There was the industry government alignment on giving the country of origin as the information to customers. There was an agreement with participants that they want to do this. Since the notice for this came in yesterday only, companies said they would discuss this with their tech teams and get back on the modalities, another source told Financial Express Online.Amazon, Snapdeal, Flipkart, Myntra declined to comment. Responses from Grofers and Bigbasket are awaited.Among e commerce players, Walmart owned Myntra is already showing the Country of Origin under View Supplier Information on the product page. The details also appear on many listings at Snapdeal wherever sellers have provided the information. The meeting was held a day after the Finance Ministry asked sellers on public procurement portal Government e Marketplace (GeM) to mention the same for products listed. While the move echoed the government s stand on promoting Vocal for Local and Make in India goods, it came amid consumers growing clamour to boycott import and use of Chinese goods following the recent border clash between the armed forces of the two countries.Also read: No turning back: Covid led e retail, payments growth here to stay even as in store buying may stay muted "However, the government agreed that while platforms will do the technology enablement of this (update) but it will finally be sellers ' compliance as they have to fill information in the fields provided and it is a lot of manual work for them, " the source added. The government, nonetheless, has not set any timeline marketplaces to enable the display of country of origin. "This was a preliminary meeting to understand the industry point of view. "Meanwhile, traders body Confederation of All India Traders (CAIT) had urged the Commerce Minister Piyush Goyal to make the Country of Origin provision applicable for e commerce companies as well. CAIT raised this demand on 15th June to Commerce Minister in the wake of the fact that mostly all e commerce companies are selling Chinese goods in large percentages on their portals and in absence of Country of Origin provision, the customers are unaware about the origin of the Country which certainly influences the choice of the Consumers, it had said in a statement. Moreover, after chief ministers, political parties of all states, Bollywood and cricket celebrities, CAIT on Wednesday wrote to Reliance ''s chief Mukesh Ambani and 50 other industrialists of India for their support to its " boycott Chinese goods " campaign titling " Bhartiya Saamaan - Hamara Abhiman ".
NEW DELHI : Chinese e tailer Club Factory on Wednesday claimed to have become the third largest shopping app, replacing Snapdeal, in terms of monthly active users on Android platform in India.E commerce majors Amazon and Flipkart stand at the first and second position, respectively, according to data analytics platform App Annie.
Serving over 300 million subscribers in India, Jio s data and voice traffic has witnessed an unparalleled growth.According to experts, launching a super app at this point would allow Reliance to create India s WeChat, in the market where others like Snapdeal, Paytm, Freecharge, Flipkart and Hike have failed.
JBL launched two of its latest products JBL Go Bluetooth speaker and JBL T205BT headphones as part of the inaugural promotion JBL s products were earlier available only in India on ecommerce websites such as Snapdeal, Amazon, and Flipkart. JBL has also announced a four day mega sale this month with discount up to 50%Hardware focussed HARMAN International has launched an online store for loudspeakers and associated electronics manufacturer JBL in India. Its products were only available in India on ecommerce websites such as Snapdeal, Amazon, and Flipkart.
Comio C1 Pro has been launched in India by the home grown smartphone manufacturer which is targeting a strong presence in the offline market. While many might think that since Comio is a relatively new player in the market, with the Comio C1 Pro, the company has offered a well rounded package which further comes with dual 4G support and facial recognition feature.In fact, Comio C1 Pro is the cheapest smartphone in India to offer dual 4G VoLTE support and also one of the elite offerings which comes with facial recognition in the entry level segment. The Comio C1 Pro has been priced at Rs 5,599 while it comes in Metallic grey, Royal black, and Sunrise gold colour options. Moreover, the handset is now available across offline as well as online retailers including Flipkart, Amazon, Snapdeal, Shopclues, and Paytm.
by Aakriti ShrivastavaBaba Ramdev promoted Patanjali Ayurved is set to build on its digital presence by sellings its products on e commerce platforms like Amazon, Flipkart, Paytm Mall, 1MG, BigBasket, Grofers, Shopclues, and Snapdeal, reports PTI.
