One of the biggest Indian e-commerce sites for fashion and leisure is called Myntra. It offers a great chance for companies and individuals to sell their items and reach a large audience thanks to its millions of monthly active users. This manual will give thorough guidance on the Myntra selling procedure and assist in maximizing the enormous potential of this website.
Who Can Sell on Myntra?
The following types of registered businesses are allowed to begin selling on Myntra:
- Private limited corporations and partnerships
- Single-person businesses Limited liability partnerships
To expedite the registration process, have the scanned copies of the required papers available.
What Can You Buy and Sell on Myntra?
On Myntra, businesses can sell a variety of products, like:
- Clothing
- Jewellery
- Accessories
- Home Furnishings
- Beauty and hygiene products
Why Should Businesses Sell on Myntra?
Businesses can avail various benefits by selling on Myntra. Here are some of the reasons why businesses should sell on Myntra:
- Myntra serves more than 17000 pin codes and has a huge client base of over 40 million customers, giving the business access to this audience.
- Businesses will have complete control over your products, including how orders are handled and catalogued and how well they are made.
- Myntra provides its merchants with supply chain management, cataloguing, and fulfilment models.
- Setting up and maintaining an online shop does not require businesses to invest the necessary time, resources, or labour. Utilize the user-friendly interface of Myntra to promote and sell the items more successfully.
- Setting up a payment gateway is not necessary. Through its payment partner, Myntra will handle payment processing.
- Businesses may get real-time data insights and tools for tactical selling through Myntra’s Partner Insights.
- Excellent customer service is offered by Myntra, including quick and simple refunds, exchanges, and returns. When selling on Myntra, businesses may also give their customers a better shopping experience.
- Businesses can avoid worrying about shipping and delivery, which saves them a tonne of money on logistics.
Steps to Sell on Myntra
Create a seller account:
Step 1:
Click the “Sell on Myntra” link on the Myntra website.
Step 2:
The firm name, PAN number, and bank information should be entered into the seller registration form.
Step 3:
Send the application in, then wait for Myntra to examine and accept it. It can take a few days to complete this task.
Step 4:
As soon as the application is accepted, the Myntra seller account can be accessed and logged into.
Step 5:
Businesses can edit their product listings, check out sales statistics, and get in touch with customers all from their seller accounts.
Step 6:
Additionally, configure the delivery and payment choices.
Required Documents for Myntra Seller Registration
Before beginning to sell on the Myntra platform, make sure you properly read the terms and conditions of the site. Information about charges, commissions, and other specifications for sellers may be included in the terms and conditions. The following information will help to prepare the necessary paperwork for Myntra seller registration:
- Details of GSTIN Warehouse (address, contact number, etc.)
- Current bank account information, as well as a copy of a void check with your registered business name printed on it for verification.
- Brand information
- Trademark Certificate for manufacturers or brand owners
- No-Objection Certificate for Brand Importers, Distributors and Resellers
List and Manage Product Listings on Myntra
Here are some things sellers should keep in mind when listing and managing product listings on Myntra:
- When listing a product on Myntra, be sure to include all relevant details, such as the name, description, price, and photos.
- To entice potential customers and aid them in making wise purchase selections, ensure that the product information is precise and comprehensive.
- On the Myntra website, a variety of things may be added for sale.
- From the seller account on the Myntra platform, manage the listings once the items have been listed.
- Businesses can alter prices, add or remove goods, and update information about their products as necessary.
- It is possible to track the effectiveness of product listings, including views, sales, and client comments.
Details About Completing Orders and Receiving Payments
Completing orders:
- A notice will be sent via the Myntra platform whenever a consumer puts in an order for one of the seller’s goods.
- Businesses will be in charge of the product’s packaging, shipping, and updating the order status on the Myntra platform.
- Myntra offers shipping labels and tracking data to make order fulfilment more effective.
- Maintain constant contact with your clients and respond to any questions or concerns they may have.
Receiving payments:
- After deducting any fees and commissions, Myntra will process payments for the sales and transfer the amount into the bank account of the seller.
- You can check your seller account’s sales and payment records on the Myntra site.
Important Points To Keep In Mind
- Make sure the product listings are search engine optimized by including pertinent keywords, top-notch photos, and thorough descriptions.
- To draw customers and boost sales, think about providing competitive prices for your items.
- Inquiries from customers should be answered swiftly, and any problems should be solved without delay. This can enhance clients’ trust and the platform’s reputation on Myntra.
- Ensure that the items are in stock and accessible to clients by regularly updating the inventory on the Myntra platform.
- To boost sales and foster client loyalty, think about providing consumers with promotions and discounts.
- Use the sales statistics and data accessible in your Myntra seller account to track your sales success and make data-driven decisions that will help your company grow.
- Be careful to abide by all of Myntra’s norms and rules, especially those about product quality, delivery, and customer support.
- Offers should be constantly improved; when necessary, adjustments should be made to improve client happiness and boost sales.
- Customers on Myntra demand quick and dependable shipping, so be sure to provide solutions that live up to their requirements.
- Myntra offers a variety of advertising solutions to help efficiently market items and reach a larger audience. The possibility of sponsored items is a fantastic approach to increasing visibility and drawing more customers to the offerings. It enables placing the items at the top of search results, improving the likelihood that buyers will notice them.
- Display advertisements, on the other hand, offer a more visually appealing method of promotion and let sellers present their goods in a distinctive way. These advertising choices are an excellent investment for any company trying to expand on Myntra since they may increase the audience and increase sales.
FAQs on How to Sell on Myntra
Which five phases make up the sales process?
The five phases that make up the sales process are:
- Go up to the client.
- Find out what the client wants.
- Offer a resolution.
- Finish the sale.
- Finish the transaction, then follow up.
Who is Myntra’s intended market?
This firm has identified youthful, fashion-conscious, middle-class consumers who buy online for the greatest offers and high-quality items as its target market. Myntra is an online retailer with an emphasis on offering vibrant fashion at reasonable prices throughout India.
What is the Myntra business model?
The Flipkart subsidiary, once known as Myntra Design, uses a marketplace business model and derives its income from commissions and service fees paid by brands and sellers on the marketplace.
What sets Myntra apart?
Myntra is the nation’s go-to shopping site thanks to features like the largest in-season product selection, 100% genuine items, cash on delivery, and a 30-day return policy.
Is Myntra B2B or B2C?
Myntra began as a platform to offer customized goods to affluent clients in 2007, adopting a B2C business strategy. In response to the needs of the industry, Myntra then changed to a B2B model.
You may successfully market your items on Myntra and achieve a huge client base by following the detailed steps provided in the article. Additionally, to create a seamless selling experience, it’s critical to be aware of and adhere to the terms and conditions established by Myntra. So, check all the details carefully and start selling on Myntra.
Read More: