Skip to main content

Quick Guide for the Online Sellers and Glossary of Online Selling Words - Part 1

21st century's bonhomie with e-commerce  is a welcoming sign for online sellers. Day in and Day out, more and more e-commerce sites step into the online market. 

Tremendous leap from the Barter System of selling to the present day e-commerce has added more new words to the English Dictionary. This has lead to the difficulty of coping up with the growing number of e-commerce jargon for the online sellers . 


SELLinALL Blog as a goodwill gesture to the online sellers compiled this quick guide about the facilities and registration requirements of the top online e-commerce sites (in this blog -Part 1- five market places referred) to refer at a glance. As an additional feature this blog compiled the glossary of e-commerce words often used in the e-commerce platforms, to ease the difficulties the online sellers come across every day due to lack of understanding of the e-commerce terminology. 

This blog may be construed as the beginning of the Quick Guide and in future we hope to add more and more e- commerce sites and words to this compilation.

Readers  please note this guide provides you only the basic information of the e-commerce sites as a reference. Readers are requested to visit the ecommerce sites (market places) for a complete and authorised details.


Registration & Documents needed :  
Required   :    Pan card ; Vat/Tin Numbers of the sellers 
(except sellers of books and un-stitched items) Bank account -Cancelled Cheque leaf  supporting KYC data document - ID Proof, Adhar Card.

What can be sold   :      Only products 
Courier to flipkart  :      Not required

 How to go about   :     List your products on the site
 Pack the products :     by  yourself
Pick up                 :     by flipkart         
                                     
 Settlement for
the goods sold       : Within     5 to 7 days.

Sale price fixation :     By the seller

charges for listing  :      No charges.  Only commission for the                                                goods sold

When can be 
started                    :      After verification of documents

How many products
minimum needed      :   Starting can be made even with one product

fees charged              :   Commission on selling price 
fixed closing fee



Registration-   Required
Company details - email phone nos address etc.
Basic information about business: VAT/CST details mandatory and need to be provided after registration (except exempted category)

Is web site required :   No

How to go about     : Seller central account is available
Three different ways available  
                                    1.  Fulfilment by amazon
2. Easy shipment. Pack the orders
and wait for the Amazon to pickup                                                     through seller central account
3. Deliver products on your own and confirm
through your seller central account
Settlement for 
goods sold : Seven days


How to list the products                   - 
Web based interface available to list products. excel based inventory for bulk listing.(suggestion - Use SELLinALL

Is bar code is necessary - Currently it is mandatory for bar codes.                                              Exception can be made by
contacting your seller central account.
                                         
Protection against fraud : helps seller to protect against fraud                                                    purchases.



Registration required. Upon completion of  registration process accept the agreement. Create user id and password.

For identification   -credit or debit card.
Register on Paisa Pay.  Email id required.

website : No need

Shipping:  Shipping can be done through your                               courier
Power shipping process : Ebay's can be used

Seller Protection: Seller protection programme                                         available

International Shipping : Allowed

Selling by what type : Either by fixed price or by auction 
Charges : Insertion fee, Final value fee, Paise Pay facility fee

Seller training : Seller training given by Ebay





Registration: Required for setting up the shop;  Name your shop; Stock your shop with listing; Choose the payment method; Setup billing.


Registration : Required and sign the agreement; Issued with an on board starter kit; After going through the starter kit undergo a test; Upon passing through the test you will be put into ICU programme. After ICU you will treated as a permanent seller.
Registration  :  Yes.  Form filling with VAT / PAN.
Bank Account details:
Company name;  Product details : Whether authorised to sell this products ?

Web site :        No need

After registration :  Snap deal will contact you and helps you to proceed further.

Foreign  Sale :    No

Verification :    By snapdeal;  If they are not satisfied your subscription will be cancelled.

Charges :
Listing charges  : Free  
During the registration process other commission     structure will be done.

Training  : Initial training given by the Snapdeal.


(more ecommerce sites reference in part II )





Amazon    - One of the largest American E-Commerce site, headquartered in Seattle, Washington. Started in the year 1994 with cloud  infrastructure and it has many subsidiary sites all over the world.

Ad Centre - Advertising programme by google, to set budgeted advertising and only charged when visitor click the online advertisement.

Affiliate - OOfficiallyfattached or connected to an organisation ( a subsidiary group or a person)

AOV     - Average Order Value - Average amount each time a customer spend while placing order.

Batch - Number of transaction that have been captured and waiting for settlement

Bing Ads - Service by Microsoft advertising provider.  Pay per click advertising on  both Bing and Yahoo search engines.

