Flipkart sellers allege price curbs

Several sellers on Flipkart have accused the platform of implementing price locks on their products without prior notice, preventing them from adjusting prices upwards. This change, initiated on May 18 alongside a new rate card policy, has left sellers unable to sell some items above their purchase prices. Faced with selling products at losses, many sellers have opted to remove listings or mark items as out of stock. Flipkart contends that despite price restrictions, sellers are receiving consistent average settlement values.

Jun 28, 2024 - 17:30
 0
Flipkart sellers allege price curbs
Several sellers on Flipkart have accused the platform of implementing price locks on their products without prior notice, preventing them from adjusting prices upwards. This change, initiated on May 18 alongside a new rate card policy, has left sellers unable to sell some items above their purchase prices. Faced with selling products at losses, many sellers have opted to remove listings or mark items as out of stock. Flipkart contends that despite price restrictions, sellers are receiving consistent average settlement values.

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