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India’s homegrown e-commerce player Flipkart is now the most trusted Indian e-tailing brand, but rival Amazon offers better user experience, according to a recent study.
Overall, Flipkart and Amazon were neck and neck on RedSeer’s leadership index. While Flipkart scored 20 points, Amazon’s score stood at 18 in the most-trusted brand category.
But Amazon trumped Flipkart in user experience, found the survey based on responses of 7,500 online shoppers across 30 cities.
The survey analysed at least 30 different parameters before arriving at the rankings.
Flipkart and Amazon are locked in a fierce war for market dominance in India and continue to pump money to boost their verticals. Earlier this month, the Jeff Bezos-led firm pumped Rs 2,900 crore into Amazon Seller services, its third major capital infusion this year, to expand its local business.
Flipkart has cash a reserve of $4 billion after it raised $2.4 billion from Softbank’s Vision Fund in July.
(This article was originally published on BloombergQuint)
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