Top 5 E-Retailers Of India
With the onset of the dot com technology, the dreams of many entrepreneurs have taken flight. Several individuals joined the race with their small scale business ideas that have now become bigger than ever. Web based businesses have become the latest norm all over the world. For any such enterprise all you need is a brilliant idea that can be shaped into a majestic creation, a computer, and some nominal investment.
Several internet based companies have been established in India that have secured a massive hit with the customers. People prefer to buy their favorite products from these e-commerce sites as they are readily accessible on the net and are delivered to their door step. Facilities like free shipping, cash on delivery, and easy return policies make shopping a blissful experience. With minimum hassles and complete satisfaction, these websites are guaranteed for success.
Indian entrepreneurs have endeavoured to provide the best of services to their clients. Most Indian e-retailers offer elevated and superior e-commerce solutions by taking extreme care of the security and privacy aspect. Here is a snapshot of the top 5 e-commerce websites of India:
According to the People’s Choice Survey 2014 conducted by CashKaro.com, Amazon India has been voted as the best e-commerce site this year. Their deals and cashback options were most appreciated among the customers. Amazon.in is the current favourite website for buying laptops and electronics. Amazon is a $75 billion American e-retailer that was launched in India in February 2012. Since then its founder, Jeff Bezos, has invested $2 billion into the Indian online retail business. Amazon offers the largest collection of books to its customers and has the best user interface from amongst the other e-retailers.
Flipkart is an Indian company based in Bangalore, Karnataka. It was founded in 2007 by Sachin and Binny Bansal. Like Amazon.in, Flipkart too began its online career with a sale of books, but eventually diversified to selling a host of products like clothing, electronics, jewellery, footwear, etc. Apart from the normal credit card/ debit card and net banking mode of payments, this e-retailer started the popular cash-on-delivery trend, which has made shopping easier than ever. Flipkart has recently merged with Myntra, bringing its market value up to a whopping $6 billion overnight. Flipkart’s Big Billion Day had 40% respondents voting for it despite all the technical glitches and allied issues according to the survey by CashKaro.com.
Snapdeal is yet another Indian e-commerce company headquartered in New Delhi, India. It was founded by Kunal Bahl and Rohit Bansal in February 2010. This company started its career by offering lucrative discounted deals to its customers pertaining to health and fitness, tattoos, beauty products and services, grocery shopping and more. It soon diversified and entered the mega online retail race to provide a host of products across categories like electronics, mobiles, apparel, fashion accessories, books, etc. According to the survey by CashKaro.com, snapdeal’s Big Savings Day got 10% votes by the respondents followed by the Diwali Dhamaka Sales, which were appreciated by 8% of the people.
Now under the Flipkart banner, Myntra came into being in February 2007. It blossomed through the initiatives of Mukesh Bansal, Vineet Saxena, and Ashutosh Lawania – IIT graduates who had plenty of “start-up” experience. With its headquarters in Bangalore, Karnataka, this e-retailer has been funded by Venture Capital funds like IDG & Accel Partners, and IndoUS. All kinds of fashion and casual lifestyle products are sold by this retailer. It provides quality products with quick delivery and has become quite popular with the masses. Myntra has expanded magnificently and now has offices in Mumbai, Chennai, and New Delhi.
Another leading e-retailer, Jabong offers complete satisfaction to its customers through its fast and speedy delivery system. Don’t be surprised if you receive your package within 24 hours of placing the order. That’s how fast they are. Jabong is the favoured site for purchasing items related to fashion and accessories. It was founded by Praveen Sinha, Lakshmi Potluri, Manu Jain, Mukul Bafana, and Arun Chandra Mohan. Jabong began operations in January 2012 from its headquarters in Gurgaon, NCR. This online retailer strives to achieve the highest level of customer satisfaction that is possible. Its partner sites include Tripda, Foodpanda, Fabfurnish, Printvenue, PricePanda, and CupoNation. According to the latest news, Amazon is vying to buy this giant in one of the biggest online acquisition deals ever. If the deal goes through, it will possibly cost millions of dollars enabling Amazon to touch $15 billion by 2016.
Our lives have surely become a lot easier through the endeavours of these online retailers. Shopping for just about anything is simply one click away. Credit goes to all the employees of such enterprises who toil day and night to provide the best services to their clients. Working with such brands has become exceedingly popular with time. Jobs with Flipkart, Amazon, Jabong, or any other e-commerce franchise are highly lucrative as they are looking to expand their business in the long run. Working with an e-retailer can upgrade your resume to a great extent.