Online Shopping In India: The Emerging Shopping Trend

The way economic boom has revolutionized the concept of online shopping all across the world, the shopping freaks are felicitating the numerable benefits from this latest introduced shopping concept like never before. The one of the many advantages of online shopping is that shopping crazy people can avail information on wide range of products under one umbrella. The icing on the cake is that customers are also offered heavy discounts and attractive gifts on the purchase of any consumer durables or utility gadgets.

In recent years, the online shopping in India has picked the great momentum boosting the business growth of the retailers who are providing online shopping services to the shopaholics. There is a growing practice among shopping lovers to hunt the best shopping deal at the comfort of being at the home. The whole new shopping experience has not only taken the world by storm but every day the new array of features rendered by the online shopping felicitators have ensured that the this completely different shopping experience will continue to benefit the customers manifold.

The research carried out by the different research agencies to know the popularity of the online shopping in India indicates the bright prospects of this latest shopping trend. The online shopping seems to soon outperform the traditional form of shopping in coming days. The advantages endowed with online shopping provide it top edge over other shopping practices in India. With the help of online shopping users can obtain information about wide range of products in a shortest span of time. The discount season is the hit season that is on through out the year on online shopping store. The increasing purchasing power of the Indian customers is set to bring the online shopping boom in India. The online shopping after bringing revolution in the metro cities is set to create sensation even in the rural areas too.

India Retail Industry: Hopes and wishes are certainly quite high

Survey and market research companies certainly need to teach the whole world the meaning of staying optimistic amidst situations which feel otherwise.

The retail sector in the India sub continent has certainly felt the brunt of recession right from its onset to this day. There have been many companies which have stopped functioning and many dreams have been put to dust.

On the realistic front, and also being absolutely impartial, it can be said that the situation is certainly one which is showing signs of revival. However, a certain research company feels that the retail industry in India in the current fiscal year will certainly witness a refreshing change in its fortune.

The figures that will be put forward in the following paragraph are all results of the research conducted by the research company and are subject to change at any time. However, they certainly do give a picture echoing the enthusiasm of the company.

It is being estimated that the monetary growth of the industry will be a stupendous one and the total worth of the Indian retail industry by the year 2010 will be Rs. 18,10,000 crore. A total amount of Rs. 2, 30,000 out of the amount of Rs. 18,10,000 will be taken by the organised sector. In other words, about 13 percent of the total monetary worth will be constituted by the organised retail sector.

According to the report that has been furnished by the research company, the above findings are based on the rising economic growth rate of 8 to 9 percent and a hike of 15 percent in the average salary. The latter is most likely to start of a new trend of consumption.