Shipping Policy
The lowest cost of doing business in the industry
With the most competitive rate card in the industry, transparent delivery charges based on the weight and dimensions of your products and a small fixed fee, selling on ToYBULK is highly cost-efficient.
TOYBULK'S MARKETPLACE FEE STRUCTURE
Commission fee
Percentage of Order item value ( depends on category & sub-category
Shipping fee
Calculated on the basis of product weight and shipping location
Collection fee
Payment gateway or cash collection charges for every sale
Fixed fee
A small fee that ToYBULK charges on all transactions
Settlement Amount
credited to your bank account within 7-10 business days of dispatch
=
Order Item Value
Selling price & Shipping charge paid by customer and excludes discount offered by Seller
−
Marketplace Fee
Includes shipping fee, fixed fee and selling commission
−
GST
18% of Marketplace Fee
SHIPPING FEES
To ensure ease of selling and the best possible customer experience, we mandate delivery to all customers via our logistics partners and deduct the shipping cost from the selling price before making a payment to you. Shipping fee is calculated on actual weight or volumetric weight, whichever is higher. This is to account for items which are lightweight but occupy a lot of shipping space.
Volumetric Weight (kg) = Length (cm) X Breadth (cm) X Height (cm)/5000
|
Note:
1. Shipping rate for forward shipments is applicable for Local only.
2. There is 20% and 10% discount on the forward shipping fee for National respectively.
3. Mentioned rates are exclusive of all taxes.
· Local (Intracity): Item shipped within a city.
· Zonal (Intrazone): Item shipped within the borders of a zone (North, South, East, West).
· National (Interzone): Item shipped across zones.
COLLECTION FEES
A small payment collection fee is charged to you for all prepaid and postpaid orders that you receive. The Collection fee will vary depending on the payment type chosen by the customer (Prepaid/Postpaid) . For a prepaid order - Based on Payment gateway, For a postpaid order - Based on cash collection charges. The collection fee will be calculated on the final selling price of a product. The final selling price is a sum of the amount paid by the Customer including shipping charges, if any (Price of product + Shipping charges). This will remain the same for all sellers irrespective of the category and tier.
Selling Price | Prepaid | Postpaid |
0-750 | 2% | ₹15 |
>750 | 2% | 2% |
Order Item Value | Rate |
0-300 | ₹13 |
300-500 | ₹11 |
500-1000 | ₹24 |
>1000 | ₹47 |
FIXED FEES
Fixed Fee is a small amount charged for every successful sale transaction. A successful sale transaction is an order which has been successfully delivered to the customer. In case of any customer return, this fee is charged. However, no fee is charged in case of a courier return. Also, this fee varies based on the order item value irrespective of the category and seller tier.
FULFILMENT TYPES
Seller Fulfilment
Under seller fulfillment, you are responsible for processing and managing your orders and inventory. Once you have packed your orders and marked RTD, an Shipping agent will collect this package and deliver it to the respective customer
Smart Fulfillments
Smart Fulfillment is a program wherein you get help from ToYBULK for systematically arranging your warehouse, easily maintaining your inventory and getting it smoothly delivered to your customer via a ToYBULK logistics partner. All you have to do is comply with the smart construct norms to reap the benefits. This construct helps you in boosting the sales, ROI and reducing the overall cost of doing business.
ToYBULK Fulfillments
At ToYBULK, we help you have maximum returns with minimum investment. That’s why the ToYBULK Fulfillments service offers you the use of our state-of-the-art fulfillment centers
