For those who plan to set up shop on the Net, Ajit
Balakrishnan, chairman and chief executive officer of Rediff On The
Net, has some handy tips.
"All those who are setting up on-line
financial services should think again. Nearly 40 percent of Indians
surfing the Net are between the ages of 20 and 25 years," he
said at the India Internet World in the national capital. But this
is not the age group which really make purchases on the Net.
According to a survey by Rediff On The Net, most online consumers
belong to the 25-34 years age group. Besides, most of the online
buyers are young professionals, who have no time to go out and buy
but have the money, and have Internet access because of at their
office. Interestingly, of the 100 people who visit a site, only two
are likely to buy a product on the Net, said Mr Balakrishnan.
Nearly 80 of the each 100 Indians surfing the Net
are males, but the female population is getting there fast. Rediff
has witnessed a growth of nearly 5 percent in the number of female
surfers in the last six months, he said.
What do you hate most, and when, on the Net? Most
online consumers hate slow loading. "It is a constant battle
between improving the site and speeding it up," he said. More
than two clicks to get somewhere on the Net also has emerged as a
major irritant. Next in line is complex non-standard navigation and
repetitive user recognition methods. Common registration is very
difficult to implement, he agreed, but stressed on the need fo not
identifying users more than once on a particular site.
Further, he said, those who respect international
standards and those willing to serve niche needs are a hit with the
online consumers. Although there is a move to build India
certification standards, he stressed on the need to confirm to
international standards certification to appeal to the global
customers. Live help is also a must, specially since quite a few
online consumers are not sure of how to make use of the Net,"
Mr Balakrishnan said.
Here are some interesting findings. Most of the
Indian surfers access the Net from their offices or cybercafes. Only
about 20 percent of the online users have their own Net access or
can access it from home.
But average time spend by local surfers is
encouraging. At 20 minutes a day, it is the same as that in case of
Zee TV viewership, he said. And nearly 40 percent of the Net users
login every day, too.
Addressing the concerns about security on
e-commerce, Mr Balakrishnan said, "Unauthorised use of a credit
card is easier to detect on the Net than in a restaurant, because
you need to give your address for delivery of goods while ordering
on the Net."