The Ever Rising Retail Industry
The factors behind this rise:
The retail industry is on a boom these days. Though we can say that there are many factors behind this growth, like increase in population resulting to increase in demand of retail products or the shift of middle class to the branded labels or any other reason related to this, we cannot forget that one of the most crucial reasons behind this steep growth is online retail stores.
Why online:
These days everything is available online. You name it and you get it. Apparel, footwear, accessories, home furnishings, furniture, electronics, consumer goods, groceries…the list is endless. If you see the recent trend, more and more people are shifting to online shopping. The reason behind this shift from shopping in malls to online shopping isn’t just one, there are many. Let us take an example of online shopping for apparel. It saves time, it gives you a long list of brands available on the shopping website, it will instantly tell you what size and color is available or not, it will even give you size measurement guide so that you can pick up the size which gives you the desired fit, you would also get an option to buy the stuff on EMI thus giving you an option to buy your favorite dress without making a big hole in your pocket at one go.
The main contributor:
These were few reasons why people prefer to buy online these days. But the most important reason behind this is the Online Offers those are just too lucrative to resist. You click on a website, sign up for the same and it will give you some or the other coupon as joining bonus. These can be Amazon, Flipkart, Ebay coupons or other similar ones. We shall take an example of the much in demand Amazon promo code. Let us see how it works. Say you have made your first time purchase on amazon. You will then get an amazon coupon which will be valid on your next purchase. This coupon can be cash back or discount coupon. So you make your second purchase because you don’t want to let your coupon go waste. Similarly you keep accumulating points and then become their frequent customer. Then you will start receiving their promo codes also. Once you get an amazon promo code, you can use it during your next purchase and get even better offers.
This is how the online offers make the online retail industry grow overnight. You shop once and you are tempted to shop again and then it doesn't stop.
The retail industry is on a boom these days. Though we can say that there are many factors behind this growth, like increase in population resulting to increase in demand of retail products or the shift of middle class to the branded labels or any other reason related to this, we cannot forget that one of the most crucial reasons behind this steep growth is online retail stores.
Why online:
These days everything is available online. You name it and you get it. Apparel, footwear, accessories, home furnishings, furniture, electronics, consumer goods, groceries…the list is endless. If you see the recent trend, more and more people are shifting to online shopping. The reason behind this shift from shopping in malls to online shopping isn’t just one, there are many. Let us take an example of online shopping for apparel. It saves time, it gives you a long list of brands available on the shopping website, it will instantly tell you what size and color is available or not, it will even give you size measurement guide so that you can pick up the size which gives you the desired fit, you would also get an option to buy the stuff on EMI thus giving you an option to buy your favorite dress without making a big hole in your pocket at one go.
The main contributor:
These were few reasons why people prefer to buy online these days. But the most important reason behind this is the Online Offers those are just too lucrative to resist. You click on a website, sign up for the same and it will give you some or the other coupon as joining bonus. These can be Amazon, Flipkart, Ebay coupons or other similar ones. We shall take an example of the much in demand Amazon promo code. Let us see how it works. Say you have made your first time purchase on amazon. You will then get an amazon coupon which will be valid on your next purchase. This coupon can be cash back or discount coupon. So you make your second purchase because you don’t want to let your coupon go waste. Similarly you keep accumulating points and then become their frequent customer. Then you will start receiving their promo codes also. Once you get an amazon promo code, you can use it during your next purchase and get even better offers.
This is how the online offers make the online retail industry grow overnight. You shop once and you are tempted to shop again and then it doesn't stop.