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#331 - The State of E-commerce and Sourcing in India

Serious Sellers Podcast · with Meghla Bhardwaj · March 19, 2022 · 38 min

Summary

The Indian e-commerce market is experiencing explosive growth, presenting significant opportunities for Amazon sellers looking to expand their reach or diversify their sourcing. Despite global supply chain challenges, sourcing from India offers more favorable shipping conditions and costs compared to China, particularly to the US East Coast. This episode highlights how to navigate this burgeoning market, addressing everything from competitive landscapes to cultural negotiation tactics with Indian suppliers.

Key takeaways

Themes

amazon & marketplacessupply chain & operationsfounder & leadership

Topics covered

india e-commerce growthsourcing from indiaamazon indiaflipkartshipping costs india vs chinanegotiating with indian suppliersselling in india

Episode description

In this episode, we welcome back Meghla Bhardwaj to talk about the latest on selling and sourcing your products in India.

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Frequently asked about this episode

What does this episode say about amazon & marketplaces?
Indian e-commerce sales doubled between 2019 and 2021 during the festival season, indicating rapid market expansion driven by increasing internet connectivity in tier-two cities.
What does this episode say about supply chain & operations?
Shipping from India to the US East Coast faces fewer delays and lower costs compared to shipping from China, making it an attractive alternative for diversifying supply chains.
What does this episode say about founder & leadership?
Flipkart, owned by Walmart, is a major competitor to Amazon India, and together they control 80% of the Indian e-commerce market. Sellers should understand the nuances of both platforms.
What does this episode say about amazon & marketplaces?
Manufacturers in India are strong in categories like textiles, electronics components, home goods, and medical products, offering diverse sourcing opportunities.
What does this episode say about amazon & marketplaces?
When negotiating with Indian suppliers, build strong relationships, be clear on expectations, and understand that credit and payment plans are often part of the business culture.

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