When one talks of Paytm the image that comes to mind is that of a payment service. However, Paytm is gaining speed as one of the fastest growing online marketplaces. Alibaba backs Paytm and it is one of the biggest B2B2C players in the world. In recent times Paytm has grown as a marketplace, offering hundreds of products and thousands of sellers. You too can jump on the Paytm bandwagon and grow revenues. How to sell on Paytm and other details are covered here in this post.
Be prepared
The first step in how to sell on Paytm involves obtaining necessary documentation like:
- GST registration of the company that you plan to register on Paytm.
- Your aadhar card as proof of identity
- PAN registration in the name of the company
- Bank account in the name of your company and copy of cancelled cheque
- Address proof in the form of passport copy, rental agreement or driving licence.
Scan or photograph these and keep electronic documents ready.
Get started
The How to sell on Paytm process of registration starts this way.
- Navigate to Paytm seller registration page at (https://seller.paytm.com).
- Create an account by entering the name of your company and your password followed by your email ID and mobile phone number.
- Once you submit these primary details you will receive an OTP on your mobile to verify email and phone.
- This done you can proceed with logging in to start the registration process.
Start registration
Log into your account to start the next step of how to sell on Paytm process.
- Navigate to seller registration link.
- A page opens up and you fill in details requested. Click submit.
- Where required you may be asked to upload documents as shown above along with digital signature with company stamp, trademark certificate where applicable, authorization letter and purchase invoice.
- Agree to terms and conditions.
- Submit the documents and finish the registration process.
- Wait for Paytm to check and verify and then you receive SMS/email confirming your seller registration on Paytm. This may take up to a week.
- That’s it. You are now registered and you can go on to listing your products on your storefront on Paytm.
Things to keep in mind
How to sell on Paytm or any other ecommerce marketplace takes knowledge and skills. If you are beginner, it is best to take assistance of ecommerce enablers or facilitators. You will benefit a lot.
- It is advisable to register as a company. You can form a limited liability partnership or a private limited company but the latter does involve lengthy process and expense with Registrar of Companies. Obtain your GST and PAN registration in company name.
- Registration is easy and free. Selling is not so easy because you have to pick the right products and price them right to sell in volumes, pay the fees to Paytm and still make a profit. Take assistance from ecommerce enables who will guide you on how to sell on Paytm and with product selection as well as pricing.
- Paytm has 10 crore customers and 100000 merchants serving 39000 PIN codes and a product portfolio of 500 categories. You have huge opportunities to tap the ever growing billion dollar ecommerce marketplace. Get it right with guidance from your ecommerce enabler.
Registration on Paytm as a seller is smooth and fast provided you follow the right steps and submit all the required documents. If you still have hesitation you can always get an ecommerce facilitator to do it on your behalf.
Related post: How To Sell On Amazon
No comments:
Post a Comment