Update On :12 July 2016
In accordance with the feedback received from sellers by the e-commerce company Snapdeal, it has planned to incorporate certain changes and policies effectively from this week. The main change is that the marketing fees for over 120 sub-categories has been reduced to attract more sellers to its platform. The sub categories include digital products, electronics, women's fashion and FMCG products.
The company statement mentioned that the marketing fee for nearly 30 sub-categories has been increased marginally. While the reduction in fee ranges from 0.2-18 per cent, the increase ranges from 0.5 to 5.5 per cent. Snapdeal has also simplified policies for its self-serve platform which helps sellers resolve their queries easily. This is expected to enable the sellers avoid penalties due to ignorance or complexity.
Snapdeal said it will bear the cost for reverse pickup and payment collection, while packaging and shipping will be borne by sellers to reduce the hassle of return of sold goods, or exchange. Vishal Chadha, Senior Vice President, Market Development, of Snapdeal said that they believe reduction in marketing fees will foster growth for our sellers. Snapdeal have worked closely with its sellers and based on their feedback, they have made these policy changes to make them in-line with e-commerce industry best practices. The policy refresh is a part of Snapdeal's initiatives to make the seller journey more transparent and frictionless.
News Source From : http://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/snapdeal-announces-changes-to-simplify-seller-policies/53153681