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<div type="image" title="Indians are getting fancy, and they don&amp;#39;t mind paying a little extra if it means quality and luxury. Most consumer brands are witnessing an uptick in their premium product segment" msid="115018213" hostid="261" caption="&amp;lt;p&amp;gt;Indians are getting fancy, and they don&amp;#39;t mind paying a little extra if it means quality and luxury. Most consumer brands are witnessing an uptick in their premium product segment&amp;lt;/p&amp;gt;"></div> It's time to move over from plain, vanilla budget basics! Indians are no longer looking for “best purchases and value buys under Rs 1,000”—at least not as much as before. <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword>'s getting fancy, and how! From gold-flaked chocolates to swanky SUVs that look like they’re wheeled straight out of a Bollywood blockbuster, Indian companies are rapidly jazzing up their product lines, even faster than you can say the word "premiumization." But what does this mean for Indian companies and consumers? What is this jazz about premiumization all about? Is it just urban India that’s riding this wave, or has rural India also joined the bandwagon? We decode for you. <h2>What's premium, really?</h2>Imagine you’re eating Pav Bhaji at a roadside thela. Later during the day, you decide to dine out at a fancy, upmarket cafe, only to find Pav Bhaji Fondue on the menu. Same same, but much more expensive—often 5 to 10 times higher—for a little more hygiene and some better ambience! Think of premium products as this fondue. They are a notch up your regular, daily-use products soaps or shampoos, and even cars, all packaged luxuriously, offering just about the right touch of quality. The main differentiator, though, would be the price range. <h2>Driving home premium wellness</h2>A recent report by Nielsen suggests that over 70% of urban Indians are okay with paying a premium for their products. And companies are cashing in on this sentiment like never before. This explains why 58% of new products launched so far this year have been in the premium+ segment, as opposed to just 38% of new launches in regular, traditional trade. Take cars, for instance. Indians are no longer vying for a good old <keyword id="19950117" type="General" weightage="20" keywordseo="maruti" source="keywords">Maruti</keyword> 800 or <keyword id="20400567" type="General" weightage="20" keywordseo="alto" source="keywords">Alto</keyword>, traditionally known for their healthy mileage, but are rather happy investing in more swanky features that come along with high-end cars. In October 2024, India’s largest car manufacturer, <keyword id="19909974" type="General" weightage="20" keywordseo="maruti-suzuki" source="keywords">Maruti Suzuki</keyword>, sold 65,948 units of its compact cars like Swift, WagonR, Dzire, and more. Compared to the year-ago period, which saw sales of 80,662 units, this was an 18% dip. But take a look at their SUV (sport utility vehicle) sales for the same period. Cars like Brezza, Ertiga, and Grand Vitara sold about 70,644 units, a 19% uptick from the sales made in October 2023, i.e. 59,147 units. Simply put, when it comes to cars, Indians are saying the bigger, the better! The same is true for India's second biggest automobile manufacturer, Hyundai. Its SUV lineup made up a staggering 68.2% of the firm's total sales made for October 2024. What's more, SUV demand remained largely consistent across urban and rural markets. <h2>Consumers are inching up</h2>FMCG (fast-moving consumer goods) are also riding the premiumization wave, with Indians prioritizing their health and wellness and not bothered about dishing out a few extra bucks for the same! You’ll find no dearth of words like organic, vegan, gluten-free, and sugar-free, peppered generously over every product you’ll see today, be it soaps, juices, or more. No wonder then, sales from premium segments in 2024 make up around 27% of all FMCG sales and even contribute a massive 42% to the sector’s value growth in India. Nielsen report further adds that luxury brands that position themselves at twice the price of their category’s average are even witnessing stellar growth. In fact, for most FMCG brands like Tata Consumer Products, <keyword id="20002610" type="General" weightage="20" keywordseo="hindustan-unilever" source="keywords">Hindustan Unilever</keyword> (HUL), Dabur, and Nestle, it is this premium segment that is growing much faster than their regular ones. And it's not just about daily-use products; Indians are also taking their celebrations a step over. Spirits manufacturer <keyword id="20125704" type="General" weightage="20" keywordseo="radico-khaitan" source="keywords">Radico Khaitan</keyword> highlighted that for the first half of 2024, their prestige &amp; above segment made for 88.4% of its net sales value. In the same period, the regular popular segment accounted for just 9.1% of their net sales. From Hindustan Unilever, which saw its premium products grow 30% over the last quarter, to <keyword id="20521971" type="General" weightage="20" keywordseo="kingfisher" source="keywords">Kingfisher</keyword> beer's parent company, <keyword id="20124009" type="General" weightage="20" keywordseo="united-breweries" source="keywords">United Breweries</keyword>, whose premium product sales volume jumped by 27% during the quarter as opposed to just a 5% rise in overall volumes, everyone is seemingly taking their lifestyle a notch above. Per the Nielsen report, in 2024, a typical global consumer spends about $13.7k per year. This is set to grow by around 2.4% to $14k as early as next year. Even a report by Goldman Sachs also highlighted a similar trend, noting that India’s affluent class, or those earning over $10,000 (Rs 8,42,694.97), is set to reach 100 million in the next 3 years. And where will this consumer spend? On premium products! <h2>Online shopping shifts from mass to class</h2>Amazon’s Great Indian Shopping Festival, which was live between September 27 and October 29 this year, saw 140 crore customers, more than 85% of whom came from non-metro Indian cities. On the site, there was a 400% spike in sales in premium sales across categories like watches, fragrances, handbags, jewelry, and more. Rival <keyword id="19896939" type="General" weightage="20" keywordseo="flipkart" source="keywords">Flipkart</keyword> noted a similar trend, recording 1.8x growth in premium beauty and personal care products during the first half of this year. <h2>Dialing in premiumness</h2>The Indian smartphone ecosystem has always been dominated by basic phones, or those entry- and mid-range phones that are priced between Rs 10,000 and Rs 6,000. But that has changed in recent times, with premium smartphones (i.e., those priced over Rs 60,000) registering 20%+ growth in 2024. During the first quarter of this year, sales of mass phones (priced between Rs 10,000 and 20,000) reached 44%, compared to 51% in the year-ago period. But it's all sunny and shiny in the mid-premium (priced between Rs 40,000 and Rs 60,000) and super-premium segments (priced above Rs 60,000). Sales growth has burgeoned by as much as 27% and 86% in these categories, respectively. As India continues its march toward becoming the world's third-largest economy by 2027, the premium party is just getting started. Industry experts predict that premium segments will grow faster than you can say "sustainable organic handcrafted artisanal batch of coffee." So the next time you see someone dropping serious rupees on a fancy bottle of black water that also somehow plays music and tracks their hydration (yes, that's a thing), remember: This is just the trailer. Picture abhi baaki hai, mere dost! Do you have a topic in mind you'd want a simpler explanation for, or insights or experiences to share on personal finance and more? Contact us at businessinsider@timesinternet.in.

