HomeShop18 wins E-Retailer of the Year award

HomeShop18 wins E-Retailer of the Year award

The IFA's Franchise Awards 2011 rewards organizations that have shown outstanding business acumen, passion and achievement in retailing

Tuesday, December 06, 2011

NEW DELHI, INDIA: HomeShop18, a virtual retail venture in India, has won the ‘E-Retailer of the year’ award by Star Retailer at Franchise India 2011.

This award is an acknowledgement of its role in building the scale and credibility for e-commerce business in India, said a press release.

Judged by an independent panel of experts and supported by the Indian Franchise Association (IFA), Franchise Awards 2011 rewards organizations that have shown outstanding business acumen, passion and achievement in retailing.

Receiving the award, Sundeep Malhotra, founder and CEO, HomeShop18, said, “We are gratified to receive this award and are humbled at being recognized for the efforts and initiatives that we have taken over the years for the growth of the e-commerce industry. This is a proud moment for us and we would like to take this opportunity to thank the consumers for their continued trust in HomeShop18.”

HomeShop18 has been instrumental in building the virtual retail industry in the country. With its e-commerce venture, HomeShop18.com, the company is now focusing on building a superior online shopping destination through continuous product portfolio expansions.

HomeShop18.com currently records a repeat customer rate of 30 per cent and adds a new customer every 6 seconds to the already established 6.1 CRM Base.

©CIOL Bureau