6 unbelievable facts that are influencing consumer buying decisions in India
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Here are some interesting facts on online fashion consumption, preferred brands & other fashion stimuli based on a survey conducted PAN India.
Eretail
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E-retail is concept of selling or buying products through online using electronic media. Get latest update & trends on online retail.
Flipkart marches ahead of Snapdeal and Future Group for Jabong's acquisition deal
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It has been a long time since the company has opted for the total sell-off and many ecommerce giants had showed interest in the acquisition deal.
What makes eCommerce the most happening retail format?
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The Indian retail industry currently ranks among the world's top five retail markets. The industry has been experiencing exponential growth, with retail development taking place not just in the metros, but in Tier 1 and 2 towns as well.
Flipkart and Amazon crown Durian as the leading seller on their Lattice
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Company went on to deliver over 300 orders a month using a single panel which is so easy-to-use - only one person has to really ever look at it.
Himalaya to expand its e-commerce business to achieve 100 crore target by 2018
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Himalaya's online sales are growing at 70 per cent per year, and it is expected to touch Rs 100 crore by 2018.
Now Amazon will furnish your house and workplace
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Amazon's Indian unit has been performing extremely well and recently it has registered 250 per cent growth in its annual sale.
Flipkart to build its payments business; Plans to invest Rs 670 crore
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The company will be seeking assistance of PhonePe (the payments startup which was acquired by Flipkart) to build its platform.
Myntra to open its store with private brands in three months
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Recently, company has been bringing many twists in its business model and also brought back its desktop website after seeing a big decline in sales.
Alarms ringing for Flipkart as two more senior executives hit the exit door
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This can prove a big setback to the company with its competitors such as Amazon and Snapdeal ramping up their operations for the upcoming festive season.
Commerce Ministry launches online marketplace for goods procurement
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The Commerce ministry is also planning to expand the initiative in the long run. As per Sitharaman, the ministry wants to make government procurement more comprehensive and transparent.
ShopClues eyes to build payment business with Momoe's acquisition
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Shopclues will be putting its first step in the IT hub of India (Bangalore) which now, apparently also known as the startup capital of the nation.
Snapdeal inching closer to take over GoJavas for faster delivery
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This move by the company can act as a catalyst for its business. It will help the firm to climb up the ladder and to come head to head with Amazon India.
ShopClues partners with StoreKing to help customers of rural areas to tab and buy
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The partnership will focus on pointing the untouched high-potentials of tier III cities and rural areas, while also increasing ShopClues' presence in tier II geographies.
Returning electronic items will be a tough nut to crack on Snapdeal
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The move might prove to be a lucrative one for sellers but experts feel that this policy might strike a wrong cord and company might lose huge chunk of its customers.
B2B eCommerce is clearly the next big wave!
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We are clearly entering an age when the next megatrend in business models in India is going to be about facilitating B2B commerce, says Anish Basu Roy- CEO, CO-Founder, Shotang.
Amazon sweeps a big heap over Flipkart: SimilarWeb
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Findings suggest that Amazon has a monthly visitor base of around 180 million which is far more than Flipkart (120 million).
BlueStone to flush Rs 40 crore in its marketing strategies this year
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Over the next 12 months, BlueStone will invest Rs 40 crore towards marketing. Investments are being made on educating customers about online jewellery buying.
Paytm to infuse Rs 350 cr for the further development of its payments bank arm
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After getting delayed for numerous times, finally, Paytm has pin down a specific date for the release.
Amul is on the move to foray in ecommerce portal and mobile app
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The company has roped in Ahmedabad based ecommerce service provider firm - Infibeam Incorporation Ltd. to assist Amul in shaping up its portal and app.
What lies ahead of mWallet industry and how will it help eCommerce?
3Min Read
By making payments quicker and hassle-free for buyers, mobile wallets have been helping online retailers in closing their sales more efficiently.
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