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International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN:International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN:nternational Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470 | IF: 4.101
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        In  terms  of  diversity  of  Ecommerce  number  of In  terms  of  diversity  of  Ecommerce  number  of  tied  to  a  growing  base  of  digital  buyers  or  online tied  to  a  growing  base  of  digital  buyers  or  online
        companies  have  been  developed  and  entered  India companies  have  been  developed  and  entered  India  buyers.
        during  last  five  years.  In  the  range  of  products  and during  last  five  years.  In  the  range  of  products  and
        services  also  there  is  a  continuous  addition  to  the services  also  there  is  a  continuous  addition  to  the  The  digital  platforms  used  by  Ecommerce The  digital  platforms  used  by  Ecommerce
        economy.  Snapdeal.com,  Amazon.com,  Flipkart.com economy.  Snapdeal.com,  Amazon.com,  Flipkart.com  Companies:
        (now with Wal-Mart). BigBasket.com, FirstCry.com,Mart). BigBasket.com, FirstCry.com,  The  consumers  all  over  the  world  have  become The  consumers  all  over  the  world  have  become
        Zovi.com,  Uber.com,  olacabs.com,  Cloudacar.comCloudacar.com,  digitally  active  and  expect  the  digitalization  of  most digitally  active  and  expect  the  digitalization  of  most
        quickr.com,  olx.in,  cloudBuy.com,  tolexo.com, .in,  cloudBuy.com,  tolexo.com,  of the needs of their life. The digital solutions for the their life. The digital solutions for the
        industrybuying.com, industrybuying.com,   power2sme.com,power2sme.com,  needs of the common people have been continuously needs of the common people have been continuously
        Amazonbusiness.com,  Retailers  Shoppers  Stop  Ltd., Retailers  Shoppers  Stop  Ltd.,  increasing.  Changing  customer  behavior  is  another increasing.  Changing  customer  behavior  is  another
        Infiniti Retail Limited and the range is increasing to Infiniti Retail Limited and the range is increasing to  significant  factor  which  every  service  or  product significant  factor  which  every  service  or  product
        cover  multiple  sectors  such  as  travel,  education, cover  multiple  sectors  such  as  travel,  education,  manufacturer  as  well  as  provider  will  take  in  to manufacturer  as  well  as  provider  will  take  in  to
        fashion, healthcare, real estate, furniture, grocery and real estate, furniture, grocery and  consideration  before  taking  any  other  business efore  taking  any  other  business
        food  products,  entertainment  and  many  more.  The food  products,  entertainment  and  many  more.  The  decision. Customers spend the majority of their time decision. Customers spend the majority of their time
        prominent prominent   names names   include, include,   Makemytrip.com, Makemytrip.com,  on  digital  (e.g.  social,  messaging)  platforms.  Hence, on  digital  (e.g.  social,  messaging)  platforms.  Hence,
                                                                               companies, ompanies,
        yatra.com,  cleartrip.com,  goibibo.com  Online  Real yatra.com,  cleartrip.com,  goibibo.com  Online  Real  Ecommerce Ecommerce   c  f financial inancial   institutions, nstitutions,
                                                                                                         i
        Estate Estate   Magicbricks.com, Magicbricks.com,   99acres.com, 99acres.com,  educational  institutions,  healthcare  providers  must educational  institutions,  healthcare  providers  must
        commonfloor.com,  Housing.com  Online  Fashioncommonfloor.com,  Housing.com  Online  Fashion  position  themselves  where  their  customers  are,  and where  their  customers  are,  and
        Jabong.com,  Myntra.com,  Zovi.com,  yepme.com, Jabong.com,  Myntra.com,  Zovi.com,  yepme.com,  create  a  corresponding  digital  platform  strategy create  a  corresponding  digital  platform  strategy
        limeroad.com, limeroad.com,   Fabfurnish.com, Fabfurnish.com,   Pepperfry.com, Pepperfry.com,  relevant  for  their  market  position,  customer  service relevant  for  their  market  position,  customer  service
        Online  Furniture  urbanladder.com  Online  Education Online  Furniture  urbanladder.com  Online  Education  proposition and strategic objectives.proposition and strategic objectives.
