COD Mode Of Payment Accounted for Nearly 55.5% of the Total Purchases Made for Online Consumer Electronics Products – ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Online consumer electronics refers to buying and selling of consumer electronics products over the internet. These business transactions can be mainly classified into business-to-business (B2B) and business-to-consumer (B2C). The rise in demand for convenience shopping as well as the penetration of internet among the population has led to the growth of consumer electronics market at a fast pace. The market has also flourished as it has been able to offer steep discounts on the prices of the products offered and attract customers away from the brick and mortar shops. According to the Research Analyst, Ken Research Marketplace model is the most commonly implemented business model in India online retail market. An online marketplace model involves facilitating transactions between buyers and third party sellers who can interact with each other directly. Under a hybrid model, an electronics store operates in twin ways, through online as well as physical stores. There tends to be no usage of dedicated warehouse for online or offline orders exclusively under this model as both the markets are served by the same store itself. This model requires heavy investments in infrastructural facilities, since it is suitable to a chain of stores and is not recommended for a single store as they can cover a larger area. India’s online consumer electronics market has been broadly classified into product categories namely mobile phones & accessories, home & kitchen appliances, computers, peripherals & accessories and photographic equipment & accessories. Amongst all the product categories, mobile phones and accessories have contributed the maximum revenue towards the India online consumer electronics market during the period FY’2012-FY’2015. The second largest product category in the India online consumer electronics market has been home and kitchen appliances. The most popular products in this category were irons, microwaves, coffee makers, food processors, electric kettles and toasters among others. India online consumer electronics market can be segmented on the basis of sales contribution from different cities. Initially, the demand for online consumer electronics was derived majorly from Tier I cities, mainly Delhi, Bangalore, Mumbai and Pune. On the other hand those in the tier II and tier III make online purchases due to non-availability of products. Bigger electronics brands do not find it viable to open showrooms and outlets in small towns and therefore e-commerce has been regarded as the perfect means to deliver their products to those who can afford from tier II and tier III cities. E-commerce companies introduced the concept of COD in the Indian market to acquire the trust of first-time users. According to the Indian mindset, consumers prefer to look and physically feel the product and make decision of whether to purchase the product or not. Debit Cards have been observed to be the second most popular mode of payment while purchasing consumer electronics online in FY’2015. . Net banking is a similar method to debit cards through which payment is made from money existing in the user’s saving or current account. However, to complete the transaction the buyer is required to enter net banking id and pin, which makes it complex than card based payment methodsl, according to the Research Analyst, Ken Research. For further detail follow the below mentioned link: https://www.kenresearch.com/consumer-products-and-retail/consumer-electronics/india-online-electronics-market-report/729-95.html Contact: KenResearch AnkurGupta,HeadMarketing&Communications Ankur@kenresearch.com +91-9015378249 Post Views: 8 Tags: Amazon Electronic Sales Market India, Average Volume Order Electronics India, Camera Sales Online India, Competition Electronics Online, Computer Sales Online India, consumer electronics in india, consumer electronics india 2015, consumer electronics india market share, consumer electronics industry analysis, Ecommerce Electronics India, electronic appliances market in india, electronic shopping online market, electronic shopping online report, electronics market india online, electronics market india report, Flipkart Gross Merchandize Value, GMV Electronics India Ecommerce, india consumer electronics market, India Ecommerce Market, India Electronics Online Sales, India Mobile Sales Electronics Online, India Online Electronics Statistics Market, India Online GMV, India Online Tablet Market, India Trends Electronics Online, market size consumer electronics in india, Mobile Phone Order Size India, online retail electronics market, Revenue PayTM Electronics Products India, Smartphone Sales India Online, Snapdeal Market Share India Ecommerce