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TOP 10 ECOMMERCE COMPANIES IN INDIA 2017

Amazon It is one of the leading and reputed online e-commerce platforms acknowledged at a wide scale all over the country. Accessed by zillions of people from all over the globe, the marketplace is operated by an affiliate of Amazon.com that is Amazon Seller Services Private Limited.

Seeking to create the vastly client centric web destination and marketplace for users to explore and find anything on this famous virtual store, it assures to offer everything, providing plenty of options and choices, at lower prices, insuring reliable and faster delivery and lend a convenient and trustable experience along with providing sellers with a top notch and renowned e-commerce marketplace. The mobile shopping app of the platform is been available for both Apple as well as iOS platforms providing a convenient and easy access to more than 80 million products served across different categories. Assuring safe and secure payment and ordering experience, it has been providing 24*7 user support, along with a globally reckoned and known 100% purchase protection proffered by the platform’s 100% guarantee. Headquartered in Seattle, Washington, it is known as a popular American based electronic cloud computing and commerce company, known all over as the biggest internet and mobile based retailer worldwide in accord to market capitalization and sales. Began mere as a online bookstore, it has been diversifying into other arenas including blu-rays, DVDs, furniture, video games, toys, food products, jewellery, audiobooks, electronics and much more. It also deals in offering consumer products such as Fire tablets, Amazon Kindle e-readers, Fire TV etc. that is world’s biggest provider of cloud infrastructure services. Set up in year 1994, in year 2017, it is known to release a popular streaming service reckoned as Amazon Music Limited. Counted among one of the reputed and most popular one stop platforms to buy almost everything, it has actually created a user base of more than 30 million people in a span of years.

Flipkart – It is a reputed and one of the esteemed e-commerce platforms used simply all across the world. No matter, whether you are looking for electronics, appliances, anything related to men and women, baby and kids wear, home and furniture, books and more, it is the best platform to seek for. Introduced in year 2007, it is one of the countrys leading and well known e-commerce platform offering more than 80 million products covering about over 80 categories and segments. This pioneering e-commerce marketplace firm is been registered in Singapore and is headquartered in Karnataka, India. In fact, it is known to introduce its own wide product range under the well known and famous name DigiFlip backed with products involving USBs, tablets, and laptop bags. The founders of the company are Sachin Bansal and Binny Bansal, both of them worked for widely reckoned Amazon marketplace and then left to found their own firm that is Flipkart Online Services Private Limited. Staffed with over 33,000 people, the foremost product that they sold was actually the book called Leaving Microsoft to Change the World to a customer belonging from Hyderabad. Adding to this, it allows for different payment methods like credit or debit card transactions, cash on delivery, e-gift voucher, net banking or card swipe at the time of delivery. In year 2015, as per the information it has bought a minority stake in route optimization and Navigation start-up acknowledged as MapmyIndia assisting to improvise and upgrade its delivery utilizing its assets. In 2014, the platform introduced its own set of mobile phones, tablet and Phablet. The foremost tablet series and phones that were introduced was Digiflip Pro XT 712 tablet. Also, it introduced its first wireless networking router in July 2014 under its own acknowledged brand name DigiFlip WR001 300 Mbit/s. Later in September 2014, it introduced its personal healthcare and in-house home appliances brand Citron covering a large array of grooming products and cooking utility items. A famous online shopping e-commerce marketplace of the country, it got nominated in 2011 for Indiamart Leaders of Tomorrow awards and recognition. Also, as per April 2017, the founders of the platform are been named as the most influential people by TIME.

 

  • Establishment – 2007
  • Website: www.flipkart.com

Second place is grab by Fashionandyou.Fashionandyou was started in 2009 by Harish Bahl with a motto to cater eminent designer’s collections under one roof. Over the years it become a prominent brand in fashion &apparel industry and numerous top notch merchandise are associated with it.

  • Website: www.fashionandyou.com

Snapdeal In the year 2010, Kunal Bahl and Rohit Bansal started online deals site, which later expanded to full fledge e-commerce marketplace and has now become India’s largest online marketplace. Snapdeal.com has 300000 sellers from all length and breadth of the country and together they sell 35 million products. This website has been pioneer in spreading the craze of online shopping in India. From Mobile to Clothing, From Shoes to Accessories, Diapers to Kitchen Items, Washing machine to School Bags, Pencil Box to Luxury watches, Selfie Stick to Tyres & Alloys, From Books to E-Learning CDs, From laptops to Living Room Furniture, Snapdeal sells everything. They have 800 diverse categories to choose from. Recently, they have merged “Freecharge.com” and now one can pay mobile bills and recharge mobile using their app. The USP of Snapdeal is the trust among consumers, which they have developed in last 7 years, with offering authentic products and hassle free delivery.

  • Establishment – 2010
  • Website: www.snapdeal.com

Fouth place is acquired by Myntra. Myntra.com is a leading fashion e-commerce website, which is extremely popular among youngsters and brand conscious generation of the country. It was started in the year 2009 as personalized products website. In 2011, they expanded their portfolio to fashion clothing and they started offerings latest fashionable clothes and accessories of different brands at competitive pricing and it became huge hit among young consumers. They offer latest collections of leading domestic and international brands such as Puma, Nike, Arrow, Reebok, Addidas, US Polo, Indian Terrain, Liliput, United Colors of Benetton, Vera Moda, Forever 21, ONLY and many more. In the year 2014, Flipkart.com merged Myntra and after that 150000 products were added to Myntra’s portfolio, which has given boost to their sales.

  • Establishment – 2007
  • Website – myntra.com

FirstCry.com was launched in the year 2010 by Supam Maheshwari and Amitava Saha. This website exclusively caters to Kid’s and baby products. With option to choose from over lakh products, this website is undoubted leader in Kids e-Commerce section. They offer widest range of products under Baby & Kids Clothes, Toys, Diapers, Footwear, School Supplies, Feeding & Nursing, Maternity Products, Baby Health products, and many more. With local brands, they offer leading international kid’s brands such as Mee Mee, Pigeon, Funskool, Barbie, Hotwheels, and Fisher Price etc. Along with online marketplace they have opened their physical stores at different places. With this unique business strategy, they have 2 million happy and satisfied customers. Recently FirstCry collaborated with Mahindra Group’s BabyOye brand to expand its offline business. With this collaboration, FirstCry’s Physical stores have been expanded to 125 Tier1 and Tier 2 cities in the country.

  • Website: www.dealsandyou.com

HomeShop18 Launched in the year 2011, HomeShop18.com is an online marketplace of popular TV Shopping Channel – HomeShop 18. This Channel is owned by Network 18, so does its online website. This website displays HomeShop 18 Channel’s products, so that users can buy their products anytime and anywhere. This website and TV Channel is extremely popular among housewives and their best selling categories are Kitchen Appliances and Items, Home Furnishing Items, Jewelry, Beauty & make up products, Dinner Sets and Low Cost Mobiles. This website delivers to almost all parts of country with different options of payments such as Online Payment, Cash on delivery, and Easy EMIs. Their products are generally combo products, which are offered at discounted price. Also, they offer free gifts, products, and discount coupons with their products.

  • Establishment – 2008
  • Website: www.homeshop18.com

Yebhi.com is another well-known ecommerce company started in 2009 and within 4 years become the establish player in ecommerce industry. Yebhi was started as BigShoeBazaar.com and then changed its identity to Yebhi. After seen the potential in this company Nexus Venture Partners and N. R. Narayana Murthy’s Catamaran Ventures invested 40 crore in this company.

