Did you know that the expected valuation of the ecommerce fashion industry is $ 1.2 trillion by 2025?
Surprising right?
Well, while the fashion industry is blooming, let us capitalize on this emerging opportunity and sell on ONDC network to quickly enter the Indian ecommerce market.
Are you wondering what ONDC network is and how you can start selling fashion on the ONDC network seller app?
Let us answer all the questions that are popping into your head and use open network to our greatest advantage.
Table of Contents
- Detailed FAQ on how to sell fashion on ONDC network
- 1. What is the purpose of ONDC network?
- 2. Is it too difficult to register on ONDC network?
- 3. What procedure should I follow to start selling fashion products on ONDC network?
- 4. Is ONDC network the same as Flipkart, Amazon, Myntra etc?
- 5. Will my products get automatically discovered by fashion buyers on ONDC network?
- 6. How can customers pay for fashion products sold by my business on ONDC network?
- 7. How can I get help from ONDC network in delivering my products to my customers?
- 8. In how much time can I expect the payment of my fashion products sold on ONDC network?
- Conclusion
Detailed FAQ on how to sell fashion on ONDC network
1. What is the purpose of ONDC network?
The ONDC network is a government-backed novel initiative launched with the purpose of democratizing the ecommerce industry in India. By facilitating ease of selling online via the open network, it is set to eliminate the monopolistic practices of giant marketplaces. Small and medium fashion sellers from across the country can sell via the ONDC network seller app seamlessly and widen their online customer base with minimum effort.
2. Is it too difficult to register on ONDC network?
Not at all. Registering on ONDC network is a piece of cake. All the sellers need to do is identify a robust seller app with advanced features and tools that helps them tap the otherwise unexplored fashion markets. The ONDC network-connected Mystore seller app comes with an easy-to-use admin interface making it easy even for novice users to register quickly and seamlessly.
3. What procedure should I follow to start selling fashion products on ONDC network?
To start selling on ONDC network, the sellers need to first register on a feature-rich seller app like Mystore. With Mystore sellers can quickly start selling on the open network in a few simple steps:
- Create your seller account on the Mystore seller app with your GSTIN and bank details
- Upload your fashion products on the platform
- Start receiving orders
- Partner with shipping and logistics for nationwide deliveries
- Get payments in your chosen bank account
And with these 5 simple steps, sellers can seamlessly sell on ONDC network.
4. Is ONDC network the same as Flipkart, Amazon, Myntra etc?
The plain answer is no. ONDC network is different from traditional marketplaces like Amazon, Flipkart, Myntra etc in various different ways. Let us look at them briefly:
- ONDC network doesn’t adopt a platform-centric approach as taken up by popular brands
- ONDC network provides varied logistics and shipping options to the sellers
- ONDC network isn’t privately owned meaning no contractual lock-ins, preferential algorithms, and minimal transparency
- Seller review on the ONDC network are transferable throughout the network
- Selling on the ONDC network via any ONDC network seller app is cost-friendly
5. Will my products get automatically discovered by fashion buyers on ONDC network?
Yes, as you register on the ONDC network, your products will get automatically discovered by buyers throughout the buyer apps registered on the network. Any potential fashion buyer looking for similar products on any ONDC network buyer apps, might come across your product and make a purchase.
6. How can customers pay for fashion products sold by my business on ONDC network?
Customers can pay for products sold by your business on ONDC network through the payment methods chosen by you. Yes, open network enables its sellers to integrate multiple ONDC network-approved payment methods in their business providing ease of buying to their fashion customers.
7. How can I get help from ONDC network in delivering my products to my customers?
80% of the shoppers want same-day delivery and 61% want their packages faster. ONDC network helps businesses grow their business by being prompt to their customers' needs. With seamless integrations with ONDC network-approved delivery partners on the Mystore seller app, fashion sellers can provide quick delivery options to their customers.
8. In how much time can I expect the payment of my fashion products sold on ONDC network?
The payment cycle of products sold on the ONDC network-connected Mystore seller app can be bifurcated into two-time frames:
a. For non-returnable orders, the process of payment settlement happens on the basis of delivery + 2 days
For example, if the delivery date is 26th January, your payment will be done on the first Friday after 28th January
b. For returnable orders, the process of payment settlement happens on the basis of delivery + returnable time period + 2 days
For example, if the delivery date is 26th January, and the item is eligible for return for the next 7 days, your payment will be done on the first Friday after 2nd February
Conclusion
There’s plenty of online fashion sellers out there in the Indian ecommerce industry. But to carve their own niche in the industry, business owners need to stay on top of their customer’s minds. When these sellers sell on ONDC network, they can quickly reach a wide customer base and accelerate their business growth.
With an advanced ONDC network seller app like Mystore, sellers can make informed and calculated decisions to kickstart their online journey. So are you ready to sell fashion online with ONDC network? Register on the Mystore seller app now.
Bhupen Naik
8/27/2024, 09:08 AMGreat guide for selling fashion on the ONDC Network. It offers clear steps for registration, product listing, and logistics, making it ideal for fashion entrepreneurs looking to expand online.