Simply Put: From Dal to Dolce—India is loving its luxury life

<ul><li><cmsannotation type="cmsannotation" annotationid="Second biggest players in the BNPL market" comment="subhead" text="Second biggest players in the BNPL market"></cmsannotation><keyword id="6354742" type="General" weightage="20" keywordseo="flipkart" source="Orion">Flipkart</keyword> Pay Laters provides credit up to ₹1 lakh to its customers depending on their credit profile.</li><li>The <keyword id="6592393" type="General" weightage="20" keywordseo="flipkart-pay-later" source="Orion">Flipkart Pay Later</keyword> feature is currently only available on Flipkart and Myntra, but it will be expanded to other platforms.</li><li>The company is now looking to go public in 2023 at a valuation of $60-70 billion.</li></ul>Walmart-owned ecommerce giant Flipkart on Thursday announced that it has doubled the user base of its ‘Buy Now, Pay Later’ (<keyword id="9522245" type="General" weightage="20" keywordseo="bnpl" source="Orion">BNPL</keyword>) business. The Flipkart Pay Later now has over six million users within seven months. Flipkart Pay Laters provides credit up to ₹1 lakh to its customers depending on their credit profile. The fintech venture allows customers to shop any number of times throughout the month and pay the total bill amount in part within 30 days or through EMI. The feature is currently only available on Flipkart and Myntra, but it intends to expand it further. After that, they could face competition from players like Simpl, LazyPay, Mobikwik, <keyword id="5988397" type="General" weightage="20" keywordseo="paytm-postpaid" source="Orion">Paytm Postpaid</keyword> and <keyword id="18635" type="General" weightage="20" keywordseo="amazon" source="Orion">Amazon</keyword> Pay Later. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Companies </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Customers </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Simpl </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Flipkart Pay Later </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">6 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">LazyPay </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3.5 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Paytm Postpaid </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mobikwik </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2.8 million </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Amazon Pay Later </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2 million+ </td></tr></tbody></table>Source: Company announcements <cmsannotation type="cmsannotation" annotationid="Second biggest players in the BNPL market" comment="subhead" text="Second biggest players in the BNPL market">Second biggest players in the BNPL market</cmsannotation> With 6 million users, Flipkart Pay Later is the second biggest ‘<keyword id="4585897" type="General" weightage="20" keywordseo="buy-now-pay-later" source="Orion">Buy Now Pay Later</keyword>’ player after Simpl. The feature can be used to purchase items across categories like groceries, lifestyle, general merchandise and home. It also offers longer-tenured EMI options to buy mobiles, consumer electronics and large appliances. Flipkart Pay Later currently processes 3 million long tenured EMI transactions on a monthly basis, and 90% of these transactions come from repeat customers. The company claims to offer a frictionless checkout experience as the platform does not require any paperwork or down payment before offering the credit line. “As per research, the Buy Now Pay Later (BNPL) market will grow 10x over the next five years, surpassing $40 billion by 2026. Interestingly, 45% of customers prefer to make purchases with BNPL options even if they have a credit card owing to the convenience that BNPL provides,” Dheeraj Aneja, senior vice president and head of fintech and payments group at Flipkart, said. Flipkart is currently pulling all strings for a successful public debut by 2023. The company raised <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-raises-3-6-billion-at-a-valuation-of-over-37-billion/articleshow/84338594.cms">$3.6 billion in July 2021 </a>in a run-up to this ambition, and is currently valued at $37 billion. It initially planned an initial public offering (IPO) in the USA by November 2022, seeking a valuation of $50 billion, but the plan was delayed due to market volatility. The company is now looking to go public in 2023 at a<a href="https://www.businessinsider.in/business/corporates/news/flipkart-ipo-may-happen-in-2023-at-a-valuation-of-70-billion/articleshow/90703817.cms"> valuation of $60-70 billion</a>. To make this into a reality, Flipkart is looking to boost its online healthcare services and travel booking heavily, as per media reports. SEE ALSO <a href="https://www.businessinsider.in/tech/news/the-state-of-uttar-pradesh-and-how-its-been-feeding-facebook-ad-revenues/articleshow/91660700.cms" data-type="tilCustomLink" style="">The state of Uttar Pradesh and how it’s been feeding Facebook ad revenues</a> <a href="https://www.businessinsider.in/business/news/heatwave-has-turned-acs-from-a-luxury-to-a-necessity-but-margins-remain-muted-for-the-players/articleshow/91655568.cms" data-type="tilCustomLink" style="">Heatwave has turned ACs from a luxury to a necessity — but margins remain muted for the players</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-vs-bharti-airtel-four-charts-to-showcase-how-indian-telecom-giants-faired-in-2022/slidelist/91640306.cms" data-type="tilCustomLink" style="">Reliance Jio Vs Bharti Airtel — Four Charts That Showcase How The Indian Telecom Giants Faired In 2022</a>

