- The e-commerce market is set to reach અ 200 billion in 202: new rules will put a brake on e-commerce growth ...
After cracking down on social networks, the Indian government has started cracking down on e-commerce sites. Companies like Amazon and Flipkart cannot be arbitrary in the new law being prepared for ecommerce.
Grocery stores and e-commerce sites plan to keep prices the same
In the e-commerce market, the country's Reliance and Tata have come out on top against companies like Amazon and Flipkart, and the sector, which is leapfrogging and whose market usefulness is understood by people at home, as well as the sector in which crores are being invested, has been whipped. Has been.
E-commerce has taken a toll on the country's grocery store owners. After social networks, e-commerce is the most sought after item on the Internet. The prevalence of online shopping is now attracting customers at the town level as well as at the village level. Giant companies involved in e-commerce are coming up with various marketing ideas to build their customer base while some are even buying ecommerce sites in India. For example, Walmart of America has made a name for itself by buying Flipkart.
The scandal started as competition in the e-commerce sector increased. The existence of grocery stores linked to the Indian way of life was threatened due to the competition that started in Lhai to give cheap to the people. The Indian government has begun to put a brake on arbitrariness for e-commerce prices.
After cracking down on social networks, the Indian government has started cracking down on e-commerce sites. Companies like Amazon and Flipkart cannot be arbitrary in the new law being prepared for ecommerce. He can't hold a one-day sale or put up a cheap scheme.
The marketing of e-commerce giant, which sells crores of goods with marketing ideas like One Day Sale, will come to a halt. With the e-commerce market set to reach અ 200 billion in 203, new government regulations will put a brake on its progress, say e-commerce market experts.
Finally, when the government took action against social networks like Twitter, Facebook and WhatsApp, the attention of the whole world was drawn. Twitter was not ready to tie up the Indian government representatives and threw the whole matter in the country's opposition court. The issue of e-commerce was taken up immediately after Twitter took over India's social network.
Complaints from the country's grocery stores were that goods were being sold cheaply online. The Ministry of Consumer Affairs took serious note of the matter. The constant arbitrariness of online retailers and the fact that they were cheaper than the market price prevented people from going to the grocery store. It has become ingrained in people's minds that online is cheaper. The perception of the people seemed to be true as the online prices were lower than the market prices.
Opinions of all companies have been sought till July 8 for the new e-commerce law. Snapdeal has said it will review the law and then write to the government. Reliance and Big Basket have remained silent on the law. Any e-commerce site that does not comply with the law will face a fine of Rs 5,000 in addition to jail time. The government says it needs to legislate because such sites include Tata's Big Basket, Reliance's Geo Mart, SoftBank-backed Snapdeal, Amazon and Walmart's Flip Cart. The anti-government is not ready to say anything but it can be said that the government has taken hold of ecommerce like social networks and has forced everyone to change their strategy.
The government has also clarified that the law will apply to domestic and foreign companies. The Consumer Protection Act will also apply to such companies. According to the latest information, e-commerce companies will meet the Prime Minister and make a presentation on the impact on their profits.
Silence has prevailed in the e-commerce world as it considered India a farm without grazing.
The downturn in grocery stores will end
E-commerce has delivered the most damage to grocery stores. These people have repeatedly submitted to the government that the growing prevalence of e-commerce has hit our revenue. Due to the new law on ecommerce, it cannot cut prices or sell goods cheaply through a short term sale. When the prices of ecommerce and grocery stores are the same, people will start buying from grocery stores again. Grocery stores that are woven into the lives of the people of the area. At the town level, such shops are seen as partners in people's happiness and sorrow. While ecommerce sites do not have any such human relationships. The new law will soon be crowded with groceries.
By controlling ecommerce, the government wants to sell Made in India products ...
Many online consumers have complained that online sellers are over-selling Made in China goods. People buy it as a cheap product. E-commerce sites needed to be controlled if Made in India goods were to be sold. In the next step, it is being discussed that the government will order e-commerce sites not to sell foreign goods, especially Chinese goods.
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