What is shopping in a French market like?

How do online shopping sites like myntra make so much profit after selling the products at rates less than the market ?

• They almost everyday give discounts. How do they make this possible. What is the logic behind this?

• Answer:

  seems many are ignorant here. Let me enlighten you. myntra, flipkart , snapdeal etc are all online companies. They work on the basis of volume and not margin. all the products that they sell are variable income for them.and they do not sell on loss. the reason for this being its a B2C (business to consumer) , they eliminte the channel of distribution. think of it as how whole salers sell at a discounted price. coming to the question of HUGE profits.... all the indian e-retailers are loss making ventures (because of fhuge fixed costs like warehouse, technology etc). kindly check their annual report for further details. even Amazon was in loss for past 17 years, it has recently started making profits and even so, its total is in LOSS. if you need further details mail me.