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Singh said Tata Sons, Amazon, Flipkart, Reliance Retail, Zepto, Blinkit, Google, Meta, Swiggy, Zomato and Meesho were a part of the discussions and were looking to self-regulate over fake reviews.
Tech giants that play in India's e-commerce sphere are overrun with fake reviews. Today, the Indian government has released a framework to curb fake and misleading reviews on e-commerce platforms and portals offering tour and travel services, restaurants, eateries and consumer durables. The plan is first to start with voluntary moderation, and then progress to mandatory requirements if the growth of fake reviews continues. This comes over a year after New Delhi proposed tougher e-commerce rules to restrict false reviews and overall address "widespread cheating" complaints.
This is one of the most frustrating factors of being an Amazon seller, and it could put the brakes on your winning sales streak. After all, if you can't order from your suppliers, you can't fulfill orders and your sales figures are going to take a massive dive. How does being an FBA seller feel now? We know. We've been there. Not good. By the time you do get paid and are in a better position, that window of opportunity could have closed. Bad enough on a normal day, but catastrophic during peak times like Christmas and Black Friday.
There's just one small problem that could bring it all to a total standstill. Amazon won't pay you the money you're making right now for another two weeks. Even worse, your supplier doesn't give credit and it could take an extra 3-5 days for the cleared funds to hit your account. You need to place an inventory order ASAP or you'll run out and your metrics will start to suffer. With lead time, shipping time and time to wait for the money to clear, the small problem turns into a huge disaster.
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