Commerce and digital commerce is rapidly evolving in India.
While many people are busy with business and their daily lives, many people do not understand what is going on with digital commerce in India and how it can help them.
Here are some things you need know to understand the digital world in India in 2017.1.
Businesses are not going away.
For the past five years, businesses have been doing a lot of digital marketing and are still expanding in India, with some being even more prominent than before.
According to a report from the McKinsey Global Institute, the global digital business in 2017 will reach US$4.9 trillion.2.
Digital commerce is changing the way people shop.
People are getting online shopping done in stores and in their homes.
They are also getting rid of cashiers and other staff in stores to get to their goods faster.
But there is one important aspect missing from the shopping experience.
Many businesses are still struggling to find a buyer.
The most common way people find their goods is through online ads.3.
It is still the best time to be an online seller in India to be able to earn a decent salary.
According the latest data, the average starting salary of an online entrepreneur in India is around $10,000 per month.4.
The biggest threat to your job is not piracy but a big change in the digital economy.
Digital advertising is changing how people shop and are spending money online.
People can shop for almost anything.
They do not need to be in a place like a store or a shop to find products online.
For example, people can go to Amazon and shop on their smartphone for a product.
If a product does not fit in their price range, they can just click on the ad and get the product for free.
If they want to pay more, they will use credit cards.
However, this has brought about a whole new level of competition for the big brands.5.
It’s better to be safe than sorry.
Online shopping is still risky.
According McKinsey, about 85% of all online sales are fraudulent, including the fraud of credit card payments.
But the threat of fraud has diminished in recent years and the risk of a lost business is lower.6.
Digital businesses are booming.
In 2017, the digital market will be worth about $US5.8 trillion, according to the McKinseys report.7.
Digital business in India has grown exponentially.
It has increased in size from $1.4 trillion in 2016 to $US6.2 trillion in 2017, according the McKinys report.8.
There is a big digital divide in India today.
According a McKinsey report, in 2017 about 75% of India’s total digital businesses are located in the Northeast and West, with the rest in the country’s centre.
The region has the highest concentration of digital businesses in the world.9.
India has seen a lot more startups in the past two years.
According Amazon’s own figures, there are now over 10,000 online retailers in India with nearly 5,000 of them starting up in 2017 alone.10.
A digital economy is a business model that you can use to grow your business.
Digital companies are different from retail companies.
A retail company is a physical store that sells products.
Digital stores have been around for decades.
They can be very different from a brick-and-mortar store.
They need a different model for how they manage the digital business, according McKinsey.11.
You can have a good time in India by working hard and learning the fundamentals of digital commerce.
The country has the best online shopping experience in the western world.
Digital entrepreneurs can start their own businesses, grow their business and start earning income.12.
The future is digital.
A few years ago, it was a big question mark whether India would be able as a digital economy, but the current data show that it is becoming a lot easier and more prosperous.
The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.