Comments on: Homeshop18 – Key statistics and Numbers to Know

By: Vishal

Vishal — Tue, 27 Apr 2010 08:13:44 +0000

80 % is totally base less figure, A one would have stop the business. I assume its about 20 to 25 %

By: Rajesh patel

Rajesh patel — Fri, 07 Aug 2009 13:50:03 +0000

I am intrested your dilership in rajkot so plz contect me send me emil

By: HomeShop18

HomeShop18 — Fri, 15 May 2009 05:24:26 +0000

HomeShop18 is a professionally managed company. We work on mutually agreed MOUs with our partners and our partners include some of the leading brands in the country – such as Samsung, Philips, Onida, IFB, Godrej, Whirlpool, etc. Your information about 80% returns on products shipped through the “cash on delivery” mode is wholly inaccurate. We would have stopped this shipment mode long back, as it would have made the business unviable. Insofar as break-even is concerned, we would only like you to know that this is a growth business and it is growing very well. It is a business to stay invested in and to scale up. For Network18, our business is a core investment and a business that the group strongly believes in. Finally, this business is not facing any cash crunch at all. There are many media companies and retail companies which have been badly hit by this recession, but our business is not one of them. We have held up well and grown even in these times. And most importantly, HomeShop18 has the full backing of its promoters.

By: Ravi

Ravi — Tue, 12 May 2009 10:35:27 +0000

Very Interesting business. Smart cos. realize that there is no pt. in penetrating www in India.
The TV and mobile market is big enough to fight on

By: Nitin Purswani

Nitin Purswani — Fri, 08 May 2009 19:39:37 +0000

@ Titan

“80% of their cash on delivery products are not accepted by the shopper on delivery.”

Really? So they choose to bear all the logistics loses of not-accepted product? could you please state the source of this figure.

By: Titan

Titan — Fri, 08 May 2009 14:58:59 +0000

One of their key appliances supplier is a close friend and always cribs about HomeShop18 not paying their vendors at all. They usually pay after 3 months of material delivery. 80% of their cash on delivery products are not accepted by the shopper on delivery. Their break even is quite far ahead. Like many businesses Network18 entered back in the boom time, this businesses is also facing a heavy cash crunch.

By: Viral Jani

Viral Jani — Fri, 08 May 2009 13:26:10 +0000

A runrate of 1 cr per day…which I am assuming is revenue figure…it comes to a total of 365 crore in a year..By quoting this figure I am afraid they are inviting competition in their space…because not more than 3 channels must be making more than 365 crore in a year in India!!