Tag: jabong

  • Top 5 Successful Facebook Marketing Case Studies

    Social media marketing has become a necessity for the survival of every business. Without marketing a company can never take off its business and now in the age of social media, connecting with the customers and potential customers online have become the prime factor.

    Facebook has always been about connecting people from all around the world with each other. Now the biggest social media platform is not only used for connecting with people but it is also used by some biggest brands to market their products as well.

    Ad campaigns are used for acquiring new customers, aware them of new products, and basically the entire existence of the brands. Facebook is said to be one of the best social media for marketing your business, with over 2.91 billion monthly users, it is far from a wrong statement.

    To be specific if you are willing to advertise, Facebook can lead your business to a greater market. If arranged and executed properly Facebook ad campaigns are definitely worth it. This article will talk about the best Facebook ad campaigns that have become examples of successful campaigns for other businesses. So, let’s get started.

    “Nobody reads ads. People read what interests them, and sometimes it’s an ad.”

    -Howard Luck Gossage

    Jabong Be You Ad Campaign
    Vodafone 4G SuperNet Campaign
    Raymond 72 Hrs. Express Tailoring Campaign
    Tata Housing Goa Campaign
    Domino’s Pizza Think Oven Campaign
    L’Oréal Paris
    FAQ

    Jabong Be You Campaign

    At one point, Jabong.com was an Indian e-commerce platform that dealt with fashion and lifestyle. Although in 2020, Jabong was shut down after Flipkart acquired Myntra. Even after this, the business is remembered for its popular and successful Facebook ad campaign that generated huge online traffic to its website and app.

    Jabong with this brilliant campaign decided to target its audience by launching a month-long campaign in 2017. Whatever product was showcased on Facebook, the same thing was shown on the website as well thus, providing them with a personalized experience and increasing their customer involvement in the website.

    Vodafone 4G SuperNet Campaign

    One of the most popular telecommunication service providers in India, Vodafone and is the third-largest one in India. Vodafone’s style of marketing has always been interesting and unique and its advertisements were able to capture the attention of consumers.

    In 2016, when Vodafone launched 4G SuperNet, they ran an ad campaign and had a collaboration with Facebook. Here, they used the lookalike audience feature of the social media to find a new audience, who are interested in your products and are quite similar to the existing consumers of the product. This ad campaign consists of a pug, the Vodafone mascot, and a little Indian boy in some different short videos.


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    Raymond 72 Hrs. Express Tailoring Campaign

    Raymond Express Tailoring Campaign
    Raymond Express Tailoring Campaign

    Raymond, the Indian-based fashion brand is famous for dealing with tailoring suits. Raymond’s Facebook ad campaign is stated as one of the most popular and successful ones. Such is the effect of that campaign that it boosts up the sales of four outlets of Raymond. It was a three-week Facebook ad campaign in 2016, where Raymond uses Facebook to target customers who can increase the sale of specific selected stores.

    Through Facebook, Raymond targeted men who got married, engaged, or just got a new job and pursue them to invest in tailoring suits by stating in the ad that they are launching 72 hrs. express tailoring service, the ad was a call to action statement. Those who showed interest they had to register to book their appointment and get the service.

    Tata Housing Goa Campaign

    Tata Housing Goa Campaign
    Tata Housing Goa Campaign

    Tata Housing is a subsidiary of the Tata group that deals with housing development. It is famous for building houses that have top-class designs and finishing. Tata housing was the first property developer that used Facebook for selling houses. It sold houses with the help of social media without using any other media.

    Some short videos were created and were used as ads on Facebook and life in Goa was shown. This online house buying campaign was started on Facebook by Tata housing and thus was a huge success. Those videos guided viewers to property pages to get more details about it. Almost 250 houses were sold because of that campaign.

    Domino’s Pizza Think Oven Campaign

    Dominos Think Oven campaign
    Dominos Think Oven Campaign

    There would be very few people who don’t like Pizza, and Domino’s pizza is the hot favorite amongst people. The ‘Think Oven’ campaign was a very successful campaign of Domino’s Pizza.

    Here, the campaign was set in such a way that they are able to interact with customers very well and customers were able to give out their suggestions as well to Domino’s ongoing projects and also submit some new ideas. The new ideas include new items in the menu and all. This resulted in a good interaction of the company with its customers and somehow increased their website traffic.


