Luxury – Home Delivered in India’s zooming Ecommerce

Luxury labels now delivered at doorstep!

 

With the surge in online shopping portals catering exclusive luxury brands, consumers in India seem to have found their luxury fashion fix, says a report in PTI.The desi shopper can now access creations of top notch global designers such as Emilio Pucci, Valentino, Bottega Veneta, Jimmy Choo, DKNY, Gucci, Burberry, Versace besides others through the single click of a mouse.As per the report,luxury portals such as Darveys, GenesisLuxury, Elitify, Stylebop, Exclusively and others have stepped in to offer an unique platform for fashionistas to choose from larger collections of high-end brands with door step deliveries.Nakul Bajaj who owns Darveys.com, a members-only shopping portal, says he started the site as a way to revolutionise the outlook towards high-end brands in India.According to an Assocham-KPMG study the Indian luxury market grew at a healthy rate of 30 per cent to reach USD 8.5 billion in 2013 and is likely to continue growing at a healthy pace of about 20 per cent to reach USD 14 billion by 2016 owing to rising number of wealthy people, growing middle class, affluent young consumers and other related factors.Although, India currently enjoys just one-two per cent share in the global luxury market, it is the fifth most attractive market for international retailers, says the study.With luxury shopping comprising a sizeable market size, Darveys has come with the concept of a ‘Wedding Trousseau’ for the soon to be married couples to offer a user friendly service for pre-wedding days in purchasing, packaging and gifting luxurious wedding essentials.With ruling trends dominating fashion, most websites source products right from the runway to ensure the shopper gets to choose from the latest collections. The websites also tend to offer bigger discounts compared to retail stores.

(Source: http://www.business-standard.com/article/pti-stories/luxury-labels-now-delivered-at-doorstep-115032300281_1.html )

 

Electronic retailing is making its mark in India. Most businesses are positioning themselves to grow e-tailing revenues. And online plays have yielded serious gains.The phenomenon of online shopping in India is immensely growing and is getting better and stronger day by day.

 

Amazon sets up Logistics Company in India to deliver products directly to clients

 

Amazon has set up a logistics company in India to deliver products directly to consumers, opening a new front in the battle for top honours in the country’s fast-growing online retail industry. Amazon Transportation Services Private Limited, a subsidiary of US-based Amazon, will ship goods from sellers who transact on the company’s online marketplace in India. Such a service is already on offer from Flipkart through logistics company eKart, and Snapdeal, which bought a stake in delivery firm Gojavas last week. Products sold on the Amazon marketplace are now shipped to some 19,000 pin codes across the country. ATSL will be one of the logistics partners for Amazon’s Indian marketplace. The company’s Indian marketplace expects to sell goods worth over Rs 12,000 crore ($2 billion) this fiscal. The company will continue to work with other partners including India Post and courier companies like Gati BSE -1.78 %, Blue Dart BSE -2.62 % and DHL.  Experts are of the view that “lastmile delivery” will increasingly be a crucial front in the war for leadership in India’s ecommerce industry, which is expected to be worth $43 billion (Rs 2.5 lakh crore) by 2018. Startups specialising in providing third-party delivery logistics to etailers have emerged across the country, including Delhivery, which most recently raised funding of about $35 million. But in recent months, the top online marketplaces are strengthening their own inhouse logistics fleets. Also, companies with logistics capability can deliver goods for competitors, creating a potential new line of business.

 

Amazon currently operates nine fulfilment centres, ecommerce jargon for warehouses, in eight Indian states. It was the first online marketplace to offer two-day and one-day guaranteed delivery in India, a norm in the US market. This prompted Snapdeal and Flipkart to follow suit and launch same-day delivery as well, with Flipkart announcing plans to launch threehour delivery this year. Bengalurubased Flipkart is due to spin off logistics arm eKart — which so far has been a division of WS Retail — as a separate entity this year.

 

EASYSHIP LAUNCHED RECENTLY

Amazon India also recently launched EasyShip, an assisted shipping platform for 12,000 out of its 20,000 sellers, a platform which the company has now taken global. With little to choose between the top online retailers and capital no longer a constraint, logistics is proving to be the differentiator.
While Flipkart guarantees nextday delivery at an extra price of Rs 90 per shipment, Amazon charges Rs 99 per shipment. For same-day delivery, Flipkart and Amazon charge about Rs 140 and Rs 149 extra, respectively. The regulatory filings made by ATSL show that apart from Thomas, Kuldeep Singh Bisht and Rakesh Mohan Bakshi are also directors at the Delhi-based company, which has a paid-up capital of aboutRs 24.8 crore. Thomas was earlier the managing director for western and southern operations of Federal Express, the US-based courier company.
(Source:http://economictimes.indiatimes.com/industry/services/retail/amazon-sets-up-logistics-company-in-india-to-deliver-products-directly-to-clients/articleshow/46668915.cms )

