The new industry of cheap online shopping and online electronics shopping Indiaby Smith Jaggy Search engine optimization Online electronics shopping India is the terms that till a few years back couldn’t be imagined to be used together. But today online shopping is one the fastest growing markets in India. Growing at an estimated rate of over 50% year on year, it is arguably the most promising industry in the country.
The main reason of this popularity is cheap online shopping. The overheads involved in creating a online shopping portal is very meager as compared to the costs involved in establishing and maintaining a physical store. The companies are therefore able to offer their customers tremendous discounts on products thereby popularizing the system. With the coming of many players in the market like flipkart, jabong, yep me the whole industry has become very lively. There are hordes of advertisements being done by these companies thereby giving a boost to these ancillary industries as well.
Cheap online shopping has also resulted in the increase of orders for the companies that offer these services. The companies now have their hands full with plenty of orders and are finding it difficult to deliver these products. It is also of a disadvantage as the products are priced very low to take on the competition but the overheads of door to door delivery are hurting the bottom lines of these e-commerce companies.
Therefore online electronics shopping India is being promoted so that the companies are able to generate maximum profits by selling bigger products in which they also have higher margins. Online shopping industry has become very competitive in India and it’s the consumer who are benefiting from the entire ruckus going on in the market. The competition among various companies is beneficial for the consumer as they are getting world class product and services at very competitive rates. The whole online shopping scenario in India has enabled the buyer to take an informed decision by comparing the prices and features of multiple products with ease. They are able to decide in a better manner on which product to procure. Apart from these a person can do all the purchases from the comforts of their home and that too round the clock, 24x7. This is a very big advantage to the younger generation who work in graveyard shifts in the BPO sector. It is very important to note that majority of the purchase being done online are being done by the younger generation which moderately include all those who are aged 35 years or younger. Let’s hope that this industry grows even further and does not get beaten by the competition within.
Created on Dec 31st 1969 18:00. Viewed 0 times.
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