You can’t sit back at your home and watch others grow faster than your business. Owning a small business that doesn’t leverage the power of online shopping is a failure. There are multiple benefits to becoming a seller on Paytm. When you sell on Paytm, you benefit your business from the company’s vast and diverse customer base. The company provides you an easy to use tools for listing your products on their portal, manage inventory, and fulfill customer orders with great efficiency. Paytm even uses the most secured and protected payment systems that allows you manage your payments without being exposed to risks.
The value of Paytm name itself is unimaginable. Their brand name can benefit you thousand times more than your own marketing efforts. They offer you the best promotional opportunities for free, making sure your product become visible to thousands of customers. You become able to leverage the power of their brand name when it comes to gaining customer confidence.
Paytm allows you enjoy more than marketing benefits. The company also provides you a user-friendly dashboard that helps you make informed decisions while putting valuable insights on yout table. They also offer you logistical support that has a great efficiency records. Paytm, in addition, has several other benefits to offer you like their prompt customer support services and offcourse their dedicated focus on lveraging the growing smartphone commerce.
It looks Paytm might soon take over Amazon, Flipkart, Snapdeal, and many other ecommerce giants. Paytm connects thousands of small and medium businesses with millions of their customers. The company’s grip is becoming strong day by day over the India market. Paytm back in the year 2015 managed to infuse 640 billion to help Indian merchants gain online presence.
There are certain important requirements to becoming a Paytm seller, however, any entity that adheres to the compliance policies of the company would be facing no issues. Freelancers, small businesses owned by single owners or multiple owners are all invited by the platform. The structure of your business won’t have an impact on your relationship with the company. However, what matters for them is your product that should be genuine. The age of seller should not either be under 18 as minors are not allowed at all by the company.
Product should be genuine, and comply with the government laws. Anything that is prohibited to be put on sale on Paytm won’t be entertained at all. The company excercises strict practices to avoid sale of illegal products on their website. However, there is nothing wrong with products that may have quality issues but don’t go against legal standards. People buy products, some buy for quality and some buy for price. Price sensitive people find no issue using low quality products as what they all want is to save pennies unlike those who give much importance to quality over price.
Let’s walk you through the complete guide to help merchants in India become a successful seller on Paytm platform. These are the four simple steps to creating a seller account on Paytm portal. So, follow every single step with great care because the information you provide will remain boarded with the company permanently. Let’s get started…
1. Keep ready your documents
You shall keep all mandatory documents ready before you begin to register an account on any online platform including Paytm. A merchant or simply call him a seller is supposed to have the following documents available when they register for a seller account on the Paytm. Don’t play around with your fake documents rather produce your original ones.
- PAN number
- VAT / TIN Number
- A cancelled cheque
- An address proof document like as Adhar card, electricity, passport, and even a gas bill will work with an ease.
2. Register your account
Go to the official website of the company which reads paytm.com. Once you land on their website, click on their seller registration page. Make sure you enter the following details correctly once you see the blank white boxes. Your account will be setup the moment you finish providing the following information.
- Your personal name
- Your email address
- Mobile number
- Set an account password
3. Click the Signup button
Check your details that you provided for correction. If there is any correction, do it orelse leave untouched if everything reads the way your documents contain. Recheck the information twice and it won’t take you even a minute. Once you are done with it, hit your signup button and wait for the next course of steps.
4. Sign in to your mail
Open your mail box, and see a notification mail by Paytm. Subject of the mail will tell you the whole story. Click the verification link sent by Paytm in order to confirm your email address. This mail from the company is just all about verifying your email and proving the fact that you are the real owner of the provided email address.
5. Wait a while
Be patient and let things work properly for you. You will be notified by the company once your information is evaluated for the proposal. You will be showing some patience for the fact it takes some time and sometimes you may have to wait for days and even weeks to process your request. Followup with a reminder mail or a call to the company’s representative for prolonged delay. They shall come forward to help you out on the real time.
6. Upload your documents
Once you are given a complete access to your seller dashboard after approval, go ahead with uploading your documents. Validate them on the documentation catalog. Enter your selling price for each product that you wanted to sell on the Paytm. Be fair while composing your pricing strategy as a price that fits with the budget and interests of people will make sure you get more sales than your competitors.
Becoming an online seller is easy but it difficult to handle the customer demand. Customer value should be your priority and not the profits. It is because customers make your business not your profits. If you see more profits rushing into account, remember there is something good that customers love about your business.