    Top 5 Creative Campaigns of Cadbury that will leave you amazed
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    L’Oréal Paris

    It is one of the most popular Makeups, Hair, and skincare products brand and its advertisements have always been striking. The beauty brands try their level best to introduce new types of campaigns to catch the attention of people to build their brands.

    L’Oréal Paris used Facebook for its ad campaign to create a sensation amongst the users. It launched a #lorealparislive in 2014, in here they asked beauty experts and models to create some great red carpet level looks and use them as gifs on Facebook to give tips to users get the same looks for themselves.

    Conclusion

    In a world where digital marketing is an inevitable technique for the survival of the business, marketing with the help of Facebook is probably one of the best methods for making people aware of your brand.

    Although, the ads have to be striking enough, to touch the audience’s heart and for that proper planning is needed, these above campaigns are some of the best ones and have become an example in the business world for others to follow.

    FAQ

    Which Facebook Ads are most Effective?

    The carousel ad is the most effective ad format in Facebook.

    Are Facebook Ads worth it in 2021?

    Facebook ads are still worth it in 2021, in fact, they have become one of a most used methods for digital marketing.

    Which campaign objective is best for Facebook ads?

    Conversions is one of the most effective Facebook objective as it is optimized to deliver you new leads or purchases.

  • Myntra: Subsidiaries And Acquisitions

    Myntra is India’s favorite shopping platform for customers who believe in quality over perfection. When we talk about fashion and online shopping, the first thing that comes to our mind is Myntra. Myntra in its initial days started selling personalized gift products to the largest fashion site in India. Along the journey Myntra acquired a lot of subsidiaries that helped in growing its business.

    Myntra – An Overview
    Myntra – Business Plan
    Myntra – Facts & Figures
    Myntra – Subsidiaries and Acquisitions
    Myntra – Other Acquisitions
    Myntra – Major Investors
    Conclusions
    FAQs


    Myntra – Bringing top-notch fashion with every click
    Myntra today is the most popular online shopping portals in India. Read about Myntra’s founders, funding and business model.


    Myntra – An Overview

    • Myntra, an Indian e-commerce fashion company is located in Bengaluru, India. The company was launched in 2007 to sell personalized gift items.
    • Founded by Mukesh Bansal along with co-founders Vineet Saxena, and Ashutosh Lawania. In its initial days, Myntra sold on-demand personalized gift items.
    • From 2007 and 2010, it mainly operated on the business-to-business model.
    • Myntra began selling fashion and lifestyle products and moved away from personalization in the year 2011.
    • By the year 2012, Myntra started offering products from 350 Indian and International brands that are more in demand in the clothing market.

    Myntra – Bringing top-notch fashion with every click
    Today, we can sit in one space and browse through the top and internationalbrands and also get it delivered right to our doorstep. Thanks to onlineshopping. One of the most prominent names in this industry, as we all know isMyntra. Myntra was established by Mukesh Bansal, Ashutosh Lawania and Vin…

    Myntra – Business Plan

    Myntra earns by following an aggregator model. The main business plan of Myntra is to buy the latest merchandise and selling it to the customers. Buying current season merchandise from several popular and quality brands, and making the product/item available on its website. The main earning of Myntra comes from the commission. Myntra follows the B2C (Business to customer) revenue model to generate revenue and increase its sales.

    Before discussing its subsidiaries and acquisitions, let us understand what is meant by Subsidiary.

    What is a Subsidiary?

    A subsidiary, subsidiary company, or daughter company is a company that is owned or controlled by another company, which is called the Parent company, Parent, or Holding company.

    The subsidiary can be a company, corporation, or limited liability company.

    When company A owns/acquires more than 50% of the voting stock of another company B, then in such circumstances company B becomes the subsidiary of Company A and obtaining control of its operations.


