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

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


The primary feature of this marketplace model could be that the e-commerce firm, like Amazon, Flipkart, Snapdeal, etc. give you a platform for customers to activate which has a great number of sellers onboard to acquire something online. Thus, each time a product from amazon is bought, you are actually acquiring it from the registered seller with it. Consequently the merchandise just isn’t directly sold by amazon. Here, amazon is just a website platform which facilitates a conference spot for the consumer to meets a lot of seller and offer various options and expense levels for the product or service.
Whereas the Inventory-led websites have specialized but limited product selection and the serious customers may sign in to those website for the specific product selection, such as 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 plus a Level Game
The majority of the marketplace players have anchor sellers on panel, who are either their subsidiary entities or even a large enterprise who’ve inked privileged works with them which will help them offer great deals or discounts on the customers. This may include a higher discount on products, Free postage, compensation for sales returns etc. The losses incurred on these deals /services are compensated with the Marketplace Player under a pre-agreed arrangement.
You often see that some products are entirely on the web site at 40% -60% discounts that is even a hardship on the manufacturer to make available. You often see that you’ll find 40-50 sellers for the buy engineering books but excepting one anchor seller, fat loss to make available such exciting discounts or offers. They even can mask other seller completely and corner almost entire need for these products, thereby also frustrate these multiple genuine sellers to achieve absolutely free themes using their honest pricing offers.
Nearly all e-commerce players are stored on the verge of re-discovering their business models and wish to become profitable sooner. Truth be told, none have been able to see anything at all in profit thus far. Many big and promising e-commerce and unicorn players have perished because of unsustainable losses and several have been sold out to other people. Year 2017 would see many more to fasten belts and go on to solve this riddle lest they perish in the race on the survival from the fittest.
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