Flipkart claims to be the second biggest ‘buy now, pay later’ player ahead of Paytm, Amazon

<ul><li><keyword id="19902762" type="General" weightage="20" keywordseo="Google" source="keywords" meta.keywordsubtype="org" meta.entityname="Google" meta.hostid="261" meta.entityid="Google">Google</keyword> announced the launch of the <keyword id="20702287" type="General" weightage="100" keywordseo="Google-Wallet" source="keywords">Google Wallet</keyword> app in India on Wednesday.</li><li>Google Wallet is a <keyword id="20546945" type="General" weightage="20" keywordseo="digital-wallet" source="keywords">digital wallet</keyword> platform that allows users to store their <keyword id="21409411" type="General" weightage="20" keywordseo="loyalty-cards" source="keywords">loyalty cards</keyword>, gift cards, boarding passes and more.</li><li>Here’s everything you need to know about the Google Wallet.</li></ul> The Google Wallet has finally been launched in India, after being spotted on the Play Store a few weeks ago. While Google had then dismissed speculation around the launch of the app in India, it has now officially launched the app. For those unaware, Google Wallet is a digital wallet platform that allows users to store their loyalty cards, gift cards, boarding passes and more. Google has partnered with over 20 brands in India and has said that other brands will be added in the coming months. <cmsannotation type="cmsannotation" annotationid="What is Google Wallet?" comment="subhead" text="What is Google Wallet?">What is Google Wallet?</cmsannotation> The Google Wallet was first launched in 2011 in the US as a payment app and was relaunched as a digital wallet app in 2022. With Google Wallet, you can store digital versions of your transit passes, office badges, vaccine records, car keys, boarding passes, and even student IDs. Now, nearly two years later, the app has made its way to India, albeit with some changes. While the app in the US allows users to add their debit and credit cards, Indian users will not be able to do so. <cmsannotation type="cmsannotation" annotationid="Google Wallet for India" comment="subhead" text="Google Wallet for India">Google Wallet for India</cmsannotation> To cater to India, Google has partnered with over 20 of the country’s leading brands, including PVR &amp; Inox, Air India, Indigo, Flipkart, AbhiBus, Kochi Metro and more. For India, the Google Wallet app will only work as a digital wallet and users will not be able to add their debit or credit cards. For this purpose, Indian users can continue to use the <keyword id="19907218" type="General" weightage="20" keywordseo="Google-Pay" source="keywords">Google Pay</keyword> app. "The arrival of Google Wallet in India marks an important milestone in Android's India journey, bringing innovative and convenient experiences to simplify peoples' daily lives. We are delighted to partner with many of India's top brands to offer a comprehensive solution that helps you securely access and manage your everyday essentials. From boarding passes to loyalty cards, and event tickets to public transport passes - they're there when you need them,” said Ram Papatla, GM and India Engineering Lead, Android at Google. <cmsannotation type="cmsannotation" annotationid="Google Pay to continue" comment="subhead" text="Google Pay to continue">Google Pay to continue</cmsannotation> In February 2024, Google announced that it would replace the Google Pay app with the Google Wallet in the US. While Google has now launched the Google Wallet in India, the Google Pay app will continue to work as usual in the country. The Google Pay app already has a huge user base in the country, alongside PhonePe. As per NPCI data, over 5 billion transactions were done on Google Pay in April 2024. "Google Pay is not going anywhere. It will remain our primary payment app. Google Wallet is specifically tailored for non-payment use cases," Papatla added. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/google-has-silently-launched-the-pixel-8a-in-india-starting-at-52999/articleshow/109937286.cms">Google has quietly launched the Pixel 8a in India starting at ₹52,999</a> <a href="https://www.businessinsider.in/business/auto/webstories/top-selling-cars-in-india-in-april-2024-tata-punch-continues-to-dominate/slidelist/109909744.cms">Top-selling cars in India in April 2024 – Tata Punch continues to dominate</a> <a href="https://www.businessinsider.in/tech/mobile/news/global-smartphone-shipments-grow-by-6-in-q1-2024-samsung-retakes-the-top-spot/articleshow/109817280.cms">Global smartphone shipments grow by 6% in Q1 2024, Samsung retakes the top spot</a>