        Purple  Squirrel  Eduventures  ,  Plancess.com  Online Purple  Squirrel  Eduventures  ,  Plancess.com  Online
        Food  and  grocery  Zomato.com,  Foodpanda.in, Food  and  grocery  Zomato.com,  Foodpanda.in,  From  the  digital  platform  provider's  perspective, From  the  digital  platform  provider's  perspective,
                                                                partnerships  with  Ecommerce  companartnerships  with  Ecommerce  companies  help  create
        TinyOwl.com, BigBasket.com, Grofers.com etc. .com, Grofers.com etc.    p
                                                                a
                                                                an  ecosystem  where  customers  need  not  leave  their n  ecosystem  where  customers  need  not  leave  their
                                                                home  or  work  place  if  they  need  anything  and  thus ome  or  work  place  if  they  need  anything  and  thus
        Worldwide Development of Ecommerce: Worldwide Development of Ecommerce:    h
                                                                b
        UNCTAD  conference  2017  paper  on,  ‘UNCTAD  conference  2017  paper  on,  ‘E-  become a tension free part of their lives. The creation ecome a tension free part of their lives. The creation
        Commerce: Global trends and developments’ byCommerce: Global trends and developments’ by   o
                                                                of  online  payment  gateways  and  the  online  banking f  online  payment  gateways  and  the  online  banking
        Sven  Callebaut  Lead  Consultant,  eTrade  Readiness Lead  Consultant,  eTrade  Readiness  services  as  well  as  other  online  pservices  as  well  as  other  online  payment  service
        Assessments  Division  on  Technology  and  Logistics, Division  on  Technology  and  Logistics,  providers like Paytm have become the important part providers like Paytm have become the important part
        has  presented  the  data  collected  from the  data  collected  from  US  Census  of the Ecommerce ecosystem. As the economy started of the Ecommerce ecosystem. As the economy started
        Bureau;  Japan  Ministry  of  Economy,  Trade  and Bureau;  Japan  Ministry  of  Economy,  Trade  and  to grow more demanding for digital transactions more to grow more demanding for digital transactions more
        Industry;  China  Bureau  of  Statistics;  KOSTAT Industry;  China  Bureau  of  Statistics;  KOSTAT  platforms  came  in  to  market.  The  two  sided  simple platforms  came  in  to  market.  The  two  sided  simple
        (Republic of Korea); EUROSTAT (for Germany); UK (Republic of Korea); EUROSTAT (for Germany); UK  buyer  seller  platforms  are  now  replbuyer  seller  platforms  are  now  replaced  by  multi-
        Office  of  National  Statistics;  INSEE  (France); Office  of  National  Statistics;  INSEE  (France);  sided platforms that bring together consumers, service sided platforms that bring together consumers, service
        Statistics Canada; Australian Bureau of Statistics and of Statistics and  providers  and  stakeholders  to  facilitate  value providers  and  stakeholders  to  facilitate  value
        INE  (Spain),  which  shows  the  world  wide  trends  in INE  (Spain),  which  shows  the  world  wide  trends  in  exchange as part of a larger ecosystem. All the agents exchange as part of a larger ecosystem. All the agents
        major  ecommerce  markets.  In  USA  Ecommerce  is major  ecommerce  markets.  In  USA  Ecommerce  is  of the Ecommerce ecosystem actively contribute to its of the Ecommerce ecosystem actively contribute to its
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        39%  of  GDP,  in  Japan  60%,  China  18%,  Korean 39%  of  GDP,  in  Japan  60%,  China  18%,  Korean  development. development.   The he   digitalized igitalized   ad advertising   by
                                                                                       d
        Republic 84%, Germany 27%, UK 30%, France 23%, Republic 84%, Germany 27%, UK 30%, France 23%,  Ecommerce  companies  is  another  area  where  digital Ecommerce  companies  is  another  area  where  digital
        Canada  26%,  Spain  20%  and  Australia  16%. Canada  26%,  Spain  20%  and  Australia  16%.  platforms are widely used but since consumers do not platforms are widely used but since consumers do not
        Ecommerce as a percentage of GDP has increased in s a percentage of GDP has increased in  directly  come  into  contact  with  these  digital directly  come  into  contact  with  these  digital
        Developed  countries  and  also  in  the  Developing Developed  countries  and  also  in  the  Developing  advertising  platforms  as  they  remain  in  the advertising  platforms  as  they  remain  in  the
        countries. The eMarketer had predicted in July 2014 countries. The eMarketer had predicted in July 2014  background there is less awareness about it. background there is less awareness about it.
        that the B2C Ecommerce Sales world Wide over the that the B2C Ecommerce Sales world Wide over the
        period from 2013 to 2018 would increase from $1.233 period from 2013 to 2018 would increase from $1.233  Ecommerce at Amazon:
        Trillion to $2.356. While during this period the share 6. While during this period the share  The digital platform used by the biggest Ecommerce The digital platform used by the biggest Ecommerce
        of  Asia-Pacific  region  would  be  highest  i.e.  37.4% Pacific  region  would  be  highest  i.e.  37.4%  Company  Amazon  is  its  own  creation.  It  does  not Company  Amazon  is  its  own  creation.  It  does  not
        while  that  of  North  America  would  be  30.6%  and while  that  of  North  America  would  be  30.6%  and  make use of digital solutions created by others for its make use of digital solutions created by others for its
        Western  Europe  would  be  22.7%.  The  AsiaWestern  Europe  would  be  22.7%.  The  Asia-Pacific  main online retail platform. It is done through AWS main online retail platform. It is done through AWS
        region  is  expected  to  become  leading  region  in region  is  expected  to  become  leading  region  in  that is Amazon Web servicesWeb services. 10 years ago, Amazon
        ecommerce sales. The increase of ecommerce sales is ease of ecommerce sales is  Web Services, the cloud Infrastructure as a Service arm , the cloud Infrastructure as a Service arm


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