Tag: Amazon

  • IPL 2015: 65 percent ad inventory of Sony already sold

    IPL 2015: 65 percent ad inventory of Sony already sold

    MUMBAI: Even as the cricket World Cup fever is on, Multi Screen Media (MSM) is gearing up for the next big cricket tourney – the Indian Premier League (IPL) 2015 and advertisers are flocking to it nineteen to the dozen.

     

    The tournament starts right after the World Cup. Speaking on advertisers reaction so far, Multi Screen Media president Rohit Gupta says, “We have got amazing responses so far and the way it’s shaping up, we may have to extend our ad inventory. We already have our two presenting sponsors in Vodafone and Amazon. It must be noted that Amazon has upgraded itself as a presenting sponsor and it’s an encouraging example. The seven associates are Hero Moto Corp, Cardekho.com, Intex, Vimal Pan Masala, Pay TM, Pepsi and we have one more advertiser who has confirmed its participation. Hero Moto Corp, Cardekho.com and Vimal Pan Masala are first timers and it proves the growing interest of the tournament.”

     

    Sony Max and Six have already launched India Ka Tyohaar campaign for IPL’s 2015 edition. The campaign, which has been orchestrated by DDB Mudra, speaks about unity and celebration, and portrays IPL as a festival that is followed by one and all irrespective of caste, communities and creed.

     

    Way before the campaign launch, Gupta had told Indiantelevision.com that ad rate for the 2015 edition will be hiked by 15 per cent and MSM has successfully managed to achieve the figures.

     

    “As decided, we have hiked our ad rate by 15 per cent and the hike was not on the basis of arrogance or overconfidence, it’s because we had a seven per cent increase in viewership. We have already sold 65 per cent of our ad inventory and we are in last stage talks with many companies. IPL is a tournament that consistently delivers in terms of meeting viewership expectations and advertisers are presented a platform for the entire tournament. IPL is not a tournament where fans have to wait for a week’s time to have a good match. Moreover all the IPL matches are played in prime time and each and every match has equal interest. The growth of viewership is constant in each and every match unlike World Cup where non India matches failed to garner viewers so far. Overall IPL is an insured platform for advertisers where whatever may happen viewership never declines.”

     

    Talking about the campaign, Sony Max senior EVP and business head Neeraj Vyas says, “IPL is beyond any barrier; it’s a huge event that connects everyone. A family that has members of different generations sit together to enjoy the cricketing extravaganza, which has nail biting finishes and entertainment to satisfy everyone’s need. We are our biggest competitor and the only challenge for us is to do better than what we have done in our previous editions. We did aisa mauka aur kahan milega in 2012, which we followed up with Jumping Japang and Come on bulava aaya hai in the following years. But this year we are going to be better than any other year.”

     

    MSM is known for aggressive marketing of IPL, which is their biggest asset and this year is no different. “We have spent 15 per cent more than previous year for the India ka tyohaar campaign,” informs Vyas.

     

    DDB Mudra chairman and chief creative officer Sonal Dabral is satisfied with the progress and the feedback received so far. “India ka tyohaar is something that everyone has been missing. Festivals in India are based on religion and region. IPL is one such festival where everyone participates in the celebration,” Dabral tells Indiantelevision.com.

     

     

    When queried about the other campaigns that are already buzzing, Dabral says, “There will always be a flurry of creative campaigns and it’s not about what others are doing. You have to understand the brand and then come up with a creative concept. Mauka is a good and creative campaign but India Ka Tyohaar is different and it will emerge as the testimony of all campaigns.”

     

    Sony will launch an interactive digital campaign to connect with youth on various social media platforms. The broadcaster is going to feature the 2015 edition of IPL in different languages and there will be a regional awareness initiative to promote the multilingual strategy.

     

    The anthem of the campaign has been composed by musical duo of Salim – Sulaiman, who hope to get everyone to dance to the anthem of Pepsi IPL 2015. “With Pepsi IPL that reflects the fervour of the nation and an idea as powerful as ‘India Ka Tyohaar’, we tried to create a song, which is very Indian in its spirit but yet has the sound of ‘The Now’. Once we had the lyrics we composed the tune and created a rhythm around it which is the beat of our folk music and festivals all across India. The song is infectious! We hope the audiences will celebrate the music and this festive spirit of the Pepsi IPL across the globe,” the duo said.

