Ecommerce companies in India have grown enormously over the past few decades due to the worldwide availability of supply chains, logistics, and Internet facilities. Small businesses can now compete with larger enterprises and reach a wider audience thanks to e-commerce firms. They can establish an online shop, use e-commerce platforms to sell their goods, and use the same finance and customer service options as bigger businesses. Top 10 Ecommerce Companies in India Below is the best ecommerce business list: 1. Amazon Amazon is among the top e-commerce companies in India. In June 2013, Amazon India , a division of the international retail behemoth, initially welcomed customers from India. Amazon focuses on providing the best-class service to its customers. Fast same-day and overnight shipping that caters to today’s frequent customers is synonymous with the brand. Many in-demand businesses, like Xiaomi and Apple, use it as their platform of choice to introduce the newest...
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In india there e-commerce work
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In india the e-commerce work
India had an internet users base of about 354 million as of June 2015 and is expected to cross 500 million in 2016. Despite being the second-largest user base in world, only behind China (650 million, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54 M, 81%), but is growing at an unprecedented rate, adding around 6 million new entrants every month. The industry consensus is that growth is at an inflection point.
In India, cash on delivery is the most preferred payment method, accumulating 75% of the e-retail activities.[5] Demand for international consumer products (including long-tail items) is growing much faster than in-country supply from authorized distributors and e-commerce offerings.
In 2015, the largest e-commerce companies in India were Flipkart, Snapdeal, Amazon India, and Paytm.
India's e-commerce market was worth about $3.9 billion in 2009, it
went up to $12.6 billion in 2013. In 2013, the e-retail segment was
worth US$2.3 billion. About 70% of India's e-commerce market is travel
related.
According to Google India, there were 35 million online shoppers in
India in 2014 Q1 and is expected to cross 100 million mark by end of
year 2016. CRAG bis-à-vis a global growth rate of 8–10%. Electronics and Apparel are the biggest categories in terms of sales.
According to a study conducted by the Internet and Mobile Association of India, the e-commerce
sector is estimated to reach Rs. 211,005 crore by December 2016. The
study also stated that online travel accounts for 61% of the e-commerce market.
According to a study done by Indian Institute of eCommerce, by 2020
India is expected to generate $100 billion online retail revenue out of
which $35 billion will be through fashion e-commerce. Online apparel
sales are set to grow four times in coming years.
India's retail market is estimated at $470 billion in 2011 and is
expected to grow to $675 Bn by 2016 and $850 billion by 2020, –
estimated CAGE of 10%..According to Forrester, the e-commerce market in India is set to grow
the fastest within the Asia-Pacific Region at a CAGR of over 57% between
2012–16.
As per "India Goes Digital", a report by Capital, the Indian e-commerce market is estimated at Rs 28,500 Crore
($6.3 billion) for the year 2011. Online travel constitutes a sizable
portion (87%) of this market today. Online travel market in India had a
growth rate of 22% over the next 4 years and reach Rs 54,800 crore
($12.2 billion) in size by 2015. Indian e-tailing industry is estimated
at Rs 3,600 crore (US$800 million) in 2011 and estimated to grow to Rs
53,000 crore ($11.8 billion) in 2015.
Overall e-commerce market had reached Rs 1,07,800 crores (US$24
billion) by the year 2015 with both online travel and e-tailing
contributing equally. Another big segment in e-commerce is mobile/DTH
recharge with nearly 1 million transactions daily by operator websites.
A new sector in e-commerce is online medicine, selling complementary
and alternative medicine or prescription medicine online. There are no
dedicated online pharmacy laws in India and it is permissible to sell
prescription medicine online with a legitimate license.
Online sales of luxury products like jewellery also increased over
the years. Most of the retail brands have also started entering into the
market and they expect at least 20% sales through online in next 2–3
years.