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    Myntra – Facts & Figures

    The Co-Founder of Myntra- Mukesh Bansal
    • Flipkart acquired Myntra in 2014 for a record-breaking deal valued at ₹2,000 Cr ($280 million).
    • At the time of acquisition by Flipkart, Myntra had a total of 1,50,000 products of over 1000 brands, catering to over more than 9000 pin codes in India.
    • Ananth Narayanan became the Chief Executive Officer (CEO) of Myntra replacing co-founder Mukesh Bansal in 2015.
    • On 10th May 2015, Myntra announced to shut down its website to solely focus on serving its customers through mobile applications starting from 15th May 2015. This decision resulted in failure.
    • Acknowledging the failure of the application-only model, Myntra announced to revive its website in Feb 2016.
    • Myntra functions and operates independently after the acquisition by Flipkart. Myntra still continues to operate as a standalone brand under Flipkart by solely focusing on fashion-conscious customers.
    Flipkart acquired Myntra in 2014

    Myntra – Subsidiaries and Acquisitions

    Below are the details of the acquisition and deal dates when the deal got finalized.

    Company Name Deal Date
    Online Services Pvt. Ltd. August 01, 2018
    Withdraw April 16, 2018
    20Dresses November 29, 2017
    InLogg April 19, 2017
    Jabong July 26, 2016
    HRX July 20, 2016
    Cubeit July 12, 2016
    Fitiquette April 04, 2013
    Exclusively November 09, 2012

    Myntra Acquisitions

    The Important and Deal breaking Acquisition under Myntra are:

    • HRX
    • Jabong
    • Fitiquette
    • Roadster

    Here, we’ve tried to mention some of the companies acquired by Myntra, their functioning, and operation under Myntra.

    Fitiquette

    The company is located in Sans Francisco. Fitiquette is the world’s first virtual dressing room platform that enables online shoppers to virtually try before they buy option. It provides an online shopping experience that is very similar to the offline model like buying from the stores.

    The technology used in Fitiquette shows virtual mannequins based on the body types of the users. This can further adjust the specific measurements of the users based on their body until it closely mirrors their own. The unique thing about this technology is that the clothing chosen is represented as the best fit based on a series of measurements. (Example. S, M, L, XL).

    Thus, the technology uses machine intelligence enabling it to offer a true-to-size, visual fitting experience. Fitiquette uses a patented technology that gives users a 360-degree view of the fit and drape of a garment based on their own customized selected merchandise.

    Roadster

    Myntra owns the fashion brand Roadster, Myntra’s outdoor lifestyle brand which was launched in December 2012. It generates close to 7% of the total sales.

    Myntra’s lead designer for the Roadster brand is the famous Vanni Lenci. Roadster has launched an all-new licensed Roadster MotoGP collection. It is the first Indian brand to enter into an exclusive collaboration with the world’s premier motorcycling championship, MotoGP on Aug 18, 2016.

    It is quite surprising that, despite having Deepika Padukone’s “All About you” and Hrithik Roshan’s “HRX” brands in its pocket, Roadster is the biggest moneymaker for Myntra.

    Pretr Online Services Pvt. Ltd.

    Pretr Online Services Pvt. Ltd. is India’s first-ever end-to-end omnichannel platform for retail. Pretr (prettier) was launched in 2016 by two technology executives Bhavik Jhaveri and Ankur Joshi. Pretr is currently operating from Mumbai, India.

    Pretr is a marketplace that provides a seamless shopping experience to customers. It is an efficient selling platform to Fashion & Lifestyle Retailers which include Esprit and Mango. Myntra’s own private labels such as HRX and Moda Rapido uses Pretr’s technology platform. This technology platform helps retailers with a bunch of services, including order management and store analytics.

    Jabong

    Myntra Subsidiaries Jabong
    Myntra Subsidiaries Jabong

    Xerion Retail Private Limited, also popularly known as Jabong, was a private company that was located in Gurgaon, Haryana. It was launched on 23 September 2011. It was classified as a private limited company. Jabong operated only on online fashion and lifestyle stores. It sold numerous products ranging from clothing, bags, shoes, sunglasses, jewellery, watches, and many more.


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    Jabong was acquired by Flipkart in July 2016 through its eCommerce unit Myntra for $70 million. Flipkart formally shut down Jabong in February 2020 to shift focus completely on its premium clothing platform Myntra.

    Myntra’s Parent company Flipkart Acquires Jabong

    Witworks Consumer Technologies Pvt. Ltd.

    Witworks Consumer Technologies Pvt. Ltd. is a consumer technology company operating and serving customers across India. Witworks is a maker of wearable devices to strengthen its technology team. The company manufactures wearable products like connected smartwatches, smart shoes, and intelligent clothing with biosensors.

