E commerce in India: Ebay India claims to sell 1 product a minute
eBay's India country manager Ambareesh Murty told ET that they sell 1 product a minute which is a impressive number. 6 months ago eBay h...
https://www.ideasmarkit.com/2008/08/e-commerce-in-india-ebay-india-claims.html
eBay's India country manager Ambareesh Murty told ET that they sell 1 product a minute which is a impressive number. 6 months ago eBay had released a e commerce trends list about Indian shoppers about how gadgets were hot in India now they have added to that list a surprising items Jewelery which is the most sought after item.According to eBay some of e commerce trends on their websites are
- Jwellery is sold every seven minutes on eBay India.
- A coin or note sells every 16 minutes
- A stamp sells every 19 minutes
- An apparel sells every 22 minutes
- A book is sold every 27 minutes.
- Men in the age-group of 25-30 years account for 70-75 per cent of the shoppers
- Electronic gadgets are popular among male buyers and jewellery is the obvious choice of Indian women
Related reads:
Research: Books most sold item on net
Trend: Indian consumer does net research for gadget buys
5 comments
Ecommerce is one word that has uncannily boosted the economies of all, the first world, the second world and the third world countries. Though the trend of buying and selling through the electronic media, predominantly through the net, is a trend that has seen the upswing in the developed countries, the technicalities involved with it like making an ecommerce solution, is something that the firms in the developed countries hire from the poorer countries, thus giving a boost to the latter’s economy. Unfortunately, the benefits yielded by fields like ecommerce are yet to reach the grass root levels especially in the third world countries. http://www.infysolutions.com
I think Online Shopping in India is not as much popular as eBay claims their product sale frequency.
Abhishek is it true? What you say?
Internet penetration in regions such as North America, Australia, and Europe, has made World Wide Web an important medium for e-commerce transactions. It is now possible to reach the target customer any where in the world with the help of an ecommerce website. http://www.infyecommercesolution.com/
ebay India is crap! Fake products dominate, ebay support & the so called guarantee is TOTALLY USELESS and the choice is so limited compared to ebay.com. I reccommed ebid.net or rediff shhopping. Also buynsellindia.com is better as prices are cheaper.
E-Commerce has become the one of important need for any business or it is another way to handle business easily by providing convenient services to public.
In the last two decades, there have been improvements in the way online business is conducted.
E-commerce sites and applications have contributed a lot to these changes, and the changes have improved how many online traders do business.
Where some sites have over the years improved on various areas with a sole aim of improving on the business experience of both parties. On the other hand some sites are found to be very worst and fraud with their services, came to know after a survey, I have some of examples like, Indiatimes shopping, Timtara, Jabong.com, 100bestbuy, Rediff Shopping, ebay. Even I went through some of consumer forums and also found so many complaints against these sites. I think Govt. must take a needy action against these fraud sites.
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