Monday, September 9, 2013

Comparison of Courier Companies in India

As a company with an ecommerce front end, we work with various partners and one important partner is the courier company. We have worked with various courier companies and just wanted to share some findings. Obviously, which courier company is the best is a subject of debate and may vary based on location, price flexibility, quality of service requirements and so on.

A quick snapshot based on our experience :


We send a lot of things to remote parts of the country and India Post has by far the best reach. The price is also reasonable. However, unlike other courier companies, they dont really do doorstep delivery - this may be because Postmen in India have cycles and the traditional idea was probably to delivery letters not packages. Whatever be the reason, this is kind of non-negotiable in Ecommerce. You cannot expect customers to come to the Post office to collect their packages, unless they are in really far flung areas.

We have had a good relationship with First Flight. They are extremely competitive in two areas - Accessible and ready to get your business. Every Ecommerce business is a customer who will give them consistent revenue - They seem to understand that. The price is pretty good too. However, the deliveries are not as consistent as we expected them to be- Even 5% non-deliveries or late deliveries can kill your ecommerce business and this is one area that needs to be improved.

Bluedart in our experience has been extremely consistent-yes, consistent is the word. When you do a ecommerce business, it is important for you to guarantee delivery at a particular date - it may be 3 days it may 7 days, but you should be able to set expectations to the customer and Blue dart is fairly consistent. If it has to go to location x, it will take Y days and most of the time, it works like that. Price is slightly on the higher side but then sometimes you are ready to pay a premium for a service well done.

We also worked a bit with Fedex. Though service quality is excellent, they still have a lot of differential pricing which is difficult to understand - Too much variable pricing or location based variables results it practical difficulties for ecommerce companies. You want to predict with good accuracy your logistics cost - it should not be a surprise.

Conclusion : Regardless of the type of business, I guess it makes sense to choose more than one and negotiate for price and flexibility over a period of time. Also, it will be great if the courier companies start thinking of Ecommerce companies as customers :) - Its a great revenue stream and we are ready to give consistent revenue to the ones who give us good value for our money. Help us when we are small and we will be loyal as we grow bigger, I guess. Afterall, Courier companies will probably be the biggest winners in Ecommerce

Friday, September 6, 2013

Packaging of Lamps

Packaging is an important part of our job.
Anjan, our Packaging expert is among other things, 25 years old, father of three, has the toothiest smile in the world, a painter, collects water hyacinth leaves during the weekend, lives by the highway, chews betel nut all the time and has been integral to the KraftInn journey


Saturday, August 31, 2013

Places to buy great lamps and handicrafts in Bangalore

We are an online brand but have a keen eye on exquisite stuff that is available across various retail stores. 

Here are a few in Bangalore that are very interesting :

1) The Purple Turtles
    This is located in Domlur second stage and has some really high end stuff with exquisite colours.

2) The Ant Store
    This is a crafts store showcasing North Eastern Handicraft. It also has a cafe on top. Located in Indiranagar, it is sometimes difficult to find it but once you are there, you dont want to leave.

3) IndyaKaleidoscope
    This place in Koramangala has great things from all over India, like pottery from Manipur and exquisite art work from Rajasthan

Wednesday, August 14, 2013

KraftInn Showcase at NEDFI Guwahati

We recently attended the NEDFI exhibiition in Guwahati and showcased some of our products. Here are some pictures :




Fig 1: Contemporary Floor Lamp (Large) : http://www.kraftinn.com/contemporary-floor-lamp



Fig 2: Hofura Yellow Lamp : http://www.kraftinn.com/lamps/table-lamps/hofura-yellow-table-lamp


Fig 3: Zeng Lamp : http://www.kraftinn.com/lamps/table-lamps/zeng-lamp

Monday, August 12, 2013

Top Ecommerce Websites in India

A quick reckoner for top Ecommerce Websites in India (not in any particular order)

General

Flipkart.com
Yebhi.com
Myntra.com
Jabong.com
HomeShop18.com
Indiatimes.com
Rediff.com
FutureBazaar.com
FashionAndYou.com
Fetise.com

MarketPlaces

Ebay.in
Snapdeal.com
Amazon.in
ShopClues.com
CraftsVilla.com

Aggregators

Naaptol.com
Junglee.com

Apparel/Fashion

Zovi.com
Freecultr.com
DonebyNone.com
Yepme.com
Zivame.com
Cilory.com
BagsKart.com
StiffCollar.com
BasicsLife.in
Bewakoof.com
Bluegape.com

