From Retail to Pre-Tail & E-Tail: Evolution of E-Commerce in India
Keywords:
E-Commerce, E-Tail, Online Retail, Online Shopping, Pre-TailAbstract
Today online retail represents a small fraction of the e-Commerce space but it is one of the fastest growing segments in India; only in 2012 online shopping e-Commerce site number has crossed 600 from 100. India is at the verge of a big digital revolution. Declining prices of broadband subscription, aided by the launch of 3G services and the likely launch of 4G services is expected to significantly add up to the country’s internet user base. Because of India’s rising internet population, the trend of on line shopping is set to see greater heights in coming years. Furthermore, the Indian consumer’s perception of online shopping has undergone a drastic change, and only for the good. In this paper, we discuss Pre-tail ing: the need of the hour. Also the factors which are driving online retail consumption in India. We also talk about the popular trends in the online retail industry and analyze other factors contributing to the growth of e-Commerce in India.
References
Rebirth of e-Commerce in India, 2012, Ernst & Young 2. http://www.fastcoexist.com/1681686/the-rise-of-pre-com merce
http://en.wikipedia.org/wiki/E-commerce
en.wikipedia.org/wiki/Pretail
Evolution of e-Commerce in India: Creating the bricks be hind the clicks, ASSOCHAM, PwC, August 2014 6. Retail 2014: The anytime anywhere universe, Retailers Asso ciation of India, PwC, June 2014
E-tailing in India: Unlocking the Potential, Technopak 8. http://www.technopak.com/Files/Cover%20Story%20 on%20E-com%20-%20Business%20India.pdf
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