     

    When asked if composing music for a tournament of such high magnitude is different and difficult from feature films and music albums, Salim Merchant told Indiantelevision.com, “After composing Chak De nothing seems to be difficult anymore but it is indeed different. The tournament will be watched in each and every household and the audience is across age groups. While we ensured that the song pumps up, we also took care that the unifying factor, which is the USP of the campaign, is kept alive.”

     

    Stretching across a four-week period till the launch of the tournament, the Pepsi IPL 2015 campaign will have a complete 360 degree rollout across mass media. The communication will be seen by viewers across mediums like television, print, radio, digital, outdoor, on-ground, mobile and BTL.

  • Qwikcilver unveils new logo identity

    Qwikcilver unveils new logo identity

    MUMBAI: Gift card technology and services company QwikCilver Solutions has unveiled its new logo. The company has partnered with more than 100 retailers and e-tailers to herald a new gifting way in India.

     

    Having powered most of India’s top brands, driving over 10,000 premium point-of-sale locations across 250 cities and towns, the company has unveiled a new brand identity.

     

    QwikCilver Solutions co-founder and CMO TP Pratap said, “To reinforce our strong association to drive innovations in the Gift Card stored value segment, we have embarked on a rebranding of our QwikCilver brand. This is a reaffirmation of our commitment to the Indian retail gifting segment. We are delighted to launch our new QwikCilver Logo identity at the flagship Retail Leadership Summit (RLS) in the presence of many of our trusted brand & retail partners.”

     

    One of the fastest growing segments in the Indian consumption segment, gift cards are poised to become a $1 billion industry by 2017-18. “People are very comfortable in buying gift cards and hence, we had to change the logo to be symbolic to this change. In the new logo, Q is an energy button, which emphasizes on the fact that we are the energy source in the sector,” added Pratap.

     

    The new identity, though ideated in-house, was created by People Advertising. “It is a boutique agency as we are a startup, we are always helping others,” said Pratap.

     

     

  • Murdoch wants media to unite against Amazon and Netflix

    Murdoch wants media to unite against Amazon and Netflix

    NEW DELHI: Media magnate Rupert Murdoch has called for a cooperative media response to challenger streaming services Amazon and Netflix.

     

    He said during a technology conference by his flagship Wall Street Journal at Laguna Beach that the media industry needs its own competitor to these giants.

     

    “As an industry, we need a competitor – a serious competitor – to Netflix and Amazon,” Murdoch said and added, “I think we are all on the same page.”

     

    21st Century Fox, which he chairs, is one of the partners in Hulu, a rival to Netflix, alongside Disney and NBCUniversal. Last year, Hulu CEO Jason Kilar left abruptly for a new video startup, Vessel, backed by Amazon’s Jeff Bezos.

     

    Talking of HBO’s new streaming service Murdoch said it would be difficult for HBO to launch a standalone service while negotiating with cable companies. “They do not want to get into conflict with them, so they’re really only aiming at the moment at the 10 million people who don’t get cable.”

     

    Murdoch briefly addressed 21st Century Fox’s failed bid for Time Warner over the summer. “We felt that we needed more critical mass and content and this was a wonderful marriage and fit,” he said. 

     

    Given that the panel was entitled “Bets Won and Lost,” the conversation turned to one of Murdoch’s most notable failed investments, the $580 million purchase of MySpace that ended with the sale of the social media site for $35 million. The mogul reiterated, as he has many times, what happened.  

     

    “We just messed it up,” Murdoch recalled, saying that he helped install a layer of bureaucracy that hindered the growth of the site. “It was a series of expensive, lost opportunities.” 

