SlideShare une entreprise Scribd logo
1  sur  5
Télécharger pour lire hors ligne
Opportunities in Apparel E-Tailing
Ecommerce is a buzz these days & a lot has been happening across its various
domains. From large firms, corporations to small-mid cap businesses, many have
cropped up to take the advantage of this thriving industry which is concurrent to
the latest trends.
Nowadays, people often watch over latest styles & fashion online rather than
going to a store first. The aspect of convenience; sitting back at home and
catching up on every thing new, is driving greater interest and participation
among consumers besides providing businesses an opportunity to grow and
connect.
The apparel industry is one of the most profit making sector in terms on
generating revenue, investment and trade. Due to its product variance & short
life-cycle, it makes it to the top of Ideal business models, where expected profit
margins are very high. According to a Mckinsey report, Apparel is the most
profitable segment of the Indian retail market (a calculated 35%-40%) followed by
Food. Similar dominance has also been observed online.
Currently, apparel is the largest segment of the Indian online retail and has
earned investment over $ 70 Million within the last two years. With growing
consumer base year on year, apparel e-tailing is surely poised for a boom.
If you’re a business involved or interested in this segment, then perhaps, you
have an opportunity to create your own niche in the market and claim a very
satisfying share of the online retail pie.
Online retail is a boon to retailers who wish to expand their business without
much of investment as a viable sales channel. Clientele is limited for those
operating physical stores but can be expanded with adoption of an online
business model which increases reach and exposure in addition to sales and
brand awareness.
According to a report by Technopak, “The Internet’s ubiquity gives online brands
the capability to reach all Indians, even those with no access to an online payment
facility, as most brands offer Cash-on-Delivery(COD)options, offering them the
luxury of seeing the product before making payment for it.”
The way it has shaped the Indian online Market
Competition in the look good- feel good market has intensified over the last 2-3
years resulting in an exhibition of monstrous collections of apparels and
accessories. Likewise, consumers have also thronged the marketplace to seek new
variety & discounts. Discounts and offers have remained the most influencing
factors of all of them.
Highlights:
Internet and Mobile Association of India says that “Indian ecommerce is growing
at an average rate of 70% annually and has grown over 500% in the last 3 years..”
Indian Online Apparel Industry is expected to grow tremendously from a current
$15 Million market to $200 Million by 2015, a staggering 13 fold growth within a
year.
In India, 26% of all searches over online media (Google, Yahoo, Ask, Bing &
others) are in relation to Apparel products which equals the demand in USA,
Japan and Germany.
India is one of the fastest growing tech savvy nations with over 80 Million Internet
users & 10 Million shoppers. Internet users are expected to reach 240 Million by
2015.
India stands at No. 2 in Social Networking. Apparel Industry to be affected
tremendously by peer recommendation and fan following on Social networking
sites.
Over $70 Million dollar investment within the last two years in the Apparel e-
tailing space.
According to PriceGrabber.com, more than 65% of online users feel comfortable
purchasing Apparel products.
Gifting has become easy through online medium where Clothes and Fashion
accessories make up a substantial portion of all gifts which are sent and received
worldwide.
Investment in terms of business expansion is considerably less compared to an
exclusive store. It saves you on physical infrastructure and headcounts.
This costs can be further diverted to obtain larger volumes with variety. Larger
volumes will in return obtain larger market share. Larger market share means
larger profit.
Operating an online store is like operating your business 24X7. It saves you time,
on the other hand, consumers get a lot of time to go through each and every
unique offerings of yours at his CONVENIENCE.
Online feedback system adopted by consumers across the world improves
chances of being noted and appreciated.
Ecommerce is the future! And E-tailing will soon occupy a market share that is
greater , far more diverse with no signs of bottle neck. It offers convenience and is
liked by more than a billion people across the world. Apparel e-tailing has
revolutionized the shopping model in India and will prove as a game changer in
the world of apparel retail businesses. Currently, huge opportunities lie ahead for
apparel e-tailing and if businesses make sure that their consumers are happy they
are sure to succeed.
Resource:
Ecumen consultancy is a leading Ecommerce marketing strategy, services and
solutions provider company in Ahmedabad, India. Find more information to
http://www.ecumenconsultancy.com/e-commerce-strategy/