Jasper Infotech, which owns e commerce platform Snapdeal, has invested around Rs 390 crore ($57 million) into FreeCharge, according to a report in The Economic Times quoting a filing submitted to the Registrar of Companies (RoC) in the last week of December .The funding comes at a time when the Gurgaon based e commerce unicorn is reportedly raising a large equity financing round for its digital payments platform.
Jasper Infotech Pvt Ltd, which runs e commerce firm Snapdeal, has put in close to Rs 390 crore ($57 million) in FreeCharge, filings with the Registrar of Companies (RoC) show.As FreeCharge is in the process of raising its next external round of funding, Snapdeal 's digital payments arm has increased its authorised share capital from Rs 6 crore to Rs 1,006 crore in a special resolution passed on December 6. The company proposes to increase the authorised share capital to meet the funding requirements of the company, the RoC document stated.
Snapdeal is assuring users of a massive up to 70 percent discount under their Welcome 2017 sale. The discount will be across different categories electronics, clothing, home appliances, smartphones, etc. Additionally, apart from the sale price, Snapdeal is also offering additional discount to specific card users. The discounts range from no cost to EMIs to additional cuts on prices. While almost all card holders can avail no cost EMIs, as part of the Snapdeal Welcome 2017 sale, the additional 15 percent off discount applies only to SBI card holders. The Snapdeal Welcome 2017 sale kicks off from midnight of 8th January and will continue will 11.59 PM on 9th January. Additionally, there are also other offers like no delivery charge and speedy delivery for Snapdeal Gold customers.Snapdeal, through the Welcome 2017 sale is offering a free upgrade to Snapdeal Gold, which is a premium service for regular Snapdeal customers. Using the Snapdeal Gold service,buyers can avail free shipping, express shipping, extended return policy, etc at no extra cost. However, not all users can avail this upgrade. Under the Snapdeal Welcome 2017 sale, only those users making a prepaid payment (by card, netbanking or wallet) can get the free Snapdeal Gold upgrade and it is not applicable for Cash on Delivery or COD customers. According to a Snapdeal Statement, "On choosing the prepaid option, customers can also get an automatic upgrade to the premier Snapdeal Gold service which includes zero shipping charges, free express delivery, with an extended 14 day return policy, at no extra cost. " Vodafone users can now get unlimited 4G data at Rs 16. Catch? Valid for 1 hour only
Brick Click: The New Reality of Indian RetailBrick Mortar: Stay Competitive in Changing Retail Landscape
The Happy New Year offer from Reliance Jio offers free 4G data and free voice calls until 31 March 2017, an extension of the original Welcome Offer that was unveiled in September during Reliance Jio launch. But, there are some who didn't get hold of Jio sim card. Snapdeal has an offer for you.Snapdeal, in a statement, revealed the company will choose their premium customer base and send out an e mail to them for the offer. It is available in "select locations" only, which a customer can verify by entering the location while signing up.
According to two of India 's burgeoning domestic e commerce companies, Flipkart and Snapdeal, more than 80% of online shoppers made purchases through their smartphones, accessing the portals via mobile sites or apps.The most popular purchases in 2016 included mobile phones, tablets, computers and other electronics, according to Flipkart and Snapdeal. Indians were seen buying aspirational products and high value items such as premium phones, consumer electronics, and appliances, ” the #FlipTrends2016 report said. Bengaluru based Flipkart attributed over 60% of its sales to men.
