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SNAPPED DEAL! Snapdeal all set to enter 65 untapped markets in Indian heartland

  • Dailybhaskar.com
  • Nov 17, 2014, 12:10 PM IST
SNAPPED DEAL! Snapdeal all set to enter 65 untapped markets in Indian heartland
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Snapdeal, the online retailer is ready to barge into the rural Indian and expand its network like never before. The company after raising $627 million in fundingfrom Softbank this October is readying a plan to open kiosks in 65 cities and enter 70,000 rural areas.
 
According to a news report in the Economic Times, Snapdeal is planning to tap 50 lakh low-income households in slums and villages across the country. The list of places to which Snapdeal now wants to expand includes Dharavi, Govindpuri, villages in Gujarat, Haryana and Rajasthan.
 
The company is looking at opening 5,000 e-commerce kiosks across 65 cities and 70,000 rural areas by the end of next year, the news report says. That’s not all the online retailer also is looking for employment generation as it plans to “village-level entrepreneurs” to run these kiosks at the local level. These kiosks will be equipped with facilities for collection of package and delivery points of packages for those who do not have a permanent address.
 
If you think Snapdeal is the only one reaching out to tap the potential in the market which are not-touched-before and making it easy with physical stores you are wrong?
 
In the next 3 pages check which other companies are heading the same path
 
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    SNAPPED DEAL! Snapdeal all set to enter 65 untapped markets in Indian heartland
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    SNAPPED DEAL! Snapdeal all set to enter 65 untapped markets in Indian heartland
Amazon too is planning to open its first physical retail store. According to a report in The Wall Street Journal in October this year, the set of a physical retail store will be a part of company’s attempt to connect with customers in the physical world.

This company is also planning to implement drones for package deliveries very soon. It could launch the service in India according to a report from August this year the service could begin in Mumbai and Bangalore. According to a news report in Fox6now, this month it started looking for engineers to help test and develop its drone-delivery system in the US.

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