Paytm plans huge for their e-comm marketplace division 17/09/2016
Paytm, one of leading marketplace founded by Vijay Shekhar Sharma, Chinese biggie Alibaba is one of the largest investor. As reported in Econimic Times, Paytm management wants to focus more on e-commerce marketplace business and plans to invest additional Rs.1,000 crore in order cope with the high competition in this segment. Paytm, orginally started as a digital payment solutions, moved to e-commerce marketplace model in 2014.
Dabur retains its usual clientele- impervious to Patanjali’s fame30/06/2016
With many FMCG top leaders combating amongst them to entice more and more consumers, Dabur still sticks on the same place where it has been since ages. Despite the big companies like Patanjali, Tata, etc., making continuous efforts to creep in with less costly products, Dabur vouching for its quality remains unbaffled. In fact, Dabur appreciates the way these companies are spreading health awareness among the populace.
Shops and malls can open 24/7 and 365 days30/06/2016
To add to the zeal of modern retailers, the Union Cabinet has agreed upon the proposed ‘Model Shops and Establishments act’ which states that retailers have the right to keep their business ongoing for each and every day of the year. Now, the retailers stay a fair chance to keep their shops opened 365 days a year. However, as per Cabinet, the duty lies with state government to abide by Central govt. approved model Act for retailing.
Experiential stores - new way to get the customer confidence for e-tailers28/06/2016
Pepperfry’s eighth offline experiential store is now open in Hyderabad. Here customers have the option to check out for various furniture that is only available on their online store. Some architectures and interior decorators are always present at the studio to help the customers find the right product and also to give them interior related advice. Here customers are allowed to touch and experience the furniture by themselves.