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Posted by Nipuna Neupane

E-commerce in Nepal

Business, Technology 0

E-commerce in Nepal: Past, Present and Future

E-commerce in Nepal has started to grow and impact lives positively. Hungry and lazy? Food will be delivered at your doorsteps from your favorite eateries- choose the food, the restaurant and your method of payment, give them your location for delivery and BOOM food arrives where you want it! Gone are the days when you had to drunk drive to go get more booze while having a night out with your mates- service providers are ready to deliver the liquor of your choice at your doorsteps whenever you want it! These are just examples of how the evolution of online businesses have impacted the purchasing trends and scenarios in Nepal. Our country is currently taking baby steps towards a technical revolution and e-commerce in Nepal looks like a very promising and happening prospect.

e-commerce in Nepal
Your device is now the store you buy from!

                To understand more about e-commerce in Nepal, first one must know the basic concept of e-commerce. E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business. So basically, e-commerce means buying or selling anything over the internet. The concept is that you browse for the product of your choice online, buy what you like and it gets delivered to you. It saves you the effort, time and fuel cost. How hectic is shopping when you have to go from shop to shop looking for merchandise? All this is solved by the introduction of e-commerce.

                E-commerce in Nepal is a relatively budding prospect. About a decade ago, Send Gifts to Nepal was setup with the help of which people residing abroad sent gifts to their loved ones in Nepal. Although this wasn’t exactly Nepal based, it gave people a sneak peak of what buying things online looked like. Later on, platforms like Muncha.com, Bhatbhatenionline, Thamel.com, Giftmandu et cetera were introduced but could not get their expected popularity because back then people in Nepal were just getting familiar with the Internet and it’s many wonders. With the gradual increase in the number of internet users with time, right now, e-commerce in Nepal is flourishing and gaining huge momentum. People are loving this idea of shopping with the help of their devices- not only clothes but everything from furniture to food, liquor to electronic appliances.

                With more people getting access to the internet, the future of e-commerce in Nepal looks even more promising. Because of that, even traditionally run businesses are looking to hire personnel to make their business e-commerce friendly as well. The market is evolving rapidly and those who do not keep up with it are bound to be swept off their feet. The internet is what’s trending right now and it will be the case for the foreseeable future. There may soon come a time when even a small Nepali household will buy their rice, lentils or toothpaste with the help of e-commerce. That is the potential right there. How it will progress depends on how well the businesses can integrate this into the lives of their customers. So far, so good!

If you want to create an amazing E-commerce website to amplify your business, contact us and venture into this amazing world of business with the help of the internet! Click here!

‘Starting up’ in Nepal tends to become a horrible trouble in the beginning.

BUT SUCH COULD CHANGE US FOREVER!


The Social Media is hot, and they’re hitting  on #Tootle and #Pathao.  The questions of legality are intact, but this is not the only discussion that should be going around. Here, a few thoughts I could not resist as we share the Industry:
‘Starting up’ in Nepal tends to become a horrible trouble, in the beginning.
 
My part of experience said that. As most-startups come through a youngster mind, In the beginning period all energy rolls into digging problems out, getting more exposure to your services or getting through experiments that would adapt you in this almost-neutral market.
 
And at around the end of your first fiscal year, you get truly amazed, shocked and in tons frustrated when you come to know about all hassles you’ve been missing. This happens to every start-up founder. This has happened to #metoo, 7-9 years back.
 
We paid a horrible amount of fines and taxes for our first startup when we didn’t even have enough pocket money raised.
 
The next or next year we somehow find ways to adapt in the system, no matter how messed up that is. But, that happens for I think 5% of or less those started. Rest are collapsed upon learning, some with frustration, partnership issues, capital crisis or with maturity. I’ve a lot of friends those have fled abroad.
 
We are young, we devote to change as we are somehow the generation that not just vows for #EasyMoney. A problem solver does not much like to get enrolled into problem, naturally.
 
The current tax and company regulations are somehow understood as ‘problems’ in the #NepaliStartup Industry.
 
The amount of startups and CEOs we see around in Nepal has drastically accelerated in the past 2-3 years. Maturity is the matter of time but as we see its current impact, isn’t this the future we’ve been seeking for?
 
A few past decades were to #ExportLabor, the most important development resource sold for the cheapest price!
This has to change? The current startup wind somehow puts a seed inside that eventually acts in as a psychology to start my own. The startup Industry should not be pulled into politics, rather facilitated.
 
With current #Tootle, #Pathao conflict, it is likely that the startup industry is now a discussion topic. Most people might have heard the #startup word for the first time, this is eventually a milestone that will lead us to formulating favorable policies and startup laws. We don’t hope that very soon, but if that happens we’d be most happiest ones as most of us are not hear for easy money or corruption, unless frustrations are resolved.  Technology does not rest and  the young is not much exposed to frauds and tax cheats, it’s better to guide them, give a startup
 
In my personal understanding, every starter youngster has seen a #StableNepal for the first time he/she can remember. He has energy that can be driven and if a few favorable policies come, this can be a huge huge trend. We’re good to go with trends afterall!
 
Some will be developing opportunities here, some would bring back capital and expertise and the most would retrurn back..   f
 
Travel and Tourism
Posted by Manoj Bhattarai

Are you into Tourism?

Business, SEO, Social Media Marketing 0

Tourism is a business talked rigorously and practiced regularly . Through long decades, there are uncountable business firms going through hassle of tourism business. Well, practicing is not enough to get the desired results. If you are into tourism, grab all your energy and focus on the smart practice .To survive in the competitive global tourism marketplace, you have to be smart and act smart.

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