 

  • Establishment – 2010
  • Website: www.yebhi.com

Caratlane is a leading jewellery website in India that has product range from Diamond Jewellery, Rings, Earrings, Pendants, Bangles, Necklaces, Nose Pins, Mangalsutra etc. Caratlane offers 5 payment options that include
Cash on Delivery – Customer will pay once he receive the product.

Credit Card – Customers can pay from credit cards associated with AMEX, Visa, MasterCard
Debit Card – Have the option to pay from MasterCard, Visa, Maestro debit cards
Cheque/DD – From check/DD customers can do the payment but in these case, company will dispatch the product once the credit the check.
From the customers point of view, cash on delivery is the best option because it is secure and convenient.

  • Website: www.caratlane.com

ShopClues Shopclues.com is a subsidiary of Clues Network and is among the early Ecommerce websites in country. Shopclues.com was established in the year 2011 and is considered as India’s biggest organized online marketplace with largest number of registered merchants. As a fact, they have more than 3.5 lakh registered merchants, who sell their products on Shopclues.

Shopclues’ tagline is “Ting se leke tong tak”, that means you can get almost everything on shopclues at affordable prices. They have around 8.5 million products on their website, which covers every usual (such as Fashion clothing) and unusual products (such as Knife Sharpners). Their “Sunday Flea Market” sale is among the best selling weakly sale on any e-commerce platforms in country. Their other weekly sale “Wednesday Super Saver Bazaar” is also popular among buyers. They have recently launched “Shopclues Surely Program”, which ensures that user is buying a genuine product and its quality has been checked by Shopclues. To make it user friendly, they have categories such as “Brand Authorized”, “Best Buy”, “Great Buy” and “Value Buy” etc.

They also has category – Refurbished Gadgets, where they sell refurbished electronic products especially mobiles at unbelievable discounts. Their main product categories are Mobile & Tablets, Computers, Laptops & related products, TV, Audio & Large Appliances, Mobile & Laptop Accessories, Appliances, Home & Kitchen, Fashion – Clothing & Accessories, Footwear, Travel & Luggage, Jewelry & Watches, Automotive, Toys, Baby & Kids, Pet Supplies, Hardware & Sanitary ware, CCTVs & Hidden Cameras, Fitness & Gym Accessories, Herbal Products, Gourmet & Daily Needs, Office Supplies, Beauty & Perfumes, and Sports and Health. They are the leader in “Daily Utilities, Garden Needs, Kitchen Storage, and Hardware categories.

Shopclues has wide logistic database. They are extremely popular in Tier 2 and 3 cities. Unlike other e-commerce websites, they deliver to 9500 cities and towns.

Every year they handle approximately 1.52 lakh transactions and experience 42 million visitors. Their head office is situated at Gurgaon and they have registered office at Vadodara in Gujarat and Palo Alto in California. They have an employee base of around 700 people at their different office locations.

  • Website – www.shopclues.com

Tradus is the online venture of ibibo Group and counted among the top 10 ecommerce companies of India. It has huge product range that include footwear, health & sports, watches, mobile, tablets and computer parts etc.

  • Establishment – 1997
  • Website – tradus.com

 

Jabong

Launched in the year 2012, Jabong.com is a popular online marketplace for branded fashion wear and accessories. This website sells Men’s Clothing, women & Kids Clothing, Bags, Footwear, Watches, Sunglasses, Wallets, belts, Women Make up Products, Perfumes, Home Furnishing Items, and Sports Items. Jabong offers leading and popular brands at discounted price. They have separate section, which only show Brand Store of that particular brand. One can find leading international brands at Jabong, such as Dune, GAS, Le Cooper, Dorothy Perkins, Jack & Jones, Next, Aldo, BRAUN, Bugatti, CITIZEN, Calvin Klein, Casio, D&G, DKNY, Givenchy, Gucci, Hugo Boss, Issey Miyake, Jean Paul Gaultier, Jennifer Lopez, Juicy Couture, Kenzo, L’Oreal Paris, MANGO, Mont Zermatt, and Diesel etc. Other than Jabong, No other Indian e-commerce site is featuring such a diverse portfolio of International brands. Currently, Jabong is a part of Flipkart (via Myntra.com).

Website: http://www.jabong.com/

 

ebay India

eBay India is a 100% subsidiary of international top online e-commerce company – eBay Inc.

Started operations in 2014, They are among the biggest managed online e-commerce players in the market with more than 2.1 million active users from 4000+ cities in India. They have more than 1.1 million live product listings on their portal across widest 2,000 categories of products. There are around 30,000 merchants sell their products annually on their website. It is said that a cosmetic product sells every 1 minute, a TV sells in every 27 minutes, a car accessory sells every 1 minute on their portal.

Website: http://www.ebay.in/

 

Naaptol

Established in the year 2007, Naaptol started as price comparision website. In 2009, they started their online marketplace and pitched their products to customers online, offline, newspaper advertisings and via TV shopping. Their site has 90,000 visitors visiting them and conducting 5000 transactions a day, which generate daily sales of Rs.1.5 crores. Headquartered in Mumbai, they deliver to all states and UT in India. Infact, it was first e-commerce company that uses the services of “India Post” for their product deliveries. suit.

Website: http://www.naaptol.com/

 

Infibeam

Started in the year 2007, Infibeam is a leading online retailer for electronics, books, automobiles, lifestyle and gifts in India. They started as automobile portal and later turned into online shopping retailers. Their website has widest range of 1.2 Crore products across categories. They also have their own logistics arm known as Infibeam Logistics, which delivers to all major Indian cities. Headquartered in Ahmedabad, they have offices in Delhi, Mumbai and Bangalore employing around 1300 strong professionals.

Website: http://www.infibeam.com/

 

Limeroad

LimeRoad is India’s leading online shopping platform for fashion and lifestyle products exclusively for women shoppers. They have around 200,000+ products on sale and have wide range of local vendor network with selling of local fashion products ranging from Kurtis, Sarees, Salwar Suits, footware, accessories, women handbags & purses, kitchen products etc. The site is popular among working women shoppers and their best selling products are kurtis which are meant for official wear.

Website: http://www.limeroad.com/

 

Pepperfry

Established in the year 2012, pepperfry is an online furniture and home decor marketplace. They are different from other e-commerce sites and sell all type of furniture to give users

It is a famous and one of the acknowledged Indian based home products and furniture E-commerce marketplace. Headquartered in Mumbai, India, it has been incepted in year 2012 by renowned and well known Ambareesh Murty. Earlier, it has been dealing and offering products across lifestyle categories. Recently in year 2014, it introduced its first brick and mortar store, named Studio Pepperfry based in Mumbai. Adding to this, it has its stores available around Gurgaon, Bengaluru and Kolkata. With in-house labels dealing in the manufacture and supply of lifestyle based products, it has tie-ups with many pioneering and popular Indian based brands such as Nilkamal, Godrej Interio, @Home, Spacewood, Furniture Kraft, Durian, Evok, Hometown, and many other global furniture based brands. Dealing and providing people almost everything varying from furniture to dacor products to lamps to bed and bath based items to kitchen products to furnishings to housekeeping to dining and bar to garden products to hardware and electrical and more, the platform promisingly and successfully fulfilled a million customer orders recently in year 2015. Till date, it has shipped products to more than 1000 cities all across the nation, as per the stats it has about 2.6 million registered users. With more than 5 lakh Facebook followers, it has been housed with about 17 fulfilment hubs based all around the country. The e-commerce platform believes high in supporting sustainability and enables a positive carbon based footprint and for the same has already tied up with NGOs helping in growing more number of trees to give back to the nature and environment.

