Cheap Online Shopping Sites in India
There are plenty of online shopping sites in India. Most of the online shopping sites have invested lot of money of building the entire end to end supply chain, backward integration in term of keeping inventory, providing white labeled products to increase their margins . As you know, most of these companies are non-profitable and pressure started building from VCs who has invested ample amount of money and would seek returns.
Other Problem: many of these sites are competing in same segment, so these online shopping companies are competing on price point only. End result is consumer is winning at this point in time. Many brick and mortar stores also started to have presence in this space.
2014-17 is going to be good for many online shopping companies as FDI norm in Ecommerce landscape may ease out and we can see Amazon in the world will come and get some stake in our existing Top Tier online shopping companies such as Mytra, Flipkart , Snapdeal etc.