Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Short note on the growth of e-commerce
Impact of social media on consumer purchasing decision in india
Overpopulation in india
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Short note on the growth of e-commerce
We will begin by seeing the potential market of e commerce in India. Our main purpose is to evaluate that whether E commerce has as wide a range as physical market or an area wider or shorter than that. India, with 1,270,272,105 people is the second most populous country in the world, while China is on the top with over 1,360,044,605 (1.36 billion) people. As we know people below the poverty line won’t be able to afford luxury items that are often the products sold by online shopping sites, we narrow down our search for potential buyers to the ‘above poverty line’ population. According to the data of the planning commission 22 July, 2013, said that poverty in India had declined from 37.2 percent in 2004-05 to 21.9 (approximately 22%) by 2011-12. Now the total population of India consists of 1,270,272,105 individuals and as They started by selling books and further developed their market base , wide enough to sell other products as well. Now it is a the biggest online shop that operates in India , selling a huge variety of products that range from baby care to furnishing needs. Flipkart has revolutionised the traditional online trading that existed before it emerged. Flipkart, India 's largest e-retailer, acquired the country 's biggest fashion portal Myntra, as Amazon.com Inc 's rapid expansion in the country stokes consolidation in the e-commerce industry Financial terms of the deal were not disclosed but according to anyone with knowledge of the development, but the transaction was worth about $300 million. The acquisition will give Flipkart, not just a stronger foothold in the fast-growing online fashion market, but also a fighting chance against megastores like Amazon.in . Snapdeal Snapdeal is another e commerce giant that sells multiple products , well like Flipkart and it has a wide distribution system that helps it’s products acquire a wider
As mentioned in our presentation, a small survey we conducted showed us that the main reason why people do not buy clothing online is because they are unsure of the size and quality. This showed us that the probability of someone ordering a good will increase by a significant amount, significant enough to cause a large sales increase.
Starting out as solely an online bookstore, Amazon has become the largest online retailer in the world.
o Shoes and clothing - $125 billion. o Electronics and appliances - $85 billion. o
Krishnamurthy, S. (2004). A comparative analysis of eBay and Amazon [PDF file]. Retrieved from http://faculty.washington.edu/sandeep/d/amazonebay.pdf
In light of the analysis made above; an attempt has been made construct a critical analysis of the internal and external environment which influenced eBay’s strategic decision to form acquisitions with Skype and PayPal along with its performance in eastern countries. These factors were supported through various forms of research and background reading in order to support the validity of the points raised in this report.
Competition – The biggest competitor of Amazon is EBay and all the internet retailers and suppliers as Priceline.com; Buy.com; BN.com and many more.
Print Mishra, Sita, and Mathew, Priya. " Analyzing Perceived Risks and Website Attributes in E-Retailing: A Study from India. " Journal of Internet Banking & Commerce 18.2 (2013). Print Musgrave, E. Targeting India, the next big thing? Drapers.
Mainly, for their inland stores, Xiaomi uses a company-owned distributor but for other countries such as India or South Africa, Xiaomi uses independent retailers and distributors like Amazon to list their products for purchase. This high level of indirect involvement beyond domestic territory is thought to be the reason behind why Xiaomi is involved in franchising as a company. Partnering up with companies such as Flipkart, Airtel, and the Mobile Store, Xiaomi is able to allow for their products to be sold within these companies to hold up franchise regulations and create a segmented form of organic growth. Furthermore, to secure top tier management of both stock and supply chain management, Xiaomi has begun to set up warehousing and work with companies such as CEVA, a logistics distribution company, in order to stay atop their bustling ecommerce sales and do a more stringent push towards retail
Shopping and shipping: Zappos tried to put effort to make shopping enjoyable. The Zappos website was known as the easy shopping center. Zappos provides direction that how customers improve features, plan inventory and adapt search results. Zappos was adopted simplicity, creativity, great service of inventory and distribution. Zappos provides
The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world’s fifth-largest global destination in the retail space.
One of the greatest opportunities for Amazon is an Online Payment System. The online system allows the company to reduce transaction fees and increase ease of use for their customers. Internet sales are increasing at a fast pace. This is a product of increased fuel prices, which make driving to a store less likely, and foreign purchases. This development allows foreign purchases to buy clothing as it becomes more popular abroad. Amazon’s biggest competitors can include retail stores that online stores such as Target, Best Buy, and Walmart among others, these can be considered the most dangerous for them since they have strong market share and can be a direct competitor since they attack the same market. Amazon wish to compete in prices, offering
E-commerce, a system by which people can buy, sell and deal without even seeing the person on the other side, has taken a front seat in improving the economy of countries around the world. Technology today has made it possible for monetary institutions to help locate the customers resources and help solve their problems at any given time through online banking.... ... middle of paper ... ...
As the internet has grown over the years, companies are having to adapt how they sell their products. E-commerce as taken off in recent years and with it comes a myriad of changes between sellers and buyers. While some may argue that Amazon has dominated the e-commerce playing field, they are not the only ones playing it. Alibaba is China’s equivalent to the U.S Amazon. Alibaba owns stakes in all sorts of things, but operates chiefly through three sites: Taobao, China's biggest shopping site; Tmall, which specialises on online sales of branded goods and focuses on China's fast-growing middle class; and Alibaba.com, which connects Chinese exporters with companies elsewhere in the world (Wright, 2014). Although Alibaba has been well established
Consumers who come from other cities/countries can easily buy the native and specialty goods with just a click instead of going to those cities/countries themselves. The relevant information about products can be received from any location in seconds. Study showed that 72% of online shoppers preferred surfing online than going to a retail store to obtain information about a product (Lokken et al., 2003). Online shopping also has greater price information (as cited in Solomon, 2007, p. 354).... ...
Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.