Flipkart Launches New App Shopsy To Empower Local Entrepreneurs
- ByStartupStory | July 1, 2021
India’s one of the leading e-commerce platforms, Flipkart has announced the launch of Shopsy, an app that will allow Indians to start their online businesses without any investment. According to a statement by Flipkart, users can simply register on the Shopsy app using their phone numbers, and set up their business online without the hassle of investment, inventory, or logistics management. Users can share catalogs with potential customers via popular social media and messaging apps, place orders on their behalf, and earn commissions on the transactions. The commission percentage will vary depending on the category of products being ordered. Flipkart said Shopsy aims to provide new users to digital commerce consumers access to products by simplifying the process through interactions with a trusted person. Flipkart aims to enable over 25 million online entrepreneurs through Shopsy by 2023.
Furthermore, Flipkart also stated that users of Shopsy will be able to share catalogs of 15 crore products on its platform ranging across fashion, beauty, mobiles, electronics, and home, among others with potential customers. According to Flipkart, many online users in India do not transact online due to two key challenges – trust and simplicity. The objective of Shopsy will be to enhance the trust of e-commerce transactions through communities and third-party channels where these users spend time and build trust.
On the launch of new app Shopsy, Prakash Sikaria, Senior Vice President – Growth and Monetization, Flipkart, said, “Over the last many years, Flipkart has been committed to contributing towards creating direct and indirect employment opportunities across the country. Shopsy is launched to further that vision and provide additional earning opportunities for millions of enterprising Indians. Now, anyone from anywhere can start their online business with zero investment.”
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