Saturday 11 May 2013

Market Place- trend-not-so-new for Etail


Market Place, Indian Etailors' favorite crush these days


Just when procuring and warehousing and packaging of products started to appear dearly-won to Desi E-retail companies in India, focus started to shift to work on market place strategy. 



What is Market Place?

Connecting sellers directly to the buyers through a web platform/ site.

What Customers Get? 

Multiple seller options with different offers on one platform. 

How is Product Delivered? 

Either through E-retailors's own delivery facility or 3rd Party Logistics service provider (3PL)/ Courier service partners. 

With payment mechanism and delivery experience remain almost same, consumers might have to compromise with lesser margins of discounts as E-retailors charge INR 30-100 per delivery. 
Ofcourse, Market Place being cost efficient tool for E-retailors to stay in market and earn better profit margins, it can only delight consumers if product discounts actually make sense after such delivery charges.

Consumers will definitely look for

  • Saving their money with multiple seller options for same product
  • A faster, delightful and pleasant delivery experience
  • Authentic Product Replacement Warranty
  • Ease of buying products online
  • Genuineness of sellers and products


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