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Tag: Yepme

  • Indian brand Yepme enters Middle East with Souq.com, after its success in Europe & US with Amazon

    MUMBAI: After successful launch of Yepme in UK, Europe and US in association with Amazon’s global selling program. Yepme today announced its launch on Souq.com – the leading online marketplace in Middle East – for selling its merchandise in key Middle East markets.

    Yepme is a fast fashion Indian brand in the value segment with a vast range for Men and Women Apparels, footwear and accessories including casual, formal, active and party wear. Through this association, the “Unreasonably Fashionable” brand Yepme will transcend geographical boundaries and take its offerings overseas to delight Middle East customers. Yepme has more than 2000 products live for sale of Souq.com and is likely to reach 3000 products by the end of the month. All Yepme products are on “Fulfilled by Souq” model that ensures timely delivery to the customers.

    Yepme has a great talent pool in product design, technology and brand building and its presence on Souq.com will help Yepme reach out fashion conscious customers in the Middle East markets.

    “Yepme’s presence on Souq.com is another big step in increasing Yepme’s global footprint. Such association with leading marketplaces in the region can be truly disruptive as speed to market, customer service, latest trends on fashion will not be incrementally better than brick and mortar value fast fashion brand but would be a quantum leap in Value fast Fashion Space” said Vivek Gaur, CEO, Yepme.

    As per Sandeep Sharma, COO & Co-founder Yepme, expansion into Middle East was a logical step after achieving profitability in India and launch in UK, Europe & US. In his view, the three robust pillars of Technology, Fast Fashion Supply Chain and Brand will help Yepme gain market share in Middle East Fashion Market.

  • Online fashion brand Yepme expands into Europe

    MUMBAI: Yepme announced its plan to expand into Europe. The company has launched uk.yepme.com to service customers across UK. The brand footprint is also being extended beyond its own webstore across Europe through presence in a large online marketplaces in the UK, Germany, Italy, France and Spain.

    More than 2000 products have gone live. The Campaigns have been shot in the fashion capitals of world namely London, Paris and Los Angeles. The fashion showcased is European fashion. The core proposition is about being “Unreasonably Fashionable.” The core proposition is driven by fast fashion supply chain of brand Yepme that delivers Mind to Market cycle of 30 days.

    Europe offers a huge opportunity for brand Yepme as countries like UK have online sales as percentage to Retail market of close to 17%. This is even higher than US, where online market contribution to total retail market is around 14%. As pe remarketer.com, in 2016, UK online market size was $ 110 Billion. This is way bigger than Indian online market size of $ 24 Billion in 2016. The Yepme European expansion Plan is led by its 100% subsidiary in the UK.

    Yepme will build on its core strengths of in house technology to deliver single view of the customer and resources, low cost fast fashion supply chain, experience of building high brand salience in Social media (6 Million plus fans on Facebook). The brand Yepme uses variety of online tools to get insight into latest trends on Fashion across Europe. The teams in India and UK will work closely to deliver on the core proposition of being “Unreasonably Fashionable” at value pricing.

    Co-Founders Vivek Gaur and Sandeep Sharma have personally worked out nitty gritty of the launch. Vivek Gaur, while speaking on the subject, echoed that it’s a great leap for an Indian brand to make an entry into highly competitive fashion market in Europe.

    As per Sandeep Sharma, expansion into Europe was a logical next step after achieving profitability in India. In his view, the three robust pillars of Technology, Fast Fashion Supply Chain and Brand will help Yepme gain market share in a very competitive European Fashion Market.

  • Simplification of wallets key to digital payment’s success

    Simplification of wallets key to digital payment’s success

    MUMBAI: In a world fast moving towards all things digital, simplification of wallets will be the key to digital payment’s success.

    Addressing the session ‘Paving the way for Digital Money in India’ at IAMAI’s Digital Money 2015 Summit, Nykaa.com chief strategy officer Nihir Parikh said, “To go truly digital, there needs to be a process of paying through wallet that is less cumbersome. It should be a one click check-out like cash-on-delivery option. The time has arrived for integrated payment gateway, unless this is in place, it will be difficult to evolved digital payments.”

    Panelists at the session concurred that while women shoppers shopping online has increased phenomenally, 80 per cent of them still use cash –on-delivery as mode of payment. The last couple of years have seen a rise in internet banking, use of debit card for online transactions and usage of mobile wallets.

    The panelists were of the view that unless there is consolidation in the wallets segment, user base will not grow. Since by 2018, almost 50 per cent of internet users will be from rural India, the digital payment platform needs to embrace simpler and consumer friendly forms of transaction.

    A holistic approach towards payments ecosystem is inadvertent and digital platforms have provided a great opportunity for financial inclusion, in every aspect.

    The panel included Amazon India payments head of strategy and products Srikanth Rajagopalan, Yepme CEO Vivek Gaur; PayU Money business head Virender Gupta; Nykaa.com chief strategy officer Nihir Parikh, E-Billing Solutions  director Bhavin Mody and ItzCash Card general manager & business head Bhavik Vasa. The session was moderated by Billdesk co-founder and director Srinivasu M.N.

