Amazon slashes sellers' fees to take on Flipkart - Dollar Advisory & Financial Services

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Friday 17 June 2016

Amazon slashes sellers' fees to take on Flipkart

Amazon has slashed vender commissions on smartphones and software system, following rival Flipkart’s call to extend fees, whereas additionally passing on the value of shipping and returns to sellers.

A seller’s cluster has vulnerable to prevent marketing on Flipkart.

Electronics, principally smartphones, form up a 3rd of all on-line sales in Asian nation. Amazon has reduced commissions on smartphones and tablets to three per cent from five per cent of the value of the device. For movies and academic content, it's reduced the commission to five per cent from twelve per cent.

Amazon’s call to chop commissions from Fri permits sellers to supply product at a lower price, effectively bypassing foreign direct investment norms for e-commerce marketplaces that ban such players from giving discounts.

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