  • Amazon.in launches India’s largest Kannada Books, Movies and Music Store

    Amazon.in launches India’s largest Kannada Books, Movies and Music Store

    BENGALURU: Lovers of Kannada literature, movies and music now have a new destination to shop! Amazon.in on the occasion of the Kannada Rajyotsava Diwas announced the launch of its Kannada Books, Movies and Music store with a wide selection of more than 7300 books, 4700 movies, and 2500 music albums available at great prices and convenience of shopping online; making it thus the largest selection in India.

     

    “The Kannada Rajyotsava is the time when the entire state celebrates the legacy of its rich culture,  festivals and architectural elegance. To commemorate this day, Amazon.in has launched the new Kannada books, movies and music store on its marketplace. This new store provides an easy & convenient access to literary works, music and popular movies in Kannada for our customers across India who need not feel deprived of enjoying them from anywhere in India,” said Samir Kumar, Director Category Management, Amazon India. 

     

    This veritable paradise of Kannada books, movies and music store offers a wide selection ranging from classics, literature, fiction, biographies, business and finance, self-help, cook books and children’s books – from leading publishers and bestselling books by extremely acclaimed authors like S L Bhyrappa, Ravi Belagere, Kuvempu, Girish Karnad, U R Ananthamurthy amongst others will be available for readers. Additionally, readers can get their hands on Kannada translations of English best sellers. The store also offers has a wide selection of books for customers who wish to hone their Kannada skills or learn other languages like English, Hindi etc. with instructions in Kannada

     

    Kannada movie aficionados can add to their collection by choosing classic as well as modern Kannada movies that have enthralled them all these years – movies of Dr. Rajkumar, Vishnuvardhan, Puneet Rajkumar and other veterans, as also recent famous actors and  blockbuster movies. The collection offers a vast selection of movies from various genres like action, adventure, romance and drama by popular directors like Yogaraj Bhatt, Dinesh babu, Puttana Kanagal and others.

     

    In the Amazon.in Kannada store, Kannada classical and popular music lovers can now pick up their favourite albums by Harikrishna, Hamsalekha, Ilayaaraja and others. The collection spans across all genres- Kannada Folk music, classical, devotional, harikathe and also film albums.

     

    The store has been curated in order to help modern Kannada speaking Indians who find it difficult to source books, movies and music for their family and themselves, especially if they do not reside in their state. Now shopping for their language products has become easier than ever before.

     

    Consumers on www.amazon.in and Amazon’s mobile shopping application can shop anywhere with ease and confidence from over 18 million products across a broad range of departments including Books; eBooks & Tablets; Movies & TV shows; Kindle Devices, Computers & Accessories; Mobiles & Accessories; Consumer Electronics; Toys & Games; Baby Products; Health and Personal Care products; Watches; Fashion Jewelry; Home & Kitchen products; Beauty Products; Video Games; Music; Luggage & Bags; Handbags & Clutches; Sports, Fitness & Outdoor equipment; Shoes; Men’s, Women’s & Kid’s wear; Pet Supplies; Gift Cards; large Appliance store and now Gourmet & Specialty Food store and Kids Party Supplies store. Consumers across several cities in India are increasingly enjoying Amazon.in’s guaranteed next-day delivery on nearly 400,000 products fulfilled by Amazon.

     

    All Consumers on www.amazon.in benefit from a safe and secure ordering experience, convenient electronic payments, Cash on Delivery, Amazon’s 24×7 customer service support, and a globally recognized and comprehensive 100% purchase protection provided by Amazon’s A-to-Z Guarantee.

  • Snapdeal takes the road less travelled…

    Snapdeal takes the road less travelled…

    MUMBAI: Be it acquisitions, deals or launches of products, Snapdeal continues to make headlines.

    While Amazon India is partnering with Future Group and Flipkart has acquired Myntra to boost the fashion retail section, Snapdeal is attempting to break the clutter by filling its basket with products from diverse categories.

    In the last few weeks, the e-tailer is ventured into selling homes, two-wheelers and four-wheelers, gourmet food. It has also inked some exclusive tie-ups with electronics retailer Croma and television manufacturer VU Technologies among others. Snapdeal is also one of the sponsors for the famous reality television show, Bigg Boss 8.

