Information Madness

Wednesday, May 23rd

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ReviewGist.com - Indian Web 2.0 Startup on Product Reviews

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Online Shopping in India has not yet picked up its full potential yet and probably this is the right time to jump into this niche. If you have an innovative idea that touches online shopping, you might want to launch your product to get an advantage of early adopters.

I have not seen that many product review sites in India except MouthShut.com. MouthShut basically covers everything starting from a website to restaurants, hotels, airlines, car review etc. There is a special need for a review site for electronics/gadgets/digital stuff. Site that can give us Cell phone review, pda phone review, voip review, software review etc. 

Cobaan, a privately funded start-up based out of Gurgaon, India  has launched its first website called ReviewGist.com to focus on product reviews. ReviewGist aggregates review information for different products from various trusted review sites. The site extracts subjective opinion from these aggregated reviews. The extracted opinions are then combined together to present you the unified gist. Furthermore, these opinions are also rated to give you aggregate rankings. 

Here is what I think about the site. First of all I am assuming that they are planning to focus on the Indian market. If not, they are competing against quite a huge market where there is CNet reviews, epinions, ConsumerSearch.com and many more. If their focus is only on Indian market, it might bring them into probably top 10 websites that gives products reviews.

Now comes the reviews and price list. It surprised me that they are showing prices from sites that are outside India and the prices are shown in USD. While fetching reviews from different sources (outside India) still can make sense for Indian consumers, it would have been better if they could show the prices from Indian online shopping portals like BigBazaar, Sify Shopping, Rediff etc. Ultimately the Indian consumer is going to buy a product from the sites that operate within India.

So I am consfused about their focus. Do they really want to go global or they want to be local and be on top?

Tags: {technotags keywords="ReviewGist|Reviews|Product+Reviews|India+Reviews"}{/technotags}

 


Comments (3)

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    • 0
    • 0
    Rajiv Unnikrishnan
    Hi,

    We have started a Free Video Classifieds and review site Adhysteria.com

    There are a number of sites doing free classifieds but none giving the option of free video classifieds.

    There is huge potential for video eg. selling as apartment via video, selling a used car, video resumes, video portfolios.

    Let me know what you'll think.
    • 0
    • 0
    Information Madness
    @Jyothirmayee,
    Thanks for the clarification. I appreciate your time and comment. Wish you good luck with your product
    • 0
    • 0
    Jyothirmayee
    Glad to see your post. I would like to clarify your doubts on positioning and country specific focus.

    We want to help consumers make informed buying decision. Our focus is more to answer "What to buy" than 'Where to buy' and through a "quick yet deep & transparent decision making process" which is our differentiating factor.

    Our current product catalog is more US centric. As you mentioned Indian, in fact consumers from most English speaking countries can benefit from it. We do want to enhance it along with prices to cater to Indian consumers as we evolve and as online retail grows in India

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