IndiaCatalog.com
India News
Search Web Directory
News Home
Amazons new seller policy may impact prices online
Posted on 19th March 2018
BENGALURU: Amazon is tweaking its seller policy, which will be effective from April 19. These changes will see a reduction in various fees that Amazon charges from sellers on its marketplace. The e-commerce major will also hike the fee it levies on sellers in select categories as competition with Flipkart heats up.

BENGALURU: Amazon is tweaking its seller policy, which will be effective from April 19. These changes will see a reduction in various fees that Amazon charges from sellers on its marketplace. The e-commerce major will also hike the fee it levies on sellers in select categories as competition with Flipkart heats up.

Amazon’s India head for seller services, Gopal Pillai, said the new changes will boost margins for those who are selling on its platform. According to the new policy, Amazon has decreased the referral fees in over 30 categories, which

range from 10% to as high as 75%. In over 20 categories like shoes, pet food and backpacks, the e-tailer has increased the referral fee by up to 50%.

Amazon typically sends the policy changes to sellers in advance. But at the time of filing the story, third-party sellers had not received any communication. The changes in seller policies assumes significance as it can have an impact on the overall pricing of products sold online. In cases of higher overall commissions for e-commerce companies, third-party sellers typically increase the price of the product on the platform, passing hikes onto consumers.

“Essentially, sellers will see improvement in their margins. We have over 3 lakh sellers now on the platform and our policy is to ensure growth for everyone regardless of their size and scale,” said Pillai.

Related Companies: Amazon India   

Other Latest News
UP cops arrest owners of bogus brokerage involved in Rs 4,122 cr DHFL scam
Posted on 7th December 2019

The economic offences wing (EOW) of Uttar Pradesh Police has arrested seven accused in the UP Power Corporation Limited (UPPCL) employees' provident fund (PF) scam, in which Rs 4,122 crore was illegally parked with private lender Dewan Housing Finance Corporation Limited (DHFL).

Those arrested included a senior DHFL official, a chartered accountant and the owners of bogus brokerage firms. With the new arrests yesterday, the number of those rounded up in the case has risen to 12.


NTPC inks Rs 5,000 crore term-loan pact with SBI for capex spending
Posted on 7th December 2019
Power generation company NTPC on Saturday said it has signed a term loan agreement for Rs 5,000 crore was signed with State Bank of India (SBI).

The loan facility has been extended at an interest rate linked to 3-month MCLR (marginal cost of funds-based lending rate) of the bank and has a door-to-door tenure of 15 years, NTPC said in a statement.


Priyanka Gandhi meets Unnao rape victim's family, attacks UP govt
Posted on 7th December 2019

Congress general secretary Priyanka Gandhi Vadra on Saturday blamed the BJP government in Uttar Pradesh for the death of the Unnao rape victim, following which she met the deceased's family members at their house and offered her condolences.

Hours after the death of the 23-year-old gang rape victim at a Delhi hospital, the Congress leader alleged that the "hollow law and order mechanism in UP" denied justice to survivors of sexual violations.


Goa minister urges Modi to mandate public hanging of rape-murder convicts
Posted on 7th December 2019

Goa minister Michael Lobo on Saturday demanded that public hanging of convicts in the rape-murder cases be made compulsory in the country for sending out a strong message in the society in order to curb crime against women.

He also urged Prime Minister Narendra Modi and Union Home Minister Amit Shah to bring amendments to the law to facilitate public hanging of such criminals.


Hyderabad cops file case against 4 rape accused after shooting them dead
Posted on 7th December 2019

A case was registered against four accused, arrested for the alleged rape and murder of a woman veterinarian near here last month and killed in an encounter, for 'attacking' the police personnel.

Case under IPC sections 307 (attempt to murder), 176 (omission to give notice or information to public servant by person legally bound to give it) and relevant sections of the Indian Arms Act were registered against the accused.


» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for Amazons new seller policy may impact prices online
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for Amazons new seller policy may impact prices online

Most Read News

Piramal Capital borrows Rs 1100 crore for 4 months from Barclays: Report

HDFC Bank sees signs of rural revival as wider economy remains sluggish

Airtel, Voda Idea and Jio to hike mobile, data tariffs by up to 40%

Facebook corrects user's post after Singapore invokes fake news law

JSW Steel eyes to supply 1.5 lakh tonne to metro rail projects in FY20

More India News

  India Web Directory
Business Profiles
Automotive Directory
IT/ITES/BPO Directory
Hotel Directory
Health Directory
Business Directory
Gems & Jewellery
Education Directory
Real Estate Directory
Agriculture Directory
Logistics Directory
Yellow Pages
NRI Guide
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2019 IndiaCatalog.com
    All Rights Reserved
Privacy Statement