1 / 10

Future of online shopping in india

E-commerce is fast growing and it will reach many people and locations including Rural. Most of the shipping companies covering most of the locations in country and the products will delivered to most of the cities and towns.<br>Many online shopping websites like Amazon, Flipkart, Yes Genie, Myntra, Snapdeal etc. are already offering discounts on products to attract customers, and this will be another added advantage for the people to purchase it from online. Checkout the presentation for more information.

yesgenie
Télécharger la présentation

Future of online shopping in india

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Future of Online Shopping in India

  2. E-commerce is fast growing and it will reach many people and locations including Rural. Most of the shipping companies covering most of the locations in country and the products will delivered to most of the cities and towns. Some Facts: In 2018 market value of the e-commerce industry in India was approximately 55 billion U.S dollars. Indian e-Commerce market is expected to reach 94 billion US$ by 2021. 55% Online Shoppers In India Spent Rs. 10000 India to Have 100M Online Shoppers And a USD 15B

  3. Future of online Shopping and E-commerce in India We can't deny the fact that e-commerce has entered in country and is here long to stay. Even the small & medium retailers of the country are showing interest in this concept and ready to make a fortune out of the market place concept. Many online shopping websites like Amazon, Flipkart, Yes Genie, Myntra, Snapdeal etc. are already offering discounts on products to attract customers, and this will be another added advantage for the people to purchase it from online.

  4. How many people shop online in India Online shoppers in India Gender 2018 ~ 2025 Online shoppers in India reached 120 million in 2018 and are expected to reach 220 million by 2025. Male (63%), Female (37%), age group (18 to 50) with 71% respondents in the age group of (18 to 35). 2018 2025 37% 63%

  5. Sector Composition Top Online Product Categories: In terms of sector composition/product categories, consumer interest on Google search for apparels & accessories emerged as the second biggest product category after electronics. As per the research, currently, there are 1-1.2 million transactions per day in e-commerce retailing. Electronics Apparels & Accessories Home & Furnishing Baby, Beauty and Personal Care Books Others 48.00% 29.00% 9.00% 8.00% 3.00% 3.00%

  6. E-Commerce Market Size $85 bn $53 bn $35 bn $21 bn 2014 2015 2017 2020

  7. The Future of Online Shopping in India There are various factors that can influence the state of e-commerce in India. Yet, online marketers are positive about the future of e-commerce in India. In early stage online shopping was a simple medium of shopping with fewer options like users just place an order and pay cash on delivery. But, in last few years this field has been modernize to a high extent and consequently fascinated many customers. At present, the online shopping has become a trend in India and the reason behind the adoption of this technique lies in the attractive online websites, user friendly interface, bulky online stores with trending fashion, easy payment methods, no bound on quantity and quality, items selection based on size, color, price, etc. Despite being a developing nation, India has shown a notable increase in the ecommerce industry in last couple of years, thus hitting the market with a boom. However the Indian online market is far behind the US and the UK, it has been growing rapidly. Moreover, addition of discounts, offers, coupons, referral systems, 30days return policy, 1-7 days delivery, etc. in online shopping and the e-commerce market have added new flavors to the industry.

  8. Key factor for the growth of e-commerce in India? Increasing broadband/Internet and 4G penetration. Growing Living standards of middle class community. Busy lifestyles and lack of time for offline shopping. Availability of much wider product range then retailers showroom. Increased usage of online sites with more consumer buying and selling products. Expansion of the online marketplace model with websites like Flipkart, Yes Genie, Snapdeal, etc.

  9. Advantages of Online Shopping The online marketplace has a website to showcase different products and simple site navigation. A buyer can purchase a product from these sites using credit card, debit card, net banking, and electronic wallet. Buyers can compare different products and pick as per his/her choice. An online marketplace can be open 24x7, even on public holidays, so we can shop products anytime. There is no queue in the online shopping. You can buy products in a few clicks and can save time. You can avail big discount using discount coupons, codes and deals. Not every retail outlet offers a discount when you need it.

  10. Information Provided By www.yesgenie.com info@yesgenie.com Source: https://www.statista.com/ https://www.ibef.org/industry/ecommerce/infographic https://www.slideshare.net/MohanishGaikwad1/e-commerce-ecosystem https://www.techprevue.com/online-shopping-advantages-future/

More Related