Monday,
August 25, 2003 |
|
Feature |
|
E-shopping boom on
hold
Madhuri Sehgal
INDIANS
are spending more time online and less at their favourite malls, thanks
to shopping portals, which are wooing the consumers with their
attractive offers and the option of delivering goods at the doorstep.
However, according to
experts, for e-commerce to prosper in India, proper business strategies,
flexible payment modes and better infrastructural set up are needed.
Relief from traffic,
attractive offers and the option of getting goods delivered at doorstep
is making supermarket culture a pass`E9, as large number of persons are
spending more time shopping online.
"Contrary to general
opinion that online shopping has not been very successful in India,
these days a large number of persons are doing monthly shopping through
PC and a phoneline. It is being seen as an attractive option by many
families", K. Vaitheeswaran, vice-president (Marketing), Fabmall,
one of the leading online shopping malls in the country says.
It not only saves time but
also gives relief from traffic chaos. Moreover, there is nothing like
sitting in the comfort of the home and ordering things, he says.
"With myths and wrong
perceptions about the concept of online shopping fading away gradually,
people are now able to realise the true potential of this industry and
are experimenting with this new shopping experience," Vaitheeswaran
adds.
And to cash-in on the
growing traffic on the Internet, portals are even expanding the range of
goods available online.
"These days online
shopping extends not just to grocery but cassettes, CDs, watches,
clothes, paintings, flowers, books, fruits, computer spares, pots,
furniture and even air tickets. In fact, there is hardly anything that
you cannot buy online," says an official with baazee.com, an online
shopping portal.
While books and CDs
continue to be the fastest moving items online, holiday packages,
leisure travel bookings and high value items like home appliance are
fast gaining acceptence.
"This new trend of
increased purchasing of higher price items clearly implies a growing
confidence in online shopping and ordering," says Vaitheeswaran.
Even though portals claim
that that the width of product range and payment options available to
the customer on the Net give virtual shopping an edge over physical
shopping, a survey by Taylor Nelson Sofers Interactive had found that
the fear about online payment security is holding back Net users from
shopping online.
According to the survey,
nearly 27 per cent of the Net users in India did not purchase goods
online because they think it was too difficult and had apprehensions
about making payment online.
Users concern about
security is not new, yet the industry seems to have done little to
address them, it says.
Echoing similar
sentiments, Vaitheeswaran says, "In India, the Internet population
is nearly five million and out of this, hardly five per cent go in for
online shopping and online payment security issue is the main reason
behind this low percentage."
"We are making
efforts to remove the general perception that online shopping is risky
and difficult," he adds.
In a bid to do away with
the payment security problem, a large number of portals are also
offering cash on delivery option that can go a long way in increasing
the number of customers online.
About growing number of
complaints regarding the non-delivery of goods ordered, Vaitheeswaran
says, "It is difficult to achieve 100 per cent customer
satisfaction in any business, but we have managed to achieve nearly 96
to 97 per cent success rate."
To improve on this, some
e-stores have also introduced online chat facility within the site.
"There was a huge jump in the number of orders after we introduced
the chat section because this
feature added a personal touch to this virtual experience," he
adds.
Also, experts say, better
Net connectivity can give boost to this industry. While it may still
take some time for these online malls to reach a much larger chunk of
population in India, it surely provides respite from cumbersome shopping
in the hectic lifestyle and long work hours.
|