Flipkart has introduced a series of programs for the benefit of the seller ecosystem. The e-commerce marketplace encourages sellers who have achieved tremendous growth on the platform by giving away annual awards. Sellers are recognized across categories like mobile, fashion, shopsy, and BGMH.
Some key parameters considered to be reward and recognize the sellers included GMV, units, reliability, quality, and speed. This year, the number of sellers who achieved commendable growth in their entrepreneurial journey and were felicitated by Flipkart was more than twice compared to last year.
With ongoing consistent efforts, and policy changes introduced this year such as the ten-minute onboarding process to improve the ease of doing business online, greater ease of listing, and faster payments, Flipkart registered a twofold increase in the number of onboarded sellers and a fourfold jump from the sign-up stage.
As a homegrown marketplace, Flipkart understands the needs and expectations of indigenous sellers and has always focused on driving positive change and assisting entrepreneurs in their journey. Flipkart, with a strong focus on inclusivity, has catalyzed and accelerated growth and prosperity across its value chain. A people-centric platform, Flipkart has empowered its stakeholders with business-friendly policies and helped in building a robust, tech-enabled MSME ecosystem.