Online marketplace Snapdeal.com has launched Snapdeal Plus service for sellers by opening 40 fulfillment centers across 15 cities in the country. This will further enable the expansion of same day delivery service for its 30,000 plus sellers. With a plan to expand the service to 30 cities within this year, Snapdeal Plus service has been launched by the company as an effort to further enable businesses especially small-and medium-sized businesses to sell products on the marketplace platform to over 25 million Snapdeal members across more than 5000 towns and cities in India. Already 1,000 sellers are a part of the Snapdeal Plus service.
Snapdeal claims that the service will also enhance shopping experience with the shipping time after the order being placed for majority of the products shrinking from 24 hours to just 2 hours.
The service allows sellers to stock their inventory at the nearest Snapdeal Fulfillment Centre where the orders, once placed by customers, will be shipped in less than two hours. According to the company official, sellers are being provided with analytics and reports based on their past sales which will enable them to predict the level of inventory which they need to maintain at the fulfillment centers. Under the service, the seller continues to own his/her inventory at all times.
Speaking about the launch of the service, Rohit Bansal, Co-Founder and COO, Snapdeal.com, said: “Our vision is to partner with 100,000 sellers in the next 12 months and to create an ecosystem that allows businesses to sell online. Indian retail sector primarily comprises of small and medium sized businesses that often do not have the necessary infrastructure, resources and know-how to process and ship products directly to customers. Snapdeal Plus will enable sellers to supply locally and sell nationally, hence expanding their reach. Given the rapid traction we have already witnessed for this service, within the next 6 months, over 75 percent of the orders placed on Snapdeal.com will be fulfilled through this service.”
Snapdeal has also deployed MongoDB’s scalable database to manage its products catalogue. The association will allow Snapdeal customers to choose from over 4 million products across 500 categories, from more than 30,000 sellers.
