Myntra's app-only dream is dead; to relaunch desktop website on June 1

In May 2015 Myntra had shut off its mobile and desktop websites

Myntra’s app-only dream is dead; to relaunch desktop website on June 1
An employee works inside the office of Myntra in Bengaluru, India. Photo: Reuters
Alnoor Peermohamed Bengaluru
Last Updated : May 04 2016 | 7:43 AM IST
India’s largest fashion portal, Myntra, will re-launch its desktop website on June 1, officially ending its plan of turning into an app-only marketplace. The move comes after a top-level management change, including the exits of Myntra founder Mukesh Bansal and Chief Product Officer Punit Soni, who were driving the app-only strategy at parent Flipkart.

Myntra, which re-launched its mobile website in February, was facing immense pressure from its users to bring back its web presence. The Mint reported on its website that the company said it expected 15-20 per cent of its sales to come from the web, highlighting the demand for being able to access the marketplace on the desktop.

“We found that while a majority of the growth is driven by mobile, the volume of users on desktop hasn’t decreased. We’ve launched a number of new categories such as home furnishing and (fine) jewellery where customers want to see products on a larger screen,” said Ananth Narayanan, chief executive of Myntra, said.

Flipkart, which owns Myntra, used the platform as a way to test the waters for becoming an app-only marketplace, which had several upsides in terms of user retention and personalised targeting. In May 2015, when Myntra shut off its mobile and desktop websites, Sachin Bansal, the then chief executive of Flipkart, said it was only a matter of time before the parent marketplace followed suit.

The move was criticised by several analysts, competitors and users, yet Flipkart went ahead and shut down its own mobile web presence, citing a sub-par experience when compared to the app. At the time of shutting down its web presence, Myntra had noted that it could see some attrition in the short term, but with the way things have turned out, it seems that growth never came.

“It is part of the Myntra culture to try bold things. We tried to do this last year because we thought we can offer consumers a much better experience on the mobile. While that is still true that the mobile experience is far superior to the web, we have recognised that some consumers still want the option to shop on the web we’re humble enough to listen to our customers,” he added.

Flipkart’s star hire from Silicon Valley, Punit Soni, who had played an instrumental part in Motorola’s revival under Google and was brought in to transition the two marketplaces to app-only entities, quit last month. His exit further gave wings to the idea that Flipkart was giving up on its mobile-only strategy.

While the true scale of damage isn’t known, Flipkart’s investors did seem to back the idea of an app-only marketplace. Naspers had estimated that the company had 50 million monthly active users, nearly three times that of its rivals Amazon and Snapdeal. The Flipkart app was also the first Indian mobile app to cross the 50 million installs mark on Google’s Play Store.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2016 | 7:27 AM IST

Next Story