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  • [ Getting Started ] Why should I sell on GotBolted?

    GotBolted is envisaged to be a revolution in online product and delivery business. It encompasses not one, not two, but more than 8 unique core functionalities and features that sets it as a apart in this crowded space. 

    GotBolted is an unlikely, but a true business partner and friend for you which will support you through every step of the way and help in you in achieving your business goals. But unlike a regular partner, GB gives you all the power you need without charging you a dime.


    GB is the first in many categories

    First to have a integrated product and service approach to sales

    There are three options to running your business on GotBolted. The first is, you can list yourself as a Seller. It is not necessary for you to be a dealer to register yourself as a seller. Whether you are a dealer, a distributor or a manufacturer, you are equally welcome. The site has been created to welcome the entire ecosystem of small and large business enterprises in the form of dealers, distributors and manufacturers to buy and sell goods through a single window.  Having the manufacturer, distributor and dealer on the same platform helps in multi-various ways. If you are a dealer, you will automatically be directed to a distributor


    I will highlight the core benefits to you as a seller or service provider.
    1] Inventory management is 100%, systematic & efficient, even taking care of warranty and service issues post sales. Customers can quickly request for service or AMC at defined charges. To know more on Inventory Management click here

    2] If you are a dealer you can easily restock. We have created a quick and efficient way to restock by clicking here. The "Quick Purchase" link will only appear on your home page on the header area, if you are a dealer or a distributor, not otherwise. So would be required to login for it to appear, else it will remain hidden on the home screen. Since all product flow is established, stock keeping is minimal & just-in-time. To know more on Quick Purchaser click here

    3] We have also incorporated an efficient MIS (Management Information System). The software will guide you through to the exact inventory that needs to be kept in stock. It also analyses global sales data to suggest to you what is the intended sales that you can expect, what is the expected profitability, considers sales vs profitability to give you a ideal stocking ratio. All you need to do is just follow to tool to boost sales and increase profitability. Detailed performance reports are an in-built functionality. To do this post registration, login to you seller panel. You will find the MIS reporting section at the bottom of the page. To know more about features of the MIS reporting system click here

    4] No MOQ required. To highlight value of having no Minimum Order Quantity when stocking, take the example of a dealer of LED TVs. The dealer knows that Brand A gives him a better profit, but the distributor of the brand requires the dealer to purchase an MOQ of x quantity. The dealer knows that he would be hard-pressed to sell that quantity, but the distributor is unwilling to give the dealer the margin that the dealer expects unless he buys the quantity specified by the distributor. Now, that is no longer the case. The dealer can buy just one qty of the Brand A while enjoying the margins of the larger purchase. To top it, there is no question of false promises by the dealer of higher sales in the near future, no negotiations - just clear, quick business. 

    5] Product diversity is available with a couple of clicks. Do you want to now expand your business, venture in to new category sales but are not sure how to go about? Fret not, GBs intelligent platform will suggest to you recommended brands or categories similar to what you are already selling to organically grow your business. All you need to do is just follow the suggestions made by the platform and do as it says and you are all set. You are assured to have higher business volumes, bigger turnovers, larger profits. Oh the best of all, all news brands or categories come with the best discount (volume) pricing that you are enjoying for your current dealership brands. To do this post registration, login to you seller panel. Click on product catalog -> Add from existing catalog -> enter quantity & serial numbers -> Your DONE.

    6] Automatic invoicing and taxation eliminates the need for expensive accounting solutions including tally or the like and accountants. All this means lower operational costs and increased take home profits for you. Moreover, our MIS system also takes into consideration your expenses, target profitability that you expect and calculates and suggests to you sales volumes that will give you the result you expect. You can also expect detailed financial reporting highlighting all the not-so-subtle and subtler aspects of your business undertaking. To do this post registration, login to you seller panel. Click on Order Management.

