Chachu's column #8: Of Fabulous E-tailing Sites
Even when the stories of dot-com busts still abound the Internet fraternity,
the e-tailing business has made slow but good progress in the country. The
success of Amazon.com (for online purchase) and ebay.com (for online auction)
are case in point. E-tailing, in simple terms, refers to purchase of goods
over the Internet. Some five years ago, our Computer Science professor had
to buy a very important book. However, he was too loath to give his credit
card information over the Internet. The apprehensions were obvious. What if
someone siphoned off his credit card number? In the end, his fears won and
he did not buy the book. A couple of years later, I too find myself in dire
need of buying few books from Amazon.com. I consulted an old gentlemen and
a mentor to me about the efficacy of the idea. He was quite upbeat about the
idea and said his experience was overall quite good. He had once ordered books
from Amazon, which unfortunately took a very long time to get delivered. When
the shipment did not arrive even after an inordinate delay, my friend informed
the vendor, who promptly dispatched the shipment once again. After few days,
my friend had two copies of all the books he had ordered. When the vendor
was informed about this, a reply came that both the orders be kept, as it
was not economically viable to return the books back to US. In summary, the
dealing was based on trust and the experience was overall quite satisfactory.
I too, spurred by his experiences, brought books from Amazon without any
problems. Just that I used dollar cheque instead of credit card. Some more
time passed and my penchant to surf the Internet brought me to Fabmart.com
(meaning "fabulous mart"). I did hunt for books and put them in a shopping
cart. However, I did not bother to buy them. Some six months later, I landed
on the site once again, only to see my account still there and the shopping
cart intact having the books I had collected months ago. Finally, I mustered
enough courage to give my credit card number, and everything went fine. For
net transactions, apart from the customary credit card number and expiry
date, the vendors do seek a 3-digit number that is printed adjacent to the
main number on the card. This number does not appear when the card is swiped,
thereby providing an additional level of security. The transaction went smoothly
and all the books arrived in around a week's time. Now, apart from credit
card, there are various other options like cheques, bank drafts and direct
payment from bank account (using ICICI's Infinity and HDFC's netbanking facility).Since
then, I have brought books and cassettes worth more than six thousand rupees
of. My membership level (akin to the the frequent flier status in aviation
industry) has been elevated from silver to gold, whereby I get additional
reward points. The elevation also gave me 100 bonus points, each point being
worth a rupee. The good part of the reward program is that it is simple.
In most cases, I find the points having no relationship with money, thereby
confusing the customer. In Fabmart, however, rules are simple. 1 point is
1 rupee. The points are redeemable at the site itself. Apart from the reward
points, I have often found that when orders are shipped, the bill comes with
a small surprise. It says "You have saved XYZ on this order". The XYZ is
an additional discount offered by the vendor after the order is placed. This
discount is then credited to the account of the customer. In normal circumstances
too, Fabmart offers discount ranging from 0% to 25%. The surprises are over
and above that. In last few years, Fabmart has made rapid progress. It now
offers hosts of goods, which include books, cassettes, music videos, watches,
Jewelry, computers and accessories, Internet connections, and even groceries
(which is shipped to certain areas only). While prices are competitive, the
quality of goods is generally good. While I wonder whether people opt for
purchase of durables like computers over the Internet, the market for books
and cassettes is really large. The obvious proof being that there are at
least half a dozen sites, including SIFY mall, Indiatimes, FirstandSecond,
selling these items.They key to success in e-tailing business is that customers
trust should never be betrayed. Moreover, his/her words should be accorded
the greatest importance. Like in the case of my friend's purchase from Amazon,
the small gesture from the vendor reinforced my friend's faith in e-purchase,
thereby motivating others to choose that option without any fear. The reason
for this is that the items are not visible to the customer till the payment
has been made and items are shipped. A dubious vendor may ship poor quality
goods and the customer is then forced to live with it. As a good business
practice, the vendor should not ship such goods. In the remote case such omission
does occur, a support system should be in place whereby defective items can
be replaced or can be shipped again. Another important aspect of e-tailing
is customer care. In fact, as brand differentiation diminishes, a good customer
care becomes one of the key USPs of a company. In this regard, Fabmart, like
most others provides an efficient email based customer care. The telephonic
option exists, but that implies making an STD to Bangalore. However, in most
cases, the email option is suffice. Earlier, a live chat facility existed
at Fabmart. That facility, however, has now been stopped.
In general, my experience with Fabmart has been quite good, as I have never
received a defective shipment. The customer care too has been prompt and efficient.
There has been just once exception when I lodged a complaint regarding incorrect
calculation of reward points and the customer care executive gave a rude
email response stating that the calculations were correct. The response left
me flabbergasted as I held high regards for the company. However, the matter
was set straight when a week later, I received another email. The vendor
sought apologies for the previous response and accepted the mistake. The
reward history was later corrected and I found around 200 reward points in
my account, which allowed me to do shopping worth that amount totally free.
However, the same cannot be said for another e-tailing site, which I would
not like to name. I ordered a book, 'Coolie', by Mulk Raj Anand from that
site. When I received the order, it turned out to be the critical study of
the book by Ramji Lal. The mistake was repeated with another book by Mulk
Raj Anand. My attempts to get the book replaced were in vain and the two critical
study still lie in my drawer, being of no use. The same vendor also sponsors
a quiz, in which I was lucky to be a winner, a couple of times. There too,
my experience was not very good. While the vendor claimed a collection of
millions of books, the winners of the quiz could buy only from a accelerated
delivery store that contained the most pathetic collection of books including
strange titles like "Harvesting in Israel". In that pathetic collection, I
did manage to order three books. However, even after one month, I did not
receive any books. In a fit of anger, I emailed the vendor lambasting it that
it should immediately get out of the business of sponsoring quizzes and that
the whole process was a sham. The vitriolic mail got a polite reply stating
that "The vendor appreciated my patience and the books would be dispatched
soon." The polite reply was definitely a saving grace. Within four days, I
received the books. For once I appreciated the fact that the customer had
won a battle, the several losses notwithstanding.