Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 4

Introduction to Online

Retailing
Online retailing refers to the process of selling goods and services through the
internet. It has revolutionized the way consumers shop, offering convenience,
a wide variety of products, and competitive prices.

by Pranav
Sharma

Advantages of Online Retailing in India

1 Expanded Market 2 Lower Overheads


Operating an online store can be more
ORnelaincehretailing allows businesses to
cost- effective than maintaining a physical
reach customers across India, including in
retail space.
remote areas.

3 Convenience 4 Personalized Marketing


Customers can shop anytime, anywhere, Online retailers can personalize marketing
without the need to visit a physical store. strategies based on customer preferences
and behavior.
Disadvantages of Online Retailing in
India
1 Technological Barriers 2 Trust Issues
Some potential customers may face Concerns about fraud, security, and the
challenges in accessing and using quality of products may deter some
online platforms. consumers from online purchasing.

3 Logistical Challenges
Delivery and returns processes can present logistical challenges, especially in remote
areas.

Introduction to Offline
Retailing
Offline retailing involves the sale of goods and services through physical stores.
It has been the traditional shopping method where customers can physically
interact with products.
Advantages of Offline Retailing in India
Personal Interaction Immediate Gratification

Customers can receive personalized assistance Shoppers can purchase items and take them
and physically inspect products. home immediately, without waiting for delivery.

Disadvantages of Offline Retailing in India


Limited Reach Higher Costs

Physical stores have limited reach compared to Operating and maintaining a physical store can
the expansive customer base of online retailing. involve higher costs than operating an online store.
Comparison Between Online and Offline
Retailing in India
Criteria Online Retailing Offline Retailing

Market Reach Extensive, national and Local and regional reach


global reach

Costs Lower operational costs Higher operational costs

Interaction Limited personal interaction High degree of personal


interaction

Conclusion
1 Diversifying Business Models 2 Consumer-Centric Solutions
Many retailers are now adopting an Meeting diverse consumer preferences
Omni-channel approach, combining by offering a variety of shopping
the strengths of both online and offline experiences.
retailing.

3 Sustainable Growth
Continued growth by leveraging the unique advantages of both retailing
methods.

You might also like