swatkats
Skilled
Flipkart was considering shutting its mobile site as well as its desktop-based website to move sales entirely to the mobile app. Spokespersons for Flipkart and Myntra confirmed that the companies had shut their mobile websites. The desktop-based sites are still functional though both companies are considering shutting them over time, two people familiar with the matter said.
Read more at: http://www.livemint.com/Industry/J9VeQxowSOlHU8ZMUParUL/Flipkart-moves-towards-becoming-apponly-platform.html
Even Biggies like Amazon, Bestbuy, Staples, Alibaba.. No one got this Great Foolish Idea. Do you think this is a wise decision or a Typical Miser thinking, Especially because of the background they come from?
Here's the thing:
Accepting that desktops weren't giving the same returns on investments anymore compared to a few years ago, Bansal said Flipkart will keep an eye out for more acquisitions in the mobile space and look to fill the gaps on tech and talent front.
"I believe it (mobile advertising) can be a big business for us," said Bansal, who is spearheading the ad business for Flipkart post a reorganization at the seven-year-old company which started off as an online bookstore.
Search giant Google and social networking site Facebook dominate the online and mobile advertising space, globally and in India, but e-commerce majors who boast of large consumer traffic and data are now looking to target shoppers on their platforms, prompted by their growing seller base and high adoption of smartphones.
http://articles.economictimes.india...60286802_1_sachin-bansal-flipkart-ad-business
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