Isn't Amazon.in the Amazon of India?
Was about to comment same line. Just to add: Most of the products @ Amazon.in were cheaper than Flipkart even after discounts .
Flipkart, Amazon of India, has sales of $100M in one day
21–30 of 56 posts
Re: Flipkart, Amazon of India, has sales of $100M in one day
#22Isn't Amazon.in the Amazon of India?
To some extent, Flipkart.com:India::Amazon.com:USA is more accurate than Amazon.in:India::Amazon.com:USA.
Amazon.in is following a purely marketplace model i.e. only 3rd party sellers (which is unlike the Amazon we know in US). Whereas Flipkart has a large percentage of stuff offered by 'WS Retail', which is essentially Flikart itself.
Re: Flipkart, Amazon of India, has sales of $100M in one day
#23Is that $100m USD or the Indian Rupee?
Re: Flipkart, Amazon of India, has sales of $100M in one day
#24Is that $100m USD or the Indian Rupee?
It's USD. A big deal I would say.
Re: Flipkart, Amazon of India, has sales of $100M in one day
#25Isn't Amazon.in the Amazon of India?
To some extent, Flipkart.com:India::Amazon.com:USA is more accurate than Amazon.in:India::Amazon.com:USA. Amazon.in is following a purely marketplace model i.e. only 3rd party sellers (which is unlike the Amazon we know in US). Whereas Flipkart has a large percentage of stuff offered by 'WS Retail', which is essentially Flikart itself.
Technically Flipkart isn't a Indian company as Flipkart is registered in SG. But since all its operations are in India you could say it serves India. Just like amazon.in which serves India.
WS Retail is now a separate entity not run by Flipkart anymore. It was sold last year.
This was mainly to bypass the FDI laws. So WS Retail is like a wholesaler.
So WS Retail is a seller technically. Also you cannot say they run on different models, Flipkart does have more than a one seller so the model is still the same as amazon. Flipkart just eats other sellers at times with the WS Retailer's discounts and stuff. Just like amazon?
If every legal aspect is off the table then Flipkart is running WS Retail and other sellers are at mercy of Flipkart's(WS Retail) listing price.
Also Amazon.in sellers are all Indian (brick and mortar stores)sellers, so theres that.
Re: Flipkart, Amazon of India, has sales of $100M in one day
#26Alibaba sales $5.78 billion in 2013/11/11.
To me, what's happening in India e-commerce growth is just extension or expansion of Amazon model, on a bigger scale perhaps.
But for Alibaba, it is truly revolutionary if you look at how much of their Tmall sales percentage(relative to taobao) in that $5.78 billion sales, it is truly manufacturer-to-consumer.
Re: Flipkart, Amazon of India, has sales of $100M in one day
#27Earlier quoted context omitted.
I am sure they weren't deliberately tricking the customers, instead it is their incompetence and immaturity showing up. They couldn't handle the commotion and steps taken to handle the load backfired (A completely made up example can be that they started the crashed servers but in panic forgot to apply the discount configuration). Disclosure: I worked at Flipkart. I felt that employees are immature.
I do agree that server crashes and products disappearing from the cart might be technical issues, they weren't able to handle (either from incompetence or other reasons). But, if you go through my links, you will see that they were indeed deliberately tricking customers. Price tracking websites show that most Flipkart on-sale products' prices were hiked to double their original pricing and then discounts were applied…
All the negative stories and tweets in the world won't make a difference. Their prices(that only they can offer at the scale they operate at) and marketing budget will nullify it as Walmart and Amazon have already proven in the past.
Re: Flipkart, Amazon of India, has sales of $100M in one day
#28Earlier quoted context omitted.
To some extent, Flipkart.com:India::Amazon.com:USA is more accurate than Amazon.in:India::Amazon.com:USA. Amazon.in is following a purely marketplace model i.e. only 3rd party sellers (which is unlike the Amazon we know in US). Whereas Flipkart has a large percentage of stuff offered by 'WS Retail', which is essentially Flikart itself.
Technically Flipkart isn't a Indian company as Flipkart is registered in SG. But since all its operations are in India you could say it serves India. Just like amazon.in which serves India. WS Retail is now a separate entity not run by Flipkart anymore. It was sold last year. This was mainly to bypass the FDI laws. So WS Retail is like a wholesaler. So WS Retail is a seller technically. Also you cannot say they run o…
You know the founder of Amazon India is not an Indian but Flipkart's founders are Indians (born and living in India).
Re: Flipkart, Amazon of India, has sales of $100M in one day
#29Earlier quoted context omitted.
I am sure they weren't deliberately tricking the customers, instead it is their incompetence and immaturity showing up. They couldn't handle the commotion and steps taken to handle the load backfired (A completely made up example can be that they started the crashed servers but in panic forgot to apply the discount configuration). Disclosure: I worked at Flipkart. I felt that employees are immature.
I do agree that server crashes and products disappearing from the cart might be technical issues, they weren't able to handle (either from incompetence or other reasons). But, if you go through my links, you will see that they were indeed deliberately tricking customers. Price tracking websites show that most Flipkart on-sale products' prices were hiked to double their original pricing and then discounts were applied…
Exactly same thoughts.
I was too very happy flipkart customer untill now and always recommended flipkart as one of the most reliable e-commerce site to others but not now.
When they cancelled my LED TV order in just 2 hours (it was my only order) and instantly increased the price, even then i didn't mind it much. But today in morning when i found out that the same thing happened with many many customers, i am sure it was not unintentional.
This happened to me https://www.facebook.com/photo.php?fbid=4697507053002&set=a....
Article on cancelling of orders on DNA http://www.dnaindia.com/india/report-flipkart-cancels-order-...
Re: Flipkart, Amazon of India, has sales of $100M in one day
#30Earlier quoted context omitted.
Technically Flipkart isn't a Indian company as Flipkart is registered in SG. But since all its operations are in India you could say it serves India. Just like amazon.in which serves India. WS Retail is now a separate entity not run by Flipkart anymore. It was sold last year. This was mainly to bypass the FDI laws. So WS Retail is like a wholesaler. So WS Retail is a seller technically. Also you cannot say they run o…
You know the founder of Amazon India is not an Indian but Flipkart's founders are Indians (born and living in India).
And do you know they worked for Amazon.com for few years to bring that model back to Indian market?