Retail Marketing in
India: Trends and
Future Insights
pp. 1–15
© Ambedkar University
Competing with Virtual Entities:
IT Product Purchases in India
Debdatta Saha
1*
, Ram Narayan Shrestha
2
, T M Vasuprada
3
1
Assistant Professor, Faculty of Economics, South Asian University, New Delhi
2,3
Research Scholar, Faculty of Economics, South Asian University, New Delhi
Abstract
This paper investigates the impact of recent price discounts offered by e-commerce
entities such as Flipkart on consumer preferences and on wholesale brick-and-mortar
sellers for Information and Technology (IT) products, speciically computers, laptops
and related accessories. Our results are based on a consumer survey in Delhi and a
supply-side survey of sellers at Asia’s largest electronic and IT goods market for
this product category (Nehru Place market, New Delhi). The Chi-square Automatic
Interaction Detection (CHAID) decision tree analysis is used to understand the
determinants of consumers’ preferred shopping destination. We ind evidence of a
signiicant shift away from brick-and-mortar shops in favor of online purchases with
high price-choice sensitivity among consumers. Business strategies that traditional
shops are following to counter the online price challenge are investigated. It is found
that diversiication of the product basket and price risk, rather than seller experience,
is a robust strategy to counter Bertrand price competition in retail.
Keywords
Bertrand Price Competition in Retail, Consumer Decision-making process, Chi-square
Automatic Interaction Detection (CHAID), Seller’s Risk Perception, Durable Goods
Purchase
1. Introduction and Objectives
In recent times, the biggest Schumpetarian upheaval in the Indian retail space has been
the explosion of e-commerce, with tempting choices and unbelievable prices across an
unimaginably large spectrum of consumer products (groceries, baby diapers, computers,
laptops, mobile phones, etc.). Although the present volume of e-commerce is miniscule
relative to total retail sales in India, the recent growth surge of e-commerce is impressive
with Credit Rating and Information Services of India Limited (CRISIL), estimating a
Compound Annual Growth Rate (CAGR) of 50–55% for the next three years.
In this paper, we study the effect on consumer preferences and ofline business
strategies due to competition by e-commerce in the sales of computers, laptops and
accessories. The choice of the ofline market place in this paper, namely Nehru Place,
is driven by the fact that it is Asia’s largest electronic goods market
a
. The product
category of IT goods is durable in nature, which is the desired product attribute for
which we intended our study.
* Corresponding Author: Debdatta Saha (debdatta@sau.ac.in)
a
This is mentioned in Sundaram (2004) as well as e-resources such as http://india24.xyz/
nehru-place-asias-biggest-computer-electronics-gadget-market/, http://www.nehruplace.net.
in/articles/nehru-place-asia-biggest-it-market.htm