Synopsis - Myntra simplifies the online shopping process, ensuring that sellers are satisfied with their onboarding and platform integration support. In this article, we will focus on explaining the processes behind Myntra Login and Seller Registration.
Myntra is a leading e-commerce platform in India, offering a wide range of fashion and lifestyle products. Headquartered in Bangalore, Karnataka, the company was founded by Mukesh Bansal, Ashutosh Lawania, and Vineet Saxena. Initially, Myntra focused on personalized gifts and followed a B2B model. However, it has since expanded to offer over 8,000 categories of products and is rapidly growing in sales and revenue.
Myntra’s vision is to provide customers worldwide with a comfortable and hassle-free shopping experience. The platform offers diverse products, including shoes, watches, clothing, housewares, footwear, backpacks, jewellery, personal care products, accessories, and more. With a focus on customer satisfaction, Myntra facilitates easy and convenient online shopping. For businesses looking to sell on platforms like Myntra and manage their GST obligations effectively, exploring GST apply online services can streamline the process and ensure compliance with GST regulations.
In this article, we will explore Myntra Login and Seller Registration, two important aspects of the platform.
Why Sell on Myntra?
- Widespread Popularity
Selling on Myntra offers various benefits due to the platform’s widespread popularity and user-friendly interface, which attracts significant traffic growth annually. The platform provides well-established customer supply chain management and cataloguing support, allowing Myntra login and sellers to focus on their brand while running their store on Myntra’s online marketplace.
- Dedicated Account Managers
Myntra’s dedicated account managers offer Myntra login and seller the latest market trends and creatives for their brands, along with in-depth analytics, social media engagement tips and promotional ideas to help them understand and meet their customers’ needs.
- Loyal Customer Base
With its diverse range of fashion, personal care, and electronic products, Myntra has gained a large and loyal customer base. Though consumers have a wide array of options for branded products, Myntra serves as a one-stop online shopping destination as it makes the shopping process easier and more convenient.
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How Does Myntra Seller Registration Work?
Myntra, a prominent e-commerce platform, offers a streamlined process for sellers looking to register and showcase their products to a vast customer base. The platform ensures a seamless onboarding experience guided by its onboard specialists, assisting sellers in making their brands live promptly.
Upon successful registration, sellers gain access to Myntra’s application, where they can effortlessly update their stock and initiate the order-receiving process. Myntra takes charge of product delivery to end-users, simplifying the logistics for sellers. With a focus on regular capital and settlements, Myntra provides a conducive environment for sellers to experience rapid growth on the platform.
Myntra supports sellers not only in the operational aspects but also in promoting their brands and items. Through features like Myntra Live, product list ads, search banners, and display ads, sellers can enhance the visibility of their products and reach a wider audience.
Legal Documents Required to Become a Myntra Seller
There are certain documents required once the business or a seller gets registered his/her company they must arrange-
- A current account with the bank’s name and branch along with the name of the account holder;
- The applicant’s business’s GST registration certificate and GSTIN number;
- PAN card information of the business;
- Account number and IFSC code.
Pre-requisites for Registering to Sell on Myntra
Before embarking on the Myntra seller registration journey, there are key prerequisites that applicants must fulfill. Notably, only businesses are eligible to sell on Myntra, and individuals are restricted from participation. Thus, it becomes imperative for applicants to ensure the legal registration of their business.
To initiate the process, applicants have four distinct legal entities to consider:
- Private Limited Company (LTD):** Characterized by its flexibility, an LTD can have as few as two shareholders or as many as 200. This legal structure provides a conducive environment for various business sizes.
- Limited Liability Companies (LLCs):** Offering advantages derived from different forms of business organizations such as corporations, partnerships, and sole proprietorships, LLCs stand out for their flexibility. They effectively separate personal and business liability, and the tax obligations of each owner are distributed accordingly.
- Sole Proprietorship:** Opting for a sole proprietorship is the simplest way to register a business in India. Managed by a single person, it is an ideal choice for those seeking complete control over their company.
- Partnership Firm:** For businesses looking to involve partners, establishing a partnership firm is a straightforward process. A partnership deed, outlining the responsibilities, obligations, and profit distribution among partners, is the only requirement.
Once the business is legally registered under any of these entities, the next crucial step is GST (Goods and Services Tax) registration. GST registration is mandatory for selling goods online on the Myntra platform. Without a valid GST registration, applicants cannot proceed with selling their products on Myntra.
Apply for Myntra Seller Registration on the Myntra Partner Portal: Step by Step Guide
Embarking on the journey to becoming a Myntra seller is a straightforward process with the following step-by-step guidelines:
Step 1: Visit the official Myntra Partner Portal at https://www.myntra.com/.
Step 2: On the homepage of the Myntra Partner Portal, locate the “Register now” option and click on it to initiate the registration process.
Step 3: The registration application form will be prominently displayed on the main screen for the seller.
Step 4: Fill in the required details for Myntra seller registration, including phone number, seller’s name, email address, nature of the business, name of the company, and other relevant information.
Step 5: Ensure the accuracy of the provided details and complete the registration process by filling in the captcha for verification.
The Takeaway
For those venturing into the Indian market, selling on Myntra is a strategic move, and Vakilsearch offers valuable information and guidance, especially for beauty brands and fashion businesses. By leveraging the opportunities provided by Myntra, sellers can establish a strong online presence and cater to the evolving needs of the Indian consumer base
