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Why Traditional Wholesale Business Must Transform To B2B – Part 2
In India, B2B eCommerce is like Oxygen for the dying breed of wholesalers and traders. It’s time for them to forget their traditional methods and adopt the B2B model, to sustain and grow in the global eCommerce market. By switching to B2B, they will have the luxury of governing business across India – the world’s largest consumer market – instead of limiting themselves to a small portion of the country.B2B: Cost-Effective ...
Why indian wholesalers & traders must transform to B2B eCommerce – Part 1
INDIA boasts of the fourth largest market in the world with regards to B2B trading and traditional wholesales business. And yet, India’s wholesalers and B2B traders prefer the traditional business route, which involves dealing with higher quantity and invoice value. So why should traditional wholesalers switch to B2B eCommerce model? We explain in this article: Order Automation The traditional wholesale business operates on high quantities and high invoice value, as they sell ...
E-Pharmacy is the new wave in Indian eCommerce
Over the past decade, the Indian eCommerce industry has evolved from an online book store to a full-fledged convenience store where a consumer can order just about anything under the sun. And now, the next wave in industry is E-Pharmacy, which is expected to gain 8% market share by the end of 2020. According to a recent survey by Research wing of Chitrangana, more than 60% Internet users in Germany buy medication online. In India, a few pharmacy outlets have ...
Top eCommerce consumer trends likely to impact Indian market in 2019
'The Indian eCommerce demography is changing rapidly since the younger generation is now a decision-maker with regards to shopping and purchasing. This leads to a change in shopping trends. Since there are more working professionals, they lack sufficient time for shopping." - Chitrangana.com But by embracing technology, India’s eCommerce industry is now able to offer user friendly technology and customer service. Let us dive into five consumer trends we’ll see in the following year:
Why Start-Ups Must Embrace Draft eCommerce Policy – view by Chitrangana.com
The Govt. of India’s new Draft eCommerce policy should serve as a shot in the arm to ambitious start-ups trying to compete with global giants such as Amazon and Walmart. Seeing as the policy is designed to benefit the Indian consumer and/or retailer, the Govt. of India deserves a ton of praise - Chitrangana.comIt’s not a well-kept ...
Top 5 guidelines to starting eCommerce start-ups in India
We are entering the golden age for eCommerce start-ups in India, especially after the Govt. of India’s new draft policy. But it’s easier said than done, and start-ups must follow a set of guidelines in order to thrive in the marketplace and compete with the likes of Amazon and Flipkart.It’s a little known fact that at least 90% ...
eCommerce Startup Revolution: How Indian start-ups can spread their wings in eCommerce
With the Govt. of India already determined to help Indian eCommerce start-ups compete with established overseas giants, we highlight five ideas that will help them in their cause.1) Aid of Search Engines: Besides improving SEO for their websites through use of strong keywords and link building, the start-ups must view themselves as search engines ...
India’s eCommerce industry ready to hit 45% growth in 2018-2019, according to Chitrangana
Chitrangana, India’s biggest eCcommerce consultancy, believe the online industry has regained momentum after a drop off in 2017 in the aftermath of demonetisation. Chitrangana, industry experts in the e-commerce sphere, have projected a 45% growth on YOY basis for the 2018-19 season, just a year after the web retail business saw a drop off due to demonetisation of Rs. 500 and Rs. 1,000 notes. Chitrangana believes the extraordinary growth in 2018-2019 is also due to ...
India’s new draft eCommerce Policy – Featured in National News (Rajyasabha TV, DD News)
Featured on National News Network to explain the draft eCommerce policy, Chitrangana believes the new policy will assure level playing field for eCommerce start-ups in India and help to emerge new ventures. The new draft policy protects the Indian eCommerce business entities and the consumers. The regulation will build customer's trust in online shopping which expected to increase new customer base by 35% post policy implementation.The TV show participated by our Senior eCommerce Consultant Mr Prashant Kumar ( India and ...
India’s eCommerce will show double-digit growth up to 25% by Dec 2018
India's eCommerce will show double-digit growth up to 25% by Dec 2018, by adding 20% more new customer and 18% additional demand growth from existing buyer. The growth mainly focused on grocery, fashion, home decor and electronics category.Sep 2018 to Feb 2019, a surge will be seen in furniture and home decor category followed by online food ordering, travel, personal care, gourmets and general home usages products shopping.The changing demand patterns need for speedy delivery and understanding of the local ...
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