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Wealth of Knowledge on E-Commerce with Dimers - Lets Discuss! - The Dimers Know it all Thread!!

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Deal Lieutenant
RockBottom

When I saw Yebhi’s CEO guy on CNBC, I asked myself, do I know anything less than what he does? Yebhi is targeting Rs.100 cr revenue this year and is managing 3 transactions every minute!

Dimers know it all – consumer psyche, what sells, who is the best at selling online, what did they do ‘right’ and the one’s who failed – what wrong did they do.. We know that Yebhi purchases crores worth of stock from Puma’s of the world at >70% off on MRP and sells it on different levels of discount..

What we don’t know is – websites that are not regular on DD, the biggest being Flipkart and to some extent Snapdeal (just came back) – they are getting hundreds of crores worth of investments.. Let’s share our thoughts

What we need to/can discuss:
  • Who Succeeded?
  • Who failed?
  • Who cheated, succeeded, failed but made a lot of money (ref: the ‘and you’ clan)
  • What are the best practices of the winners?
  • What else can work?
  • Some out-of-the-box thinking e-commerce websites?
  • The new boys in town – ShopClues, PepperFry etc – all setup by people in early 30’s and all

And zillion other things …

I wanted a discussion thread specially for people here to share knowledge that we have about this industry, what they feel is right, wrong, good, bad, ugly https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif And it will benefit the one’s who have ventures in mind, if not now, then definitely going forward..

We know it all – warehousing, ‘MRP game’, coupon scandals, in-house branding scams, shipping best-practices, and so on..

Lets talk!

84 Comments  |  
22 Dimers
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Deal Subedar Deal Subedar
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I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals

Deal Subedar Deal Subedar
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Selling on ebay is really a tough nut to crack..!!!
Sellers are always at risk.
Recently a buyer bought two similar products from me and after receiving payment for those two products i shipped them in one package and guess what, after delivery he posted a negative feedback on me stating that he has received only one. That was shit..!! and after that i contacted him with the other no.(bcoz he was not receiving the call from my original no. )and he said that he will not confirm the receipt bcoz he felt that he had paid more than wat the product deserved. This was really a pathetic experience of mine selling on ebay.
Ebay does not protects the sellers as the way they do for the buyers.:evil:

Deal Subedar Deal Subedar
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dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


hey bro i m a Nitian..!!!

Shopping Friend Shopping Friend
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dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


But we are not looking for those VC people really.
Its a small startup with small items for small people with small pockets. https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Shopping Friend Shopping Friend
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jaigreat wrote:

viSH wrote:

Jai bro did I abuse? https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


just joking bhai, never knew u wer so knowledgeable until reading ur last post ,this may be because u had never shown what u got or may be i was in some other place when u were displaying ur loads of talents ,anyway real great thread thanks to u and rb for sharing so much and enlighting me and others ,plz keep this on


Knowledge comes from sharing and I am learning from you guys only. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif
The more you share the more you learn.

Shopping Friend Shopping Friend
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wow seeing so much negative feedback on dd , i will really think twice before selling anything on ebay, but can any 1 plz suggest sum cheap stuff sell to sell on ebay just to get knowledge of how buyers think,courier works and so on

Shopping Friend Shopping Friend
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coolsajal4261 wrote:

dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


hey bro i m a Nitian..!!!


great to know that , can u plz tell what u sell on ebay and also is it full time or just for some pocket money or just a passion to move forward

Deal Subedar Deal Subedar
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jaigreat wrote:

coolsajal4261 wrote:

dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


hey bro i m a Nitian..!!!


great to know that , can u plz tell what u sell on ebay and also is it full time or just for some pocket money or just a passion to move forward


Just recently started selling crappy stuffs just for fun, like i sketch a lot so just thought marketing them on ebay and they got sold as well. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Shopping Friend Shopping Friend
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coolsajal4261 wrote:

jaigreat wrote:

coolsajal4261 wrote:

dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


hey bro i m a Nitian..!!!


great to know that , can u plz tell what u sell on ebay and also is it full time or just for some pocket money or just a passion to move forward


Just recently started selling crappy stuffs just for fun, like i sketch a lot so just thought marketing them on ebay and they got sold as well. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

k cool, btw wer r u frm?

Deal Cadet Deal Cadet
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dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


I have an IIT tag….. and i would like to join in too …. !