Contenu connexe

Dernier

哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
ydyuyu
 
PowerDirector Explination Process...pptx
PowerDirector Explination Process...pptxPowerDirector Explination Process...pptx
PowerDirector Explination Process...pptx
galaxypingy
 
一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样
一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样
一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样
ayvbos
 
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi EscortsRussian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Monica Sydney
 
Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...
gajnagarg
 
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
ydyuyu
 
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
pxcywzqs
 

Dernier (20)

哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
 
APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...
APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...
APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...
 
PowerDirector Explination Process...pptx
PowerDirector Explination Process...pptxPowerDirector Explination Process...pptx
PowerDirector Explination Process...pptx
 
2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs
2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs
2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs
 
一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样
一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样
一比一原版(Curtin毕业证书)科廷大学毕业证原件一模一样
 
Trump Diapers Over Dems t shirts Sweatshirt
Trump Diapers Over Dems t shirts SweatshirtTrump Diapers Over Dems t shirts Sweatshirt
Trump Diapers Over Dems t shirts Sweatshirt
 
20240510 QFM016 Irresponsible AI Reading List April 2024.pdf
20240510 QFM016 Irresponsible AI Reading List April 2024.pdf20240510 QFM016 Irresponsible AI Reading List April 2024.pdf
20240510 QFM016 Irresponsible AI Reading List April 2024.pdf
 
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrStory Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
 
Microsoft Azure Arc Customer Deck Microsoft
Microsoft Azure Arc Customer Deck MicrosoftMicrosoft Azure Arc Customer Deck Microsoft
Microsoft Azure Arc Customer Deck Microsoft
 
Meaning of On page SEO & its process in detail.
Meaning of On page SEO & its process in detail.Meaning of On page SEO & its process in detail.
Meaning of On page SEO & its process in detail.
 
best call girls in Hyderabad Finest Escorts Service 📞 9352988975 📞 Available ...
best call girls in Hyderabad Finest Escorts Service 📞 9352988975 📞 Available ...best call girls in Hyderabad Finest Escorts Service 📞 9352988975 📞 Available ...
best call girls in Hyderabad Finest Escorts Service 📞 9352988975 📞 Available ...
 
Power point inglese - educazione civica di Nuria Iuzzolino
Power point inglese - educazione civica di Nuria IuzzolinoPower point inglese - educazione civica di Nuria Iuzzolino
Power point inglese - educazione civica di Nuria Iuzzolino
 
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi EscortsRussian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
 
Nagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime Nagercoil
Nagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime NagercoilNagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime Nagercoil
Nagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime Nagercoil
 
Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...
Top profile Call Girls In Dindigul [ 7014168258 ] Call Me For Genuine Models ...
 
20240507 QFM013 Machine Intelligence Reading List April 2024.pdf
20240507 QFM013 Machine Intelligence Reading List April 2024.pdf20240507 QFM013 Machine Intelligence Reading List April 2024.pdf
20240507 QFM013 Machine Intelligence Reading List April 2024.pdf
 
"Boost Your Digital Presence: Partner with a Leading SEO Agency"
"Boost Your Digital Presence: Partner with a Leading SEO Agency""Boost Your Digital Presence: Partner with a Leading SEO Agency"
"Boost Your Digital Presence: Partner with a Leading SEO Agency"
 
Real Men Wear Diapers T Shirts sweatshirt
Real Men Wear Diapers T Shirts sweatshirtReal Men Wear Diapers T Shirts sweatshirt
Real Men Wear Diapers T Shirts sweatshirt
 
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
 
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
 

En vedette

Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Saba Software
 

En vedette (20)

Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy Presentation
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
 

