For people obsessed with shopping more than ever and for those who are proud of their bargaining skills, online retail stores or the new generation e-commerce sites have given them a reason to rejoice. With a modest entry into the Indian retail market, many of the e-commerce websites have already managed to garner great turnovers, drive sales and make revenues.
Myntra is now striving the best to keep it’s promise of establishing itself in the realm of e-commerce fashion market by its great contributions and innovative ideas that it adopted within a short span of time to prove the excellence. As the CEO of the company once told that the fledging e – commerce market will shortly see the consolidated emergence of each company individually over the 2 years.
Amazon, the giant in e -commerce is now ready with its new tactic to gain more customers. Some time before the idea put forward for “local registration” was one such preceding move to create an output that aimed at well planned establishment of the company in the mobile market. Yes, it succeeded in its attempt and came up with “Amazon local register”. However this time what the company renders is not the conventional style – the introduction of new mobile types or stores, but a technology that could obviously contribute to a multidimensional trustworthy money transfer mechanism. Recently the system came to the mobile payment market, taking companies such as square and PayPal here. The label is a combination of a secure card reader, which must be purchased for US$10, and a free mobile app. Together, they offer a platform that allows businesses to accept credit and debit card payments using smart phones or tablet. The introductory fees for sign up on or before of 31 is 1.75 percent per card swipe which is expected to last till January 1, 2016 after which the standard rate of 2.75 percent will apply. The system enables a free deposit of the fund in a bank the very next business day.
Amazon, which has been sometime involved in the battle of ebook prices was expected to prepare itself for uprooting the created discrepancies in the cool functioning of the system, whilst the recent news of Amazon’s cancellation of the preorders from Disney has worsened the present situation which is a sign of Amazon’s direct entry for a dispute with the publisher Disney. Despite the heat it has taken up from the authors and publishers in the ebook pricing fight, Amazon doesn’t seem to get deprived from the battlefield or there are no clues of any attempted compromises. The e –commerce giant is not even a bit shook or is ready to reform the present aggressive strategy which it has adopted recently. Whereas the company might be feeling a little stung as it has the need to explain itself to the customers to gather up the required support and hence to polish its fame.
It is often said about Bombay that the most magical of stories find its roots in this charming city. It is a place which witnesses a co-existence of 12 million people from all walks of life. The poor and the rich, the big and the small, the old and the young – this city houses them all. Amidst all of them, one group of people who have been an integral part of Mumbai’s culture are the city’s famed , or tea vendors.
Mumbaikars have always loved their tea, and that is the reason why thousands of line the streets everyday to serve the city its favourite drink. Everyone loves a sip or two, be it executives discussing strategies while puffing on a cigarette or labourers taking a break after toiling hard in the summer sun.
Amazon India has shown its muscle power to Indian Ecommerce giants Flipkart and Snapdeal. Yes you read it right. In just 8-10 months of time, Amazon has shown that they are the world leader when it comes to Marketplace model. They have tied up with thousands of Dealer/Merchant and bringing them on-board across 20 categories. They claimed to have over 15 million products in Amazon.in, while Flipkart and Snapdeal have 10 million and 4 million respectively.
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