Deal Subedar Deal Subedar
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jaigreat wrote:

coolsajal4261 wrote:

jaigreat wrote:

coolsajal4261 wrote:

dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


hey bro i m a Nitian..!!!


great to know that , can u plz tell what u sell on ebay and also is it full time or just for some pocket money or just a passion to move forward


Just recently started selling crappy stuffs just for fun, like i sketch a lot so just thought marketing them on ebay and they got sold as well. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

k cool, btw wer r u frm?


Shopping Friend Shopping Friend
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theanmoljain987 wrote:

dealsnatcher wrote:

I don’t think VC’s will look at you unless u had an IIM/IIT tag, or working as an senior manager in one of existing too popular portals


I have an IIT tag….. and i would like to join in too …. !


buddy iit is not necessary rb bro started this thread to know what other dimers know nad think about e-com and also any 1 with enthusiasm can join

Deal Cadet Deal Cadet
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Well…dont you people think that dimers have got into a habit of buying at extremely low, unprofitable rates…. i mean …yebhi loses some amount of money(20 lacs approx) every year……. its still in the business just because of VC’s…. Correct me if i am wrong….but i think that the indian e-commerce market is saturated enough already !

Deal Cadet Deal Cadet
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Well, I had a friend in my animation college who works as a graphic designer for yebhi at the moment. I met him about a month back and he told me that even after selling the slippers for Re 1 , yebhi still made Rs 12 crore profit by 2011 end! He also said that yebhi used to give extra 25% discount on every product to its employes but it has stopped it now. Also, by the time he got to know about the slippers offer, it was ended by then.

so, whatever he told me about yebhi, I am sure now that whatever product any e-commerce website sells even at 90% discount or even free, it is still making some profit out of it

Deal Cadet Deal Cadet
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Also I read an article in today’s newspaper about a new e-com website www.bigbask…om (only for banglore people at this time around) that it has got a funding of $10 million ( ~ Rs 50 crore). yet another e-com website but selling all the stuff that Big Bazaar do in it’s physical stores. Here is the article

www.buzzom.com/2012/03/online-grocery-store-big…

Deal Cadet Deal Cadet
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vohrarohit wrote:

Well, I had a friend in my animation college who works as a graphic designer for yebhi at the moment. I met him about a month back and he told me that even after selling the slippers for Re 1 , yebhi still made Rs 12 crore profit by 2011 end! He also said that yebhi used to give extra 25% discount on every product to its employes but it has stopped it now. Also, by the time he got to know about the slippers offer, it was ended by then.


so, whatever he told me about yebhi, I am sure now that whatever product any e-commerce website sells even at 90% discount or even free, it is still making some profit out of it


I dunno….will have to see yebhi accounts for details…..its not earning 12 crore….thats for sure…

Deal Lieutenant Deal Lieutenant
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vohrarohit wrote:

Also I read an article in today’s newspaper about a new e-com website www.bigbask...om (only for banglore people at this time around) that it has got a funding of $10 million ( ~ Rs 50 crore). yet another e-com website but selling all the stuff that Big Bazaar do in it’s physical stores. Here is the article

www.buzzom.com/2012/03/online-grocery-store-big...


Thanks – this is interesting stuff https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Once they know how to be successful – they can ‘franchise’ out in other cities https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Deal Cadet Deal Cadet
Link Copied
@R@ck B@TT@M wrote:@

vohrarohit wrote:

Also I read an article in today’s newspaper about a new e-com website www.bigbask...om (only for banglore people at this time around) that it has got a funding of $10 million ( ~ Rs 50 crore). yet another e-com website but selling all the stuff that Big Bazaar do in it’s physical stores. Here is the article

www.buzzom.com/2012/03/online-grocery-store-big...


Thanks – this is interesting stuff https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Once they know how to be successful – they can ‘franchise’ out in other cities https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif


it’s already written in this article itself that they’ll expand to other 5 major metros before this year’s end

Deal Lieutenant Deal Lieutenant
Link Copied
vohrarohit wrote:

@R@ck B@TT@M wrote:@

vohrarohit wrote:

Also I read an article in today’s newspaper about a new e-com website www.bigbask...om (only for banglore people at this time around) that it has got a funding of $10 million ( ~ Rs 50 crore). yet another e-com website but selling all the stuff that Big Bazaar do in it’s physical stores. Here is the article

www.buzzom.com/2012/03/online-grocery-store-big...