    7] Payment collection and disbursal is easy, timely and assured. All you need to be is a serious player, who is committed to do ethical business and then - nothing should stop you. GotBolted is in the path of establishing a long-lasting trust and relationship between consumers and sellers/service providers. We encourage a 100% truthful and honest business practices. As long as you adhere to these standards, nothing should stop you from growing your business to greater heights. When your sale is complete, rest assured your payment is equally certain - in full and within the stipulated timeline as promised. We take quality of service, professionalism, seriousness and timely delivery with utmost importance and will encourage you to come on-board matching the mindset we have in order to do good business together. Settlements happen systematically on the specific time lines for all sales. To view the next settlement date, login to you seller panel. Click on product catalog -> Add from existing catalog -> enter quantity & serial numbers -> Your DONE.

    8] Nearest-Point-of-Sale engine enables you to deliver goods to customers who are nearest to you. To think about it, flip it the other way around, customers see sellers starting from sellers with the required quantity and located closest to where they are.  The NPOS engine is very powerful in helping you avoid packaging costs, shipping costs and enables quick deliveries. What this means is that since deliveries theoretically can happen the same day, customers are more inclined to make the purchase, payment collection happens along with order booking, or immediately upon delivery in case of COD. To understand the power of tool visit here

    9] Preferred Seller can be added from your frequent sellers thus enabling a circle of trust between you and your counterpart. Nevertheless, consider the situation where you have a quick delivery to make and your preferred seller has run out of stock? No issues, you can select another seller closest to you who can deliver the required quantity within the expected timeline. Know more here

    10] Vertical Integration will ensure that if you are a dealer you will be able to only see distributors of the product. Likewise, if you are a distributor of the brand, you will only be able to see the manufacturer as a seller. A distributor who is not registered as a distributor of the brand will appear as a dealer of a product brand for which he is not a distributor. To know more about vertical integration, click here

    Registration Process

    During the registration process, the link to register is available on the top left of this window, or click here. You will be required to enter the type of seller you are. If you are distributor, select the Brand for which you are a dealer. If you are registered as a Manufacturer, your account is restricted to only sales to distributors.

    Hope you like whats created for you. Write to me at rk@gotbolted.com

    Will see you again,

    -Karthik Raman


  • [ Getting Started ] Who can sell on GotBolted?

    Anyone selling new and genuine products is welcome. In order to start selling, you need to have the following:

    1] PAN Card (Personal PAN for business type “Proprietorship” and Personal + Business PAN for business type as “Company”)
    2] VAT/TIN Number (not mandatory for books)
    3] Bank account and supporting KYC documents (Address Proof, and Cancelled cheque)
    4] Minimum of 10 unique products to sell

    If you are a distributor, you would also need to submit your brand authorization letter for the brands you are authorized to sell as a distributor.
    To know whats on offer for a seller, click here
    So what are you waiting for, register now. Register by clicking here. 


  • [ Getting Started ] How to sell on GotBolted?

    Selling on GotBolted is simple, easy & quick

    Add to Catalog

    1] Register yourself at www.gotbolted.com or by clicking here and activate your account.
    2] When you register as a dealer or distributor, a customer account is automatically created for you with the same login credentials that you registered with for your seller account.
    3] Login to your seller account
    4] Visit Catalog Menu on the left.
    5] Click on Add New Product. 
    6] Select Brand on the left column and enter a variable into the text box Search Product Based On Brand Selection
    7] If Search Product Based On Brand Selection is left empty then it will show you all products under that Brand
    8] Choose the products that you want to sell, enter the quantity and serial numbers and finish.

    Order Management
    1] To see new orders visit Order Management -> New Orders
    2] Once an order is received, pack the product and mark it as ‘Ready to Dispatch’ and deliver it to the customer within the promised SLA or Service Level Agreement timelines.
    3] Post delivery get the Unique Delivery Confirmation code sent to the customers mobile phone and enter it in the Order Management
    4] Once an order is successfully dispatched, GotBolted will settle your payment within 7-14 business days.  
    5] Customer will automatically get a copy of the invoice by mail.

    To know about what features are available for you as a seller visit here


  • [ Getting Started ] Can I offer both products and services?

    Yes, of course, ours is the only platform which allows you not only to sell products but also offer related or other services. And all this through a single login window.

    When you receive a new order, you will be intimated by mail. You can also process order in the Order Management -> New Order

    Same is the case when you receive a Service Request. You will receive an email notification and / or can also view your on-going service requests on your Seller panel here. 

