arrow-left

Flipkart launches 'Shopsy' digital platform focused on boosting local entrepreneurship

  • India Infoline News Service |
  • 02 Jul, 2021 |
  • 11:25 AM
Flipkart, India’s homegrown e-commerce marketplace, has announced the launch of Shopsy, an app that will enable Indians to start their online businesses without any investment.

With the ability to influence their local network and fulfill their aspirations, users of Shopsy will be able to share catalogues of a wide selection of 15 Crore products offered by Flipkart sellers, ranging across Fashion, Beauty, Mobiles, Electronics and Home, among others with potential customers via popular social media and messaging apps.

Users can simply register on the Shopsy app using their phone numbers, and begin their online entrepreneurial journey.

Budding entrepreneurs can now set up their business as long as they have access to a network of people that trust them, without the hassle of investment, inventory or logistics management.

These users can share catalogues with potential customers via popular social media and messaging apps, place orders on their behalf and earn commissions on the transactions.

The commission percentage will vary depending on the category of products being ordered. This platform aims at providing new to digital commerce consumers access to products by simplifying the process through interactions with a trusted person.

Prakash Sikaria, Senior Vice President - Growth and Monetization, Flipkart, said, “Over the last many years, Flipkart has been committed to contributing towards creating direct and indirect employment opportunities across the country. Shopsy is launched to further that vision and provide additional earning opportunities for millions of enterprising Indians. Now, anyone from anywhere can start their online business with zero investment.

In addition, we are opening up Flipkart's years of e-commerce expertise for Indian entrepreneurs. Entrepreneurs now will utilize Flipkart's catalog, established delivery networks, and infrastructure to bring reliability and speed. These benefits will help them enhance the end consumers' experience, which in turn help them grow their business."

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 objective is to power e-commerce for communities and third-party channels where these users spend time/trust.

Invest wise with Expert advice

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
ad IconAd Image

Most Read News

Article Image
  • 14 March, 2022 |
  • 7:03 AM

The US Federal committee's meeting will conclude on March 16, 2022.

Most Shared News

No Record Found