E-Commerce Business in India
ommerce is the result of Internet revolution in the field of communication and information. It converts the traditional ways of doing business into digital ways; electronically. As the Internet brought revolution in the field of information and communication, e-commerce has brought similar revolution in the international and national fields of business transactions.
E-Commerce has become very popular. Every retailer wants to become an E-retailer and want to be a part of the E-world.
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Some of the features of e commerce process are:
- E commerce enables the companies to expand them globally. Everything can be sold on internet even if the product is for smaller markets.
- It is time saving, delivery is done at a faster rate, reduces the cost of transportation.
- There is no time constraint.
- Consumer can easily compare price and product effectively and efficiently.
- Consumer interaction with the company directly is also improved by quick feedback and comment forms.
- E commerce refers to better and quick customer services. Due to the absence of intermediaries, buying procedure is generally quicker.
- E commerce is also boosted by electronic fund transfer throughout the world.
- Because of all these features the e commerce industry in India has flourished at a high rate.
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Popular E-commerce Websites
- Amazon
- Flipkart
- Snappdeal
- Ajio
- Myntra
- eBay
- Alibaba
- Walmart
- BestBuy
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