FMI Electronics Retailing Market Forecast and Segments | Seite 4

Electronics Retailing Market

Electronics Retailing Market to register a healthy CAGR for the forecast period, 2016-2026
The use of advanced technical products such as laptop, mobile phones have given a new platform for shopping. By using internet, a person can buy any product through virtual stores like websites, mobile apps / portals which are becoming totally new perspective of shopping & proving beneficial for both the seller as well as the buyers. The term electronic retailing also be called as E-tailing where‘ E’ stands for the electronics medium since the retailing starts through the internet( electronic media). With the use of these shopping websites / portals customer can visit the virtual store and choose their preferred product in the shopping cart by seeing its pictures, features, and price. After that payment can be made by different methods mentioned by shopping site and then product would be delivered to customer’ s doorstep by an associated courier company of shopping site.
The success of electronic retailing depends on various factors / components such as online portal attractiveness, appropriate revenue model and last but not least penetration over internet.
Electronic retailing is a rapidly growing segment of e-commerce with the attractive services provided by the vendors and is expected to grow in future as well.
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