In every crisis lies a great opportunity and the lockdown in 2020, has unlocked the full potential of the e-commerce industry with most retail businesses going online to sell their goods and services. 2020 has propelled the e-commerce industry by at least a decade, fundamentally altering how most businesses operated and grew, as well as how the consumers shopped and spent. People who normally shopped in offline stores took to multi-brand e-commerce networks such as Amazon, Flipkart, Bajaj Finserv EMI Network store, Snapdeal, etc. to get essentials and durables delivered at their doorstep.

Nielsen India’s E-commerce Consumer Panel reported that the average spend of online shoppers witnessed an increase of 39 percent for electronics and accessories, 12 percent for mobiles and accessories, 10 percent for apparel, footwear, and fashion accessories, and 9 percent on electrical appliances, once the lockdown was lifted. These trends indicate how customers now increasingly feel comfortable shopping online from their homes. Even with the signs of lives returning to normalcy, consumers across the board are still reluctant to fully return to offline shopping. So, now is a good time for consumers to leverage the following benefits of online shopping in 2021.

How can Consumers Leverage from Online Shopping in 2021?

E-commerce platforms such as the Bajaj EMI Network store available on Finserv MARKETS are ideal and reliable places for consumers to make the most of online shopping in 2021. Here are ways in which consumers can leverage from online shopping:

  • Establish the product quality: Online shopping platforms house a variety of products ranging from a hairpin to a laptop, sold by lakhs of registered sellers. While the seller registration and photographs are ways to establish product authenticity, the quality of the product can be measured based on customer reviews for the product. Buying a product with zero or no customer reviews could be a risky proposition.
  • Check Price Comparison: Consumers would be interested in buying from an online portal that offers the least price of a product. Several price comparison websites aid the consumers in comparing prices of products such as gadgets on multiple e-commerce portals and arrive at a minimum price. Setting price alerts on these price comparison websites shall keep you updated about the prices as and when they fall.
  • Keep an eye out for deals and discounts: Check out the online shopping portals for daily deals and discounts being offered on products. Besides, you can avail of gift cards, special deals, and cashback offers during the sale period.
  • No-cost EMI Payment options: Most banks and card merchants are now tying up with reputed online shopping portals, mobile wallets, and are offering no cost EMI cards to their regular customers for payment purposes. These cards feature exclusive cashback for regular purchases as well as purchases made during the sale period. For instance, just like most credit or debit cards, payments made through the Bajaj Finserv EMI card allows customers to enjoy a host of benefits such as no-cost EMI, zero down payment, and same-day delivery for purchases made via Bajaj Finserv EMI Network Store and online partner stores such as Amazon, Flipkart, Pepperfry, MakeMyTrip, etc.

Where can I use the Bajaj Finserv EMI card?

The Bajaj EMI card is so popular that there is a long list of Bajaj Finserv EMI card accepted shops and e-commerce partners along with the Bajaj Finserv EMI Network available on Finserv MARKETS. You can now shop for a variety of products ranging from electronics, electrical appliances to fitness equipment and fashion accessories on the Bajaj Finserv EMI card accepted shops available online, at no-cost EMI, 24-hour delivery, and zero down payment.

Additionally, a Bajaj EMI card in your possession allows you to avail of a pre-approved loan amount for any purchases, and the loan can be repaid in EMIs within a chosen flexible tenure period. The application process to avail a Bajaj EMI card on Finserv MARKETS is quite simple and does not take more than a few minutes with a minimal card fee if found eligible. So, hurry up to apply for the card and shop for your favourite products at any of the Bajaj Finserv EMI card accepted cards.

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.

By Richard