India Post Collect Cores of Amount Form Amazon, Flipkart
New Delhi: within a year joining eCommerce distribution channel in the bandwagon, government India post entity transacted business worth of 280 core in COD, which means cash on delivery and segment firms such as snap deal, Amazon and Flipkart. An amount is generated while ascertained official government said India post is well developing its eCommerce which is related significant revenue services and ahead of the model going.
From this eCommerce firm, India post collected the Rs. CoD start 280 cores since this facility in this December. It shows a considerable network department, and it can serve over the best agency, and it is just not delivering products. Collecting money by the official of government said that small chunk of market size overall eCommerce in India, which already runs into millions of dollars, growing fast place every year. While compare growth will be an increase in a high level, so it gives more profit to India post.
Cash on delivery has emerged as most of sought, after every eCommerce services entities over fifty to seventy percentages of orders at various places. The online retailer offers different pay mode option. The remaining option will be bank payment else credit card.
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Customers in India tend to prefer CoD, which is entirely deal with payment modes. Will be catching up as one of the country parts, while people comfortable with payment for buying producing online then option to use this India post for an eCommerce site and it unique for convenient purchasing.
Cash handling services in India post like banking solution of the core rebuts accounting system and money transfer system. It is further helpful for the eCommerce site and collecting cash is much easy in urban areas as well as rural. But people have to use India post official said for safe money transfer.
More than one lakh fifty thousand post office was available and making the world most extensive network of postal. On averages of serves, post offers will be twenty-one point twenty-one square kilometre, and about seven thousand one hundred seventy-five people were several all over the post department.
Various eCommerce and other official site are also using India posts which offers a flexible way of CoD. This types of postal facilities are introduced on many websites such as Amazon, snap deal Telebrands, Naaptol, Shopclues, and Home shop. Likewise eighteen some of them are using the India post.
India post offers individual booking counters, and this set up is highly useful for premises customers like Naaptol or Amazon. While looking for the snap deal, which is exploring will be eCommerce site and kiosks kinds of booking facilities offered by this e-commerce website, the post office is located will be a various place which is highly useful of many customers.
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IT and communication Minister Ravi Shankar said that Prasad of previously India post is suited for delivery services for various eCommerce website and also players, wide ranges across a rural area as well as urban areas are available and also it well suitable for semi-urban areas.
Minister has directed from post department and officially is focus one eCommerce sector opportunities. It is an excellent idea, and it will be implemented for the customer convenient.
Ramping up of India post will be infrastructure which is grab major distribution over chuck and it will be delivery as well as logistics one, This will be a touch about more than nine billion dollars in 2021 and it expected more than seventy-six billion dolor, which is the right way of distribution, logistics and delivery of constitutes around twelve percentage. It right way to have safe money transferring and also delivering. By this method, India post will gain more profits.