How to register on ONDC?
The Open Network for Digital Commerce (ONDC) is an initiative designed to promote open networks developed on open-sourced methodology, using open specifications and open network protocols, independent of any specific platform. ONDC is envisioned to break the current monopolistic nature of the digital commerce platforms, where a few large players dominate the market. This network aims to enable small and medium-sized businesses to compete on fair terms with the giants of the e-commerce world. Starting as an e-commerce seller on the Open Network for Digital Commerce (ONDC) involves a series of steps. Here’s a general guide on how you can register as an e-commerce seller on ONDC
1. Understand ONDC
Before you begin, it’s essential to understand what ONDC is and how it operates. ONDC is not a platform; it’s a network that enables buyers and sellers to connect and transact with each other without being on the same platform. It aims to make e-commerce more inclusive and accessible.
2. Check Eligibility and Requirements
Ensure you meet the eligibility criteria and understand the requirements for becoming a seller on the ONDC network. Some of them include having a registered business, PAN Card, GSTIN, bank account, etc.
3. Register Your Business
You need to register your business with ONDC by signing up through their official portal or through a partner platform that is already integrated with ONDC. This process may involve submitting business details, bank account information, GSTIN, and other relevant documents for verification.
4. Choose a Partner Platform
Since ONDC operates through a network of partner platforms, you will have to select one or more platforms (e.g., e-commerce marketplaces, service providers) that are integrated with ONDC. These platforms will act as intermediaries facilitating your transactions on the ONDC network. PointNXT OMS offers easy integration with ONDC.
5. Integrate Your Business Operations
Depending on the partner platform(s) you choose, you’ll need to integrate your business operations. This can include catalog management, order management, inventory updates, pricing, and logistics. Ensure your systems are compatible with the ONDC protocols for seamless integration.
6. Understand the Pricing and Commission Structure
Familiarize yourself with the commission and fee structure of the partner platform(s) and ONDC. This will help you price your products or services competitively while maintaining profitability.
7. Prepare Your Catalog
Prepare your product or service catalog according to the ONDC guidelines. This typically involves creating detailed product descriptions, high-quality images, pricing, and stock availability. Your catalog will be a crucial factor in attracting customers on the ONDC network.
8. Go Live and Start Selling
Once your business is registered, and your catalog is ready, you can go live and start selling on the ONDC network. Ensure you have operational logistics and customer service in place to handle orders and queries.
9. Monitor Performance and Optimize
After going live, it’s important to monitor your business performance on the network. Utilize analytics and feedback to optimize your offerings, improve customer service, and adjust your pricing strategy as needed.
10. Stay Updated and Compliant
Keep yourself updated with the latest ONDC policies, guidelines, and technological updates. Ensure your business remains compliant with the network’s rules and regulations to avoid any disruptions.
Starting on ONDC as an e-commerce seller offers a unique opportunity to reach a broader audience without being tied to a single platform. By following these steps and staying committed to providing quality products and services, you can successfully grow your business on this innovative network. Keep in mind that ONDC is evolving, and staying informed about its developments will be key to your success.