Comments on: Storrz… online shopping with the social hook http://www.webyantra.net/2008/08/20/storrz-online-shopping-with-the-social-hook/ Ground Zero for Indian Web 2.0 Tue, 16 Mar 2010 10:55:42 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Chandan http://www.webyantra.net/2008/08/20/storrz-online-shopping-with-the-social-hook/comment-page-1/#comment-196268 Chandan Thu, 28 Aug 2008 08:39:40 +0000 http://www.webyantra.net/?p=761#comment-196268 Ravitej, Thank you for the complements. At Storrz Merchants Setup their own Stores and reach consumers through our store management platform. The store itself is free but Storrz takes a commission on every sale, which happens to be the revenue model. Targeted ads could be another model but we will lauch it at an appropriate time. Ravitej,
Thank you for the complements.

At Storrz Merchants Setup their own Stores and reach consumers through our store management platform. The store itself is free but Storrz takes a commission on every sale, which happens to be the revenue model. Targeted ads could be another model but we will lauch it at an appropriate time.

]]> By: Ravitej http://www.webyantra.net/2008/08/20/storrz-online-shopping-with-the-social-hook/comment-page-1/#comment-196255 Ravitej Thu, 28 Aug 2008 08:12:30 +0000 http://www.webyantra.net/?p=761#comment-196255 Chandan, First of all I'd like to congratulate you for having the courage to venture into the e-commerce retail market in India, that too with a new and untested idea; great job so far, and all the best for the future. I was wondering, though, since Indian merchants (eg Cookie Man) do not have affiliate programs for their online stores - how do you make your money? I mean, do you agree on a commission-per-sale basis with the merchants (like an affiliate program), or do you monetize solely through ad revnue? Regards, Ravitej Chandan,
First of all I’d like to congratulate you for having the courage to venture into the e-commerce retail market in India, that too with a new and untested idea; great job so far, and all the best for the future.
I was wondering, though, since Indian merchants (eg Cookie Man) do not have affiliate programs for their online stores - how do you make your money? I mean, do you agree on a commission-per-sale basis with the merchants (like an affiliate program), or do you monetize solely through ad revnue?

Regards,
Ravitej

]]> By: Chandan http://www.webyantra.net/2008/08/20/storrz-online-shopping-with-the-social-hook/comment-page-1/#comment-195574 Chandan Wed, 27 Aug 2008 13:09:20 +0000 http://www.webyantra.net/?p=761#comment-195574 Gautam, Thank you for your complements. The Indian consumer who started shopping online with IRCTC and then ETicketing is now ready to shop online for other things he needs. India is set to become among the 3 largest internet economies with growing penetration of broadband and a large young population. This should be a good market to target . Parallely storrz will offer the services to other mature markets Gautam,
Thank you for your complements. The Indian consumer who started shopping online with IRCTC and then ETicketing is now ready to shop online for other things he needs. India is set to become among the 3 largest internet economies with growing penetration of broadband and a large young population. This should be a good market to target . Parallely storrz will offer the services to other mature markets

]]> By: Gautam Kshatriya http://www.webyantra.net/2008/08/20/storrz-online-shopping-with-the-social-hook/comment-page-1/#comment-194684 Gautam Kshatriya Tue, 26 Aug 2008 10:31:53 +0000 http://www.webyantra.net/?p=761#comment-194684 @Chandan - I'd like to commend you on an absolutely beautifully executed product. I'm also completely sold on the concept - I just wonder, whether the online shopping market in India is mature enough for product such as this? Are enough people shopping online (this is not a challenge, just an innocent question :-) ) Gautam Kshatriya gautam.kshatriya@moneyvidya.com http://www.moneyvidya.com @Chandan - I’d like to commend you on an absolutely beautifully executed product. I’m also completely sold on the concept - I just wonder, whether the online shopping market in India is mature enough for product such as this? Are enough people shopping online (this is not a challenge, just an innocent question :-) )

Gautam Kshatriya
gautam.kshatriya@moneyvidya.com
http://www.moneyvidya.com

]]> By: Chandan http://www.webyantra.net/2008/08/20/storrz-online-shopping-with-the-social-hook/comment-page-1/#comment-192207 Chandan Fri, 22 Aug 2008 12:22:40 +0000 http://www.webyantra.net/?p=761#comment-192207 Amit, As you rightly mentioned not all purchases are solcially motivated. Yet basic knowledge for some can be very valueable for others and the internet has the ability to capture, store and share this information. Social interactions are more pronounced in areas like Fashion, apparels and accessories as the needs off approval from peers is easily addressed. Yet there are other categories like art , home accessories etc where we are yet to see social shopping make a difference. We are only seeing the tip of the iceberg in adoption of social shopping. Amit,
As you rightly mentioned not all purchases are solcially motivated. Yet basic knowledge for some can be very valueable for others and the internet has the ability to capture, store and share this information. Social interactions are more pronounced in areas like Fashion, apparels and accessories as the needs off approval from peers is easily addressed. Yet there are other categories like art , home accessories etc where we are yet to see social shopping make a difference. We are only seeing the tip of the iceberg in adoption of social shopping.

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