Thanks – this is interesting stuff https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Once they know how to be successful – they can ‘franchise’ out in other cities https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif


it’s already written in this article itself that they’ll expand to other 5 major metros before this year’s end


Dude what I wanted to pint out is that they need not start own operations in other cities, they can sell franchisees who can invest in be business, learn from Bangalore operations, and pay BigBasket a monthly royalty – this way they reduce risk and expand faster https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Deal Cadet Deal Cadet
Link Copied
@R@ck B@TT@M wrote:@

vohrarohit wrote:

@R@ck B@TT@M wrote:@

vohrarohit wrote:

Also I read an article in today’s newspaper about a new e-com website www.bigbask...om (only for banglore people at this time around) that it has got a funding of $10 million ( ~ Rs 50 crore). yet another e-com website but selling all the stuff that Big Bazaar do in it’s physical stores. Here is the article

www.buzzom.com/2012/03/online-grocery-store-big...


Thanks – this is interesting stuff https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Once they know how to be successful – they can ‘franchise’ out in other cities https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif


it’s already written in this article itself that they’ll expand to other 5 major metros before this year’s end


Dude what I wanted to pint out is that they need not start own operations in other cities, they can sell franchisees who can invest in be business, learn from Bangalore operations, and pay BigBasket a monthly royalty – this way they reduce risk and expand faster https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif


Well that’s a good idea but we all here are in no position to tell them what to do https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif also the big thing is they already have got the HUGE investment https://cdn2.desidime.com/assets/textile-editor/icon_smile.gif

Deal Subedar Deal Subedar
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I think, many dimers are up for this https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif
Good Job Rock bottom and vishal bro https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Analyst Analyst
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viSH wrote:

dharmanath481 wrote:

I really don’t know if MartJack system will help succeed.

If someone wants to join ecommerce bandwagon the best one and the cheapest is already in place… ebay !!!

* No setup charge to open an online shop on ebay. [MartJack 40K per year]
* Paisapay PG at fraction of the cost ( I paid just Rs.2500 a long time back as onetime fee) [MartJack 2600 yearly]
* Ebay calls you for merchant training (not just software) and works for promoting the merchant [MartJack expect you to do it all]
* Ebay gets you visitors. At a small fee gets your merchandise listed higher in featured categories [MartJack expects you to do all that]
* People trust Ebay. [Custom site using MartJack would have “me-too” clone appeal so not easy to trust]
* Ebay takes commission on per transaction so scaleable [MartJack takes all money upfront]

Chances of some startup to make money in the ecommerce world is HIGHER in case of ebay than MartJack.

Ebay has a vested interest in growth of the merchant. So if the merchant grows they will grow.
While MartJack takes money upfront and they don’t care if you fail or succeed all they are concerned is the money.

Rather 2 years later after paying 1 Lakh to martjack the merchant will refer it as SmartA$$jackED https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


Thanks four inputs we welcome every kind of views good, bad, positive & negative.
But then those who are not matching with the views we are having can stay out of it cos we are here looking for people who can share their idea which can take one to the next level.
Now comparing ebay with any other platform is as ridiculous as Rakhi Sawant or Veena Malik. https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif
I myself being an ebay seller know very well that how it works.
And if someone said that they are the most easiest to operate then you really need to check them again.
Ebay is always been buyers heaven as all the protection and coverage are for buyers only.
Basically Sellers in ebay’s world are more like a slut. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

No setup charge to open an online “shop” on ebay. [MartJack 40K per year]
Someone really need to get his eyes checked cos ebay charges monthly subscription fees of 499 bucks for basic store, 1999 for featured store & 3999 for premium one.
https://i.imgur.com/NsoI1.jpg

Paisapay PG at fraction of the cost ( I paid just Rs.2500 a long time back as onetime fee) [MartJack 2600 yearly]
Oops that fractions really hurts until unless you are not one of the power seller.
https://i.imgur.com/LlBdE.jpg

Ebay calls you for merchant training (not just software) and works for promoting the merchant [MartJack expect you to do it all]
Mart Jacks also provides great training with all the support you ever going to need. And they promotes the Merchant in every capacity possible.
While ebay promotes those from where they get to drive huge income.

Ebay gets you visitors. At a small fee gets your merchandise listed higher in featured categories [MartJack expects you to do all that]
I think you really need to get in touch with those MartJack people cos they do everything to promote your site and they not at all except us do things on our own.

