333
Fashion Jobs
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · YUEN LONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Festival Walk
Permanent · KOWLOON TONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · KWUN TONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
FRESH
Senior/Retail & Education Executive, tr Apac
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Repair Operations Specialist
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Specialist - Client Development
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Senior Specialist - Client Development
Permanent · HONG KONG
BENEFIT COSMETICS
Retail & Operations Manager
Permanent · HONG KONG
CHRISTIAN DIOR COUTURE
Logistics Officer - Sales Administration
Permanent · CAUSEWAY BAY
LORO PIANA
Client Development Manager
Permanent · HONG KONG
BOBBI BROWN COSMETICS
Senior Education Manager, Bobbi Brown, Apac
Permanent · HONG KONG
L'OREAL GROUP
Supply Chain Planner
Permanent · HONG KONG
ADIDAS
Director, Sustainable Sourcing - Chemical, Water & Waste Management
Permanent · HONG KONG
HYPEBEAST
Account Manager
Permanent · HONG KONG
HYPEBEAST
Brand Partnership Manager
Permanent · HONG KONG
HYPEBEAST
Accounting Officer
Permanent · HONG KONG
By
Reuters
Published
May 21, 2015
Reading time
2 minutes
Download
Download the article
Print
Text size

Copying Alibaba, India e-tailers woo small sellers for growth

By
Reuters
Published
May 21, 2015

Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers.

India's biggest e-tailers such as Flipkart, Snapdeal and the local arm of Amazon.com Inc are online marketplaces, with commission from sellers accounting for the bulk of their revenue.

This makes tapping the small and medium enterprises vital to India's economic growth key, as these firms account for about 45 percent of the country's total industrial output, business lobby SME Chamber of India says, and have a strong following in the towns and rural areas where hundreds of millions of Indians are rapidly coming online thanks to cheap smartphones.

"Alibaba is our big inspiration. We are following their model because they have created something impactful," Snapdeal Chief Executive Kunal Bahl told reporters on Thursday.

Alibaba, the world's biggest e-commerce firm by transaction value, supports small businesses on its platforms.

Bahl was speaking after Snapdeal followed Amazon.com in launching a partnership with the country's largest lender, the State Bank of India, to help provide funding to small retailers that sell on their websites.

These sellers are often unable to get bank loans easily, which stymies their growth, Bahl added. "They can buy and sell more. Their margins improve and they reinvest. It's a win-win for us," he said.

Garnering scale is important for companies seeking growth in India's rapidly expanding online retail sector, which attracted $5 billion in foreign funds in 2014 alone, according to Morgan Stanley. The sector is expected to grow to $102 billion by 2020, the investment bank predicts.

"In order to grow, every e-commerce player has to work towards creating a better ecosystem to enable more and more sellers," said Ankit Nagori, who heads Flipkart's marketplace unit.

Some of the small sellers who jumped on the online bandwagon several years ago are already reaping its benefits.

Sachin Gupta, who runs handicrafts company Stonkraft in Agra, said putting his goods on Flipkart, then Snapdeal and Amazon has given him a customer base spanning the whole country.

"Helping my business grow helps them too," he added.

© Thomson Reuters 2024 All rights reserved.