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Showing posts from November, 2014

eCommerce Shopping: Getting India's Population Online

e-Commerce e-tailers are gearing up for a surge in business with a fortnight of discounts during the ongoing Google-led online shopping festival followed by Black Friday and Cyber Monday next week. The affiliate sites are creating 'how-to' guides for best deals in different categories, anticipating a four-fold rise in traffic and a similar jump in revenue. Sites that offer price comparisons, couponing and best deals may come up on top by creating 'how-to' guides during the GOSF (Google Online Shopping Festival). Smaller e-commerce merchants also gain from the rising traffic, given that they offer niche products and comparable discounts. 
The idea in India is to get more people interested in online shopping by attracting first time e-shoppers. Getting India's population online is a mammoth task. The Indian Government also has a plan to connect all of India's villages with a national fibre-optic network to create a truly Digital India.
SJP @ DigitalAsian

Mumbai Graffiti - IdeaIndia.Com

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Fashion Street, Mumbai - IdeaIndia.Com

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Life on the Streets in Mumbai - IdeaIndia.Com

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Indians get Mobile with their Money

The nascent mobile wallet market in India is estimated to grow over threefold to Rs 1,210 crore in the next five years, buoyed by rising smartphone users and entry of newer players into the sector reports the Times of India. According to a study by research and consultancy firm RNCOS, the current Indian market size for mobile wallet (m-wallet) stands at about Rs 350 crore and is estimated to rise to Rs 1,210 crore by 2019. "M-wallet market is projected to grow at a CAGR of around 30% in the next five years from 2015-2019. This is mainly due to increase in the demand for smartphones, which is estimated to grow at a higher pace, and rising mobile Internet users, which has grown at 92% in 2013," RNCOS said in the report. Any smartphone user can install m-wallet application in the handset and can create own log in account. They will get a permanent pin number for utilizing m-wallet services. RNCOS said: "M-wallet has a high capacity as an alternative to traditional and cur…

eCommerce in India - Delivering the Goods

eCommerce and mCommerce in India is growing at breakneck speed as more and more users go online to shop for goods and services. But it is at the stage of the last mile that some users get a poor service. While Indian e-tailers are getting huge amounts in investment, they are falling behind in keeping their delivery systems up to speed with the growing customer base and their expectations about e-commerce. Indian eCommerce is in a state of flux at present but the e-tailers will probably eventually get their act together. Some e-tailers are in discussions with India Post to improve delivery services to smaller towns in India. e-India or m-India still has some way to go to get the kind of reliability of delivery service you get in Europe.
SJP @DigitalAsian

Lights on Haji Ali, Mumbai - Photos of Mumbai - IdeaIndia.Com

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eBooks: Apple keeps the Lawyers Away

Times of India reports that a US judge has given final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices. During a hearing in Manhattan, US District Judge Denise Cote approved what she called a "highly unusual" accord. It calls for Apple to pay $400 million to as many as 23 million consumers if the company is unsuccessful in appealing a ruling that found it liable for antitrust violations. The $400 million comes on top of earlier settlements with five publishers in the case, which provided $166 million for e-book purchasers. Apple agreed to the settlement in June, ahead of a damages trial set for two months later in which attorneys general in 33 states and territories and lawyers for a class of consumers were expected to seek up to $840 million. During hearing, Cote said it was an "unusually structured settlement, especially for one arrived at on the eve of trial.&qu…

Tunnel Vision in Mumbai - IdeaIndia.Com

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Hang on Sirji, I've got a great idea

Idea theft is rife in the advertising industry according to an article today in the Economic Times. The article suggests that corporates and their ad agencies go idea 'shopping' to get the best ideas which are then used while the people who originally came up with the idea lose out. Getting clients to sign Non-Disclosure Agreements may be one way for the ad agencies to protects their ideas. Ideas can be difficult and expensive intellectual property to protect. From Italian Job's "Hang on lads, I've got a great idea" to Indian job - "What an idea, Sirji".

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Nana Chowk Mumbai - IdeaIndia.Com

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Modi Taking India Mobile for M-Commerce

Mobile commerce or M-commerce is set to grow rapidly in the next couple of years according to a report by Juniper Research. The report estimates that more than 2 billion mobile phone or tablet users will make some form of M-commerce transaction by 2017.Mobile consumption of services such as banking, money transfer and purchases of goods and services is surging as consumers are either migrating from desktop usage or becoming first-time e-commerce users through their smartphones or tablets. 
There was news earlier that under its Digital India programme, the Indian government, very ambitiously, wants everyone in India to have a smartphone by 2019. It seems Prime Minister Modi wants everyone to go mobile for M-commerce for a Mobile India.

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Tightrope Walker in Mumbai - IdeaIndia.Com

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WANTED: A Bride for Rohit - eBook Novel by Promilla Malhotra - IdeaIndia.Com

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Crawford Market Mumbai - IdeaIndia.Com

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Digital India: E-commerce Ecosystem in India

Digital India: India's e-commerce ecosystem is taking shape. India's e-commerce startups, and there are many, are facing hot competition and are looking at their branding and creating a strong identity. The India e-commerce ecosystem is evolving at a fast pace. The Indian government's Digital India programme has caught the imagination of many investors, from India and abroad, who are now showing the colour of their money with their investments in Indian e-commerce. NaMo has created a buzz around Digital India and e-commerce. That buzz is creating a lot of activity here
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Mumbai Psycho? - Images of Mumbai

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Gateway of India, Mumbai - IdeaIndia.Com

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Interest in India: Inspired by NaMo

Interest in India has increased this year. With Digital India, Make in India and Narendra Modi as Prime Minister in India investors are starting to take more interest in India. NaMo now appears in the Forbes most powerful people list while Sonia Gandhi has been removed. NaMo seems to be the inspiration in India. Tech giants are investing in India in terms of e-Commerce and Digital India. Microsoft, Google and Facebook, to name but a few, are lining up to get a slice of the action in Modi's Digital India and Smart Cities programmes. Foreign businesses are starting to get fresh ideas in India. NaMo now has to deliver the goods. 

SJP @DigitalAsian

Taj Hotel, Mumbai - Photos from IdeaIndia.Com

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Nariman Point, Marine Drive, Mumbai - IdeaIndia.Com

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More Honey for your Money in Mumbai - Photos of Mumbai

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Monkey Business in Mumbai - Photos of Mumbai

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eBooks: It's All About the Digital Content Distribution Channel

Andrew Wylie, literary agent to some well known authors such as Salman Rushdie, is reported in the media as describing the tech giant Amazon as "sort of ISIS-like distribution channel" because it takes a huge chunk of the sales of eBooks, which doesn't leave much for the publishers and authors. He is also said to have referred to Amazon as a "digital trucking company". Tech giants like Amazon and Apple have become very powerful distribution channels for eBooks, music and other digital content.

Where once publishers held sway over their authors, e-commerce has turned the tables. For digital content such as eBooks and music, it is the distribution channel that appears to be all important nowadays which is why the likes of Amazon and Flipkart are spending millions (at the expense of profit) developing and marketing their distribution channels. It appears that intellectual property owners of the digital content and their publishers are no longer dominant. It is al…