Booknest.in- Online Book shop – Future outlook for E-commerce in India

According to the FDI policy guidelines, “Marketplace label of e-commerce means providing of your it platform by an e-commerce entity on a digital and electronic network to act as a facilitator between seller and buyer.”


The primary feature of this marketplace model could be that the e-commerce firm, like Amazon, Flipkart, Snapdeal, etc. supply a platform for clients to get using a large number of sellers onboard to acquire a product or service online. Thus, whenever a product from amazon is bought, you’re actually purchasing it from a registered seller from it. As such the item just isn’t directly sold by amazon. Here, amazon is simply website platform which facilitates a celebration location for the consumer to meets a lot of seller and provide various options and expense levels for the service or product.
Whereas the Inventory-led websites have specialized but limited range of products and the serious customers may join about bat roosting website for the specific range of products, including caratlane.com for precious jewellery, booknest.directly into buy books, swiggy.com for ordering food, 1mg.com for medicines etc.

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Anchor Seller plus a Level Arena
A lot of the marketplace players have anchor sellers on panel, who are either their subsidiary entities or even a large enterprise that have created privileged works with them which helps them offer money saving deals or discounts for the customers. This might will include a higher discount on products, Free freight, compensation for sales returns etc. The losses incurred on these deals /services are compensated from the Marketplace Player with a pre-agreed arrangement.
It’s easy to realize that some goods are available on the website at 40% -60% discounts that is even a hardship on the maker to supply. It’s easy to realize that you’ll find 40-50 sellers for the buy comic books but excepting one anchor seller, no one is able to supply such exciting discounts or offers. They will mask other seller completely and corner almost entire demand for these products, thereby also frustrate these multiple genuine sellers to succeed in the customers can use using honest pricing offers.
Virtually all e-commerce players are stored on the verge of re-discovering their business models and dream to become profitable sooner. Truth be told, none have been able to see anything at all in profit up to now. Many big and promising e-commerce and unicorn players have perished on account of unsustainable losses and several have been soldout to other people. Year 2017 would see many more to lock belts and keep solve this riddle lest they perish inside the race for the survival of the fittest.
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