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May 24, 2014
 
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Adobe
  News 
Flipkart all set to buy Myntra; Deal estimated to be worth $300-330 mn and to be announced this week: Source - Livemint
Flipkart all set to buy Myntra; Deal estimated to be worth $300-330 mn and to be announced this week: Source
Livemint
The proposed deal was agreed upon in principle by early April, but the companies and their investors took "a while" to work out a deal structure that would be in compliance with Indian laws, one of the persons cited above said. Facebook Twitter Linkedin Email

Myntra plans to open physical stores across India next year to boost its private labels, even as talks of the fashion portal's merger with Flipkart continue - Economic Times
Myntra plans to open physical stores across India next year to boost its private labels, even as talks of the fashion portal's merger with Flipkart continue
Economic Times
Myntra is likely to continue as a standalone fashion brand even after its expected merger with Flipkart. Which is why the company has been beefing up efforts to promote its flagship private label casual wear line -- Roadster. Facebook Twitter Linkedin Email

With price being the most potent weapon in their arsenal, Amazon, Flipkart & Snapdeal adopting models to ensure discounted prices - Economic Times
With price being the most potent weapon in their arsenal, Amazon, Flipkart & Snapdeal adopting models to ensure discounted prices
Economic Times
The country's largest online marketplaces like Amazon. in, Flipkart and Snapdeal are adopting several models to ensure that merchants on their portal offer discounted prices. Their unbridled aggression is drawing the ire of smaller peers as well as traditional retailers who are struggling to keep pace. Facebook Twitter Linkedin Email

Flipkart may announce Rs 2,000cr Myntra buyout today as biggest consolidation in India's e-commerce sector
Economic Times
According to sources, the deal could be worth about Rs 2,000 crore. The figure could not be independently verified.The transaction is likely to be announced tomorrow. Myntra has sent invitations to the media for a conference in Bangalore tomorrow to announce a "strategic development" but did not divulge further details. Facebook Twitter Linkedin Email

How Puma is improving sales operations through e-commerce?
Internet Retailer
The sports footwear and apparel brand designer and manufacturer is better balancing how it interacts with consumers and its business customers by gaining more insight into consumer demand. The insights are helping it boost its own online sales, says Tom Davis, global head of e-commerce. Facebook Twitter Linkedin Email

Adult private shopping online in vogue in India; Indian market for sexual products expects to grow to Rs 2,450 crore by 2016 & Rs 8,700 crore by 2020
Tech Circle
Among the many portals is Ohmysecrets.com that sells products like sexual enhancement products, edibles, massage oils & gels, lubes & lotions, and lingerie, etc. Another personal and intimate products site ThatsPersonal.com ships products to buyers directly or allows them to pick their orders discreetly. Facebook Twitter Linkedin Email

E-commerce giant Amazon cranks up India play, takes on top e-commerce cos at their own game
Financial Express
Over the past 60 days, the company has launched handbags, shoes, women's ethnic wear, watches, fashion jewellery, sunglasses and lingerie stores in a bid to target consumer needs in one segment before moving on to the next. Facebook Twitter Linkedin Email

Indian e-commerce player Snapdeal raises $100M in equity financing from Temasek, BlackRock, Myriad, Premji Invest, and Tybourne
Venture Beat
"We are the market-leading company in the largest growing space in India," Snapdeal chief executive Kunal Bahl told VentureBeat earlier this year. "People who didn't invest in Alibaba won't want to miss the one in India." Facebook Twitter Linkedin Email

Exclusive web route: Flipkart & Motorola struck a deal, Amazon & Karbonn took the cue, Samsung and UniverCell are set to follow suit
Times of India
"With customers spoilt for choice, the market is getting more fragmented and there is a need for brands to focus on customer segments and look at new ways to draw customers. The life cycle of a phone is getting shorter and brands have to constantly work on marketing their products," says Sathish Babu, founder of UniverCell. Facebook Twitter Linkedin Email

How Wine.com uses 2,000 web sites in its affiliate program to boost the bottom line?
Internet Retailer
Coupon-based affiliates, such as RetailMeNot and CouponCabin, and loyalty program-based affiliates, such as those managed by Cartera Commerce Inc. on behalf of numerous major airlines, drive a lot of those sales, Fabi says. Facebook Twitter Linkedin Email

The contentious issue: the pricing of products by online retailers, which are offering huge discounts to consumers
Economic Times
But what enables the e-tailers to offer such huge discount? Part of the reason-and this also happens to be the more politically correct part to quote inthis big debate-is the inherent efficiency of their model. Facebook Twitter Linkedin Email

With fashion on its mind, Flipkart acquires Myntra; Sources say deal valued at Rs 1,800 cr; firms will function as separate entities
Business Standard
While Flipkart's Bansals dismissed any threat from Amazon, saying China's Alibaba was more its kind, Myntra chief executive Mukesh Bansal, also in his 30s (not related to Flipkart's promoters), said the deal was a way to reach the top in the fashion space. Facebook Twitter Linkedin Email

Tapping the Indian shoppers discount psyche, GoPaisa.com offers cash back on every purchase in addition to the discounts online retailers give - Hindu Business Line
Tapping the Indian shopper's discount psyche, GoPaisa.com offers cash back on every purchase in addition to the discounts online retailers give
Hindu Business Line
The site offers cash back and discount coupons on a wide range of products and services spanning travel, lifestyle, apparel, electronics, books, to name a few and has over 300 popular registered online retailers on board. Facebook Twitter Linkedin Email

