And what do you think Indian e-commerce firms can learn from China? We are making massive investments in technology. That was the phase of evolution we were in when we met three years ago.
We started as a coupon book business, then mobile coupons, discount cards…. We are a technology company and a large part of our investments is going into technology, both organic and inorganic. I feel the Chinese market is about seven to eight years ahead of India.
Are we investing enough for future growth, in terms of building our infrastructure? Anyone can sell anything to anyone.
When you venture into categories like real estate or autos, do you see this as an experiment, or do you see this aspect of your business as something that is going to expand, and you will add more similar categories in the future? The fear is always: Dependence on internet only 1.
Did it have anything to do with Alibaba? Customers reluctant in shopping online can be persuaded 3. These different sellers have different economics at which they buy their products from their suppliers.
We started selling gourmet food, online education… All these categories are actually very unique. Are there any lessons from the Alibaba experience that you think would be relevant to Snapdeal?
Secondly, we are now in the process of ramping up our advertising platform. We wanted a partner who has deep belief in what we are doing.
It was an interesting juncture in our business. The problem that we are trying to solve for product merchants, small and large, is the same problem that we can solve for services merchants. Is banking something that Snapdeal might consider in the future?
If you do a good job, you will become Walmart. So, we are leapfrogging the whole PC-commerce phase. Tmall, or Taobao Mall, is actually a more managed marketplace, only for screened businesses to sell to consumers. We launched cars from Mahindra. Once they got there, they started generating more profits than most companies in the world.
Many of them have started companies out of their homes. Utmost care has been taken in the analysis of the brands. But it was the right thing for the company. We launched real estate online with the Tatas; people started buying apartments online on Snapdeal.
How have your vendors been able to compete with all the price cuts? Similar to advertising on Google, merchants can advertise on Snapdeal. Our business model is like Tmall. We invested pretty significantly behind mobile, early. Hence, our decision to pursue that business model.
Edit the Brand or Add a New One: The companies are not associated with MBASkool in any way. I think the policies are very clear — foreign investment is not allowed in multi-brand retail, online or offline. There are many more car companies in the pipeline also.
We felt that technology was a great way to reduce the asymmetry of information that exists between demand and supply, and enable these small business owners, traders and retailers to buy locally, but sell nationally.
I have developed a deep interest in financial services.Snapdeal's positioning as a platform gives it the freedom to grow unaffected by India's FDI regulations, co-founder Kunal Bahl says.
Sep 13, · Snapdeal Online Shopping App – Your Gateway to First-Class Online Shopping Online shopping app for men’s clothing, women’s clothing, kids clothing, fashion & accessories, electronics, home & kitchen essentials, gadgets and more/5(M).
Snapdeal brand is studied in terms of its swot analysis, stp and competitors. Among Snapdeal, Flipkart, and Amazon, which company has the edge in which sector? How long before the eventual showdown? Update Cancel. They have Junglee on there side to help them grow using comparative analysis.
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