trusts and Foundations can also become sellers on Flipkart. Documents similar to the above documents must be provided in the name of the Trust or Foundation to establish the legal identity of the Trust / Foundation and the address of the Trust / Foundation.


Flipkart Seller: Tax Registration Requirement

Once the Flipkart seller has decided on and registered a suitable business entity for the proposed business, the following tax registration and bank account in the name of the business or entity will be required:

  • Business name
  • PAN – PAN Card of the individual or private limited company or partnership
  • TIN – TIN Number is also known as VAT Number / Sales Tax Number / CST Number in the name of business
  • TAN – TAN is required for Tax Deduction at Source (TDS) – in the name of business
  • Bank account name
  • Bank account number
  • Bank IFSC code

Starting to sell on Flipkart

Once the promoters of the business has provided the above information, documents and registrations, the business can commence selling of its products on Flipkart. Once, the formalities for Flipkart seller account registration are complete, the business can setup the storefront and list products to sell on Flipkart – to start sales.

Check Sellers speak what they achived from Flipkart

It has been a very rewarding and fulfilling journey with flipkart.com. Right from the support needed to get off the ground to helping anticipate inventory levels and managing cash flow; flipkart.com has provided us with the required momentum and optimism in our online selling experience

PUNIT SINDHWANI,

MIRCHIMART Associated with flipkart.com since November, 2013

I’m glad that I joined hands with flipkart.com to sell on their marketplace. Thanks to them, my online business has increased manifold. Right from the beginning, they have been helpful and thus, starting the business was a smooth affair. I look forward to growing my business even more with flipkart.com

VIKESH JAIN,

SNATCHYDEALS Associated with flipkart.com since April, 2013

The journey with flipkart.com till now has been amazing which has helped me to achieve more sales, reach more people and find more customers across the country ANKIT, 3ARROW Associated with flipkart.com since October, 2013 In this era of changing needs, customer demands are increasing profusely, which is both challenging and demanding. flipkart.com is of immense help in addressing these needs and creating a mutually beneficial win-win relationship. Customers too are benefited not only with prices, but also with delivery and trustworthy service

SUBRAHMANYA S HEGDE, ESTOREWALE

To become a Flipkart Seller, visit Flipkart Seller Registration page. To start a business or obtain registrations required to become a Flipkart seller.

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