Wednesday, November 10, 2021

E-commerce Trend on Real Estate

 

Future of eCommerce Platform in the Real estate sector

Ecommerce has changed the face of many businesses in its way like clothing, fashion, consumer goods such as electronics, mobiles and video cameras. But what has caught the eye of many business owners today is how ecommerce is slowly but definitely changing the face of one of the biggest industries in the world. 

Trend is both an opportunity and threat. Depending on which side of the coin you are, it will either benefit you or you will be victim of the new sunrise Industry. The E-commerce industry is witnessing never ending inflow of funds inspite of the fact that they continue to incur losses much beyond their net worth. The e-commerce business is impacting real estate industry differently in many ways. When it comes to housing market, the higher than average salary including encashment of stock options is fuelling either purchase or renting of houses. 

Many retailers are repurposing their existing real estate by finding new uses for their stores, such as distribution centers that can enhance store productivity and shorten delivery times. With initiatives such as buy online/pick up in store or shipping products directly from stores, retailers can significantly shorten delivery times compared to shipping from a traditional distribution center because existing stores are generally located closer to consumers. As growth in same-store sales (sales at stores open a year or more) decelerates and store productivity declines, retailers are leveraging their existing real estate to compete against pure e-commerce retailers such as Amazon and Ebay and reallocating resources across channels to capture a sale no matter where the consumer shops. An omni-channel customer is more valuable to a retailer because of the potential for increased sales frequency and transaction size. Plus, the omni-channel model can enhance customer loyalty and add potential lifetime value. Even online giant Amazon is trying to be all things to all consumers, as shown in a limited U.S. test of "pop-up stores"—temporary stores often set up in vacant retail space--to be closer to customers.

After a period of limited growth, businesses are now seeking to develop distribution centers near populated areas for two primary reasons. First, this cuts down on delivery time, but also it also offers reduced logistics costs. Pure-play online retailers such as Amazon and Ebay have also boosted demand for industrial space. With complex operations and business models focused on quick, efficient turnaround (same-day delivery) for major metropolitan areas, they need modern, customized facilities. Thus, demand is significant for extremely large, built-to-fit distribution centers within a day's drive of major metropolitan areas.

The malls are being redesigned considering the consumer behaviour including need for entertainment, social networking, etc. The online banking, payment wallet, ATMs etc has redefined as to how many physical bank branches needs to be there. E-commerce has played a great role on how banks are shaping themselves for the time to come and consequently the real estate space for banks will undergo significant change over coming years.

The incorporation of e-commerce has changed the way many markets work. Considering food delivery services, it is now easy to take care of such a business without having a full-fledged restaurant. Moreover, having an e-commerce portal for business helps build a name. The availability of food menu and all other details online gives customers access to all the required information, helping the vendor build trust. The reviews available tell people about the speed of delivery, consistency, hygiene, taste and more. All this has changed the real estate market, and restaurant owners are now creating bigger kitchens and smaller sitting areas.

Conclusion

Although the adoption of eCommerce is the next big thing in the business domain, it cannot replace certain parts of a business related to real-world experience.  Retailers have observed that there is confidence in the consumer's behavior which is finally turning to a purchasing decision.
“None of the models can completely kill the other model. Theoretically speaking, if you have an online presence, your brick-and-mortar will become only a fulfillment center, but what we are missing out here is the shopping experience. Experience of eating out, going shopping, experiencing the entire store, the ambiance of the mall, so expertise plays an important role. There is no brand or developer or any side of real estate that does not embrace technology or artificial intelligence or upgrade the entire experience. Both of these will coexist profitably and peacefully,” 
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Saturday, September 18, 2021

register for online grocery shopping

Taj Mahal Teas are Tasted, graded and perfectly blended at the Brooke bond Tea Excellence Centre
• Taj Mahal tea comes in a Unique Flavor Lock pack
• A cup of Taj Mahal tea invites you to cheer your senses

Ingredients
 
Tea - Finest fresh tea leaves
How to Use
Taj Mahal Teas are Tasted, graded and perfectly blended at the Brooke bond Tea Excellence Centre
• Taj Mahal tea comes in a Unique Flavor Lock pack
• A cup of Taj Mahal tea invites you to cheer your senses