    “We offer a platform where anyone can come and sell or buy anything that can be sold. We are trying to replicate the offline market place in its most democratic manner possible online,” says Snapdeal offlibe marketing senior VP Maneesh Goel.

    “The intention is to try and cater to every single consumer,” he adds.

    Snapdeal, as a strategy, is trying to capture the entire wallet share of Indian customers and has been quite successful so far.

     “Snapdeal has been one of the sites which is constantly evolving with newer ideas both in terms of products on offer and marketing strategies”, says Team Pumpkin co-founder, Swati Nathani.  

    According to Trust Research Advisory CEO, N Chandramouli, “This approach is done to get involved in every aspect of a customer’s purchase. All products are the same in the purchase – one pays and the other sells but with the degree of purchase involvement and the price changes. If Snapdeal is successful in smoothly operating the entire purchase cycle, they will definitely grow in terms of the bond that they share with their customers and thereby increasing trust.”

    Snapdeal has managed to raise over $233 million (over Rs 1,400 crores) this year from investors including Premji Invest, Temasek and eBay Inc. Industry veteran, Ratan Tata also invested in the site, giving it his stamp of approval.  According to media reports, Alibaba is also said to have forayed into the Indian e-commerce space with Snapdeal as its partners.

    With its ‘bachate raho (keep saving)’ tagline and focus on unbranded products sold by small manufacturers and retailers, Snapdeal has established itself as a mass-retailer, with over half of these 50,000 merchants selling fashion and lifestyle products that account for 60 percent of its orders.

    “Most categories which are generally sold on the urban arena involve middlemen and hence their value is rising. With Snapdeal foraying into the sections, the involvement of middlemen is reducing leading to fall in their value,” Goel added.

    Snapdeal recently crossed $1 billion (or Rs 6,000 crore) in sales (called gross merchandise value in the online world) taking on rival Flipkart, which had achieved the target a few months ago.

    The new categories such as real estate, gourmet foods and automobiles are critical for the portal. For both Tata Value Homes and the new Mahindra Scorpio, the site let users pre-book online for an amount (Rs 30,000 Tata Value Homes and Rs 20,000 for the new Mahindra Scorpio) that is much lower than required through traditional mediums such as at a car dealer’s or property sales office.

    Tying up with Tata Value Homes, the e-tailer announced 85 homes, worth Rs 40 crore, were sold in six days. It also introduced a new gourmet section on the site in partnership with Sanjeev Kapoor.

    According to Nathani, “Gourmet is the section which should bring the next level of revolution in the e-commerce space. After Books, Electronics, Fashion and Home, Gourmet has been one section which everyone wants to explore. The category has also been a little underplayed in the offline space and therefore, we think that this can be the game changer in the e-commerce space.”

    With Diwali coming soon, the online portal is planning a huge campaign for its customers. But more than that, they are concentrating on the marketing of it.

    “The campaign will last around 40-45 days. The intention is that, depending upon day to day we will be clocking around 1000-2000 ads slots everyday, the campaigns will peak on several days, overall targeting around 50,000-60,000 slots,” Goel reveals.

    “Intention is to double the revenue through Diwali sales,” he added.

    Jasper Infotech, which runs Snapdeal.com, has recently reported a loss of Rs 264.6 crores for the year ended March, compared with a loss of Rs 120 crores in the previous year.

    “In terms of numbers and reach, currently we would say Flipkart is the winner but with its constantly evolving strategies, we will soon see Snapdeal getting into the top spot, “Nathani opines.

    The battle is a close one for now. The company is venturing into various brands from auto, electronics, mobile phones, home furnishings, kitchen appliances, beauty, footwear to clothing to get them online.

  • Amazon’s cloud service, the preferred choice by media industry, says Amit Sharma

    Amazon’s cloud service, the preferred choice by media industry, says Amit Sharma

    MUMBAI: Striving to be Earth’s most consumer-centric company, Amazon.com is a place where customers can virtually discover anything they want to buy online. To prove their consumer-centeredness, the online retail giant in 2006 launched Amazon Web Services (AWS) exposing key infrastructure services to businesses in the form of web services, more commonly known as cloud computing.

