In the future, e-commerce will further confirm itself a major tool of sale. Each year number of e-commerce deals grows tremendously. Sales volumes of on-line stores are more than comparable with those of “brick and mortar” ones. Mainly in developed countries, and the tendency will continue because a lot of people are imprisoned by work and household duties, while internet saves a lot of time and gives opportunity to choose goods at the best prices.
Present day, internet sales boom is the foundation for magnificent e-commerce future. To attract more customers e-store owners will have not only to increase the number of available services, but to pay more attention to such elements like attractive design, user-friendliness, their businesses to become parts of e-commerce future.
E-commerce in India
India is showing tremendous growth in the Ecommerce. The low cost of the PC and the growing use of the Internet is one of reasons for that. There is a growing awareness among the business community in India about the opportunities offered by e-Commerce. The future does look very bright for ecommerce in India with even the stock exchanges coming online providing a online stock portfolio and status with a fifteen minute delay in prices. In the next 3 to 5 years, India will have 30 to 70 million Internet users which will equal, if not surpass, many of the developed countries. through, e-commerce customers can purchase anything right from a car or sitting comfortably in the room and gift send to someone sitting miles apart just by click of a mouse.
Rival tradeindia.com has 700,000 registered buyers and it has the growth rate of 35% every year which is likely to double in the year 2010. Indiamart.com claims revenues of Rs. 38 crores and has a growing rate of 50 every year. It receives around 500,000 enquiries per month. Undoubtedly, with the middle class of 288 million people, online shopping shows unlimited potential in India. The