Opportunities in apparel e tailing

  • 1. Opportunities in Apparel E-Tailing Ecommerce is a buzz these days & a lot has been happening across its various domains. From large firms, corporations to small-mid cap businesses, many have cropped up to take the advantage of this thriving industry which is concurrent to the latest trends. Nowadays, people often watch over latest styles & fashion online rather than going to a store first. The aspect of convenience; sitting back at home and catching up on every thing new, is driving greater interest and participation among consumers besides providing businesses an opportunity to grow and connect. The apparel industry is one of the most profit making sector in terms on generating revenue, investment and trade. Due to its product variance & short life-cycle, it makes it to the top of Ideal business models, where expected profit margins are very high. According to a Mckinsey report, Apparel is the most
  • 2. profitable segment of the Indian retail market (a calculated 35%-40%) followed by Food. Similar dominance has also been observed online. Currently, apparel is the largest segment of the Indian online retail and has earned investment over $ 70 Million within the last two years. With growing consumer base year on year, apparel e-tailing is surely poised for a boom. If you’re a business involved or interested in this segment, then perhaps, you have an opportunity to create your own niche in the market and claim a very satisfying share of the online retail pie. Online retail is a boon to retailers who wish to expand their business without much of investment as a viable sales channel. Clientele is limited for those operating physical stores but can be expanded with adoption of an online business model which increases reach and exposure in addition to sales and brand awareness. According to a report by Technopak, “The Internet’s ubiquity gives online brands the capability to reach all Indians, even those with no access to an online payment facility, as most brands offer Cash-on-Delivery(COD)options, offering them the luxury of seeing the product before making payment for it.” The way it has shaped the Indian online Market
  • 3. Competition in the look good- feel good market has intensified over the last 2-3 years resulting in an exhibition of monstrous collections of apparels and accessories. Likewise, consumers have also thronged the marketplace to seek new variety & discounts. Discounts and offers have remained the most influencing factors of all of them. Highlights: Internet and Mobile Association of India says that “Indian ecommerce is growing at an average rate of 70% annually and has grown over 500% in the last 3 years..” Indian Online Apparel Industry is expected to grow tremendously from a current $15 Million market to $200 Million by 2015, a staggering 13 fold growth within a year. In India, 26% of all searches over online media (Google, Yahoo, Ask, Bing & others) are in relation to Apparel products which equals the demand in USA, Japan and Germany. India is one of the fastest growing tech savvy nations with over 80 Million Internet users & 10 Million shoppers. Internet users are expected to reach 240 Million by 2015.
  • 4. India stands at No. 2 in Social Networking. Apparel Industry to be affected tremendously by peer recommendation and fan following on Social networking sites. Over $70 Million dollar investment within the last two years in the Apparel e- tailing space. According to PriceGrabber.com, more than 65% of online users feel comfortable purchasing Apparel products. Gifting has become easy through online medium where Clothes and Fashion accessories make up a substantial portion of all gifts which are sent and received worldwide. Investment in terms of business expansion is considerably less compared to an exclusive store. It saves you on physical infrastructure and headcounts. This costs can be further diverted to obtain larger volumes with variety. Larger volumes will in return obtain larger market share. Larger market share means larger profit. Operating an online store is like operating your business 24X7. It saves you time, on the other hand, consumers get a lot of time to go through each and every unique offerings of yours at his CONVENIENCE. Online feedback system adopted by consumers across the world improves chances of being noted and appreciated. Ecommerce is the future! And E-tailing will soon occupy a market share that is greater , far more diverse with no signs of bottle neck. It offers convenience and is liked by more than a billion people across the world. Apparel e-tailing has revolutionized the shopping model in India and will prove as a game changer in the world of apparel retail businesses. Currently, huge opportunities lie ahead for apparel e-tailing and if businesses make sure that their consumers are happy they are sure to succeed. Resource:
  • 5. Ecumen consultancy is a leading Ecommerce marketing strategy, services and solutions provider company in Ahmedabad, India. Find more information to http://www.ecumenconsultancy.com/e-commerce-strategy/