Amazon India sees 250% annual growth in sellers - Dollar Advisory & Financial Services

Breaking

Saturday 18 June 2016

Amazon India sees 250% annual growth in sellers

US-based Amazon on Gregorian calendar month seventeen aforementioned it's witnessed a 250 % year-on-year growth in transportation new sellers on board because it appearance to faucet into the booming e-commerce market in Asian nation. the corporate, that is creating multi-billion dollar investments in Asian nation, has over eighty five,000 sellers on board.

"We started with a hundred sellers 3 years past and currently we've over eighty five,000 sellers growing at 250 % year-on-year and adding over ninety,000 merchandise daily," associate Amazon Asian nation advocate aforementioned in associate emailed statement. Amazon, that competes with the likes of Flipkart and Snapdeal, has cut its commissions by 25-30 % across classes like mobile phones, PCs, electronic devices and private care appliances.

"We assume these revised rates will considerably facilitate sellers to perform even higher and reach their business. additionally, we tend to still initiate and provide best in school services like Fulfilment by Amazon, Easy Ship, vender Flex, etc to assist them with fulfilment/logistics so they'll concentrate on their business," the Amazon advocate aforementioned. Flipkart, on the contrary, had recently exaggerated its commissions across key segments and asked sellers in touch the prices of provision just in case of returns.

Recently, Amazon CEO Jeff Bezos had aforementioned the corporate can invest USD three billion in Asian nation. this is often additionally to the yankee e-commerce giant's USD a pair of billion infusion in 2014, taking its total investments here to over USD five billion.

Read more at: http://dollaradvisory.com

No comments:

Post a Comment