Flipkart, announced an all-new simplified rate card policy aimed at revolutionizing the seller experience on the platform and enabling greater settlement clarity. Key highlights of the new rate card, effective May 18, 2024, include a Simplified Rate Card Structure, Economical FBF rates offering a competitive edge to streamline operations at a larger scale, and an Updated Shipping Policy, enabling sellers to provide enhanced customer value. This transformative change through a simplified rate card will foster equitable growth opportunities, reflecting Flipkart’s commitment to empowering sellers.
Flipkart has implemented an educational strategy to help sellers understand the benefits and implications of rate card revisions. The company will provide recorded explanations and step-by-step guidance on navigating these changes. Flipkart’s dedicated seller support team will assist sellers with enhanced business decision-making.
The goal is to help sellers make informed decisions and maximize their success on the platform. Through this initiative Flipkart is furthering its commitment of shaping a promising future for e-commerce in India. Speaking about the development, Rakesh Krishnan, Vice President and Head – Marketplace, Flipkart, said, “With enhanced benefits, we are confident that this initiative will unlock new opportunities for sellers to thrive and transform the selling experience on our platform.”