Skip to main content

Will the Tax problems in Uttar Pradesh spread to other states???

The new tax policies on the products bought online which cost above Rs.5000 in Uttar Pradesh is pushing E-market places like Snapdeal, Flipkart etc. to losses. Uttar Pradesh is a densely populated state with many cities. All this began when the Uttar Pradesh government wanted online buyers buying articles to fill the VAT form and declare the registration number of the delivery vehicle. The orders above Rs.5,000 are not being delivered by the E-marketplaces in this state and it is loss to both buyers and the E-market places.
This scenario has a direct impact on the E-market places. The current solution to this problem is the establishment of warehouses in the state by the E-market places.  The E-market places say that the similar problem exists in Uttarakhand and was earlier faced in Bihar. 
Amazon may have lesser trouble due to this, as they have fulfilment centres all over the country. The E-market places have to plan on the finance side as how the extra taxes laid down by the state governments can be paid and the planning should also be done on the establishment of fulfilment centres. It is better these two things are taken care as early as possible by the E-market places to reduce the losses as the other states may also start to lay the same rules as Uttar Pradesh. 
The aspiring online sellers should also plan about these things when trying to start their own website. Hope these problems are resolved soon so that the E-market places and buyers both can benefit from online selling. The Online sellers selling in E-market places like Amazon, Snapdeal, Flipkart, Shopify, FaceBook, EBay, Etsy Etc. can choose SELLinALL to list/post products as it saves time and keeps the inventory in a organised manner.

Popular Posts

What you need to know about Gross Merchandise Value

Gross Merchandise Value (GMV) is defined as the gross sales revenue generated over a period of time by an e-commerce platform before any deduction for fees or commission . It is used to track the growth rate of an e-commerce business since it measures the value of the total merchandise that has been sold through the site for a specific time period, quarterly, bi-annually, or annually. Gross Merchandise Value = Number of Goods sold x Price of goods sold This metric is useful for e-commerce businesses that buy and store the merchandise from suppliers and delivers to customers when purchases are made. However, it cannot be used as a standalone metric for all online retail platforms. For e-commerce sites that operate as a Customer-to-Customer (C2C) business, they do not physically manage the goods. The total commissions generated and accrued expenses, such as delivery fees, advertising, return expenses incurred are more important to track for this business model. This is also known as Gro...

Cold Calling is Dead !

You have probably heard this, ‘Cold Calling is dead.’ And most likely from a new age salespeople and/or the marketing departments of social professional networking platforms. And when quoted with statistics below, one can even conclude that cold calling is futile. Cold calling results in about a 1-3% success rate for getting an initial appointment and it’s generally abusive to both parties. When that same call is made with a referral, the rate jumps up to 40% and even much higher when that referral comes from within the company. - Mahan Khalsa, co-author of  Let’s Get Real of Let’s Not Play   "Don't SELL on your first warm call" But cold calling has always got a bad rap, since the time of landline telephones supported with the yellow pages. With a huge number of customers in many countries having the option of DNC (Do-Not-Call) registry,it can seem even more for the case of cold calling. But the truth is that this is still an effective way to reach ...

Influencer Marketing in E-commerce Strategy

  Influencer marketing is not a new concept in advertising. Before the rise of the internet, celebrities and sportspersons endorsed brands through traditional advertising mediums (TV, news, magazines). Social media platforms such as Instagram, Tik Tok, Facebook, Twitter, and Snapchat, on the internet now allow influencers to directly connect with the core audience. Additionally, the platforms have given opportunities to other people, also known as micro-influencers. Today, 9 out of 10 brands utilize influencer marketing to reach their target consumers and the ROI on using influencer marketing has proven to be more effective, generating $18 for $1 spent. With 7.9 million retailers vying for online consumers, influencer marketing has become a core part of digital marketing strategy. Who or what are Influencers? It’s not possible for upcoming brands to partner with A-list celebrity influencers such as Dwayne ‘The Rock’ Johnson, Kim Kardashian, o...

Search This Blog