    For services, you can interact with the customer through a vibrant chat medium, where you can ask the customer to furnish you further details before you send him an estimate. When you are ready with your quote, you can enter the labour charges in terms of hours to complete and BOQ for materials to the used to give him a cumulative costing figure.


  • [ Listing and Catalog ] Will I get charged for listing products on GotBolted?

    No. Listing of products on GotBolted.com is absolutely free. GotBolted does not charge anything for listing your catalogue online. You only pay a small commission for what you sell.


  • [ Pricing and Payments ] How and when will I get paid?

    The payment will be made directly to your bank account through NEFT transactions on the 14th and 28th of every month 7 days after product receipt by the customer. The actual payment period will vary depending on how long you have been selling at GotBolted, your customer ratings and number of orders fulfilled.


  • [ Pricing and Payments ] Pricing

    GotBolted takes the sole responsibility of setting the price online based on the competitive pricing, best value for customers, marketing and promotion considerations and other factors which will be solely GotBolteds responsibility. As a Seller you will not have any role to play in price determination.


    Pricing consists of two parts, 

    1] The Market price which is the price the customer pays to buy the product and 

    2] The Settlement Price which is the amount dispatched to you upon successful completion of the sale.

    Our system is intertwined into a robust lifelong cashback loop. Under this cashback system, whether it is the End-customer (B2C) or B2B customer ( dealer / distributor ) will have to pay the market price upfront. The lower rate will comeback to him or her as cashback.

    As cashback accumulates, the B2C or B2B customer can use his cashback amount for further purchases or can immediately have it credited to his attached bank account on his Wallet Page. The bank details need to be filled only once. See the screenshot of the image below. The cashback happens in two modes, Purchaser Cashback and Referral Cashback. To know more about how the cashback system work, visit our cashback blog here ( Purchaser Cashback ) and here ( Referral Cashback ).


    Settlement Price

    The settlement price is established by the manufacturer of the product. The manufacturer decides what is the settlement price that is needed to be paid to a dealer when he sells his product to the retailer ( in this case GotBolted ), what is the settlement price that is needed to be paid to the distributor when he sells a product to the dealer and what is the settlement price that the manufacturer expects when he sells the product to the distributor.


    Having said that all categories of customers ( end-customer or bulk-customer ) pay the same market price during purchase. This may sound counter-intuitive, but the margin amount over and above the settlement prices receivable by GotBolted is in turn given back to the buyer as Purchaser Cashback. 

    Infact, if the bulk-customers level is Diamond 2, then he receives more than 90% of the margin as cashback. What this means is that he is essentially buying at the distributor price. Refer to the Purchase Cashback link here to understand more.


    You can request for cashback payout at anytime by click on the REQUEST PAY CASHBACK link on the My Wallets page. The bank details need to be entered only once and is stored. Settlement happens through instant transfer the next working day.



    Incase you wish to keep the amount with us, you will earn a very lucrative interest of 10% p.a. with effective interest calculation happening on a daily basis. Visit this blog post to know more.


  • [ Know More ] Inventory Management

    1. Inventory management is 100%, systematic & efficient, even taking care of warranty and service issues post sales. Customers can quickly request for service or AMC at defined charges.


  • [ Know More ] Quick Purchaser

    1. If you are a dealer you can easily restock. We have created a quick and efficient way to restock by clicking here. The "Quick Purchase" link will only appear on your home page on the header area, if you are a dealer or a distributor, not otherwise. So would be required to login for it to appear, else it will remain hidden on the home screen. Since all product flow is established, stock keeping is minimal & just-in-time.

    2. No MOQ required. To highlight value of having no Minimum Order Quantity when stocking, take the example of a dealer of LED TVs. The dealer knows that Brand A gives him a better profit, but the distributor of the brand requires the dealer to purchase an MOQ of x quantity. The dealer knows that he would be hard-pressed to sell that quantity, but the distributor is unwilling to give the dealer the margin that the dealer expects unless he buys the quantity specified by the distributor. Now, that is no longer the case. The dealer can buy just one qty of the Brand A while enjoying the margins of the larger purchase. To top it, there is no question of false promises by the dealer of higher sales in the near future, no negotiations - just clear, quick business. 