    Even as a web service, Amazon is as well received and popular as its e-tailer form with clients ranging from MNCs to online agencies and news broadcasters.

    Talking about the base strategy of the company at Broadcast India conference, Amazon Internet Services’ solution architect Amit Sharma said “Focus on content development, leave the infrastructure management to us.”

    The company’s global clientele includes; Netflix, IMDB, Discovery Communications, Samsung, NASA while Hungama, NDTV, DigiCable, India Today Group, Sony among others joined them from India.

    According to Sharma, the company has around 8000 customers in India. “AWS Cloud is a preferred choice by the media industry,” he adds.

    With the rise of the online medium, everything from music to movies and TV shows have shifted online. The old hardware storage has been replaced almost completely by internet, tapes have been replaced by servers and the companies have gone digital. With these paradigm changes happening in the online world, AWS provides a platform for better web services to the company, Sharma opines.

    The company mainly handles issues getting all the content online to provide easy access.

    “Netflix runs almost 100 per cent of its online videos on AWS. In order to transfer the entire library of Netflix to AWS, we used around 1200 servers,” Sharma reveals.

    Similarly AWS provides solutions to problems including; reducing IT cost for new applications, for user profiling, websites and website hosting, business applications, backup and recovery, disaster recovery, data archive, high performance computing, mobile services, digital marketing, game development and digital media.

    Book My Show, uses AWS to analyse users that visit the site while Hungama was looking to reduced 33 per cent monthly costs using AWS.

    The company provides a highly reliable, scalable, low-cost infrastructure platform in the cloud that has helped a number of enterprises, government and startup customers businesses in 190 countries around the world. AWS offers over 30 different services, including Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Storage Service (Amazon S3) and Amazon Relational Database Service (Amazon RDS).

    Available to customers from data center locations in the US, Brazil, Europe, Japan, Singapore and Australia, the company is planning to expand further and open a data centre in India.

    Recently, software giant Microsoft had said it will set up three data centres in India, offering commercial cloud services, to tap what it estimates is a $2 trillion opportunity. These data centres are expected to be set up by the end of 2015.

     

  • And the e-commerce war continues…

    And the e-commerce war continues…

    MUMBAI: The day began with one of the most interesting ad wars on the front pages of leading newspapers of recent times and ended, on one hand with Flipkart apologising to its customers even after clocking $100 million in 10 hours while on the other hand Snapdeal, making a crore per minute, scoring its highest sale in a single day.

     

    Even though the fight for the market share between e-retailers has been going on for some time now, the day 6 October seems to have made history in the e-commerce space with discounts and deals never heard of and the impossible to miss marketing by the e-commerce sites. The day signals the start of a marketing war that is set to intensify in the months to come.

     

    In a bid to differentiate itself, Flipkart launched the ‘big billion day’ sale along with a matching television ad campaign for the past two weeks. It was projected as the mother of all flash sales, with the aim of surpassing the turnovers of multiple day sales in a single day. Though it did not turn out the way it was supposed to.

     

    The sale not only affected the home-grown brand Flipkart, it also impacted its competitors like Amazon and Snapdeal majorly along with Indian retailers like Future group. The Confederation of All India Traders (CAIT) has also launched a probe into the sites and the government may also launch a separate policy for the sector soon.

     

    According to Trust Research Advisory (TRA) CEO N Chandramouli the Big Billion day sale was merely a catalyst to a situation that has already been simmering for a while. “It is essential that the government looks into the matter as with the absence of legislative measures the online retailers exist in a state of anarchy,” he says.

     

    Talking about the Big billion day fiasco, Chandramouli reckons, “The Big Billion day fiasco definitely has coloured the perception of people negatively. If this has not awoken all the e-commerce brands to ensuring they tighten their systems before embarking on such an offer day, then there will still be trouble.”

     

    “On the other hand, this fiasco must have also strengthened the resolve of competing brands to prove that they will stand true to their promises, ensuring that their promise to the consumers is always met,” he adds.

