Amazon slashes seller commissions to undercut Flipkart, Snapdeal - Dollar Advisory & Financial Services

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Thursday 16 June 2016

Amazon slashes seller commissions to undercut Flipkart, Snapdeal

Amazon, that has adopted associate degree open cheque policy to capture the Indian e-commerce market, has reduced the commission it charges from sellers on electronic product and laptop software package because it appearance to expand its base of sellers and undercut competition from rivals Flipkart and Snapdeal.

The move by the US on-line retail big comes shortly when Flipkart, that is harassed to chop losses, multiplied commissions, whereas additionally passing on the value of shipping and returns to the sellers. many sellers have protested against the move, threatening that they'll stop merchandising their merchandise on Flipkart.

A third of all product sold-out on-line by the highest 3 e-commerce marketplaces make up the physical science class, with smartphones dominating the section. Amazon has reduced commissions for smartphones and tablets by half-hour, charging sellers simply third of the value of the device.

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