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eCommerce Growth Drives The Logistics Sector in India
by Christie McLeod on Jun. 11, 2015
According to recent reports, the eCommerce sector will be the biggest growth factor in India’s logistics industry going forward.
ECommerce is growing at a rate of 35-40% which has led to big players increasing their eCommerce logistics departments. India’s eCommerce market is currently just over $5 billion but forecasts expect to see that grow to $300 billion in the next 15 years. Estimates also believe that by 2020, “e-tailing” will capture over 20% of the entire retail industry in India. (Source: www.bgr.in)
The Growth of eCommerce Logistics
In today’s competitive online marketplace the eCommerce industry continues to rise across the world.
Factors influencing this rise include:
- Easy Setup – with the technology available today it is a simple process to create an eCommerce store and start selling in a matter of hours.
- Sell 24/7 – as opposed to a brick and mortar storefront that has set retail hours, online stores can sell 24 hours a day, every day of the year.
- Accessibility – eCommerce business can be accessed by anyone, anytime. Reaching consumers who are interested in making a purchase, when and where they want.
- Fulfillment Options – when it comes to order fulfillment, the options are endless; eCommerce businesses can manage their own inventory and shipments, or hire a 3PL (third party logistics) company like ڰ to manage the process.
ڰ sets your business on autopilot and combines flexible, reliable fulfillment with powerful, real-time technology. ڰ has multiple fulfillment centers across the US and Canada – making it easy to manage your eCommerce business. For more information on how to set your business on autopilot, contact one of our fulfillment specialists today.
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