What is ONDC?
The Indian government’s innovative and groundbreaking initiative, the Open Network for Digital Commerce (ONDC), aims to revolutionize the e-commerce industry in India by transforming the traditional customer-vendor relationship. By providing online selling opportunities to small-scale Indian merchants through the ONDC platform, millions of buyers and sellers will be able to converge on a single platform. The ONDC initiative will empower Indian sellers to access untapped markets and establish their unique brand presence nationwide.
How do I register on ONDC?
In order to join the ONDC network, Indian sellers must begin by identifying a robust, feature-packed ONDC seller app such as Mystore and completing the registration process on the platform. Mystore’s seller app provides a user-friendly ONDC India website login for its sellers. With the aid of Mystore’s intuitive and straightforward admin dashboard, even inexperienced sellers can effortlessly register and begin selling on the ONDC platform.
What is the process for selling on the ONDC platform?
To begin selling on the ONDC platform, you can use a reliable ONDC seller app such as Mystore. The Mystore app is tailored to cater to businesses across diverse industries. The following 5 easy steps need to be followed by sellers to start selling on ONDC:
1. Create an account
2. List your products
3. Receive orders
4. Select a low-cost shipping partner
5. Receive payments
By following these 5 straightforward steps, any seller can effortlessly sell on ONDC and expand their business to unprecedented heights.
What sets ONDC apart from platforms like Amazon and Flipkart?
The ONDC platform distinguishes itself from behemoth marketplaces like Amazon and Flipkart in a number of ways. Let’s take a brief look at some of them:
1. Facilitates reaching a broad customer base without additional effort required to go online.
2. Provides easy access to the best service and technology solutions providers.
3. Charges only a fraction of the commission to sell online as compared to giant marketplaces.
4. Creates a discrimination-free environment for conducting business.
5. Allows the portable reputation you build on the ONDC platform to be carried forward as you transition from one seller app to another.
6. Provides equal treatment without preferential treatment based on paid ads.
ONDC has truly transformed the game for all sellers who once believed that selling on monopolistic giant marketplaces was the only path to enter the Indian e-commerce market.
Through ONDC, how will my products be made available to customers across India?
Are you curious about how your products can reach a vast customer base through ONDC?
When Indian merchants sell on the open network, they gain access to diverse user segments and can expand their customer base across India. After listing your products on the Mystore seller app, potential buyers using any ONDC buyer app such as Mystore can easily discover your products and make purchases automatically.
What are the options available for receiving payment for products sold on ONDC?
There are various payment gateway options available for accepting payments for the products sold on ONDC.
The Mystore seller app connected with ONDC enables merchants to effortlessly integrate multiple ONDC-approved payment gateways into their business. Sellers can provide their customers with frictionless checkouts through various digital payment solutions, cash on delivery, net banking, and more. Customers can easily pay using any of these methods through the ONDC buyer app.
Is there a logistics solution provided by ONDC?
Certainly, ONDC provides logistics solutions to its registered sellers.
Merchants who register on ONDC can choose from various ONDC-approved logistics providers and complete their supply chain at a low cost. Unlike other monopolistic marketplaces, these sellers have the freedom to decide their own terms of service, delivery time, delivery partners, and more.
What is the payment process for products sold on ONDC?
When you register on the ONDC-connected Mystore seller app, you choose a bank account to receive payments in, right? You will get the payments for your orders into your chosen bank account. The process of settlement is done manually every Friday on the basis of the final delivery date.
Here is how the payment cycle works:
a. Payment cycle for non-returnable items = Nearest Friday after (Delivery date + 2 days)
For example, if the delivery date is May 20th, then the payment will be done on the first Friday after May 22nd.
b. Payment cycle for returnable items = Nearest Friday after (Delivery date + returnable time period+ 2 days)
For example, if the delivery date is May 20th and the return period is 7 days, then the payment will be done on the first Friday after May 29th.
Conclusion
In conclusion, ONDC offers Indian sellers an open network to sell their products and reach millions of customers across the country. With a robust seller app like Mystore, sellers can easily list their products, accept payments, and manage their logistics. ONDC’s commission rates are lower compared to other marketplaces, and it provides a discrimination-free environment for businesses to grow. Moreover, ONDC allows sellers to maintain their portable reputation as they move from one seller app to another. With its various advantages, ONDC has become a game-changer in the Indian ecommerce market and has created new opportunities for sellers to scale their businesses to new heights.
