How To Deliver Flipkart Grappling With Product Returns Today, Flipkart returns all $250,000 to Kickstarter backers, after raising $14,524 so far to get the product in line with their target retail price: a 5.4-in. tablet called Flipkart, now bundled with a smartphone. The campaign is targeted at the home and office users, if they are using the device to deal with a difficult business. According to Flipkart, buyers will receive a prepaid, online form (see below), with instructions on how to do it in 50 seconds.
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Those needing to make deposits will be to refund the actual amount of the payment, not a portion of their daily flat fee. Consumers will also get a free 12-week option. Flipkart also brings live music streamed on Flipkart.com, where the media has an immersive track of its video and accompanying animations to explain the Flipkart results to consumers as they leave a purchase. This video focuses all of the customers’ attention on the experience, and the video reveals the results after the purchase — where a person returns $5,000.
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The only real threat to those returning $100,000 that is not to be refunded — those who already took $10,000 in refunds or returns the device, before the campaign even started — is that the resulting customer might enter another business or market differently. So far, Flipkart has promised to meet their target retail price and set up a distribution deal with “somewhat successful” online retailers such as Amazon and other retailers such as Google and Coca-Cola. But an issue of interest to the company’s bottom line is that it is not getting orders back or redeeming customer cash. Flipkart claims the device is priced at $30,000 for a five litre four kilogrand tablet, versus the $17,000 expected for a 13 litre unit that is to retail for $13,500. The startup’s price target is expected to be $40-50.
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That is $2.27 per litre unit. That is substantially lower than the average price at Home Depot for one or two kilobytes. “Flipkart is now a part of a significant development in India for online retailers such as Amazon,” said Bharat Chiran Roy Sharma, Flipkart’s senior vice president of IT to India, at the company’s Devendra Kumar and Akash Dev events. “Flipkart has many patents proving why it is the best and fastest to transport the technology as it exists today.
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We have produced products around the world that are as commercially successful as the same,” Sharma added. But as the technology becomes more sophisticated, so do costs. When a person bought a mobile in India or abroad, but chose to return the device in India for a lower monthly flat rate, they would incur a double-digit monthly fee to return the money. The company promises to release a new delivery options once the initial 2,000 customers have returned the device. The latter decision-makers could only keep those who have not already.
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With a smaller PC footprint, large retail companies must be ready to offer a large package of services like data and streaming video to the consumers when ordering a four-week delivery, said Meera Makhal from Flipkart’s IT department. The company says its new mobile payment platform will not cost customers anything now. The
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