     

    Chandramouli feels that mature players like Amazon were the gainers in this fiasco backed by their years of experience and learning. “Everyone other than Flipkart has benefitted from this fiasco. The competition is being trusted more and Flipkart’s stranglehold is being broken, the consumer has got some good deals and they benefit too,” he points out.

     

    Team Pumpkin business head Swati Nathani has a different view. She says, “We did see complete social media backlash for Flipkart on 6 October and assumed that the e-commerce giant will definitely not achieve the targets set by itself. However, at the end of the day, we did see Flipkart breaking all records and emerging as a clear winner. Despite that, the co founders sent an apology note to all the customers. In our opinion, Flipkart has gained more than it has lost after the fiasco.”

     

    When it came to ads, none of the e-tailers were behind. With Flipkart’s ‘Big Billion Day’ sale ads flooding the pages of major Indian newspapers, Amazon’s response alluded to India’s recent successes in space with its “Mission to Mars” campaign, while Snapdeal tried to play it cool with a pitch that ran with the tagline ‘For others it’s a big day. For us, today is no different’.

     

    The statistics show that a combination of #Flipkart and #BigBillionDay received approximately 57,600 mentions versus 15,000 mentions for #CheckSnapdealToday. #Flipkart and #BigBillionDay collectively received approximately 2,137 million impressions across Twitter, while #CheckSnapDeal received around 859 million impressions. Emotions favoured Snapdeal where it received only seven per cent negative sentiment mentions compared to 23 per cent for Flipkart. The conclusion could be that while Flipkart got the numbers, Snapdeal, even with the smaller numbers it could manage, kept customers happy.

     

    And now, even after the dust has settled on the 6 October fiasco, the ad wars continue.  As Amazon now comes up with its latest Diwali Dhamaka sale, Snapdeal continues with its trending #CheckSnapdealToday tagline. Full page back to back ads can be viewed in leading newspapers like the Times of India.

     

    Even as customers continue to shop with sites offering astonishing discounts, the retailers and the government have started expressing concerns over huge discounts being offered by e-commerce firms.

     

    While Chandramouli believes that there are only two possibilities in such cases, firstly that the offer is coming from manufacturers or the e-tailers are absorbing the losses of the discounts.

     

    “Either way, it is not sustainable. If the objective is to pulling in new e-buyers by offering them unheard of discounts, it will help, but it only builds the entire market, not loyalty to any particular brand,” he opines.

     

    Nathani reveals that the current focus of e-commerce players is more to gain the market share in customer mindsets rather than profitability. “Jabong has incurred a net loss of Rs 293 crore in the last fiscal year. So we would say that the e-tailers will even sell products at a loss to ensure that customers keep returning to them. Customers, therefore, are at the best spot right now in terms of advantages,” she says.

     

    But even with the losses, the discounts do not stop. “E-commerce is a rapidly growing sector and often due to the absence of a physical manifestation of the store, online advertisers tend to promise in superlatives,” says Chandramouli.

     

    Adding to the same, Nathani reckons, “Customers expectations have definitely risen in terms of discounts. For eg Snapdeal offered iPhone 5S for Rs 24,999 in its newspaper ad and now, this price has become benchmark for the customers who are looking out to buy the phone.”

     

    According to the pre-dominant consumer sentiment, Flipkart which holds 50 per cent market share in the Indian market may have to now work harder to get its back after the fiasco.

     

    Though, she clearly believes that In terms of numbers and reach, Flipkart is the clear winner currently.  “But with the constantly evolving strategies, they see Snapdeal getting closer to the top spot soon.”

     

    But with Diwali coming near, it would now be interesting to see how the #bigbillionday fiasco will or will not affect the sales of the portals and how prepared they are to give their customers a good time. But till they #happyshopping.

     

  • Diwali Dhamaka Week flags off on Amazon.in

    Diwali Dhamaka Week flags off on Amazon.in

    MUMBAI: The Diwali Dhamaka Week flagged off today morning on Amazon.in. Every day of the week, there will be great deals across hundreds of products from all categories enabling  Amazon.in customers  to make great savings on their Diwali shopping every hour. Amazon.in will be introducing new Lighting Deals every hour starting 7am to 6pm.  In addition, the next seven days will also witness launch of new categories, access to exclusive selection and many new surprises each day.
     
