Search
Search titles only
By:
Search titles only
By:
Forums
New posts
Search forums
What's new
New posts
Latest activity
Feedback
View Statistics
Members
Current visitors
Buy Sell Trade
WTB
Log in
Register
Search
Search titles only
By:
Search titles only
By:
New posts
Search forums
Menu
Install the app
Install
Reply to thread
Forums
Articles and News
Latest Technology News
Bait and Switch: Flipkart made 600 Crores GVM on BigBillionday sale
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="swatkats" data-source="post: 1985604" data-attributes="member: 41033"><p>Not all sellers have come on board to share the tab with the online retailer. A senior executive of a leading consumer electronics retail chain said the discounts are driven entirely by the marketplaces. "We as a seller did not even know that few of our listed products would get discounted for these flash sales," he said, requesting anonymity.</p><p></p><p>Another seller said the company had listed its models at the existing market price in the offline trade. "But we were shocked to see that the product has been sold at a discount which is actually lower than our buying price. But we have been assured we will get the full amount at which we have listed it," he said.</p><p></p><p>Since online retail is a nascent industry, companies are not too perturbed by negative margins, and investors are backing the game plan of acquiring customers at the expense of the bottomline. </p><p></p><p><a href="http://economictimes.indiatimes.com/articleshow/44552438.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst" target="_blank">http://economictimes.indiatimes.com/articleshow/44552438.cms</a></p><p></p><p></p><p></p><p></p><p></p><p>Lawyers. We’re like health insurance. You hope you never need it, but man oh man. Not having it? No.</p><p>Better Call Saul. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick Out Tongue :p" loading="lazy" data-shortname=":p" /></p></blockquote><p></p>
[QUOTE="swatkats, post: 1985604, member: 41033"] Not all sellers have come on board to share the tab with the online retailer. A senior executive of a leading consumer electronics retail chain said the discounts are driven entirely by the marketplaces. "We as a seller did not even know that few of our listed products would get discounted for these flash sales," he said, requesting anonymity. Another seller said the company had listed its models at the existing market price in the offline trade. "But we were shocked to see that the product has been sold at a discount which is actually lower than our buying price. But we have been assured we will get the full amount at which we have listed it," he said. Since online retail is a nascent industry, companies are not too perturbed by negative margins, and investors are backing the game plan of acquiring customers at the expense of the bottomline. [URL='http://economictimes.indiatimes.com/articleshow/44552438.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst']http://economictimes.indiatimes.com/articleshow/44552438.cms[/URL] Lawyers. We’re like health insurance. You hope you never need it, but man oh man. Not having it? No. Better Call Saul. :p [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Articles and News
Latest Technology News
Bait and Switch: Flipkart made 600 Crores GVM on BigBillionday sale
Top
Bottom