India's ecommerce market is growing rapidly despite being smaller than other Asian markets currently. It is expected to increase over five times between 2012 and 2016. While online shopping penetration is still low in India, growth is being driven by increasing investment from venture capitalists, the expansion of online grocery shopping, and the targeting of customers outside major metropolitan areas. To succeed, companies must localize their payment options, like cash on delivery which remains very popular, and address the logistical challenges of deliveries across India's diverse regions. Localization of these key areas will be necessary to capitalize on the major opportunities in India's emerging ecommerce sector.
e-commerce industry in India is going through an aggressive transformation and while it can be the sunshine sector for growth, it is imperative to understand the limitations and risks in the sector, and handle these risks effectively. Addressing these risks should be our top most priority to avoid this boom turn into a bubble. It is possible only when euphoria over virtual cash flows, imaginary cash rich P&L statements and outrageous valuations makes way for a structured growth plan across the business parks and government corridors, backed by more realistic aspirations, but of course, with the same enthusiasm
For the complete report, get in touch with us at : info@netscribes.com
Abstract:
Netscribes’ latest market research report titled e-Commerce Market in India 2014 captures the current scenario prevailing within the e-Commerce market in India. The market is mainly dominated by the online travel segment, while the online retail segment is witnessing the fastest rate of growth. Versatile shopping experience and rapid development of transaction facilities is further boosting opportunities for the remaining market segments. Even though the market is witnessing staggering growth rates, majority of the players are still facing dire shortage of funds. Raising capital funds to support daily business operations and online advertising expenses have become a major challenge for such players. Online retail operators, especially the inventory based players, are suffering from cost stack ups and charges incurred against customers opting for ‘Cash on Delivery’ mode of payment.
In an attempt to tackle these problems, players are now constantly focusing on gaining customer loyalty and trust. Some of the most prominent trends in the market in this regard include a host of loyalty schemes, promotional offers and high rate of discounts. Additionally, tweaking business models and turning into mainstream online retailers, opening up of ‘Brick and Mortar’ stores to tap the ‘offline’ customer base, opting for a ‘market place’ approach, consolidation and self owned brands are some other major trends observed so far in the market.
Coverage
• Overview of the e-Commerce market in India and forecasted market size data over 2013 to 2018
• Market Segmentation of e-Commerce by types
• Overview of the e-Commerce market in India by segments for the year 2013 and 2012
• Qualitative analysis of market drivers, challenges, trends and regulatory measures taken by the government
• Overview of the market trends and differentiating past and current business strategies
• Analysis of the competitive landscape and detailed profiles of major players
Why Buy
• Get a clear understanding of the e-Commerce market in India, market dynamics and the various stages of the value chain
• Understand the current market segmentation and future growth potential of the market in India till 2018 and plan strategies to gain from it
• Strategize marketing, market-entry, market expansion, and other business plans by understanding factors influencing growth in the market
• Understand your competitors’ business structures, strategies and prospects, and respond accordingly
• Make more informed business decisions with the help of insightful recommendations provided to succeed in the market
e-commerce industry in India is going through an aggressive transformation and while it can be the sunshine sector for growth, it is imperative to understand the limitations and risks in the sector, and handle these risks effectively. Addressing these risks should be our top most priority to avoid this boom turn into a bubble. It is possible only when euphoria over virtual cash flows, imaginary cash rich P&L statements and outrageous valuations makes way for a structured growth plan across the business parks and government corridors, backed by more realistic aspirations, but of course, with the same enthusiasm
For the complete report, get in touch with us at : info@netscribes.com
Abstract:
Netscribes’ latest market research report titled e-Commerce Market in India 2014 captures the current scenario prevailing within the e-Commerce market in India. The market is mainly dominated by the online travel segment, while the online retail segment is witnessing the fastest rate of growth. Versatile shopping experience and rapid development of transaction facilities is further boosting opportunities for the remaining market segments. Even though the market is witnessing staggering growth rates, majority of the players are still facing dire shortage of funds. Raising capital funds to support daily business operations and online advertising expenses have become a major challenge for such players. Online retail operators, especially the inventory based players, are suffering from cost stack ups and charges incurred against customers opting for ‘Cash on Delivery’ mode of payment.
In an attempt to tackle these problems, players are now constantly focusing on gaining customer loyalty and trust. Some of the most prominent trends in the market in this regard include a host of loyalty schemes, promotional offers and high rate of discounts. Additionally, tweaking business models and turning into mainstream online retailers, opening up of ‘Brick and Mortar’ stores to tap the ‘offline’ customer base, opting for a ‘market place’ approach, consolidation and self owned brands are some other major trends observed so far in the market.
