online fashion industry in india
TRANSCRIPT
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Online Fashion Industry in India Redefining Fashion
n India, fashion was determined by what celebrities
were wearing at that moment. This trend dominated
the Indian fashion industry for a very long time. After
sometime, a few brands made their way into the market
altering the perception of Indian customers by a bit. The
brands like Levi’s, Polo, Louis Philippe were one of the
most talked about brands and were only present in their
exclusive showrooms. The perception of fashion turned
from style and positive attitude to exclusivity and
expensive products falling a bit in luxury products.
I
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Anyways, everything changed with the steeping in of
online shopping. It redefined the whole industry and
perception of shoppers towards fashion. Hundreds of
categories with millions of products were introduced to
the shoppers which amazed them. It was much more
intriguing to know the price of these products which was
very low in comparison to the retail products present in
the offline world. New sellers were introduced and with
them came new ideas.
The term of online shopping for fashion changed the
Indian customers forever. There was a whole array of
products for every shape and size, age and gender.
Fashion was redefined to its original definition of having a
unique style and carrying oneself.
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The low price and large number of products gave online
fashion industry a boost. The work of online fashion sale,
which was expected to be done in a decade was done in a
mere year or two. Sites like Jabong, Myntra became
extensively popular and easily placed themselves in the
race of black horses of online retail industry.
One thing which worked as NO2 for the fashion shopping
were the discount coupons which were potent to reduce
the price at the payment gateway. To lure their
customers, these sites started offering free coupons and
coupon codes to provide discounts on online purchase of
products.
For example, just a two years old company Jabong, got
close to a billion dollar of valuation due to the special
discount coupons it provided on its products. Buyers
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simply need to redeem the Jabong coupons at the time of
payment procedure to avail the discounts.
On one hand when people got a lot of variety to choose
from, people are getting an amazing shopping experience
with the delivery system, return option and offers these
sites are providing. Fashion bloomed and with its boost, it
got into the reach of all internet users as no exclusive
stores were needed. Now fashion is within our reach and
it is highly afford able, the experience of shopping has
been increased by many folds and people are enjoying
their apparels and other products at unbelievable price.