People trust Ebay. [Custom site using MartJack would have “me-too” clone appeal so not easy to trust]
No if everyone start thinking that way then I don’t think we would’ve been able to see Steve Jobs(Apple), Kunal Bahl(Snap Deal), Hitesh Dhingra(Letsbuy) & Monica Gupta(Craftsvilla) to name the few.
Ebay then also existed when this guys were learning abcd but still they had a desire to make big thats why today they are the leaders of E-commerce bandwagon.

Ebay takes commission on per transaction so scaleable [MartJack takes all money upfront]
Refer to point no. 2 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
Ok I will make it simple. Suppose you need to sell a mobile worth Rs 10000 on ebay then what ebay gonna charge you.
You will be charges listing fees, then listing upgrades if you want ranging from Rs 3 to 100. Then a final value fee on your item which is generally 1% of your listed item.(Listing fees varies from product to product for Mobiles its 1% and Mobile accessories its 5%)
And add to that their is a transaction charge too which you can see in the above image.
Oh I forgot you need to pay 10% service tax + 3% Cess (Edu: 2% + Sec & High Edu: 1%) https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Hell its not over yet you need to have a courier tie-up too or else they will not deliver your Mobile to the buyer and if they do then will quote you a price which will make you sing the song.——> Main aisa kyun hoon main waisa kyun hoon https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Last but not the least now wait for the buyer to get his item and then again wait for that moron to come and confirm the receipt of the item. (Well more than 50% buyers don’t give a damn of confirming the receipt of the item) And somehow if buyer doesn’t confirms then wait for few more days till ebay automatically treats it as “Item Received”.
Now ebay will process your money to your account. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

hahahahahaha I did not realize I wrote so much.. https://cdn0.desidime.com/attachments/photos/205873/medium/297400-lotpot.gif?1480843837
But now you guys can have a fair idea about both the aspects while Mr. Dharamnath chose to go against the Martjack I decided to stick in their favor.

On that note I will end this post and put a quote by Mr Bill Moyers

Freedom begins the moment you realize someone else has been writing your story and it’s time you took the pen from his hand and started writing it yourself .”


I was travelling so didn’t reply… Just returned back to my desk on HOLI day. Happy Holi to all you guys on DD.

Since now the discussion is moving towards VC funding. A company valuation comes from few major parameters and all know about it by now.

I would not like to quote someone but give an example.

You have a Ferrari (your ecommerce portal) with a lot of sales and hits (horsepower) but the engine in the car is rented in from someone else (MartJack) What is the value of the Ferrari without the engine? Portal codes are the heart / sole of the website.

If a seller is serious, guys at ebay help in all the tieup’s and work out discounts in commissions. I like ebay because their interest is in the merchant’s growth. Its a well oiled synergy. BTW powersellers drive 80% of their business they cannot afford to lose them.

Case 1 : A small time merchant or an individual who can source products cheap and wants to sell on Internet and make some money. Ebay is the best.

Case 2 : If someone has sold more than 10,000 items on ebay and wants to go to stage2 then MartJack might be an answer but its for the faint hearted who don’t dare to take the big leap.

Case 3 : If someone aspires to be in the top 10 list of eCommerce portals and has a strong urge to grow really large and considering VC funding to sustain growth. Custom code development with an Original idea and an original interface with an ATTITUDE will be the answer.

Shopping Friend Shopping Friend
Link Copied
dharmanath481 wrote:

viSH wrote:

dharmanath481 wrote:

I really don’t know if MartJack system will help succeed.

If someone wants to join ecommerce bandwagon the best one and the cheapest is already in place… ebay !!!

* No setup charge to open an online shop on ebay. [MartJack 40K per year]
* Paisapay PG at fraction of the cost ( I paid just Rs.2500 a long time back as onetime fee) [MartJack 2600 yearly]
* Ebay calls you for merchant training (not just software) and works for promoting the merchant [MartJack expect you to do it all]
* Ebay gets you visitors. At a small fee gets your merchandise listed higher in featured categories [MartJack expects you to do all that]
* People trust Ebay. [Custom site using MartJack would have “me-too” clone appeal so not easy to trust]
* Ebay takes commission on per transaction so scaleable [MartJack takes all money upfront]

Chances of some startup to make money in the ecommerce world is HIGHER in case of ebay than MartJack.

Ebay has a vested interest in growth of the merchant. So if the merchant grows they will grow.
While MartJack takes money upfront and they don’t care if you fail or succeed all they are concerned is the money.

