Mumbai, May 7, 2009
eBay India, India's leading eCommerce marketplace, hosted an event today aimed at evangelizing eCommerce to residents of Surat . Mr. Muralikrishnan B, Director – Category Management, eBay India today shared the global entrepreneurship opportunities offered by the eBay Marketplace for Indian sellers with media representatives in Gujarat . eBay Global Trade Seller & Surat resident Mr. Hitesh Kasat was also felicitated on the occasion by Mr. Muralikrishnan.
Mr. Muralikrishnan B, Director – Category Management, eBay India said, “ eBay presents an opportunity for entrepreneurs in Surat to set up an eCommerce store and sell products to millions of eBay buyers worldwide. Global Trade or exports can be explained as sellers from India selling to buyers from other countries. Global Trade on eBay India is seeing significant traction with as many as 11,250 entrepreneurial sellers having benefited from this opportunity. We are offering a three month free dedicated eCommerce store to all new entrepreneurs from Surat who sign up in May 2009.”
Mr. Muralikrishnan added, “ Businesses in Surat are well positioned to leverage the eBay Global Marketplace to diversify & grow their business in the current economic conditions. eBay India sellers are witnessing strong momentum in retail exports inspite of the diamond & textile wholesale exports from India having been hit this year. In fact, Surat is the eleventh largest eCommerce Hub in India according to the eBay Census report.”
eCommerce is increasingly becoming mainstream, with entrepreneurial Indians selling online to a wide audience. Today, the eBay community includes more than 88 million active registered users worldwide . eBay provides an international platform where practically anyone can trade practically anything.
Mr. Muralikrishnan also shared some key trends in Global Trade with Surat residents:
Key eCommerce trends for Global Trade
I Sellers from Non-Metro towns increasingly selling globally: Ahmedabad and Surat are the top 2 cities for export in Gujarat
There has been a definite increase in sellers from non metro cities selling globally through eBay India . Sellers from cities such as Bakrol, Shillong, Aizwal, Khanna and Khamaria are successfully trading with countries across the world. There has been a growth in contribution of smaller cities to the business with 50 % of all global sellers on eBay India being from non-metro cities in India .
Gujarat has a large base of global trade sellers led by sellers from Ahmedabad & Surat. From Gujarat, eBay India has also seen global trade emerge from cities such as Rajkot , Una, Sihor and Bakrol.
II While US is the largest market for Retail Exports, UK, Canada, Australia and Germany have untapped potential for Indian Sellers.
There has been an increase in the demand for Indian products from thousands of buyers worldwide. In fact, buyers from over 140 countries have bought products from Indian sellers till date. An Indian seller sells an item to a global buyer every minute !
English speaking countries like UK , USA , Australia and Canada are natural markets for Indian sellers due to the ease of communication. However, enterprising Indian sellers have also made inroads into European markets such as Germany , France & Italy .
III Jewellery is the largest contributor to Global Trade from India – High demand also for Apparel, Furnishings & Handicrafts
Indian sellers are seeing tremendous success with products such as Jewellery, Apparel, Collectibles, Furnishings, Sporting Goods and Musical Instruments. eBay India sellers sell an article of clothing or accessory globally every 10 minutes while 11 pieces of jewellery sell every hour. A coin or a stamp sells every 15 minutes and a home furnishing item sells every 30 minutes. Interestingly, 14 musical instruments sell globally every day.
IV Surat Entreprenerus large exporters of jewellery and apparel on eBay India ;
Surat has always been strong in the export of products like jewellery (Loose Diamonds & Gemstone, Diamond Solitaire Rings, Vintage & Antique Jewellery) and Apparel (salwar kameez, chaniya cholis, kurtis, sarees, men's briefcases and bags), and we find a similar trend in exports on eBay.
Log onto www.eBay.in/globaltrade to learn how to sell internationally and become a global entrepreneur! Interested entrepreneurs can also call 1800 209 3229 to register.
About eBay India
eBay India (www.eBay.in), I ndia 's leading eCommerce marketplace, is India 's biggest online trading community where anyone can sell or buy almost anything. eBay India is a trading platform offering auctions, fixed price and classifieds modes of person-to-person trading. There are a wide range of products listed on eBay India in an array of categories including Apparel & Accessories, Books & Magazines, Cameras & Optics, Cars & Bikes, Coins & Stamps, Computers & Peripherals, Consumer Electronics, Fitness & Sports, Health & Beauty, Hobbies & Collectibles, Home, Décor & Furnishings, Jewellery, Kitchen & Home Appliances. Mobiles & Accessories, Movies & Music, Musical Instruments, Services & Real Estate, Tools & Hardware , Toys, Games & Baby, Travel, Tickets & Vouchers, Video & Computer Games, Watches and Everything Else. eBay India is a 100% subsidiary of eBay Inc.
About eBay
Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global eCommerce for an ever-growing online community.