Amazon India

The US based e-commerce giant Amazon has launched its India operations in the year 2013.  They started in India with limited number of products and slowly they have captured the market with their amazing offers on their extensive catalogues. They have merchant-amazon setup of business model, where in merchants will sell their products on their site with a nominal fee charges by the company. Amazon will provide delivery logistics to these sellers. They have grown really fast in India and today they have more than 25 million products for sale on their website which is larger than their major rivalry Flipkart.

Website: http://www.amazon.in/

 

Yepme is counted among top notch eCommerce companies of India. It was started in 2011 by Sandeep Sharma, Anand Jadav and Vivek Gaur, alumni of IIT. Company has head office in Gurgaon and has women and men apparels and shoes. User can buy products online from website using credit/debit card. Company works across Tier1 and Tier 2 cities and has good delivery network. To expend business company has received raised Series A investment from Helion Ventures Partners.

 

Nykaa was started in the year 2012 and has head office in Mumbai. Company has more than 20,000 products online that user can order from 900 cities across the globe. Company was started by Falguni Nayar who was the former managing Director Of Kotak Mahindra Capital Company. Company has received funds of $3.2 million in June 2014. Also because of excellent work company has won The Most Innovative Ecommerce Company by e-Tales Awards.

 

Koovs.com  is a famous shopping website from where users can buy online clothing, beauty whims, shoes, lingerie, bags etc.  From company online website user can order fashion products online from company website and can track the status of the order under Track Order tab. Company also provides Cash on delivery  facility under which user can order online and pay once they receive the product.

 

CromaRetail.com is a popular shopping website that has thousands of retail outlets and pan India and same products you can buy online from website. Company has huge product range that includes Laptops, camera, entertainment, home appliances, kitchen appliances, gaming, cameras, mobiles. All products order online will be deliver to customers ‘with in 2-3 working days. From company website you just need to login and can track complete details of your shipment.

 

ShoppersStop is another prominent retail outlet chain that started selling products online. Company has hundreds of stores in PAN India and all are located in prominent locations. All the well known brands has been selling products on website and store that includes brands like Calvin Klein, Barbie, Being Human, Levis, L’Oreal, Ray Ban, Celio etc. From online website you can order, track your order, can exchange the products that you have bought online.

 

Grabmore.in is another growing shopping website that sells everything from Jewellary to appreal online. From company website you can buy the products of prominent brands like Sony, Samsung, LG, Toshiba, Morphy Richards, Philips, Nikon, Canon, Panasonic, Apple, Nokia, HTC, Belkin, Sandisk, Seagate, JBL, Skullcandy, Asus . Also have the payment facility of Net banking, Credit/Debit  card payment, EMI, Cash on Delivery etc. Company also provides the option of Gift cards, that user can buy from company website and gift it to their friends.

 

Voylla Retail

Voylla is an e-seller of imitation jewellery and is quite popular among working women and college going girls. The company started its journey in 2011 as portal for designer apparels. Later they shifted their focus on jewellery and since then there is no looking back. This Bangalore based company has its warehouse in Jaipur with 4500+ order per month which is increasing month by month. From toe-ring to designer necklaces, they have everything up on sale on their portal with massive discounts.

Website: http://www.voylla.com/

 

 

Rock n Shop

Founded in the year 2013 at New-Delhi, this e-commerce portal is slowly gaining popularity among fashion lovers. Rock is a fashion e-magazine and shop is its e-commerce vertical offering luxury shopping experience to buyers at their doorstep. They offer elite luxury brands from around the world such as DVF, Chloe, Marchesa, Halston Heritage, Alice + Olivia, Dolce & Gabbana, Victoria Beckham, Stella McCartney etc to Indian customers.

Website: https://www.rocknshop.com/

 

Welcome Cure

Founded in the year 2013 at New-Delhi, this e-commerce portal is slowly gaining popularity

This e-commerce portal is a completely new experience for Indian online buyers. The portal offers reputed doctor’s consultation for patients. Patients can consult a doctor of their choice, irrespective of region they live in. Currently, they offer Homeopathic Doctor’s consultation only.  They have many successful stories of patients recovered from their diseases.

Website: http://www.welcomecure.com/

 

 

School Guru      

Established in the year 2012, Schoolguru is a leading company which handles Online Education Management in Schools and Universities. Started with only a team of 5, they have grown to 125+ and revolutionized Indian Open and Distance Learning also known as ODL. They provide complete start to end online learning solutions to Universities and schools. They recently launched Mobile App based learning which is gaining popularity among students and educational institutes.

Website: http://schoolguru.in/

 

 

Naturally Yours

Founded in the year 2010, Na Naturally Yours is first online organic products portal. They have more than 100 products in 14 categories listed on their website. From last 5 years, they have partnered with many farmers groups across country for their organic products. Their products such as Rice & Millets, Organic Gifting, Seeds & Nuts, Pastas and wide range of ayurvedic products are popular among buyers.

Website: http://www.naturallyyours.in/

 

 

StalkBuyLove

StalkBuyLove is an online fashion retail portal which offers fashionable products inspired from international trends, designs, styles and catwalks. They have Europe based fashion experts for their chic and modern designer products. Based out of Delhi, they are slowly becoming first choice for Indian buyers who love to wear International styles at much cheaper rates. Their products have already been featured in various leading fashion magazines in country such as ELLE, Cosmopolitan, Femina etc.

Website: http://www.stalkbuylove.com/

 

 

Faircent

Faircent is an innovative Peer to peer lending platform. The concept is really new to Indian market. They provide virtual platform where borrowers and lenders can interact directly and can borrowers can borrow money at comparatively cheaper rates and flexible payments. Lenders also enjoy better returns than other traditional financial lending institutes such as Banks.

Website: https://www.faircent.com/

 

 

ZuperMeal

ZuperMeal is a “home-made food ordering” mobile application. The company is based out of Mumbai and offers people to have tasty, fresh and hygienic home cooked food. On the other hand they provide opportunity to “home chef’s” to make cooking a source of income. For now, they offer 3 Cooked Meals – Breakfast, Lunch, Dinner and side meals such as Cakes, Sweets etc.

Website: http://www.zupermeal.com/

 

 

Zeppery

Zeppery is a digital food ordering mobile application. The app is owned by Delhi based start-up company, Inweone Technologies Pvt Ltd and currently provides their services in Delhi-NCR.  They have tied up with many leading restaurants in capital with a fixed service commission and offers heavy discounts and deals for food ordering. They are also aiming to service at railway stations, which makes it unique among other food ordering apps.

Website: http://zeppery.com/

 

 

Voodoo

Voodoo is India’s first price comparison mobile application, which lets user compare prices of goods and services offered by various retailers at their Smartphone only. The app gets an edge as online buying via mobile app is getting popular in India. For now, Voodoo can compare prices of 25 leading shopping Apps such as Amzon, Flipkart, PayTm, SanpDeal, Uber, OLA etc.

Website: http://getvoodoo.in/

 

PayTM – PayTM is a well known Indian e-commerce website which was launched in the year 2010 by One 97 communications. It started with online mobile & DTH recharge, electricity bills etc. Later in 2014, they launched payTM wallet which has now become India’s biggest electronic wallet with more than 40 million accounts. In the same year they started selling various goods at their website, and today it is India’s largest digital goods marketplace. They have funding from Industrialist Ratan Tata and Chinese top e-commerce company – Alibaba Group. With extensive cash-back schemes and marketing, they have become leading name in Indian e-commerce industry. They have their head-office at Noida and regional offices in 5 Indian cities with more than 3200 people working for them.

