The Prospect of E-commerce in India

Description
The report covers the scope and prospect of e-commerce in India.

The Prospect of Ecommerce in India

Benefits of Ecommerce
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Potentially unlimited customer base Provides the ultimate convenience Empowers consumers by letting them handle their own transactions. It offers unlimited shelf space

Top 5 reasons for shopping online:
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home delivery' about online shopping. because of its 'time saving'. the '24x7'. its 'ease-of-use'. product comparisons.

Various Fields of Ecommerce
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Books, CDs, clothes, shoes, watches Electronic gadgets like iPod, camera, laptop Air or Train tickets, Movie tickets Banking Stocks and shares Microwaves, washing machines, luxury cars Matrimony and dating Employment Travel & Tourism

Facts of Indian Market
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The total value of e-commerce activities in India crossed Rs570 crore during 2004-05 Rs2,300-crore worth of e-business will be conducted by the year 2006-07. the internet population is 25+ million and is expected to grow at 100 million by 2007

Note of Caution
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Every two out of three persons who come to a site for shopping leave without completing the transaction. Customers don’t feel safe to go for online transaction. Requiring the shopper to install a plug-in such as an audio player before they can even access your home page is a no-no

How to take care of the challenges
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Simple navigation and easy to find cart Spell out as much as you can about who you are Total privacy of personal data and security of credit card handling Clear presentation of all costs including delivery charges and VAT Take proper care of customer complaints

Reference:
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CIO.com, DataQuest Realcart.com Chilli breeze.com Thank you.

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