Rather 2 years later after paying 1 Lakh to martjack the merchant will refer it as SmartA$$jackED https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


Thanks four inputs we welcome every kind of views good, bad, positive & negative.
But then those who are not matching with the views we are having can stay out of it cos we are here looking for people who can share their idea which can take one to the next level.
Now comparing ebay with any other platform is as ridiculous as Rakhi Sawant or Veena Malik. https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif
I myself being an ebay seller know very well that how it works.
And if someone said that they are the most easiest to operate then you really need to check them again.
Ebay is always been buyers heaven as all the protection and coverage are for buyers only.
Basically Sellers in ebay’s world are more like a slut. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

No setup charge to open an online “shop” on ebay. [MartJack 40K per year]
Someone really need to get his eyes checked cos ebay charges monthly subscription fees of 499 bucks for basic store, 1999 for featured store & 3999 for premium one.
https://i.imgur.com/NsoI1.jpg

Paisapay PG at fraction of the cost ( I paid just Rs.2500 a long time back as onetime fee) [MartJack 2600 yearly]
Oops that fractions really hurts until unless you are not one of the power seller.
https://i.imgur.com/LlBdE.jpg

Ebay calls you for merchant training (not just software) and works for promoting the merchant [MartJack expect you to do it all]
Mart Jacks also provides great training with all the support you ever going to need. And they promotes the Merchant in every capacity possible.
While ebay promotes those from where they get to drive huge income.

Ebay gets you visitors. At a small fee gets your merchandise listed higher in featured categories [MartJack expects you to do all that]
I think you really need to get in touch with those MartJack people cos they do everything to promote your site and they not at all except us do things on our own.

People trust Ebay. [Custom site using MartJack would have “me-too” clone appeal so not easy to trust]
No if everyone start thinking that way then I don’t think we would’ve been able to see Steve Jobs(Apple), Kunal Bahl(Snap Deal), Hitesh Dhingra(Letsbuy) & Monica Gupta(Craftsvilla) to name the few.
Ebay then also existed when this guys were learning abcd but still they had a desire to make big thats why today they are the leaders of E-commerce bandwagon.

Ebay takes commission on per transaction so scaleable [MartJack takes all money upfront]
Refer to point no. 2 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
Ok I will make it simple. Suppose you need to sell a mobile worth Rs 10000 on ebay then what ebay gonna charge you.
You will be charges listing fees, then listing upgrades if you want ranging from Rs 3 to 100. Then a final value fee on your item which is generally 1% of your listed item.(Listing fees varies from product to product for Mobiles its 1% and Mobile accessories its 5%)
And add to that their is a transaction charge too which you can see in the above image.
Oh I forgot you need to pay 10% service tax + 3% Cess (Edu: 2% + Sec & High Edu: 1%) https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Hell its not over yet you need to have a courier tie-up too or else they will not deliver your Mobile to the buyer and if they do then will quote you a price which will make you sing the song.——> Main aisa kyun hoon main waisa kyun hoon https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Last but not the least now wait for the buyer to get his item and then again wait for that moron to come and confirm the receipt of the item. (Well more than 50% buyers don’t give a damn of confirming the receipt of the item) And somehow if buyer doesn’t confirms then wait for few more days till ebay automatically treats it as “Item Received”.
Now ebay will process your money to your account. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

hahahahahaha I did not realize I wrote so much.. https://cdn0.desidime.com/attachments/photos/205876/medium/297442-lotpot.gif?1480843844
But now you guys can have a fair idea about both the aspects while Mr. Dharamnath chose to go against the Martjack I decided to stick in their favor.

On that note I will end this post and put a quote by Mr Bill Moyers

Freedom begins the moment you realize someone else has been writing your story and it’s time you took the pen from his hand and started writing it yourself .”


I was travelling so didn’t reply… Just returned back to my desk on HOLI day. Happy Holi to all you guys on DD.

Since now the discussion is moving towards VC funding. A company valuation comes from few major parameters and all know about it by now.

I would not like to quote someone but give an example.

You have a Ferrari (your ecommerce portal) with a lot of sales and hits (horsepower) but the engine in the car is rented in from someone else (MartJack) What is the value of the Ferrari without the engine? Portal codes are the heart / sole of the website.

If a seller is serious, guys at ebay help in all the tieup’s and work out discounts in commissions. I like ebay because their interest is in the merchant’s growth. Its a well oiled synergy. BTW powersellers drive 80% of their business they cannot afford to lose them.