Website: http://www.one97.com/

 

Kaaryah – Kaaryah.com was established in the year 2013, to cater to the apparel needs of working women. This website has special apparel line of comfortable and well fitted formal wear for working women. They sell western formals such as Shirts, Tunics, Trousers, Skirts, Jackets and formal dresses specifically designed for Indian women sizes. To make their clothes comfortable and well fitted, they made them available in 18 different sizes. Its unique approach and products line, made it popular and stand tall in shred of e-commerce companies. Kaaryah adds 150 new styles every month, giving their customers more choices to choose. They have funding from Industrialist Ratan Tata, T V Mohandas Pai and The Saha fund.

Website: http://www.kaaryah.com/

 

EasyKhaana – Easykahna.com is founded by 22 year old Ayush Anand in the year 2015. This website offers fresh, homely cooked food in Delhi and Gurgaon.  Their target customers are students and corporate professionals, who are living far from their families and are bored of eating same kind of food. Their USP is fresh and hygienically cooked food, available at your doorstep at affordable and reasoning pricing. Unlike restaurants, their food is hygienically packed in disposable packaging. Customers can go to their website and order food in less than 30 seconds.  On financial front, they have raised funding from a private angel investor. The first few months were difficult for them with very few orders but today they cater more than 100 orders daily.

Website: http://easykhaana.com/

 

UrbanClap – UrbanClap is a mobile services local marketplace founded by Raghav Chandra, Varun Khaitan and Abhiraj Bhal at Delhi. It helps people in finding right service provider for daily activities such as carpentry, plumbing, wedding planner, yoga teacher etc from one’s local market. The whole procedure is very simple and one can book a service in 3 easy steps – step 1- place a request, step 2- Get quotes form urbanclap service providers and step3 – chat with them and choose the one which suits your requirement and pricing. Unlike other local market search engines, they only partner with trusted professionals which are verified by them. Currently they are providing services in four cities- Delhi, Mumbai, Bangalore and Chennai. They have risen funding of Rs 10 crores from SAIF Partners, Accel Partners and the founders of Snapdeal.

Website: https://www.urbanclap.com/

 

Twigly – Twigly is another food provider startup company launched in the year 2015. Twigly offers international cuisine specially made by their professional chefs with fresh ingredients and is sold at 20-30% lesser prices than popular fast food chains. Their fresh sandwiches, mouthwatering pastas, awesome salads, snacks and delicious deserts at affordable pricing are becoming popular and talk of the town. They change their menu daily, hence giving more variety to food lovers and also has a flat 45 minutes delivery. Currently they are catering to Gurgaon and Delhi only. But they have plans to expand it to other cities. They have got funding of US$200,000 from incubator TracxnLabs and several angel investors.

Website: http://twigly.in/

 

HomeStudio – Homestudio.com is a home furnishing website that offers thousand of German inspired and manufactured furniture range at just a click of your mouse. Their product line includes modular kitchens, beds, TV units, wardrobes, shelves, kid’s furniture, shoe cabinets, wall units, desks etc. They have joined hands with German based Nolte group to manufacture their outstanding furniture range. They also offer free interior designing services and takes just 3 – 4 days in installing entire home furniture. All of their services are carried out by well qualified professionals and workers. Their furniture range has unmatched quality with German designs and are available at lesser prices than exported furniture.

Website: http://homestudio.com/

Futurebazaar.com – Known all over as one of the best and leading online gifting store and a shopping shop front, it has been accessed on a vast scale by people from all over the country. Being an integral part of the online reckoned and renowned group that is Future group, the platform assures and understands the emotions and feelings hidden behind gifting. At present, the platform is into selling of gift vouchers and aims high to slowly and gradually expand over the time being. Aspiring to become one of the country’s largest and most famous gifting portals, at this marketplace you can shop gifts and items for your special ones having multiple payment choices and criteria’s including net banking, credit or debit card banking, mobile payment, cash card and more. So, keep on gifting and showing your true love and concern to loved ones by availing this platform services. Popularly reckoned as the country’s gifting bazaar and web portal, one can get a wide range of appliances, electronics, computers, gifts, mobiles, home and living items, lifestyle, baby and supermarket products, kids items and more at this platform easily. Adding to this, it is the home and a digital commerce platform to pioneering and reputed retailers including Central, Big Bazaar, Home Town and more. The service delivery of the platform is across more than 2000 cities and covering more than 8000 pincodes all across the country. Introduced in year 2007, it has been serving impeccable services, delighting clients all over with outstanding prices, ease and convenience of them and having a huge portfolio of more than 20000 products.

 

 

Univercell.in – It is one of the pioneering and acknowledged e-commerce platforms that have been dealing in topmost mobiles, tablets and accessories. Started and began its operations in year 1997, over the time frame it has been a great hit and widely been accessed and preferred by people all over the country. One of the key reasons behind its huge success is the capability of the platform to sustain, allure and build a motivated, dedicated and spirited workforce. As per the stats, more than 200,000 people are purchasing handsets and accessories from this platform every month and this is actually the largest and biggest any retailer had in India. Having a huge client base of approximate 10 million involving celebrities, reputed and leading organizations and high profile users and consumers, it is known to be the foremost mobile retailer that implemented theft insurance and accidental damage for your mobile. Along with this, it pioneered the way through the mobile and accessories industry providing bill and warranty on each purchase. Offering exchange offers and deals from time to time, it is actually one stop platform for all your diversified mobile related needs.

 

 

Smartshoppers.in – It is one of the reputed e-commerce platforms offering a fully fledged range of digital products as well as services with a prominent vision to be a ruling leader in the online store and web industry. Working and following a B2C model, it has been operating and been running with core competence on quality products and brands, superb and excellent deals and offers, a vast collection of digital products services and solutions to its consumers all across the nation. The company has strategic alliances and tie-ups with best and leading international makers, suppliers, and importers directly assure to serve competent and efficient pricing and bridging up the gap in venturing and unleashing the modern and latest gadgets in the market capturing a substantial market share. Adding to this, it has pioneering and reckoned brand owners including Philips, Apple, Samsung, Sandisk, Sony and more, delivering outstanding value and quality from product selection stage to placing the order to the final execution and delivery directly at your doorstep. In fact, the brand has an in-house delivery system and warehousing and full end to end control over the comprehensive and complete ecosystem of e-commerce involving merchandising, web technologies, logistics and customer service. Highly dedicated and committed to cater a happy and delightful user experience, it follows client centric approaches and practices involving free home delivery, 15 days money back guarantee, multiple payment choices etc. that make shopping over the platform fun and a pleasing experience.

 

Overcart – It is one of the acknowledged and leading e-commerce platforms preferred and visited by people in a large scale from all around. Known and renowned as country’s first marketplace for unboxed, over stock, pre owned and refurbished products, it is well known as the safest and securest place for you to buy secondary based products. The platform follows integrated quality check process, unique and unparalleled customer focus and product knowledge, it offers a large variety of mobiles, tablets, accessories, consumer electronics, and much more at extremely affordable prices. This is true that good electronics and gadgets are expensive and there is always a way around to get each one of them including SmartPhones, cameras, mobiles, accessories and more that provide you the same level of satisfaction of new products and items and that too at extremely down to earth and lowered prices. Offering free and fast shipping facilities, you can trade in for products anytime and from anywhere. Having its office at Gurgaon, India, one can get in touch with them at any time and discuss their concerns and queries with them. Adding to this, the platform offers cash on delivery choices too. Providing excess stock, unboxed and refurbished products, they are sealed and come with full warranty time zone. The platform also has a chatty customer care functionality and expert staff who will assist you to navigate through issues and concerns without any problem. For every purchase, you will get some credit score that you can use to buy more stuff.

