online retail industry is the future of india
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“ONLINE RETAIL INDUSTRY IS THE FUTURE OF INDIA”
PRESENTED BY -: ABHEY SHARMA
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WHAT IS ONLINE REAILING
online retailing is a form of electronic commerce which allow consumers to directly buy goods or services from a seller over the Internet without intermediary service. Other names for an online shop are: e-shop, e-store, Internet shop, web-shop, web-store, online store, and virtual store.
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Yebhi.com latest Indian Ad - Brands India.flv.mp4
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The concept of an online shop evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or shopping center; the process is called business-to-consumer (B2C) online shopping
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ONLINE RETAILING COMPANYS IN INDIA
• Aaramshop• BagItToday.com• FabMart• Flipkart• Future Group• Govasool• Landmarkonthenet• Landmarkonthenet.com• Myntra.com
• India plaza• India times shopping• Infibeam• Inkfruit• Jabong.com• Junglee.com• Koolkart• Landmark Bookstores• NAPTOL
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NAPTOL
• Naaptol registered as Naaptol Online Shopping Pvt Ltd, headquartered in Mumbai, Maharashtra is an ecommerce portal based in India.
• Founded in 2008 by Manu Agarwal in initial stage with a seed capital of Rs.50 lakhs. Later in 2009 it was expended as an online market place and started offering products to purchase online in categories like mobiles, tablets, cameras, home appliances and a variety of other products.
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YEBHI
• Yebhi, which began as BigShoeBazaar.com, has a registered user base of about 1.5 million people, of whom about half a million have transacted on the site.
• On 27th May'2012 Yebhi.com declared that they shortly introduce "try and buy" where the shoppers can actually try the clothes and shoes they buy on the portal when it is delivered to them and return it if they are not satisfied.
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MYNTRA
• Myntra was established by Mukesh Bansal, Ashutosh Lawania, and Vineet Saxena in February 2007. All three are IIT alumni, and have worked for several start-ups.
• Myntra.com was announced as a winner of the Red Herring Global 100 award. Red Herring announced its Global 100 awards in recognition of leading private companies from North America, Europe, and Asia, celebrating these startups' innovations and technologies across their respective industries.
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WHY ONLINE1) Convenience2) Better Prices3) Variety4) Send Gifts5) Fewer Expenses6) Comparison of Prices7) Crowds8) Discreet Purchases
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HOW IT IS FUTURE OF INDIA
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POPULATION IN INDIA
• Current Population of India in 2012 1,220,200,000 (1.22 billion)
• Total Male Population in India 628,800,000 (628.8 million)
• Total Female Population in India 591,400,000 (591.4 million
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INTERNET USER• 19-40 years age group is major section (85%) using
internet in India. 85% of internet users in India are male which not a very good sign is.
• working women, only 11% use internet. The ratio is almost half (6%) in case of non-working women and even worst in case of house-wives (2%).
• The scenario is much better in case of young men (33%). Also 15% older men, 14% school going kids and 21% college students use internet in India.
• 46% of net users are graduate, 26% are post-graduate. Among these, 2/3 rd of user use internet 2-3 times a week. 62% uses internet from office as in most of the offices, it’s free.
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• let us see from which cities most users come. Mumbai has the maximum number of internet users (3.24 million) in India followed by Delhi (2.66 million). The top ten cities where people use internets are Mumbai, Delhi, Bangalore, Kolkata, Chennai, Pune, Hydrabad, Ahmedabad, Surat and Nagpur. The total numbers of internet users of those 10 cities are 37% of the total numbers of internet users in India.
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• Now take a look which types of sites majority of users browse. Most of the users use net for emailing (95%) which is obvious. Next is job searching (73%) showing crisis of getting job in India followed by chatting sites (62%), social networking sites (51%) and quite interestingly mathematical sites (48%).
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EMPLOYEMENT STATUS
• There is a wide gender disparity in the literacy rate in India: effective literacy rates (age 7 and above) in 2011 were 82.14% for men and 65.46% for women. The low female literacy rate has had a dramatically negative impact on family planning and population stabilization efforts in India.
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