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October 25, 2014
 
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  News 
Flipkart closes India's largest ever office leasing deal, signs up for a 3 million sq ft campus in Bangalore with local builder Embassy group
The first phase of the new campus for Flipkart will be delivered by Embassy by early next year as an incubation facility for over 2,400 seats. The first campus at Embassy Tech Village on the Outer Ring Road in Bangalore will be delivered in January 2017 as a plug and play office.
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Karnataka gov plans to amend VAT Act to remove ambiguities surrounding e-commerce; to bring online transactions under the tax net
The players in the marketplace model say that since they do not directly sell goods, VAT should not be applicable to them. But a state finance department official said since companies like Amazon offer their platform and services for a commission, "even commission agents have to pay tax''. Facebook Twitter Linkedin Email

Flipkart to buy into Jeeves in home appliances push; Acquisition to aid launch plan of private brands, and provide after-sales service
Jeeves, which provides maintenance, repairs, product guarantees and other services, could also help Flipkart deal with pressure or possible moves by offline retailers and brands that have threatened to stop offering guarantees on products sold online. Facebook Twitter Linkedin Email

BJP win in Haryana, Maharashtra could mean tough times for Flipkart, Amazon: Here's why
The BJP is known for its anti-FDI stance in retail trade since mom-and-pop store owners comprise one of its largest constituencies. These retailers, who own small stores, have been eyeing the success of e-tailers with suspicion, especially after the recent spate of mega sales by Flipkart, Snapdeal, Amazon and eBay. Facebook Twitter Linkedin Email

Myntra in process of setting up an office in London; plans to expand to New York in about a year; appoints Mark Sebba as an advisor
Sebba is largely credited with helping scale up the magazine-style fashion e-tailer, owned by Swiss luxury group Richemont, from a small start-up in the early 2000s to the $850 million company that it is today. Facebook Twitter Linkedin Email

Flipkart ahead of Amazon in Diwali traffic; Offers deeper discounts than its rivals; Seen as more street smart as a brand
For Flipkart, the growth in traffic was 10 times that of a normal day on October 6. Incidentally, traffic growth doesn't always translate into higher sales as one might not finally order a product after visiting the site. On actual sales, Flipkart said it had a GMV (gross merchandise value) of $100 million on the Big Billion Day.
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Urban Ladder under ED scanner over FDI; Exercise part of a wider suo moto enquiry; ED to ensure e-tail players not wield control over sellers
The ED wants to verify that e-commerce players do not wield control over some of the bigger sellers indirectly, as that would run afoul of the Indian rules which stipulate that e-tailers with FDI cannot sell to consumers. Facebook Twitter Linkedin Email

Here's what Amazon, Ebay, Flipkart, Snapdeal and others said about honoring e-commerce warranties in India
Sellers who put up the listings of their products on eBay India are governed by what they state as description and specification for their items, which at times may include manufacturer's warranty as well. At ebay.in, we have rarely come across instances where manufacturers have refused to honor warranty services.

No inquiry against Flipkart of predatory prices of goods and unfair trade practices during its recent 'big billion day sale': Nirmala Sitharaman
"I would like to state that no enquiry has been planned or proposed on the e-retailer on the concerns raised by customers on the big billion day sale," she told reporters after a visit to the BJP office here.
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Just Dial to raise up to Rs 1,000 crore through issue of equity shares; plans to move into the highly competitive e-commerce space
The fundraise was approved by Just Dial's board on Monday, and is now awaiting shareholders approval. When contacted by ET, Just Dial founder and CEO VSS Mani confirmed the plans but declined to share any details. Facebook Twitter Linkedin Email

  Trends 

Why Google's Sundar Pichai, Microsoft's Satya Nadella and Amazon's Jeff Bezos are banking on Digital India?
Digital India is proving to be a magnet for global technology companies, a point driven home by the visits of three global executives to the country in September alone--a month that also sees manifold increases in the pre-Diwali offline and online sales pitches for electronic gadgets that Indians love to buy. Facebook Twitter Linkedin Email


Get ready for more Flipkarts and Snapdeals as IITs gear up to teach entrepreneurship
IITs have always produced a steady stream of entrepreneurs, including those behind celebrated companies such as Flipkart and Snapdeal. Many IITs also have thriving incubation cells that seek to spawn such entrepreneurs. IIT-Madras is even raising a startup fund. Now, finally, IITs are gearing up to teach entrepreneurship in the classroom.
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Boom time for e-commerce in India; but customers face heightened risk of fraud
Payment service providers like Citrus Pay and PayU claim the low interest rates offered by payment gateways 1% compared with upto 3% charged by credit card companies is being taken advantage of by several small traders who set up online stores and withdraw money citing fake transactions. Facebook Twitter Linkedin Email