Coverage
• Overview of the e-Commerce market in India and forecasted market size data over 2013 to 2018
• Market Segmentation of e-Commerce by types
• Overview of the e-Commerce market in India by segments for the year 2013 and 2012
• Qualitative analysis of market drivers, challenges, trends and regulatory measures taken by the government
• Overview of the market trends and differentiating past and current business strategies
• Analysis of the competitive landscape and detailed profiles of major players
Why Buy
• Get a clear understanding of the e-Commerce market in India, market dynamics and the various stages of the value chain
• Understand the current market segmentation and future growth potential of the market in India till 2018 and plan strategies to gain from it
• Strategize marketing, market-entry, market expansion, and other business plans by understanding factors influencing growth in the market
• Understand your competitors’ business structures, strategies and prospects, and respond accordingly
• Make more informed business decisions with the help of insightful recommendations provided to succeed in the market
With 20% of the Indians connected over internet and Smartphones, there has not been a more exciting and challenging time in the history of Indian retail.
Consumer is moving ahead of time and with multiple avenues of shopping - be it online, social or mobile - customers have been spoilt for choice.
With millions of Indian buying online and billions of $ of investment pumped in, pure play online retail companies are changing the retail game! An industry which was not even existing 5 years back will clock $4 Billion revenues by end of 2014!
The global e-commerce business generated revenue worth USD 1,042.98 in 2012 and is anticipated to clock a turnover of USD 2,148 billion by 2017, with year-on-year growth rate of 17 percent.
The project analyses the mergers and acquisitions that have happened in the e-commerce industry and tries to comment on whether the valuations are justified. It also discusses the sustainability of the current discount model the industry is following.
Why is India eCommerce Booming? Here's the answer by Brad Curtis, Director of Sales & Strategic Accounts at eZdia and why he thinks India is now ready to take the eCommerce world by storm. #ecommerce #India
Will the e-commerce success make the ride rough for Indian brick and mortar retailers ? or will it be the much needed shot in the arm for Indian Retail ?
With 20% of the Indians connected over internet and Smartphones, there has not been a more exciting and challenging time in the history of Indian retail.
Consumer is moving ahead of time and with multiple avenues of shopping - be it online, social or mobile - customers have been spoilt for choice.
With millions of Indian buying online and billions of $ of investment pumped in, pure play online retail companies are changing the retail game! An industry which was not even existing 5 years back will clock $4 Billion revenues by end of 2014!
The global e-commerce business generated revenue worth USD 1,042.98 in 2012 and is anticipated to clock a turnover of USD 2,148 billion by 2017, with year-on-year growth rate of 17 percent.
The project analyses the mergers and acquisitions that have happened in the e-commerce industry and tries to comment on whether the valuations are justified. It also discusses the sustainability of the current discount model the industry is following.
Why is India eCommerce Booming? Here's the answer by Brad Curtis, Director of Sales & Strategic Accounts at eZdia and why he thinks India is now ready to take the eCommerce world by storm. #ecommerce #India
Will the e-commerce success make the ride rough for Indian brick and mortar retailers ? or will it be the much needed shot in the arm for Indian Retail ?
CASE STUDY ON GROWING SAGA OF E – COMMERCE GIANT SNAPDEAL IN INDIA WITH SPECI...VARUN KESAVAN
India has an internet user base of about 243.2 million as of January 2014.[1][2] Despite being third largest user base in world, the penetration of Internet is low compared to markets like the United States, United Kingdom or France but is growing much faster, adding around 6 million new entrants every month.[3] The industry consensus is that growth is at an inflection point.[4]
In India, cash on delivery is the most preferred payment method, accumulating 75% of the e-retail activities.[5] Demand for international consumer products (including long-tail items) is growing much faster than in-country supply from authorised distributors and e-commerce offerings.
