{"id":106,"date":"2021-05-10T00:23:34","date_gmt":"2021-05-09T18:53:34","guid":{"rendered":"https:\/\/msfinance.in\/Blog\/?p=106"},"modified":"2021-05-10T00:23:36","modified_gmt":"2021-05-09T18:53:36","slug":"covid-pandemic-and-roll-of-e-commerce-business","status":"publish","type":"post","link":"https:\/\/msfinance.in\/Blog\/covid-pandemic-and-roll-of-e-commerce-business\/","title":{"rendered":"Covid Pandemic and roll of E-Commerce Business"},"content":{"rendered":"\n

Dear\u00a0Sellers\u00a0, Hope you all are well and safe , please be careful in this tough time . I am Tapas behera , E-Commerce Financial analyst & Consultant<\/strong> , would like to present some vital information about business condition of E-Commerce Sector in this Covid time.<\/p>\n\n\n\n

We all know it’s a very bad phase for not only our country India but also for whole World , it’s a very bad condition for Life ,Job, business. around 70 lakhs people lost their job , where one analysis told maximum people’s bank account have Zero Savings now , Maximum company closed , We are little lucky as engaged with E-Commerce business, as same business is running due to non contact delivery \/E-Business and some of coming under essential goods\/services . I am discussing here some Major points which can help you for Your business Growth if you are a managing partner , it can help an employee as well as an E-Commerce consultant . Everyone engaged with E-Commerce .<\/p>\n\n\n\n

Point 1#<\/strong> Why E-Commerce business is running where other business is closed<\/p>\n\n\n\n

State Government of Various states allowing to open E-Commerce company and Delivery as it’s non contact and can reach to your door, it’s Delivering Essential and non essential goods , Central government has not been issued any guidelines (Except normal safety majors ) for Same in this year , state Govt. issues guidelines and all E-Commerce staff need to obey same covid guide lines. Govt Observed it’s important for People as they need the goods both Essential and nonessential as local market \/Shopping mall etc are closed and movement to take same is difficult in this time and risk of infection , as a running business Company can balance in financially and operationally , financial rotation can happen and staff can pay on time with Job secure , Govt. can receive the tax so it’s might help to Government . We know it’s very less tax comparative of Large Scale business of offline but in this time same tax revenue can help govt. too. <\/p>\n\n\n\n

Point 2#<\/strong> What should be action plan of an E-Commerce business in this Covid time<\/p>\n\n\n\n

Company Management team should obey all the guidelines issues by local government and should train their staff for same ,should focus more on employee health , both Mentally and Physically , focus more on work from home , only operation and production team need to come office as it’s operational activities , try to avoid unnecessary expenses . Need e big plan for stock in hand but should not over stock , last year end of lockdown give an experience of a high sales , so we think this year also same will be repeated again , Company should ready with all action plan to achieve the same sales , company should add if Category addition require .<\/p>\n\n\n\n

Point 3#<\/strong> Why Maximum E-Commerce business could not balance the profitability for a long period of time <\/p>\n\n\n\n

In E-Commerce business , it’s matter your direct and indirect expenses , i mean you should clear about your commission , logistics and all portal Expenses , suppose you are selling a product of Rs 1000 under Flipkart Portal where Commission 15% , Logistics Forward 45-55-75 for Zonal , Local and national respectively , 2% pg fee or rs 20 which ever is higher , fixed fee 20 rs other transaction fee rs 20 , so company will get rs 715 if product sold to National and if return then Reverse Logistics will be charged as per mou , so it’s basic calculation should add with costing sheet , also return should tally with physical received pcs , Payment should reconcile timely else Online portal will not entertain , so all loss should avoid then a company can succeed .<\/p>\n\n\n\n

Company management should analyze above points and keep in mind to run a successful business , we are at MS Finance and Analysis Services<\/strong> , providing services of Payment Reconciliation for E-Commerce , Return operational management and Safe-t claim management , Cost to Profit business analysis , chanel analysis , Risk management etc around 200 companies across all over India , feel free to contact us , we will happy to hear from you .<\/p>\n\n\n\n

Regards<\/p>\n\n\n\n

Tapas behera<\/p>\n\n\n\n

Finance Analyst (E-commerce)<\/p>\n\n\n\n

T-9818958912<\/p>\n\n\n\n

mail : info.efinancereco@gmail.com<\/p>\n\n\n\n

skype: tapasbeherapintu<\/p>\n\n\n\n

Web : http:\/\/www.msfinance.in\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dear\u00a0Sellers\u00a0, Hope you all are well and safe , please be careful in this tough time . I am Tapas behera , E-Commerce Financial analyst & Consultant , would like to present some vital information about business condition of E-Commerce Sector in this Covid time. We all know it’s a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/posts\/106"}],"collection":[{"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/comments?post=106"}],"version-history":[{"count":1,"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/posts\/106\/revisions"}],"predecessor-version":[{"id":107,"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/posts\/106\/revisions\/107"}],"wp:attachment":[{"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/media?parent=106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/categories?post=106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/msfinance.in\/Blog\/wp-json\/wp\/v2\/tags?post=106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}