According to recent reports, the eCommerce sector will be the biggest growth factor in India’s logistics industry going forward.
ECommerce is growing at a rate of 35-40% which has led to big players increasing their eCommerce logistics departments. India’s eCommerce market is currently just over $5 billion but forecasts expect to see that grow to $300 billion in the next 15 years. Estimates also believe that by 2020, “e-tailing” will capture over 20% of the entire retail industry in India. (Source: www.bgr.in)
The Growth of eCommerce Logistics
In today’s competitive online marketplace the eCommerce industry continues to rise across the world.
Factors influencing this rise include:
- Easy Setup – with the technology available today it is a simple process to create an eCommerce store and start selling in a matter of hours.
- Sell 24/7 – as opposed to a brick and mortar storefront that has set retail hours, online stores can sell 24 hours a day, every day of the year.
- Accessibility – eCommerce business can be accessed by anyone, anytime. Reaching consumers who are interested in making a purchase, when and where they want.
- Fulfillment Options – when it comes to order fulfillment, the options are endless; eCommerce businesses can manage their own inventory and shipments, or hire a 3PL (third party logistics) company like Shipfusion to manage the process.
Shipfusion sets your business on autopilot and combines flexible, reliable fulfillment with powerful, real-time technology. Shipfusion has multiple fulfillment centers across the US and Canada – making it easy to manage your eCommerce business. For more information on how to set your business on autopilot, contact one of our fulfillment specialists today.