Difference between Snapdeal and Amazon

Key Difference: Snapdeal is an Indian-based company founded by entrepreneurs Kunal Bahl and Rohit Bansal in 2010. Amazon.in is an affiliate of the parent company, Amazon.com. It launched its Indian operations in 2012 with the launch of Junglee.com

 Shopping which required hours for hunting, bargaining and traveling from mall to mall are now a thing of a past with e-commerce. Shopping now means sitting comfortably at home in jammies in front of screen and clicking whatever one’s heart desires. The e-commerce industry has grown rapidly with a lot of people now opting to shop online for all their needs, including grocery items, such as fruits and vegetables.

The electronic commerce industry has become highly competitive with many companies who are willing to sell the products online, without the hassle of opening stores and dealing with customers directly. With newcomers constantly pouring in, some companies have established a comfortable marketshare. Snapdeal and Amazon are two such companies that are considered the top dogs in the e-commerce arena.

Snapdeal is an Indian-based company founded by entrepreneurs Kunal Bahl and Rohit Bansal in 2010. In the four years, the company has grown from a small start-up to a multi-billion dollar organization. It was initially started as a daily deals platform inspired by Groupon.com, but it eventually expanded into a full online marketplace by September 2011. The company is considered as one of the largest online market place in India. According to the company it operates on five core values: Innovation, Change, Openness, Ownership and Honesty.

Amazon.in is an affiliate of the parent company, Amazon.com. Amazon.com is an American electronic commerce company with headquarters in Seattle, Washington founded by Jeff Bezos. It is the biggest online retail company in the United States. Amazon.com initially began as a bookstore, but soon started delving in other products such as DVDs VHSs, CDs, etc. Following its success in the United States, the company soon expanded its operation in other countries, including India. Amazon launched its Indian operations in 2012 with the launch of Junglee.com, allowing retailers in India to advertise their products for free to millions of Indian shoppers and drive targeted traffic to their stores. Amazon.in is the website that caters to the Indian market and competes with Indian based e-commerce companies such as FlipKart and Snapdeal.

Comparison between Snapdeal and Amazon:

 

Snapdeal

Amazon

Founded

2010

1994

Founders

Kunal Bahl & Rohit Bansal

Jeff Bezos

Type

Private

Public

Industry

Internet, Online retailing

Internet

Headquarters

New Delhi, India

Seattle, Washington, U.S.

Services

Electronic commerce

Electronic commerce

Area served

India

Worldwide

Image Courtesy: claimcash.in

Image Courtesy: supplychain247.com

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