Case 1 : A small time merchant or an individual who can source products cheap and wants to sell on Internet and make some money. Ebay is the best.

Case 2 : If someone has sold more than 10,000 items on ebay and wants to go to stage2 then MartJack might be an answer but its for the faint hearted who don’t dare to take the big leap.

Case 3 : If someone aspires to be in the top 10 list of eCommerce portals and has a strong urge to grow really large and considering VC funding to sustain growth. Custom code development with an Original idea and an original interface with an ATTITUDE will be the answer.


completely agree , sir if got time plz do join in chat thread ,wanted to know more frm u ,tu

Deal Lieutenant Deal Lieutenant
Link Copied
dharmanath481 wrote:

viSH wrote:

dharmanath481 wrote:

I really don’t know if MartJack system will help succeed.

If someone wants to join ecommerce bandwagon the best one and the cheapest is already in place… ebay !!!

* No setup charge to open an online shop on ebay. [MartJack 40K per year]
* Paisapay PG at fraction of the cost ( I paid just Rs.2500 a long time back as onetime fee) [MartJack 2600 yearly]
* Ebay calls you for merchant training (not just software) and works for promoting the merchant [MartJack expect you to do it all]
* Ebay gets you visitors. At a small fee gets your merchandise listed higher in featured categories [MartJack expects you to do all that]
* People trust Ebay. [Custom site using MartJack would have “me-too” clone appeal so not easy to trust]
* Ebay takes commission on per transaction so scaleable [MartJack takes all money upfront]

Chances of some startup to make money in the ecommerce world is HIGHER in case of ebay than MartJack.

Ebay has a vested interest in growth of the merchant. So if the merchant grows they will grow.
While MartJack takes money upfront and they don’t care if you fail or succeed all they are concerned is the money.

Rather 2 years later after paying 1 Lakh to martjack the merchant will refer it as SmartA$$jackED https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


Thanks four inputs we welcome every kind of views good, bad, positive & negative.
But then those who are not matching with the views we are having can stay out of it cos we are here looking for people who can share their idea which can take one to the next level.
Now comparing ebay with any other platform is as ridiculous as Rakhi Sawant or Veena Malik. https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif
I myself being an ebay seller know very well that how it works.
And if someone said that they are the most easiest to operate then you really need to check them again.
Ebay is always been buyers heaven as all the protection and coverage are for buyers only.
Basically Sellers in ebay’s world are more like a slut. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

No setup charge to open an online “shop” on ebay. [MartJack 40K per year]
Someone really need to get his eyes checked cos ebay charges monthly subscription fees of 499 bucks for basic store, 1999 for featured store & 3999 for premium one.
https://i.imgur.com/NsoI1.jpg

Paisapay PG at fraction of the cost ( I paid just Rs.2500 a long time back as onetime fee) [MartJack 2600 yearly]
Oops that fractions really hurts until unless you are not one of the power seller.
https://i.imgur.com/LlBdE.jpg

Ebay calls you for merchant training (not just software) and works for promoting the merchant [MartJack expect you to do it all]
Mart Jacks also provides great training with all the support you ever going to need. And they promotes the Merchant in every capacity possible.
While ebay promotes those from where they get to drive huge income.

Ebay gets you visitors. At a small fee gets your merchandise listed higher in featured categories [MartJack expects you to do all that]
I think you really need to get in touch with those MartJack people cos they do everything to promote your site and they not at all except us do things on our own.

People trust Ebay. [Custom site using MartJack would have “me-too” clone appeal so not easy to trust]
No if everyone start thinking that way then I don’t think we would’ve been able to see Steve Jobs(Apple), Kunal Bahl(Snap Deal), Hitesh Dhingra(Letsbuy) & Monica Gupta(Craftsvilla) to name the few.
Ebay then also existed when this guys were learning abcd but still they had a desire to make big thats why today they are the leaders of E-commerce bandwagon.

