These days, quite a lot Daily Deals website selling products like Fashionandyou.com, (Origin-NCR Nov2009) Bindaasbargain (origin- NCR) and 123Loot.com (Origin-(Mumbai)- (Both started end of 2009) 24hoursloot( Origin- Pune)-(Started in Feb 2010), Aajkacatch.com( Hyd based started in Mar-April 2010) and now I came to know about another Daily Deal site lootmore.com( Hyd based started in May 2010) from a facebook frd of mine.

The oldest and Best one is Fashionandyou.com. Their look and feel is rich and awesome, the product presentation is superb, Social networking quotient is awesome( 1.7 Lakh people in Facebook), responsive customer service.They have spent on PR. The only bad thing is that they deal only in Branded fashion, clothing ,decor and style related items and the delivery takes almost 3-4 weeks since they don’t stock and all products are as per their customer orders. This makes gifting difficult.the worst part is that you can buy only on invitation and the good part is if you invite, you get Rs.1000 on first purchase of your friend. I am wating for a friend who can invite me.
Also it seems they have a VC funding like mydala.com . No doubt they spent money where it is required.
Pro: Absolutely rich looking website, choice from a large variety of the same brand and deals exist between 24 -72 hours.
Cons: No electronics & gadgets, Delivery time and restricted membership.

In terms of concept all but fashionandyou.com have copied http://www.woot.com

But in terms of creativity, Bindaasbargain.com have copied woot.com to a large extent (even the deal stats- the only difference is that woot tells who is the last buyer, how much qty sold in case of sold out and bindaasbargain.com doesn’t show that) but unlike woot.com, Bindaasbargain majorly sells non-branded stuff.
One of my frds purchased a photoframe from BB. The delivery was quite prompt(3-4 days). Guess BB imports their stuff and stocks it. The only problem is saw in BB was 90% of all products are priced Rs.149 -400 and so even if I save, I am not sure, how much will i save in a month/ year?

The sad part is that BB as well as Lootmore seems to have copied the style and words from woot.com and could not show any creativity of their own. It’s pity.

Pro: Fast Delivery and Discussion forum and seems to have a responsive customer service.
Con: Need to do more brands and show more creativity rather than copying woot majorly.

Even 123Loot.com has same concept, but 123Loot deals mostly in brands … Seems rigid about brands and does not do any cheaper priced products. I am guessing that 123Loot are doing good by the no. of brands like Samsung, Panasonic, Asus, Philips etc. that are appearing on the site and as a general consumer comparing the product vis-a-vis pricing on other websites was very easy on google. but the look was more formal e-commercey type of website. Once I recd their SMS to check their website. Guess 123Loot.com are majorly promoting their website through SMS – I got their SMS stating that their savings is averaging 33% on Branded products… That’s cool but their Facebook is nos. are not improving. Guess they don’t believe in Social networking…Anti-Social networking deal of the day website.

Pro:123Loot sell only branded stuff and saving seems good on brands.
Cons: Seems Rigid about Brands ,no discussion forum and does not let buy more than 1.

24hoursloot being an affiliate website of Pringoo.com has just Tees on daily deals but I am not sure that how people buy t-shirts everyday??? Guess what? I made “anti-24hoursloot” comment in their website and I immd. got barred from their facebook page as well as their page. Its really strange!!! I promise, I won’t ever buy from them.
Pro: Cheaper T-Shirts and affiliate of pringoo.
Con: Bad Social Networking manners and can’t accept criticism.

Aajkacatch.com, seems quite amateurish and sidey website.

Can’t comment on the quality of service or goods of Lootmore.com

FYI, we have comment form on our site, where anyone can comment anything and if you go through that then you may find some criticism as well. We could have omitted them, but no, we love to have them, as they help us in improvement.

I never said that you store CC information. Do only consider CC information to be Private and sensible data? What about email address, what about mobile number, what about Address? Are they not of any of your concern? They are certainly not transmitted over a secured network. I may not be a geek but I at least know this much. The page on which the buyer enters these details should also be secure. This is a basic www norm world wide. Check any sensible site on the www and you will realize that they are all secured.

Nice to hear that you are competing and you have competitors. If there is competition we Indians will benefit from it. If you can not take criticism, its your problem. You can probably take feedback from the end users and try to improve your site and not defend something which is wrong.

God Bless you!

I guess you may have not visited our site thoroughly or have very poor technical knowledge. We do not keep customer’s credit card information with us. And there is no “Use account” system exist at our website, where user needs to fill out his/her personal information to join. We are the only e-commerce site (as we know), which does not ask user to open the account to buy an item or post comment on the product.

For payment users are taken to the secure payment gateway of EBS and Paypal. And it is 128bit secured.

Please read carefully our statement on the faq page:

“24hoursLoot does not store your credit card information at anytime to protect the customers to the fullest extent. We have 128 bit SSL during the payment process to make sure a safe data transmission over the network”

As far as worsening of e-commerce situation is concern, we know very well what we are doing. And worsening is due to you guys who just know to twist the story and present in a bad manner. I feel pity about you.

We know you do not have enough courage to post the comment with your identity, because you may be one of our competitor or may be envy of what we are doing. Shame on you and please don’t preach others.

Best of luck 24HoursLoot too!

We have 100% money back guarantee for 15 days and guess what “No question asked”. So hopefully that gives you a peace of mind of buying stuffs at 24hoursLoot.com

Zappos sells shoes and many similar items that you mentioned, people would like to try before they buy (Yes I heard that is US, not India). Because of their customer service and “catch-free” return policy, they are doing good business and built customer’s confidence. So we are trying to do the same here in India. Take your money back in 15days if you are not satisfied. We are so sure about the quality of our product that we know that dissatisfaction will be very rare case at 24hoursloot. Give a try and share your experience please. As you said pretty cheap t-shirt today, you can take the risk can’t you?

Regarding missing an item, as I mentioned above

Make sure you join our Facebook fan page as well as follow us on twitter where we disclose the next releasing item 1 hour in advance so that you do not need to wait till midnight and you don’t miss to buy an item before it gets sold out. Read here http://www.24hoursloot.com/faqs#q2

Make sure you join our Facebook fan page as well as follow us on twitter where we disclose the next releasing item 1 hour in advance so that you do not need to wait till midnight and you don’t miss to buy an item before it gets sold out. Read here http://www.24hoursloot.com/faqs#q2

Further you can read it in feedburner.

We will try to come up with cool stuffs. However demand needs to justify the volume and hence pricing. However, we are here to experiment this model and see how Indian consumers behave and take this to the next level.
FYI, 24hoursloot is no way associated with pringOO as far as the operation is concerned.

Stay tuned.
Jai

Also i miss the loot of 1 TB HDD for 4200

Hopefully they will sell some real stuff. So that people can actually compare the retail prices and their prices. The t-shirt quote contest and the current product looks as if they will sell only t-shirts or stuff they are already selling on pringoo.

Everything else looks just fine. Only now the product they bring will be the real decider. People are ready to buy, give them something to buyable.