Amazon is eyeing old goods and the space of reselling those products as it works on expanding its ecommerce business in India.
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Amazon has launched its “Sell as Individual” service in India, allowing users to sell their used goods. The pilot program is currently operational in Bangalore.
Though still in the early phase, the move should worry Ebay, Quikr and Olx, some popular platforms in the space that allow individuals to sell their used products.
On its website, Amazon explains that people in Bangalore can list the products they want to sell and the company would handle the packaging and delivery of the product.
The products will be listed on the website, and when someone places an order for it, a representative from Amazon India would visit the seller and collect the product from their doorstep at their preferred time.
Image: screengrab / amazon india
Amazon says it will charge the sellers Rs 10 (15 cents) for every item they sell below Rs 1,000 ($15), Rs 50 (75 cents) for every item, sold between 1,000 to Rs 5,000 ($75), and Rs 100 ($1.5) if the item sold costs more than Rs 5,000.
Amazon has been experimenting in the space of old goods for quite some time. In June 2015, its Junglee website had launched a pilot service to allow users to sell their old products. Amazon launched Junglee in 2012 with an aim to help customers find and discover products from online and offline shops.
For Amazon, having individuals sell their old products could be a big market opportunity, and yet another way to differentiate from Flipkart, its arch rival in the country.