    3. Product diversity is available with a couple of clicks. Do you want to now expand your business, venture in to new category sales but are not sure how to go about? Fret not, GBs intelligent platform will suggest to you recommended brands or categories similar to what you are already selling to organically grow your business. All you need to do is just follow the suggestions made by the platform and do as it says and you are all set. You are assured to have higher business volumes, bigger turnovers, larger profits. Oh the best of all, all news brands or categories come with the best discount (volume) pricing that you are enjoying for your current dealership brands. To do this post registration, login to you seller panel. Click on product catalog -> Add from existing catalog -> enter quantity & serial numbers -> Your DONE.


  • [ Know More ] Management Information System

    1. We have also incorporated an efficient MIS (Management Information System). The software will guide you through to the exact inventory that needs to be kept in stock. It also analyses global sales data to suggest to you what is the intended sales that you can expect, what is the expected profitability, considers sales vs profitability to give you a ideal stocking ratio. All you need to do is just follow to tool to boost sales and increase profitability. Detailed performance reports are an in-built functionality. To do this post registration, login to you seller panel. You will find the MIS reporting section at the bottom of the page.


  • [ Know More ] Nearest-Point-of-Sale

    1. Nearest-Point-of-Sale engine enables you to deliver goods to customers who are nearest to you. To think about it, flip it the other way around, customers see sellers starting from sellers with the required quantity and located closest to where they are.  The NPOS engine is very powerful in helping you avoid packaging costs, shipping costs and enables quick deliveries. What this means is that since deliveries theoretically can happen the same day, customers are more inclined to make the purchase, payment collection happens along with order booking, or immediately upon delivery in case of COD. 


  • [ Know More ] Vertically Integrated

    1. Vertical Integration will ensure that if you are a dealer you will be able to only see distributors of the product. Likewise, if you are a distributor of the brand, you will only be able to see the manufacturer as a seller. A distributor who is not registered as a distributor of the brand will appear as a dealer of a product brand for which he is not a distributor. 


  • [ Listing and Catalog ] When can I start selling?

    After all the required documents have been verified and your seller profile is complete, you can start listing your products and start selling. We urge you to upload all the required documents in full, with clearly visible images and text to avoid incumbent delays in processing your application and granting approval to sell.


  • [ Getting Started ] How to register as a Service Provider on GotBolted?

    To register as a Service Provider:

    1] Our Service Provider registration panel is the same as the Seller registration panel.

    2] Register yourself at www.gotbolted.com or by clicking here and activate your account.

    3] When you register as a dealer or distributor, a customer account is automatically created for you with the same login credentials that you registered with for your seller account.

    4] Select Yes on the Do you also Provide Services section ?

    5] Select the type of Services you provide and upload the relevant documents

    6] Be sure to mention your average charges per work Hours and your Inspection charges
    Lower charges will obviously draw customer attention to you. But that is not the only thing customers consider, they also consider the feedback received by you, the number of projects you have completed, the background of your operations etc. So be judicious in establishing your pricing policy but do not be too high or too low either. Work with numbers that you are comfortable with or risks you can safely take.

    7] You also need a Service Tax number to register as a Service Provider

    8] Services can be engaged by any of the two methods. The first method is that you will be listed on our service portal here. In this case the customer requiring the service will visit the section where you will be listed along with other service providers. The service providers will be listed based on the Nearest-Point engine. If the customer clicks on Ask for Service you will receive an intimation by email and it will also appear on your Seller panel under Service Tickets. You will be able to communicate with the customer, ascertain his exact needs and quote accordingly from your panel itself. The instructions, if you get lost, will be available to you on the Seller panel.

    9] The second method is wherein you can visit the classifieds section, where customers will be posting their requirement and you will be able to express your interest in servicing their request. 

    10] In this section you will need to buy Credits which will be deducted when you feel the customers requirements match something that you will like to take up.

    11] When a customer requests for a service by paying the site visit charges, you as a provider will be intimated. It is your responsibility to then assess the customers requirements - arrive at a Bill-of-Material ( BOM ) and the Labour charges involved - update your panel - wait for a payment confirmation from us from customer side - provide the service to the best of your ability.

