Your shopping cart is empty!
Welcome visitor you can login or create an account.

Discounts hurts the online companies - Sachin Banasal, Flipkart

Write By: admin Published In: e-commerce News Created Date: 2016-12-05 Hits: 334 Comment: 0

Sachin Banasal, founder of flipkart feels that the huge discounts given out by the e-commerce companies hurting their bottom line.

Sachin Banasal, founder of flipkart feels the huge discounts given out by the e-commerce companies hurting the bottom line. This as reported in economic times, in order to compete with the MNCs the home grown companies has to give huge discounts in order to attract the customers which is hurting the e-commerce companies. 

This being an issue from the day one for e-commerce companies, in order to promote their websites and attract more and more people to online shopping, they had to lure the customers with huge disocunts. This  along with the operating cost affects their profit margin.

Leave A Comment

Captcha


Back to Top