Industries

India e-Commerce Market Outlook – Proliferation of Internet and improved affordability fueling growth in the market

Netscribes, Inc. launches a report on e-Commerce Market in India 2017 covering a market with strong growth potential. It is a part of Netscribes’ Internet and e-Commerce Industry Series.
( PR4US.com | Press Release | 2017-09-01 20:23:40 )
Mumbai, India – September 1, 2017 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘e-Commerce Market in India 2017’ (https://www.researchonindia.com/e-commerce-market-in-india-2062.html). Rapid growth in consumerism and easy availability of services and products on the Internet is paving way for the Indian e-Commerce market.

Netscribes’ latest market research report titled e-Commerce Market in India 2017 describes the latest market scenario of the online space in the country. Currently, the Indian e-Commerce market is dominated by the online travel segment followed by online retail, online financial services and online classifieds market, amongst others. Factors such as huge presence of internet users coupled with a continual increase in purchasing power of the Indian population are primarily driving the growth of the market. Third-party logistics service or 3PL is emerging as a key growth driver for e-Commerce players in the country. The multi-mode transportation model of 3PL companies and product tracking at various checkpoints is easing the hectic affair for retailers and in turn enhancing the level of consumer satisfaction.

Majority of players operating in the market are facing dire lack of funds. Raising funds to support daily business operations and online advertising expenses have become a major challenge for them. Online retail operators, especially the inventory based players are suffering from cost stack ups and charges incurred for customers opting for ‘Cash on Delivery’. In an attempt to tackle these problems, players are constantly focusing towards gaining customer loyalty and trust. Several loyalty schemes, promotional offers and high discounts are some of the most prominent trends in the market. Additionally, changing business models and turning into mainstream online retailers, opening up ‘Brick and Mortar’ stores to tap the ‘offline’ customer base, opting for a ‘market place’ approach, consolidation and self-owned brands are some other major trends observed in the market. Notable e-Commerce companies in India include Flipkart, Snapdeal and Amazon India, among others.

Customizations Available
With the given market data, Research on India offers customizations according to specific needs. Write to us at support@researchonindia.com

For more details on the content of each report and ordering information please contact:

Phone:+91 33 4027 6243/6222; +91 33 4027 6200/6207; +91 22 4098 7600
E-Mail: support@researchonindia.com ; info@netscribes.com


About Netscribes

Netscribes (www.netscribes.com) is a global market intelligence and content management firm with services across the research and information value chain. Venture-funded by US and Singapore private equity firms, the company provides tactical and actionable insights to its clients and enables effective decision-making and strategic implementation.

For more information please write to info@netscribes.com


Press Information


Published by

Ankita Basu

+91 33 4027 6243
Office No. 504, 5th Floor, Lodha Supremus, Lower Parel
400012 Mumbai - India
https://www.netscribes.com/

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