Business Studies, asked by shruti20201120, 7 months ago

What is the future of EMarketplace in India?

Answers

Answered by vaishnavi6267
0

Explanation:

In terms of the market, COVID has given a push to the e-commerce industry. The total volume of e-commerce orders has shot up drastically. While some of this growth might subside as normalization starts, I believe there are some permanent changes that have taken place. Some categories like Ayurveda and pharma have seen almost 3x increase in order volumes, which foresee would be permanent changes. Customer behaviour of first time/irregular buyers have been affected and this might create a new set of customers for e-commerce.

As far as logistics is concerned, the industry has shown its mettle. From starting operations and delivering essential items with just 25% workforce to serving a surge in demand with a 50% workforce, the response has been commendable. No doubt the performance has taken a hit, but things are getting back to normal. Air transport might still not be feasible for most logistics companies but improvements have been happening in the surface mode of transport in line to decrease TATs and performance in general.

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Answered by sam0944
0

Answer:

As per a study in the year 2018, India comprised 483 million internet users, and this figure is supposed to grow to 666.4 million internet users by the end of 2023.

Hence, the future of digital marketing has increasingly high scope for all those who have a flair for marketing, connecting, socializing, and convincing people to buy various goods and hire services through stores online.

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