Ecommerce
The Indian e-commerce market is set to overtake the US and become the second largest in the world, going head-to-head with China for the position of biggest e-commerce market. Much of India's e-commerce growth will be the result of rising internet penetration as well as the funding by global investors.
There are three operational models in the Indian e-tailing industry:
- Inventory based
- Marketplace/MP
- Managed Marketplace
Online retailers in India need to focus on mobile platform, alternate modes of payment, reduction of fulfillment costs, last mile costs, reduction of discounts and developing a market for unique products. Ecommerce jobs in India are cropping up like wild mushrooms. The sector has immense growth potential and can help youth to carve a niche career into it.