As already discussed earlier Online travel Industry is the biggest trigger for e-Commerce in India. The next upcoming area or field that is promoting e-Commerce growth is e-Tailing or also known as web retailing. e-Tailing is another factor which is shaping up good in India and encouraging more and more people to come up and transact online. It is in simpler terms a shop which is online and mostly like a departmental store where one can shop for anything and everything. The size of e-Tailing Market for the year 2006-07 was computed to be Rs. 850 crores. e-Tailing contributes around 12% to the total E-Commerce Market size in the year 2006-07. These figures have been taken from IAMAI (Internet and Mobile Association of India) and IMRB International e-Commerce 2006/07 report.
We even see growth in the e-Tailing domain because of various factors like convenience, increase in the number of buyers and sellers, better deals and change in the thinking pattern or behavior of the consumers. If all these factors clubbed together, they can really provide good benefit to the e-Commerce growth in the country. But with all this, the loopholes of the same also need to be addressed to make the e-Commerce flourish.
Monday, December 22, 2008
e-Tailing coming up and boosting e-Commerce
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