scope of ecommerce in maharashtra

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Dr.(Mrs.) Vandana Z. Badade

Associate Professor & Head ,

AndMiss Priyanka .R. Koli


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ABSTRACT

E-Commerce has unleashed yet another revolution, which

is changing the way businesses buy and sell products and services.E-commerce stands for electronic commerce and pertains to trading ingoods and services through the electronic medium. Maharashtra is showingtremendous growth in the Ecommerce. The low cost of the PC and thegrowing use of the Internet is one of reasons for that.

There is a growing awareness among the business community inMaharashtra about the opportunities offered by E-Commerce.

The future does look very bright for ecommerce in Maharashtra with eventhe stock exchanges coming online providing a online stock portfolio andstatus with a fifteen minute delay in prices. . In the next 3 to 5 years,Maharashtra will have 15 to 30 million Internet users which will equal, if notsurpass, many of the developed countries.


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INTRODUCTIONAs a symbol of globalization and in many ways its

leading feature, e-commerce represents the cutting edge

of success in this digital age.

E-commerce stands for electronic commerce and pertains to trading in

goods and services through the electronic medium, i.e. the Internet orphone.

On the Internet, it pertains to a website, which sells products or servicesdirectly from the site using a shopping cart or shopping basket system andallows credit card payments, cash on delivery etc.

It involves conducting business with the help of the electronic media,making use of the information technology such as Electronic Data

Interchange (EDI). In simple words, Electronic commerce involves buying and selling of goods

and services over the World Wide Web. Customers can purchase anythingright from a car or a cake sitting comfortably in his room and gift it tosomeone sitting miles apart just by click of a mouse.


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TYPES OF E-COMMERCE

1) Business-to-Consumer(B2C)

It is a form of electronic commerce in which products or services are soldfrom a firm directly to consumers.E.g. amazon.com

2)Business-to-Business(B2B)

It is a form of electronic commerce in which products or services are soldfrom a firm to another firm.E.g. shop2gether.com

3)Consumer to-Consumer(C2C)

It is a form of electronic commerce in which products or services are soldfrom one consumer to another consumer with the help of online market

maker such as the auction site.E.g. eBay.com4)Peer-to-Peer(P2P)

It is a form of electronic commerce in which user can share files andcomputer resources directly without having to go through a central webserver.E.g. BitTorrent.com


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LIST OF TOP E-COMMERCE COMPANIES IN

MAHARASHTRA1)ASA Systel Communications Pvt Ltd:It is a leading E-commerce company in India whichprovides innovative and superb quality webserviceswhich encompasses the building of e-commerce related websites and portals.

The company also uses the latest payment modes and security. The companyhas its offices in Mumbai,Delhi etc.2) Chenab Information Technologies Private Limited:This E-commerce company in India comprises of webenabled business and web bases services, airline andsecurity systems by using the internet technologies and

tools of the state of the art. The company has threeSoftware Development centres' in Mumbai and theoverseas branch office in New York. It is the firstsoftware company across the globe to get the certificationof ISO 9001:2000.


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3) Compare Info Base: The company is leading provider

of e-commerce portals and IT solutions. The company

manages about 1500 websites and portals with 4000domain names. It has web presence in Maps,

SoftwareDevelopment, GISTravel, Education, Media, and

Greetings etc. It specializes in Content development

services, Website development services; PHPProgramming & Development etc. It has its office in

Mumbai, Kolkata and Delhi.

4) Sanver E-solutions:

This companyis based in Mumbai. They believe thatInformation Technology is a way to the business

objectives. It is a IT consulting and Solutions Provider

which offers personalized and personal business solutionsusing Information and Communication Technology.


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STATUS OF E-COMMERCE IN

MAHARASHTRA Today E-commerce is a byword in Indian society and it

has become an integral part of our daily life.

