Friday, November 1, 2013

A Glimpse from the growing Ecommerce Industry in India


Most of us are aware of buying products online through some sites like e-bay or amazon.com. Almost everything from gym equipment to laptops, from apparels to jewelleries, is purchased online in this age of e-commerce. While these are products, people are also buying services online. Consultants to business lawyers are offering their services to their potential clients. Customers are also eager to transact online, as it is much hassle-free. Moreover, there is enough freedom offered to them to go online, look for a product, and compare a few more of different models, along with their prices. The bonus is that the customer can also go to other online product review sites, and discussion forums. Once the customer likes a product after all research, he can order for it online. E-commerce has also made it easy to pay. These days a number of methods have evolved to pay your dealers – credit cards, debit cards, PayPal account, direct online money transfer and many more. Once the payment is made, the dealers dispatch the product, which reaches the doorstep of the customers within few days.
A new generation of dotcom start-ups is invading the e-commerce space in India, where buying and selling online is expected to grow 47% and reach Rs. 46,500 crore by year-end, according to the Internet and Mobile Association of India (IAMAI).

Considering the scenario many e-commerce firms have raised money and are actively working on their ventures. Yebhi.com is one among them to create a benchmark in e-commerce industry.

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