Indian E-commerce industry is a 16 billion dollar big industry, which is just a chunk of global industry size. But the future stands bright for this industry as the upcoming tech-firms are giving an applauding strike to the E-commerce industry to touch its estimated growth. The roaring zeal of the technology companies and ever-increasing adaptation of internet and mobile is acting as a catalyst for super growth in this industry.
On analysis of the Indian E-Commerce industry, it is found that Indian E-commerce industry so far has been dominated by larger players. But as the new players are emerging, it is burgeoning E-commerce industry in India. Newly started E-commerce platforms take it as a challenge to sustain the race for technology with the R&D departments of larger players. But dedicated hardworking teams need a pat on their back for working to best of their capabilities to keep the pace with the advancing technology. Motivated management directs its team to combat all the challenges and keep prospering.
There is a series of factors which is supporting the growth of E-commerce platforms in India. The golden reason is the rising standard of living and increasing mobile middle class with healthy disposable incomes. Such a pool of people spend online to get extra comfort. Busy lifestyles are driving folks to shop online where they can get comparatively larger choice to pick from. Afterall, who don’t like to have an easy shopping over hectic shopping and head bursting traffic jams. Apart from the facility to shop from home, it also provides more variety than any other mortar retailers. This trend is sprouting many E-commerce platforms.
To keep the pace with the changing trends among Indian customers, every business wants to go online to cash the opportunity and tap maximum possible customers around the globe. But in the short of resources and adequate knowledge, most of the SMBs or SMEs ends up stucked with cost barriers and technical difficulties. Small businesses are efficient in their range of product and their field but have very little or no knowledge about web system. To resolve such jargons, Mystore.in emerged as a credible alternative platform which provides world-class platform where the entrepreneurs can create their own virtual store in matter of minutes at an affordable cost.
Such E-Commerce platforms help in sorting everything by themselves by cuts the need to find the right technology. It also removes the dependency on technical persons and encourages the ‘I-can-do-it-myself’ approach by providing an easy to handle admin interface. This has dramatically reduced the development time thus allows merchants to take their products online in almost no time. In addition, they need not to be tensed about upgrades as the platform itself keeps on upgrading continuously and thus proved as a saving.
E-commerce platform provides best possible features to attract their prospect target clients. Right from integrated apps to customization of their own stores helps the individual entrepreneur to give a unique outlook to its virtual space. Secure online payment gateways, faster browsing, mobile ready interface, social media integration and many more interesting features are steaming highlights. And all this comes to the people at an amazing price bracket.
Availability of such easy to use Ecommerce platforms has involved many independent entrepreneurs to join E-commerce industry and thus expanding the industry in India. E-commerce platforms are operating in a very promising manner and the growth rate analysis itself describes its success story.