January 18, 2019
Headlines
- New EU Regulation To Impact All Indian Small Businesses
- Washing Machines Buck Flat Growth Trend In Home Appliances
- Amazon Is Making A Big Push Into India’s Offline Retail Market
- Organized Retail Can Become The New Sunrise Sector
- Snapdeal Launches Brand Shield To Report Fakes And Knock Off Items
- DIPP To Soon Begin Framing Fresh E-Commerce Policy
- Black Friday Mania Brings Big Success For Paytm Mall, Flipkart
- Amazon, Flipkart Ride On Rising Demand For Air Purifiers
- Electronics, Home Appliances Store Opened In DMU
- FinMin Aims To Rein In CAD at 2.2 To 2.3 Percent With Lower Crude, Higher Rupee
- China Opposes Global E-Commerce Rules
- SoftBank Investment Advisers Sets Up India Office, Names Sumer Juneja As Head
- Delhi NCR Tops Festive Shopping Chart On Paytm Mall
- Walmart Raises Stake In Flipkart to 81.3 Percent
- Air Purifier Makers Report High Double Digit Growth In Diwali Season
- Binny Bansal Out, Walmart May Abolish Flipkart Group CEO Post
- How To Make Rural E-Commerce Work
- ED Begins Probe Against E-comm Giants For FDI Norms Violation
- Three Businesspersons From South India Make It To Forbes List
- India-Taiwan SME Development Forum begins In Taipei, Taiwan
- Wealth Managers Eye Flipkart Crorepatis Post Walmart Payout
- E-commerce Surge Sends Malls To ICU
- Growth Of E-commerce In India Is Leading To Consolidation In The Industry
- Consumer Durables Financing Sees 32 Percent Rise As NBFCs Expand Footprint
- E-commerce Companies Miss November 10 Deadline To Deposit TCS
- Walmart To Invest USD 500 Million To Open 47 More Stores
- Amazon To Host Third Wave Of Great Indian Festival Sale from November 2–5
- Electronic Payments Pay Off To Fintech Firms In This Festive E-Commerce Season
- Alibaba B2B Venture In India Sees 89 Percent Dip In Profit
- Snapdeal Announces Three-Day Diwali Sale
Perspective
Dealers Speak
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Brands Retailed: Daikin, Hitachi, Mitsubishi Electric, LG, and Whirlpool Annual Turnover (2017–2018): Rs 9 crore Projected Growth (2018–2019): 15 percent The marketing scenario in offline retail is transforming. In the earlier...Read More -
Brands Retailed: LG, Intex, and Panasonic Annual Turnover (2017–2018): Rs 7 crore Projected Growth (2018–2019): 15 percent Air conditioners witnessed highest growth on our counter with 20 percent rise in sales....Read More -
Brands Retailed: LG and Videocon Annual Turnover (2017–2018): Rs 18 crore Projected Growth (2018–2019): 25 percent 2018 has been an all-time low for our business. Post GST the market witnessed a...Read More -
Brands retailed: LG, Samsung, Haier, Godrej, Whirlpool, and Panasonic Annual turnover (2017–2018): Rs 17 crore Projected growth (2018–2019): 20 percent H1 2018 was not profitable for us. Fluctuating prices led to...Read More -
Brands retailed: LG and Voltas Annual turnover (2017–2018): Rs 45 crore Projected growth (2018–2019): 25 percent Rise in household penetration of air conditioners has catapulted the sales from our counter. We...Read More -
Brands retailed: Videocon Group Brands Annual turnover (2017–2018): Rs 3.7 crore Projected growth (2018–2019): 15 percent We have experienced flat growth in 2018. E-commerce has emerged as the biggest challenge for...Read More -
Brands retailed: LG, Panasonic, and Intex Annual turnover (2017-18): Rs. 4 crore Projected growth (2018-19): 20 percent FY18 has been the most difficult year mostly for the dealer fraternity. After-effects of...Read More -
Brands retailed: LG, Samsung, and Sony Annual turnover (2017-18): Rs. 5.5 crore Projected turnover (2018-19): Rs. 6 crore The market has been on decline for the last 2-3 years for small- and...Read More -
With e-commerce players mushrooming in the market, we anticipate slow growth. Though they market outdated stock with heavy discounts but it does not bother price sensitive consumers. Today’s consumer looks for convenience in shopping, which is why we are planning to expand our store in the next financial year and market more brands with the idea of providing a one-stop solution in order to gain back heavy footfall.