Showing posts with label Major. Show all posts
Showing posts with label Major. Show all posts

Friday, 25 November 2011

India Shopping Online ShalinIndia Signs Up With All Major Marketplaces to Access International Customers

New Delhi, Delhi (PRWEB) September 14, 2011

India online shopping store ShalinIndia is trying to do things differently. Instead of targeting the domestic market, it has looked outward towards global customers. In order to acquire international customers, ShalinIndia has actively embraced popular online marketplaces like Amazon, Ebay, Etsy and Bonanza.


We had to make a choice between selling to domestic market and selling to international market. We settled for international market simply because the addressable market was much larger and customers had less inhibition while buying on the net, said Shalini Verma, founder of ShalinIndia. Besides, it is mostly males who shop in the Indian market and they typically buy electronic items like laptops, mobiles, and camera on discount deals. ShalinIndias customers, on the other hand, are mostly women whose shopping list consists of fashion items like Indian clothing, India jewelry, India gifts and home decor, added Shalini Verma.


For a company located in India, e-selling to international customers has never been easy. Sales were inhibited by the lingering doubts and questions in the minds of international customers when buying online from distant vendors. Can the vendor be trusted with credit card details? Will the items be shipped at all? Will custom charges be payable on the items imported? How can rejected items be returned? Will refunds be hassle free?


ShalinIndia decided to address the legitimate concerns of its international customers and accordingly made significant changes in its business model. ShalinInda joined the most trusted marketplace platforms in each country. We signed up with Amazon in the US, UK, France, Germany and Japan; Ebay in US, and UK, and with Bonanza, Etsy, Atomic Mall and Webstore in the US. The strategy paid off. Today we sell far more on these marketplace platforms than on our own website as customers trust product and service guarantees from these local marketplace players and tend to buy without inhibitions. explained Shalini Verma.


ShalinIndia is an India online shopping store selling mainly cultural products of India to global customers. The company has partnered with Amazon to store its inventory in five countries : US, UK, France, Germany, and Japan. Amazon picks, packs and ships orders in these five countries. Orders from other countries are shipped directly from India. Every order is delivered within three to five days.


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OnGreen Secures Major Government Partner for China Capital Roadshow

Los Angeles, CA (PRWEB) June 14, 2011

OnGreen announced today that the company has sourced cleantech companies to participate in the China Capital Roadshow, an investor match-making event with active and influential Chinese cleantech investors in the Jiangsu province. Approximately twenty public and private investors from Jiangsu, such as the S.O.E. Suzhou Chuangyuan Investment & Development (Group) and Hengtong Group., will meet August 10th through August 13th with a range of cleantech companies seeking investment capital or project financing.


The province of Jiangsu, home to powerhouse cities such as Nanjing and Suzhou, has been a hot spot for international economic development and has the second highest GDP in China. In 2010, the outward investment from Jiangsu surpassed $ 1.2 billion and the province is expected to invest in emerging industries, namely renewable sources of energy, new energy equipment, environmental protection and smart power grid.


"The Jiangsu Department of Commerce is pleased to be hosting the OnGreen cleantech delegation from the U.S. as we pursue our joint interest in a greener future," said Jiangsu Department of Commerce Director Lou. "OnGreen has been an ideal platform to source and accelerate cleantech investment opportunities for the Jiangsu cleantech investment community."


The companies that will be included in the investor and entrepreneur match-making are early stage cleantech companies delivering innovative new solutions in renewable energy, energy efficiency, transportation, waste water treatment, advanced materials and other cleantech oriented industries. Kinectic Traction Systems (KTSi), a company which provides next generation energy storage and delivery solutions for electric rail systems sees the value in participating in the roadshow. Chandler Williamson of KTSi comments, With over 5,000 miles of high-speed rail installed, China leads the world in electric rail systems and represents an ideal market for us to seek investment and business partners.


The event in Jiangsu comes after the Hong Kong Trade Development Council (HKTDC) investment mission to Los Angeles in May, which used OnGreen to source cleantech companies. In addition to partnering with the Jiangsu Department of Commerce, OnGreen has developed strong ties with the Joint U.S.-China Collaboration on Clean Energy (JUCCCE) and the University of Michigan to research investment opportunities in University R&D and patents in exchange for joint rights to the associated intellectual property. OnGreen has also opened a Shanghai office in an effort to expand globally.


A global perspective is required to link innovation from one area of the world with investment and market demand in another, said Nikhil R. Jain, CEO and founder of OnGreen, Inc. These specialized international events will help propel cleantech investment to the next level and provide the capital these early stage companies need to grow their businesses, create jobs and deliver the latest solutions.


About Jiangsu Province Department of Commerce (DOC)


The Jiangsu DOC is responsible for formulating and implementing policies and reform plans for foreign trade, economic cooperation and foreign investment and is responsible for coordination between laws, regulations, policies, international treaties and agreements of foreign economy and trade. For more information please visit http://www.jiangsudoc.gov.cn


About OnGreen


OnGreen is the worlds largest cleantech social marketplace. Members from across the globe work together, connecting the best ideas in cleantech to funding and expertise, translating IP into ROI. With thousands of entrepreneurs, investors, and business and technology experts spanning 35 countries, its never been easier to connect with the people and resources needed to turn todays energy and environmental challenges into business opportunities. OnGreen is headquartered in Los Angeles. Connect with the world's leading cleantech investors at http://www.ongreen.com.


Contacts:

Chathri Munasinghe

chathri(at)ongreen(dot)com

(800) 297-0445 x 207

Twitter: @OnGreenInc

Facebook: OnGreen.Inc


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