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A worldwide domination of Ecommerce in India businesses forming in the shadows of today’s Indian culture. 2014 will be one of the greatest year for many
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Entrepreneurs,
Franchise owners and
Smart Thinkers who Take Action Now…
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Ecommerce in India (http://online-franchiseindia.empowernetwork.com/blog/ecommerce-in-india)
Posted by Reaz X (http://www.empowernetwork.com/profile/viponly) on January 13, 2014
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Ecommerce in India is growing fast with
power. You have to be in to win the game of
ecommerce in India.
A worldwide domination of Ecommerce in India businesses forming in the shadows of
today’s Indian culture. 2014 will be one of the greatest year for many
Opportunity Seekers,
Entrepreneurs,
Franchise owners and
Smart Thinkers who Take Action Now. Find out why here.
But
What’s the #1 problem facing Indian startup?
Leaders always reveal themselves, and you’ve come to the right place.
Find out why ecommerce in India boom is rocketing up and why some struggle badly.
“Between November 2012 and April 2013, 136 e-commerce start-ups folded,
according to data collected by Ashish Sinha, who runs the website NextBigWhat.com.”
However surprisingly only the top 2-3 ecommerce firms are thriving but the rest are
surviving with 12-14 months of cash and therefore dire need of capital.
Sounds scary if you tell me! You have a constant worry day and night HOW you will
3. break free and live a wealthy and healthy lifestyle. You started this so to be
financially free, time free, worry free......
as we all have one common goal in biz; that is to Make Money. Period. Mukul singhal,
vice-president of SAIF Partners actually said this. Not me.
He also added the fact that ecommerce in India is a “capital-intensive business and
profitability takes time because of infrastructure issues, logistics costs and early-stage
competition.”
You started an online Ecommerce in India biz to Make Money. To support your family,
your needs or even a passion to help others. But there is an
easy route to all this logistics cost, issues and competition or overcoming completely.
Exciting, compelling and clear-cut. I get to that in a sec.
“E-commerce in India is a game of the biggies who will continue to raise follow-on
rounds. Category leaders are more or less identified. In the large, horizontal play, we
will see a few firms emerging as leaders, while in the niche segment there could be
multiple leaders,” said Deepak Srinath, director at Allegro Capital Advisors, an
investment bank. “We will see natural death or another wave of M&A in this space.”
Sounds Harsh doesn’t it. Damn!
Only the few top rated people who are committed to their success in their niche will
come out victorious as a leader. But rest of us are just followers or onlookers.
Back in my university days, I was so desperate to start up a small biz.
Initially I had the idea of selling big brand perfumes. Young people like me love their
fragrances and everyday going to lectures smelling like rich and famous!
And yes girls goin nuts!
It’s like a habit some people enjoy and some don’t. So whilst juggling through my
dissertation project as well as influx of essays after essays submitting, I was so
busy going through lists of cheap wholesalers.
4. Asked a friend to help out, but that was useless because he was a just helpless.
"TIP: only recruit qualified talented people to your business!! Learnt my lessons"
Just passing on gold nuggets.
After weeks and months pass on, I was burnt out. I was so close on
finally closing a deal with this pretty expensive wholesaler.............. but
luckily I did not fall for it.
I remember telling myself “there must be an easy way of selling” perfumes like
online rather than actual real physical outlet. I thought to myself like the use of mobile
phones where people browse sites all day long.
That was back in early 2010, where I did not knew what an app was!!
Look yar I did not even have a smart phone then. I was like living a ‘rich outside poor
inside’ type guy!
Funny how life has changed so quick.
Some big facts I stumbled on, a clear proof where 2014 is heading towards:
e-commerce in India market is growing at an average rate of 34% since 2009 and is
already expected to pass $13 billion by the end of 2013, according to the KPMG-IAMAI
report. Also a huge online travel segment contributing 71% of the total consumer ecommerce transactions. Online retail is booming as it is the fastest growing segment
contributing 16% of the overall transactions as of 2012.
Get Inspired.
Those figures just hit me hard. I just thought 2014 will be the greatest year of my life.
Do you like to know why and how you can be part of this exciting revolution?
5. I realized I can see the future. What’s coming in time as All of us evolve through
the first month of the year, I am celebrating success.
No hype no b.s....it’s for the taking.
Even a slice of golden pie is good!
But before,
you know why people opt in to buying online?
Same reasons you’re thinking of that are discounts, cheaper prices, convenience and
accessibility. Nearly two-thirds of people buying online due to the cheaper prices and
discounts.
Ecommerce in India is promising to be a game changer for all of us.
Even the little guy in the rural village is ready to startup an online biz.
Shocking as it sounds, you still question
HOW? Simple
Ok imagine you want be India’s first profitable e-commerce company and its
largest mobile commerce company. Think of any big companies in that field
like the recent giant Snapdeal.
Now imagine you started up this yourself from scratch. Let’s just get real here,
if you were to do something on that scale, you need to look hard at a
untapped market that needs filling.
