Ecommerce as a supplement for industry

“We watch our competitors, learn from them. See the things that they were doing for customers and copy those things as much as we can.” (Jeff Bezos)

Indian ecommerce seems to rise as per a detailed analysis over international commodities bought in India via electronic medium gives an idea that 56,700 crore would be spent in the purchase of commodities all round the world. This figure will mostly likely augment almost 75% in the coming year. In India, the e-commerce market is modifying and growing hastily and in order to cope up with this rate Indian entrepreneurs are in constant struggle to innovate and deduce better than their competitors.

Global E-commerce

Global ecommerce has raised and the misconceptions of buying from other company have faded. In India, there are 10 million active users of E-shopping off them 3.8 million users are actively a part of global ecommerce and purchase products from other cross borders.

Financial technology

Financial technology can not only provide your company with an instant boost for E-commerce sector by the provision of cashless commodities such as online movie tickets, mobile wallets, payment of the utility bills. This approach has gained much insight within Indian locality. A number of mobile wallets have been customized and developed in such a manner that payments can be made easy via such applications which are either in synchrony with the other or have their own application of interest.

Paytm

Paytm one of the mobile wallets developed by Indian e-commerce departments. It has affiliated with Uber, Saavn etc. and has also segregated its mobile wallet sector into distinct wings, for the experimentation of numerous reward loyalty programs for the customers.

Hyperlocal mobile commerce

Ecosystem is systematically drifting towards hyperlocal commerce market which is steered by two aspects:

·         India, one the centralized ecommerce business industry

·         Not only online but offline ecommerce is also done to a large size

Those companies who want to enjoy the perks of E-commerce industry or want to make a sound vacancy for their grip, these companies have to devise methods which will bolster offline ecommerce in addition to online ecommerce. Aggregation of offline vendors can enable the users to get the right information for in store recommendations. This motivation is a great supplement for the e-commerce industry.

“Good merchandise, even hidden, soon finds buyers.” (Plautus)

Contact us for more info.