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Wednesday, June 7, 2017

Mubarakdeals.com sees opportunity in online-to-offline modest fashion business model in India

A substantial proportion of India’s fast-growing Muslim population of 172 million continues to rely on traditional methods when it goes shopping for clothes, especially those of the modest fashion variety. This includes visiting specific neighbourhood markets known for selling ethnic clothing or travelling to nearby cities or even out of the country to satisfy specific fashion needs.

Just over a year later, Mubarakdeals.com has more than 50 manufacturers and retailers selling their products through the website, said Akhtar.
The site has clocked 50 percent revenue growth quarter on quarter so far, and the target is to double annual revenue as well as the number of sellers.
Traffic has grown by more than 70 percent each month, resulting in a current rate of between 100 and 150 orders fulfilled every month, said Akhtar.
http://www.salaamgateway.com/en/story/mubarakdealscom_sees_opportunity_in_onlinetooffline_modest_fashion_business_model_in_india-salaam07062017055305/

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