As of Q1 2015, seven Indian e-commerce companies have managed to achieve billion-dollar valuation. Namely, Flipkart, Snapdeal, InMobi, PosterGuy,[6] Quikr,OlaCabs, and Paytm (wing of, One97).[7]
Research on Ecommerce opportunities in India. A report on,
1. Ecommerce market in India.
2. Organises and unorganised businesses
3. Existing players and their market share
4. Opportunities in India to start the Ecommerce business
5. Key parameters
6. Suggestions - Action plan
E-commerce or Electronic commerce, is the purchasing, selling and exchanging of goods and services over computer network. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business
Como o e commerce no brasil pode aprender com os bricsE-Commerce Brasil
Zia Daniell Wigder, VP e Research Director, Global E-Commerce da Forrester Research fala sobre "Como o e-commerce no brasil pode aprender com os BRICS" no Congresso de Search e Vendas 2014 - E-Commerce Brasil
Emerging trends in E-tailing: A novel perspectiveBella Meraki
E-tailing (or electronic retailing) is the selling of retail goods on the Internet. It is the most common form of business-to-consumer (B2C) transaction. Now it has become the new shopping method. When most of the consumers spend more time for social meetings, entertainments and other recreational activities, there is hardly any time for physical shopping. E-tailing sites provides exclusive feature which no other retail outlets can offer and makes the customer shopping experience new and worthwhile.
Growth Story of Online Retailing & E-Commerce in IndiaRHIMRJ Journal
On 14 September 2014 business standard has highlighted that “Cash may no longer be king”. Growth in
transactions has happened on the back of a huge network expansion from 98074 ATM in May 2012 to 164491 now. In the
same period the number of POS terminals, too, jumped from 671834 to over a million now. The Indian Online Retail is a rich
segment waiting to be exploited. Internet is a potent medium that can serve as a unique platform for the growth of retail brands
in India. The medium holds many virtues favorable for the retail industry including a higher customer penetration, increased
visibility, and convenient operations. The current web-based models for e-tailing are part of an embryonic phase preceding an
era of rapid transformation, challenge, and opportunity in Indian retail market. The Indian retail market is witnessing a
revolution. The growth of internet has enabled the new retail format of the virtual retailer to emerge and forced the existing
retailers to consider e-tailing model of retailing as well.
Similar to Forrester trends in_indian_e-commerce market (20)
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2. FOR: eBusiness
and Channel
strategy
Professionals
Trends In India’s eCommerce Market
by Zia daniell Wigder and Manish Bahl, August 13, 2012
Key TaKeaWays
eCommerce in india is Growing Quickly
The eCommerce market in India is smaller than in other markets that Forrester
forecasts in Asia, but it is growing the fastest. Retailers have a sizeable opportunity
as the online population starts to spend more and buy more frequently online.
Today’s online shopper in india has inflated expectations
Similar to retailers in most emerging eCommerce markets, retailers in India are
doing whatever is necessary to drive consumers to shop online. Online shoppers
expect to see good deals online accompanied by free or very low-cost shipping.
Localization is Crucial
To be successful online in India, eBusiness professionals must understand local
eCommerce trends. Two key areas that companies must focus on in all markets -localized payment and fulfillment options -- are particularly essential in India.
Forrester Research, Inc., 60 Acorn Park drive, Cambridge, MA 02140 UsA
Tel: +1 617.613.6000 | Fax: +1 617.613.5000 | www.forrester.com
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consumer behavior.
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To find out how Forrester Research can help you be successful every day, please
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Responsible for building a multichannel sales and service strategy,
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ERIC CHANG, client persona representing eBusiness & Channel Strategy Professionals
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15. About ASSOCHAM
ASSOCHAM acknowledged as Knowledge Chamber of India has emerged as a
forceful, pro-active, effective and forward looking institution playing its role as
acatalyst between the Government and Industry. ASSOCHAM established in 1920
and has been successful in influencing the Government in shaping India’s economic,
trade, fiscal and social policies which will be of benefit to the trade and industry.
ASSOCHAM renders its service to over 4,00,000 members which includes
multinational companies, India’s top corporates, medium and small scale units and
Associations representing the interest of more than 400 Chambers and Trade
Associations from all over India encompassing all sectors.
ASSOCHAM has over 100 National Committees covering the entire gamut of
economic activities in India. It has been especially acknowledged as a significant
voice of Indian industry in the field of Corporate Social Responsibility, Environment
&
Safety,
Agriculture,
e-Commerce,
Corporate
Nanotechnology,
Governance,
Biotechnology,
Information
Defence,
Cyber
Technology,
Security,
Entertainment & Media, Pharmaceuticals, Telecom, Banking & Finance, Company
Law, Corporate Finance, Economic and International Affairs, Tourism, Civil Aviation,
Infrastructure, Energy
Power, Education, Legal Reforms, Real Estate, Rural
Development etc.. The Chamber has its international offices in China, Sharjah,
Moscow, UK and USA. ASSOCHAM has also signed MoU partnership with Business
Chambers in more than 75 countries.
Mr. D. S. Rawat
Secretary General
ASSOCHAM
Ph: 011-46550555
Email: d.s.rawat@assocham.com