| | AUGUST 20218The Future Of Online Retail!A few people will have performed many internet purchases by the time you finish reading this article. With a few clicks here and there, they'll be on their way to receiving their package within a day or two. It also saves people the trouble of leaving their apartment to go out and look for the product. For day-to-day transactions, Indians have turned to the convenience of online payments.The expansion of Online Retail has been encouraged over the years, and it has now grown into a billion-dollar sector.Since its start, online retail has come a long way. The prospects for Internet retail have never looked bright.Here are a few reasons why the online retail landscape is shifting:· Campaigns for Digital India:With the "Digital India" programme, the Indian government attempted to improve online infrastructure by extending internet connections in rural areas. It appears that their efforts are beginning to bear fruit. The number of people using the internet is steadily increasing.The number of people using the internet is steadily increasing. The government's initiative has assured that eCommerce is moving in the right manner.· Safe Payment Gateways: The latest trends include one-touch payments, fast transfers, e-wallets, and more. Passwords and security answers no longer need to be remembered. Passwords and security answers no longer need to be remembered. Indian banks provide sufficient assistance to users in order to make payments more secure and efficient.· Product Returns and Exchanges are No Longer a Problem: Product returns and exchanges are no longer a problem. Returns and exchanges accounted for a significant portion of the logistics cost, which was an additional hardship for eCommerce businesses. However, after the introduction of courier aggregators, RTO (return to origin) rates are 10-15% lower than forward charges. As a result, internet retailers have been able to provide greater services to their clients.By Sanjay Desai, Director, Fabcurate.comExpertised in sales, marketing, and technology with outstanding strategic involvement, determined and planning for achievement has helped him in catering huge numbers.IN MY OPINIONSanjay Desai, Director
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