According to official statistics, India’s E-commerce revenue is expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at an annual rate of 51 per cent, the highest in the world. Over the last few years, dozens of websites have been launched in India to sell everything from books and appliances, to baby care products and bus tickets. As of last year, online retail sites have acquired a whopping 138 billion rupees in revenue. With social media at the forefront, e-commerce is backed to be a massive revolution in marketing and sales. No wonder then, a lot of people are looking to start their own ventures in this space. However, starting up an e-commerce business entails managing not just inventory but also logistics, order management, product marketing, customer service and web design among other things. The good news is that there are companies working in each of these individual domains to make your work easier. Everything can be customized and tweaked according to your individual requirement to make your business a success.
Below are some of the more popular and effective e-commerce business tools you may consider using to help you scale your business.
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2014 The Global Indian New Network (TGINN)