New Delhi: US-based Amazon pronounced it has witnessed a 250 percent year-on-year expansion in bringing new sellers on house as it looks to daub into a sepulchral ecommerce marketplace in India.
The company, that is creation multi-billion dollar investments in India, has over 85,000 sellers on board. “We started with 100 sellers 3 years ago and now we have over 85,000 sellers flourishing during 250 percent year-on-year and adding over 90,000 products a day,” an Amazon India orator pronounced in an emailed statement.
Amazon, that competes with a likes of Flipkart and Snapdeal, has cut a commissions by 25-30 percent opposite categories like mobile phones, PCs, electronic inclination and personal caring appliances.
“We consider these revised rates can significantly assistance sellers to perform even improved and attain in their business. In addition, we continue to innovate and offer best in category services such as Fulfilment by Amazon, Easy Ship, Seller Flex, etc to assistance them with fulfilment/logistics so that they can concentration on their business,” a Amazon orator said.
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Flipkart, on a contrary, had recently increasing a commissions opposite pivotal segments and asked sellers to bear a costs of logistics in box of returns. Recently, Amazon CEO Jeff Bezos had pronounced a association will deposit $3 billion in India. This is in further to a American e-commerce giant’s $2 billion distillate in 2014, holding a sum investments here to over $5 billion.
The supports will be channelled towards enhancing patron and seller experience, Amazon India handling executive Amit Agarwal said. “India is a pivotal marketplace for Amazon and we will work towards stability to revoke handling costs for sellers corroborated by good logistics and achievement capabilities,” he had added.