 

Swiggy – It is an aspiring food ordering as well as delivery service provider that is based in Bangalore, India. Inspired and motivated by the thought of providing a fully fledged solution of food ordering and delivery from the leading and top-notch neighbourhood restaurants and food joints to urban foodie and lovers, it provides people a single window to place order and get food from one of their favourite food chains and outlets. Backed with their own personnel staff to pick up orders from food joints and restaurants and deliver the same to customers, the platform offers customers flexibility to provide clients no minimal order policy along with facility to accept online payments for all the restaurants with which it has been working with and partnered with. Adding to this, the delivery staff and people takes one order at a time assuring faster and reliable services.

The Mobile Store Limited – India’s renowned conglomerate group – ESSAR Group, which is engaged in Energy, Metals, Mining, Telecom etc, entered in retail business of Mobile Phones in the year 2006, by establishing subsidiary company – The Mobile Store. Their first store was launched in Mumbai and today they have 1000 stores across 150 cities in the country. They are among the first Indian retailers of Mobile Phones and Smart Phones. With trending e-commerce industry, they opened their online retail website – themobilestore.in. Unlike other e-commerce websites, this website is completely dedicated to Mobile & Smart Phones and related accessories selling. With this website, buyer can enjoy the same benefits of buying a phone from their retail stores. In addition they come up with some additional deals and discount offers at their e-commerce portal.

They sell domestic and international brands Smart Phones at their stores. Some of their best selling brands are Micromax, Karbonn, Samsung, Gionee, Oppo, Vivo, and Intex. They also sell brands like Apple, Sony, Microsoft Nokia, Motorola, LG and other renowned international brands. Along with phones, they sell accessories such as Headphones, Storage Cards, Power Banks, Screen Guards, Mobile Cases & Covers, Data Cables, Chargers, Mobile Speakers, Bluetooth Speakers, Wearable’s etc. With Smart Phones and Mobile Phones, they sell connections of Airtel, Vodafone, Idea, Reliance, Aircel, and Tata. In a nutshell, a buyer can by complete package of Smartphone from this site at competitive price.

This retail chain and their e-commerce website got popular among buyers, because of their irresistible offers on buying of phones. They come up with different offers such as free goodies and cash backs on monthly basis and on festivals. Their offers and deals are hugely popular among youngsters. Another unique facility that this website offers is “Buyback Facility”. User can easily sell his or her old mobile or smart phone on their website. User has to fill in necessary details like Model Number, IMEI Number, Handset Year of Purchase & Condition etc and they will get back to you with their price offer. And if user is OK with the price, they buy user’s old phone.

Recently Funded Ecommerce Companies

 

Portea is leading healthcare ecommerce company that has raised $37.5 million Series B funding in september 2017 from the existing investors Accel and International Finance Corporation (IFC), a member of the World Bank Group; Qualcomm Ventures, and Ventureast. Company has planning to use this money for hiring right talent of industry and expansion of operations. Presently Portea has operations in  24 cities and has been growing at tremendous pace.

 

Ola cabs is the leading cabs company that operates from mobile app and has operations in PAN India. Company has recently raised funding of $225 Mn (INR 1,478 Cr.) that company to uses for expending operations. From the mobile app of Ola Cabs, customer can book cabs for anywhere in city and reach their destination on time.

 

CureJoy is another ecommerce company that works across Fitness & Beauty and recently has received seed funding of $1.15 Mn funding from by Accel Partners.

 

Plabro Networks is a mobile real estate ecommerce company that has recently receive the funding of $350K from achin Bansal & Binny Bansal, Sol Primero, Outbox Ventures.

 

Paintcollar is a plateform for online designer to grab freelance work. Recently Company has raised funding to expend operations.

 

Chai Point another famous ecommerce startup that delivery Tea at your door step has raised funding $10 Mn from Eight Roads Ventures.

ARE YOU MAKING ANY THESE SEVEN MISTAKES SELLING ONLINE?

Ecommerce continues to boom. Last year there were 1.66 billion people buying online. This is anticipated to rise to 2.14 billion by 2021. It makes sense that you want to fully capture and exploit this market as a cycle and cycle accessory retailer. This is also largely unchartered territory. There is no defined rulebook and the goalposts of e-commerce can feel like they are ever changing. However, when we take a closer look at other cycle and cycle accessory retailers and the mistakes they are making, there are usually some common sticking points. Are you making these 7 mistakes in ecommerce? And if so, what can you do to change?

      #1 – Not using social media to monitor competitors

Your competition, when selling online, is astronomical. You’re not simply competing with the other stores within a few miles, but with every store, potentially globally, that sells the cycles and accessories that you do.

That means you’re competing against others, not just in terms of specific products, but also ones which might meet a need more appropriately, or come as part of an enticing package. You’re competing in price against competitors who perhaps don’t have such large overheads, especially if you have a physical cycle store as well as online presence. You’re competing against competitors who have different supplier relationships, a different USP, or perhaps exceptional customer service.

The reality is though, you don’t know what you’re competing against unless you go and really do some homework. The simplest and easiest way to do this is by harnessing the power of social media. Monitoring competitors on social media will not only give you an insight in to pricing and promotions, but essentially, it will give you insight in to their customer base. In addition, it will give you powerful insight in to what they do well, and how they do it. Go take a look and see for yourself.

      #2 – Not price monitoring competitors

When it comes to ecommerce, you need to be the ultimate price spy. Your pricing strategies are the big difference between success and failure as an ecommerce store. Yes you can dress up the store how you like aimed towards your customer base, you can aim for outstanding customer service and seamless deliveries – both will help – but the single biggest defining factor causing a customer to choose you over a competitor is price, and then later, loyalty.

Unlike offline retail, in ecommerce cycle and cycle accessory stores, price is easily comparable and becomes the most prominent distinguisher between retailers. The customer isn’t experiencing your wonderful customer service until they’re already far down the process of deciding to purchase from you. What gets them to you is simple: price. Competitive pricing is absolutely paramount. The way to do this is through price monitoring your competitors.

You could use price comparison websites, or a basic price tracker. However, these don’t generally give you the drilled down insight that you need to ensure your pricing strategies truly work. Instead, you need a tool which uses wiser monitoring to be a price compare tool that really helps. Competitor Monitor does just that.  You get the valuable information on competitor pricing of key cycling retail competitors on key cycling products.

      #3 – Not promotions monitoring competitors

Whilst we’re on the subject of price monitoring, using a price tracker itself is missing one enormous trick: promotions monitoring. The ecommerce customer has the world of your product at their fingertips. In a few clicks they can find the same product, in the same delivery time, on sale.

Therefore, you’re quickly behind the game. Your promotions need to set the trend, as well as being reactive. This way you can always harness the power over your competitors. The only way to do this is with a price spy tool which actively identifies the important promotions from the key competitors and reports on how these will affect you. There are several such price monitoring tools available in the market.

#4 – Not retargeting website visitors

Remember, your customer isn’t required to make multiple walks up and down a high street, or visits to another retail park, to do their price comparisons. They have the tool in the palm of their hand to click back and forth between different cycle retailers before making their ultimate decision.

This means that you need to take retargeting seriously. Retargeting is how you gradually lure the customer back in and towards making the purchase from you, not your competitor. It’s the pop-up which makes them think twice before closing the tab with your store on it, it’s the offer that lands in their inbox at just the right moment, or the banner ad on Facebook – all due to some handy cookies which follow where your customer heads to and what they are planning on doing.

