Saturday, May 12, 2012
Online India
Look around you in the major cities of India when
you are stuck in a traffic jam. Especially in Bangalore. You will see
bike riders with huge bags behind them with names of companies - which may not immediately ring a bell. Indeed the names you will see wont be the usual names you have been used. The
names you will see most commonly see are Flipkart, Jabong or Myntra
(Atleast these are the few that I have seen here).
Familiar names? Or not? Depending on that, you are clued into or not clued into Indias second e-commerce revolution.
Yes,
India did have a first e-commerce revolution. That was at about the
same time that the e-commerce area was catching up in US. And then you
had these dot coms, portals and a few online shopping and other services
as well. The one I remember most was this site called Indiamart (if I
am not mistaken) and on the road connecting Bangalore to Electronic
City, they had a physical warehouse kind of space. The first time I saw
it, I was amazed to see something like that. But over time, I realized
that perhaps nothing much happened there.
My second experience was with a
friend who ordered something from a portal and he had to go collect it
from a post office (and this was in Hyderabad) and after all the
trouble, the object he got was broken. And this experience kind of
made me wary about online shopping. And I did not have to worry. Online
shopping never did take off in India – though Amul and others did try something on
these lines even in the late 90s. Like them, there are many others who
tried to offer some kind of online shopping. Online revolution in India did take its time.
And when the dust settled what survived was really, online Banking, online
Trading and wonder of wonders – online railway booking. Which is funny, because they are more complex than shopping. But online in India really took off with these services. Indeed IRCTC remains
till date perhaps Indias biggest e-comm vendor and works across age groups. Around this time APSRTC
had a reasonably wide South India network on the Business side servicing
agents and the like. And KSRTC was nowhere. Soon, KSRTC went online,
perhaps learning from Indian Railways. And soon took a lead over APSRTC, but both remain first movers in the online bus ticket booking space .
Deccan Airlines was very big online and even sold tickets at petrol
bunks. But online shopping, never really took off. Along this time, I
ordered a legal windows disc and it took me one entire season to reach
me. So, two strikes for Indian e-commerce, though the railway and the bus
ticketing worked better than the actual railways.
Small
portals like Myntra (it was small then), Dilsebol and others appeared
and seemed to do well for themselves. I ordered at these places and was wowed by the customer service. But it wasn’t until Flipkart arrived
(atleast for me) that the shopping revolution really began. I gingerly
ordered a book (having had an earlier forgettable experience from another portal) from Flipkart and I was flipped and hooked. The speed,
the price and the service levels were amazing. And over time, I spend
quite a bit of money on FP and finally even ordered my phone from them.
It arrived without a scratch. And Flipkart has moved to selling a lot
more than just books.
And then there are online classifieds and second sales like on Quikr (response times are really good), ebay.
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