Impact Of Eommerce In India

Ecommerce - Selling and buying of products or any kind of services through online. So simply we defined ecommerce, right? But the changes it made in the global market is drastric. Now ecommerce is in the driving seat of retail market.

India the second largest market in the world is also started to take all the advantages of Ecommerce. It’s not fair to say started, we already ran a long way in online business. The impact it is making in indian economy is remarkable.

Reason for acceptance of eCommerce

Indians are always have a tendency to accept or adapt new things from the western world. The case of eCommerce was not different. The starting of ecommerce in india was absolutely an experiment. But the way people respond to it and the way people accept the things was incredible. The drastic increase of internet users in all over the world is the reason behind the unbelievable growth of ecommerce. The growth of internet users in every year is above 30%. This numbers will also help online business.

One of the main reason behind the gradual increase in the use of online markets is the trust that created by the ecommerce gaints. Once they started to ensure the quality of products, fast services & security of money people become more comfortable and courageous in using ecommerce sites for selling and buying.

Negative Impacts

In a developing country like india, the negative impact of ecommerce is a really important topic to speak about. It is widely thinking that ecommerce will affect the small retailers very badly. The small scale retailers stating that there sales decreases heavily after the ecomerce wave start to hit on indian soil. But the positive that we could find there is more indian entrepreneurs start to use the technology and launched very competitive ecommerce websites.

Advantages

There are a number of advantages that we can point out.

• Gobal market in your finger tips
• Sell or buy at your convenient time at your convenient ecommerce site
• Online Payment & Cash on delivery facilities
• Lower prices and nice offers because of the high competition. And many more

Ecommerce website development in india

This is also something that bring a lot of money to the indian economy. India is one of the leading ecommerce web development country in the world. Large number of projects exporting from india in every year. This is providing employment for a lot of IT people. There are a lot of startups in india which run on the basis of Ecommerce website development services. A lot of ecommerce web development companies in india serving for abroad clients. As india is one of the place which produce software products at low cost as well as with good engineering skills, foreigners approaching indian companies for many of their projects. Directly or indirectly it boosting indian economy.

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