    “Customers can look forward to Amazon.in as their one-stop Diwali shopping destination this week. Each of the seven days, we will offer our customers in India the great savings on thousands of products every hour,” says Amit Agarwal, Country Manager & VP, Amazon India. “We have been receiving an overwhelming response from customers since morning for the deals & offers that are being introduced every hour as part of the Diwali Dhamaka Week,” adds Amit.
     
    Some of the exciting offers that customers can look forward to in the Diwali Dhamaka Week include –
     
    •         Rs. 2000 off on Kindle Paperwhite
    •         Flat 20% off on laptops
    •         Flat 30% off on mobiles
    •         FLAT 40% off or more on luggage & bags from brands like  American Tourister, Wildcraft, Puma and more
    •         Flat 25% off or more on Home & Kitchen products
    •         Upto 70% off on Books
    •         Flat 55% off on Handbags
    •         Flat 50% off on Shoes
    •         Flat 60% , 50%, 40% off on Men, Women & Kids wear respectively
    •         Flat 50% off on Jewellery
    •         Flat 50% off or more on 1000+ watches from Timex , Giordano, Maxima Eg0 and more
    •         Upto 40% off on Video Games
    •         Flat 40% off on Sports, Fitness & Outdoor products
    And more
    Some important deals coming up tomorrow include –
    •         25% off on Philips HD4419 2300-Watt Smooth and Ribbed Plate Table Grill
    •         23% off on Samsung Multi Function Wireless Printer
    •         30% off on Easyfit Adult Diapers (Large)
    •         34% off on Canon Lide 110 Flatbed Scanner
    •         Philips HL 7720 750-Watt 3-Jar Mixer Grinder
    All deals are available for a limited time and till stocks last. Customers can join the waitlist on deals that are 100% claimed and Amazon.in will alert them when that deal becomes available again.
     
    Special festive packaging
     
    Amazon.in has introduced special festive design packaging for this Diwali season. The festive design packaging has been launched in select but most frequently used sizes. Customers can shop for Diwali gifts on Amazon.in and get them delivered in these special packages without requiring to gift wrap them.
     
    Exclusive Offers
     
    Customers continue to enjoy exclusive access to  some of the most sought-after products like the Micromax Canvas A1 with Android One™, the Canon Powershot SX520 camera, Blackberry Passport, Hidesign’s new ICONIC range for both men & women, Timex Weekender collection of watches, audio products from House of Marley, etc.  
    Customers should download the Amazon Shopping app and visit often to keep track of exciting offers every hour!
    Women customers have a lot going for them this Karwa Chauth as Amazon.in has curated  a special Ethnic Jewellery for Karwa Chauthand a Jewellery Gift Store for them this week to celebrate the festival

     

  • Future Group to now tie up with an e-commerce site

    Future Group to now tie up with an e-commerce site

    MUMBAI: A day after lashing out at e-commerce sites such as Flipkart for undercutting prices, Future Group CEO Kishore Biyani said that he would announce his ‘exclusive e-commerce partner’ soon, according to media reports.

     

    As per the reports, Biyani agreed that he met Amazon founder and CEO Jeff Bezos in Delhi last week, hinting that he might partner with Amazon to sell its private labels.

     

    “We discussed many things like the macro environment, the prime minister and so on,” Biyani told a leading business newspaper talking about his meeting with Bezos.

     

    “We can learn a lot of things from e-commerce players regarding their supply chain and logistics, sourcing and so on,” Biyani added.

     

    The buzz is also that Biyani is expected to meet other e-commerce players for a tie-up.

     

    The group would first take its fashion products online, followed by FMCG, general merchandise, food and others, he further said.

     

    The reports also add, “While tying up with e-commerce portal is a ‘brand strategy’ Biyani said, the group’s own omni channel strategy, set to go live after Diwali, is a retail strategy or extension of his physical stores. He said the group’s omni channel strategy will work simultaneously along with retailing on e-commerce partner.”