    12] Once a service is successfully provided, GotBolted will settle your payment within a stipulated period.  

    13] Service Invoice details can be filled by you. When the customer closes the project with final payment receipt then the invoice will be sent to him automatically.

    To know about what features are available for you as a seller visit here


  • [ Order Management and Shipping ] Do I need to courier my products?

    Our NPOS or Nearest-Point-of-Sale engine, details of which can be found here, ensures that 99% of your orders can be hand-delivered.

    Incase you are unable to deliver the product to the customers location by hand or incase the customers location is beyond your delivery circle then you may courier it. Courier charges are to be borne by the Seller.

    Pls ensure adequate packaging to ensure that the products integrity is maintained as it reaches the customer. Pls also call the customer to confirm receipt and ensure that everything is upto his or her satisfaction. 


  • [ Listing and Catalog ] Who decides the prices of the products I sell online?

    GotBolted takes the sole responsibility of setting the price online based on the competitive pricing, best value for customers, marketing and promotion considerations and other factors which will be solely GotBolteds responsibility. As a Seller you will not have any role to play in price determination.


    Pricing consists of two parts, 

    1] The Market price which is the price the customer pays to buy the product and 

    2] The Settlement Price which is the amount dispatched to you upon successful completion of the sale.

    Our system is intertwined into a robust lifelong cashback loop. Under this cashback system, whether it is the End-customer (B2C) or B2B customer ( dealer / distributor ) will have to pay the market price upfront. The lower rate will comeback to him or her as cashback.

    As cashback accumulates, the B2C or B2B customer can use his cashback amount for further purchases or can immediately have it credited to his attached bank account on his Wallet Page. The bank details need to be filled only once. See the screenshot of the image below. The cashback happens in two modes, Purchaser Cashback and Referral Cashback. To know more about how the cashback system work, visit our cashback blog here ( Purchaser Cashback ) and here ( Referral Cashback ).





    Any user, whether a End-Customer or Bulk-Customer can send the link of the lowest price of the product available anywhere in the market and we will try to Price-Match it.







  • [ Pricing and Payments ] What are the fees charged?

    Once an order is successfully delivered, the following deductions are made from the order item value:

    • Commission fee: A percentage of the order item value vary based on vertical/sub-category 

    • Shipping fee (calculated on the basis of the product weight and shipping location)

    • Collection fee: 2.5% of [GotBolted Selling Price + Shipping Charge to Buyer] or Rs. 20, whichever is higher

    • Fixed fee: A slab wise Fixed fee. This vary based on Vertical and Order item value

    • Service tax (applicable on all of the above components)


  • [ Pricing and Payments ] What is fees for Seller & Service Provider?

    Product Sales

    We do not have a fixed model for the fees charged per sale. We work a lucid, vibrant and dynamic cashback model. While this model ensures that buyers get maximum benefit for more number of purchases, a fixed commission policy will not be applicable in this case. Not only that, we fix the price for all products that our sold on the platform. Which means all sellers of the products sell the product at the same price no matter what. 


    Refer to the Purchaser Cashback blog to understand the net commission or fees per sale to GotBolted here. We are also the only ones to offer 10% interest on the amount held in customer wallet.


    Services

    For services we charge a fixed 10% of the finalised project cost as operational & marketing fees. This fees is payable only when the project is finalised and execution phase is imminent. You will be able to connect with the customer only upon successful payment of the amount. If you want to reach out to customers who have put up classified ads, you will need to use purchase credits to do so.
    Purchase credits are used only in this model and nowhere else. You may use your cashback amount to purchase credits which can be encashed to contact customers.


  • [ Listings and Catalog ] What is listing?

    Listing a product refers to filling out all the necessary information and adding images of the product so that a customer can make an informed buying decision.


    Refer to this link to register if not already done so and start listing your products for sale.


  • [ Listing and Catalog ] How many products do I need to start selling?

    You are required to have a minimum of 10 listings to start selling on gotbolted.com


    Refer to this link to register if not already done so and start listing your products for sale.