Rs 150.00 Order
Quantity: MINIMUM ORDER
Booking: FOR BULK ORDER
Total Stock: AVAILABLE
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solar rechargeable torch light online

Solar LED Torch


Highlights

Battery  Capacity

1500 mAh

Consumes

 50 W

Charging Time

2 hrs

Packs

1

 

Producy Description

SKU

STOCSLT32

Color

Yellow

Pack of

1

Charging Time

2 hrs

Battery Capacity

1500 mAh

Power Consumption

3  W

Power Requirements

5 V DC

Generic Name

Emergency Lights

Country Of Origin

India

Rs 499.00 Buy Now
Quantity: MINIMUM ORDER
Booking: FOR BULK ORDER
Total Stock: AVAILABLE
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Wednesday, September 15, 2021

solar 12v dc table fan without battery

Producy Description

Style Code/SKU

STOCSDTF02

Color

White

Fan Type

Table Fan

Frequency

50 Hz

Voltage

12 Volt

Power Source

Solar

Swing

140 Degree

Number of Blades

3

Generic Name

  • Solar DC Table Fan

 

Warranty

 

Service Type

10 Days replacement

Not Covered in Warranty

Misuse and mishandling of products

Covered in Warranty

Only manufacturing defects

Warranty Type

10 Days replacement

Warranty Summary

10 Days replacement

Rs 2500.00 Order
Quantity: MINIMUM ORDER
Booking: FOR BULK ORDER
Total Stock: AVAILABLE
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home decor online shopping sites

Specifications
In The Box
Sales Package
  • 1
General
Brand
  • PHILIPS
Model
  • Steam Iron GC1905/21 |1440 W With Indicator Light iron
Type
  • Steam
Color
  • White, Blue
Build
Soleplate type
  • Soleplate type:- Black Linished Soleplate
Comfort Features
Temperature Control
  • Yes
Indicator Light
  • Yes
Spray
  • No
Steam Burst
  • Yes
Self Cleaning
  • Yes
Cordless
  • No
Automatic shut-off
  • Yes
Power Supply
Power Consumption
  • 1440 W
Dimensions
Height
  • 15 cm
Width
  • 15 cm
Depth
  • 20 cm
More Details
  • Generic Name           Irons
  • Country of Origin       India
Rs 1450.00 Order
Quantity: MINIMUM ORDER
Booking: FOR BULK ORDER
Total Stock: AVAILABLE
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Tuesday, September 14, 2021

dummy camera

Specifications
General
Sales Package
  • 1 Dummy Fake Security CCTV Camera
Model Number
  • Dummy Fake Infrared Sensor Dome Wireless Security Camera
Number of Channels
  • 1
Camera Type
  • Dummy Fake
Video Output
  • NA
Video Recording Resolution
  • NA
Video Recording Frame Rate
  • NA
Product Details
HDD Available
  • No
Power Source
  • Battery Operated
Power And Connectivity Features
Power Requirement
  • 9 Volts Battery
Power Consumption
  • 1 W
Additional Features
Material
  • Plastic, Glass, Red Led
Model Name
  • Dummy Fake Infrared Sensor Dome Wireless Security Camera With Red Led Realistic Looking CCTV Surveillance MADE IN INDIA - Dummy4
Color
  • White, Black, Red
Warranty
Warranty Summary
  • 6 Months Warranty
Warranty Service Type
  • Service warranty
Covered in Warranty
  • Product warranty
Not Covered in Warranty
  • Physical damages
Domestic Warranty
  • 6 Months
Rs 00.00 Order
Quantity: MINIMUM ORDER
Booking: FOR BULK ORDER
Total Stock: AVAILABLE
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Monday, September 13, 2021

summer t-shirts mens

In The Box

Pack of

 1

 

General

Model name

Polo Neck Men’s T Shirts

Ideal for      

Men

Style

Polo

Design

Plain

Fabric

cotton matty

Occasion

Formal Wear

Pattern

Plain

Sleeve Type

Half Sleeve

Pattern

Plain

Country of Origin

India

Care instructions

Machine wash as per tag

Rs 296.00 Order
Quantity: MINIMUM ORDER
Booking: FOR BULK ORDER
Total Stock: AVAILABLE
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E-commerce Trend on Real Estate

  Future of eCommerce Platform in the Real estate sector Ecommerce has changed the face of many businesses in its way like clothing, fashion...

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