Sunday 23 November 2008

Reliance MoneyMall launched: Buy Financial Products Online

Anil Dhirubhai Ambani Group (ADAG) has come out with its online shopping portal, called RelianceMoneyMall and it is aimed at being a one stop online shop for all your financial products need. Reliance MoneyMall Site. Reliance MoneyMall Buy Financial Products

What all products are available for purchase at Reliance MoneyMall
You can buy Mutual Funds, Gold Coins, SMS Alert Packs for stock market related alert services, Technical Charts and Reports for getting an insight into the technical analysis of stocks, Books and Movies (again on Financial Sector - VCD/DVD are also available for tutorials), Gifts liks Soft toys, Apparels, Wallets, Shirts, etc., Home Appliances and Electronics like Mobile Phones, Consumer Electronics, laptops, etc.

Appears to be a one-stop online shop for various things - Reliance MoneyMall
Yes. Reliance MoneyMall is primarily into selling of the financial products, but it semms that they are going to extend into other areas as well. The reason might be because they may want to tap the online shopping market, which is still in nascent state in India.
FutureBazaar has launched its site for online shopping and they are also offering telephonic shopping. ADAG led Reliance MoneyMall will be a major copetitor to it. Then there is also a lot of competition for the elder brother Mukesh Ambani led Reliance Mart, which is also in Retail Shopping.

What is the process of buying through Reliance MoneyMall site
As any standard site, one has to register on the site. Select your product category and go ahead and make the payment for the items in your shopping cart.

What other partner products are available on Reliance MoneyMall?
There are all ADAG group partners as listed on their site. Reliance Capital, Reliance Money, Reliance General Insurance, Reliance Mutual Fund, Reliance Life Insurance, Microsoft and Standard are listed as the partner groups and sites. So all the insurance products, Financial Products and may be even software from Microsoft will be available for online purchase. Then, this is just the beginning. You may see a lot more items and categories which can add to the shopping list.

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