You need to fulfil a strong need for a person. Unfortunately not everyone is like
Kunal Bahl (cofounder of Snapdeal).
Many people are typical Joe who just want to make ends meet. That is
perfectly fine. Nothing wrong in that.
6. But sometimes we need to open, uncover and s-t-r-e-t-c-h our minds as far as to the
edge of the universe.
Think Big.
Last night, I was imagining myself what I would do in my new $Million dollar mansion,
secluded in the woods with long driveway,
gather all my friends and families for hangouts,
even bring some over from my country.
I was brain storming new, unique & secret ways of putting across my 2014 aim of
attaining my dream, every little thing.
A personalized plan.
A roadmap for Visionary people like you carefully reading this right now.
But there is something better. A Powerful opportunity open for the
smart thinkers who can
smell a successful fragrance handed over to them.
Ready to make the brave leap forward and unlock abundance for themselves and
others around them. That is success.
Regardless of your background, colour, race, gender, religion, how fat or sexy you are,
whatever.....
I believe in you. Because you’re worth it.
As Ecommerce in India businesses starting up just as you are reading this right now,
more and more educated middle class Indians like you, are looking at new ways of
doing business online without the need to sell a physical item.
Welcome to The new digital Economy of India.
Well.....it’s been going on for a little while but 2014 is a BIG Year for all.
7. India is #3 in the world in terms of number of internet users, just behind the US and
China. India’s exploding digital economy is the reason why one should invest his/her
startup effort in 2014.
Figuring out how to safely position yourself above the marketplace (competition) is
crucial in
this new age game. I learnt the hard way, so you don’t make the same mistakes. Take
a peak here (http://online-franchise-india.empowernetwork.com/positioning)for
encouragement.
No need for the brains of the Silicon Valley startup. Average educated Mumbai who
can use a simple computer and browse the internet to purchase a pair of ‘CK socks’ or
‘34g bra’ then you are shockingly in business my friend.
Now you’re waiting for the HOW part.
I read an interesting article on “TheTimesofIndia”, simply put it, Online marketplace,
Shop Clues are utilising cheaper and measurable digital campaigns instead of
expensive traditional advertisements. Improving its efficiency across customer
transaction and overall marketing objective.
Simple Digital campaigns through diverse form of online advertisement from powerful
proven banners to awesome mind-twisting videos.
btw mobile is a big driving force. It is said over the next 24 months, three-fourths of
online orders will be placed on a mobile. Are you getting the picture here? I hope so.
Remember at the beginning we learned that there were horrible infrastructure issues,
logistics costs and early-stage competition, as they say. Well digital products are an
alternative solution to a complicated online Ecommerce in India.
Imagine you get rid of ALL obstacles like the above and generate substantial money in
short period of time through the secret wonders of the digital economy.
Let me answer our critical question set above at the beginning as to what the #1
problem facing Indian startup.
Digital Ecommerce in India is easy.
I mean digital products with no inventory/stocks to take care of.
However the sad reality is finding/acquiring the right talent becomes challenging. We
Asians are raised up with the mentality of going to school, then graduating of
university, then getting our foot onto the career Ladder by joining a ‘big brand’ and
earning a healthy relaxed income. Then the sweet couple live happily ever after. The
End.
8. This obviously has the benefit of job security and socially valuable than with starting
something up alone. Our aunties and uncles will pressure us to get a better job than
get stuck with a startup.
Well it’s not your fault. I Accept the truth.
Technological advancement meant Society is changing rapidly. Life in 1950s was
drastically different to living now in 2014. You got Facebook J !!! Well there’s more.
Our mindset is accepting the fact that we are better off in the comfort zone. Many of
us are scared of risk taking or better way of saying ‘NOT accepting a failure’. Failure is
good. Don’t take my word. Do your research if so.
You can earn a boring living at your current job AND easily enjoy building an online
Ecommerce in India part time until you break free.
I kind of did the opposite. I gave my hope of getting a job and got stuck right in with a
community of online ecommerce that is booming worldwide. Pretty exciting & scary
risk to take on. Am still young so what’s there to lose, huh?
That’s a whole lot more crazy entrepreneurial story about me you can find out here.
So
Change of mindset shift is required. Think big in life. Think like a producer/film director
then a consumer. Producers produce valuable life entertainment while consumer
watches the entertainment. Big difference. Think big. Guarantee for instant life
satisfaction.
My best promise.
I am with a growing worldwide community of entrepreneurs of all ages, learning from
them and being part of this booming ecommerce culture is driving me to my success.
Happy Successful New Year to all
Reaz X
PS – Who else wants to Discover the Asia’s Biggest International Online Franchise To
Create 6 Figure Per Month Income? Heavy Hitter Ecommerce in India
(http://www.theprofitablehomebasedbusiness.com)
FB: Reaz X Funga (http://www.facebook.com/reaz.funga.1)
Skype: Reaz X.
Call:+4407767982119
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