Google Wallet launched in India – store your loyalty cards, boarding passes and more

<ul><li><keyword id="1554716" type="General" weightage="20" keywordseo="buy-now" source="Orion">Buy Now</keyword>, <keyword id="3621187" type="General" weightage="20" keywordseo="pay-later" source="Orion">Pay Later</keyword> schemes by e-commerce platforms may look attractive but charge you a higher amount if you miss any payment deadline.</li><li>Suppose you took a cab ride of ₹1,500 on Ola and paid through Ola Money Postpaid. If you forget to pay the amount in the next 15 days then you will be charged ₹100 the other day.</li><li>Online platforms like Paytm Postpaid, Ola Money Postpaid, Amazon Pay Later and Flipkart PayLater charges up to ₹600 fees if you miss any deadline dates.</li></ul>Just like credit cards, Buy Now, Pay Later (<keyword id="9522245" type="General" weightage="20" keywordseo="bnpl" source="Orion">BNPL</keyword>) schemes allow you to buy products beforehand and pay the total amount in installments. You must be aware of Paytm Postpaid, Ola Money Postpaid, Amazon Pay Later, Flipkart PayLater and several others. To help you understand the steep charges by online platforms that have Buy Now, Pay Later scheme here is an example. Suppose you took a cab ride of ₹1,500 on Ola and paid through Ola Money Postpaid. Later if you forget to pay the amount in the next 15 days then you will be charged ₹100 the other day. Also, this amount will keep on increasing every cycle if you miss future deadlines. During the last couple of years and also because of covid infused financial stress, BNPL schemes have become very popular among young who are new to the credit space. Macquarie expects the total amount of loans disbursed through such schemes to be anywhere between $45 billion and $50 billion by March 2026. The current market is still very small ⁠— about 0.7% of all bank loans and about 2.07% of loans given by the non-banking financial companies, <a href="https://rbidocs.rbi.org.in/rdocs//PublicationReport/Pdfs/DIGITALLENDINGF6A90CA76A9B4B3E84AA0EBD24B307F1.PDF">according to the latest data provided by the Reserve Bank of India</a>. <div type="image" title="loan disbursal" height="900" width="1200" msid="87798372" hostid="261"></div> While these schemes do serve the purpose of buying products on time and paying later, one should be aware about the high cost in late payments. How does BNPL work? <ul><li>Buy a product at an online or e-commerce platform</li><li>Select ‘Buy Now, Pay Later’ option</li><li>Make a small down payment of the overall purchase amount</li><li>The remaining amount shall be debited in a series of EMIs</li></ul>Most BNPL schemes offer a smaller repayment window of 15 to 30 days and charge up to ₹600 fees if you miss the deadline. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Late fees </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ZestMoney </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹250+ 1% per day on late repayments </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Simpl </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹250 per cycle default </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ePayLater </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹100 per cycle default </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">KrazyBee </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹500+ 0.2% penalty charge per day </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Paytm Postpaid </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹10-500 per cycle default </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Amazon Pay Later </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹100-500 per cycle default </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mobikwik Zip </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹20-200 per cycle default. Plus 1% late fee after 3rd cycle </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Flipkart PayLater </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹60-600 per cycle default </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">LazyPay </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹50-500 per cycle default </td></tr></tbody><tbody></tbody></table>Source: Macquarie report dated November 18, 2021 BNPL looks attractive but is definitely not a win-win situation for consumers. These steep late fee charges indicate significant revenue for the company, said analysts at global brokerage firm Macquarie Research. What should you do? Educate yourself about the interest charges including processing fee, which you would be paying before you make your purchase via the BNPL option, on the total amount before buying a product through BNPL. It is best to use the BNPL option when you are sure of paying the entire due amount before the due date. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/opinion-the-next-four-letter-word-taking-the-world-of-finance-by-storm/articleshow/87260681.cms">OPINION: The next four-letter word taking the world of finance by storm</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/ntpc-is-hiring-experienced-engineering-professionals-with-a-monthly-salary-of-60000/articleshow/87781706.cms">NTPC is hiring experienced engineering professionals with a monthly salary of ₹60,000</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/zomato-is-now-bigger-than-paytm-reasons-why-the-market-is-not-excited-about-vijay-shekhar-sharmas-vision-of-a-superapp/articleshow/87777762.cms">Zomato is now bigger than Paytm — reasons why the market is not excited about Vijay Shekhar Sharma’s vision of a superapp</a>

From Simpl to Paytm Postpaid ⁠— these are the penalties on late payments on Buy Now, Pay Later schemes

