E-COMMERCE BUSINESS OPPORTUNITIES IN INDIA











E-COMMERCE BUSINESS OPPORTUNITIES IN INDIA

Online business is a place where one can sell or buy product over internet. And countries likes India is second to China only in terms of internet users. About 30 percent of its population uses the internet and it is estimated to rise rapidly. This gigantic growth gave a boost to e-commerce business opportunities in India.  

The reasons behind the growth in online shopping are:-

• Increase in internet users per year, which is due to increase in high penetration of mobile penetration in India.  
• Higher rate of use of Smart phones and higher purchase of smart phones.
• Ease of doing shopping.
• Time and mobility.  
• And higher rate of discount rates attracts customers from a lot of off-line stores.

At present the products which are getting high response are mobile and gadgets, fashion accessories and other electronic products. By encouraging the buyer to go with them.  Some of the E-commerce sites are more popular nowadays.

E-commerce business opportunities in India is higher than any other country in the world because of the fact that India is the fastest growing economy and the youngest country in the world. The purchasing capability of the population is also increasing day by day.

Most of the population, specially in small towns and cities, are becoming more tech savvy and are getting attracted to branded products. This increases the sales of the online stores. Thus inspiring the existing business firms to build up their own online platform or take the help of any existing platform like Amazon, Flipkart .

In terms of innovation or as we call it, it shows that e-commerce sector is growing more:

1) Mobile app market: Companies are focusing more on mobile apps to attract more customers to their stores.  As the fact is known to everybody that India is one of the largest smartphone users base.

2) Providing Delicious offers: Making offers which users can't refuse to take, like big billion days etc are some examples to increase sales.  

There are many more innovative ideas accumulating in this e-commerce field which promotes the scope of e-commerce business in India.  It also encourages newbie's to start E-commerce store or sell their products online. E-commerce solution providers like Nationkart are helping them make their dream come true. By providing handsome plans to make online stores and sell their products online.

WeP also have it's own e-commerce site where you can go through our products.
https://www.wepmyshop.com/

Content by:- 
Pravin Sirsat
Retail Business Unit -  Sales

Scripted by:-
Mamina Panda 
Digital Marketing Manager
Dt. 09-01-2020

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