E commerce in India: Ebay India claims to sell 1 product a minute

eBay's India country manager Ambareesh Murty told ET that they sell 1 product a minute which is a impressive number. 6 months ago eBay h...

eBay's India country manager Ambareesh Murty told ET that they sell 1 product a minute which is a impressive number. 6 months ago eBay had released a e commerce trends list about Indian shoppers about how gadgets were hot in India now they have added to that list a surprising items Jewelery which is the most sought after item.
According to eBay some of e commerce trends on their websites are
  • Jwellery is sold every seven minutes on eBay India.
  • A coin or note sells every 16 minutes
  • A stamp sells every 19 minutes
  • An apparel sells every 22 minutes
  • A book is sold every 27 minutes.
  • Men in the age-group of 25-30 years account for 70-75 per cent of the shoppers
  • Electronic gadgets are popular among male buyers and jewellery is the obvious choice of Indian women
However a look at eBay's site itself tells us that most of their top searches are gadgets and it is diamond which is only jewelery item in their top searches so I am not sure about how other products perform relative to gadgets on eBay.
Related reads:
Research: Books most sold item on net
Trend: Indian consumer does net research for gadget buys

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4 comments

Anonymous said...

Ecommerce is one word that has uncannily boosted the economies of all, the first world, the second world and the third world countries. Though the trend of buying and selling through the electronic media, predominantly through the net, is a trend that has seen the upswing in the developed countries, the technicalities involved with it like making an ecommerce solution, is something that the firms in the developed countries hire from the poorer countries, thus giving a boost to the latter’s economy. Unfortunately, the benefits yielded by fields like ecommerce are yet to reach the grass root levels especially in the third world countries. http://www.infysolutions.com

Anonymous said...

I think Online Shopping in India is not as much popular as eBay claims their product sale frequency.
Abhishek is it true? What you say?

Anonymous said...

Internet penetration in regions such as North America, Australia, and Europe, has made World Wide Web an important medium for e-commerce transactions. It is now possible to reach the target customer any where in the world with the help of an ecommerce website. http://www.infyecommercesolution.com/

Anonymous said...

ebay India is crap! Fake products dominate, ebay support & the so called guarantee is TOTALLY USELESS and the choice is so limited compared to ebay.com. I reccommed ebid.net or rediff shhopping. Also buynsellindia.com is better as prices are cheaper.

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Anonymous:

Nice post, i hope everyone will like your post..

Anonymous:

Very Useful information. Thank you very much. I can now come to conclusion that 7 lakh Broadband internet connections in my state Tamil Nadu. That is 1 % of the total population.

Anonymous:

I believe 100 million internet user projection is right. Infact I think the number will be close to 1.2 billion.Somebody posted the above information. Dude how can u think infact it is 1.2 billion int...

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