Tag: demonetization

Effects of Currency Demonetization on Online Shopping

Effects of Currency Demonetization on Online Shopping

ECOMMERCE, WHAT’S HOT
As we see and hear the saga of currency demonetization. There is no news channel, radio , news portal which is not reporting news related to long queues , effects of demonetization on online shopping and various other factors etc. There is no party or meeting which is happening without mentioning of the currency saga. No matter if you are a salaried person or a small business man or even a large conglomerate everyone is worried about his or her saving of currency notes. The effect is clearly visible at the markets, restaurant and everywhere. The shops are deserted all across. E-commerce shopping is no different , the very concept or the driving force of Indian E-commerce was the cash on delivery option. As per the reports , 60% - 70% of sales were happening using COD options. With...