Future Scope of Internet Shopping in India
DOI:
https://doi.org/10.53555/cse.v2i2.549Keywords:
Future, Scope, Internet, Shopping, IndiaAbstract
This paper analyzes the impact of e-commerce on market where established firms cage competition from internet based entrants with focused offerings. An innovative product with societal acceptance is the one that aids the comfort, convenience and efficiency in everyday life. Purchasing and shopping at big malls is becoming daily activity in metro cities. We can see big rush at these malls on holidays and weekends. People purchase different items and put them in trolley. After completion of purchases, one needs to go to billing counter for payments. At billing counter the cashier prepare the bill using bar code reader which is very time consuming process and results in long queue at billing counter. In this paper, we discuss a product “Intelligent Shopping Cart” being developed to assist a person in everyday shopping in terms of reduced time spent while purchasing. The main objective of proposed system is to provide a technology oriented, low-cost, easily scalable, and rugged system for assisting shopping in person. New Information technology has taken important place in the future development of financial services, especially banking sector transition are affected more than any other financial provider groups. Increased use of mobile services and use of internet as a new distribution channel for banking transactions and international trading requires more attention towards e-banking security against fraudulent activities.
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