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Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [3] Snapdeal is one of the top 5 online marketplaces in India. [4] Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market. [5]
The market went up to $12.6 billion in 2013. In 2013, the e-retail segment was worth US$2.3 billion. About 79% of India's e-commerce market was travel related in 2013. [11] According to Google India, there were 35 million online shoppers in India in 2014 Q1 and was expected to cross 100 million mark by end of year 2016. [12]
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
Well, grab your credit card, because HSN is having a rare clearance sale — and it's only for 24 hours. Right now, you can save up to 50 percent off a massive range of items at HSN and get free ...
In 2016, received an award in Search Marketing at 6th India Digital Awards function. [26] In 2015, won Silver at Effie India Awards for Ghar Wapsi Campaign. [27] In 2015, honored with Advertising Campaign of the Year by Indian e-retail Awards for its TVC, From Ding to Dong. [28] In 2015, termed as the Coolest Start-Up in India by Business Today ...
He is the Promoter of Unicommerce, a SaaS company in India, which had its IPO in 2024 becoming on the most highly subscribed IPOs of the year. [ 9 ] He is also the Co-founder of Titan Capital, an early stage venture capital firm in India and has invested in companies like Ola, Urban Company, Mamaearth, Credgenics, Shadowfax, Razorpay, Giva ...
When customers are told that the reason for a price reduction is a stock clearance, they find this less attractive than other explanations such as a volume discount. [1] This is because they suspect that the stock clearance indicates that the products are of poor quality. There are a number of companies that specialise in stock clearance.
Shopsy is a zero-commission marketplace model for sellers in India. It is a digital commerce initiative by Flipkart, the Bengaluru-headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [21] [22]
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