Ebay takes commission on per transaction so scaleable [MartJack takes all money upfront]
Refer to point no. 2 https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
Ok I will make it simple. Suppose you need to sell a mobile worth Rs 10000 on ebay then what ebay gonna charge you.
You will be charges listing fees, then listing upgrades if you want ranging from Rs 3 to 100. Then a final value fee on your item which is generally 1% of your listed item.(Listing fees varies from product to product for Mobiles its 1% and Mobile accessories its 5%)
And add to that their is a transaction charge too which you can see in the above image.
Oh I forgot you need to pay 10% service tax + 3% Cess (Edu: 2% + Sec & High Edu: 1%) https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Hell its not over yet you need to have a courier tie-up too or else they will not deliver your Mobile to the buyer and if they do then will quote you a price which will make you sing the song.——> Main aisa kyun hoon main waisa kyun hoon https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Last but not the least now wait for the buyer to get his item and then again wait for that moron to come and confirm the receipt of the item. (Well more than 50% buyers don’t give a damn of confirming the receipt of the item) And somehow if buyer doesn’t confirms then wait for few more days till ebay automatically treats it as “Item Received”.
Now ebay will process your money to your account. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

hahahahahaha I did not realize I wrote so much.. https://cdn0.desidime.com/attachments/photos/205878/medium/297907-lotpot.gif?1480843899
But now you guys can have a fair idea about both the aspects while Mr. Dharamnath chose to go against the Martjack I decided to stick in their favor.

On that note I will end this post and put a quote by Mr Bill Moyers

Freedom begins the moment you realize someone else has been writing your story and it’s time you took the pen from his hand and started writing it yourself .”


I was travelling so didn’t reply… Just returned back to my desk on HOLI day. Happy Holi to all you guys on DD.

Since now the discussion is moving towards VC funding. A company valuation comes from few major parameters and all know about it by now.

I would not like to quote someone but give an example.

You have a Ferrari (your ecommerce portal) with a lot of sales and hits (horsepower) but the engine in the car is rented in from someone else (MartJack) What is the value of the Ferrari without the engine? Portal codes are the heart / sole of the website.

If a seller is serious, guys at ebay help in all the tieup’s and work out discounts in commissions. I like ebay because their interest is in the merchant’s growth. Its a well oiled synergy. BTW powersellers drive 80% of their business they cannot afford to lose them.

Case 1 : A small time merchant or an individual who can source products cheap and wants to sell on Internet and make some money. Ebay is the best.

Case 2 : If someone has sold more than 10,000 items on ebay and wants to go to stage2 then MartJack might be an answer but its for the faint hearted who don’t dare to take the big leap.

Case 3 : If someone aspires to be in the top 10 list of eCommerce portals and has a strong urge to grow really large and considering VC funding to sustain growth. Custom code development with an Original idea and an original interface with an ATTITUDE will be the answer.


Dude the portal of Next (electronics stores) is powered by MartJack.. Basically you’re comparing SAAS (software as a service) with customer software development.. So if u an use an off the shelf SAAS, then why go for custom software?
MartJack is just a SAAS provider with no stake whatsoever in the business venture

I’ll take an automotive example too (beig an Auto Sdcotr Nalust by profession) – Maruti’s diesel engine technology is actually Fiat’s, I’m sure 99% of Maruti owners don’t even know this.. They took SAAS in automotive rather than doin R&D themselves .. They sell the car and fiat is paid whatever was decided..

So if you build a website using an available platform or your own, it doesn’t define success or failure.. What the ‘engine’ really is is the value proposition and he way you convey it to your buyers.. MartJack has no stake.. Once you reach a level where you can inves on ur own, just take the plunge, invest in IT and say goodbye to Mr MartJack

Hope I’ve made myself clear

Would love to know your thoughts

Shopping Friend Shopping Friend
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RB bro completely agree to your point.
You know I seriously don’t understand this whole logic behind anti-Martjacking.
There are hell lot of e-commerce site who is using Mart Jack.
And what is this stupid talk of VC funding going on here?
Why anyone needs VC funding?
First of all someone really needs to know something that without VC fundings only all this e-coms started their life.
Heck why even talk about this whole VC thing?

Here we are trying to make a beginners guide on how to start something from scratch and someone here taking about Ferrari and Mercedes!!
Newegg.com was profitable for full 2 years without any VC funding.
VC funding comes only in picture when you have gathered some experience about the market.
For startups only personal funding is required and good contacts thats it.

Analyst Analyst
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Maruti diesel engine is of Fiat but you own the engine when you buy the car !

SaaS never have a clause that if the company is shutting down or its 4 years using the software the codes can be transfered to the lease holder.

I am in web hosting business and I got 1 server which has over 1500 corporate email accounts. My server admin gets cold feet when he has to reboot that MS Exchange server after a major security update. Every 3 months he has to make calls to atleast 7 people before emergency reboots in my presence. While on other regular servers he has no such issues.

