Flipkart sellers are reportedly facing difficulties in changing the prices of products on the platform. According to a report by news agency PTI, retailers on the Walmart-owned e-commerce platform have been facing this issue ever since the company introduced its new commission rate card on May 18. Sellers have reportedly alleged that the platform is preventing them from adjusting prices. However, Flipkart has denied any involvement in price controls and has assured that it is working with sellers to help them understand the new policy.
What do Flipkart sellers think about the new policy?
In a statement to PTI, Vinod Kumar, council member of Internet Retailers, Traders and Resellers Forum (First India), said: “Hundreds of our members are facing issues with changing product prices. In India, no one can sell above the Maximum Retail Price (MRP) and sellers can decide to price below the MRP. Sellers have complained that they are unable to change their prices after Flipkart issued a new rate card on May 18. Not all sellers are facing this issue. Only a select few are facing this issue.”
He also said that Flipkart has already contacted the sellers and assured them that the issue would be resolved soon.It should be noted that India's foreign direct investment (FDI) regulations prohibit e-commerce platforms from manipulating sellers' pricing decisions.
Here's what Flipkart said on the issue:
In response to queries, a Flipkart spokesperson asserted that the company complies with all FDI regulations and that the new policy will not impact seller pricing. The spokesperson also said that since implementing the changes in recent weeks, the company has seen an increase in business transactions and more active sellers.
A spokesperson said: “We work closely with millions of sellers to share valuable insights and gather feedback on how we can drive seller growth and efficiency on our marketplace platform. This ongoing collaboration ensures that our efforts, including our revised fee schedule, align with the evolving needs of our seller community and foster a vibrant and dynamic marketplace. Our all-new simplified fee schedule policy aims to optimize sellers' growth avenues while providing greater transparency into payments. The policy was recently introduced and we are working closely with our sellers to better understand the new policy and make necessary improvements.”
What do Flipkart sellers think about the new policy?
In a statement to PTI, Vinod Kumar, council member of Internet Retailers, Traders and Resellers Forum (First India), said: “Hundreds of our members are facing issues with changing product prices. In India, no one can sell above the Maximum Retail Price (MRP) and sellers can decide to price below the MRP. Sellers have complained that they are unable to change their prices after Flipkart issued a new rate card on May 18. Not all sellers are facing this issue. Only a select few are facing this issue.”
He also said that Flipkart has already contacted the sellers and assured them that the issue would be resolved soon.It should be noted that India's foreign direct investment (FDI) regulations prohibit e-commerce platforms from manipulating sellers' pricing decisions.
Here's what Flipkart said on the issue:
In response to queries, a Flipkart spokesperson asserted that the company complies with all FDI regulations and that the new policy will not impact seller pricing. The spokesperson also said that since implementing the changes in recent weeks, the company has seen an increase in business transactions and more active sellers.
A spokesperson said: “We work closely with millions of sellers to share valuable insights and gather feedback on how we can drive seller growth and efficiency on our marketplace platform. This ongoing collaboration ensures that our efforts, including our revised fee schedule, align with the evolving needs of our seller community and foster a vibrant and dynamic marketplace. Our all-new simplified fee schedule policy aims to optimize sellers' growth avenues while providing greater transparency into payments. The policy was recently introduced and we are working closely with our sellers to better understand the new policy and make necessary improvements.”
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