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Flipkart sellers report price change difficulties

Some vendors on Flipkart have reported difficulties in adjusting the prices of their products since May 18, following the introduction of a new commission rate card by the e-commerce company.

News Arena Network - New Delhi - UPDATED: June 27, 2024, 08:13 PM - 2 mins read

Flipkart sellers report price change difficulties

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Some vendors on Flipkart have reported difficulties in adjusting the prices of their products since May 18, following the introduction of a new commission rate card by the e-commerce company.

The Walmart group company has rejected any involvement in price manipulation on the platform and stated that they are collaborating with vendors to assist them in comprehending the new rate card policy.

"Around hundreds of our members are facing issues in changing their product price. In India, no one can sell above maximum retail price (MRP) and sellers can decide on charging below MRP. Sellers have complained that they are unable to change the price after Flipkart issued the new rate card on May 18. Not all are facing this issue. Only select sellers are facing this problem," Vinod Kumar, Trustee, Forum for Internet Sellers, Traders and Resellers ( First India) said.

He mentioned that Flipkart has communicated with sellers, assuring them that the problem will be fixed shortly.

The FDI regulations prohibit any e-commerce company from getting involved in the pricing decisions made by sellers on their platform.

Upon reaching out for comment, a Flipkart representative stated that the company abides by all FDI rules and does not exert any influence on pricing.

"We closely engage with millions of sellers, sharing valuable insights and gathering their feedback on how to drive growth and efficiency for sellers on our marketplace platform. This continuous collaboration ensures that our initiatives, including the revamped rate card, align with the evolving needs of our seller community, fostering a thriving and dynamic marketplace.

The all-new, simplified rate card policy is aimed at optimising growth avenues for sellers while enhancing settlement transparency," the spokesperson said.

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