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You’ll never get a Job if you don’t have a Good Answer to this frequently asked job interview question! Select the right answer to determine if you are prepared for a successful job interview. Why Do You Want This Job? Test Your Job Interview Skills ” Thank you for taking the time to interview with us, but we’ve decided to hire someone else . No job seeker wants to hear these words after their interview. Answering this job interview question wrong could cost you your new job! The growth of ecommerce volumes in India is attracting the attention of players around the globe.
India, the second most populous country in the world, is home to 1. To put that number into perspective, consider this: the combined populations of Germany, UK, France, Italy, Netherlands, Belgium, and Greece equal one-fourth the population of India alone! Despite lower per-capita purchasing power, this still makes India one of the most attractive emerging markets for ecommerce. But India is far from being a bed of roses. Here are the top 8 challenges that ecommerce businesses face in India. Indian customers return much of the merchandise they purchase online. Ecommerce in India has many first time buyers.
This means that they have not yet made up their mind about what to expect from ecommerce websites. As a result, buyers sometimes fall prey to hard sell. But by the time the product is delivered, they demonstrate remorse and return the goods. Though consumer remorse is a global problem, it is all the more prevalent in a country like India, where much of the growth comes from new buyers. Returns are expensive for ecommerce players, as reverse logistics presents unique challenges. This becomes all the more complex in cross-border ecommerce. Cash on delivery is the preferred payment mode.
Low credit card penetration and low trust in online transactions has led to cash on delivery being the preferred payment option in India. Unlike electronic payments, manual cash collection is laborious, risky, and expensive. Payment gateways have a high failure rate. As if the preference for cash on delivery was not bad enough, Indian payment gateways have an unusually high failure rate by global standards.