Got old goods to sell? Amazon India will now happily take them off your hands and send them to their new owners, for a meager price.
The ecommerce giant recently announced a new pilot service in India called Sell as Individual that allows users to list used products on its website, with Amazon taking care of picking-up the items at their preferred time before packing and delivering them.
The company will charge sellers 10 rupees (15 cents) for each item sold below 1,000 rupees ($15), 50 rupees (75 cents) for items below 5,000 rupees ($75), and 100 rupees ($1.5) for items that cost more than 5,000 rupees. Suppose someone orders a used item online, Amazon promises to credit the seller for the transaction within 3 to 5 days.
The service is currently in its testing phase so it’s only available in Bangalore for the time being. Nonetheless, the announcement should keep similar services like Ebay and Olx on their heels, as Amazon India has grown into a powerhouse online retail platform at a sonic pace, and is now said to be second to Flipkart in terms of market share. Selling used merchandise also gives the company an upper hand against Flipkart, which only sells new items.
Sell as Individual is Amazon’s latest offering in India, where it continues to invest billions to woo the world’s fastest-growing economy. Late last year, Amazon launched its own Netflix competitor — Prime Video — in the country (and 200 other territories).