Monday 27 April 2015

The Rise of E-commerce in Fashion

World’s biggest national and international fashion brands are venturing into e-commerce. In 2014, about 40 million consumers shopped online in India. This number is anticipated to go up to 65 million in 2015.



A decade ago no one anticipated that e-commerce would rise to such an extent. Today, e-commerce has not only evolved, but has also opened up many doors -- from creating new ways of shopping to providing an established platform for young designers to showcase their talent.

Flipkart


 The other trend that is seen recently, is the rise in e-commerce mobile apps. In fact, it is reported that leading portals like Myntra and Flipkart will eventually become mobile app-only stores.

Myntra


This trend of mobile apps in e-commerce is just the beginning. Both Myntra and Flipkart have witnessed that customers have started to prefer mobile apps than shopping through laptops and computers. In fact, this trend is said to be followed by over 70% of the customers in India in the coming years.



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