Wednesday 29 July 2015

Top Ten Online Shopping websites

Here is the list of top 10 online shopping sites those are found to be trustworthy by Indians. These sites are ranked according to their services, products, ranges, warranty and quality of products.
1. Flipkart.com –
flipkart.com logo - Top 10 Online Shopping Sites in India
Flipkart.com ranked as no.1 online shopping site of India because of its product range,services, product quality etc. According to alexa ranking, flipkart is named in top 10 sites used by Indians. The service of flipkart.com is found to be good and trustworthy. Flipkart.com was founded by two Indians only in 2007. Flipkart is also the biggest ecommerce brand of India. The website covers all products from home appliances to gadgets, books to video cds, garments to baby clothes
2. Amazon.in –
Amazon logo
Amazon is a US ecommerce company which is world’s no. 1 ecommerce site. Amazon holds the record of employing maximum number of employees in an Internet based business company. Amazon started its journey from books only but then soon it came up with movie dvds,cds etc. After the success of these products, Amazon never looked back and now provides almost every product online. Amazon India is investing a good amount of money  to lure Indians. The exciting offers and good service helped Amazon to take as second best eCommerce site of India in few days only.
3. Myntra.com –
myntra.com logo
Myntra is an Indian ecommerce site. It is regarded as India’s top 3rd online site to shop products. Myntra allows its users to chose varieties of dress. One can  choose any type of dress of any brand from Myntra. The best thing about Myntra is its product quality and service. Now, Myntra is merged into Flipkart to compete Amazon, but myntra.com is still running as a separate website and entity. Buying clothes and gifts online can be best done via Myntra.
Jabong.com logo
Jabong.com is again an Indian eCommerce biggie which is really known for its good service and products. All types of lifestyle materials like shoes, dresses, gift items etc. can be bought at best rates from Jabong. Many sources confirm that Jabong is the second most clicked shopping site in India. Although jabong deals in fashion and lifestyle products only, but still is the fourth ranked online shopping site of India in terms of trust and service. The advertisements of Jabong.com are also one of the best among its competitors which helped it to rise at good rate.
snapdeal.com logo
Snapdeal.com is also an Indian ecommerce site which started in 2010 only but gained a good popularity among Indian buyers in a very less time. In comparision to others, the growth rate of snapdeal is amazing. Snapdeal covers mainly most of the products like flipkart and amazon. This ecommerce site is widely used by people because of its best offers and good delivery service. Apart from eCommerce, Snapdeal also stepped in mCommerce to enhance its business since people nowdays use mobiles a lot to purchase several items. It is also termed as a site which provides products at quite a low price when compared to others. Snapdeal ranks at number 5 today but its business policies can make it the king too.
6. Ebay.in
Ebay.com logo
Ebay is a multinational eCommerce giant from USA which operates in India as ebay.in for its business. Ebay.in sells each and every type of product. It is known for its best online auction capability. It helps the third party to sell its item on the site. From new to old products, everything is available on ebay. It is one of the oldest and strongest ecommerce site of world and India. It holds the position of 6 among Indian online marketing biggies.
7. groupNpay.com
groupnpay.com logo
India's largest wholesale Online Shopping marketplace groupNpay.com Launched in 2014, groupNpay was conceived keeping shared economy in mind (power of togetherness) and it offers shared marketing space for manufacturers to extend their products. In groupNpay Merchant prefers to sell in bulk so that 'economy of sales' make more sense to them. Members wish to buy their need of the hour and they avoid storing them. Members are not keen in bulk purchase as they land up in buying more resulted in unwanted cash flow and storage space.

