Paytm lowers commission levied on sellers to compete with Flipkart, Amazon, Snapdeal

  • Vijay Shekhar Sharma run Paytm, backed by Alibaba, the Chinese E-commerce giant has recently lowered the commission that sellers on its platform pay to take on its rivals Flipkart, Amazon, and Snapdeal.
  • “To help you get more out of selling with Paytm, we are lowering the base commissions for certain categories to 1.65%,” the company said in an email to its sellers. “With a lower commission, you can now offer the most competitive prices to your customers and increase your chances of boosting sales.”
  • The change in commission will have an impact on categories like home décor, furnishing, hardware fittings, kitchen category etc.
  • With the announcement of launch of Paytm mall last month, company is introducing strict guidelines for sellers and marketplace commission on shipping charges.
  • Paytm always hit strokes at right time when sellers on its rival snapdeal claiming non-payment of dues, and at the same time AIOVA ( All India Online Vendor’s Association) is taking this move of Paytm optimistic in the unfortunate times’ of online sellers.
Source: http://bit.ly/2nrxcoe

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