Demonetisation has created a gigantic chaos in the country. Even after 45 days of the announcement, nothing much has changed people are still queuing outside banks to get cash, half of the ATMs are still empty and worry lines are still blurring our view. Amid these desperate times, a new super hero has emerged to help us with our woes. Meet Snapdeal, the e commerce website that is delivering cash to its customers.Shocked? Well, it 's true. As a part of its "goodwill gesture ", Snapdeal is delivering smiles..no..cash right at your doorsteps
To use the Cash@Home facility, you have to pay a convenience fee of Rs. 1, either via FreeCharge or using your debit card. The next day, a Snapdeal logistics executive arrives at your house with a POS machine, and you can swipe your card and get your cash. There is a Rs. 2,000 per day limit on the booking, and you don't have to order anything else. Snapdeal's Cash@Home service is currently live in parts of Gurugram and Bengaluru, and only works through the app.According to Snapdeal, the money is being distributed as a "goodwill gesture," and comes from the money it receives as CoD. A cynic would point out that this also frees up the company from having to deposit the cash in its own bank account, as it uses customers to turn its cash into a digital form. And, since the offer is only extended to app users, based around push notifications, it also helps ensure that people install the app, and keep it on their phones. That being said, for customers who are strapped for cash because of long ATM queues, this offering is a pretty big boon to have available.
Last week, rumors emerged that Alibaba Group Holding Limited (BABA) was set to acquire Snapdeal, India's second largest e commerce site, for $2 billion. The rumor was later debunked by Kunal Bahl, Sapdeal co founder and CEO. Alibaba, which already dominates China's e commerce market, has underinvested in India for many years. (See also: India's Snapdeal Denies Reports of Alibaba M amp;A Interest.)Meanwhile, Amazon.com, Inc. (AMZN) founder and CEO Jeff Bezos has poured tons of money into India, investing an estimated $5 billion in expansion efforts toward Amazon India. But which of the two tech giants has the better approach and can emerge as the winner in India?
A seasoned communications professional with a career spanning over 17 years, Parul joins Snapdeal after successful stints at Google and NDTV.At Snapdeal, Parul will anchor the public relations mandate for the company, helping drive the company into its next phase of deeper connect with users, as it focuses on partnering them in their journey to a better life.
Other than Snapdeal, its competitors, Flipkart and Amazon are planning a second leg of sales as well. According to a report in Mint, Amazon India will hold at least two more sale events following the first leg of its Great Indian Festival event that ended last week, two people familiar with the matter said on condition of anonymity. Along with that, the publication also reported that Flipkart, too, will hold more sale events this month. The last week s sales was quite a thrill for these Indian e commerce platforms. Right from the first day of sales, Flipkart and Snapdeal had a rocketing week. They started with an overwhelming response on day one, where Flipkart claimed to have sold half a million products in less than an hour. Snapdeal, on the other hand, claimed to have received more than 180 orders per second at the time of the launch of the sales. Flipkart said that its first day sales were 10 times more than any given day, making it the highest ever in the history of the company. ALSO READ: 5 numbers that show how Indians binge shopped on Flipkart, Amazon and Snapdeal during Diwali sale
iPhone 7 models are now officially available in India The iPhone 7 and iPhone 7 Plus are now on sale in India. Online and offline retailers such as Snapdeal, Amazon, Flipkart, Infibeam, Tata Cliq and Paytm are offering various deals and discounts. Additionally, Airtel and Reliance Jio also announced offers for the new iPhones in India.
RedSeer Consulting, in its report 'E Tailer Pricing Study;, the research and advisory firm reveals that Flipkart had the lowest median prices across popular non exclusive mobile stock keeping unit (SKUs), beating Amazon and Snapdeal on both days.But Flipkart itself is beaten when it comes to consumer electronics and large appliances. Amazon emerges the clear winner here as it had the lowest median prices of listed SKUs on October 3. On October 2 however, it was Flipkart that had the lowest in these segments. For Snapdeal, during the electronics sale, prices were lower on October 2, but prices were back to normal on the October.
Kunal Bahl led Snapdeal on Monday said it has taken a range of initiatives to ensure that its customers continue to get fastest ever deliveries, even as the shipment volumes surge multi fold with the festive sale kicking in early next month.In the run up to Diwali, all preshipment checks on fast moving items like mobile phones, memory cards, personal care appliances, kitchen appliances, air conditioners, televisions, home theater systems, printers etc. has already been done, so that packets can be dispatched within minutes of the order being received, Snapdeal said in a statement.