Before you will begin your online store in India you should think about the Indian shoppers and their needs.To comprehend the requirements and conduct of the buyer you have to test ? While testing you comprehend what exactally the client prerequisites and in like manner you can choose the segment and can set the online market then it will be ideal to make online store in India. As indicated by the need a climatic conditions,habits,trends, you can choose classification of the items and administrations. The greatest favorable position of online business is wide and open. Sitting in your lounge room you can without much of a stretch deal with your online stores. To make online stores the first and the preeminent thing is space and facilitating a the engineer who can make your online store which will end up being your character. Presently from your online store individuals can buy,but to make mindfulness and convey activity to your site is again an assignment of advanced advertising wherein the specialists direct you how to do computerized showcasing to accomplish most extreme movement w...
Currently majority revenue is generated by store sales but online sales from the stores’ websites are increasing. With US dollar getting weaker, international sales from these US based websites are increasing too. This creates significant positive outlook for the large incumbent players but also acts as a significant barrier of entry for new players.
Executive Summary India is witnessing a great amount of upward growth in its retail industry making it become the most flourishing sector of the fast growing Indian economy Amin, (2008). The tremendous growth in its economy has come due to plenty factors such as a major change of demographical situation, an increase in the quality and standard of living for the modern and urban citizens of India, frequent change in the buyers behaviour due to change in taste and preferences, rising domestic income among other factors that have contributed toward the notifying change Srivastava, (2008). There is no doubt about it that India is booming in its economy and retailing is definitely a major contributing agent to improve India’s dynamic income
Store can sell wide range of dry grocery, nutrition & vitamins, and natural cosmetics by internet. New distribution channel would be great opportunity to gain new customers. This allows them to increase the income of the store, which will no longer be limited to the local market.
In the case of India, retail industry is witnessing unprecedented growth and transformation (Malini 161). Organized retailing is becoming a norm as opposed to unorganized retailing, which was dominant in the past. For a direct investor from United States of America, who is interested in investing in consumer goods retailing and e-retailing in India, it is important to understand the macro environmental factors which can have a serious impact on the success or failure of a venture. According to Musgrave (38) India is the fourth largest economy in the world and it is expected that by 2050 it will become the most populous country in the world. Since the initial relaxation of barriers and encouragement of foreign direct investment in 1991, retailers have started making inroads into the Indian markets.
When comparing two different ways of shopping most people do not even think about, they do both and not even realize it. In today?s society people shop while at work, after work and on the weekends, whenever time permits. Did you ever stop and think how can I get more time in the day for family or just myself? The best way to figure out with all the recourses we have; still most of us go into a store and spend time looking through racks and waiting in endless line to just purchase something. I compared going into a store verses online shopping; to see which on will save you time and money.
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.
When comparing two different ways of shopping most people do not even think about the difference, they do both and not even realize it. In today's society people shop while at work, after work and on the weekends, whenever time permits. Stop and think how can I get more time in the day for family or just myself? The best way to figure that out with all the recourses we have is to go into a store and spend time looking through racks and waiting in endless lines to just purchase something. I compared going into a store verses online shopping; to see which one will save you time and money.
A marketplace is a location where goods and services are exchanged. The traditional market square is a city square where traders set up stalls and buyers browse the stores. This kind of market is very old, and countless such markets are still in operation around the whole world.
The advancements in the technological world have allowed supermarket chains and other national stores to quickly dominate the market and are driving out the concept of the ‘local stores’. This surge in the market has seen shares rise and profits bulge with the three main contenders in mind being Sainsburys, Safeways and Tescos who now serve the whole of the UK between them and are the household names of the shopping world. The ICT input to these businesses is vital in that it provides speedy service; controls stock levels and will even allow bank balance transfers to be carried out with minimal difficulty or technical experience.
Consequently, e-business and especially online shopping is crucial for retail stores. They should provide necessary infrastructure for selling their products online. By taking advantage of e-business not only they can get competitive advantage of online shopping, but the...
The Information revolution is changing our daily lives. With the rapid development of computer and internet, online commerce become quite common and plays an important role in the modern world. The online business has booming development in these few years. US online retail sales raised an average of 11% in the first three months of 2009 (“US Online Sales Up,” 2009). The growth of online sales may due to the growing number of consumers who shop online. In the case of Asia, survey reported 77.6% of Internet users have online shopping experiences in 2003 (as cited in To, Liao & Lin, 2007). Online shopping is very different from traditional shopping. Consumers cannot touch and check the product before purchasing it, which means they are at higher risk of fraud than traditional shopping. Consumers also have other concerns such as credit cards security of online shopping. Then questions should be raised: what is the advantage of online shopping? Why people shop online? In following paragraphs, the advantage of online shopping for the consumer and consumer’s motivation to shop online will be reviewed and discussed.
Online shopping is the latest and greatest craze in the history of the internet, it’s fantastic! You can sit in the comfort of your own home, being as daggy-looking as you like and shop for all your pantry needs or buy that dress you’d like to wear out this weekend, its takes shopping to a whole new level. My favourite online shopping (because I’m female) is online fashion, I love the convenience of being tired and not having to go anywhere to get an outfit.
Online shopping has become a popular way for many consumers to look and buy products or services that they like. Many business have included an online website for their consumers to make it convenient for them. When consumers don’t have time or doesn’t feel like walking in the stores, they can go online to shop at their stores. Businesses include all products that consumers can find at the store and sometimes they will put certain products that can only be bought online. Consumers can find vivid pictures of the products and reviews that other consumers had left about the product. When consumers buy a product, they can rate how they like about the products. Online shopping is convenient for consumers because it can happen anytime of the day
This paper includes the process of online business; how to sell a product, advertising, various ways to create awareness and how to become a reseller. Laws and conditions for an online business.