List goes on!! quite a few have entered the market and a furious competition is expected from global or local players in the near future. But the one who will make the first mark in new cities will be the one who will shine brighter. For instance a friend of mine wanted to gift from one of these e-commerce business to one of his friend in Indore but couldn't find the city enlisted.
India is a deals savvy market. Though metropolitan people have the luxury to spend and overlook the price still most of the shopping is done during season off(when heavy discounts are offered). We go for shopping at Shopper Stop, Pantaloon or Mark & Spenser's but we carry their loyalty cards to get the extra 10% discount on card holders or special days.
Catch here is that Metropolitan comprises not even 10 percent of the population. The rest who don't have the luxury to spend but the wish to buy luxury items at affordable price don't have the option. A whole such segment remains untapped and is waiting for such thing to happen. Once somebody enters it will be the talk of the town, avoiding the marketing cost for their customers and vendors.
Times of India has a huge network & resource in India, wonder what Timesdeal is waiting for.
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