Citation:

Dr. Kumaraswamy Mora, Dr. V. Sreeshailam. "Impact of E-Commerce on Offline Business in the Nagole Area of Hyderabad City" International Research Journal of Economics and Management Studies, Vol. 3, No. 1, pp. 43-46, 2024.

Abstract:

Nowadays, e-commerce become part and particle of online business. On the other hand, offline business persons want to increase their profits and cope with the e-commerce business competition. Moreover, the world is whirling around ecommerce in the way of business activities in the course of all trading, manufacturing, and service sector organizations preferring the same kind of business activities, which is quite common for a fast-developing country like India. Such nations are required to adopt e-commerce transactions. On the other hand, the regulating authority has to take care of the offline businesses’ capabilities to stand up to the competition of large-scale and multinational corporations. The electronic way of business is a must for economic growth; on the other hand, such business activities should not affect the traditional business concerns in India, such as offline, Street Vendors, and Local Retailers. Especially the General Stores in Telangana State, mostly affecting indigenous businesses preceding their turnover, gains, name and fame, and customers. So, the concerned regulating authority has to consider these kinds of businesses. The present study is going to focus on the impact of e-commerce on offline business turnover of General Stores in the Nagole area of Hyderabad city in Telangana State for the financial years 2021-22 and 2022-23. The Paired t-test, a statistical tool, is going to be exercised to study the data.

References:

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Keywords:

E-Commerce, Traditional Traders, Fast-Developing Country General Stores.