Product distribution is the area of major concern in a multi channel of retail. The competition among retailers is heating up with multiple numbers of channels emerging to strengthen the distribution network. This section explores different channels-related issue.
CAIT has reached to the DIPP post an advertisement in newspapers announcing the sale of an item together with its discounted price to be available on Flipkart's portal which is said to be a marketplace.
This is not the first time that the two mutual fund investors have lowered their valuations. Fidelity and Valic had earlier marked down their holdings in the company by 24 per cent and 12 per cent respectively in the previous quarter.
Amazon.in, one of India's largest online stores in order to make international fashion easily accessible to Indian consumers, recently announced the launch of an exciting portfolio of international brands on Amazon Fashion store.
Journey of eCommerce, which is already experiencing a tough rollercoaster, seems to get tougher now. After various shocks regarding the downfall of the industry, here is yet another massive quake that will add to the miseries.
Last couple of months has been a nightmare as the company was all over the news (of course for the downbeats). Here is the list of 3 catastrophic incidents Flipkart came across within 4 months of 2016:
The company aims at providing a transparent and a smooth end-to-end experience to the consumers in terms of pricing or delivery. With this move, the online marketplace is eyeing to nab a 2 per cent share in the domestic two-wheeler market.
The only challenge in order to migrate these customers into account holders is to complete the 'know your customer' process. The process is lengthy and complex as it requires a personal interaction and collection of identity and address proves.
It all started with the inception of Flipkart, an eCommerce firm launched in 2007 that has now evolved to be one of largest online retail firm in the country, hence the 'kart' phenomenon came into picture.