Some good facts about Myntra, Flipkart, and Amazon

In this post, we shed light on Some good facts about Myntra, Flipkart, and Amazon. Which all need to Know. Although, Flipkart received Myntra in 2014 for a record-breaking sale valued at ₹2,000 Cr ( almost $280 million). Here are some good facts about Myntra, Flipkart, and Amazon.

Here are Some good facts about Myntra, Flipkart, and Amazon:-

Some good facts you need to Know about Myntra:-

  1. Firstly, Myntra began as a platform to sell Personal gift items in 2007.
  2. Secondly, In May 2014, Myntra earned by the Indian Top e-commerce platform Flipkart in a sale of $280 Million.
  3. Thirdly, Myntra given products from approx 500 Indian. And International Brands, including the top brands such as Being Human, Fastrack Watches, Adidas, Fabindia, Nike, Catwalk, and others.
  4. Myntra earned its equal to become India’s biggest Fashion Platform on $70 Million.
  5. Although, there are overall 1,50,000 items of over 1000 brands with a shipping area of around 9000 pin codes in India in 2014.
  6. In 2017, Fashion Brands Myntra sold the rights to operate Esprit Holdings’ 15 offline markets in India.
  7. Precisely, Puma India Awarded the Myntra as the ‘Best E-commerce Partner of the year in 2011-12’.
  8. Myntra increased its primary funding from Accel Partners, Sasha Mirchandani from Mumbai Angels, and other investors.
  9. Myntra started its first digital reality show – Myntra Fashion Superstar, on the Myntra app in September 2019.
  10. The company grew InLogg, a technology-based platform that provides end-to-end logical solutions for the eCommerce field.

Some Good facts about Flipkart

  • Flipkart sets Target Market Size:- Flipkart uses a similar targeting plan, as people of all demography buying items online. Which is convenient to everyone where the delivery is possible. As per the National & Multinational E-commerce organizations are giving neck-to-neck equal match to each other. Flipkart placed itself as a trustworthy and customer-friendly E-commerce stigma. Mainly, The online retail business market is of a size of almost 60 billion USD. Also, It is expected to touch 200 billion by the year.
  • Flipkart – Business Model and Revenue Model:- Flipkart works on a B2C business model, which stands for the Business to Consumer model. The company initially started with a direct customer model where? It sold books and some other products. Nowadays, it becomes a marketplace with many optional lists of products. Also, Flipkart declares it has over 80 categories and over a million marketers on board from all over India. Moreover, The company started an uncommon feature of value word by offering 24 x 7 help to the customer. It may vary from 5% to 20% exclude the taxes and discounts.

Main facts of Amazon Success

From a user view, it is an easy to handle Amazon’s success. Amazon is the huge and most successful market in the world. Although, because they got the best results by clients. Also, buyers want 3 main things when they buy items online:-

  1. Huge choice:- Firstly, Buyers always want to find the items, that they see in items quality and, is this product should be in stock.
  2. Low cost: Secondly, users want to pay as small as like for an items.
  3. Fast Delivery: Thirdly, Buyers want to get their orders as fast as possible.

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