Flipkart charges a small amount as a commission fee for the sellers selling on their marketplace. It is calculated as a percentage of the Order Item Value, which includes the selling price and also the shipping charges. It excludes discounts offered by Sellers and any NDD/SDD charges. In case of refund orders, this fee is refunded by Flipkart to the Seller.
Commission rates vary by sub-category and, in some cases, by FSN. The commission is not charged in case of customer or courier returns. The same rate card applies to all tiers. The rate can range from 2.8 – to 25%.
An Example of the rate card:
Since products are sold on such a large scale on Flipkart and these products are in such variety. It becomes a very difficult task to calculate the commission fee and verify it with what Flipkart has charged. This is where the system designed by Cointab helps. The system makes this data verification look so easy. The system does this by making a rate card of its own linked to all the charges and percentages of how the commission fee is charged by Flipkart.
The system receives the order data and calculates the required data for each order. It then displays them side by side for easy readability. This makes it easy for comparison.
In the above image, we can see how the data for each order will be displayed.