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Ecommerce News, Insight and Jobs
February 1, 2014
 
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Ecommerce Decision-Makers 3M IndiaMarketing Manager
prefer TradeBriefs GupShup Technology India Pvt. Ltd.Head Ecommerce
  News 
Why Just Dial shares have crashed 21% in 6 days?
Profit NDTV
The company's net profit for the quarter was at Rs. 29.55 crore, almost flat from Rs. 28.66 crore in the previous quarter. In addition to a slowdown in profit growth, Just Dial's revenue growth has been also easing. Facebook Twitter Linkedin Email

Flipkart is like Lionel Messi while Myntra is a defensive player, says Subrata Mitra of common investor Accel Partners
VC Circle
"The DNA of the two companies is very different as one is defensive and other is offensive. One is like Messi trying to score a goal while the other is like a line backer," said Mitra last week, answering a question about difference between the two firms at VCCircle Private Equity Exits Conference 2014 in Mumbai. Facebook Twitter Linkedin Email

Flipkart In Merger Talks With Fashion Retailer Myntra, As Common Investors Push For Consolidation
Times of India
The Flipkart offer is essentially an acquisition but involves keeping Myntra as a separate unit, with the current management running the business with synergy benefits of controlling the domestic online fashion ecosystem. Facebook Twitter Linkedin Email

Myntra to get $15-20 mn from PremjiInvest, Myntra expects to close about $50 million funding over the next 10 days
Livemint
This will be the first online retail investment out of the $1 billion corpus at PremjiInvest, which has previously invested in traditional retail ventures like ethnic retailer Fabindia and Trent Ltd, the retail arm of Tata Group. Facebook Twitter Linkedin Email

Jabong's former MD switches attention to wearable smart devices through his new venture named Gynjer
Hindu Business Line
"There is a huge opportunity in the smart devices segment and it has not been explored yet. What we get in the market is either too expensive or bad quality. We are planning to make these devices affordable and to focus on quality," Jain said. Facebook Twitter Linkedin Email

Big online-retailers may push smaller rivals out of business in the fierce fight for the top spot in India's online retail - Economic Times
Big online-retailers may push smaller rivals out of business in the fierce fight for the top spot in India's online retail
Economic Times
While Myntra, which aims to earn revenue of Rs 800 crore this fiscal, is the leader in fashion, it is now facing tough competition from Flipkart and Snapdeal. They launched their fashion segment about two years ago and are already seeing significant volumes. Facebook Twitter Linkedin Email

Amazon Inc wants to invest a lot in India and very fast: Diego Piacentini - Business Today
Amazon Inc wants to invest a lot in India and very fast: Diego Piacentini
Business Today
"In the case of India, you have to offer multiple payment systems - cash on delivery, credit cards, debit cards, net banking. So we are already offering multiple platforms. In Europe, we have just one payment system. What we see in India is the potential. ", says Diego Piacentini. Facebook Twitter Linkedin Email

World Bank invests up to $34.18 million in two online retailers, Lamoda in Russia and Dafiti in Latin America - Economic Times
World Bank invests up to $34.18 million in two online retailers, Lamoda in Russia and Dafiti in Latin America
Economic Times
The World Bank's private-sector arm is investing up to 25 million euros ($34.18 million) in two online retailers, Lamoda in Russia and Dafiti in Latin America, the latest fundraising success for German venture capital firm Rocket Internet. Facebook Twitter Linkedin Email

Want to beat Amazon? Best Buy might offer a clue
Internet Retailer
The retail chain makes delivery gains during the holidays by turning its stores into "mini-warehouses," StellaService says.Its analysis could offer hope for other retail chains seeking an edge against the largest web merchant in North America. Facebook Twitter Linkedin Email

How India Could Change Retail Marketing As We Know It: Simon Hay, global CEO of Dunnhumby
Forbes
Unlike in any other region to date, India's mass retail will develop in a society where digital, social media, and mobile technology have significant penetration. With ample native talent to analyze data and drive science-based strategies and tactics, traditional models may be obsolete. Facebook Twitter Linkedin Email

  Trends 
30 Beautiful and Creative Ecommerce Website Designs
Shopify
Attractive web design has always played a key role in successful online sales and marketing. That's because it increases the perceived value of your products and works to make your website (and business) seem more trustworthy. Facebook Twitter Linkedin Email

Why the Top Ecommerce Brands Are Moving Into Physical Retail (And What You Can Learn From Them)
Shopify
This post will walk you through what Bonobos, Warby Parker and Indochino, three of the biggest ecommerce brands, have been attempting recently with physical retail - along with their future outlook on where commerce is going. Facebook Twitter Linkedin Email

How to Choose the Right Digital Marketing Based on the Strategic Objectives
strategy-business
Booz & Company has identified four equally successful digital marketing models: Digital Branders, Customer Experience Designers, Demand Generators, and Product Innovators. Facebook Twitter Linkedin Email

Digital marketing is a priority for B2B sellers, 42% of B2B marketing budgets is put toward digital programs
Internet Retailer
Business-to-business marketers spend 42% of their total marketing budgets on digital marketing, and spend the largest portion of that digital budget on developing corporate web sites, e-mail marketing and their social media efforts, according to a 2013 survey of 80 B2B marketers in the United States conducted by Omobono Ltd. Facebook Twitter Linkedin Email

Abandoned Shopping Carts Are Running Rampant in Mobile Commerce: This is What You Can Do About It
Business 2 Community
A recent study by Harris Interactive states that sixty-eight percent of smartphone owners have tried to make a purchase on their device in the past, but two-thirds of them (66%) encountered a problem during the payment process which forced them to abandon their cart. Facebook Twitter Linkedin Email

Google & LEGO team up to build a virtual brick-building playground
Venture Beat
According to Soghoian, the Build with Chrome technology was originally developed by a team in Australia as an experiment. It took off, so the Chrome made the decision to open it up to everyone. Facebook Twitter Linkedin Email

Wikipedia launches Voice Intro Project (WikiVIP), a celebrity voice archives
CBR Online
The WikiVIP adds a 10 second voice recording of notable individuals to their Wikipedia biographies. This will enable future generations to hear what they sounded like, including people who are less likely to have appeared on television. Facebook Twitter Linkedin Email

  Insight 
How to use technology to optimize your stock How to use technology to optimize your stock
EazyStock

Inventory often accounts for the highest proportion of your working capital as raw materials, components, finished goods and spare parts. From the Finance point of view, if you are like most Small and Midsize Businesses, inventory provides an attractive opportunity to raise top line and bottom line performance. Facebook Twitter Linkedin Email


The Time to Move to a Demand Network Has Come The Time to Move to a Demand Network Has Come
Ernst&Young

For the supply chain, it's time to make some dramatic improvements or risk being left behind completely. Facebook Twitter Linkedin Email


How can your customer help you beat competition  How can your customer help you beat competition
IRI Worlwide

Shopper Relationship Management (SRM) is being ushered in with newfound depths of speed, data and acutely relevant presentation. It can actually help you get the edge. Facebook Twitter Linkedin Email


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