Less profit for sellers
This is the best formula which gives maximum benefit for the buyers as well as sellers. Sellers will reduce the rates to maximize the sales because e-commerce websites has worldwide buyers and the cheap rates will surely maximize their sales. Although they are selling products with less profit but they can still manage it because of their bulk sales.
Advantages and e-commerce websites following this trend : Like I said before the main advantage of this method is that it provides maximum profit for the buyers as well as sellers. The cheap rates will attract the buyers to visit their online shops again and again and sellers can make huge profit with this. From my experience e-commerce websites such as Amazon, EBay, Flip kart, Myntra are following this trend. They also got highly rated customer support as well customer satisfaction.
Sales of old products
Did you ever searched for the manufacturing date of a product that you bought from online shopping websites? If no then you have to do that. We all know that each and every e-commerce websites has millions of listings and they will surely have thousands of sellers. Reputed e-commerce websites are very strict in the quality of their products, but growing online websites are not. A lot of sellers will be interested in these kinds of online shops because they knew that it’s the best platform for them to sell their old products. Sellers don’t have to publish the manufacturing date of any products in any e-commerce websites and buyers can’t see that until it reaches in their hands. The possibility of returning product because of old is zero because buyers must struggle a lot for the return (Like I said before this trend is not following by reputed websites and that’s why the return will be a great hustle for the buyers). However you can buy these products if these are branded because almost all branded products comes with at least one year manufacturer warranty and any complaint during that period will be repaired with free of cost.
Advantages/disadvantage and e-commerce websites following this trend : If you are buying a branded product with manufacturer warranty then this will not be a hustle for you. If you are not buying a branded one then it’s better for you to stay away from these. I didn’t find any disadvantage with this trend if the buyer doesn’t have any problem with the manufacturing date. From my own experience e-commerce websites such as Amazon, Flip kart, EBay (depend on the seller, always give preference to the customer ratings), Myntra are against this trend. But online shopping websites such as Shop clues, India times shopping, Pepper fry, Redid, HomeShop18 etc are following this trend for most of their products. I also like to warn you that, most of the products sells on Sunday Flea Market offered by Shop clues are old products.
It’s the last one as well as worst one. This method is commonly used by sellers of growing e-commerce websites and it's a great threat for newbie’s in online shopping. This is done by uploading pictures of branded products and selling of second quality products. Sometimes they will send you a product which is completely different from the listing on its dimension, size, quality etc.
Disadvantages and websites following this trend : This kind of fake practices are the main problems which is facing by online industry. If a buyer once goes through this kind of bad experience then he may lose hope in online shopping and it creates negative thoughts among the buyers. I have seen these kind of fake product listing in online shopping websites such as Pepper fry, Reddif, Kaunsa, India times shopping, and HomeShop18.
How to shop online securely
In my opinion, go for reputed online shopping websites often. E-commerce stores such as Amazon, EBay, Flip kart, Myntra, Jabong etc can be considered as reputed online store. It’s true that you have to consider and help growing e-commerce websites too. But it’s your money and you have to be very careful with that.