Indian retail market is virtually hijacked!
Indian retail market is virtually hijacked!
And great Flip kart web crash may not change the predestined disaster in waiting.
It is really the demand in physical retail market which crashed.
The great deals and discounts that e-commerce majors such as Flip kart, Snap deal, Amazon and others are announcing in full-page advertisements every day this festive season may not all be for real.
Palash Biswas
Indian retail market is virtually hijacked and great Flip kart web crash may not change the predestined disaster in waiting.
It is war time.
For rest of the world, India, the nation is reduced to emerging market only.
All sorts of bilateral relations are limited in trade bargaining and opening up of the consumer market.
E tailing is already captured by Flip kart, Snap deal, Amazon and others. Chinese dragons, Japanese robots are waiting in the wings and the Americans may not afford to lose any opportunity whatsoever.
My friend Col.Barves called me last day and informed that he would spend some time with us today. Sabita sent me to the market which was virtually on fire. It is not the plastic money in fish market or veg market as yet but the cash inflow seems to be amazing. No one seems to be in bargaining mode.
Anything is bought with haste without any question about the price and the quality. It is just picking up and throwing money.
The market dominating cash empowered communities have made India such a hell losing for rest of the deprived depressed suffering humanity for which no economist cares much. The rest of the humanity has no survival kit. No escape route from this madding consumer crowd which is to grow day by day as the country goes digital and biometric.
The resultant disaster is horrible as it is focused by a mainstream Indian Daily.
Here you are!
Indian Express plays a screaming headline to highlight the reality and it is as follows: Big Billion Day sale: Flip kart faces social media backlash over ‘crashes’, ‘misleading’ pricing - See more at: http://indianexpress.com/article/business/business-others/big-billion-day-sale-flipkart-faces-social-media-backlash-over-crashes-misleading-pricing/#sthash.f90ODWdr.dpuf