<keyword id="8009942" type="General" weightage="20" keywordseo="walmart-owned-flipkart" source="Orion">Walmart-owned Flipkart</keyword> on Friday announced that it will be distributing <keyword id="6355975" type="General" weightage="20" keywordseo="axis-bank" source="Orion">Axis Bank</keyword>'s <keyword id="35520" type="General" weightage="20" keywordseo="personal-loans" source="Orion">personal loans</keyword> on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to ₹5 lakh which can be repaid in up to three years, it said in a statement. The announcement comes amid reports of <keyword id="30067" type="General" weightage="20" keywordseo="rbi" source="Orion">RBI</keyword>'s concerns on the high growth in the more riskier unsecured lending segment like personal loans and credit cards. "As Indian consumers continue to evolve, an increasing aspiration exists to enhance their lifestyles," the Flipkart statement said. The facility in tie-up with the third largest private sector lender will empower customers with increased purchasing power, it added. Flipkart's senior vice president for fintech and payments group, Dheeraj Aneja said the e-commerce platform already offers financing avenues like Buy Now Pay Later (BNPL), Equated Monthly Installments (EMI), and Co-branded Credit Cards to support buyers. "Our focus is to enable credit and enhance purchasing power by granting access to liquidity precisely when needed. These financial solutions cater to the evolving demands of consumers, offering greater flexibility and convenience throughout their purchasing journeys," Aneja added. Axis Bank's president and head of digital business and transformation, Sameer Shetty, said the bank will be able to offer lending to a wider spectrum of customers through the partnership. Customers will be able to get loan approvals in 30 seconds under the partnership, the statement said.

Flipkart to distribute Axis Bank personal loans of up to ₹5 lakh

<ul><li>Amazon has announced a special summer offer discount for all the <keyword id="17233378" type="General" weightage="20" keywordseo="ps5-variants" source="Orion">PS5 variants</keyword>.</li><li>The new effective price starts at ₹49,990 for the standard variant, and the digital variant is now priced at ₹39,990.</li><li>As an Amazon Prime member with an <keyword id="4009819" type="General" weightage="20" keywordseo="amazon-pay" source="Orion">Amazon Pay</keyword> ICICI Bank credit card, you can avail of a 5% cashback.</li></ul>Amazon has slashed the price of <keyword id="2428812" type="General" weightage="20" keywordseo="playstation-5" source="Orion">PlayStation 5</keyword> by ₹5,000 for both Digital Edition and Disc Edition, taking this gaming console back to its original launch price, presenting an excellent opportunity to grab it and embark on an unparalleled gaming journey. So, if you've been eagerly waiting to own the PlayStation 5, now is the time to take advantage of this special summer offer, save some bucks, and elevate your gaming experience to new heights. <cmsannotation type="cmsannotation" annotationid="Discounts and offers on Amazon" comment="subhead" text="Discounts and offers on Amazon">Discounts and offers on Amazon</cmsannotation> The PlayStation 5 digital edition is priced at ₹39,990, while the standard disc edition costs ₹49,990. As an Amazon Prime member with an Amazon Pay ICICI Bank credit card, you can avail of a 5% cashback, which amounts to ₹1,999 for the digital edition and ₹2,499 for the disc edition. Alternatively, HSBC credit card holders can also enjoy a cashback of up to ₹250. Amazon provides a 7-day replacement policy in case of physical damage, defective or wrong, and missing items. To initiate a replacement request, you must submit proof of the issue for verification. Inside the package, you will receive the console, a dual-sense controller, an HDMI cable, an AC power cord, a USB-A to USB-C cable, and a console stand. If you wish to purchase an additional dual-sense controller, it is priced at ₹7,699, down from its original price of ₹9,990 on Amazon. <cmsannotation type="cmsannotation" annotationid="No-cost EMI" comment="subhead" text="No-cost EMI">No-cost EMI</cmsannotation> You can take advantage of a no-cost EMI option when purchasing the PlayStation 5 using select bank cards such as HDFC, American Express, HSBC, and more. Additionally, EMI on debit cards is available for select HDFC, ICICI, Axis, Kotak Mahindra, and Federal Bank customers. Furthermore, if you are eligible for Amazon Pay Later, you can buy the PlayStation 5 on easy instalments with a 24% interest rate. These prices and payment options are applicable across all partner platforms, including Amazon, Flipkart, Chroma, Vijay Sales, Reliance Digital, and Sony offline and online stores. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/bard-to-magi-googles-latest-weapon-in-the-battle-for-search-supremacy/articleshow/99576251.cms">From Bard to Magi: Google's latest weapon in the battle for search supremacy</a> <a href="https://www.businessinsider.in/tech/news/ai-generated-images-and-videos-a-game-changer-or-a-threat-to-authenticity/articleshow/99560443.cms">AI-generated images and videos: A game-changer or a threat to authenticity?</a>

This could be your last chance to grab a PlayStation 5 at a ₹5000 discount in India

