Tag: Flipkart

Snapdeal has acquired technology startup MartMobi

Indian e-commerce giant Snapdeal has successfully MartMobi, a technology startup based in Hyderabad. MartMobi specializes in enabling businesses, brands, and merchants to have a mobile presence without having to bother with coding themselves. The platform has become particularly popular among those interested in mobile commerce. It can be used to create applications and other solutions for retailers that want to engage in mobile consumers in a dynamic way.

Retailers are feeling the need to engage in mobile commerce

Mobile commerce is flourishing in India. Smartphone penetration is at an all time high and consumers are showing a great deal of interest in using their mobile devices to shop for and purchase products online. Consumers have shown favor for the convenient nature of mobile commerce, as it makes it easier for them to shop for products. Retailers that want to tap into the promise of the mobile market must, of course, have some sort of mobile presence, which is where platforms like MartMobi come into play.

Acquisitions could give Snapdeal a fighting edge against other companies

Snapdeal has acquired MartMobi for an undisclosed amount. The company has been on an acquisition spree in recent years, hoping to compete with other companies in the electronic and mobile commerce spaces. Both Flipkart and Amazon are major competitors to Snapdeal and all three companies are vying for a position in the $3 billion e-commerce industry in India. Recent acquisitions could embolden Snapdeal’s position in the industry, but it will have to continue engaging consumers effectively in order to hold dominance in the sector.

India continues to grow as a mobile commerce hub

India has become a very prominent mobile commerce market. The country has begun to attract many mobile-centric interests to itself due to its relatively high mobile population. Consumers are eager to participate in mobile commerce and make use of mobile platforms that allow them to shop in a more convenient fashion. In the coming years, the mobile sector is expected to play a much larger role in the country’s overall economy.

By the end of the year, the m-commerce company intends to transition its operations entirely to smartphones and tablets.

It shouldn’t come as much of a shock to many people that Flipkart has had an exclusively mobile strategy up their sleeve for some time now, but what has come as a surprise is that it looks like these intentions are already underway.

The company has started to prepare to move entirely over to the mobile commerce side, stepping off the standard web.

A new report has been making its rounds of the media and has indicated that Flipkart will be constructing an entirely mobile strategy based on a new application platform. In this way, they intend to provide consumers with a shopping experience that more closely mirrors that of the real world. What has not yet been revealed is exactly how the m-commerce company intends to actually accomplish that goal. That said, it has been shifting a considerable amount of its engineering and infrastructure resources over to the pursuit of that goal.

Their mobile strategy appears to be a novel one and is one that will turn its current app entirely on its head.

The mobile apps from Flipkart are already known for providing an extremely user and consumer friendly experience. That said, the company appears to feel that it can improve that experience even further by adding a more realistic approach to mobile commerce.

Flipkart’s chief product officer, Punit Soni, explained that the company feels that the current mcommerce apps are highly influenced by the PC environment. For that reason, in order to enhance shopping in a way that is more true to real life, the applications need to be completely overhauled. The purpose is to create an application that has been designed for mobile from the ground up, without falling back onto established concepts from the desktop ecosystem.

The new mobile strategy will also rely quite heavily on social concepts, as it will allow people to be able to browse for products and obtain recommendations from friends. In fact, it may even allow several people to shop “together” online through the upcoming m-commerce app platform.