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

In accordance with the FDI policy guidelines, “Marketplace style of e-commerce means providing of an i . t . platform by an e-commerce entity on a digital and electronic network to behave being a facilitator between buyer and seller.”


The key feature of this marketplace model is that the e-commerce firm, like Amazon, Flipkart, Snapdeal, etc. provide a platform for customers to get with a large number of sellers onboard to get an item online. Thus, whenever a product from amazon is bought, you happen to be actually acquiring it from a registered seller with it. Consequently the item isn’t directly sold by amazon. Here, amazon is simply website platform which facilitates a gathering place for someone to meets many seller and offer various options and price levels for a products or services.
Whereas the Inventory-led websites have specialized but limited selection and also the serious customers may log in to those website for a specific selection, like caratlane.com for precious jewellery, booknest.directly into buy books, swiggy.com for ordering food, 1mg.com for medicines etc.

Buy books online …
Anchor Seller as well as a Level Arena
The majority of the marketplace players have anchor sellers on panel, that are either their subsidiary entities or even a large enterprise that have inked privileged deals with them which assists them offer great deals or discounts on the customers. This will likely will include a higher discount on products, Free postage, compensation for sales returns etc. The losses incurred on these deals /services are compensated through the Marketplace Player under a pre-agreed arrangement.
You regularly discover that some goods are positioned on your website at 40% -60% discounts that’s even challenging for producer to make available. You regularly discover that you’ll find 40-50 sellers for a online books shopping but excepting one anchor seller, fat loss to make available such exciting discounts or offers. They will mask other seller completely and corner almost entire interest in they, thereby also frustrate these multiple genuine sellers to achieve absolutely free themes using honest pricing offers.
Nearly all e-commerce players are stored on the verge of re-discovering their business models and aspire to become profitable sooner. The fact is, none are already able to see a penny in profit to date. Many big and promising e-commerce and unicorn players have perished due to unsustainable losses and many are already sold out to others. Year 2017 would see many more to fasten belts and keep solve this riddle lest they perish within the race on the survival with the fittest.
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