The Bengaluru-based online retailer has managed to bring back at least three of its ex senior executives to take on the increasing competition by its peers
Amazon started with 100 sellers three years ago and at present has over 85,000 sellers growing at 250 per cent year-on-year and adding over 90,000 products a day.
While the government has signed MoU (Memorandum of Understanding) with eCommerce major Flipkart, it has partnered with many others including Amazon India, NDTV Ethnic Retail, Craftsvilla to spur reach of handloom market.
Flipkart has made many changes in its top management. Around seven top executives have quit the company in the past one year, of which three were in the last four months.
The ongoing no-question-asked return policy adopted by the eCommerce fraternity has caused a lot of hiccups and led to higher operational costs for sellers on the marketplace as they have to bear for the return shipping expenses.
Product photography is a HUGE aspect that e-store owners need to think about when trying to convince people to buy your stuff, shares Amit Jain, founder of Purple Stores.
The US-based eCommerce major will complete its 3 good years in the country this week. In this tenure, the company has nabbed a noteworthy market pie compared to its Indian counterparts.
Touted as one of the most aggressive attempt by a major quintessential retailer, this step will put Big Bazaar in direct competition with the likes of Amazon and Flipkart.
It has recently launched an eCommerce asset to tap into the market which is largely dominated by heavily funded international retailers and startup backed by global tech investors.
This ongoing Flipkart sale is the first major one after notification by the government in March allowing full foreign direct investment (FDI) in marketplaces with the rider that they will not influence prices of goods sold.