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November 16, 2014
 
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  News 
Flipkart set to raise $1.5 billion in another round of mega fund-raising; begins shortlisting potential investors
Discounting still accounts for a chunk of Flipkart's monthly costs, with promotions costing it at least Rs 70 crore each month, according to a person who works with Flipkart at a strategic level. Facebook Twitter Linkedin Email

Flipkart adds new members to its leadership; Rishi Vasudev as VP - Fashion (Retail); Parameswaran Balakrishnan as the VP - HR (Supply-Chain)
"These new additions to Flipkart's leadership team show the importance we place on identifying and securing the best talent available. We are quite excited to have Param joining us," said Mekin Maheshwari, CPO, Flipkart. Facebook Twitter Linkedin Email

Flipkart's Sachin Bansal discusses internet penetration, GST & India Post with IT Minister
"I spoke to the minister for a fast nationwide roll-out of 4G for better connectivity as this would boost e-commerce in the country, especially rural India," Bansal told ET. Speaking to ET, Prasad said that on the issue of India Post, his government was willing to modernise and recast the world's largest postal network.
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Amazon wants to leverage an improved India Post network to ramp up its delivery mechanism to within 24 hours anywhere within the country
Amazon's India head Amit Agarwal on Tuesday met telecom and IT minister Ravi Shankar Prasad and urged him to allow the use of new technologies such as real-time tracking and monitoring devices on the India Post network to develop a delivery mechanism based on smart logistics. Facebook Twitter Linkedin Email

Paucity of capital, lack of robust M&A market hit Startup valuations in India; As money rains on e-commerce cos like Flipkart & Snapdeal, tech startups face drought
"In Silicon Valley, there is a lot of capital available because in the early stage, the managers of the capital are entrepreneurs and not investment bankers," said Sharad Sharma, angel investor and cofounder of iSpirt, a software product industry think tank. Facebook Twitter Linkedin Email

Snapdeal -- the flourishing company America passed on -- offers a lesson about immigration reform
Gone are the days when the United States was the only land of opportunity and when entrepreneurs dreamed of being acquired by a Silicon Valley company. The bigger opportunities now lie in countries such as India, China, and Brazil, and their entrepreneurs are becoming confident that they can take on Silicon Valley. Facebook Twitter Linkedin Email

Snapdeal, Amazon no match for Alibaba on sale day; Chinese e-commerce giant clocks $1 bn in 20 minutes - Economic Times
Twenty minutes was all it took for Alibaba to clock its first $1 billion (Rs 6,100 crore) in sales during China's biggest online shopping event, the 'Singles Day Sale,' on Tuesday Facebook Twitter Linkedin Email

After Flipkart's failed bid to impress customers, Amazon and Snapdeal out to woo buyers with discounts
Amazon has not made its 'Appiness Day' sale available to all its customers, choosing instead to offer the deals to only those who use their mobile app. Visitors to the website will be prompted to download and install the app to be able to avail of the offers.
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Amazon India plans to involve grocery stores in its network; aims to help working people to collect their orders from these locations at their convenience
The model is aimed at providing convenience to working people who are not home during the day time when their orders are delivered. Amazon is looking to have partnership with the nearest grocery store where shipment can be left and customer can collect the product as per his convenience. Facebook Twitter Linkedin Email

Kumar Mangalam Birla, the latest billionaire with plans to enter the burgeoning Indian online market; set to grow sevenfold in four years
The chairman of the $40 billion Aditya Birla group, which is engaged in businesses from mining and financial services to telecommunications, is open to either acquiring e-retailers or building one from scratch, Birla said in a Nov. 10 interview at his Mumbai corporate headquarters. Facebook Twitter Linkedin Email

  Trends 
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

Ease of doing business makes Singapore attractive start-up hub for Indian entrepreneurs
"The users are much more evolved and the feedback is of a higher quality than in India," said Shashank ND, founder of online medical appointment scheduler Practo, who shifted base to Singapore two years ago. 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

Summer internship stipends sizzle; jump 30-40%
Companies are offering as much as Rs 4.2 lakh for a two-month internship and large and established companies are jostling with upstart ecommerce startups for fresh talent. 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

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

Differentiation is the Key for Customer Loyalty in E-tail, says OLX CEO
How sustainable is e-tail in India where customer loyalty is only towards price and people flock to whoever is offering the lower price.  Facebook Twitter Linkedin Email

Smart banks ride the e-wave; Foreign and new-age private sector banks take the lead in facilitating online transactions
The country's internet population, 213 million as on 2013, is seeing an addition of five million every month, driven by the rapid growth in smartphones. Most banks are cashing in on this opportunity, as it helps them earn revenues and in lowering costs. 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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  Insight 
Online vs Print Marketing- The digital divide
Online vs Print Marketing- The digital divide (Premium)
What makes Internet marketing different from print advertising? Is it just the technology or is a shift required in the way creativity applies in these different mediums? The nub of the argument is in the reference point- Internet communication vs Print advertising.

Interview- Pawan Gadia CEO Retail and E Commerce- Ferns N Petals
Interview- Pawan Gadia CEO Retail and E Commerce- Ferns N Petals (Premium)
In a conversation with Twishy of exchange4media., Pawan Gadia, CEO-Retail and E-Commerce, Ferns N Petals speaks about the opportunities during festivals, challenges of the digital age and how the idea of gifting has evolved over the years.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

Physical Stores are not going to disappear- Jeremy King of Wal-mart
Physical Stores are not going to disappear- Jeremy King of Wal-mart (Premium)
Jeremy King is senior vice president and chief technology officer of Global eCommerce at Walmart. He has been on the forefront of cloud computing and brings over 20 years of experience building highly scalable technology platforms to support global commerce operations. Facebook Twitter Linkedin Email

Combine Bricks and Clicks to promote Business
Combine Bricks and Clicks to promote Business (Premium)
Given the opportunity to engage in ever-new endeavors, today's shoppers demonstrate an outstanding capacity to multi-task, compartmentalize, and adapt. How do you cater to them? Read on.....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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