May 3, 2019

Competition and Industry News

Pepperfry ties up with BankBazaar to offer loans for home renovation, furniture purchaseedit

Pepperfry, the furniture and home products marketplace, has tied up with BankBazaar, a personal finance marketplace, to offer its customers personal loan facility to refurbish their homes. Consumers seeking personal loans to renovate their homes can of avail of this benefit in five simple steps, with the assistance of an executive at any Studio Pepperfry across the nation. The customer has to provide basic personal details on the website, leading to mobile number verification through OTP. Once validated, the customer can choose from the bank offers specially curated for him/her by different banks in real time. The customer can then proceed with an online application for the loan or request a BankBazaar executive to assist offline.

Publication : Hindu Business ...Pepperfry

Amazon India’s export sales crosses $1 billion, projects $5 billion in four yearsedit

Amazon claims it is also working with the government in formulating policy changes, leveraging on the ‘Make in India’ campaign the government is promoting. Amazon confirms that the government too is putting its best foot forward by bringing down the documentation and other infrastructure creation where needed and so on. Now that Amazon’s US rival Walmart has entered the Indian e-commerce scene, the exporters in the product lines identified above are getting orders from the US company.

Publication : The News Minute (Online)

Date : May 02, 2019

E-commerce
Top E-Commerce Development Trends You Can’t Avoid in 2019edit

As the famous saying goes, “Change is the only constant in the universe,” and changes in e-Commerce is no exception. E-commerce makes up over 10% of all retail sales in the world with predictions that it will reach over 20% in the coming years. The conversion with mobile technology is steadily on the rise – Forrester reported an over 50% increase in mobile e-commerce sales. As online sales are steadily increasing, the expectations of customers are growing as well. For an e-commerce development company to reach its target consumers, and convert sales, they have to have creative and effective development strategies set in place.

Publication: Customer Think (Online)

Date: May 02, 2019

E-commerce
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