Flipkart is digging its own grave. This company is being run by immatures.
Waiting for Flipkart to shut down now.
Starting today, get ready to pay more for products on Flipkart
According to eSeller Suraksha’s calculations, there will be also be a 200% to 300% increase in fixed fee (paid for every processed transaction). Returns would cost a seller Rs 108.9-197.45 for a product worth Rs 600 and having a shipping weight of 400 grams.
Returns itself, sellers said, will squeeze profits out of the business. For example, if a seller has paid a shipping charge of Rs 50, it will have to pay Rs 60 (1.2 times) if a return is placed and another Rs 50 for a reorder — a total of Rs 160, against the earlier Rs 50.
http://www.hindustantimes.com/busin...on-flipkart/story-IvzaP1SyjBtOsC2VVmmqTI.html
Several hundred sellers on the e-commerce marketplace Flipkart are on a virtual strike on Monday to protest against the company’s revised commission fee and sales return policy. Sellers have decided not to process any Flipkart orders and are also campaigning on twitter under #OnlineDharna and #SellerQuitFlipkart hashtags.
Flipkart, which has over 75,000 sellers on its platform, recently increased the commission it charges from the sellers, which they say was hiked by 10-40% for various categories.
http://www.financialexpress.com/art...-strike-over-commission-return-policy/290563/
Four years and five shutdowns later, a walk through the failed experiments at Flipkart
http://yourstory.com/2016/06/flipkart-flyte-payzippy-nearby-ping-shut-down/
Waiting for Flipkart to shut down now.