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Yepme

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YEPME: A case study on Brand Development
"Why can't India produce the next big global fashion brand, why can't we produce an H&M" Vivek Gaur, cofounder of Yepme [1] This was the statement by cofounder of Yepme on 10th April, 2014, when Yepme went global under “Yepmeworld.com” name. After achieving significant success in Indian apparel market Yepme is planning to go global. Although when area is bigger, risks are much bigger. But only thing that can ensure their success, or at least survival is their determination and strategy. History and Background Yepme was started by three alumni of Indian Institute of Technology and Indian Institute of management, Vivek Gaur (ex Unilever), Sandeep Sharma (ex Accenture) and Anand Jadhav (ex Pantaloon) in April 2011 [2]. Vivek Gaur has experience building successful online companies like Bagittoday.com and has also held senior positions in marketing and sales with HT Media Ltd, Living Media Pvt Ltd and Hindustan Unilever Ltd.[3] Gaur has also involved in setting up outlets at MediaMart which is at the airport. Sandeep Sharma, the founder/COO and CTO, is an e-commerce, technology and operations specialist having held senior positions with Accenture, Sapient, SBI Capital Markets and HCL Technologies.[3] Anand Jadhav (president) is a merchandising and supply chain expert and has worked with leading apparel retailers including Shoppers’ Stop, Globus, Pantaloon and Reliance Trends [4]. According to an interview with Vivek on Bloomberg TV, in 2010 the founders saw a lot of opportunity in online shopping market, which was mainly dominated by online travel sectors [5]. In India, ecommerce sector was dominated by online travel business like IRCTC, MakeMyTrip etc. Then they decided to start their own business. Earlier they started business as online apparel retailer. But in August 2011, Yepme.com decided to focus on private-labelonly

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