Flipkart launches Shopsy to help entrepreneurs
Flipkart launched Shopsy, an application that will allow Indians to start their online business without any investment. With Shop, Flipkart aims to empower more than 25 million entrepreneurs online by 2023.
Able to influence their local network and achieve their aspirations, users of Shopsy will be able to share catalogs of a wide selection of 15 crore products offered by Flipkart sellers, ranging from fashion, beauty, mobile, electronics and home, among others with potential customers via popular social media and messaging apps.
Entrepreneurs can register on the Shopsy app using their phone numbers and start their business, as long as they have access to a network of people who trust them, without the hassle of investing, inventory or logistics management.
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These entrepreneurs can share catalogs with potential customers through popular social media and messaging apps, place orders on their behalf, and earn commissions on transactions. The commission percentage will vary depending on the category of products ordered. This platform aims to provide new digital commerce consumers with access to products by simplifying the process through interactions with a trusted person.
“Over the past few years, Flipkart has been committed to helping create direct and indirect employment opportunities across the country. Shopsy is launched to promote this vision and provide additional income opportunities to millions of enterprising Indians. Now anyone, anywhere can start their online business without any investment. Additionally, we are opening up Flipkart’s years of e-commerce expertise to Indian entrepreneurs. Entrepreneurs will now use Flipkart’s catalog, established delivery networks and infrastructure to deliver reliability and speed. These benefits will help them improve the experience for end consumers, which in turn will help them grow their business, ”said Prakash Sikaria, senior vice president – Growth and Monetization, Flipkart, in a statement.
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Many online users in India do not transact online due to two key challenges: trust and simplicity.
Globally, “distributed commerce” as a channel has helped solve these problems and has seen tremendous growth. Shopsy’s The goal is to power e-commerce for communities and third-party channels where these users spend time / trust.