Official DMV Login Portal at www.dmvnow.com
dmvnow WhatsApp launched a catalogue feature towards the end of 2019, where businesses can list images of their products. Businesses can also add prices and a link to take customers to the website where the product is being sold. According to WhatsApp, more than 3 million users in India view a business catalogue on WhatsApp each … Read more
Though WhatsApp launched Business in 2018, offering SMEs a chance to integrate with the app’s API , WhatsApp also controls who gets in. As we’ve discussed in our previous story, once a business signs up for API integration, WhatsApp vets the business with its business solution partner, which works with enterprises. Once the API request … Read more
But there’s a case for targeting rural households—many of them receive domestic and international remittances, says Dennis Valdes, president of Cebuana Lhuillier Rural Bank (CLRB), the rural banking unit of pawnshop giant Cebuana Lhuillier. That’s money that could go into deposits if banks could extend their reach. In 2019, Philippine overseas remittance inflows alone amounted … Read more
Consumers who have grown frustrated with their existing banks are low-hanging fruit ripe for neo and digital banks’ picking. Traditionally, bank processes and approvals have been slow and tedious. As banks make money on the spread between what they pay depositors and what they charge borrowers, they have been known to focus on big-ticket corporate … Read more
Building a platform from scratch allows tonik and digital banks to focus on intuitive design and user experience, says Filbert Tsai, chief strategist at startup consulting firm UpSmart, and former consulting manager at professional services firm Ernst & Young. Whereas a traditional bank that’s merely launching an online component is often burdened by a clunky … Read more
Krasnov also claims that more than 50% of Filipinos with bank accounts are dissatisfied with existing services. Neobanks have a huge potential of stealing those banked customers. That’s why incumbents have no choice but to defend their turf. International bank groups CIMB of Malaysia and ING of the Netherlands were the first to launch digital … Read more
“Computer accessories products grow consistently year-over-year. Keyboards, mouse and webcams—sales for these products don’t go down. It might be 10-15% growth per year, it’s still a very big market. When exclusivity is a bigger number game with a bigger player, why not be exclusive?,” a senior executive at an Accelerator brand said, declining to be … Read more
Big brands, though, have moved away from this. “When OnePlus says they will launch on Amazon, they are also saying it will be on OnePlus stores and its site; no longer do you have the exclusivity you had earlier,” said Faisal Kawoosa, founder of tech analysis firm TechARC. That’s one of the reasons companies like … Read more
Then there are India-specific examples. When premium smartphone maker OnePlus entered India in 2014, it struck an exclusive partnership with Amazon, and Xiaomi struck up an exclusive tie-up with Flipkart. For the quarter ended 31 March 2020, Amazon led the premium smartphone market with a 53% share thanks to sales of OnePlus, Samsung and Apple, … Read more
Exclusivity is a two-pronged weapon for e-commerce players. It drives traffic to the platform while holding competition off. For businesses which have been badly affected by the pandemic, it could prove crucial. In May, when India eased the nationwide lockdown it imposed due to the pandemic, allowing e-commerce players to resume operations across categories, Amazon … Read more