To start selling on Snapdeal, you need to get through a simple registration process which is absolutely free of cost. On getting registered, you can start displaying your products and get orders online from all the potential buyers all over India. As a facilitator, Snapdeal does charge some fee on the orders processed.Snapdeal founded by Kunal Bahl and Rohit Bansal is India’s largest online marketplace offering more than four million products across a range of categories from over 50,000 sellers. Snapdeal witnessed record amounts of sales during the recently held sale day, crossing Rs. 1 crore of sales every minute. With more and more people shopping online, e-commerce continues to be one of the fastest-growing industries with plenty of opportunities. Selling through online marketplaces like Snapdeal, Flipkart or Amazon can help established businesses quickly find customers without having to worry about technology or marketing.
Who Can Become a Snapdeal Seller?
- An Individual– Any individual person can register himself/herself as a seller by providing the required relevant details along with the registration form
- A business registered as a Private Limited Company– 2 or more people can come together and form a private limited company by registering themselves with the Ministry of Corporate Affairs. Once the Certificate of Incorporation is received, they can start the process of registering themselves with Snapdeal
- A business registered as a Limited Liability Partnership Firm– 2 or more people can come together to form a partnership and get themselves registered with the Ministry of Corporate Affairs. After registration, they can start with the Snapdeal registration process
- A business registered as a One Person Company– If an individual person wants to register a company and enjoy the benefits of limited liability, s/he can get their business registered as a One Person Company(OPC)
Selling on Snapdeal - Documents & Registration Required
Business Registration (May not be required for established businesses)
The Snapdeal seller registration process requires the PAN Card, TIN Registration and Bank Account – in the name of the business. Therefore, a Private Limited Company or Limited Liability Partnership (LLP) can be started if an established business entity is not readily available during the seller registration process. Both Private Limited Company and Limited Liability Partnerships offer the promoters limited liability protection and are a separate legal entity – that can be scaled or transferred. It is however recommended that e-commerce sellers start a private limited company, as it offers the ability to quickly scale up and also easily access bank or equity funding. LLPs, on the other hand, have restrictions while raising bank or equity funding, and therefore not recommended.
PAN Card
A person must submit the Permanent Account Number or PAN card copy bearing the name of the businesses during the Snapdeal seller registration process. Both Private Limited Company and Limited Liability Partnerships would have PAN Card in the name of the business. Proprietorships would have PAN card only in the name of the Proprietor.
TIN Registration
TIN Registration is also known as Tax Identification Number, or Sales Tax Registration is required to begin selling on Snapdeal. Any person or entity selling goods or services in India requires TIN registration – both offline or online. Therefore, obtain TIN Registration by applying to the relevant State Authorities prior to selling on Snapdeal. Entities without TIN Registration can only sell handicrafts, books, online education or unstitched fabrics.
Bank Account
Submit the copy of the cancelled cheque to Snapdeal during the Snapdeal seller registration process. The bank account must be in the name of the business. Private limited companies and LLPs can both easily open bank accounts in the name of the business by submitting a certificate of incorporation and PAN card. Opening a bank account in the name of the business is cumbersome for a proprietorship, prove the existence of the business through other tax or business registrations. More information about opening a bank account in India.
Documents Required for GST Registration
- 1 Cancelled cheque of the bank account of the entity
- Aadhaar card of the directors or the partners, as the case may be
- PAN Card of the Company, LLP or the Individual
- Bank Account Details
You also need to share details of your current bank account in the name of the business. The documents required to open a bank account are:
- PAN Card of the Individual or the company or the LLP
- Address proof of the entity
- Certificate of Incorporation in case of a company or an LLP
- Bank form
- Partnership Deed in case of a Partnership Firm
- Identity proof and address proof of all the directors of the company or the LLP as the case may be
- Once the bank Account is opened, a cancelled cheque bearing the account number needs to be submitted
- Address proof of the entity
- 2 Valid email ids
FAQs
Steps to Register on Snapdeal as Online Seller?
- Decide the products you want to sell and list them down
- Get the catalogue of all the products in place. You can hire a professional to create a catalogue, displaying the pictures of the products along with product description. For good buyer experience, for eg. in case of ready-made apparels, you may hire models to demonstrate the product
- Next, go to www.sellers.snapdeal.com and fill up the “Register Now” form and click on Sell Now button
- Once registration is complete, update your profile and create product catalogue
- On receiving orders, get the goods ready for delivery. Snapdeal’s courier partners will pick-up & deliver goods to the end customers
Is there any registration fee for selling on Snapdeal?
No, Snapdeal does not charge any registration fee. However, a commission fee and other charges (like shipping and payment processing) apply on each sale.