  • Yepme partners YRF and Shah Rukh Khan for ‘Fan’

    Yepme partners YRF and Shah Rukh Khan for ‘Fan’

    MUMBAI: E-commerce platform Yepme.com has associated itself with Shah Rukh Khan’s upcoming movie Fan. Directed by Maneesh Sharma and produced by Yash Raj Films, the movie is scheduled to release on 15 April, 2016. 

     

    The brand is running a full-fledged 360 degree campaign, #iamfan contest, to bombard its association across all platforms including social media. The contest revolves around SRK looking for his 100 biggest fans, who will get to be a part of a unique activity where their profile pictures become a part of the Fan movie logo.

     

    The campaign kick-started with the launch of the TVC that has Khan talking about the #iamfan contest. The TVC captures the mood of SRK’s most popular movies, which along with clippings from the Fan movie teaser, shows lakhs of fans expressing their love for SRK. 

     

    The winners will also get a chance to be part of videos and promotions for the movie, while some lucky winners will get the opportunity to meet Khan in person. 

     

    Yepme founder and CEO Vivek Gaur said, “Yepme has very actively positioned its Fresh Fashion Model and now our aim is to get closer to our customers and the campaign will help us generate plethora of conversations around it. The #iamfan contest itself is planned to involve our end users into various engagements to build a two-way communication and what better way to initiate that but to make them talk about their love for Shah Rukh Khan. The man unarguably has one of the greatest fan following globally and it’s a huge opportunity for Yepme to strengthen its vision as a global brand. We are defininitely looking at this association as a good platform to gain popularity and recognition.”

     

    YRF’s Youth Films | Brand Partnerships | Talent Management business and creative vice president Ashish Patil added, “Fan is going to be one of the most exciting projects to come out of YRF and among SRK’s most path-breaking performances till date. We have always believed that it’s the fans who make actors, stars and films, super hits. So we are delighted to partner with Yepme.com to present the millions of SRK fans worldwide, never before innovative opportunity to become a part of the core identity of Fan with the #iamfan contest. Keep watching this space for details, the fun has only just begun!”

  • Yepme to fly customers to cheer West Indies for World Cup

    Yepme to fly customers to cheer West Indies for World Cup

    MUMBAI: With the Cricket World Cup just a few days away, Yepme.com, an online fashion brand, has announced the ‘Fly To Australia and cheer for West Indies’ contest. 

     

    This comes on the back of Yepme announcing the sponsorship of the West Indies cricket team for the ICC World Cup ODI 2015, about to get underway in Australia and New Zealand. The West Indies cricket team jerseys will now sport the Yepme logo.

     

    “We are proud and excited to sponsor the West Indies team in the ICC World Cup. Being the third largest sports tournament in the world, which will be seen in more than 182 countries, it’s a huge opportunity for Yepme to strengthen its vision as a global brand! We are also providing an opportunity to cricket lovers across the country to go and watch the action live at Australia. We look forward to a large number of cricket fans participating in the contest even as they browse the fresh fashion at Yepme.com” said Yepme founder and chief operations officer Sandeep Sharma.

     

    Customers can participate by downloading the Yepme app and answering a question on Fresh Fashion. Up to 50 winners will be given tickets to Australia and a chance to watch West Indies team in Australia live, along with three days and two nights’ accommodation in Australia. 

     

    Speaking about the association, West Indies Cricket Board (WICB) commercial manager Nelecia Yeates said, “We welcome Yepme to the West Indies cricket family of sponsors and partners for the world’s premier cricket event – the ICC Cricket World Cup. We look forward to a mutually beneficial association as the West Indies team remains one of the most attractive cricket teams in the world and will be one of the favorite teams in the World Cup.”

     

    The Yepme app is available on Android and customers can interact with the app in Hindi and English.

  • Yepme to sponsor West Indies team in ICC Cricket World Cup 2015

    Yepme to sponsor West Indies team in ICC Cricket World Cup 2015

    MUMBAI: Yepme will be the West Indies team sponsor for the upcoming ICC Cricket World Cup 2015 in Australia and New Zealand.

     

    The announcement was made by the West Indies Cricket Board (WICB). 

     

    WICB commercial manager Nelecia Yeates said, “We welcome Yepme to the West Indies cricket family of sponsors and partners for the world’s premier cricket event – the ICC Cricket World Cup. We look forward to a mutually beneficial association as the West Indies team remains one of the most attractive cricket teams in the world and will be one of the favourite teams in the World Cup.”

     

    Yepme founder and COO Sandeep Sharma added, “We are very excited about this sponsorship with the West Indies team in the ICC World Cup. Being the third largest sports tournament in the world, which will be seen in more than 182 countries, it’s a huge opportunity for Yepme to strengthen its vision as a global brand.”