HUL executives check Amazon's drone delivery mode; 100 HUL executives from Bangalore take part in the web virtual session from Amazon office in US - Economic Times
HUL executives check Amazon's drone delivery mode; 100 HUL executives from Bangalore take part in the web virtual session from Amazon office in US
Economic Times
Amazon has been working on Prime Air in its next generation R&D lab and the CEO unveiled the first model to the world late last year. The goal is to deliver packages in 30 minutes or less using unmanned aerial vehicles, Amazon had said. Facebook Twitter Linkedin Email

Online retail eats into the market of organised retail chains in mobile phones, tablets and accessories category, but will spare the unorganised market
mydigitalfc.com
"Prices of mobiles in general are lower in online stores by around five per cent on average and are around seven per cent to10 per cent in case of computer accessories. Indians being value conscious, they compare prices and buy online," said Sulakshan Kumar, co-founder and director - MySmartPrice. Facebook Twitter Linkedin Email

Groupon seeks to replace cash registers with tablets, launches an iPad-based system called Gnome
Internet Retailer
Groupon Inc. has launched an iPad-based system designed to help bricks-and-mortar merchants redeem discount vouchers from consumers without requiring consumers to have a printed voucher or use their mobile device. The system will also help retailers craft marketing campaigns based on data collected by the system. Facebook Twitter Linkedin Email

Paytm to hire 400 employees in 2014-15, mostly at middle and senior level; Campus recruitment will be done in the last quarter
Economic Times
Around 300 employees will be hired for middle and senior positions, it added.While the hiring would take place across Paytm offices in India, a major portion of the talent pool would be placed at its headquarters in the Delhi-NCR region, it said. Facebook Twitter Linkedin Email

Google wants to claim space on consumers' refrigerators, A letter to the SEC indicates how Google envisions the future of search
Internet Retailer
As if the the average refrigerator wasn't cluttered enough by honey-do lists, children's attempts at art and magnets from rest stops and tourist traps that hug the nation's interstates--now Google Inc. anticipates serving ads on that kitchen anchor in the coming years. Facebook Twitter Linkedin Email

Wal-Mart to engage with new, stable govt; Wal-Mart will seek to expand its business in India says Krish Iyer
Live Mint
"As India elects a new and stable government at the Centre, we'll continue to remain engaged, committed and work together with the government and other stakeholders and continue adding value to the economic growth in the country," said Krish Iyer, head of the company's India business. Facebook Twitter Linkedin Email

Venture capitalists, private equity players see better days ahead, expect new govt to bring stability in policy making - Economic Times
Venture capitalists, private equity players see better days ahead, expect new govt to bring stability in policy making
Economic Times
"The shine in the IPO market has returned which has upped hopes for exits for our firms," said Kanwaljit Singh, senior MD at VC firm Helion Venture Partners, which invested about $600 million in 55 startups till date in India. Facebook Twitter Linkedin Email

  Trends 
How One Ecommerce Entrepreneur Explored New Sales Channels - And Took Revenues From $8K to $96K per Month?
Shopify
Jessica started Raw Generation in 2012 with her dad, Bill. After initial struggles, she experimented with new sales channels - and took revenues from $8,000 in May, 2013 to $96,000 in July, 2013. Facebook Twitter Linkedin Email

How Retailers Manipulate Sight, Smell, and Sound to Trigger Purchase Behavior in Consumers
Shopify
Understandably, as a local boutique you can't just cough up the money to hire a multi-disciplinary team of sociologists, anthropologists, psychologists, and other consultants to help you create an unforgettable branded experience that maximizes sales. Facebook Twitter Linkedin Email

5 ways to increase online sales during the FIFA World Cup
CBR Online
There's not long to go before the first whistle sounds at World Cup 2014 in Brazil on June 12, and online retailers are among those hoping that the global soccer event will again spawn additional lucrative business. Facebook Twitter Linkedin Email

Google buys startup specializing in using smartphones to translate signs, billboards or other written words in real time
Economic Times
"With Word Lens, we've seen the beginnings of what's possible when we harness the power of mobile devices to see the world in your language," Quest said in ablog post. Facebook Twitter Linkedin Email
Facebook Twitter Linkedin Email

The Beginner's Guide To Keyword Research For Ecommerce
Shopify
One of the foundational tactics of SEO is keyword research. Keyword research is the simple art of better understanding the terminology your potential customers are using to find the products you're selling, then matching your website and marketing terminology. Facebook Twitter Linkedin Email

  Insight 
Re-thinking Grocery by Driving Customer-Centricity Re-thinking Grocery by Driving Customer-Centricity
Infosys

The increasingly 'digital' lifestyles of consumers today has impacted the way they shop everything from apparels to grocery. Facebook Twitter Linkedin Email


Service supply chain as a source of competitive advantage  Service supply chain as a source of competitive advantage
PwC

Learn how businesses are creating value from the service supply chain. Facebook Twitter Linkedin Email


Improving Cross-Docking Efficiency in Four Key Areas  Improving Cross-Docking Efficiency in Four Key Areas
Cognizant

Retailers can extend their cross-docking capabilities by integrating advanced shipment notifications, barcodes, warehouse management systems and material-handling systems in a more holistic way. Facebook Twitter Linkedin Email


A look at how shopping centres can make best use of social media (Premium) - View Free Sample
Gone are the days when just having a page on Facebook or Twitter was considered enough in order to communicate with the customers. An efficient social media strategy is much more than that. Let's have a look at how shopping centres can make best use of social media to stay relevant in the changing times. Facebook Twitter Linkedin Email

When customers drive supply chains When customers drive supply chains
IBM

Keep customers are the centre. And surge ahead. Facebook Twitter Linkedin Email


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