India Post gains from E-commerce in India!!!

India post is gaining from E-commerce in India. True, the drowning India Post is gaining its strength and becoming a major player in E-commerce. Due to the advent of E-mails and courier services, postal services were merely surviving and the Postal sector was in loss.

E-commerce is gaining these days and people are showing interest to buy products online. Earlier people in major cities used to buy products online. The major courier services and the delivery network related to the E-market places used to deliver the products. But now the E-commerce has spread to rural places in India.

Delivering the products is a major part in online selling. As the rural areas cannot be reached by private delivery services and as post offices are present in each and every village, the delivery of the products bought online is done by the postal services. The people in rural areas are coming to know about the E-market places and the advantages of buying online like the cheaper prices and the variety of products which are not available in their local markets.

The E-market places like Amazon, Flipkart, Snapdeal etc. are having tie-ups with the postal services to deliver the products and recieve the payment. As many of the rural people do not have credit or debit cards, the payment is also recieved by the postal delivery people. This new phase in E-commerce is welcoming as it is advantageous to everyone.

This new change in E-commerce is a positive signal for all the aspiring and budding online sellers. Selling online is easy and profitable if the E-market places are properly chosen where to sell the products. And another important thing to be taken care of is how to list the products in these E-market places. As SELLinALL supports integrated environments with major E-market places like Amazon, Ebay, Shopify, Etsy, Lazada gropus and provides a free online shop, choosing SELLinALL to list products would be advantageous.

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 attracting significant traffic, making

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