"Carefully selected English Essays written in a logical manner, to help streamline thought process of the serious minded civil service aspirants."
ESSAY: ONE
On-line Retail
There has been a sudden spurt in on-line sales , thus
sending a shudder down the spine of the
conventional retail businesses. The trend had been gradually picking up, but
the festive season this year has nose dived sales across markets. On-line
buying on portals like Amazon, Flipkart, Snapdeal etc., has picked up and
caught the buyer’s attention.
Heavy Discounts offered by these on-line companies have made
competition cry foul. But then with
opening of the economy, ushering in of the reform processes and with the advent
of internet, this was bound to happen. The
retail supply chain has been curtailed and costs cut. Prime space
rentals are no longer a pre-requisite for the retail business to reach out to
their global customers. The global reach has further transcended all
geographical boundaries and opened up larger markets.
Increasing on-line access through cheap smart phones has
given the consumer to buy at his finger tips.The inexorable progress in
technology is bound to change the face of retailing in India .
The power of internet has leveled the playing field, giving
equal opportunity to small and big players as well as to the rural and urban
consumer to satiate their buying appetite.
The ease of payment coupled with alternative modes of
payment has made the buying experience all the more exciting. The credit and
debit cards galore along with tempting pay-back offers.
The wide range of goods and services that are on offer is mind boggling. They
range from cars, mobiles, furniture, watches, dresses to salon and matrimonial
services . They provide you with door-step delivery from the comfort of your
house. You can have your favorite pizza delivered steaming hot and your movie
and flight tickets booked and received on-line.
However, the picture, is not all that rosy as it appears to
be. The internet is yet to penetrate the mass consumer base. It is prone to disruption, breakdown,
slow speed, hacking and cyber-crimes. It also has a nuisance value and can be
addicting. Cyber-tracking may cause
irritating pop-ups that can be irksome.
Another aspect still impacting consumer behavior are the
traditional practices. Families still prefer going shopping in groups. They
would prefer to feel the goods and even try them on before paying for the same. Such shopping experiences are eagerly awaited
by the traditional families. Festive shopping assumes great significance.
A number of fake products have flooded the markets, thereby
eroding the faith of consumers on on-line shopping. Failed deliveries, delays
and damaged goods etc are some of the other irritants keeping the shoppers
away.
From the Government’s concern is the issue of regulating and
monitoring tax evasion. Some regulatory measures are soon expected tat may
dampen the enthusiasm.
Never the less, No one can stop an idea whose time has come.
On-line shopping is bound to be the next big thing. The businesses need to gear
themselves up for the change from the brick and mortar mode to the click and
click mode sooner or later and all other support systems will have to gear
themselves up to fall in line with online experience. Smart cities, will
further beef up the scenario in times to come.
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