iWorld

FirstCry.com to expand offline footprint

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/internet-images/2014/08/07/firstcry.jpg?itok=zs8rocDO

MUMBAI: The last couple of months have been an exciting one for the blooming e-commerce sector. As more and more investors fund the e-commerce sites, the sector’s purple patch is here to stay for a long time.

However, the niche e-commerce sector, FirstCry.com, which was launched in 2010 to solve Indian parents’ problem of not having access to the best brands and products for their kids, is planning to take the offline route as well.

The company feels that e-commerce’s future is looking promising in the country as more and more people come online and continues to be a big focus for us. “But what we see as a larger vision is to build an ecosystem of solutions for parents. Since, parents exhibit hybrid behaviour of shopping online and offline, we decided right at our inception that it was important to have offline stores as well. Today with a footprint in over 20 states with more than 70 stores, we are in a great position to offer the right variety of brands and products to parents,” says Firstcry.com founder and CEO Supam Maheshwari.

With more than 95 per cent sales happening offline, there is still a large part of baby products market to be tapped, it has a vision of reaching 400 stores offline by December 2017. Currently, FirstCry stores have their presence in many Tier I, II and III cities in 45 cities.

However, by entering into the untapped markets, where offline presence of baby products is low, it is highly optimistic about the company’s growth.

On the marketing front, one of the key aspects of its strategy is to keep online and offline integrated. A parent who shops with FirstCry.com should be able to get the same experience online and offline. “We have a strong e-mailing program through which we are able to send personalised mailers making parents aware of store openings, promotions etc. In addition, we have introduced a highly innovative concept of a 32 inch digital Kiosk installed in each store – since a store is limited by physical space, we have used the Kiosk to allow parents to browse the large online variety and order what they like and the order will be delivered at the store. We also have a FirstCry Box program wherein we reach over 60,000 new parents each month with a complimentary gift box. Through this box, we make new parents aware of stores in their area and also offer a gift coupon which can be redeemed online or offline. Through a lot of such initiatives, we are able to ensure that we scale up our marketing plans with the highest ROI metrics,” says Maheshwari.

Franchisee investment of about Rs 3,000 per square feet is required for setting up a store, which ranges anywhere from 1000 square feet to 2000 square feet. The stores act as experience centers, successfully tackling the touch-and-feel challenges faced in purchasing online.

Overall, Firstcry keeps its model robust and scalable by controlling the franchisee’s investments, giving high return on investment and faster payback that has been instrumental in a break-even since inception. Firstcry.com along with its stakeholders looks forward to growing in terms of business and loyalty both.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/cyber-crime_0.jpg?itok=p19GYTc3
Govt gets active against cyber child porn

Considering the growing menace of cyber crimes targeting children, child victims of cyber crimes can now lodge their complaints at National Commission for Protection of Child Rights (NCPCR)’s POCSO e-box.

iWorld eNews
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/Chu-Chu-Story.jpg?itok=nDbnPlmG
ChuChu TV on YouTube records 10m subs with 154 kids videos

MUMBAI: A YouTube channel seems to be creating wonders with kids rhymes, and it is getting wonderful views and reviews and clicks! ChuChu TV, an Indian YouTube channel for kids, gives a positive spin to original nursery rhymes.

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/Alok_Joshi-Didar_Singh.jpg?itok=s5gDyJvc
Industry & govt need to jointly tackle risk of info & cyber insecurity

NEW DELHI: The National Critical Information Infrastructure Protection Centre (NCIIPC) safeguarded 300 establishments in India from the recent worldwide cyberattack by the WannaCry ransomware.

iWorld eNews
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/ott.jpg?itok=7CK0erzu
How do viewers engage with OTT videos

Akamai Technologies, a cloud delivery platform, has released new research demonstrating how quality of video resolution and playback affects viewers' engagement with and loyalty to over-the-top (OTT) video streaming services. Conveyed through advanced biometric measurement tools including facial...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/SonyLiv.jpg?itok=oMlb-wKy
SonyLiv's content mirroring contemporary trends key differentiator, says Uday Sodhi

MUMBAI: Lives today are a rigmarole of never-ending deadlines, household chores, family commitments and work life pressures. This cyclical orchestra of mounting pressures and waning pleasures leave an indelible impact on modern day relationships. With its focus on compelling storytelling that...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/ManojSinha-800x800.jpg?itok=mHcoAhzU
Inter-Ministerial group examining TSPs' system issues

NEW DELHI: Communications minister Manoj Sinha has said that an inter-ministerial group (IMG) has been formed to examine systematic issues impacting viability and repayment capacity in telecom sector. He said the IMG would furnish recommendations for resolution of stressed assets at the earliest...

iWorld Telecom
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/22/alt.jpg?itok=3HGz2se5
Digital entertainment: FreeCharge partners ALTBalaji, Eros Now & SonyLIV

FreeCharge, a digital payments platform, has announced its partnership with ALTBalaji, largest digital platform for original shows from India, to provide easy, secure and fast digital payment solutions for users.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/22/Vice%20Media-Story.jpg?itok=jKss617w
Vice Media to build largest OTT platform, expand to 80 markets by early '18

MUMBAI: Capital infusion of $450 million in Vice Media, which is a partner of Times of India, will help accelerate its expansion from 30 to 80 markets by early 2018 for the youth-focused media group. Known for its online videos and edgy reporting, Vice operates a popular YouTube channel and also...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/21/Uday%20Reddy.jpg?itok=OdzSEpqC
Dharma's Baahubali & Humpty Sharma etc movies to be on YuppTV

MUMBAI: YuppTV, a leading OTT brand for South-Asian content, has entered into an alliance with Dharma Productions, one of the most successful productions houses in India today. As part of the association, YuppTV users across the globe, excluding India, can now watch various blockbusters by Dharma...

iWorld Over The Top Services

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories