India enjoying the flavor of M-Commerce

The year 2015, has witnesses lots of changes happening round the corner. Government took a lot of initiatives to boost up the money circulation in the market by inviting FDI for the retail sector as recently it had been the most dynamic segment. The digital wave has been on full swing with the introduction of laptops, tablets and tab tops making communication mobile.

The icing on the cake was the number of social networking sites connecting people and ideas and made the end consumer more knowledgeable in terms of options and pricing. Gradually the entire Retail shifted to the digital mode that took shape of E-commerce. This brought almost all the brands irrespective of their domain on the digital platform. E-commerce not only gave the end consumer the liberty to make choices from among multiple options but also gave them the insight knowledge of the varied price variations. Be it apparel or hospitality, travel and tourism or home furnishing everything has gone viral.

The traditional “Mall Culture” seems to be fading away with the Gen X going tech savvy. When anything and everything is available on-line the end user does not want to make an extra effort of commuting to the mall and visit ten stores to make an apt and reasonable choice. The changing face of modern retail saw a number of players entering into the E-commerce Zone with mind boggling deals to attract as well as retain customers.

Introduction of smart phones has given a boost to the E-commerce and given it a new direction towards M Commerce. Smart phones have empowered individuals so as to explore the world full of options by initiating Mobile Commerce. All the E-commerce companies have transformed themselves into a responsive mode so as to excel in the current cut throat competition of going viral. Almost all the E-commerce giants have now taken a space in the smart phone zone with customized apps.

This has given a convenience benefit to the end user as he does not require a PC or a laptop to shop or to travel or even to book a house. Anything and everything is just a click away and is there in his smart phone. This has not only educated the consumer digitally but also opened new avenues for innovation. M-Commerce has set a ground for the flourishing Ecosystem by letting the international brands penetrate the Tier 2 and Tier 3 cities. This intern has boosted and inspired new ways of doing business and also led to the upliftment of the standard of living of an individual and the society on the whole. M-Commerce is the new wave driving the society to a new platform for innovation where even a common man feels empowered for making choices sticking on to his budget. M-Commerce has played a vital role in diminishing the demarcation between the Tier 1 and other cities. Cosmopolitan culture can be seen creeping as well as gripping the small towns of the country where youngster can be seen flaunting international clothing brands. The growth prospects of M Commerce are clearly visible and the success story can be traced in the booming Indian market. This has led the Government to take supportive measures by inviting FDI for M-Commerce. In the coming years M -Commerce can be seen globalizing the economy as well as the common man.

Are you looking for Outsource Companies in India ?

At present time, every size business/organization is deciding to outsource its services and systems to stay competitive over the global level. However, the decision of outsourcing comes with some prominent benefits and small risks as well.

Are you making your mind about outsourcing any service or in-house system in India? If yes, let us evaluate some benefits and risks ,an organization/individual can come across while outsourcing its processes.

 If you are keen on outsourcing IT, it would be very be a great idea to carefully understand the risks and benefits of outsourcing your business .Here are some benefits and risks that your enterprise needs to be aware before you outsource IT services:

Some prominent benefits of outsourcing :

1.To Minimize current cost

The reason why most companies opt for outsourcing is because of the resultant reduction in the cost. In contrast, If any enterprise opt for in-house services or solutions, it will be incurring a definite or fixed cost.

And to convert the fixed cost to the variable one . You are definitely have the option of outsourcing. Not only will this make your business more competitive but also appealing to investors, it will also give you the right direction to invest your capital into areas that will bring in good revenues and productivity.

2. Limited expenses

If an enterprise chooses to work on every operation internally, then the expenses associated with each activity has to be passed on to the customers/users in obvious. However, outsourcing the services to an outsourcing service provider will have the set up including network and support will compensate some of your expense, while giving your enterprise a competitive edge surely.

3. Quality time for an Increased focus on core services

Through outsourcing services , in house team can completely focus on the core objectives and goals of your business.

In contrast if all operations are being performed in-house,it results in leaving less time for core business objectives. Outsourcing removes this necessity and enables in-house team to shift all their time and energy into core business competencies and operations.

4. To become competitive

Large enterprises have the required resources to maintain cutting-edge services and solutions to be top-rated in the respective fields. Outsourcing process erases this gap and creates a more equitable playing field between large and small enterprises.

However outsourcing can sometimes lead to Loss of productivity during downtime, Lack of interaction with the unique characteristics and eccentricities of the operation and non-confidential security measures.

But tackling the risks with intelligence and professionalism ,Outsourcing process can surely be the boon for small and big enterprises.