#5 – Not monitoring competitor stock and inventory

The average price tracker may well flag up a great price on a competitor’s website leading you to believe you reactively need to lower your price to match. Conversely, it may be high making you believe you can push your price up. However, look more closely. It’s easy to play games with prices when the product isn’t in stock. You need to utilise price comparison tools which actually undertake competitor analysis, such as whether a product is in stock.

      #6 – Not segmenting customer profiles

Not all customers are created equally even if they are all cycling fanatics. They are individuals behind their keyboards, but generally they will fit in to a distinct profile of characteristics. By looking at characteristics such as demographics, location, and purchasing history, you can begin to target customers more successfully. Taken in partnership with competitive pricing, this can make for incredibly powerful pricing strategies.

#7 – Not streamlining the purchase funnel

The last mistake we tend to see being made is not streamlining the purchase funnel. All customers are on a journey which takes them through awareness, opinion, familiarity, consideration, preference, purchase, and ultimately, loyalty. At each step of the way you naturally lose potential sales. However, for many ecommerce businesses, you are losing more than you need to by not streamlining the purchase funnel for them.

This is where a pricing strategy and a marketing strategy need to be working hand in hand. From your PPC adverts and Facebook adverts, through to social media branding and promotions, there needs to be consistency which easily moves your customer along the funnel towards purchase.

Conclusion

Ecommerce can be an immensely profitable marketplace for cycle and cycle accessory retailers, but you need to avoid the pitfalls in order to maximise on potential customers. By avoiding the above 7 common mistakes in ecommerce you can increase your chances of success. In short:

  • Use social media to monitor competitors
  • Use smart price monitoring by Competitor Monitoring Tools
  • Ensure your price tracking includes promotions monitoring
  • Retarget all website visitors
  • Monitor competitor stock and inventory
  • Segment customers according to their profiles
  • Streamline the purchase funnel

WHAT SHOULD SELLERS LOOK FOR – REVENUES OR PROFITS?

The truth of online selling is – every seller who comes on digital media is there to make profits. After all, why else would he or she pay fees to Flipkart, Amazon and many other platforms who allow him space to showcase his products? There is no reason or rhyme in going online until a seller is clear about the kind and magnitude of profits he wishes to make. But let us tell you one cruel truth as well – sellers may not start making a profit from the word go immediately after going digital. In the initial phase, they have to stay contended with the revenue part. Let us first explain the difference between Revenue and Profits.

Well, revenues are distinct from profits and yet they are quite closely linked when it comes to selling online. Revenue is the sum of all incomes a seller brings in through his sales activities or his main line of business online. Profit, on the other hand, is the term given to the amount of money left over from that revenue after all the seller’s expenses are deducted or paid.

Small or medium-sized online sellers have been seen to value revenue a lot because it is just as crucial for their business as air or water would be for a human being. Without the inflow of enough revenue, their business cannot survive. Sales revenues accruing to them online cover a rather wide range of costs. These include costs of doing business, paying off debts and purchasing additional stocks of inventory, etc. Higher revenue over a period of time is usually indicative of a company’s growth and provides a straightforward metric which lets them compete with their competitors. For any online seller, revenue numbers are a sure shot way to impress lenders and investors and portray the business as a profit making a company.

When it comes to profit, it can be just as valuable as revenues to an online seller company. Profit margins vary a lot and usually, companies consider the owner’s compensation as an expense along with other labor costs. This, in turn, makes it possible for an online seller to survive and grow steadily, simply by breaking even every month. However, a healthy profit margin is the ultimate goal for every seller as it enables them to save or invest additional cash in case of diverse market conditions. There are periods when sellers face stiff competition from various marketplaces and other sellers that have more aggressive pricing strategies. Thus, previously saved profits let them compete with such conditions without having to lose their market share.

So to put it straight, there is no black and white here, but rather many aspects that make sellers chose one over the other when it comes to choosing between revenues and profits. However, for a traditional seller who worries more about the PROFIT thing, we present 3 tips that will help maximize profits –

  1. Do not underprice your goods. Sell good quality at a good profitable price.
  2. Do not offer any FREE Courier or services in case you plan to offer discounts. Spoiling the consumer with many offers means ruining your profitability.
  3. Be very clear in your money-receiving terms.

SECRETS OF A SUCCESSFUL ONLINE SELLER

Online selling being such a hot topic of discussion, there are no secrets left! In fact, successful are those sellers/retailer who started early and on multiple platforms. Sellers who did not stick on to just eBay or Amazon ended up making more profits than others. The reason behind this is simple. Every buyer surfs Google extensively before buying a product online. He or she would check both Amazon & Flipkart as well as a plethora of other shopping websites just to check the most competitive price and quality before taking the final decisions. So the real wisdom lies in registering yourself with the best online selling portals and one step ahead would be to have your own online store as well.

However, for the beginners and those sellers who are really keen to leverage with online selling, here are the secrets of becoming a top online seller that will help you become a top online seller on Flipkart, Amazon, PayTM and many such leading digital selling websites –

SECRETS 1 FOR ONLINE SELLER – CHOOSE YOUR GENRE CAREFULLY

Does a seller have the choice to choose the genre of products he prefers to deal in online? Well, yes. For a mobile phone seller who has his own shop of mobile phone and accessories, it may not be very lucrative to go online offering the same things as there is huge competition and people are selling mobile phones at dirt cheap price. Moreover, the buyer also acts kind of fussy while buying mobile phones. In that case, the seller can experiment by choosing to start with accessories which sell well on all digital platforms. Again, the key here is to put up unique offerings like personalized mobile covers, good quality mobile cases, mobile covers in all latest and fashionable designs etc.

SECRETS 2 FOR ONLINE SELLER – MAKE BUYING AN EASY PROCESS FOR THE BUYER

This is what will bring you on top because buyers prefer to deal with sellers who make online shopping fun and easy for them. Give them FREE Delivery or Cash On Delivery payment option but make sure that you do not end up incurring losses while providing such offers. Other tempting things in this can be to offer SAME DAY DELIVERY in select cities. This will surely get you more customers than your competition.

SECRETS 3 FOR ONLINE SELLER – MAINTAIN GOOD COMMUNICATION

This is one secret not many online sellers would know or accept. It is important for an online seller to get good Feedback and Reviews published with its name on every digital platform. That’s how you will be able to influence more buyers! So when you have delivered a good quality product to a customer who has made the payment as well; send him a personalized email asking for feedback or to write a good review. Most of the buyers respond to direct communication and leave good words when they get good products. All these reviews would help to increase your credibility and ultimately a sale.

And one final tip – Do not forget to make your products look visually attractive with nice pictures and clear persuasive content.

ONLINE SELLING BENEFITS FOR SMALL TRADERS

Times have changed and the internet has significantly changed the way people shop and trust brands. In earlier times we had brand stores to shop with those fancy stores. There was hardly anyone crossing could resist from entering through this prevails but now the shopping is more of a digital one. With millions of options on the click of a button in comfort of your home, who wouldn’t go for online shopping?

When we talk about small trades I think they are benefitting the most out of this. They have more opportunities to be visible to global customers, 24*7 and they can save on the cost of the showrooms which they otherwise would have to invest on! And trust me it isn’t easy to match up to the location, interior and the large space these big brands spoil their customers with. This is a great opportunity for small traders to manage their business from anywhere in the world.

LET’S LOOK AT FEW OF THE MANY BENEFITS SMALL TRADERS ENJOY!

