E-commerce is the term used to describe the movement of cash and data to transact business over the internet. If you’re a talented businessperson or craftsperson, you undoubtedly have thought about opening your online store and creating a company. The best way to come to a conclusion on where to sell your products/services is to read and compare existing e-commerce platforms. This article will help you do just about that.
Top E-Commerce Platforms
Here are some of the best eCommerce platforms in India where you can buy almost any necessity for everyday life or launch a business.
Table Of Contents
- Amazon
- Flipkart
- Myntra
- Nykaa
- Snapdeal
- IndiaMART
- Book My Show
- Paytm
- Meesho
- Shopclues
1. Amazon India
Amazon is one of the most popular eCommerce sites in India, without a doubt. It has the best client support system. Sports, groceries, Prime Video digital media, men’s and women’s clothing, as well as a number of other areas, are also offered by Amazon.
Highlights
- This eCommerce powerhouse has a customer reach of over 85%. It made a fortune and draws millions of visitors each month since its launch in India.
- Regardless of their location sellers can self-register in the Amazon marketplace using Amazon Seller Self Registration (Amazon SSR). It allows sellers to start taking orders within a day without the aid of a third party.
2. Flipkart
The runner-up among the best e-commerce sites in India goes to Flipkart. It remains so because it pushes for more in-app purchases, an area in which it outperforms Amazon. It also offers a wide range of goods, including, among other things, furniture, sporting goods, fashion, TVs and other appliances.
Highlights
- Currently leading the Indian eCommerce field and valued at over $15 billion, Flipkart is under pressure to keep that place as Amazon is too close in the game.
- Following the same trends as the online retailer, Flipkart is most popular with consumers for products in the electronics industry.
3. Myntra
One of the most reputable and popular eCommerce websites in the nation for fashion and leisure items is Myntra. On Myntra, you can buy goods for men, women, and children. Moreover, the numerous payment methods and frequent discounts offered by this company contribute to its overall success.
Highlights
- Myntra manages its supply chain and has diligent transportation personnel on staff.
- Myntra also sells homeware like kitchenware, furniture, bathroom accessories, and lighting.
4. Nykaa
Nykaa follows a direct-to-customer approach. It first came into the e-commerce ring in 2012 and since then has become a household name for any cosmetic or beauty-related product purchase. It took over the e-commerce space by storm and has connections will almost over 300 brands all around the world.
Highlights
- Caters to both men and women
- Both a fashion and lifestyle platform
5. Snapdeal
Snapdeal is an online platform for various shopping. Snapdeal has gotten funding from well-known investors including the Alibaba Group, Softbank, and Foxconn Technology Group since its launch in 2010.
Highlights
- It provides you with the best offers available in a specific location across a range of service categories, including eateries, spas and salons, clothing, shoes, baby care, home goods, and décor.
- The marketplace business strategy has been adopted.
- The innovative idea behind Snapdeal was to let regional suppliers and producers post their product catalogues and sell them on the Snapdeal website.
6. IndiaMART
IndiaMart is an online B2B platform that was founded in 1999. Construction and building materials, industrial equipment, clothes, electronics, as well as pharmaceuticals, chemicals, and solvents, to name a few, are just a few of the many goods that can be found on IndiaMART.
Highlights
- IndiaMart, a direct rival of Alibaba, enables producers, suppliers, and importers to list their products directly on the website so that customers can find them.
- IndiaMART offers a platform where buyers can get in touch with manufacturers, suppliers, and importers directly via phone and email to promote and showcase their goods to one another.
7. Book My Show
BookMyShow India is the most well-known internet ticket seller in the nation. India’s one-stop website for reserving tickets to events and purchasing goods of all kinds is BookMyShow. It provides a variety of choices, including tickets for events, plays, athletics, activities, and movies.
Highlights
- Since opening its doors in 2007, it has grown to offer booking services in five countries, including the United Arab Emirates, Indonesia, Sri Lanka, the West Indies, and Sri Lanka.
- It managed to make it through trying times and come out on top in the end. With BookMyShow’s expansion, it has become a platform that offers consumers a wide range of choices.
- Reservations for tickets and surf trailers can now be made whenever and from wherever.
8. Paytm
Paytm, an Indian eCommerce retailer has gradually and persistently made its way onto this exclusive roster of eCommerce retailers. Consumers are given a variety of discount vouchers to choose from when making purchases, all of which result in sizable savings. Additionally, it works with physical stores.
Highlights
- It has evolved from its beginnings as a digital payment to become one of the top innovators in its field. Whether it be through tools or tech gadgets, Paytm seems to be able to consistently satisfy the requirements of its consumers.
- For its nearly 2 billion registered customers, Paytm is constantly seeking out fresh approaches to enhance the shopping experience. Among the most alluring features of the service is Paytm’s cashback choice.
9. Meesho
One of the fastest-growing e-commerce apps and it came into the e-commerce ring in 2015. Due to its affordable options, it has become the go-to for many people. The main revenue of Meesho comes from its ads. You can use Meesho via a website or by downloading their app.
- Affordable and pocket-friendly products
- A member of the Unicorn club
10. Shopclues
When other eCommerce giants are concentrated on marketing electronics and gadgets, Shopclues focuses on domestic goods. Although there may still be a ways to go, the future looks bright. The company’s website receives over 50 million visits each month, and its home, as well as kitchen appliances category, has historically been one of its most lucrative divisions.
Highlights
- By focusing on customer satisfaction, it has been steadily and progressively moving up the ranks.
- Shopclues is an increasingly popular online destination because it has a significantly bigger merchant base. It focuses on helping medium-sized companies (SMBs) in suburban areas grow their online activities.
E-commerce In India
Even though the Indian eCommerce market is still in its infancy, there are plenty of opportunities for major and minor players to seize a sizable portion of the market given the country’s enormous population. By 2024 and 2027, respectively, the Indian eCommerce market is expected to expand by 99 billion and 200 billion US dollars. This suggests that retailers have a great opportunity to develop, launch, and grow their eCommerce company by capitalizing on a competitive market.
Bottomline
New competitors can gain an advantage in the market with the appropriate technology and design approach. You can always start by setting up a free online store if you are a small business proprietor who is new to the world of eCommerce like with Vyapaari. Once you gain experience, you can scale it to the premium services or move to one of the premium networks to expand your company.