Flipkart News & Updates

kooldude

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Indian Govt has restricted foreign investment for ecommerce companies.
As most Indian Ecommerce Companies are funded by Foreign Ventures the fall is inevitable unless there is a change in policy brought about by the government.
No signs of Amazon entering India too as FDI in retail bans ecommerce.
The death of Indian ecommerce is near and to be honest its a very sad end.
More Info here
 

Navjot Singh

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Agreed that it may be the reason. But a common consumer does not know all this. The least Flipkart could have done is informed users about the change. They keep increasing the prices in secrecy with a consumer caught offguard when he tries to shop. Companies need to keep the consumer informed about their price and policy changes.
 

MediaFire

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navjotjsingh said:
Agreed that it may be the reason. But a common consumer does not know all this. The least Flipkart could have done is informed users about the change. They keep increasing the prices in secrecy with a consumer caught offguard when he tries to shop. Companies need to keep the consumer informed about their price and policy changes.
only in our dreams , flipkart price changes everyday , reduce Rs 100 and raise rs 200
flipkart has gone greedy , except for few items on Flipkart there are alternatives for most of them
 

kooldude

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@Mediafire There are under pressure to turn profitable.Looks like they have chosen the wrong method by increasing prices suddenly without any announcement.
Infibeam is not run by any foreign funding.So atleast hope that they can sustain in the longer run.
Many unknown startup ecommerce sites have shutdown,few have Merged
Everyone knew it was an ecommerce bubble.Many started sites so that they will be acquired by bigger players like Amazon.
Our Indian Government has so far only shown middle finger towards amazon.
We can only hope for things to change but realistically they have made it difficult for small and medium businesses.
 


mhsabir

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Well ebay works differently right, vendors take care of everything & ebay sort of takes part of the profit for brokering the deal. Also the vendors are mostly local or if not they individually will change their cost/shipping.
 
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well ebay country manager muralikrishnan predicted this long ago that soon flipkart,snapdeal will force to rise prices as soon as the funding from their investors are limited. because their model was not at all profitable for low value items.
 
D

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500 is just way off. to get free shipping.
Atleast with FK we get good service.
but with snapdeal its not that great. Like yesterday i got a delivery from them and the product they sent is a miss match case. Now as expected instead of some quick resolution they sent a mail that we are working on it wait for more 24- 48 hours for our resolution.
So another 3days wasted with snapdeal.

With Fk, they give resolution in few min when ever i had a problem and it was really rare.
 

ashish

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When they increased from 200 to 300, it was a minor bump though significant as it increased by 50 %.
Now 500 is too much plus they also increased shipping charges from 30 to 50.
All the competing online book sites have rs 300 minimum for free shipping. now unless they too increase the prices to rs 500, FK will take a massive hit atleast in the books category.
 

mega_processor

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kooldude said:
Indian Govt has restricted foreign investment for ecommerce companies.
As most Indian Ecommerce Companies are funded by Foreign Ventures the fall is inevitable unless there is a change in policy brought about by the government.
No signs of Amazon entering India too as FDI in retail bans ecommerce.
The death of Indian ecommerce is near and to be honest its a very sad end.
More Info here

isnt junglee controlled by amazon?
as far as flipkart is concerned i feel them.I have worked for an ecommerce company for a short period and it is really bad situation when the parcel costs 300 bucks but has a huge volume whose courier fees are around 100 bucks.