πŸ“˜ Online-marketplace – Legal FAQs

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❓ What is an online marketplace?

An online marketplace is a digital platform where multiple sellers list and sell products to consumers, such as Amazon, Flipkart, or eBay.

❓ How is it different from an online store?

An online store is run by a single brand or seller, whereas a marketplace hosts many sellers under one roof.

❓ Do I need a license to sell on a marketplace?

Yes, you typically need a GST number, bank account, and business details to start selling legally.

❓ How do marketplaces charge sellers?

They usually charge a commission on every sale, along with fees for shipping, listing, or advertising.

❓ Can I list products without inventory?

Yes, some sellers use dropshipping or print-on-demand models to avoid holding inventory.

❓ Are there marketing tools provided?

Most platforms offer in-built advertising, discounting, and analytics tools to help boost sales.

❓ How are returns and refunds handled?

Returns and refunds are managed by the marketplace under their policies, but sellers may bear the cost.