E-Commerce has become a revolution unleashed and thriving business is ready for high growth in the coming years. With 150 million Internet users in India are now using 3. the largest Internet population in the world, to expand only 575m in China and the United States on 275 m above the sea level. The majority of the population to breast-feed when you check in a preferential fashion brand retailers and specialised online stores, their lifestyle, needs shopping. Although the transition from traditional shopping to shop took a lot of time, e-commerce) is currently the second largest website category (after the analysis of 200 domains for the 2012 Opera Software State of the Mobile Web report. An aggressive marketing campaign, making these portals and easy online seems to be a much-needed boost for these e-Commerce companies. The same report shows the top e-Commerce sites in India are Quikr, Amazon, Flipkart, Alibaba and Snapdeal. Multi-product e-commerce portals that have been the goods and services in various categories, including books and magazines, computers and peripherals, vehicles, software, consumer electronics, appliances, jewelry, audio /video, entertainment, games, gift goods which are the most popular.
Metros are E-commerce hubs
According to a study of 100,000 transactions Shopclues.com (another player in the E-Commerce segment) during October, November, 2012, Delhi-NCR, Bangalore, Chennai, Hyderabad, and Mumbai topped the list of top 10 cities for e-Commerce in India. Patiala, Bathinda, Faizabad and Panipat were among the top 10 emerging cities for e-Commerce.
Investors who are Not afraid to invest in E-commerce
According to investors in 450 metres pumped in about $in the Indian e-Commerce in 2011. Shopclues also has a rating that e-Commerce touch $ 900 million in gross revenue before the end of 2013. With Ambareesh Murty, formerly E-bay executive with a seed Fund of $5 m to launch lifestyle-products website Pepperfry.com, Myntra tap investors for $40 m since 2007, Snapdeal patrons to initiate a $52 m, and Amazon debuted in India through product comparison website Junglee.com – it seems that e-Commerce really come of ages in India.
The future of e-Commerce in India
The number of new market participants in the e-Commerce arena is rising, and it doesn’t take a lot of time and retailers begin the transition to the online environment. A recent pan-India report from Com score Inc revealed that online shopping has touched in India will increase from 18% in 2011 and is looking to increase interest rates in the coming years. Forrester, one of the world’s leading research and Advisory firms, in its report titled “Asia Pacific Online Retail Forecast, 2011 To 2016,” said the e-Commerce market in India, the most rapidly growing in the Asia-Pacific region. At a compound Annual growth rate (CAGR) of over 57% between 2012-16, this industry seems to be in bloom on the back panel of the disposable income and growing Internet-savvy population. The future of e-Commerce sector in India is promising, fuelled by increasing numbers of Internet users especially among bargain-hunting middle class. It is only in order to witness the upward trajectory and technological improvements, including 3G and 4G wireless communication would be a catalyst in his development, more and more users to buy products online, frequently. It was also observed that the acceleration of social media e-commerce adoption, so that the user can see the marks.