Sell Online

Sell Online

Ajmer Shopkeepers Do you want to Sell your Products Online

Attention Shopkeepers in Ajmer, Would you like to sell your Products like Mobiles, Clothes, Toys, Stationery, Books, cosmetics etc online at different sites like Ebay, Amazon, Snapdeal, Flipkart, Shopclues, SaanMI.com. We don’t charge any fees. We provide you all the support for selling the items like listing on all the sites. Contact – SaanMI Retail, C Block, Panchsheel Nagar, Ajmer

The Future of Online Shopping in India

The Future of Online Shopping in India

The e-commerce industry in India is still in its early stages of development. Online shopping in India is growing fast, aided by the fact that the number of Indians with access to fast broadband internet and smartphones is increasing by leaps and bounds every year. There’s been a massive increase in the use of the Internet and this is expected to continue over the next 4-5 years as well.

As we begin 2016, it makes us very happy to say that there were over 400 million internet users in India. The Government of India’s “Digital India” initiative is meeting a lot of success.

Today, online shopping in India is huge. According to an estimate 14% of India’s population buys online on a regular basis. Now, 14% may not seem to be something you would want to boast about at first glance, but when you consider that India’s population is 1.3 billion, well, the number of online shoppers in India is equal to half of the US population and that’s a big deal indeed!

Indeed, the online shopping industry in India is expected to clock a compounded annual growth rate of 35%. It is expected to cross the $100 billion mark by 2020, up from the $17 billion that it is worth today, according to a study by Assocham-Pricewaterhouse Coopers study.

The momentum of the e-commerce sector has been so strong that shopping malls in India have been a huge casualty of this. There’s a vacancy rate of 25% in shopping malls across India and rentals have dropped by over 30% – in just 1 year.

As Assocham Secretary General D S Rawat, “Online shopping has shown a handsome growth while brick-and-mortar malls are witnessing a slowdown. The growth in e-commerce looks impressive because of a low base and rising penetration of the Internet.”

As fast broadband internet becomes accessible to more people India, the online retail industry is only expected to grow further in size. It is expected that over the next few years, more people in rural India will have access to the Internet. Rural internet users will rise from 29% of total internet users in the country in 2013 to around 40% to 50% by 2018.

Source – https://www.couponclue.com/blog/the-future-of-online-shopping-in-india/

40 Million Online Shoppers in India by 2016, Says Study

40 Million Online Shoppers in India by 2016, Says Study

Online shoppers are expected to increase from 20 million in 2013 to 40 million in 2016, as an additional 200 million Indians will access the Internet in the next three years, with majority of them coming online through smartphones, indicates a new joint study by Assocham and Grant Thornton.

According to the study, a significantly low (19 percent) but fast-growing Internet population of 243 million in 2014 is an indicator of the sector’s huge growth potential in India. This underlines the potential of Internet use in India and as Internet penetration increases, the potential of growth of the e-commerce industry will also increase, it says.

It also predicts that the Indian e-commerce market is estimated to grow at a compounded annual growth rate (CAGR) of 63 percent to reach $8.5 billion (Rs. 54,304 crores approximately) in 2016 on the back of growth in the penetration levels of mobile and Internet and increased consumer demand.

“The number of users making online transactions has also grown exponentially, and it is expected to increase from 11 million in 2011 to 38 million in 2015. Government of India’s plan to rebuild and modernise the Indian postal infrastructure and plan to implement Digital India will also boost the e-commerce sector,” says the study.

India’s current dynamics are similar to what existed in China then – growing broadband penetration, acceptance of online marketplaces, and lack of physical retail infrastructure in many places due to high realty costs, it adds.

The study, titled ‘Law & Technology: Evolving challenges as a result of fraud in e-commerce sector’, says online travel dominates the Indian e-commerce market although online travel contributes a smaller share to the global e-commerce market.

“Online travel accounts for nearly 71 percent of the e-commerce business in India. This business has grown at a compound annual growth rate (CAGR) of 32 percent between 2009 and 2013. E-tailing, on the other hand, accounts for only 8.7 percent of organised retail and a minuscule 0.3 percent of total retail sales,” the study shows.

The study also showed that the percentage of working women in India grew 43 percent year-on-year in 2013, which constitutes 10 percent of the active online users in India. The women focused share of e-commerce market will increase from 26 percent in 2013 to 35 percent in 2016, it predicts.

Source – http://gadgets.ndtv.com/internet/news/shopping-via-smartphones-in-india-could-touch-40-million-by-2016-study-726136