Flipkart has teased some generous discounts and offers on select iPhone models for its upcoming sale event. The Big Saving Days sale will be live from April 12 to 14 and it will let you buy your favorite iPhones at discounted prices. Apple’s most famous product, the iPhone is a dream for many. Its unique design, stable UI, and good camera performance are some reasons that appeal to the masses. However, the bite of this Apple is relatively pricey, and if you’re one of those waiting for a sweet deal on them, this might be the right time. For all the iPhone variants listed, Flipkart lets you avail an additional 5% cashback if you are using the Flipkart Axis Bank Credit Card. For more discounts, you can also exchange your older smartphone and get a discount of upto ₹13,000. Read below to know more about discount offers on iPhone 12, iPhone 13, and others- iPhone SE 2022 <div type="image" title="iPhone SE features A15 Bionic chip" msid="90780565" hostid="261"></div> You can buy the iPhone SE from Flipkart at a starting price of ₹30,499 for the 64GB variant against the MRP of ₹43,900. While the 128GB variant is available for ₹35,099 reduced from ₹48,900 and the 256GB variant is available for ₹45,099 which is much lower than the MRP of ₹58,900. The most affordable iPhone from Apple, the SE 2022 is a great option if you are looking to enter the Apple ecosystem. While you have to compromise with an older design, under the hood it is powered by Apple’s flagship 5G SOC the A15 Bionic. It features a 4.7-inch Retina IPS LCD display. You get a 12MP single main camera set-up on the iPhone SE. iPhone 12 <div type="image" title="iPhone 12 was the first 5G iPhone." msid="90780584" hostid="261"></div> The iPhone 12 is available on Flipkart at a starting price of ₹59,999 for the 64GB variant against the MRP of ₹65,900. The 128GB storage option comes for 65,099 against ₹70,900. Launched in 2020, the iPhone 12 was Apple’s first 5G smartphone. A powerhouse in its own right, the iPhone 12 packs in the A14 Bionic chip. It features a 6.1-inch Super Retina XDR OLED screen. You get a dual-camera set-up on the back - a 12MP main camera paired with another 12MP ultra-wide sensor. iPhone 12 Mini Coming with similar specs and a smaller size of 5.4-inches, you can get the 64GB variant of the iPhone 12 mini for a price of ₹49,999, you can upgrade to the 128GB variant for ₹55,199. The 256GB variant is available for ₹69,900. iPhone 13 <div type="image" title="iPhone 13 features smaller notch &amp;amp; a new camera design" msid="90780659" hostid="261"></div> You can get your hands on this latest non-pro iPhone now with a starting price of ₹74,900 for the 128GB storage variant which is lower than the MRP of ₹79,900. The 256GB storage variant is available for a price of ₹83,900 that's ₹6000 lesser than its MRP. while the 512GB storage variant comes for ₹1,04,900 against the MRP of ₹1,09,900. Packing in all the latest hardware the iPhone 13 runs on Apple’s A15 Bionic 5G chipset. The display on iPhone 13 is a 6.1-inch super retina XDR OLED display. Compared to iPhone 12 the iPhone 13 features a 20% smaller notch. For the camera set-up, you get 2 sensors on the back. There is a main 12MP shooter combined with a 12MP ultra-wide sensor. iPhone 13 mini Packing in similar specifications, the iPhone 13 mini is standing tall at 5.4-inches. The 128GB storage variant is available at a price of ₹64,900, while the 256GB storage variant comes at a price of ₹74,900. You can upgrade to a 256GB storage variant for ₹94,900. 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Flipkart’s Big Saving Days sale could be a good time to grab iPhones at a discounted price

<ul><li>Over five lakh temp jobs will be created across <keyword id="1105147" type="General" weightage="20" keywordseo="E-commerce-companies" source="Orion">e-commerce companies</keyword> in the festive season.</li><li>Highest demand in hiring is seen in quick commerce, retailers and FMCG companies.</li><li>Indian shoppers expected to indulge in ‘revenge shopping’ this festive season.</li></ul>Amidst a rise in post-pandemic purchases and economic activity, e-commerce companies are gearing up for the festive season by expanding their temporary workforce at a rapid clip. This festive season is expected to see a two-fold increase in logistics and delivery alone as shoppers are expected to indulge in ‘revenge shopping’. In the season beginning October and lasting till December, companies will add 20% more to their current workforce base, and the pay scale will be 8%-10% higher than last year, according to human resources analytics firm TeamLease. Also, it expects India to have 372 million online shoppers by the end of 2022. “Overall five lakh additional jobs are expected to be added during India’s festive season. In the FMCG sector, the demand for Feet-on-Street salespeople (FOS) will be the highest. Companies will add 20% more to their current workforce base and even pay about 10% extra than last year,” TeamLease said. <keyword id="6354742" type="General" weightage="80" keywordseo="flipkart" source="Orion">Flipkart</keyword>’s Big Billion Days sale and <keyword id="18635" type="General" weightage="80" keywordseo="amazon" source="Orion">Amazon</keyword>’s Great Indian Festival are scheduled for later this year, to cash in on the festive buying spirit. In 2022, Flipkart aims to create 50,000 jobs across its centres, and is hiring at least 400 new employees every day at its Haringhata warehouse for its upcoming flagship sale. <keyword id="319719" type="General" weightage="80" keywordseo="myntra" source="Orion">Myntra</keyword>, one of India’s largest retailers, too is gearing up for its ‘Big Fashion Festival’. “Myntra has a robust last-mile delivery facility with 80% MENSA (Myntra Extended Network for Service Augmentation) partners. The additional incentivisation of the frontline delivery partners during the peak days will also go into creating a smoother consumer experience, particularly our Big Fashion Festival,” Nupur Nagpal, CHRO of Myntra told Business Insider India. Sales during the festive period generate huge revenue for e-commerce companies. According to wealth management firm Bernstein’s report, GMVs (gross merchandise value) of e-commerce firms during October sales reached $9.3 billion in 2021, a jump of 26% year on year. Flipkart led the festival market share with 62% while Amazon had 27%. <cmsannotation type="cmsannotation" annotationid="Hiring across big and small companies" comment="subhead" text="Hiring across big and small companies">Hiring across big and small companies</cmsannotation> E-commerce companies, big and small, have plans of increasing hiring and expanding operations. Retail stores are also seeing a pick up in activity and will join the hiring bandwagon. “By mid-quarter, especially across quick commerce, hiring will pick up by 20% during festivities. Retail stores badly affected by the pandemic are now reviving and expected to increase their hiring. This is especially to cater to the weekenders, who walk in swathes during the festive season,” said Ajoy Thomas, vice president and business head at <keyword id="6381892" type="General" weightage="50" keywordseo="teamlease-services" source="Orion">TeamLease Services</keyword>. The New Shop, an omnichannel e-commerce company largely operating in North and West India, plans to have 1,000 stores in India by 2025 and is on a hiring spree as well. The company is a 24-hour convenience store that sells FMCG products. “The festive season has always been big for the retail industry. On an average, the consumer’s discretionary spending increases during festivals, which leads to more customers and gift giving. Hiring will increase by 10-15% and store operations are expected to rise 70-100%,” Aastha Almast, co-founder of The New Shop, told Business Insider India. The New Shop wants to focus on Tier 2 and Tier 3 cities, and is expecting to hire over 200 employees in the cities of UP, Haryana and MP. TeamLease’s Thomas said that although there is an increase in temp hiring during the festive season, it is crucial that the e-commerce companies absorb these workers into the workforce permamently after the festivities are over. India’s unemployment rate had gone upto 23.5% during April 2020 according to <a href="https://www.statista.com/statistics/1111487/coronavirus-impact-on-unemployment-rate/">Statista</a> report. As of May 2022, it stands at 7%. The great Indian festivals post-pandemic are expected to lower this statistic further. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-amazon-to-oscars-goodie-bags-indian-consumer-brands-are-going-places/articleshow/93996488.cms">From Amazon to Oscars goodie bags, Indian consumer brands are going places</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/apps/news/whatsapp-new-features-send-messages-to-yourself-survey-and-bug-reports/articleshow/93997107.cms">Ability to send messages to yourself, surveys and other upcoming WhatsApp features</a>

