Shopsy

Shopsy by Flipkart, is a brand-new ZERO commission marketplace designed to bring sellers across India on a single, online platform, for them to reach out to a wide network of customers to sell their products. The platform allows sellers to extend their reach to a wide network of budget-friendly customers across the country. The platform also has a plethora of benefits for sellers and its hyper-value promise has made it one of India’s fastest-growing marketplaces. Shopsy by Flipkart is a new selling platform that allows sellers to sell products at a 0% commission. It is among the fastest-growing marketplaces with 100 Mn+ users shopping through the app, The platform allows sellers to extend their reach to a wide network of budget-friendly customers across the country who are looking out for affordable products. The benefits of selling on Shopsy are : • ZERO percent commission On Shopsy you pay 0% commission for products listed in Shopsy exclusive verticals. • Easy listing No professional photoshoot is required and sellers can upload tabletop and hanger images of their products clicked with mobile phones. • Simple Fee Structure The fee structure is easy and simple to understand and provides sellers with one of the lowest cost of doing business. • Access to Flipkart’s logistics network Get ensured hassle-free pick-up and delivery of products through 900+ pick-up hubs. • One of the fastest-growing marketplaces in India Shopsy is already one of the fastest-growing marketplaces, ...

BANGALORE, India, June 8, 2023 — While big sales days have chalked out a clear pattern on buying trends in India’s big cities, tier-2 and tier-3 towns are drawing their own niche in terms of the products and price points they are looking for. This emerging pattern is clearly seen through Shopsy, Bharat’s hyper -value e-commerce platform by the Flipkart Group, which has provided value to millions of customers across India since its launch in 2021. Currently, Shopsy gets nearly 70% of its customers from tier-2 and tier-3 regions in the country and contributes to over 40% of first-time customers to the overall Flipkart group. Users download the Shopsy app, where they can shop for discounted resale products across a wide range of categories. Since launching, Shopsy has aimed to make digital commerce accessible across India by enabling a wide range of affordable product selections and a zero-commission marketplace. Today, the platform provides 150 million products spanning 800+ categories for customers across India. Ruchika Singhal, owner of Paryag Hosiery based in Delhi and a Shopsy seller, said, “eCommerce is a boon for budding entrepreneurs as it involves minimal investment and allows flexibility of hours. I started my business in men’s fashion after having my first child. Despite being able to maintain a work-life balance effortlessly, it has been an incredible journey for our business on Shopsy. I am highly appreciative of Shopsy’s unique seller initiatives and the support...

India Owner URL .shopsy .in Launched 2021-07-01 Shopsy is an Indian History [ ] Flipkart introduced Shopsy in July 2021 Shopsy was earlier helmed by Flipkart’s SVP - Growth & Monetisation, Prakash Sikaria until July 2022. In September 2022, the company launched Grand Shopsy Mela for direct customers and eventually introduced a vernacular search for addressing the non-English speaking demographic. Business model [ ] Shopsy is a zero-commission marketplace model for sellers in Awards [ ] • Google Play Best of Users’ Choice Award for 2022 . References [ ] • Moneycontrol. • Mishra, Digbijay; Sharma, Samidha (2022-01-04). The Economic Times. • Mundhra, Laxitha (2021-10-08). Inc42 Media. • TV9 Kannada (in Kannada). 2021-07-01. • Financialexpress. • Moneycontrol. • www.thehindubusinessline.com. 2021-07-01. • Business Standard. 2021-08-03. • Majumdar, Romita (2021-07-02). Inc42 Media. • Soni, Yatti (2022-11-03). www.thehindubusinessline.com. • India Today. • Moneycontrol. • Khosla, Varuni (2023-03-02). mint. • Soni, Yatti (2022-07-22). www.thehindubusinessline.com. • Khan, Sami (2023-01-07). www.ibtimes.co.in. • Singh, Nikesh (2023-01-23). www.business-standard.com. • mint. 2019-03-04. • www.business-standard.com. 2022-10-04. • Crossley, Isabelle. FashionNetwork.com. • Business Today. 2023-02-28. • www.business-standard.com. 2023-02-07. • BBC News. 2018-05-10. • The Economic Times. 2022-12-01. • TimesNow. 2022-12-01.

Walmart -owned The The Shopsy platform has also expanded geographically, reaching smaller towns in India as well as big cities, according to the release. The platform’s growth has been driven by young people in India — with people younger than 35 years old accounting for 90% of its new customers — and budget-conscious families, the release said. “Many of these customers are exploring eCommerce for the first time and are looking for value options,” Walmart said in the release. Shopsy now provides access to more than 150 million products in over 80 categories, all with a focus on affordability, according to the release. Among the fastest-growing categories are watches, jumpsuits, hair trimmers and mobile phone covers. “Shopsy is a story of an aspiring India, a population keen to make the most of its smartphones, high data speeds and fast-rising incomes,” Walmart purchased The Flipkart deal has established Walmart as an industry leader in India, although both it and Amazon have lost market share to homegrown companies like eCommerce sales in the country are expected to reach $135 billion by 2025, triple the amount from 2020. PYMNTS research has found that India’s

What is Shopsy? Shopsy by Flipkart is a free selling platform that allows sellers to sell products online in India. As a seller, you can list on Shopsy, and reach approximately 200-500 million budget-friendly budget-friendly customers. The platform has created a network of distribution between sellers and resellers. As a result, sellers on Shopsy can sell to customers who are not very acquainted with e-shopping via resellers who are people your customers know and trust. How to sell on Shopsy? 1. Sign up Use your mobile number, email id to sign up. Enter your pincode to check serviceability. 2. Fill in business details Upload your GSTIN. 3. Complete the bank verification Provide sample signatures and a copy of a canceled cheque with the company name printed on it. 4. Onboarding List at least one product on the site. 5. Congratulations! You are ready to sell on Shopsy. Why do sellers choose Shopsy? Benefits of choosing to grow your online business with Shopsy. • ZERO percent commission and low set-up costs On Shopsy you pay 0% commission for products under 0-500 gms on verticals listed on the site. • Easy cataloging No professional photoshoot is required and sellers can upload tabletop and hanger images of their products clicked with mobile phones. • Ready logistics network You and your customers are ensured hassle-free pick up and delivery of products through 200+ pick-up hubs and 10,000 delivery agents. • No PaperWork > No brand regulations > No trademark needed • Access t...