Vishal Batish

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Posts Tagged ‘india’

India – Still The Unexplored Internet Market

Dawn of the internet era has opened up astonishing fresh opportunities. Impossible is not a word any longer! India also has conjoined the bandwagon and the figures say it all. It needs to be mentioned that India has anywhere from 50 million to 65 million active internet users that accounts for approximately 5 % of our total population. This statistics was taken in account for the year 2010 and the experts believe that these numbers would increase upto 171.2 million users by the year 2014. So, you can very well imagine the reach of Internet Marketing in India! The Internet Marketing in India has a bright future and will shell out large benefits to all the online merchandisers.

Internet, one of the prominent realizations for human race has plainly altered the intact face of a lot of things. Communicating, researching, pulling out info is simple, apt and speedy, when it’s the internet one is talking about. Therefore, merchandising on the internet or more incisively Internet Marketing has come forth as an expedient tool to captivate the vision of many online enterprises. Yielding all a fast, straight forward, commodious option of locating the best services and products while sitting down at anyplace, the Internet Marketing services if utilized competently can surely assist everyone in reaping benefits and enjoying paybacks that are much profound than one expects.

Now that we have come to terms with the enormous reach of Internet Marketing in India, we certainly have to comprehend that marketing through the internet can be a completely different ball game. As a matter of fact, it is a powerful combination of technology and marketing acumen. The vast Indian market is altering rapidly. Internet access is mainstreaming amongst experts and the rate of change continues to be great with digital channels invariably developing in bulk and potency. More individuals spend large time online in India every year, and the websites they use represent an ever-growing part in their lives. Bright vendors maintain the top of the scale by altering their business strategies with time and guaranteeing their marketing techniques to be of top notch quality.

Internet Marketing – Walking Towards Wealth.

The significance of Internet Marketing is essentially staggering. It’s not something that people can afford to disregard anymore, whether be it a small scale business proprietor or a big traditional-style organization. Every day that you are not bringing up the company profile on the internet and acquiring new prospects – corresponds to BIG money in lost revenue.

India is coming forth as a major power in the field of Internet Marketing. Like many countries, India too is growing as a powerful contender in the global market. This vogue has resulted in increment in popularity and genesis of many Internet Marketing enterprises in India. Equipped with the recent tools, schemes and programs that can assist any online business become a acknowledged organization; Internet Marketing in India is now taking the toll of the global market. The Indian specialists possess the ability, experience, expertise to present the best in Internet Marketing services to not only the local clients but even those from abroad.

Internet Marketing – a boom for your business:

Internet Marketing is a fantastic tool that is required for the development and success and even endurance of your business. Assisting you to shape to your thoughts in reality, the Internet Marketing companies can easily be your escort to assist you to sail comfortably and handily through the immense and competitory business world of today.

Thus, assistance in acquiring a potent online presence for your business is sufficient to bring that success and credit factor to the same.

The technology for online marketing is always developing with better tools and strategies getting added to render beneficial results. The web marketing companies in India are now getting equipped with the recent technologies and the finest of brains that unitedly facilitate your business attain new heights.

Indian Online Businesses are doing really well in terms of reach and brand value. Indian websites like Nauri.com, snapdeal.com, SoSasta.com, and fashionandyou.com have witnessed major web traffic growth over some period of time. These websites are worldwide acclaimed and have broken into the top rankings of Alexa and other ranking websites.

Naukri.com is a job portal running in India and was established by Sanjeev Bikhchandani in March 1997. Info Edge Ltd. (NSE: NAUKRI) is the biggest and quickest developing Internet company in India. Info Edge holds an unequalled reputation for emergence and excellence. Info Edge elevated Rs. 1,703 million by mode of an IPO in November 2006. The company engages about 1200 people and functions through 48 offices in 31 cities in India and an abroad office at Dubai serving the Middle East market. Naukri.com has a huge database of 19 million job searchers developing at the rate of 15,000 resumes each day, and has 120 million page views per month.

Snapdeal.com has extended that pace and broken into the top 100 for India according to Alexa Rankings. Just nine months since it started its operations, this is a substantial milestone for SnapDeal which reportedly saves its customers a total of upto Rs. 3 crores till date. Via its several day to day deals, it provides savings as high as 65-70 % at salons, movie halls, spa’s, electronic stores and other places.

