Partnering terms & conditions
THIS AGREEMENT CONTAINS THE TERMS AND CONDITIONS THAT GOVERN YOUR ACCESS TO AND USE OF THE SERVICES THROUGH A PARTICULAR ACCOUNT OR ACCOUNTS AND IS AN AGREEMENT BETWEEN YOU OR THE BUSINESS YOU REPRESENT (“YOU“) AND GUDBID POWERED BY SHROMBIZ INNOVATIONS LLP. BY REGISTERING FOR OR USING THE SERVICES, YOU (ON BEHALF OF YOURSELF OR THE BUSINESS YOU REPRESENT) AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT, INCLUDING THE SERVICE TERMS AND PROGRAM POLICIES FOR EACH SERVICE YOU REGISTER FOR OR USE IN CONNECTION WITH THE GUDBID SITE.
As used in this Agreement, “we,” “us,” and “gudbid” means the Gudbid powered by Shrombiz innovations LLP named in the applicable Service Terms. Capitalized terms have the meanings listed in the definition below. If there is any conflict between these General Terms and the applicable Service Terms and Program Policies, the General Terms will govern and the applicable Service Terms will prevail over the Program Policies.
Gudbid’ policies and rules are the common guidelines that create a safe, trusted and fair trading environment for all Gudbid’ members. To promote a safe and trusted trading environment, Gudbid.com enforces these polices and rules. Every seller/trader/merchant/vendor is a vendor for gudbid.com powered by Shrombiz Innovations LLP. Gudbid is providing a direct selling platform to all our vendors. They can sell goods directly to Gudbid’s customers. Customers on the Gudbid website are customers of gudbid, not customers of gudbid’s partner / seller / vendor / merchant. The seller’s direct customer is Shrombiz Innovations LLP, which means that if any seller is receiving an order through gudbid.com, the seller will invoice Shrombiz Innovations LLP and Shrombiz will invoice gudbid’s customers.
User agreement -. This is the most important Gudbid.com policy and rule document. All members are responsible for reviewing and understanding Gudbid’ policies and the all applicable laws and regulations contained in this legal agreement.
Rules for Everyone -. General policies applies applying to all the Gudbid.com members including, Gudbid’ employees. This section includes rules that protect your privacy and your identity. Learn more about issues like the use of profanity, unsolicited email (spam) etc.
Prohibited and Restricted Items -. There are many items that are restricted to be sold online at Gudbid.com, including but not limited to such as liquor, adult content/material, banned items such as ivory etc. Find out in our comprehensive list of banned and restricted items.
Keyword Spamming Policy – This policy is designed to restrict merchants not to abuse brand names as keywords in product listings uploaded on the Gudbid.com to drive attention from the buyers.
Links Policy – This policy is designed to restrict merchants to inappropriately add links in its product listings or online storefront to move traffic away from Gudbid.
Merchants are not eligible to be a part of the Gudbid’ affiliate program. Any direct or indirect association with an affiliate will be a violation of policy and shall lead to permanent suspension of the merchant’s account.
Rules about Intellectual Property -. Gudbid.com has zero tolerance for any intellectual property violations. Please notify us in case any violation has occurred on Gudbid.com with our knowledge and we will take appropriate action as soon as such violations are brought to our notice.
Gudbid’ rules and policies are designed to:
Please learn more about Gudbid’ policies that will help you avoid breaking rules (including the law) and helps you in trading with reliable, trustworthy buyers and sellers.
Violations of policy may result in a range of actions including:
Imposition of Penalty amount is decided at the sole discretion of Gudbid. This penalty amount is a Compensation for any default made by the merchant. Note: You may contact Gudbid.com to report violations by using the “Report” or “Contact Us” links found on policy pages.
Following items are not allowed to be sold/displayed online at Gudbid.com. Please note that merchants/sellers are responsible for any legal issues and other liabilities arising if you try and sell these below mentioned items at Gudbid.com. We will cancel the listing(s) of prohibited and restricted items within 24 hours after we come to know about such occurrence.
GUDBID.COM RESERVES THE RIGHT TO MODIFY, UPDATE AND ALTER THE LIST FROM TIME TO TIME WITHOUT ANY PRIOR INTIMATION. TO MAKE SURE YOU ARE AWARE OF ANY CHANGES, PLEASE REVIEW THE LIST PERIODICALLY.
Keyword spamming occurs when merchants place brand names or other inappropriate keywords in a title or description for the purpose of gaining attention or diverting members to a listing. Keyword spamming in listings is not permitted on Gudbid.com. The text sellers place in listings must be directly relevant to the item being sold.
Violations of this policy may result in a range of actions, including:
In general, when listing items on Gudbid, merchants can include links that are solely intended to provide additional details about the items. That means links should only be used in circumstances when that information can’t be included in the listing itself. These links include additional images, technical specifications, manufacturer warranties, and other information that can help buyers make an informed purchasing decision. Other links that point to a third-party provider’s Website are also allowed, such as image hosting sites, payment processors or courier companies. Gudbid doesn’t allow links to non-Gudbid sites or content where other items are offered for sale. Gudbid continually reviews links on the site and reserves the right to block any link considered unsafe for our members. As a merchant, please make sure that your listing follows links policy of Gudbid. If it doesn’t, it may be removed, and you may be subject to a range of other actions, including but not limited to curtailing your selling privileges and/or suspension of your account, may also result in a legal action against you depending upon on the severity of the transgression.
Gudbid is committed to protecting the intellectual property rights of third parties and to providing a safe marketplace to trade. Unauthorized use or Infringement of copyrighted material and trademarks are strictly prohibited at Gudbid.com.
