Skip to main content

Snapdeal still going strong despite the lastest issues!!!

Snapdeal is one of the  major E-commerce/E-tailing websites in India. According to the Business standard, Snapdeal  has about 40 million registered users and about 1.5 lakh sellers all over India. The valuation of Snapdeal in 2015 according to Times of India is 4.5 billion dollars. There are many issues related to Snapdeal which are surfacing these days.
The latest issues related to sellers being making some forms mandatory for shipment to particular states. The attachment of  form17 and form18 when shipping products to uttarpradesh is mandatory for Snapdeal sellers. The attachment of form JVAT 504G is made mandatory for shipments to jharkand state. The other issue being the incorrect shipping charges being levied on sellers. All these issues may play a role in the sales of Snapdeal.
The other issue which is heating up is the legal fight between paytm and snapdeal. Paytm has filed a law suit against Unicommerce which is an e-commerce management software and fulfillment solutions provider for snapdeal. Paytm accused Unicommerce of stealing its confidential business data.
These issues may  have some impact on the sales and can place pressure on Snapdeal. But Snapdeal is still going strong with its future plans. The introduction of Software called wings to support sellers to improve their sales and the improvement in the Snapdeal seller panels is a step which will bring advantage to Snapdeal sellers. 

The introduction of SHOPO with its zero comission is a big hit among small and medium investment online businesses. Snapdeal is investing on the infrastructure like logistical support. Snapdeal helps sellers to have fulfilment centres on no-profit , no-loss basis. All  these added up speaks that Snapdeal is looking into expanding its strength and not up on the profit earned.
SELLinALL is an E-commerce software to list products in Amazon, Flipkart, Shopify, Facebook, Etsy, Lazada groups etc.

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...

5 Major challenges faced by e-Commerce sellers and ways to overcome it!

Based on a report by Google and Temasek Holdings, Southeast Asia’s (SEA) digital market could exceed US$200 billion before 2025. Southeast Asia’s digital economy is forecast to triple its size in the next 5 years. Read more on the challenges faced as a seller in the E-commerce marketplace, to help you decipher and be part of this immensely growing economy. E-commerce stores are on the rise due to a numerous reasons.  As far as market association is concerned, E-commerce sites already have an existing network of buyers. So, selling your products becomes relatively easy as branding and advertising is already taken care of.As  Sigmund Freud 's had rightly said  “ I carefully consider my decisions as everything comes with pros and cons! ”  Marketplace Management When it comes to South-East Asian E-commerce market, the most underestimated struggle is  Fragmentation  i.e. there are a number of e-commerce platforms in ASEAN countries attractin...

Buy Online, Pickup in Store

A National Retail Federation study on Consumer Views in late October 2019 revealed that70% of the survey participants would pay for a Buy-online, pick-up-in-store service (BOPIS). BOPIS has emerged as a convenient option not only for consumers but retailers that invested in brick-and-mortar stores. Growth in online retail sales was overtaking traditional brick-and-mortar retail before the pandemic and BOPIS was being adopted by top retailers. With the onset of the pandemic in 2020, a Digital Commerce 360 survey in late 2020 showed results that 43.7% of the top 500 retailers with physical stores were offering BOPIS — up from 6.9% before the pandemic started. BOPIS, also known as click-and-collect or curbside- pickup provides a safe, contact-free way to shop online and pick up the ordered items. In order to implement BOPIS, a retailer needs to implement the following tools: 1) A website or app where customers can shop and place orders for the products online 2) A brick-and-mortar locatio...

Search This Blog