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Merchant FAQs

GETTING STARTED

Q. Why Should I sell with ShopsLoot.com?
A. ShopsLoot is new e commerce based company, now a day’s every one purchasing on online due to this some local shops are not getting much business. So we have decided to add their shops on ShopsLoot.com and sale their products at anywhere.

Q. How do I register as a seller on ShopsLoot.com?
A. There will be an option “Go to Become a seller” on ShopsLoot.com and fill the simple registration form on website. One of our executive will respond after reviewing your application.

Q. What documents are required to be a part of seller on ShopsLoot.com?
A.
1. PAN card (Company/Shop PAN Card (or) Personal for own shop).
2. VAT/TIN
3. Bank account details and KYC documents for address proof.

Q. Any charges for listing my products on ShopsLoot.com?
A. Listing of products on ShopsLoot.com is absolutely free. ShopsLoot does not charge anything to you for listing your catalogue online.

Q. Who decide the prices of my listing products?
A. You have to decide the prices of your product. And you pay a small commission for what you sell.

Q. How much commission fee charged and what are the charges?
A. Commission fee is a certain percentage of the order item value of your product.

Q. Can you please explain the cost cutting calculation?
A. Here is the sample calculation.

S.No

Deduction Details

Percentage

Amount in Rs

1

Selling Item Price

Decided By You

1000

2

ShopsLoot commission based on product  

10% assuming

100

3

Shipping Fee(0-500 grams)

3%

30

4

Packing & Collection fee

2%

20

5

Other Fee

3%

30

6

Total marketplace fee

 

180

7

Service tax 15%

 

27

8

Total deductions

 

207

9

Final Settlement amount to seller

 

793

 Based on above calculation your deduction on selling item price 20-22% maximum it is.

Q. When & how will I get payment?
A. The payment is made directly to your bank account within 7-10 business days of dispatching an order and all payments are through NEFT transactions only.

Q. How & when can I start selling?
A. Once your application received with all required documents we will activate your profile as a vendor on ShopsLoot.com and you can start selling your products.
Q. How can I list my products on ShopsLoot?
A. Our Customer executive will guide you step by step process to add your product on our website.

Q. How can I add product images and description?
A. We will guide and help you to add your products on our website.

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