    Myntra has kept its image in providing quality products and merchandise. Myntra has always focused on quality with perfection and has kept a steady customer service. Its business is well-maintained which has to lead to the first click to an online fashion destination. Myntra bought Bengaluru-based startup Witworks in April 2018.

    HRX

    Myntra Subsidiaries HRX
    Myntra Subsidiaries HRX

    HRX is a 5-year-old brand and platform based on a life philosophy to keep pushing. HRX is India’s first celebrity brand that was founded by Hrithik Roshan who is also the brand ambassador for HRX. It is also India’s first homegrown brand that solely focuses on the sports and active lifestyle space. The brand was founded by Hrithik Roshan and co-founders Afsar Zaidi, Kamal Punwani, and Sid Shah. HRX was acquired by Myntra, the online fashion store owned by Flipkart on Jul 20, 2016. It acquired a 51% stake in HRX.

    The company was formed by taking inspiration from Hrithik Roshan’s life. No matter how big adversity, it can be overcome with perseverance. It was created to inspire and guide billions of people. HRX main aim is to help people achieve their fitness goals. HRX is a mission that helps us enable and support people to be the fittest, happiest, and most confident version of themselves.


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    Myntra – Other Acquisitions

    • Myntra acquired Mobile app development company Native5 in April 2015 in order to strengthen and expand Myntra’s mobile technology team.
    • Acquired mobile-based content aggregation platform Cubeit, for strengthening its technology team in July 2016.
    • Myntra partnered with the Ministry of Textiles to promote the handloom industry in October 2017.
    • Acquisition of InLogg, a city-based technology platform that provides end-to-end logistics solutions for the e-commerce sector in October 2017.

    Myntra – Major Investors

    Some of the Major investors and Venture capital firms investing in Myntra are:

    • Accel Partners
    • New Enterprise Associates
    • Tiger Global Management
    • Sofina
    • Kalaari Capital
    • IDG Ventures India
    • PremjiInvest

    Conclusions

    Myntra is India’s favorite shopping destination where quality meets perfection. If you are the one who wants to explore more before buying, want quality products over price, and looking for well-designed products, then Myntra is the best option for you. Myntra has a huge variety of brands. You don’t need to worry about the quality of the products. As Myntra only focuses on quality and authentic products. The products go through a quality check where the products are thoroughly checked. Myntra’s revenue model is B2C (Business to customer). All the products are only available on Myntra’s platform. The products are genuine and are directly collected from the merchandise stores. Enjoy shopping from Myntra.

    FAQs

    Myntra is owned by which company?

    Myntra is owned by Flipkart. Flipkart is Myntra’s Parent Company.

    Does Myntra sell fake products?

    No, Myntra does not sell counterfeit products at all. Myntra is an aggregator and seller of products. If someone gets a bit downgraded product from any of the leading brands, consider it as the brand’s product only.

    Is Myntra good for clothes?

    If you are the one who wants to explore more before buying then Myntra is the best option for you. Myntra has a huge variety of brands.

    Why Myntra is expensive?

    The one things great about Myntra is – the variety and size availability. They are also the market leaders and that’s perhaps the only reason for the pricing. People do buy at Myntra without even looking at other Portals.

    Is Myntra profitable?

    Myntra Designs revenue up 58% to Rs 1,719 crore, losses increase by 38% Walmart-owned online fashion retailer Myntra Designs Private Limited reported its revenues for the financial year 2019-20 as Rs 1,719 crore, a 58% jump since the last financial year.

  • Amazing Fashion E-Commerce Startups To Build Your Wardrobe

    Fashion has been an inbuilt statement in our lives, fashion eCommerce startups are making a good mark as they are gathering a lot of varieties of products.

    Clothes, jewellery, and other accessories are taking away a major part of our lifestyle and shopping is one of the most tiring tasks, to click for a good product involves lot of time, confusion and trials.

    Top 5 Fashion E-commerce Startups to Build Your Wardrobe.

