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According to a 2015 report by Goldman Sachs, 30% of an Indian e-commerce company’s expenses are towards discounts.
Here are 5 most common pitfalls that you, as an e-commerce seller, should look out for.
The story of how the two men started with just two laptops and grew to its current size is inspirational. At the time of raising $1-billion last year, the Bansals’ combined stake of around 15 per cent in Flipkart was valued at Rs 6,000 crore (Rs 60 billion).
The ongoing e-commerce war spilled over to Twitter on Friday, when Sachin Bansal, co-founder of India's largest online retailer Flipkart, made a direct jibe at competitors - Snapdeal and Paytm.