Infrastructure
There are many hosting companies working in India but mostof them are not suitable for e-Commerce hosting purpose, because they
are providing much less secure and threat protected shared hosting.
e-Commerce demand highly secure, stable and protected hosting.Trends are changing with some of e-Commerce companies starting to offer for hosting web stores with minimal one time costs.
India has got its own version of Cyber Monday known as Great Online Shopping Festival which started in December 2012, when Google India partnered with e-commerce companies including Flipkart, HomeShop18, Snapdeal, Indiatimes shopping and Makemytrip. "Cyber Monday" is a term coined in the USA for the Monday coming after Black Friday, which is the Friday most recent GOSF Great Online Shopping Festival was held during Dec 10 to 12, 2014.
In early June 2013, Amazon.com
launched their Amazon India marketplace without any marketing
campaigns. In July 2014, Amazon had said it will invest $2 billion (Rs
12,000 crore) in India to expand business, after its largest Indian
rival Flipkart announced $1 billion in funding. In June 2016, Amazon
agreed to invest another $3 billion to further pressure rivals Flipkart
& Snapdeal
Amazon has also entered grocery segment with its Kirana now in
bangalore and is also planning to enter in various other cities like
Delhi, Mumbai and Chennai and faces stiff competition with Indian
startups.A large proportion of traffic towards e-commerce sites is driven by
coupon sites. In July 2014, CouponChaska.com, a coupon and offers site
partnered with some of the largest Indian e-commerce sites including
Amazon and Flipkart. It provides a listing of deals from various Indian
online stores for free. Alternatively, the site offers mobile recharges
to users on each purchase. If this post is useful for you.Then like this post.
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Ecommerce companies in India have grown enormously over the past few decades due to the worldwide availability of supply chains, logistics, and Internet facilities. Small businesses can now compete with larger enterprises and reach a wider audience thanks to e-commerce firms. They can establish an online shop, use e-commerce platforms to sell their goods, and use the same finance and customer service options as bigger businesses. Top 10 Ecommerce Companies in India Below is the best ecommerce business list: 1. Amazon Amazon is among the top e-commerce companies in India. In June 2013, Amazon India , a division of the international retail behemoth, initially welcomed customers from India. Amazon focuses on providing the best-class service to its customers. Fast same-day and overnight shipping that caters to today’s frequent customers is synonymous with the brand. Many in-demand businesses, like Xiaomi and Apple, use it as their platform of choice to introduce the newest...
e-commerce industry in india:E-commerce had a standout year in 2016, when it grew in size — from $5 billion to $8 billion — and pervaded every aspect of our lives. In 2017, it will grow further and sink deeper into our lives, albeit in a different form. The industry is set to become more 'm', or mobile, than 'e' commerce. That means more users. No doubt, more users will help companies build scale, but they will embrace a few changes themselves. Here's a look at 7 key trends for the Indian e-commerce industry for the year 2016... fewer discounts in companies will go after profitable growth rather than wooing customers with deep discounts (in other words, running on losses). A bigger user base will just be the cue for companies to reduce discounts and focus on profitable growth. "Building scale won't be a challenge for the large players," says Sandeep Aggarwal, founder, Shopclues. Six of the large e-commerce players — Flipkart, Amazon India...
The fastest growing e-commerce market in the world, according to Forester, is undoubtedly India. The Indian Institute of commerce states that by 2020, India is expected to generate $100 billion online retail revenue out of which $35 billion will be through fashion e-commerce. India is tipped to reach 500 million internet users by June 2018, according to a report from the Internet and Mobile Association of India (Iambi) and Kantar IMB. That’s up from 481 million six months prior, but internet penetration in rural areas is at just 20 percent compared with 65 percent in urban India. That rush online has led some analysts to predict big gains for online retail with Morgan Stanley forecasting that 30 percent annual growth in GMT will take India’s e-commerce market to $200 billion by 2026. By the time you’re done reading this pen pushing act, someone somewhere would have completed several online transactions. A few clicks, and they’d be all set to receive t...
E-commerce is booming sector today, they also rivalry against internet giant like a google.
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