Is E-commerce Business Profitable In India ?

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Is E-commerce Business Profitable In India ? 

The answer for this question is absolutely YES ! 

E-commerce business


In this blog series we will cover major concepts of E-commerce.

What is a E-commerce Business ?

E-commerce is the buying and selling of good or services via the internet, and the transfer of money and data to complete the sales. It's also known as electronic commerce or internet commerce.

Types of E-commerce Business Models -: 

There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer). There's also B2G (Business-to-Government), but it is often lumped in with B2B.

Toolkit Of A Good E-commerce Business -:

1) A Great Website (A Good design makes the consumer to learn more)
2) Great Website Speed 
3) SSL certificate
4) Business Email 
5) Social Proof Of your business ( Accounts on social media platforms for marketing purpose)
6) Delivery Partner Of COD facility 
7) Hassle free Returns ( With No questions asked Policy )
8) A Great Logistics Partner (For managing inventory)
9) A trusted payment partner like stripe (For UK , USA) and Razor Pay (For India) along with cash on delivery option.
10) A Good Marketing Team For marketing you product rightly.
Is E-commerce Business Profitable In India?

How much cost occur to build a World Class Online Store ?


Speaking Honestly there are many free tools you can use to build a store basically for free or minimum 100$. But if you want to build a world class store with the all the required facilities in it. It costs atleast 1000$ and the range goes on. But 1000$ is must to build and automate an online e-commerce store.

Benefits of converting your store into an online store ( e-commerce )

Besides being able to shop from the comfort of your home, many online stores offer low or no shipping charges and free ship-to-store options.

Other advantages of shopping online include:

Always being open

Saving on gas

No parking hassles

No aggressive salespeople or annoying crowds

No waiting in long lines to check out.

Instead of these advantages many online stores provide huge discounts at their beginning to make a mark.

We'll bring another blog on the same topic next Monday to extend further.
Till then Make sure to subscribe to our Blog and follow us on social media [link is in follow us page]

Thank you
Team The Economy Man







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