Wednesday 31 December 2014

Back to the traditional way of purchasing?

If things go the way as expected , ecommerce is going to be smooth in India.Fears of people
reverting back to going to shops for buying things could be a possibility as news from around the globe
regarding
failed,delayed and substituted purchases are being reported.A failed computer system has
brought protests
in this Christmas time against the giants like waitrose.com and Sainsbury.

Amazon India at the top, Flipkart gets a runner up

With 42% of respondents voting ( amongst 2000 online shoppers) for Amazon India, flipkart now stays at the second spot for the most favored online shopping sites in India, according to the People’s Choice Survey conducted by cashback and coupons site CashKaro.com. Flipkart was expected to do lead the group but fell short at 40% support. For mobile purchase majority of buyers opted  Flipkart , while Amazon India was the first choice for the majority for laptop and electronic dealings.

            The big money flow into the Indian ecommerce industry is expected to continue from hereafter as the average money Indians will be spending to do online shopping is expected to rise from 6000 INR to 10000 INR in 2015 as per a study conducted by Assocham-PwC. Indian ecommerce industry, growing at a steady rate from the last 3-4 years is eyeing the US $100 billion mark by 2020. Factors affecting ranking of these online shopping sites are a benchmark for the players in 2015- Cashback and deals in the case of Amazon India

Tuesday 30 December 2014

Monday 29 December 2014

Indian online shopping to increase to 67 percent in 2015

Currently 45 million consumers are using  online purchase, for the next year it will be 65 million.
the valued $ 17 billion to $100 billion mark with in 5 years.