In the last few years, there has been a drastic shift in the global business environment from traditional stores to e-commerce stores. Now, anybody can become an online business owner from the comfort of their home and enjoy the benefits of owning an e-commerce store. So, consider the following 13 reasons why you should start your own e-commerce business.
Compared to the previous year, transaction activity in the Hyderabad industrial and warehousing market was relatively low in FY 2020. Total absorption declined 14% year over year, from 4 million square feet in FY 2019 to 3.4 million square feet in FY 2020. Find out more about Hyderabad Warehousing Market 2021.
Pune is Maharashtra’s second-largest city in terms of population and economic activity, after Mumbai. Manufacturing and consumption, which includes e-commerce, FMCG/FMCD, and retail, are the two key drivers of storage space need in Pune. The Maharashtra Industrial Development Corporation (MIDC) has built three significant manufacturing clusters in Pune: Chakan, Talegaon, and Ranjangaon. Read about complete Warehousing Market in Pune.
There are three primary drivers of warehousing demand in Mumbai: e-commerce and retail, export-import (EXIM), and manufacturing. While manufacturing demand has decreased in recent years, it is consumer demand, fueled by e-commerce and third-party logistics (3PL), that has been driving the warehouse business in Mumbai. Read more to learn about Mumbai Warehousing Market – 2021.
The Internet’s penetration into all aspects of business and personal communication is unavoidable. What was previously considered a trend is edging closer to becoming the standard. All businesses with an internet presence recognise the benefits of selling online. As a result, they allocate an increasing portion of their marketing budget to online initiatives, where they see a higher return on investment. Consider the following list of internet business ideas that may become your next big venture.
Supply Chain Management (SCM) integrates supply and demand management, both within and beyond the organisation, across all the channels and members in the supply chain. In today’s dynamic and globalised market, it is a pivotal differentiator that determines the success of a business. Read on to understand the various nuances of SCM.
The National Capital Region (NCR) is a primary industrial belt in the country and a preferred location for occupiers looking to expand their warehouse footprint in North India. Read the complete report on Warehousing Market in NCR – Delhi.
Launching a dropshipping business is an excellent introduction to entrepreneurship. You’ll be able to sell things directly to customers, set your prices, and market your own brand. It’s an ideal entry point into online business because it involves less financial investment and does not require a facility to get started. Discover all of the stages required to launch your own dropshipping business.
Third-Party Logistics (3PL) comes into play when the traditional business model of in-house handling of operations falls short. Inadequate fulfilment can be detrimental and result in loss of money and customers, whereas outstanding fulfilment can lead to increased productivity and loyal customers. Careful examination of various types of 3PL providers and selecting the most suitable one can do wonders for the growth of a business.
In 2020, the country recorded a high of 74.7 billion dollars in revenue generation through e-commerce. Companies such as Flipkart and Amazon are investing in capital and workforce to promote the adoption of e-commerce. Now is the right time to get into the Indian market and be at the forefront of the ecommerce boom that the country is about to face in the coming years.
Stockarea offers end-to-end supply chain services such as Warehousing, Freight Forwarding, Customs Clearance, and Transportation, acting as your logistics backbone. Let us take care of your complex supply chain so that you can focus on your core business.
