E-commerce is slowly changing the way how business is done. Wholesalers have more confidence in venturing into the retail sector through e-commerce. Retailers are equally confident about bulk orders and achieving economies of scale by tapping the online markets. Not only is this slowly bridging the divide between Wholesalers and Retailers, but it is also cutting across geographic boundaries and allowing access to new markets with a huge potential. Earlier, a silk boutique from New York wouldn’t even imagine buying silk from an Indian vendor in Kashmir. However, with the evolution of technology and the internet, it is quite common for such trade to happen on a regular basis. We are often asked by our existing clients, who want to push their business online, whether e-commerce is a profitable or feasible venture. The answer depends on a couple of factors. An important point to note is that most online sellers are not the manufacturers of the products that they are selling. They are only ...
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