Change in Margin Structure

Dear Partner,

Greetings from Snapdeal!

Please note that this revision is distributed by electronic means.

This is to inform you that Snapdeal is modifying the Commercial Term Segment as per Clause 5.2 of the Seller Agreement (hereinafter “Revised Commercial Term Segment”), effective 06th July 2020. We are simplifying the margin structure under Revised Commercial Term Segment for ease of doing business. Key changes that are being incorporated are as follows:

a) Gross Margin is inclusive of all the costs i.e. marketing fee, logistics charges, closing fees and RTO charges.
b) A minimum fee is introduced which will be based on Selling price of the product and SD would charge either margin fee or minimum fee whichever is higher.
The Revised Commercial Term Segment is specified in Annexure A attached hereto.

The new Margin structure will benefit you in –
- Easier reconciliation as all the cost heads come under one single head
- No additional impact on you pertaining to increase in RTOs henceforth

This Modification forms an integral part of the Seller Agreement entered into by you and Snapdeal. Continuing to work with us will be considered as deemed acceptance of the same.

Click Here, to view the revised annexure.

Read in हिन्दी

Happy Selling & Stay safe!!