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Retail & Supply Chain Professionals

 
Created by : Akhilesh Majumdar, Logistics Manager, Tesco  | 09 03 2008 10:24:38 +0000
Industry : Retail Chain/LogisticsFunctional Area : Consumer Sales(Sales & Marketing)
Keywords : INDIA Retail ONLINE Ever Pick
Activity:  878 views;  last activity : 11 27 2010 13:06:01 +0000
I want to know about your ideas (views) on Online Retail.
 
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Top Argument
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Ya online retail will surely pick up in India. As we all work round the clock we don't find much of a time to walk to the retail shop and purchase durables. We also have started booking tickets online, in my case I always book tickets online rather than going to an airport as we can get the best deal out here.Also I use online stores to send gifts to my relatives.
By Sudhansu Jena, Logistics Manager, Target  10 24 2008 12:48:27 +0000
 
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I agree Akhilesh!

Also add to it the fact that Indian portals do not offer the kind of security and the range for you to seriously consider going online making a buy and then be peaceful that your delivery would be effected after the payments are made!!

I am not so comfortable buying things surrealy. I would like it to be felt, seen and physically taken to my abode!


By Makrand Bhave, AGM - Corporate Business, E18, part of Network 18 Group  05 26 2009 09:11:22 +0000
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You are right Japan the product & services which we can sense before buying are preferred to be purchased on line.With continuous assurance and a sense of security,people would have less apprehension in making the purchase online.


By Tarun Salyan, Sales/BD Manager, CIE Ltd.  | 09 22 2009 07:10:07 +0000
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Yes in the near future online retail will definitely pickup in India.

Its taking some time due to factors like lower PC penetration, Security concerns over online transactions , un organised distribution setup etc. However the good news is that things are improving & with the introduction of net over the phone & ability to pay using mobile phones will increase the online retail considering that our mobile penetration is growing even in rural areas. Also the recently introduced secure code by Credit Card Companies will help in eliminating the fear of online transaction. 

I see a humongous potentetial for this towqrds the 2nd half of the next decade.


By Girish M Nair, Deputy Sales Manager - Route Development, DSV Air & Sea Pvt Ltd.  | 09 21 2009 13:42:27 +0000
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Surely online retail is set to grow but growth would be confined more to estblished brands and services where features are either controled and assured by parent company or can be sensed on the monitor.For new or less established ones,it is still a far cry.


By Tarun Salyan, Sales/BD Manager, CIE Ltd.  | 09 19 2009 10:01:10 +0000
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Certainly, it is picking up. The internet is spreading in every nook and corner of the country. The same time a lot of payment options are available cr- dbt cards, net banking, cod, dd, cheque. Also it saves on time and money to buy from an online store.


By Chetanram G. Shewale, Buying and Merchandising - Ecommerce, Crossword Bookstores Ltd  | 09 15 2009 05:29:43 +0000
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Yes it will surely pick up. As we get more and more busy the need definately will keep going up. Furter as payment gateways get more secure, plastic cards become more prevalent the propensity to pay thru the net will be more of the order of the day. Of course in India one factor which needs to be overcome is the need for the consumer to "touch & feel" before buying. I feel gifting is a concept which can be really promote onlne as it saves the sender a lot of time at the same time conveying his emotional connect with the recipient.

A lot ot product categories for eg watches, mobile phones TVs etc can be easily promoted through online which also protects the interest of the consumers from fake or spurious vendors in the high streets retail outlets.

It is just a matter of time when this catches up and with the rate of increase in internet penetration this is bound to go grow exponentially.

From the manufacturers point of view this is a very cost effective way of reaching out to consumers with lesser dependence on channel partners.

My grey cells are ticking with a lot of ideas on this subject for quite sometime now!!!!!!!

 


By Parasuram Iyer, Head/VP/GM-Sales Bahwan Trading Co LLC  | 09 14 2009 15:10:35 +0000
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The online retail is picking up and has to go long way in India.. The reasons are the number of net users are incereasing , also there are very lucrative schemes on the net, the secured payment gateways are also there.

The consumer goods, Mobile phones are standard and nothing will change one buys from the net or from the store, but if he buys from the net he gets good discounts, schemes, free bees, etc.

Thus, i believe that the online retail business has to go a long way in India.


By Japan Shah, H.O.D, Oxford School of Management  | 05 26 2009 09:34:30 +0000
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In India people have started using Online stores for there durables shopping since it is slightly cheaper than going to a store and purchase. i know that the percentage is very less but this will catch up according to me in future.
By Shailena Varma, Logistics Manager, Target  | 09 03 2008 10:26:57 +0000
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Not at all.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 11 27 2010 13:06:00 +0000
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Thanks Makrand for supporting me, I agree to you security is one issue and still most of us would like to feel the product before buying it.

I donot agree to Japan Shah, I know that the number of internet users are increasing but do they really go in for e-shopping? In India still the shopping is done by women and  the ratio of women using internet is very less. And the point regarding offers, they are also available at retail outlets..


By Akhilesh Majumdar, Logistics Manager, Tesco  | 05 26 2009 12:21:50 +0000
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Well Shailena you are only talking about durables and I can guarantee you that the trend would never come of age in case of any commodity and that for retail would die soon.
By Vijay Sharma, Logistics Manager, Reliance retail  | 09 03 2008 22:38:39 +0000
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We Indians have a mentality of touching a thing before purchasing it. so I don't think so that it will change or we don't want to change this. So it will not.
By Akhilesh Majumdar, Logistics Manager, Tesco  | 09 03 2008 10:24:38 +0000
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