Jewellery

juvalia.in
Caratlane.com
Bluestone.com
JewelsKart.com

Accessories

Lenskart.com
WatchKart.com

Health

HealthKart.com
Goodlife.com
NaturalMantra.com

Grocery

Bigbasket.com
Zopnow.com

Sports Goods

Playgroundonline.com
Sports365.in


HomeDecor

Zansaar.com
Fabfurnish.com
Urbanladder.com
KraftInn.com
HeavenandHome.com
BedBathandMore.com

Niche

Engrave.in

Baby Products

FirstCry.com
Babyone.com
Hushbabies.com

Ecommerce/Payments

Zepo.in
Martjack.com
Ebs.in
CCAvenue.com
BuildaBazaar.com
PayU.in

Thursday, August 1, 2013


Facebook Marketing : Creating a Good Facebook Post

As a small ecommerce based business, one of our key marketing tools is Facebook. I am not privy to the spend of others or the reach, but based on the Facebook insights, there are a few things we have learnt.

Take a look at our last 5 posts in our Facebook page  (from Facebook Insights view. We have 12k odd fans). The * indicates the posts that are much more engaging than other posts
 
Post # 5 - A long image with lot of text with funny anecdotes and a link to our website. No of likes -7, No of shares - 1

Post #4 - Image of one of our Products and link to product. No of likes -30,No of shares-2

Post #3 - A wonderful image of many of our products arranged with a link to our website. No of likes -76, No of Shares -2

Post #2 - A funny timely image with a reference to a recent political event. No of likes -13, No of Shares-1

Post #1  - A simple image with one our products, an engaging quote and a link. No of likes - 25 likes, No of Shares  - 1 (this is only 2 hours old as of now)



In Summary Post #3 and Post #1 seem to work very well.

I also looked at older Text only Posts, Video Posts and so on.
Here are my top (although fairly generic findings)

1) Images are the most engaging of all posts. They are the quick wins

2) Text messages seem to reach to a large audience very fast but engagement is usually poor.

3) Videos especially ones that are about your brand dont seem to do well. Maybe Youtube is still the right place to go when it comes to Video. Its too much hardwork and low ROI at facebook. Though a good viral video may do wonders, creating such a video requires lot of hardwork, luck, skill etc

4) People like simple images. A great image needs to be focused. Too much text or highly intellectual content finds limited takers. Funny is good, clever is good as long as it is easy to get.

5) Users tend to share images where the brand message is not the main focus. An excellent brand focused message that is clever, interesting or funny gets a lot of likes but not necessarily a lot of shares.

6) Too much text does not work too well unless it is like a short story

7) Specific Links for Specific Images : If the image of a product that has a low chance of getting shared as it is something specific to your offering, it is better to provide a specific link than the generic website link.

8) Website Link for Generic Images - In case of a generic image(example funny image) that will probably get shared, it may help to put the generic website link that you want to promote as it will probably reach a complete new audience who will click on the link for curiosity

We have just about 12k fans and these are just generic observations that may be helpful. Hence sharing. Do let us know what works for you.


Friday, July 19, 2013

Payment Gateways in India

One of the key parts of an Ecommerce store is a Payment Gateway. In the west, payment solutions have made it very simple for vendors to integrate a gateway to their stores - for e.g integrating with a paypal is a breeze. However, it is extremely painful to onboard a payment gateway especially if you are a small player. This is primarily because of two reasons :

1) Paperwork - For enabling payments, each bank has its own set of procedures and it takes upwards of two months to get your netbanking, debit and credit card payments approved by the leading banks. The usual reason is regulation and RBI guidelines but the moot point is it all takes quite a bit of time.

2) Charges based on size - Typically Indian payment gateways charge an initial fee and annual maintenance fee. If you pay a higher amount, you get a lower commission charge and so on - typically if you a very small vendor, the charges are very high - mostly 5% and annual AMC separately. The question is why cant they take a one time charge for the paperwork and have a 2% commission for all transactions ?

We have had a good experience with our payment gateways so far but the charges are still extremely high. Flipkart has recently started its own service called Payzippy and they seem to have gotten rid of all the strange charges and made it more democratic - Hopefully this will shake the market a bit and things will become a bit more reasonable. Fingers crossed.