The great Indian festival of hiring: E-commerce companies gear up for India’s shoppers

Domestic e-commerce platform <keyword id="6354742" type="General" weightage="20" keywordseo="flipkart" source="Orion">Flipkart</keyword> on Friday announced its foray into the healthcare sector through the launch of Flipkart Health+, to provide consumers access to affordable and convenient healthcare. As part of this development, the Flipkart Group has signed definitive agreements to acquire a majority share in Sastasundar Marketplace, which owns and operates SastaSundar.com, an online pharmacy and digital healthcare platform, the company said in a statement. The new venture builds on Flipkart's efforts to address the growing consumer Internet ecosystem, providing end-to-end offerings from travel to healthcare as digital technologies continue to democratise access to products and services. "The consumer internet ecosystem in India is growing rapidly as consumers recognise the opportunities and convenience that digital adoption is enabling in their lives. With growing awareness and focus on health heightened by the pandemic, there is a large opportunity and demand for affordable healthcare and ancillary offerings. "We are excited to enter this space through this investment in SastaSundar.com, a company that has established itself as a trusted partner for lakhs of consumers through genuine products, a technology-powered platform and a wide network. "The synergies between the Flipkart Group and SatsaSundar.com, combined with our commitment to prioritise our customer's needs, will help us grow and transform online healthcare in India," said Ravi Iyer, Senior Vice President and Head -- Corporate Development, Flipkart, in the statement. SastaSundar.com offers a digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies. It aims to address the issues of access to affordable and quality healthcare in India by providing original products from authorised sources and delivering them across the country. By utilising Artificial Intelligence and data analytics technologies and integrating them with personal counselling through its network, SastaSundar.com provides consumers comprehensive solutions for a wide range of healthcare needs. Flipkart Health+ will leverage the combined strengths of the Flipkart Group, which includes its pan-India reach and technology capabilities, with SastaSundar's deep expertise to provide consumers end-to-end offerings in the health-tech ecosystem. It will endeavour to give millions of Indian consumers access to quality and affordable healthcare, starting with e-pharmacy and will add new healthcare services such as e-diagnostics and e-consultation over time, the company said. Flipkart Health+ will report to Ajay Veer Yadav, Senior Vice President, it added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/farm-laws-timeline-important-milestones-from-their-enactment-to-withdrawal/slidelist/87795876.cms">Farm laws timeline – important milestones from their enactment to withdrawal</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/personal-finance/news/how-does-buy-now-pay-later-schemes-work-and-what-are-the-penalties-here/articleshow/87788629.cms">From Simpl to Paytm Postpaid ⁠— these are the penalties on late payments on Buy Now, Pay Later schemes</a>

Flipkart enters healthcare sector by acquiring stake in online pharmacy SastaSundar