Gudbid has zero tolerance for any intellectual property violations. Counterfeits, unauthorized replicas, unauthorized items (such as counterfeit watches, handbags, or other accessories) or unauthorized copies (such as copies of software programs, video games, music albums, movies, television programs, or photographs) are not permitted at Gudbid.com. Unauthorized copies include (but are not limited to) copies that are pirated, duplicated, backed-up or bootlegged. It is illegal to sell unauthorized copies of media.
If the product(s) you are selling bears the name or logo of a company, but it wasn’t made or endorsed by that company, don’t list it at Gudbid.com.
Academic software is a software sold at significantly discounted prices to students, faculty members and educational institutions. Do not list academic copies of software at Gudbid.com unless you are authorized to do so as an educational reseller, an educational institution, a student or a faculty member.
Beta software, test software and evaluation software are not permitted at Gudbid.com. Beta, test, and evaluation copies of software are preliminary copies of software distributed by software developers strictly for the purpose of evaluation and troubleshooting.
Do not list “OEM” or “bundled” copies of software at Gudbid.com unless you are selling it with computer hardware. For Context, Original Equipment Manufacturer (OEM), or bundled software, is software that is obtained as part of the purchase of a new computer. OEM software licenses usually prohibit the purchaser from reselling the software without the computer or, in some cases, without any computer hardware.
Bootleg recordings are unauthorized recordings of concerts or live performances. Sellers are not permitted to list bootleg recordings at Gudbid.com.
Violations of this policy may result in a range of actions, including:
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Please note the trust you build with your buyers will go away if you artificially start showing higher MRP, so that the selling price appears to be much better deal vs. what it actually is. Artificially increasing MRP is strictly prohibited at Gudbid.com and any violation will result into account suspension.
Sellers/merchants at Gudbid.com are prohibited to engage in direct communication with buyers for any pre-sale, order, payments, shipping, post sale or returns related matters. Merchants are also not allowed to engage in direct or indirect marketing, communication with buyers at Gudbid.com. For specific product inquiries, warranties, shipping/delivery etc., Gudbid can intermediate the communication between buyer and sellers. However, sellers/merchants should not be engaged in communication with the buyers.
Violations of policy may result in a range of actions including:
Platform fee Structure
(Sales/order value wise fees)
Gudbid offers below given platform fee structure. The structure types are valid for each quarter. Please check the structure on the website after every 1st week of January, April, July, October month.
Product
Category |
Platform fees |
Conversion Charge |
Payment Gateway Charge |
GST Charge |
Shipping Charges |
Auto Care |
2.50% |
0.75% |
2% |
As per HSN Code |
Weight based (Refer Shipping charge table) |
Luggage
& Bags |
3.00% |
0.75% |
2% |
||
Electronics
& Appliances |
3.00% |
0.75% |
2% |
||
Grocery |
1.50% |
0.75% |
2% |
||
Home Care |
2.50% |
0.75% |
2% |
||
Home Décor |
2.75% |
0.75% |
2% |
||
IT &
Accessories |
2.75% |
0.75% |
2% |
||
Personal
Care |
2.25% |
0.75% |
2% |
||
Stationary |
1.75% |
0.75% |
2% |
||
Toys &
Kids Care |
2.50% |
0.75% |
2% |
||
Apparel |
3.25% |
0.75% |
2% |
||
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Packing and Shipping charges: |
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Seller can choose Shipping option during registration process. There are 2 types of shipping options: 1- Shipping by Gudbid (SBG) powered by Shiprocket 2- Self Ship - Shipping will be solely the responsibility of the seller. In this case Gudbid will not charge any shipping charges from the seller. Gudbid Shipping charges are as Under: |
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Weight Category |
Within City |
Within State |
National |
||
Surface
Shipping (Upto 0.5 Kg) |
42 |
45 |
83 |
||
Surface
Shipping (Additional 0.5Kg) Upto 2 Kgs |
40 |
44 |
80 |
||
Surface
Shipping (2 Kg to 5Kg) |
205 |
225 |
310 |
||
Surface
Shipping (Additional 1Kg) Upto 10Kgs |
38 |
40 |
55 |
||
Surface
Shipping 10 kgs |
290 |
365 |
585 |
||
Surface
Shipping (Additional 1Kg) Upto 20Kgs |
27 |
35 |
55 |
||
Surface
Shipping 20 kgs |
560 |
700 |
1120 |
||
Surface Shipping
(Additional 1Kg) More than 20 Kgs |
27 |
35 |
55 |
The packing of the product will be done by the seller and the cost incurred thereon will also be borne by the seller.
If Any additional shipping charges applied after the shipping cost incurred by the customer will be borne by the seller.
100% shipping charge on returned / canceled orders will be borne by the seller.
Every seller/trader/merchant/vendor is a vendor for gudbid.com powered by Shrombiz Innovations LLP. Gudbid is providing a direct selling platform to all our vendors. They can sell goods directly to Gudbid’s customers through gudbid website. A Customer registered on the Gudbid.com website shall be a customer of Gudbid's parent company (Shrombiz Innovations LLP) and not a customer of the Seller registered on Gudbid. The Seller's direct customer is Shrombiz Innovations LLP, which means that if a Seller receives an order through gudbid.com then the Seller will bill to Shrombiz Innovations LLP and Shrombiz will bill to its customers. The seller can download vendor invoice from order page. Cumulative shipping charges invoice will provided to seller fortnightly.
Shipping charges will be adjusted on a monthly basis.
The seller will provide MRP and their best selling rate to gudbid.com and the product will be displayed on the site only after approval from gudbid. The prices offered should not be higher than any other site. We will regularly check product and price. If any discrepancies are found, the product will be removed from the website.