ONLINE SHOPPING SITES IN INDIA! trending 10?
Leading online shopping sites in India compete amongst themselves. Thanks to us, the 130 billion Indians. Online shopping has by far crept into the Indian population & is increasing in a good pace. This business has a long term prospect in individual segments or categories. In a country like India with over 1.3 billion people, its sure shot a win-win situation for all the competitive sites. To touch even 1% of the population as a big success to get to the top 10 online shopping sites in India. Not so long ago, the Indian audience was wary of shopping online owing to potential thefts, misuse of private data, etc. But now, with time, people are growing interests in smart phones and devices and internet and now opt to buy most of the things online, likely reasons are:
Online shopping sites in India: trends
What trends are observe din online shopping sites in India? The items are cheaper in online shop then in a retail shop. Most of the products have additional offers. Shopping an item without physically seeing or trying it is a worthy risk due to healthy exchange & return policies. As well as e-payment methods by cards, net banking or wallets or even cash on delivery. Government Policies also did boost the market further including the FDI policy in B2B e-commerce.
There are so many examples of successful online startups in necessary niche markets. These have become household names, thanks to their good service and wonderful advertisement policies. Some of them include market sites like amazon and flipcart. Food delivery services like Swiggy, Zomato. Book movie/show tickets at BookMyShow. Travel/hospitality sites like MakeMyTrip, Goibibo, online grocery stores like Grofers and Big Basket. Fashion and clothing like BIBA, myntra and many more such examples
Some of the bright examples of online shopping sites in India
There are so many examples of successful online shopping site startups in necessary niche markets. These have become household names, thanks to their good service and wonderful advertisement policies. Some of them include market sites like amazon and flipcart. Food delivery services like Swiggy, Zomato. Book movie/show tickets at BookMyShow. Travel/hospitality sites like MakeMyTrip, Goibibo, online grocery stores like Grofers and Big Basket. Fashion and clothing like BIBA, myntra and many more such examples
Online shopping sites in India?
Big players of online shopping sites in India. It was only last year (2019) during Diwali, when the online sites made more profit compared to retail stores in India. Only Amazon and Flipkart were the largest players in the segment and had bumper sales. The festive period in India is commonly a discounted rate market with offers. Still, the two giants managed to generate three billion U.S. dollars in gross merchandise value within this market. In short, India has come a long way from being a country of wary online shoppers to a country of millions. Smartphones are also one of the important factors which supported the transition to mobile shopping to such a great level that then it was estimated that every third Indian, shopping online, does it using a smartphone.
It is also to be noted that much before online retailing became popular in India, match-making services were and continue to be an important part of the online services market. Bharat Matrimony, Jeevan Saathi etc were major players in this sector in the market while their revenues largely remain untouched even with the emergence of dating apps.
Digitization in India: Online shopping sites
..has made a remarkable lift powered by the Digital India initiative by the Government of India. Recently, this year, the pandemic COVID-19 did blow a severe impact on the economy since the lockdown from 3rd week of March 2020 and still counting. But at the same time, this boosted online marketing and payments due to home confinement measures. Expected by next 5 years, the government’s aim to create a trillion-dollar digital economy might become a reality after all.