 

Walmart Extends E-commerce Facility For its Trading Partners in Jammu

 

Walmart India today extended the reach of its online wholesale platform to members in Jammu, the tenth city where it has launched the e-commerce facility for its trading partners.At present, the US-based retail giant operates B2B e-commerce platform in nine cities — Lucknow, Hyderabad, Guntur, Vijayawada, Rajahmundry, Jalandhar, Ludhiana, Bathinda and Zirakpur.B2B e-commerce facilities for Best Price Modern Wholesale store members in Jammu, marking the tenth store to go online since the B2B e-commerce platform was launched on July 1, 2014, the company said in a statement.The platform, www.bestprice.in, is for registered members of Best Price Modern Wholesale stores.Walmart India is looking to soon launch the B2B e-commerce platform in Amritsar later this month, completing the launch phase in Punjab, the company added.At present, Walmart is engaged in cash-and-carry business in India. It had called off a six-year partnership with Bharti Enterprises in October 2013.The US retail giant operates 20 wholesale stores under the brand ‘Best Price’ in India.

(Source: http://techstory.in/walmart-876765/ )

 

Luxury labels now delivered at doorstep!

 

With the surge in online shopping portals catering exclusive luxury brands, consumers in India seem to have found their luxury fashion fix, says a report in PTI.The desi shopper can now access creations of top notch global designers such as Emilio Pucci, Valentino, Bottega Veneta, Jimmy Choo, DKNY, Gucci, Burberry, Versace besides others through the single click of a mouse.As per the report,luxury portals such as Darveys, GenesisLuxury, Elitify, Stylebop, Exclusively and others have stepped in to offer an unique platform for fashionistas to choose from larger collections of high-end brands with door step deliveries.Nakul Bajaj who owns Darveys.com, a members-only shopping portal, says he started the site as a way to revolutionise the outlook towards high-end brands in India.According to an Assocham-KPMG study the Indian luxury market grew at a healthy rate of 30 per cent to reach USD 8.5 billion in 2013 and is likely to continue growing at a healthy pace of about 20 per cent to reach USD 14 billion by 2016 owing to rising number of wealthy people, growing middle class, affluent young consumers and other related factors.Although, India currently enjoys just one-two per cent share in the global luxury market, it is the fifth most attractive market for international retailers, says the study.With luxury shopping comprising a sizeable market size, Darveys has come with the concept of a ‘Wedding Trousseau’ for the soon to be married couples to offer a user friendly service for pre-wedding days in purchasing, packaging and gifting luxurious wedding essentials.With ruling trends dominating fashion, most websites source products right from the runway to ensure the shopper gets to choose from the latest collections. The websites also tend to offer bigger discounts compared to retail stores.

( Source: http://www.business-standard.com/article/pti-stories/luxury-labels-now-delivered-at-doorstep-115032300281_1.html )

 

Amazon to take kirana stores online

 

E-commerce major Amazon is taking your neighbourhood kirana store online. The e-tailer is launching an express delivery platform in partnership with mom-and-pop stores, calling it Kirana Now. Starting first in Bengaluru on a pilot run, Amazon intends to scale this up nationally, a senior executive from the Seattle-headquartered company said.Talking exclusively to TOI, Amazon India’s country head Amit Agarwal said Kirana. Now is an India-specific innovation built particularly for the local market. This is a by-India, for-India service. “We want to provide maximum convenience to customers when shopping for their everyday needs and enable them to shop from the ecosystem of their local stores on their mobile phones and get things delivered when they really need it,” Agarwal said. Grocery e-tailing has till now been confined largely to vertical players like Big Basket with the bigger horizontal e-tailers focusing more on electronics and apparel. Hyper local delivery apps like Grofers, modelled on the likes of Instacart and Postmates, have also tied up with grocery stores to facilitate their deliveries.

(Source: http://timesofindia.indiatimes.com/business/india-business/Amazon-to-take-kirana-stores-online/articleshow/46696159.cms )

 

To conclude we can say that the nature of retailing is changing and the Indian retail market is witnessing a revolution with the advent of numerous E-tailing sites such as Flipkart, Jabong, Myntra, Yebhi etc. As more and more Indians use the internet, revenues of E-tailing companies could triple in the coming years

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