LOW COST

Online selling doesn’t require much initial cost, but yes as you start selling, there would be a certain amount that you will have to pay. Take examples like a fee for payment gateway, merchant account, fixed transactions and % transaction fee. Which is still much lower than required to open a fancy store.

EASE OF OPERATION (GEOGRAPHICAL)

Doesn’t really matter where you are selling from, as long as you are providing a quality product and making it reach on time, your buyers are ready anywhere in the world. You don’t really have to be located in Switzerland to sell the Swiss people some spices, they can access your website and you are good to go!

MAKE CHANGES IN A JIFFY!

From changing your product catalog to changing the price of the product everything can be done from the backend in no time. Which would be quite time-consuming in a physical store sometime?

CUSTOMER DATA ANALYSIS

Last but not the least, customer data can be analyzed and studies, which will give an insight into the customer’s behavior. What a particular segment of customer likes to purchase and which products are the fastest to sell out. These reports help you to keep your inventory updated and bring out some interesting offers for different segments of customers.

Lastly, how you manage your online business on the type of products or services you offer. One can use the internet to run an online shop, manage suppliers; communicate with your customers, study competitors, etc, There is no end to the world of online selling and to some this is just a beginning, a beginning that can reap great benefits to even the smallest of businesses.

GUIDE FOR WANNA BE SELLERS FOR ONLINE SELLING

Planning to sell online? You definitely need to prepare yourself, the biggest and smallest of ventures require preparation. When you will be prepared, you are ready to face the good and the bad of online selling. It does come with strings attached and here’s everything you need to be prepared before stepping into this field:

INITIAL CAPITAL:

Without money, you can’t even think of starting any business so same applies for online selling! with the limited capital, you stand at a risk of not being able to rejuvenate your business. In case you face losses, leaving apart the future prediction! And there is an upfront capital required like marketplace fee which involves commission fee, shipping fee, and collection fee. Apart from all this the place where you store your items, i.e. warehouses cost, product cost and at last but not the least legal registration. And splurging a little on a quality good will do you no harm!

LEARNING ABOUT THE E-COMMERCE STOREFRONT YOU CHOOSE:

Yes, that’s a very important step, with so many sites to choose from it is important to know, which one you will finally sell-on and understand the rules for each site. They are not same for every site, some might charge you more than others and few might have strict policies. Few might be lenient in approach now it’s up to you to decide where your target customer might be and reach out to that site. Also, some e-commerce sites are product specific and not let you sell anything and everything, hence keeping that in mind you need to take your decisions.

BUYING ALL THE SUPPLIES BEFORE YOU LIST THEM:

This is a very important thing to consider, not being able to deliver what you have committed can leave you in a bad light. Your supplies have to be ready, laying a firm foundation for your future profits is important. The kind of trust your buyers will have on you might vanish in seconds if you do not deliver what you promise Also if you do not deliver it within the given deadline can affect your feedback badly. Sometimes certain products might do better than you expected and that is something you need to study in your market. Do research and come up with an inventory which has sufficient supplies.

Not being able to fulfill your commitments can also get you delisted, so keeping that in mind be prepared with your items.

CUT THROAT COMPETITION:

Even if initially you are the only one selling the particular product and it is selling well, don’t just leave for a beauty sleep cause your nightmares might start while you are not awake. you might see few sellers sprouting from nowhere and selling the same product! Yes, it is a competitive market and in no time you might be losing the race. So keep a watchful eye and have your ideas handy! have a plan for positives and negative which might happen.

The world of online selling is extremely competitive, with much lower costs involved than that of brick and mortar shops. People rush towards online selling makes it extremely crowded. So it’s important to have an edge over others and have a plan in hand!

Although it might seem like a daunting task, but all you can do in it is, keep your business simple when you start and expand as you learn and grow. Being prepared should be your initial focus.

Posted by Lynda Boyce

Why Amazon is one of the best e-commerce site design in India

Best e-commerce website design
One of the basic prerequisites for online selling is an e-commerce site that is easy to use for the customers. In a previous post, we spoke about why sellers prefer online marketplaces over personal e-commerce sites. This blog lists down the various features that make Amazon one of the best e-commerce site designs in India.
Simple UI: A simple and uncluttered user interface is paramount to create a good customer experience. Information must be readily available to the user. This means that the icons and buttons must be self-explanatory, error messages must convey the issue and general usability should be easy. Additionally, having personalised recommendations improves user experience. Amazon has all these features and more, that make it a great shopping experience for your customers.
Responsive and Mobile-friendly: The mark of a good design is a responsive website. Also, since a major chunk of customers browse sites through mobiles, it is necessary for the website to be mobile-friendly. Amazon has a highly responsive design, which makes it easier for the customers to access it through any device.
Navigation: Ease of navigation is another feature that makes Amazon stand out from the rest of the e-commerce websites. The customer is not confused about what their next step is as the flow from searching a product. Browsing through them, adding it to the cart and checking out is extremely seamless.
Page loading: When a page takes a lot of time to load, a customer may lose his interest in the product and in this process you may risk losing out on that customer. Therefore, performance is a major aspect of a good design. The website should be able to load quickly even with slow net speed. Browser compatibility is another aspect of a good design wherein the website should be able to work on browsers whether they are old or new.
Easy checkout process: After adding a product to the cart, if a customer faces issue with checking out he may lose trust in your brand which is why having an easy check out process is highly important. Amazon provides a hassle free check out experience to its users. Additionally, there are various methods of checking out through cards, netbanking, wallets and cash on delivery.
Product discoverability: There are two ways a customer can find a product. One is by searching directly through the search bar and the other is through the navigational bars. In both the cases, discoverability of the product is extremely easy. Amazon ensures that your product is not lost amongst the other products. Also, recommendations can help the customer with related products as well.
Considering the above mentioned features it is very convenient to sell online at Amazon than create your own e-commerce site. Additionally, selling on Amazon saves you the cost of creating a website, maintaining it and updating it regularly. To reap the benefits of selling on Amazon, you need to be registered as a seller first. Register yourself here and begin your online selling journey today.

How to Register and Sell on TataCliQ

sell on tata cliqHow to Register on TataCliq

Ever since the launch of TataCliq in 2016 sellers have shown their interest to register on the platform. The current link Sell with Us on the website tatacliq.com takes you to a page telling you to drop a mail at partner@tatacliq.comAll mails to this ID bounce and show an error. You have no other option to register.

Read this article to understand the procedure to register with TataCliq.

First drop a mail to sellersupport@tatacliq.com with the following information

  1. Name –
  2.  Contact no –
  3. Email Id-
  4. Category –
  5. Brand name –
  6. Location –

You will receive an automate response. Follow up with them by dropping regular mails on the same chain mail.

After few days you will receive a mail from the category head. In order to enrol you need to sign and stamp on the agreement document sent by them. The agreement has to be printed on a Rs 300 stamp paper. You need to print an Annexure, which contains commission details, on the company letter head and sign it. Send the documents to the following address.

Tata Unistore
First floor, Empire Plaza 2
Chandan Nagar
LBS Marg, Vikhroli West
Mumbai-400080

Once they receive the documents you will receive a mail containing “Seller Registration Form” and “ECS Form”. You need to fill these documents with relevant information and send it through email along with the following documents.

