SNAPPED DEAL! Snapdeal all set to enter 65 untapped markets in Indian heartland
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- 2 of 4Amazon 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.
- 3 of 4Flipkart too is planning to expand further and is looking for another round of fund-raising (which could begin in January 2015) to widen its reach. This store could soon begin selling furniture and packaged food according to a news report in the Economic Times last week. Though it is not yet confirmed if Flipkart will soon expand to rural areas as well, the report mentions that it is “intending to expand its reach to even small towns.”In the next page read what figures say.
- 4 of 4According to a report on Accenture titled ‘Masters of Rural Markets: Profitably Selling to India’s Rural Consumers’ rural markets account for more than 20 percent of the total revenues for more than 65 percent of the companies included in the survey. The report also finds that between 2009 and 2012, rural consumption per person grew at 19 percent per annum, two percentage points higher than its urban counterpart.
Image: A screen grab of the front page of the Accenture report
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