     

    As part of the omni strategy, the group’s electronics format, Ezone, is expected to go online first, followed by premium food chain Foodhall and hypermarket chain Big Bazaar, a group executive further revealed.

     

    Biyani recently came out strongly against the strategy of e-com firms, accusing them of predatory pricing backed with foreign funding.

     

    Media reports quoted him saying, “Laws in this country do not allow sales below cost price. This is anti-competitive. We (at Big Bazaar and other retail brands) never sell below cost price.”

     

    The future group also launched ad blitz, lashing out at the e-commerce portals with taglines like, “No deal can win the trust of a billion people, you have to earn it.”

     

    His comments came after Flipkart announced that it clocked record sales of $100 million (Rs 610 crore) in just 10 hours of its Big Billion Day sale on 6 October. Rival Snapdeal also claimed to have matched it with its chief saying the portal saw sales of over Rs 1 crore per minute.

     

    But the Flipkart Big Billion Day was far from perfect, the e-commerce portal later apologised for the glitches encountered admitting its ‘failure’ in living upto the expectations of its customers. Acknowledging that it was not adequately prepared for the sheer scale of the event, Flipkart promised to come better prepared next time.

     

    Targeting the e-retailer after it released the apology letter, Future group released another ad with the tagline ‘You can’t take a nation for granted even for a day.’

     

    Confederation of All India Traders (CAIT) too has expressed concerns over huge discounts being offered by e-commerce firms. It has asked the Commerce and Industry Ministry to take steps to monitor and regulate online businesses.

  • We obsess about customer, not competition, says Jeff Bezos

    We obsess about customer, not competition, says Jeff Bezos

    MUMBAI: With the battle brewing in the e-commerce segment, the sector is making headlines every day; the latest being of Amazom chairman Jeff Bezos’s four-day visit to India.

     

    To make his business intentions in India clear, Bezos, who is on his second visit to India, carried out a road show on a supply truck at the premises of a shopping mall in Bangalore on 28 August handing a $2 billion cheque to Amazon India VP and country manager Amit Agarwal. This is by far the biggest expansion money from overseas that has come from a multi-national.

     

    According to the media reports, while handing the cheque, he said, “Amazon has unveiled a $2 billion investment in the country … we’ll work to better what Indians love most in shopping — vast selection, competitive pricing and fast delivery.”

     

    Amazon had announced a $2billion investment in India barely a day after homegrown Flipkart raised $1 bn from private investors.

    As per the reports, Bezos added that the cash pile will be spent on building performance centers, upgrading logistics services, developing the mobile platform and new tools and techniques to help the small and medium businesses.

     

    Amazon’s interest in the small and medium enterprises has been echoed by several homegrown e-tailers. While Snapdeal recently announced that it was inching close to the 100,000-seller mark, Flipkart has been tying up with industry bodies like FISME and NCDPD to penetrate the SME clusters.

     

    In an initiative called Amazon OneonOne, Bezos also had luncheon with about 100 customers on 28 September in order to find their views and opinions about the site and if there were any recommendations.

     

    According to various media reports, Bezos also indicated that policy hurdles in India is not impacting the company’s investment plans for the country. India is yet to allow FDI in online retail. Another issue is lack of clarity in tax laws that are impacting the company’s functioning in various states.

     

    Amazon’s main rivals in India are Bangalore-based Flipkart and Snapdeal, the Delhi-based company that counts eBay, Azim Premji and Ratan Tata as investors. Together, they have sold goods worth more than $4 billion, with Flipkart alone estimated to have crossed $2 billion. Alibaba, too, is keen on India, and the Chinese company has the money, experience and ambition to succeed here.

     

    Talking about the competition, Bezos also reportedly said, “We have a long history of obsessing over customers rather than competition.”

     

    With revenue of nearly $75 billion in 2013 the giant online retail site has a market value of $150 billion. It also runs a fast growing cloud computing business called Amazon Web Services and makes Kindle tablets and Fire smartphones. Bezos, in his personal capacity, bought The Washington Post newspaper last year. In India, Amazon started its technology operation first and employs a total of about 12,000 staff at offices in Bangalore, Hyderabad, Chennai and Delhi.