Interestingly while Walmart India is presently in no mood to taste water in the country's food-only retail biz, its arch rival in US and now in India, Amazon has received 100% FDI in Indian food retail biz lately.
Machine learning can effortlessly quantify buying behavior over and over again, each time digging deeper into trends. In nutshell, it is a powerful tool to recommend what your customers didn't know they wanted.
In a country like India where parents prefer buying cotton made products for their kids, kids belonging to the age group of 8- 14 years contribute maximum to the market share in terms of revenue generation.
These e-commerce tech giants have helped connect the buyer and seller, thereby protecting some of the most ancient and even dying arts/tradition and products. All you need as a customer is a smartphone and glance through your various choices and once the
With the volume of e-commerce transactions growing at an astounding pace all eyes are under the lens are on the logistics industry and its growth and innovation is being looked upon as a key step for survival.
Today it's not just about having an online presence. Big brands are making sure to follow a hybrid retail model wherein they will not only have an online presence, but will also be present offline through physical stores.
A joint study done by Assocham and Deloitte sheds light on how increasing mobile and internet penetration push into new international markets by ebusinesses are the major drivers of the unprecedented growth in e-commerce.