Booknest.in- Online Book shop – Future outlook for E-commerce in India

According to the FDI policy guidelines, “Marketplace style of e-commerce means providing of an it platform by an e-commerce entity with a digital and electronic network to behave as a facilitator between seller and buyer.”


The main feature of the Marketplace model is the e-commerce firm, like Amazon, Flipkart, Snapdeal, etc. give a platform for purchasers to get having a many sellers onboard to acquire a product or service online. Thus, each time a product from amazon is bought, you are actually buying it from your registered seller from it. As such the merchandise isn’t directly sold by amazon. Here, amazon is simply website platform which facilitates a gathering location for a person to meets many seller and offer various options and value levels for any products or services.
Whereas the Inventory-led websites have specialized but limited range of products along with the serious customers may signing in to those website for any specific range of products, including caratlane.com for precious jewellery, booknest.straight into buy books, swiggy.com for ordering food, 1mg.com for medicines etc.

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Anchor Seller along with a Level Game
The majority of the marketplace players have anchor sellers on panel, who are either their subsidiary entities or possibly a large enterprise who have inked privileged works with them which will help them offer great deals or discounts to the customers. This could add a higher discount on products, FREE shipping, compensation for sales returns etc. The losses incurred on these deals /services are compensated by the Marketplace Player within a pre-agreed arrangement.
You often discover that some goods are available on the website at 40% -60% discounts that is even hard for the producer to supply. You often discover that there are 40-50 sellers for any buy books online Chennai but excepting one anchor seller, no one is able to supply such exciting discounts or offers. They can mask other seller completely and corner almost entire demand for the products, thereby also frustrate these multiple genuine sellers to arrive at the customers making use of their honest pricing offers.
Nearly all e-commerce players take presctiption the verge of re-discovering their business models and dream to become profitable sooner. The truth is, none have been able to see a cent in profit so far. Many big and promising e-commerce and unicorn players have perished on account of unsustainable losses and a lot of have been out of stock to other people. Year 2017 would see many more to lock belts and go on to solve this riddle lest they perish inside the race to the survival from the fittest.
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