homeshop18 logo
Homeshop18.com is a network 18 group associated eCommerce site managed by Reliance now. Homeshop18 gained its maximum momentum via televisions. It offers a cool range of all products including gadgets, home ware, clothing, jewellery etc. Shopping can be done online but its doing the best on air service in India which adds its online credibility too. It ranks 8th as best online sites of India to trust.
shopclues.com logo
Shopclues.com is again an Indian major eCommerce site which deals in each and every type of product. Its reported that ShopClues was ranked as top 35 sites in 2011 but now its in top 10 online shopping sites in India. ShopClues is well known for its good product and warehousing. Shopclues is very famous among youth and this favoritism of youth for it helps it to gain momentum in Indian market. The site is well known for its gadgets shopping.
10. Yebhi.com
yebhi.com logo
Yebhi.com is again an Indian eCommerce site famous for lifestyle products including clothing, fashionable items, gift items plus home products too. Yebhi.com began its journey from bigshoebazaar.com but later changed to yebhi.com. Products like mobiles, cameras, shirts, watches, laptops etc. are the backbone of this site. It also made its name in top 10 online shopping sites in India.
Apart from these, sites like Tradus.in, Zovi.com, Koovs.com, yepme.com etc are looking forward to join this top 10 club. Now, very soon Tata is also going enter this eCommerce race.

Wednesday 3 June 2015

GroupNpay, combination of shared marketing and economy

We are in the field of Business Consulting and Training for the past 7 years. We are always keen in creating I P (Intellectual Property) so that we can be identified as I P creators in the area of IT. This drive resulted in our first  product  known aswww.myqhub.com, an interesting portal for knowledge assessment & learning tool.

Many organisations are using this tool but the revenues are not commensurate to our efforts. On analysing the reasons, we observed that, the entry for this product is limited to knowledge department (Learning  and Development) or academic Institutions. Both of them have their own reasons for not choosing our portal,may be they have their own internal tool or any other reasons. Hence we decided to do research on new ideas to bring out a product which can touch every one's heart, irrespective of their breeds.
I would have discussed many new ideas ( to me? ) in our Idea Generation Meeting (IGM) and none of them brought 'vow' effect from the participants..
On one occasion, when I wanted  to enrol  self for a Seminar, I called up the organiser and they spoke to me on  'group discount' which was very substantial. They said that these discounts were mainly to 'scale up' the show. Incidentally I promoted their show among my friends of similar interest and 'power of togetherness' got  us unbelievable discount to a tune of 60 %.In fact individually every one of us were benefited.
This trigged me why not a virtual market place  which offers 'scaling up of sale' to Merchants and 'best price tag' to  group of members which is the benefits of 'power of togetherness
 I had my IGM with national/international friends through web seminar and Alas, every one listened with great interest. Few searched their mobile and  tabs and confirmed to me that this concept is new and unique.
We started  practical application, after a research of 13 months about   groupNpay in our day2day life. It worked beyond our expectation. Each were sharing their own experience on the group benefits. Many told us moral stories based on group concept too.
Our trial out in an restaurant in formation of 'similar interest group' to get instantaneous discount worked out well. The group was  formed by strangers for a specific purpose and got dissolved in the end of the dinner. Of course, few were exchanging their personal details too. The group is liked the concept and encouraged us to come out 'apps' soon.
Af the end of the market research, we noticed the following observation in Digital Economy.
  • All Merchants wish to sell through electronic market place to have a best reach. No investment in bricks and motels. All their products are displayed in virtual form. Merchants are keen to scale up their current sales and look out for more market shares.
  • Merchant  prefers to sell in bulk so that 'economy of sales' make more sense to them.
  • Members wish to buy their need of the hour and they avoid storing them. 
  • Members are not keen in bulk purchase as they land up in buying more resulted in unwanted cash flow and storage  space. 
Hence the economy is getting matured from 'Hunter Economy to Agricultural to Industrial to Digital to Shared Economy. It is here to stay longer than others. Its contribution is worth watching.
The groupNpay was conceived keeping shared economy in mind (power of togetherness) and it offers shared marketing space for manufacturers to extend their products.
The entire application development was faster, thanks to Agile methodology. An 'adapt and inspect' is the mantra used by us.
Will this model scale up for business value? Is it a solution for B2B? You need to login at www.groupnpay.com to know more about it.