    Myntra
    Jabong
    Voonik
    Limeroad
    Kraftly

    Myntra

    Startup Name Myntra
    Headquarter Bengaluru
    Founders Ashutosh Lawania, Mukesh Bansal and Vineet Saxena
    Launch 2007

    Myntra is one of the successful fashion Indian e-commerce companies, with their headquarters in Bengaluru, Karnataka. It was founded in 2007 by Ashutosh Lawania, Mukesh Bansal and Vineet Saxena. Initially, the company used to sell personalised gift items such as T Shirts, mugs, mouse pads and others.

    Fashion eCommerce Startups
    Myntra

    In 2011, Myntra began selling fashion and lifestyle products and stopped it’s personalized  product service. Myntra was acquired by Flipkart in 2014 and then, it has grown many folds, it is working independently as well as a part of Flipkart. It offers more than 350 Indian and international brands, it also has a 30 day return policy which makes customers comfortable.

    Myntra – Bringing top-notch fashion with every click
    Today, we can sit in one space and browse through the top and internationalbrands and also get it delivered right to our doorstep. Thanks to onlineshopping. One of the most prominent names in this industry, as we all know isMyntra. Myntra was established by Mukesh Bansal, Ashutosh Lawania and Vin…

    Jabong

    Startup Name Jabong
    Headquarter Gurugram
    Founders Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Jain
    Launch 2012

    It was founded in 2012 by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Jain, the company has its headquarters in Gurugram, India. Jabong sells shoes, apparel, accessories, home decor and furniture.

    Fashion eCommerce Startups
    Jabong

    The e – store carries over 1000 brands and over 90000 products. Jabong is one of the largest e commerce business in India. It is keeping pace with new trends and fashionable products, that is why, it has scored well in selling goods to customers.

    Voonik

    Startup Name Voonik
    Headquarter Bengaluru
    Founders Sujayath Ali, Navaneeth Krishnan
    Launch 2013

    Voonik has got some unique features, it provides suitable products according to your style and personality, this is why it stands different from other fashion startups. It was founded in 2013, by Sujayath Ali, Navaneeth Krishnan. Voonik was launched as a personal mobile application, before being introduced as a web platform.

    Fashion eCommerce Startups
    Voonik

    It has become user friendly platform, by asking customers questions about their choice and personality. The application fetches answers and provides outfits according to the individual information, it made various developments and improvisations for a customer better experience.

    Voonik – Founders | Funding | Business Model | Competitors
    There was a time when girls used to take their friends to go shopping just tohave a little help in the selection process. Roundabout the same time, peoplewere paying huge amounts to the stylists and designers to get a personalizedstyle statement. To shift this paradigm online and optimize the who…

    Limeroad

    Startup Name Limeroad
    Headquarter Bengaluru
    Founders Suchi Mukherjee
    Launch 2012

    Limeroad was founded by Suchi Mukherjee in 2012. Limeroad has its own speciality waving in a new path, it allows you to create your own look-on a virtual scrapbook- using products from thousands of vendors on it’s site, and can share it with others. If you are not the creative type, you want to buy a look created by someone else.

    Fashion eCommerce Startups
    Limeroad

    You can also find styles by subscribing to limeroad feed or follow people whose fashion you like. The creator of the look gets reward points and buyers get full fashion package at one place, limeroad is one of the best destinations to find beautiful products for women.

    Kraftly

    Startup Name Kraftly
    Headquarter New Delhi
    Founders Saahil Goel
    Launch 2015

    Kraftly was founded in 2015 by Saahil Goel, and has its headquarters in New Delhi. The company started as C2C. Mobile flea Market platform and focused on selling handcrafted products, and now it has a great collection of women’s clothes, jewellery and accessories, footwear, toys, and more. Kraftly bridges gap between sellers and buyers, where people can sell their artefacts apparels, home decor items.

    Fashion eCommerce Startups
    Kraftly

    Here, sellers have an advantage of chatting with the buyers which enables direct contact between the two, helping them understand their needs properly. Sellers can upload pictures of their products into the kraftly app and sell. It’s a great platform for people who want to earn money by their art and craft, therefore unique products come up in this way, where customers have access to a variety of products and not the routine ones all the time.

    FableStreet Success story – Fablestreet Founder,Revenue.Funding,Business Model
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    And these fashion eCommerce startups are going around different brands, making customers comfortable having all at one place, keeping track with styles and latest trends, fashion startups are running out well, they have developed their technology and providing a variety of options and trials.

    So, that was all about Top 5 fashion eCommerce startups of India.