Page 244 - ICDEBI2018
P. 244
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
I
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
T
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
@ IJTSRD | Available Online @ www.ijtsrd.comwww.ijtsrd.com | Conference Issue: ICDEBI-2018 | | Oct 2018 Page: 236