E-Commerce Sites Helping Indian SMEs Boost Revenue
A study on the Internet statistics in India says that almost 10 percent of 120 million Internet users in the country shop online. Market Analysts believe that the figure will rise by 30-40 percent by 2016.
An explosion in the online market place can be expected in the near future. Increase in the number of online sellers helps e-tailers a lot. "More sellers bring more choices and add depth to each category," says Bansal of Flipkart.
Most sellers say that they were able to create a bond with their customers; giving their products an upper hand over the other multi-product brands. Yet, there online market in India still has a long way to improve. State wise varying service taxes, shipping regulations and the documents and required paper works r still stands as stumbling blocks over the expansion of the online market pool.
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