The Future of Online Shopping in India: Scope of eCommerce
First, let’s take a look at what e-commerce is before we get into it. Sellers create websites to exhibit photos of their items, together with information about the pricing and features. COD, e-wallet, net banking, credit card, and other payment alternatives are available to customers who purchase the goods through live shopping online. The seller must ensure safe and timely delivery of the goods to the buyer when the transaction takes place over the internet. eCommerce advantages Using an e-commerce website to run a business is advantageous. eCommerce has grown in scope due to the many advantages to both merchants and purchasers, and its growth is a direct result of these advantages. First, let’s look at the benefits it provides to merchants: • • • • •
If a seller is prepared to ship, they may expand and diversify their consumer base well beyond the boundaries of their hometown. Live shopping is a powerful way for even small companies to boost their revenue and expand. If they don’t have to pay for expensive real estate, they can save a tonne of money in infrastructure costs. To run an online business, there are enormous savings in wages; merchants may also save money on energy expenditures like electricity. Customers no longer have to be concerned about losing out on their favourite products due to vacations, strikes, or even lockdowns since online stores are accessible 24/7.