Business

Flipkart Lower Merchant Fees to Up Sales Volume

“Total orders for our sellers had dropped by about 25% since June, when we had raised our product prices by 25-35% to absorb the increased fees on Flipkart,” he said. “The current move by Flipkart is indicative of increasing throughout in terms of volumes.

Also, this will draw in serious sellers, which means better business for the marketplace,”

Harish HV
Partner, Grant Thornton India LLP

This article apeared in Economic Times on 3rd March, 2017.