– Amazon.in completed 7 years in India. As per statistics of similarweb.com almost 90% of the traffic in amazon is from India. The Nielsen study showed that Amazon had “the highest share of online transacting customers at 51%, order share of 42%, and value share of 45% across all marketplaces in India”. It may be a good place for long term investment with bigger prospects in e-commerce business in coming years. visit best rated products from amazon.in. This is one of the leading online shopping sites in India
Flipcart online shopping was founded by Sachin Bansal and Binny Bansal in 2007. In August 2018, U.S.-based retail chain Walmart acquired a 77% controlling stake in In India, almost entire country is dependent on Flipkart also for nearly all their shopping needs. Flipkart e-mall has almost everything to offer including gift vouchers. It is even said that one can find more items on Flipkart e-mall than in a actual AC mall. Hence, Indian traffic more tends towards Flipkart for their shopping needs. As per economictimes, both flipcart & amazon almost secure 90% of the market sales last festive month in October 2019. They together did a business of Rs. 19,000 crores in only 6 days, flipcart being the leading shareholder. This is one of the leading online shopping sites in India
Snapdeal is a Indian website and is often preferred by the Indian masses for its competitive/reasonable rates. It sells products at quite low prices, and hence, is a mass favorite. For sometime, Snapdeal was counted in the top three e-commerce companies in India when it began to lose ground to Amazon and Flipkart after a certain period of time. According to media reports, the market share of the company fell abruptly to 4 percent in 2017 from about 24-25 percent in 2015.
Jabong.com is an American brand while still doing quite good in Indian market. It has a good stock of fashion clothing and accessories for sale. It has collection of all kinds of products, right from western wear to desi Kurtis. The market share of Jabong is at around 1.7% according to a Forester report on the online retail market published in May this year. However, Jabong is excessively preferred by women shoppers then men.
An equally large number of women favor myntra over jabong. Myntra online shopping also has a large collection of accessories and clothes on its online portal. With a wide category strength as well, one can buy from a category of their choices. May it be western or ethnic, modern or traditional, big variety of clothes are found on myntra. The market share of myntra is at around 4.7% according to a Forrester report on the online retail marketpublished in May this year. This is one of the leading online shopping sites in India for fashion.
As per tycoonstory.com, this is also an equally popular website amongst Indian masses. People who would prefer the reward of a competitive price while a little extra waiting sometimes for delivery, this is the right place. Most of the time, the cheapest of items and the remotest of items are easily found on homeshop18.com. Thus, this site also has an equally large number of shoppers other than when something is required on an emergency, you may not get express deliveries. According to media sources, HomeShop18’srevenues are at around 70M$ while its top competitors are Naaptol, Shop LC and TVC Skyshop. homesho18.com – This website is for sale!
ShopClues is also a e-commerce website . Its is owned by Clues Network Pvt. Ltd. It is famous for their heavily discounted best shopping deals and is one of the best online stores. It offers a wide variety of cameras, Computer accessories, Mobile, Gift, Jewellery, Cosmetics, toys, clothes, books and bags. The company claims to have over 600,000 merchants and 28 million products on its platform, serving over 32,000 pincodes across the country. It is heard that around 70% of its GMV (Gross Merchandising Value) is from the smaller cities-Tier – II and Tier – III.
FirstCry is a baby care and kids product e-commerce website. They include bags, toys, lunch boxes, apparels, diapers and footwear. It is India’s largest store for Kids selling about 70000+ items from 400+ top International and Indian brands.Though people feel they should have more products and options and offers. FirstCry’s top competitors are Hopscotch, PinkBlueIndia and Primary Kids. The revenue is around 30M $ and a market share of 40%. This is one of the leading online shopping sites in India for kid products.
Infibeam is an internet and e-commerce conglomerate based in India. It includes online retailing, e-commerce software and internet services. The company is headquartered in Ahmedabad, India. It deals in online retailing of books, electronics, and automobiles in India. The company was started in 2007. It has a total of 1300 employees and offices in Ahmedabad, Delhi, Mumbai and Bangalore. As per media reports, it has a revenue at around Rs. 300 crores.
Naaptol has become one of India’s largest comparison based social shopping portal. It is a one-stop destination for shoppers, merchants and market enthusiasts, that binds buyers and sellers in a lucrative network. the journey from a one digit number to an organization of a massive 3 digit is not easy. They strive each day to deliver smiles across the country. As per media reports, their revenue is around Rs. 720 crores and a market share of 25-30% in India.
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So, those were some of the best online shopping sites in India. You chose anyone and shop what you want…
Note: All the above info… are from media internet and search engines… Author has not added or modified any facts from his/her own…