How to sell products online in India A to Z Information

How to sell products online in India

A to Z Information

HOW TO SELL PRODUCTS ONLINE IN INDIA, A to Z Information

In this lesson, we will learn how to pursue an online business. This lesson is for those who are thinking of starting their own business or those who already have started one. But you have to read this lesson very carefully only after that you will be able to understand it. Get yourself a pen and a copy and note every information that seems to be important otherwise you won’t be able to understand that. This lesson might get a bit long because in this lesson we will try to cover all those topics regarding online business to clear your doubts.

What product will you sell?

Do you want to pursue an online business?  Then the first thing you need is the “Product”. If you are a manufacturer then you might have a product otherwise if you aren’t a manufacturer then you have to search for the product. If you want to search the product, the things you should ponder are listed below.

1. The weight of the product must be less.

2. The volumetric weight of the product must be less too meaning the size of the product must be small because our logistics cost depends on both of these factors only.

3. The products must not get damaged easily. Friends it has been seen many times that the product gets damaged while passing through the logistics phase. So, try to sell that type of products that do not get damaged easily.

4. A good profit margin should be there on the product because on the product companies take their commission, logistic fees are deducted, collection charge is also deducted, we have to pay the tax and after that, at last, we receive the final amount.

The most important thing when you want to do online business is to take care of choosing a good product, introducing a good product line only after that think of selling that product.

Where will be the business place?

After that comes Business place means from where to start a business. It is very important that how good is our business place. If you have your own space or your own shop or your own office then nothing is better than that cause you don’t have to pay the rent and if you are thinking to start the business that would be the best because it will save your expenses. But if you are thinking to take a building on rent then you don’t need to look for an expensive building. Rent should be a minimum that would be better for you because it doesn’t require a prime location you can anywhere take a building for rent. Just remember there should be enough space for your logistics partner to carry their respective vehicle there.

The GST Process

Secondly, the business place you are going to choose, the GST number should be easily available there. So, friends remember this thing whenever you choose a business place. Friends we have covered two topics till now product and business place. Friends when we will have a business place after that we will register in GST. Friends requirements for registration in GST are Aadhaar Card, PAN Card, if you have taken an office on rent then rent agreement is required and also Electricity bill, bank statement of saving account and 4-5 photographs.

The Registration with Online Companies

You require Aadhaar Card, PAN Card, rent agreement, electricity bill plus two additional documents that will be Current Account and Digital Signature. In Digital signature you just have to sign on a white paper and then upload it wherever online companies require it. Friends if you want to get registered with snapdeal then you have to register on the site seller.snapdeal.com. If you want to get register with Paytm then register on site seller.paytm.com and if want to get register with Amazon then register on-site seller.amazon.in. and if you want to get register with Flipkart then register on seller.flipkart.com. The documents which I made you aware of only these documents they will ask you for and after that, they will register you for their online business. Mates these companies will provide you the basic training and then they will provide you a seller panel. Seller Panel is the Panel from where you operate the business with these companies.

Now after getting registered we list our products in its which we call as the Product listing. Friends whichever product you want to sell you have to click its photographs with white background. Secondly, remember the dimensions of the product should be clear, the pictures of the product should be clear. Regarding this, we already have made a lesson on our YouTube channel.

While listing the products we would have been provided two options

1. Selling of Branded products.

2. Selling of Unbranded products.

Branded products are those which are of famous and recognized companies. For that you have to get an authorized letter of that brand then only you would be able to sell their product or if you want to sell your own product or want to sell any product of open market then also you have to provide the product a brand name. If you want a brand name for that you have to register for the trademark that we will cover later.

When your products get listed within a few hours your products gets live by the listing team. When your products get live you start receiving orders. When you start receiving orders then try to process your order within a day or at the same day because the faster products get delivered to the customer the minimum will be the chances of cancellation or returning of the product. Before shipping the product check whether it is working properly or not. Package the product well before shipping it to reduce the chances of damage.

Payments

Every company has their commission rate which they will deduct and plus logistics charge, tax, collection fees, closing fees and then you will be provided the money. So, whenever you sell the product you should look after these criteria’s. These online companies provide you the payment within 5-7 days of delivery of the product. Payment is being done through NEFT or through the provided current account.

Returns

In online marketing returning of products is a major issue. In such cases, mention on POD that how the box is getting delivered to you. If your logistics partner doesn’t provide you POD then make a lesson while opening the box. If in case the returned product is damaged or the box is empty or any other issue then you can approach for the claim. At that time just remember to click the photographs of the damaged product.