‘We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next 10.” When considering the automotive industry, it is certainly heading towards e-commerce, however we are unsure of when this will materialise entirely. We believe that implementing e-commerce in automotive online showrooms is the logical next step in order to stay in line with the changes in customer behaviour. E-commerce should be used as a method to unite the online showroom to the physical dealership, not replace it.

Publication : AM Online

Date : May 28, 2019

Amazon.com Inc and Walmart Inc’s Flipkart are unlikely to fully participate in an Indian antitrust body’s study of the e-commerce sector for fear of revealing trade secrets, two people with direct knowledge of the matter said. The Competition Commission of India (CCI) is engaged in what it describes as a “fact-finding exercise” aimed at better understanding the e-commerce sector, showed a document distributed to several e-commerce firms and reviewed by Reuters. The CCI document features 88 questions over 12 pages requesting recipients volunteer pricing strategies, product information and the identities of their biggest-selling vendors.

Publication : ET Retail

Date : May 28, 2019

Seattle : Two months ago, Amazon.com Inc. halted orders from thousands of suppliers with no explanation. Panic ensued — until the orders quietly resumed weeks later, with Amazon suggesting the pause was part of a campaign to weed out counterfeit products. Suppliers breathed a sigh of relief. Now a larger, more permanent purge is coming that will upend the relationship between the world’s largest online retailer and many of its long-time vendors.In the next few months, bulk orders will dry up for thousands of mostly smaller suppliers, according to three people familiar with the plan.

Publication : Livemint

Date : May 28, 2019

For centuries and decades, societal patriarchy has always dictated that men were the household’s sole hard-working breadwinners whereas females were painted as traditional housewives with a penchant for splurging their man’s wealth for vanity. This archaic notion is being slowly being dismissed thanks to several women empowerment movements across the globe. However, stereotypes of women being shopaholics whilst men loathing the same activity has been ingrained in people’s mentality during modern times as well. In an era where information technology has created waves of awareness, gender roles are now being rethunk and demographic norms redefined.

Publication : The Pioneer

Date :  May 28, 2019