Brick and Mortar  - Denotes to a physical presence of an organisation or shopping business in a building or other structures.

Bulk posting-   Number of data/listing of items made at the e-market place .

Baidu - A Chinese web service company famous for its search engine in China started in 2000.

bounce rate leaving the web page while going through without continuing for other pages of the visited site (URL)

blog - Writings of a person's thoughts published at a regular or frequent manner and linked to websites.

B to B - Business to Business

B to C - Business to Customer

Banner ad - Rectangular advertisements placed on the four sides of an web page but linked to the advertiser web site




Customer - A person or company or organisation  which deals with another.

C to C - Customer to Customer

C to B- Customer to Business

Conversion - The act of converting the site visitors into paying customers.

Conversion rate- The percentage of conversion.

Cookies- A form of small file stored in the computers in connection with a specific client and website.

Cross Selling - The action or practice of selling additional products or service  apart from the ordered by the existing customer

Dash board - User friendly page for the sellers in a website wherein which all the action oriented pages are linked. (example SELLinALL Dash board here details)

Drop shipping - Goods delivered directly by manufacturer to the retailer or to the  customer

Distributor - An agent who supplies to the retailer.




Ebay - AAmerican multinational e-commerce company started in 1995 at Sanjose, California USA.  It has many subsidiaries in many countries.


Etailing -   Online e-commerce retail selling.

etsy   -   Peer to peer e-commerce site focusing on hand made or vintage items and unique factory made items.

Ecommerce platform - A site for commercial transaction conducted electronically on the Internet.

Export   -     export any inventory or data from sellers computer to online market place computer.

facebook - A popular social media website. This site can alos be used as a market place by the online sellers.

flipkart - An Indian ecommerce company started in the year 2007 headquartered at Bangalore, India.

 
fulfilment - The action or process of delivering the goods to the customer

google - A search engine used for searching information of someone or  something on the Internet.

hosted carts - A website which makes provision for entrepreneurs and business with all the tools and services required for them to manage and conduct an ecommerce business.

Instagram - An online mobile application which provides the services to share pictures and video privately, publicly or other networking platforms.

Inventory - List of the items for selling in the e-commerce platform

import - Import any inventory or data from on line market place to the sellers  computer.
                           

Lazada - Singapore
headquartered ecommerce company started by Rocket in 2011. It has a group operated site in the east Asian countries.

landing page -A web page in a website which services as the point of entry to the website.

logistics - A formation of method for commercial activity to move the goods to the purchaser or customer.

(to be continued in Quick Guide for the Online Sellers and Glossary of Online Selling Words - Part II ) 

Popular posts from this blog

Pros and Cons of Cash on Delivery payment in E-commerce!!!

Cash on Delivery payment in E-tailing is  the most preferred form of payment by the customers these days. Cash on Delivery option is not available in many countries. But some countries in Asia like India, Pakistan, Bangladesh, Vietnam, Thailand, Nepal etc. support Cash on Delivery option in E-tailing.
These are the pros of Cash on Delivery payment: Cash on Delivery option is supported by many E-commerce sites in some countries of Asia, India being a part of it. Cash on Delivery (COD) is preferred by online buyers who would like to check the product before paying for it.  This is advantageous for the customers as they can check the product before paying for it.Another advantage of COD is that many people in rural areas of India and many other countries who do not have credit cards and debit cards can buy products online.COD is supported by many E-commerce sites to attract  online buyers who are not comfortable  to reveal their credit or debit card details online. Cons of Cash on Delivery …

BE IN LOCAL, GO ON GLOBAL: How to be a local manufacturer and also be global online seller.

The Success of a Manufacturer depends on,  how well his products are purchased by the consumers.
The timeline of international trade dates back to the Sumerian Era of Mesphotomien region (around 2000 to 3000 BCE) and then to the Chola Era of Southern India. If we delve deeper into it,  we see the Incense Trade Route is much older than the Silk Trade Route. The Incense trade route included a network of a major ancient land and sea trading routes linking the Mediterranean world with eastern and southern sources of incense, spice and other luxury goods (gold, silver, ivory and precious stones) stretching from Mediterranean ports across the Levant and Egypt through Northeastern Africa and Arabia to India and beyond.

During the middle ages, the Silk Trade Route has been formed and trade has been established between the Greco-Roman empires with the Chinese and South Indian Kingdoms. After this, the trade has flourished in the early modern and the Later Moden periods between eastern and weste…

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 attracting significant traffic, making it tedious for the brands …