The online Real Estate Boom!!!

Housing sector is one of the key sectors as it comes under 'necessities'. Whether it is renting a house, Buying a house, Buying a plot, Selling a plot or a house requires a lot of help and advice from others. So this housing sector has gained a real boom when it got online.

There are a number of online websites like magicbricks.com, housing.com, primelocation.com, makaan.com, 99acres.com which are very popular among people and millions of people have benefited from these online real estate portals. For people who cannot do the buying/selling by themselves, these online portals have helped in a great way.

While a few years back, people would prefer to buy a property in the place they have been living for many years and there would be apprehensions to buy the property some where else in the country even though they know that there will be benefits by buying the property. The Real Estate classifieds section in the newspaper has now transformed into a much more open platform where buyers can interact, get to know about the advantages and disadvantages, get to know about the booming places and cheaper options. These online Real Estate portals have opened up the entire country and made the buying/selling a comfortable and easier one.

This opening up of Real Estate sector brought a huge change in e-commerce as it helps in monetary flow and monetary flow from other countries too. So in one way these online Real Estate portals have added up to the E-commerce.

There are many websites which are helpful to buyers/sellers. One among them being SELLinALL. SELLinALL helps online sellers to list their products easily in major E-market places like Amazon, Flipkart, Ebay, Etsy, Shopify,Lazada, Facebook etc. SELLinALL with its dedicated team of developers and researchers always try to bring the best to the online sellers and make their job easy.

What you need to know about Gross Merchandise Value

Gross Merchandise Value (GMV) is defined as the gross sales revenue generated over a period of time by an e-commerce platform before any deduction for fees or commission . It is used to track the growth rate of an e-commerce business since it measures the value of the total merchandise that has been sold through the site for a specific time period, quarterly, bi-annually, or annually. Gross Merchandise Value = Number of Goods sold x Price of goods sold This metric is useful for e-commerce businesses that buy and store the merchandise from suppliers and delivers to customers when purchases are made. However, it cannot be used as a standalone metric for all online retail platforms. For e-commerce sites that operate as a Customer-to-Customer (C2C) business, they do not physically manage the goods. The total commissions generated and accrued expenses, such as delivery fees, advertising, return expenses incurred are more important to track for this business model. This is also known as Gro...

5 Major challenges faced by e-Commerce sellers and ways to overcome it!

Based on a report by Google and Temasek Holdings, Southeast Asia’s (SEA) digital market could exceed US$200 billion before 2025. Southeast Asia’s digital economy is forecast to triple its size in the next 5 years. Read more on the challenges faced as a seller in the E-commerce marketplace, to help you decipher and be part of this immensely growing economy. E-commerce stores are on the rise due to a numerous reasons. As far as market association is concerned, E-commerce sites already have an existing network of buyers. So, selling your products becomes relatively easy as branding and advertising is already taken care of.As Sigmund Freud 's had rightly said “ I carefully consider my decisions as everything comes with pros and cons! ” Marketplace Management When it comes to South-East Asian E-commerce market, the most underestimated struggle is Fragmentation i.e. there are a number of e-commerce platforms in ASEAN countries attractin...

Buy Online, Pickup in Store

A National Retail Federation study on Consumer Views in late October 2019 revealed that70% of the survey participants would pay for a Buy-online, pick-up-in-store service (BOPIS). BOPIS has emerged as a convenient option not only for consumers but retailers that invested in brick-and-mortar stores. Growth in online retail sales was overtaking traditional brick-and-mortar retail before the pandemic and BOPIS was being adopted by top retailers. With the onset of the pandemic in 2020, a Digital Commerce 360 survey in late 2020 showed results that 43.7% of the top 500 retailers with physical stores were offering BOPIS — up from 6.9% before the pandemic started. BOPIS, also known as click-and-collect or curbside- pickup provides a safe, contact-free way to shop online and pick up the ordered items. In order to implement BOPIS, a retailer needs to implement the following tools: 1) A website or app where customers can shop and place orders for the products online 2) A brick-and-mortar locatio...