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BEST MULTI-LEVEL MARKETING COMPANIES IN 2021

 

Today,E-commerce is one of the most popular business methods for consumers to purchase and sell goods after Multi-Level Marketing Business. The Indian E-commerce industries have witnessed an evolution of trend since 2007. This unpredicted growth has a significant impact on the giants of the Indian business sector start their own ventures of E-commerce firms.

India has an Internet user base of about 696.77million as of May 2020, about 40% of the population. Despite being the second-largest user base in world, only behind China (650 million, 48% of population), the penetration of E-commerce is low compared to markets like the United States (266 million, 84%), or France (54 M, 81%), but is growing, adding around 6 million new entrants every month. The industry consensus is that growth is at an inflection point.

 

WHAT IS E-COMMERCE

 

E-commerce is the business of buying and selling goods or services through the internet. E-commerce is also known as Electronic Commerce. Online stores like Amazon, Flipkart, Myntra, Ebay, Snapdeal, Olx are some of the most popular E-Commerce websites.

 

BEST 10 INDIAN E-COMMERCE COMPANIES

 

v  FLIPKART

Flipkart is the first E-commerce company in India, founded in 2007 by Sachin Bansal and Binny Bansal. The company also sells electronic products, including Laptops, Tablets, and Smartphones. Flipkart managed to gather revenue in the range of $4704.37 million in 2020.

 

v  AMAZON.IN

Amazon has usually referred to as one of the most straightforward E-commerce online services within the world. Amazon remains the most effective Indian E-commerce industry in India and worldwide with its flawless customer service. Amazon’s net revenue was $386.06 billion in 2020.

 

v  SNAPDEAL

 

Snapdeal is a New Delhi-based company in India. Snapdeal was founded by KunalBahl and Rohit Bansal in 2010. Snapdeal sells a wide variety of products and has millions of customers from India and worldwide. Snapdeal has an overall revenue of INR 274 Crores as per the 2020 report.

 

 

v  PAYTM

 

Paytm is a Noida, based company in India. Paytm was founded by Vijay Shekhar Sharma in 2010. Paytm came to existence as an online recharging platform for not only mobile recharge they provide options to pay other bills like electricity, water, DTH, etc. Paytm later expanded from an E-Payment system to a complete E-commerce platform by launching a shopping platform named Paytm Mall in 2017. They had overall revenue of INR 3,629 Crores in 2020.

 

v  EBAY.IN

 

eBay, is a U.S based E-commerce company that started working in India. eBay is based in San Jose, California, founded in 1995 by Pierre Omidyar. eBay is involved in B2B and B2C business model after starting their operations in India by 2004. eBay had overall revenue of $2.54 billion in 2020.

 

v  SHOPCLUES

 

Shopclues was formed as teamwork of Sandeep Agarwal, Sanjay Sethi, and Radhika Agarwal in 2011. Shopclues is now based in Gurgaon, India. Shopclues majorly sell fashion, clothing products and has a net revenue of INR 148.6 Crores.

 

v  MAKE MY TRIP

 

MakeMyTrip was founded in 2000, byDeep Kalra.MakeMyTrip is a platform for booking flights and train tickets, hotel bookings, and more. MakeMyTrip provides tour packages at various locations around the world as well. They also have a strong base in Sydney, Australia. MakeMyTrip report says they had net revenue of $486 Million in 2020.

 

v  YATRA

 

Yatra.com was founded in 2006 by DhruvShringi, Manish Amin, and Sabina Chopra. It is also a travel search engine providing hotel bookings, train and flight tickets, and complete travel packages like MakeMyTrip.According to the report, Yatra had net revenue of INR 61.04 Crores in 2020.

 

v  BOOKMYSHOW

 

BookMyShowis an online portal founded by Ashish Hemrajani, ParikshitDhar, and Rajesh Balpande in 2007. BookMyShow is a leading online entertainment portal used for booking tickets to movies, concerts, plays, matches, and various other functions.

 

v  99ACRES

 

99Acres is an Indian real estate database website founded in 2005. Its founder is Sanjeev Bhikhchandani, and the company is based in Noida, India. The company has a revenue of INR 119 Crores before the Covid-19 crisis.

 

FEATURES OF AN E-COMMERCE BUSINESS SYSTEM:

 

·        Online shopping for direct retail sales to customers via websites and online mobile apps, And also conversational trades via live chat, pre-programmed chatbots, and voice assistants.

·        Providing online marketplaces, for launching new products and services.

·        E-commerce offers Business-To-Business (B2B) purchases and sales.

·        Business-To-Business (B2B) electronic data interchange is possible.

·        Marketing to beginner and premium customers by E-mails or Text Messages.

·        Engaging third-party Business-To-Consumer (B2C) or Consumer-To-Consumer (C2C) salesin retail.

·        Online financial transactionsor exchanging payment purposes.

 

 

 

 

 

CONTACT US

 

Techffodils Technologies LLP

37/24 Z, Second floor,

Calicut Business Centre, Kallai

Calicut - 673003

Kerala, India.

Mobile        : +91 9946345177

WhatsApp  : +91 9847749538

Skype           :LeadMLMSoftware

Email : support@leadmlmsoftware.com

 

 

            

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