Reason for this example is when the ecommerce portal actually grow it builds its personality. The portal owner just cannot take that risk of moving to another platform even though its his own at that stage sine the stakes are too high.

I remember a joke from school days "when all prisons assemble in courtyard some one yelled 52 everyone laughed, someone yelled 14 everyone laughed… A new prison thinks its a nice thing to mingle and yells a number but no one laughts…

Well all the jokes grew so common that just the number was enough to tell it was which one…"

Mistake of the new prisoner was in the style he called the number https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

So the problem on this thread is not MartJack. I read about it in some news paper paid inserts. I really have nothing against those guys… Rather wish them good luck.

BUT the way it was yelled at on the thread I went against it … So Cheers due

Deal Lieutenant Deal Lieutenant
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dharmanath481 wrote:

Maruti diesel engine is of Fiat but you own the engine when you buy the car !

SaaS never have a clause that if the company is shutting down or its 4 years using the software the codes can be transfered to the lease holder.

I am in web hosting business and I got 1 server which has over 1500 corporate email accounts. My server admin gets cold feet when he has to reboot that MS Exchange server after a major security update. Every 3 months he has to make calls to atleast 7 people before emergency reboots in my presence. While on other regular servers he has no such issues.

Reason for this example is when the ecommerce portal actually grow it builds its personality. The portal owner just cannot take that risk of moving to another platform even though its his own at that stage sine the stakes are too high.

I remember a joke from school days "when all prisons assemble in courtyard some one yelled 52 everyone laughed, someone yelled 14 everyone laughed… A new prison thinks its a nice thing to mingle and yells a number but no one laughts…

Well all the jokes grew so common that just the number was enough to tell it was which one…"

Mistake of the new prisoner was in the style he called the number https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

So the problem on this thread is not MartJack. I read about it in some news paper paid inserts. I really have nothing against those guys… Rather wish them good luck.

BUT the way it was yelled at on the thread I went against it … So Cheers due


Dude just to be on the same page – you are saying that MartJack in some way ‘owns’ my website ?

That’s not true as I’m building my portal using MartJack’s platform, I own every bit of it.. Secondly,it’s not just software platform, a lot of other factors can lead to temporary shutdown.. Such as shifting warehouses for example.. I am not a technical guy, but I’m sure if I build a website sumultaneosly on a new platform with all my product, use MartJack till D-Day and after all testing I switch, it will be a cakewalk! They are just offerin me a cheap way to start off, if I succeed, I might go on my own.. They can’t stop me.. Also, I got a domain, homepage designing, product uploads, payment gateway etc all for 20k!!

We aren’t selling the platform here, just sayig that it is logical and practical vis-a-vis going on your own.. It’s just a bundled offerin dude, you are the Maruti and you own the portal at the end of the day!!

Let’s talk about how to make it big! My website goes online by end of March, so I’m researching that aspect as of now! https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Deal Newbie Deal Newbie
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I can be your SPOC for T.N & Bangalore if you need anything like product sourcing, customer connect etc……

Shopping Friend Shopping Friend
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R@ck B@TT@M wrote:
Dude just to be on the same page – you are saying that MartJack in some way ‘owns’ my website ?

That’s not true as I’m building my portal using MartJack’s platform, I own every bit of it.. Secondly,it’s not just software platform, a lot of other factors can lead to temporary shutdown.. Such as shifting warehouses for example.. I am not a technical guy, but I’m sure if I build a website sumultaneosly on a new platform with all my product, use MartJack till D-Day and after all testing I switch, it will be a cakewalk! They are just offerin me a cheap way to start off, if I succeed, I might go on my own.. They can’t stop me.. Also, I got a domain, homepage designing, product uploads, payment gateway etc all for 20k!!

We aren’t selling the platform here, just sayig that it is logical and practical vis-a-vis going on your own.. It’s just a bundled offerin dude, you are the Maruti and you own the portal at the end of the day!!

Let’s talk about how to make it big! My website goes online by end of March, so I’m researching that aspect as of now! https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

Congrats… So what your online store gonna deal with?
Lemme know if you looking for a partner I am open for that infact lot of others too.

@Other

Stick to the topic and provide the information on what to do next rather than pulling each other down by showing superiority and know it all attitude cos that sucks!

Deal Lieutenant Deal Lieutenant
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rajbabuhyd wrote:

I can be your SPOC for T.N & Bangalore if you need anything like product sourcing, customer connect etc……


Thanks .. Will keep you posted

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