Document Required (Scanned Copies)

  1. VAT & CST copy
  2. Pan card copy
  3. TAN Copy (If Available)
  4. Service Tax Copy in case of any services billing
  5. LBT registration copy for Maharashtra – Municipal corporation wise (If available)
  6. CIN Copy (from ROC)
  7. Cancelled Cheque
  8. Company Logo
  9. Bank confirmation on electronics clearance form (Refer Attachment)
    •  Is to be filled on company’s letterhead
    • Need the bank’s stamp
    • You may send across a scanned copy of the signed and stamped document

Seller Registration Form (SRF)

  1. To be filled with all details pertaining to the registered company
  2. Must contain a list of all documents that you have provided to us as soft copies
  3. You may send across a scanned copy of the signed document

The Registered company name, Name on the PAN card copy and the name in the Bank details must be the SAME.

Seller Account Registration:

  1. Email ID: They will use this email id for Seller Account Registration purpose (Please note once the email id is registered, there is no provision to change it)
  2. Fulfillment Centre details: For multiple fulfilment centres, share different email id per location.

You also need to send a catalogue of products.

Few Advantage of TataCliq over other marketplace

  1. Flat commission is charged. No separate charges such as listing fees and logistic fees.
  2. Choose the Pincodes that you wish to service. That’s right you can decide whether to deliver in certain locations or not. This feature will be in control of your account manager.
  3. No return logistic and commission charges.(Currently)

TataCliq Pin Codes Restriction

Hopefully this article helps you get started on Tatacliq registration. There are many categories that they have yet to launch. Don’t be disappointed if your category does not exist, they will add them soon.

GST’S impact on E-Commerce Marketplace Sellers

Impact of GST on E-Commerce Marketplace Sellers

India’s e-commerce market is estimated to have crossed Rs. 211,005 crore in December 2016 as per the study conducted by Internet and Mobile Association of India. The report further claim that India is expected to generate $100 billion online retail revenue by the year 2020.

The uprising of Electronic Commerce in India has also resulted in conception of online marketplaces. A Marketplace is an e-commerce platform owned by the E-commerce Operator such as Flipkart, Snapdeal and Amazon. Some of the features of a marketplace model are:

  • Marketplace enables third-party sellers to register and sell online on their platform.
  • Marketplace charges a subscription fees/ commission on sale value from listed sellers.
  • Third-party sellers under this model gain access to a larger customer base, registered with marketplace.
  • Customer on the other hand gain access to multiple sellers and competitive prices for desired products.
  • Items purchased on such marketplaces are either shipped by Merchant/Third-party seller directly or through the fulfillment center managed by Marketplace Operator.

Government has also allowed Foreign Direct Investments under such model to promote e-commerce marketplace business model in India.

Marketplaces has provided retailers with additional channel of sales and reach which was unimaginable for an offline seller. Major marketplaces claim to have lacs of sellers affiliated with their platform with millions of SKUs. While the number of sellers and their business have increased significantly, GST has specifically taken up marketplaces and has come out with rules & regulations specific to this segment.

Introduction of these regulations requirements has compelled the online seller community to embrace GST regime. Some of these compliance are:

No threshold for GST registration: Government has specified a threshold limit for all the businesses. A business is liable to register under Goods and Services Tax once such threshold limit is breached. However  such limit is not applicable in case of E Commerce sellers. All the businesses carrying out e-commerce activity are required to get registered under GST irrespective of their turnover.

No Benefit under Composition Scheme: Most of these sellers registered with marketplace operators are small and medium businesses. Government has introduced composition scheme under GST law. This scheme is primarily aimed to reduce the burden of compliance for small and medium businesses. Under this scheme, businesses are required to file returns quarterly instead of monthly and pay taxes at nominal rates up to 2%.

However GST law has explicitly excluded e-commerce businesses from this scheme.

Tax Collection at Source by Marketplace Operator: Under the new tax regime, marketplace operators are mandatorily required to deduct a percentage amount as the GST liability of seller and deposit it with government. This mechanism is being termed as “Tax Collection at Source (TCS)” under  the GST law. Eventually the marketplace seller will have to file monthly return under GST to claim the credit of TCS collected by the marketplace operator. This will also impact the liquidity and cash flow of these sellers.

While all the marketplace operator have already completed the first level analysis of impact of GST on their operations, marketplace sellers are still unaware of these rules.

Need of the hour is to keep themselves aware of the changes that are going to come. Also such sellers should now start planning their transition strategy for GST regime.

Some of the key points that should be kept in mind are:

  1. Get your GST enrollment done on time.
  2. Plan your logistics and warehousing requirement carefully.
  3. Adopt such platforms, technologies which will enable your business to be GST compliant.

Although we are at a very initial stage for GST implementation. But marketplace sellers may not have much luxury of time and it is advised to be proactive in your business decisions for GST transition.

eVanik: Assisting Retailers to Operate in Multiple Marketplace Channels with Ease

eVanik: Assisting Retailers to Operate in Multiple Marketplace Channels with Ease

mayank_kumar_evanik_networksThe accession of e-commerce in the industrial economy has been affirming to the advantage of the SME sector. The SMEs often face challenges in terms of credit and finance and some struggle in augmenting businesses, adding more demand channels and connecting with the right set of suppliers and customers.

eVanik Networks Private Limited, with headquarter at Noida is an online ecosystem that enhances and manages businesses of online and offline sellers and retailers by seamlessly connecting them to their neighbourhood online end customers. Since its inception, eVanik has emerged as a trusted business tool provider (service provider/ confidence provider) for sellers, retailers and marketplaces.

Being one of the fastest growing cloud based services platform for SMEs and retail stores, eVanik focuses on fuelling growth for SMEs and retail stores in India. The company has designed a multi-dimensional platform that assist SMEs to connect with additional demand channels, there by streamlining and augmenting their business efficiencies. By incorporating cloud based POS for hyper local retail stores, the platform also provides ancillary service connections that include working capital, insurance, logistics, web-stores and marketplaces.

Further eVanik enables centralized warehousing, order processing and return management for the customers selling across multiple online spaces. These distinct features and integrations allow retailers to manage their orders,inventory and payments from multiple channels to a single interface with detailed reports thereby triggering real time checks bringing confidence and improvement in short time.

eVanik’s Comprehensive Attributes

eVanik has identified Digital Services as a key to the growth of SMEs. Predominantly, online presence of an SME differentiates its offerings by allowing reaching to a larger audience and induce a faster connect with customers. Therefore, eVanik propounds digital webstore, marketplace or any other web based automation service. “Some of the modules that we have developed for our clients include WMS (Warehouse Management System), DMS (Distribution Management System), GST Connect (Automation of GST related invoice uploading and compliance requirements) and CRM”, adds Mayank Kumar, Co-founder, eVanik.

“The company has designed a multi-dimensional platform that assist SMEs to connect with additional demand channels”

The computer-driven store simulation techniques is rapidly gaining momentum among consumers to achieve their business objectives, through personalized user experience. Aligning to the trends, eVanik extends its Cataloguing and On-boarding services with an auto mapping recommendation engine that converts simple files into e-commerce friendly and detailed catalogue. Moreover, eVanik’s OneWorld suite supports integration of orders, inventory and payments into its inbuilt accounting module. With features such as order to invoice, inventory reconciliation, POS module, purchase management, manufacturing module and tax management, this platform wins over most existing stand alone accounting software.

While attaining strategic tie-up with leading banks and NBFCs, eVanik has also aligned with many eminent and well established supply chain and logistics companies in India. By delivering digital lending process, the company has assisted over 50 SMEs to obtain customized lending and loans through these financial institutions. Furthermore, in less than five months of a beta launch, eVanik has already served 3000 SMEs using the platform. eVanik envisages to become one stop digital automation and digital support solution for accounting, ERP, supply chain, omni channel management and ancillary services through a digital route.

Published by CIO Review (20 Most Promising Retail Solution Providers)