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Flipkart set to launch first umbrella private label The push towards private labels from Flipkart comes at a time when Amazon India entered this segment with t... BENGALURU: Online marketplace Flipkart is set to launch its first umbrella private label 'Flipkart Smartbuy' which will retail electronic accessories and home plastic products. This is the first among several private labels the ecommerce platform is set to launch in the next six months. The Flipkart Smartbuy brand will also have personal care electronic items such as trimmers, hair dryers and hair straighteners. The marketplace also plans to launch a second brand by March which will retail furniture, small appliances, home decor and furnishings. "We have identified gaps in demand and want to position our private labels as brands which have great functionality and are affordable. No one offers this quality at the price points and we are offering a two-year warranty on our cables and chargers. We are considering some projects for offline though it is all at a concept stage," said Adarsh Menon, head of Flipkart's private label.
The push towards private labels from Flipkart comes at a time when Amazon India entered this segment with three launches - Symbol and Myx for men's wear and women's ethnic clothing and Solimo in the small appliances and kitchenware category. Flipkart-owned fashion and lifestyle platform Myntra has been aggressive on launching private labels and gets close to 25% of its business from these labels. The private label brands on Flipkart will be sourced globally and are targeted at clear downstream benefits for the marketplace. "The products will be sourced globally from the best sourcing partners in China, India or Malaysia. Launching private label brands has its associated benefits. It will reduce returns as we offer good quality products; there will be a repeat value for consumers and it will also benefit sellers on the platform. Global companies like Walmart are also doing this as you can give the consumer a better quality product for a price point," said Menon. Apart from the margins, marketplaces create private labels for multiple reasons, says Harminder Sahni, founder at consulting firm Wazir Advisors.
"The large opportunity in brands and an under-served niche of products are a great opportunity for marketplaces to come up with private labels. These labels also differentiate the marketplace as buyers know that these brands are available on this platform," says Sahni. Stay updated on the go with Times of India News App. Click here to download it for your device.Metal chairs provide exclusivity to your dining room. They visually enhance the look of your home without having to invest much. These chairs are perfect for families who are looking to improvise their home decor on a minimum budget. Browse through our large selection of wood and plastic chairs, wooden chairs, Rocking Chairs, Folding Chairs, Dining Chairs, Desk, Computer Chair, Recliners and Ergonomic chairs online. offers an extensive collection of metal and living room chairs. They are available in an array of colors and beautiful designs. Your living room is the first place that visitors view and depending on the interiors they make their initial impression about the whole house.
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E-commerce major Flipkart on Monday, August 31, 2015 launched its instant refund mechanism facility, a move that will help its customers get refunds as early as within 24 hours of returning the product. Previously, the refund process used to take three to five business days. "Continuing the innovation journey by announcing this newly launched payment mechanism, Flipkart aims to ensure that refunds for Cash on Deliver (CoD) orders are credited back to customers instantly, as soon as the product reaches the Flipkart hub," Flipkart said in a statement.wooden rocking chair sears The instant refund will be completed using Immediate Payments System (IMPS) transfers, it said adding that the CoD IMPS return facility is currently active for banks having IMPS transaction capability.pride lift chair coupons Entitled customers will be regularly notified about the status of their refund via SMS and emails, it said.eames office chair height adjustment
"Our return procedure is already one of the fastest in the country. In the last two months, we have extended this further by piloting the IMPS refunds programme, which has seen positive adoption and traction from our end users," Flipkart Chief Product Officer Punit Soni said. An instant, hassle-free refund experience, combined with consistent and accurate communication to the customer is definitely going to be a breakthrough, and a way forward for all future payment innovations, he added. "We strongly feel that enabling our fast-growing product IMPS with Flipkart's quicker refund strategy will create a benchmark experience to customers," National Payments Corporation of India (NPCI) COO Dilip Asbe said. Transactions on IMPS can be accessed and initiated across different channels like mobile phones, PCs, NUUP, ATM and at bank branches. More than 12 million successful transactions are been processed every month, Asbe said. I don’t know about replacement but getting a refund for a prepaid order is an easy process but the money is not going to reach you soon.
Go to your order and click on return the package. It will show a list of reasons. You can select one or you can write your own and as soon as it is processed a flipkart agent will come to your address to collect the package. Return the package (Make sure the package retains all the products that came in and the bill too). He’ll ask for your signature and on doing it your returning of package is done. The process of getting a refund starts after this. Usually this takes 7 to 15 days to get the money in your account. More delay can also be caused by your bank. If it is a cash on delivery product, i think your money is stored in flipkart account for you to buy something else. You can get it back by providing your Bank account number. Unless and until your product falls under replacement category you can always get the same replaced as the policy. There are many clause which you need to justify before the return is processed, and ideally the technical team will contact you to understand the level of damage.