January 6, 2020

Competition and Industry News

Planning to buy home decor online? Here’s what is most popular on the shopping portalsedit

As we start a new year and a new decade, keeping your surroundings fresh and new is also essential to make you feel motivated.  Wing chairs made it to the popular decor trends of 2019 and are sure to stay in 2020. These chairs are perfect for awkward corners and also room seating. Available in beautiful upholstery and trendy designs, by adding this one chair in your house, you can bring an attractive change in your ambience.

Publication  : The Times of India 

Date : January 03, 2020

furniture
The Emerging Challenges For E-commerce Startups In 2020edit

The e-commerce industry is a fast-growing sector with demand going through the roof and more people adopting this stress-free method of shopping. In 2015, the e-commerce retail sales amounted to over $340 billion and by 2019 the total sales are projected to be double that amount. This means more people are getting to know about this industry and so much more are also striving to carve a niche for themselves by opening up online retail stores. The e-commerce industry as a newcomer is bound to face certain challenges ranging from economical to technological down to the social sphere.

Publication : Entrepreneur

Date : January 03, 2020

challengesE-commerce
E-commerce cos may get to upload GST e-invoice for vendorsedit

In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for vendors under the goods and services tax (GST) framework. As part of ongoing trials of e-invoicing, a detailed set of clarifications in the form of frequently asked questions have been issued.  “Ecommerce operator can request for e-invoice on behalf of supplier,” the clarification said. The matter has been taken up by the government and could be allowed once the trial period is over, a government official told ET.

Publication : The Economic Times

Date : January 04, 2020

 

E-commerceGST
Five Predictions For E-Commerce In 2020edit

The world of e-commerce is rapidly changing. It’s simply irresponsible to rest on your laurels if you find yourself in this space. Strategies that worked in the early 2000s probably didn’t work too well in the ’10s. The same could be said for current marketing tactics that might become antiquated in the ’20s. Technological advancements brought down shipping fees, sped up shipping timelines, made the checkout process smoother and helped merchants find consumers where they are most ready to make a purchase, among many other things.

Publication: Forbes

Date: January 03, 2020

E-commerce
The biggest challenge facing e-commerce sector in India & how to overcome itedit

India’s retail market is estimated to be worth $600 billion. Today e-commerce comprises only 5% of the total. Compare that to the 15% stake e-commerce has in the US market, and it becomes clear there’s still plenty of room for growth. Despite efforts like ‘Digital India’, affordability of smartphones and data packages, vast sections of India’s population have yet to come online.

Publication: The Economic Times

Date: January 3, 2020

Digital IndiaE-commerce
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