     

    “We are glad to bring together two great teams, Yepme and the West Indies cricket team. The ICC World Cup 2015 is going to be one of the biggest sports events this year. West Indies, as always will be a strong contender for the World Cup and the association gives Yepme a global platform to showcase their brand,” said Baseline Ventures co-founder and director Vishal Jaison, which helped facilitate the deal.

     

    The Cricket World Cup commences on 14 February with West Indies playing their opening match on 16 February against Ireland.

  • From advertising to selling saris, Arvind Sharma turns entrepreneur

    From advertising to selling saris, Arvind Sharma turns entrepreneur

    MUMBAI: The e-commerce sector in India is going through a purple patch and the latest one to enter the bandwagon is none other than Arvind Sharma.

    After spending over three decades in the advertising industry, Sharma has been bitten by the entrepreneur bug. He along with one of the founding members of Yepme, Amit Gaur, has launched an online platform for the treasured Indian outfit – sari.

    The self-funded, Indiasarihouse.com, aims to enhance and simplify the sari shopping experience along with benefitting the weaver community.  

    “A sari is more than a piece of commerce.  It is the Indian women’s attire for every day and for special occasions. It represents the spinning, dyeing and weaving arts of India, nurtured by kings, queens, and princesses and perfected by India’s craftsmen over centuries. Each sari woven by a weaver’s family represents a piece of Indian history and culture. India Sari House aims to build a self-sustaining long-term channel directly between the weavers and sari consumers around the world. Amit’s wealth of experience in sourcing and e-commerce operations will help us hugely in our ambitions,” says Sharma.

    The platform has recruited textile and fashion graduates, who find and verify the weavers across 20 centers in the country.  From pure silk offerings like Kanjivarams, Dharmavarams, Banarasis to pure cottons ones like Ikkats, Mangalagiris, Tants and Kerala Cottons, the recently launched website has everything a woman would desire in her wardrobe.

    Apart from increasing the number of sari centers in the near future, the sari house plans to get some of India’s famous designers to each adopt a weaving center and help modernise the designs some of these centers produce.

    On funding the project, Sharma highlights that after three to four months he will start talking to the investors to raise funds for the platform and take it to the next level.

    Gaur says, “We are building a channel with quality and integrity. To deliver these to the consumers, we have deployed a team that visits and identifies weavers that India Sari House will deal with. They hand pick saris from these weavers. We have put together another team of qualified textile and fashion experts to examine each sari and rate it on 4F factors – Fabric authenticity, Fine workmanship, Fashion quotient and Fitness for occasions. Each sari we sell will come with a 4F certificate. Since, India Sari House buys and stocks all the saris it sells, consumers can be sure that all saris will be shipped to them within 24 hours.”

    Indiasarihouse.com is accessible to consumers around the world. However, initially it is being promoted in the US, Canada and the UK. Over time, it plans to cover 23 major countries of the world where there is a significant Indian diaspora presence.

    Currently, Resultrix is handling the digital promotions of the web store while Underdog is the creative agency for the account.

  • Shah Rukh Khan joins the e-commerce wagon

    Shah Rukh Khan joins the e-commerce wagon

    MUMBAI: From industry veterans to Bollywood superstars, everyone wants to be a part of the red-hot Indian online retail market. The latest to board the e-commerce train is the King of Bollywood Shah Rukh Khan who has signed on as the brand ambassador for the fashion e-tailer Yepme, which is his maiden association with an online commerce player.

     

    The brand will introduce the legendary actor who is often touted as the national style icon as its brand ambassador, through an extensive television campaign for its upcoming Autumn-Winter collection 2014.

     

    Expressing his excitement at joining hands with Yepme.com, the baadshah of Bollywood said, “This is the first time that I am endorsing an online fashion brand and I am very excited to partner with Yepme for this! For fashion to be impactful, it has to evolve with time and maintain freshness. Yepme, with its focus on fast fashion is an extremely innovative and fashion right brand, offering the most current fashion trends. I look forward to join the fashion revolution that they have started which is taking the youth across the country by storm!”

     

    According to media reports, the deal with the Gurgaon-based company is structured in a way that lets the actor pick up a stake in Yepme going forward.

     

    Speaking on the announcement, Yepme.com co-founder and COO Sandeep Sharma said, “We are thrilled to have Shah Rukh on board. This association will definitely help build a strong connect between the brand and his fans across the country. Shah Rukh commands a huge fan following across all age groups in India and abroad and his presence will drastically increase the aspirational value of Yepme.”

     

    “He is the King of hearts, extremely hardworking and well read and carries himself with a sense of style that is a class apart. His style is effortless and casual and that is what we, at Yepme are all about,” he added.

     

    Further it is also learnt that the four-year-old company has got on board Prasoon Joshi to work on the new campaign that goes live on 10 November. Their plan is to spend Rs 15-20 crore over the next three months on its multi-media advertising campaign featuring SRK in an attempt to fight its bigger rivals.

     

    Earlier this year, Yepme had signed some of the other known faces of Bollywood like Farhan Akhtar and Sonu Sood its brand ambassadors.