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Eretail

E-retail or the online stores are redefining the retail concept. Today’s retailers are all set to leverage this potential channel to reach out to the remote corners of the country, thereby increasing the consumer base. The section tracks the developments, latest trends and related issues of this channel.

Showing 1 - 15 Articles out of 726

Asia has about 2 Billion internet consumers and the region is at a cusp of digital transformation. Over the next couple of years, the booming economy and changing consumer behavior presents a massiveopportunity, rather than a challenge. The Omnichannel strategy is an arrangement between the retailer and customer, where neither of them

BY Guest author  |  Jul 20, 2017  |  comments ( 0 )  | 

India has for decades relied on the un-organised sector to meet its daily necessities for things like groceries, medicines, daily essentials etc.  Then gradually came players like Bigbaazar, D-Mart and Spencers with their value proposition of from a pin to a color TV in one shop.  Then just less than a decade back came the

BY Guest author  |  Jun 05, 2017  |  comments ( 0 )  | 

E-tailing: With orders getting delivered faster than ever before, online shoppers have never had it so good.   E-tailers have brought down average delivery times (pan-India) to just above four days, with more than 18% orders getting delivered within two days of ordering itself. And the delivery speed differences across

BY Indian Retailer Bureau  |  May 31, 2017  |  comments ( 0 )  | 

The term retail apocalypse was coined by a US journalist referring to mass closure brick and mortar stores in the country. Since then global media focused on retail has highlighted couple of major shutdowns in the Europe and other parts of the world. Connecting the dots they started to question the foggy future of brick and mortar

BY Guest author  |  May 25, 2017  |  comments ( 0 )  | 

Driven by urbanization, attitudinal shifts and income growth, India’s retail market is expected to double from US$ 600 billion in 2015 to US$ 1 trillion by 2020 as per IBEF. The tremendous growth of e-commerce market also plays an integral role in the high scale development of the retail sector; by 2020, ecommerce will be a $700

BY Guest author  |  Apr 28, 2017  |  comments ( 0 )  | 

India is the world’s fifth-largest global destination in the retail space. The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several global and new players.The retail industry is amongst the largest industries, accounting for over 10 per cent of the country’s GDP

BY Guest author  |  Apr 13, 2017  |  comments ( 0 )  | 

With a meager amount of Rs 1,000 in his pocket, Tausif Ansari travelled to Mumbai in 2006 from Munger in Bihar. The school dropout had plenty of financial worries back at home and came to Mumbai seekinga job. His relative who resided at Dharavi made him learn the art of stitching leather bags and jackets. For three years,Tausifstitched

BY Guest author  |  Apr 10, 2017  |  comments ( 0 )  | 

Indian Malls: Then and now.. The Indian mall story began the 1990s with Spencer Plaza in Chennai, Ansal Plaza in Delhi and Crossroads in Mumbai. From these two malls to 720 malls (till second quarter of 2016) Indian malls have registered exponential growth. However, vacancy ratio in retail malls is also increasing at staggering

BY Shipra Srivastava  |  Apr 03, 2017  |  comments ( 0 )  | 

Despite rise in e-commerce business, brick and mortar stores still generate 91 per cent sales globally, a study has claimed.  "Despite the rise of e-commerce, the physical stores still draw a significant shopping crowd. In fact, 91 per cent of all retail sales are still being generated in brick-and-mortar stores,"

BY Indian Retailer Bureau  |  Mar 29, 2017  |  comments ( 0 )  | 

Consumer behavior and the way people shop are changing. Over the last several years, e-commerce has risen and there’s no longer a clear-cut distinction between bricks (store) and clicks (online shopping). It’s all just shopping. There’s increasingly an omni-channel approach to purchasing. More and more, consumers are

BY Guest author  |  Mar 15, 2017  |  comments ( 0 )  | 

For most Indian consumers have their daily lives intertwined with digital like. A report titled ‘Decoding the Digital Opportunity in Retail’ by BCG and RAI highlights by 2021 India will have more internet users than the entire population of six G7 countries. Presently, the number of internet user in the country stands 330

BY Indian Retailer Bureau  |  Feb 28, 2017  |  comments ( 0 )  | 

Ecommerce industry understands a few terms like the back of one’s hand - RoI or CIR, Conversion Rate, Customer Acquisition Cost, Customer Lifetime Value to name a few. Everything was nice and simple with the Desktop and Mobile Web was it not? You have organic channels which grow month on month and you have inorganic channels

BY Guest author  |  Feb 07, 2017  |  comments ( 0 )  | 

In this age of endless options, customer retention is a tough game. While brands are looking at innovative ways at winning customer loyalty, it often is short-lived. Devotion, which is a factor of how passionate, committed and intimate consumers feel with a retailer, is key to growing high-value, enduring relationships between people

BY Guest author  |  Feb 03, 2017  |  comments ( 0 )  | 

Retailers are going through the biggest transformation ever in the industry. Here are five major trends I believeare reshaping the retail industry and forcing retailers to reimagine their businesses.   1. Mobile devices are becoming the only devices for a large segment of consumers. According to a 2015 Google report,

BY Guest author  |  Jan 23, 2017  |  comments ( 0 )  | 

The New Year will continue to see and reap benefits from omni channel solutions and will travel further ahead in the direction of phygital retail.  Thriving in intelligent digital ecosystems, Omni channel retail will benefit businesses and customers. The more the channels, the more information we get about our customers. The more

BY Guest author  |  Jan 16, 2017  |  comments ( 0 )  |