Enter the Dragon -  Yes, the Chinese Renminbi will be entering into the International Monetary Fund Basket of Currencies  by October 2016. Cambridge Business dictionary  gives the meaning of basket of currencies as  "A group of different currencies that used by  some countries to calculate the value of their own currency."  China, - according to Economist Adam Smith - "had long been one of the richest, that is, one of the most  fertile, best cultivated, most industrious, most prosperous and most urbanized countries in world." Modern day economists say that in the world of finance, the 19 the century has been the British Century,  20th Century has been the American Century and the 21st Century will be the Chinese Century. As predicted by the economic peers, it will be Chinese Century. (Read - you can also be a winning seller) The Chinese economy which has been stagnated from the later part of 16th century after its 1978 economic reforms has started g

An E-commerce business is a profitable and flexible profession. Like any business E-commerce business also needs some basic things to get started. The following three basic points have to be taken care for starting an E-commerce business. An idea about what kind of products can be sold profitably. Having a basic idea of what kind of products can be sold online is essential to get profit. The best products that can be sold online are the ones that are not found easily online. This is easy to say but sometimes difficult to implement. Normally products that are  self created  or selling the creative products made by friends is a good idea. The creative products can be anything like some painting done on canvas shoes, plain slippers which have been decorated with beads, a plain T-shirt which is altered or designed with some design etc. The creative ideas or E-books are also good products that can be sold online. If someone is good at technical or business ideas,

The major E-commerce sites like Amazon, Snapdeal, Flipkart etc offer huge discounts and deals to attract customers. The huge discounts given on the products in these E-commerce sites cannot be found at the same rate in the retail market or brick and mortar shops. The question here is how can these E-commerce sites give such huge discounts and will they able to do it in the future? These are some of the reasons as to why and how the E-commerce sites give huge discounts: The major reason being the support from investors who invest in these major E-commerce sites. The major national and international brands and business ventures invest in these E-commerce sites.  The vendors who would like to sell their products on a less margin supply their products to the E-commerce sites in daily deals etc. The margin can be less on each product but the overall profit goes up based on the quantity. The E-commerce sites also sell the products on marginal profit. The major brand selle

Snapdeal is one of the  major E-commerce/E-tailing websites in India. According to the Business standard, Snapdeal  has about 40 million registered users and about 1.5 lakh sellers all over India. The valuation of Snapdeal in 2015 according to Times of India is 4.5 billion dollars. There are many issues related to Snapdeal which are surfacing these days. The latest issues related to sellers being making some forms mandatory for shipment to particular states. The attachment of  form17 and form18 when shipping products to uttarpradesh is mandatory for Snapdeal sellers. The attachment of form JVAT 504G is made mandatory for shipments to jharkand state. The other issue being the incorrect shipping charges being levied on sellers. All these issues may play a role in the sales of Snapdeal. The other issue which is heating up is the legal fight between paytm and snapdeal. Paytm has filed a law suit against Unicommerce which is an e-commerce management software and fulfillment solution

Facebook as everyone knows is a well known and powerful social communication site. There are millions of users for Facebook who connect and reach out their friends and loved ones. This enormous amount of users were also given an opportunity to do online selling through Facebook's Business pages. Facebook's Business page and the integration of Facebook with many hosted cart websites like Shopify make Facebook selling a comfortable and an easy one for many online sellers. The question is 'Why are online sellers choosing Facebook when so many E-tailing sites are available where they can sell the products?'. There are many major E-tailing sites like Amazon, Ebay, Flipkart, Snapdeal etc. which act as a medium between sellers and buyers. These E-tailers do a lot of promotion of the websites as well as products sold in their websites. They earn the trust of the customers by their steady and constant quality work like delivering the products on time as promised. The

Cash on Delivery payment in E-tailing is  the most preferred form of payment by the customers these days. Cash on Delivery option is not available in many countries. But some countries in Asia like India, Pakistan, Bangladesh, Vietnam, Thailand, Nepal etc. support Cash on Delivery option in E-tailing. These are the pros of Cash on Delivery payment: Cash on Delivery option is supported by many E-commerce sites in some countries of Asia, India being a part of it. Cash on Delivery (COD) is preferred by online buyers who would like to check the product before paying for it.  This is advantageous for the customers as they can check the product before paying for it. Another advantage of COD is that many people in rural areas of India and many other countries who do not have credit cards and debit cards can buy products online. COD is supported by many E-commerce sites to attract  online buyers who are not comfortable  to reveal their credit or debit card details online. Cons

Singapore based SELLinALL after making its high voltage pitch  at The Bridge Fest 2016 , Japan , opened its first overseas office at  Chennai in India.  The new office centred in Rattha Tek Towers, a  prestigious Technology park, is right on the most sought after IT corridor of  India- Rajiv Gandhi Salai, Chennai. SELLinALL one of  the echolon 27  top five awarded startup companies of Singapore,   within an year of its inception opened its overseas office now in  India. This all has happened to SELLinALL just because of the support  received from the Global Online sellers. The fast growing Indian e-market place which has grown more than  33 times, from 3 million in 2001 to 100 million in 2016, (read :  For online sellers!! The Pots of Gold at the (Indian) Rainbows  End .) has now become the best place for the Global online sellers to  sell their products. Now the SELLinALL Indian office will be an easy approach for the Indian Online Sellers. The Big qu