Snapdeal will add 5000 manufacturer-sellers to its online platform in 2020
In today’s world, the best way to grow your business is to join the e-commerce business market. Some people say e-commerce is not an industry but e-commerce is about how you play business tactics.
Online e-commerce is positively affecting SMEs. The growth of the online business is increasing jobs, exports, tax collection, and giving good quality of products to customers. The time has come if a business is not visible online, they will lose lots of business opportunities.
The manufacturers to sell directly will mean that sellers get straight feedback from its customers, allowing them to make correct decisions regarding future demand and trends. The online e-commerce business is growing fast in nonmetro cities in India, which is helping manufacturers to connect with customers, which local retail businesses were not able to capture. Last year manufacturers producing daily use products like utensils, kitchen items, fashion products like watches, etc have started to sell on Snapdeal directly and not going through wholesalers or retailers.
Online e-commerce business in nonmetro locations in India is facilitating manufacturers to connect with new customers and grow their business, which traditional retail business is not able to connect. When selling online manufacturers need not stock their products at different locations, they can stock their products at one location, when selling online thereby saving cost.
When selling online producers also get direct feedback from customers, this helps the producer to take corrective action and calculate future demand and supply. Snapdeal is planning to add 5000 manufacturer sellers on board in the coming 12 months. Most of the manufacturer sellers will be from surat, Meerut, Jaipur, Tirupur, Rajkot, Panipat, etc. By adding these sellers Snapdeal wants to increase the availability of its products in toys, leather products, ladies' fashion, kitchen items, etc. Snapdeal representative said e-commerce business has unlimited potential to increase business growth in India. Snapdeal is trying to connect the demand of customers with domestic manufacturers and directly increase the benefits to micro, small, medium business owners.
Earlier e-commerce sales were connected with traders and distributors but now manufacturers are directly connected with online sales and they are getting benefited fast and growing. There is a growing number of manufacturer sellers who have joined Snapdeal with their own products.
To increase the seller’s business Snapdeal has taken many steps in the last 12 months. Like providing sellers with analytical inputs on customer preferences, demand calculation, pricing analysis to help sellers to plan their sales growth strategy.
Snapdeal has added 60000 new sellers in the last two years. These 60000 new sellers have added 50 million new product listing on Snapdeal. Snapdeal has got 200 million customers visits on listings of around 5 lakh new sellers on the Snapdeal platform.
Virtual Office Address for GST registration for Snapdeal sellers: - As Snapdeal is onboarding 5000 more sellers, they need to follow GST guidelines, all the Snapdeal sellers who are selling in other states of India, need to take GST registration in other states also. It is also mandatory to have office addresses in other states. Having an office address in other states is not possible for sellers. Even this cost of renting an office address for GST registration is very costly. The solution is a virtual office address. The cost of a virtual office address is Rs. 1000/per month. www.instaspaces.in is the only virtual office service provider in PAN India. For more information Snapdeal sellers can contact 8882702020.
Most of the people are not aware that a village name was renamed after Snapdeal in 2011, this happened when Snapdeal had installed 15 water hand pumps in a village shive Nagar in Muzaffarnagar, Uttar Pradesh, India. The village was renamed as Snapdeal.com Nagar.
Digital companies in India: - The Government of India has put a lot of effort into increasing internet connectivity in India. The internet user in India has gone very high. The cost of smartphones has come down.
Logistics is India has been streamlined:- Courier companies are using smart technologies to track shipment like GPS. The online payment system is very efficiently working in India. Ecommerce product return and exchange have been simplified. This increased the trust of customers on e-commerce companies, and now customers are buying more products without any worry.
Use of AI in e-commerce: - E-commerce companies are providing 24/7 chat support with the help of AI chatbots. This way customers can log in at time and get their problem solved. The number of brick and mortar physical shops will reduce and there will be an increase in the usage of AI chatbots, social media, and the overall increase in the e-commerce industry. The use of AI by the e-commerce industry will greatly enhance the efficiency of the business; the quality of service will also improve. More and more sellers will join ecommerce industry in India and there will be very organized growth in the e-commerce industry.
Online e-commerce is positively affecting SMEs. The growth of the online business is increasing jobs, exports, tax collection, and giving good quality of products to customers. The time has come if a business is not visible online, they will lose lots of business opportunities.
Online e-commerce business in nonmetro locations in India is facilitating manufacturers to connect with new customers and grow their business, which traditional retail business is not able to connect. When selling online manufacturers need not stock their products at different locations, they can stock their products at one location, when selling online thereby saving cost.
When selling online producers also get direct feedback from customers, this helps the producer to take corrective action and calculate future demand and supply. Snapdeal is planning to add 5000 manufacturer sellers on board in the coming 12 months. Most of the manufacturer sellers will be from surat, Meerut, Jaipur, Tirupur, Rajkot, Panipat, etc. By adding these sellers Snapdeal wants to increase the availability of its products in toys, leather products, ladies' fashion, kitchen items, etc. Snapdeal representative said e-commerce business has unlimited potential to increase business growth in India. Snapdeal is trying to connect the demand of customers with domestic manufacturers and directly increase the benefits to micro, small, medium business owners.
Earlier e-commerce sales were connected with traders and distributors but now manufacturers are directly connected with online sales and they are getting benefited fast and growing. There is a growing number of manufacturer sellers who have joined Snapdeal with their own products.
To increase the seller’s business Snapdeal has taken many steps in the last 12 months. Like providing sellers with analytical inputs on customer preferences, demand calculation, pricing analysis to help sellers to plan their sales growth strategy.
Snapdeal has added 60000 new sellers in the last two years. These 60000 new sellers have added 50 million new product listing on Snapdeal. Snapdeal has got 200 million customers visits on listings of around 5 lakh new sellers on the Snapdeal platform.
Virtual Office Address for GST registration for Snapdeal sellers: - As Snapdeal is onboarding 5000 more sellers, they need to follow GST guidelines, all the Snapdeal sellers who are selling in other states of India, need to take GST registration in other states also. It is also mandatory to have office addresses in other states. Having an office address in other states is not possible for sellers. Even this cost of renting an office address for GST registration is very costly. The solution is a virtual office address. The cost of a virtual office address is Rs. 1000/per month. www.instaspaces.in is the only virtual office service provider in PAN India. For more information Snapdeal sellers can contact 8882702020.
Most of the people are not aware that a village name was renamed after Snapdeal in 2011, this happened when Snapdeal had installed 15 water hand pumps in a village shive Nagar in Muzaffarnagar, Uttar Pradesh, India. The village was renamed as Snapdeal.com Nagar.
Digital companies in India: - The Government of India has put a lot of effort into increasing internet connectivity in India. The internet user in India has gone very high. The cost of smartphones has come down.
Logistics is India has been streamlined:- Courier companies are using smart technologies to track shipment like GPS. The online payment system is very efficiently working in India. Ecommerce product return and exchange have been simplified. This increased the trust of customers on e-commerce companies, and now customers are buying more products without any worry.
Use of AI in e-commerce: - E-commerce companies are providing 24/7 chat support with the help of AI chatbots. This way customers can log in at time and get their problem solved. The number of brick and mortar physical shops will reduce and there will be an increase in the usage of AI chatbots, social media, and the overall increase in the e-commerce industry. The use of AI by the e-commerce industry will greatly enhance the efficiency of the business; the quality of service will also improve. More and more sellers will join ecommerce industry in India and there will be very organized growth in the e-commerce industry.
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