SoSasta.com (taken over by Groupon) is ranked # 21,789 in the world as per Alexa traffic rankings. It’s approximated net worth grounded on the advertising revenue is approximately $ 226,800. Sosasta.com incurs 50,484 page views each day and yields about $ 151 daily in ad revenue. Sosasta.com has recently exhibited a 96.34 % growth in the traffic ranking.

Fashionandyou.com is India’s major members-only luxury private shopping club. It is coming up in the Indian market at a much faster rate. It allows the people to purchase designer and casual clothings at a much discounted rates.

As India opens up to more and more web access to its citizens, there is going to be an inflow of new internet users who will affect consumer interests and the world wide fiscal landscape. It has been proposed that nations like India could affect this landscape phenomenally in the following few years as its citizens turn to more sophisticated technology and understand its commercial rewards.

Future tendencies of Internet Marketing are targeting towards a hike in worldwide awareness within India due to TV, radio and other conventional kinds of communication. India is now evolving general access online for its mass population. They would also employ new marketing experts who can facilitate them defeat the language barriers via production of marketing strategies that will be accepted by western online users. The future tendencies of Internet Marketing will be affected all over the world by these new Indian enterprisers.

Global Players Eye Share In Indian Online Market

India with a population of more than 1000 million is one of the hottest hub for global online players. With rapid rise in number of internet users and growing infrastructure, India has shown tremendous potential in being one of the most favored location for global online players.

Talking about online companies and their presence in Indian Market, besides local companies like Naukri.com, Rediff.com, CricInfo.com, Shaadi.com,  global companies like Google, Facebook, Yahoo are exploring and trying to capture the online space.

Why India? Well, the answer is the pretty simple. In year 2009, India was at par with US’s number of internet users with figure around 60 million. The figure of 60 million was for around 50% of US population where as 60 million amounts to just 6 % of Indian population. This shows what  potential is in store from Indian markets and global online companies know it pretty well. Besides the number of internet users, favorable government policies, professional work culture and availability of high skilled manpower adds to India being a potential hub for global companies. Another factor is the increase in spending capacity of average Indian which makes Indian market even more lucrative.

In coming time, we will be witnessing aggressive branding and exploration of marketing partners by global players for India.

In one of the strangest moves by PayPal, one of the leading online money transfer company, funds TO and FROM India have been stopped. According to post appeared on TechCrunch, PayPal is RESOLVING the issue and till the time issue is resolved, personal or even business accounts cannot receive or send funds from/to anywhere. We do understand there can be some glitch in online system but Why payments already in account are being reversed back to sender? This is a serious business issue specially for companies/ individuals who accept payments from across the globe in lieu of services/ products. Reversal of charges has put many companies in very uncomfortable position. Taking an example of Online Florist – being Valentine season around,  online flower and gifts companies must be getting orders from across globe. Now with orders placed  or some even executed and with PayPal reversing the charges, what surety  does the merchant have to get the payment. Shoppers may not pay up again and this comes out as serious business loss for online companies.

Now what can trigger such a move by PayPal.

  1. Technical Glitch: Well, reversal of charges doesn’t look like a technical glitch.
  2. Issues With Govt/ Regulating agencies: Well, that can also be a case but it should affect a whole financial year or it would have been in news.
  3. Payment Fraud: Could be possible there has been a payment fraud and PayPal is trying to resume things as they were few days back.

Added On 7th Feb 2010…

PayPal is having major issue with accounts, Yesterday I tried to take out funds from my PayPal account (They gave a Rate of 45.06 INR per USD). They reversed another payment from my account to a client and reversed the withdraw @ 48.12 INR per USD. Which means for every 100$ I requested to withdraw, they not only did not transfer the amount to my business account but also reversed the withdrawal that I requested back to my PayPal account to give me 93$ (approx). Strangely they took off 7 $ per 100$ I requested for transfer.

I had a word on PayPal’s customer care, they were clueless about what is happening in India but assured me they will revert back the difference arising from $ conversion. Well, That is a relief, but the bigger question is still there, how long will it take for them to resolve this whole issue of not accepting the payment !!

The good thing is that you can get your payment to business accounts if your client send you money after selecting “Goods” and filling in a “shipping address”. But in most of the cases like online shopping, it still is a serious issue.