As many as 57% of the students prefer to do shopping online with 90% of them want to recommend it over traditional shopping: Survey
The VESIMSR conducted the survey among 955 students of the professional colleges under Vivekanand Education Society (VES) which has 25 institutions and 18,000 students under its fold. Facebook Twitter Linkedin Email

Here's what Lenovo, Dell, HP, Toshiba, Asus, Nikon have said about e-commerce offers & warranties in India
There's ambiguous wordplay, with some brands merely asking consumers to check warranty entitlements, others saying "Representations, benefits and other entitlements" (what does this mean anyway?) will not be honored.
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6 Foundational Ecommerce Marketing Tactics to Stop Your Bucket from Leaking
Facebook Ads, Google Adwords, SEO, blogging, social media and guest posting are all great methods to drive traffic, unfortunately, most of the time they don't work as expected. There are lots of possible reasons for this, however, many times it's because you have a leaky bucket. A website that leaks visitors as fast as you can bring them in. Facebook Twitter Linkedin Email

Twitter to use S-money service for payments in France, allows its customers to transfer money to other people via tweets on social network
The move by Groupe BPCE, France's second largest bank by customers, coincides with Twitter's own push into the world of online payments as the social network seeks new sources of revenue beyond advertising. Facebook Twitter Linkedin Email

Retailers focus on how to spend wisely with Google, continue to fight for top rankings via natural search: Survey
Internet Retailer bases its findings on anonymous responses from 95 participants, of whom the majority, 67.7%, identified themselves as working for web-only retailers. Facebook Twitter Linkedin Email

Why Are Domain Names So Important For Building A Brand? 15 Domain Name Generators & New Domain Extensions Available
In this post we'll explain why your domain name is so important, show you some of the best tools for finding the perfect URL, then, we'll introduce you some of the new unique domain extensions that you probably didn't even realize were available. Facebook Twitter Linkedin Email

Online marketplace: A training ground for new entrepreneurs
"In order to avoid too much risk and gain some hands-on experience, she started her entrepreneurial journey by selling jewellery on online marketplaces Flipkart and Snapdeal. The initiative paid off so well that within months Parikh had the confidence to kick-off her own ecommerce venture, Azira Jewels. Facebook Twitter Linkedin Email

  Insight 
Social media has become an integral part of the recruiting process- Kavita Rao Director HR- Unisys Global Services
Social media has become an integral part of the recruiting process- Kavita Rao Director HR- Unisys Global Services (Premium) - View Free Sample
Social media has become an integral part of the recruiting process and this trend is likely to grow exponentially in the coming years. To understand more about the HR strategies/programs and the recent trends, Dataquest spoke to Kavita Rao, Director, Human Resource, Unisys Global Services, India, China, and Hungary.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

Aiming is to bring the latest highstreet fashion to your doorsteps
Aiming is to bring the latest highstreet fashion to your doorsteps (Premium) - View Free Sample
Striving to provide the latest global fashion for women consumers in India, Stalkbuylove.Com presents weekly new collections at affordable prices.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

What online retailers should keep in mind to convert emotions into sales
What online retailers should keep in mind to convert emotions into sales (Premium) - View Free Sample
Shopping, be it online or in-store, is directly influenced by emotional behaviour. It then becomes imperative for a retailer to endorse the significance of customer's emotions since these behavioral changes may result in better business.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

Food And Grocery Category will be slower to get adopted on the online channel
Food And Grocery Category will be slower to get adopted on the online channel (Premium) - View Free Sample
The Indian housewife still derives a lot of pride and enjoyment in personally shopping for her family; hence the food and grocery category will be slower to get adopted on the online channel as compared to electronics, books, lifestyle products, etc.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

 How to make years of investment in retail technology pay off?

Today's stores are buzzing with technology. Scanners, digital signage, digital displays, kiosks, tablets, hand held devices, POS, RFID and inventory systems are working in silos. How does a retailer bring all these investments together, map it to customer needs, and ensure an ecosystem that drives real-time customer engagement? Facebook Twitter Linkedin Email


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