<ul><li>Try not to shop for what you may need and only purchase what you definitely need. There will always be a sale later.</li><li>While most large online outlets offer your money back on returns, few don’t, so always read the terms and conditions.</li><li>In the urge to buy something unique or cheap from international sites, you may end up paying a stupid amount on import duty. </li></ul> There was a time not so long ago when <keyword id="6368952" type="UNKNOWN" weightage="20" keywordseo="Shopping">shopping</keyword> was an ‘event’ for an ‘event’ - a wedding in the family, a religious festival, a birthday and a few other special occasions. But now, it is something that is indulged in almost every other day or week. And while some find the experience of going to a mall thrilling, that insatiable need to shop⁠ ⁠or to find great discounts and deals is more or less limited to a phone or a computer because of the current COVID-19 situation. While it may be tough to ignore the plethora of sale notifications from companies like <keyword id="18635" type="COMPANY" weightage="20" keywordseo="Amazon">Amazon</keyword> and <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword> telling us about the fabulous deals they have in store, it is crucial to be mindful of the points below before investing our hard-earned money. 1. Make a wishlist: It is easy to jump into a rabbit hole of <keyword id="6357762" type="UNKNOWN" weightage="20" keywordseo="online-shopping">online shopping</keyword> and buy everything cheap just because you may need it later or may fit into it later. Try not to shop for the ‘mays’ and only purchase what you need now. There will always be a sale later. 2. Take time to scour the internet: Just like you don’t walk into a shop and buy the first thing you see, don’t just buy the first thing you see online that meets your requirement. While it may be tempting just to click ‘buy now’ when you see something exciting, and on sale online, it is advisable to do your research and check out a bunch of sites before you hone-in on a product. It’s common to stumble upon an identical item cheaper on another site. 3. Buy good quality out-of-season articles and save them for later: While buying for the upcoming season may seem like the sensible thing to do, what would be more prudent is to invest in premium quality products end-of-season. They are often dirt-cheap, and you may never be able to purchase it full price anyway. It may be a bummer to wait for months before you can wear your new purchase, but it will undoubtedly be rewarding when you do sift it out months later. In fact, it’s best not to buy these when the company is offering a sale, instead, look out for these items when the sale is not on, some sites have a permanent sale section for things that are low in stock, or they want to get rid of inventory since the season is gone. 4. Measure up: It is always best to take a tape measure and measure yourself or the space in which the item you wish to buy will go. However, some size charts can be quite deceptive. So, it may be a good idea to check out the sizes of your already-existing items and buy from the same brand or same size. Also, don’t buy something by just seeing the picture. There are hilarious memes out there when people have bought items thinking it’s of standard size and they turn out to be miniatures. 5. Make a note of the delivery time and delivery charges: No one wants to pay extra for delivery nor wait forever to receive an item. Some sites have an option wherein you can check the delivery time to your location by typing in your pin code, and some websites also have options of items that are ‘ready to be dispatched’ that will take a shorter period to arrive. There are instances where the site claims there is no delivery charge, but you will notice the same product in another site will cost you less even after paying the delivery charges. Another point to note is whether you will have to bear any cost if you have to return or exchange the product. 6. Go through the fine print, particularly the return/exchange policy: A big advantage to shopping online is the fact that you can ‘usually’ return a product and get your money back. However, while most large online outlets offer your money back, few don’t. They only offer exchange or store credit, and sometimes not even that. It would be wise to read the ‘shipping and returns’ terms and conditions or call the customer care and check with them. 7. If you are unhappy with the product, complain: It’s always smart to let the seller know if you faced any issues with the product. However, be kind and patient, a random rant by an irate customer is often ignored. Call, mail, chat, whatever floats your boat. If your problem is genuine, an enterprising seller may offer you a voucher to make up for a bad experience. 8. Be very careful while ordering from international websites: In the urge to buy something unique or cheap, you may end up paying a stupid amount in import duty. Also remember, once purchased, it will be close to impossible to return the item if dissatisfied. 9. Always read the user feedback: This feature may be unavailable in most sites, but some, like Amazon, <keyword id="319719" type="COMPANY" weightage="20" keywordseo="Myntra">Myntra</keyword>, <keyword id="113593" type="COMPANY" weightage="20" keywordseo="Marks-Spencer">Marks &amp; Spencer</keyword> etc., have a feature where users can leave images and feedback on the product. Now, interpreting the feedback is also crucial. Beware of the always-disgruntled shopper who will buy a ₹100 headphone but expect Marshall-quality audio or disingenuous extra positive feedback probably written by the seller’s kin. Then, there is a genuine lot whose opinion is resonated by most, which is usually the best indicator of whether the product is worth buying. Also, go with your gut. If something looks too good to be true, it probably is. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/heres-how-indians-are-buying-tesla-facebook-and-apple-shares-through-brokerage-startups/articleshow/80403004.cms" data-type="tilCustomLink" target="_blank">Here’s how Indians are buying Tesla, Facebook, and Apple shares through brokerage startups</a> <a href="https://www.businessinsider.in/policy/economy/news/recession-in-india-will-end-latest-by-march-says-a-top-economist/articleshow/80399198.cms">Recession in India will end latest by March, says a top economist</a> <a href="https://www.businessinsider.in/budget/news/do-not-panic-when-finance-minister-nirmala-sitharaman-reads-out-the-revised-estimates/articleshow/80400869.cms">Do not panic when Finance Minister Nirmala Sitharaman reads out the revised estimates</a>

You Searched For "flipkart pay later" and got 10 results

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