Ecommerce business models:

Introduction:

E-commerce business models refer to the way your e-commerce business is run. Now a day’s e-commerce become buzzing word. There are lots of opportunities for youngsters in this blooming industry. According to ibef.org The Indian E-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. India’s E-commerce revenue is expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at an annual rate of 51%, the highest in the world. Reasons behind this growth are mobile penetration as well increase of internet accessibility. As well this Covid-19 situation also pushed this industry towards growth in a positive way.

Ecommerce is a booming industry with an array of business models available for entrepreneurs to choose from. There are lots of opportunities for entrepreneurs in E-Commerce Market.