The holiday season, or shall we say the ‘shopping season’ is fast approaching. This year, the ecommerce sales in U.S. alone are expected to grow by 11.2% as compared to last year, amounting to a total estimate of $149 billion. As per McKinsey, US customers spent a record $850 billion in the weeks between last Thanksgiving [...]
There are over 2 billion smart phone users in the world and about 56% of the world’s population has access to the internet. More than 21% of the shoppers make their purchases online. In the first quarter itself of 2019, consumers have spent over $22 Billion on mobile applications. [...]
Decades ago, Walmart changed the picture of retail in the American market and altered the economic balance by shifting power from manufacturers to retailers. By forcing decline of small, local, old-school stores through lower prices, Walmart paved the way for the magnanimous stature that it has now. The retail [...]
This year, Flipkart, India’s largest E-Commerce company, briefly encountered issues yet again as its Big Billion Day sale progressed. The payment gateway was down, albeit briefly, and consumers could not finalize their purchases. One year ago, in its attempt to limit access only via the mobile application, Flipkart’s sale [...]
