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Snapdeal Claims to Become Yet Another ‘First E-Comm Firm to Turn Profitable’

Snapdeal Claims to Become Yet Another ‘First E-Comm Firm to Turn Profitable’

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In an interview with Aveek Datta, a Columnist associated with The Financial Express, Snapdeal’s CEO Kunal Bahl said that “We will surely be the first e-commerce company to turn profitable in India because of the business model we follow and our commitment to it.” Bahl states Snapdeal has taken a conscious decision to stay away from diversifying into developing and selling private labels and stocking inventory, like some of its peers.

To CoD or Not to CoD?

To CoD or Not to CoD?

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As far as a majority of the Indian consumers are concerned, this is a no-brainer. Barring only some nuisance value disadvantages, cash on delivery (COD) is seen as a blessing by purchasers, much as it was intended to be seen by e-tailers at the time of setting up shop.

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