These Maharashtrian(Indian) E-commerce portalsprovide goods and services in a variety of categories. Toname a few: Apparel and accessories for men andwomen, Health and beauty products , Books and

magazines, Computers and peripherals, Vehicles,Software, Consumer electronics, Householdappliances, Jewellery, Audio/video, entertainment,goods, Gift articles, Real estates and services.


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FACILITATORS OF E-COMMERCE

IN MAHARASHTRAA. Information directories: The products and services arelisted with appropriate sub-headings to make it easy for aserious information-seeker to find what he wants. Alliedservices provided by them: Message boards, chat rooms,forums, etc.

B. Banks:1) Net banking/phone banking: This is an online bankingfacility available for savings account holders as well ascurrent account holders. Some of the special Net bankingservices are: Demat accounts for sale/purchase of stocksand shares, Foreign Exchange services, Direct/Instant

payment of bills on the account-holders behalf, FinancialPlanning & advice, Electronic Funds Transfer, Loans toaccount-holders.2) Credit/Debit Cards- Banks facilitate E-commerce byproviding the most vital trade instrument, namely theCredit or Debit Card, without which E-commerce would be impossible.


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SCOPE OF E-COMMERCE IN MAHARASHTRA Maharashtra is showing tremendous growth in the Ecommerce. www.ebay.in- It is one of the renowned online Shopping website which is

VeriSign approved for transaction. They also provide various gifts andDiscounts on the products.It has online shops in Mumbai,Osmanabad,Nandedand likewise in 35 districts.According to eBay ,Maharashtra leads online

shopping markets in India. e-Zest Solutions Ltd. (www.e-zest.net) is SEI CMMI Level 3 & ISO 9001:2008

certified IT outsourcing company with expertise in Product Engineering andEnterprise Software Development services. For over a decade, It has beenserving Industry leader clients across the globe with over 180 softwareprofessionals on board. e-Zest offers its services to ISVs/IT services, Healthcare,Finance, Manufacturing, Legal, Education, Sports, HR & Travel Business

verticals with focus on CRM, BI and ERP solutions. Since its incorporation inAugust 2000, e-Zest has been growing at steady pace. The company now boastsof over 100 new client wins during this period in emerging domains. e-Zest hasbeen in the outsourcing Industry and product engineering services, servicingclients thousands of miles away. Over the years, e-Zest has been grooming itselfto offer excellent and differentiated services in a cross section of industrydomains and technologies.


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HOW TO ATTRACT ONLINE

CUSTOMERS OF MAHARASHTRA Goods should have value for the customer along with quality. Security is promised. Selling Brand articles. Establishing trust and winning confidence. Providing easy guidance. Clear information regarding delivery time. Articles ordered and the article delivered should not vary. Giving discount offer and other gift items. Limited personal information. Providing value added service at lower prices. Full information regarding the product is simple words.

Innovative products. Social shopping phenomenon. Providing price comparison. Transparent information regarding the product. Indian customers want to buy things that do not cost them much.


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CONCLUSIONA developing country can become industrialized andmodernized if it can extensively apply IT to enhanceproductivity and international competitiveness, develop ecommerce and

e-governance applications. An

information-based society or knowledge based society iscomposed of IT products, IT applications in society andeconomy as a whole. Many countries in Asia are takingadvantage of e-commerce through opening of economies,

which is essential for promoting competition and

diffusion of Internet technologies. In the next 3 to 5 years Maharashtrawill have 15 to 30 million Internet userswhich will equal, if not surpass, many of the developedcountries. Internet economy will then become moremeaningful in Maharashtra and also in India.


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REFERENCES1.E-commerce in India , Harpreet Ajmani

2. Prospects of E-Commerce in India,

Shweta Sharma, Sugandha MittalManagement Department, Swami Devi Dayal Institute of

Engineering and Technology,Barwala, Haryana.

3.Computer Systems and Applications,Verus

Dsa,B.C.A,D.C.M,D.C.P(Marvel Publications)4. Sinha (April 2009), Ecommerce in India The RealChallenges


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scope of ecommerce in maharashtra

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