Personal Finance Loan – Personal Shopping Trends in 2018

Personal shopping online is easy by applying for a personal finance loan on All you need is Aadhaar, PAN and bank statement.

The year 2017 was phenomenal when it came to e-commerce in India. There were technological advancements in computing, data mobility, payments technology and online shopping. Terms such as ‘artificial intelligence’, ‘virtual reality’ and ‘augmented reality’, were found in almost every tech-oriented article.

Morgan Stanley has reported that by the year 2020, close to 320 million online shoppers would shopping in India. That is a hike of close to 6.3 times the number that was estimated back in 2015 (50 million). E-commerce, therefore, remains the future for retail shopping and for entrepreneurs in selling their personalized products.

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Personal Shopping in 2018

The number of online personal shopping consumers will cross 120 million by end of this year. This number will be surely aggravated by the festive season that is kicking in, with rains coming to a pass. Personal shopping websites will be splurging out discounts, deadline day deals, deal of the day, festival shopping day and other consumer capturing gimmicks to boost their sales.

The growth in online personal shopping can be attributed to the improved logistics support that India has witnessed. Just last year, more than 108 million customers shopped online. If you look at the device platform, mobile topped the list with close to 65% of shoppers preferring it. Apparel and accessories (54%), beauty and personal care (43%) were the top two categories with electronics (33%) coming a distant third.

Branding and marketing activities are absolutely crucial for e-commerce sites. The year 2018 has already seen an advent of marketing efforts based on performance. This is a no-brainer when it comes to e-commerce in India. Brands are looking to improve their ROI, taking help from marketing tactics to drive sales all the way to the end of the year.

Last year saw an upsurge in digital payments and mobile wallets. This year, not just added to surge but also will continue until the end of this year. More and more Indians will adopt digital and cashless payments. Although, not a common mode of payment right now, wallets are sure to become the staple in India by beginning of 2019. There will soon be payment options on e-commerce online shopping websites that will allow payments via mobile payments.

The Indian e-commerce scene was once limited to gadgets, electronics and technological products only. Now, the trend has shifted since the last 5 years towards fashion, apparel, groceries and lifestyle products. Brands are now working towards getting hold of a portion of the market size instead of going for the whole apple. The Airtel Online Store, for example is providing premium smartphones on credit.

Customer engagement and customer care have improved and will continue to improve till the end of the year. Instant feedback and support is what each and every one of us is looking for when it comes to understanding the product delivery status or about maneuvering through a particular website or web store. The future with regards to customer support is not just limited to chat bots. Virtual assistants such as Google Voice, Echo and Alexa are great examples to look at when brands think of adding technology to the customer support module. Handling real-time customer issues is paramount.

Data analytics is the next aspect which has seen an early boom during the first half of 2018. Every e-commerce shopping website relies on analytics driven data to make crucial business or product roadmap related decisions. This practice will gain a foothold with more avenues to gather data. Social media parameters for example are a great source for gathering demographic data. Every user or customer has unique interests and choices. By means of understanding their social network patterns, brands can work with more data to cater to individual preferences.

Keep an eye out for virtual shopping. Bringing online shopping to the user’s living room is the initiative of virtual reality centered experience. This easily bridges the gap between the physical and virtual world. Users can visualize the products without actually touching them.

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Online Shopping Loan in India

Now, we look at the funding that is needed to shop. For example, you are just married and need to populate your new home with home appliances or buy new clothes; you might a funding solution to spend on the required things. A consumer durable loan from Loan Singh can get you sorted with the appliances aspect, but what about the clothing, grocery and accessory needs? If you are earning enough then there is nothing to worry when applying for a shopping loan or consumer durable loan. Shopping loan is a financial opportunity that is not offered to everyone. Being salaried for at least 6 months, with no credit blemishes, are the traits of someone who can avail a shopping loan in India.

So what makes a shopping loan stand out compared to credit cards or borrowing from a ‘langotya yaar’. What you need to understand is that a shopping loan is a credit instrument that is different compared to a credit card loan or borrowing from a friend. We, at Loan Singh, want you to upgrade your aspirations and your lifestyle. There is no harm in upgrading your gadgetry or dressing sense. You are salaried and need to look your best. A whole new range of smartphones is being released with awesome features each year. World famous designers have their designs being sold online in India. Summer wear and spring collection are now being made affordable and easy. So, why not join the winds of change. Loan Singh’s finance blog tells you about everything related to unsecured loans in India.

Shopping Loan Benefits in India

Loan Singh’s hassle-free process and quick approval shopping loans are perfect for salaried individuals like you who are too busy to even take rest. The attractive EMIs and interest rates at Loan Singh, make shopping loans affordable to repay back. Add luxury to your mundane lives without putting too much strain on your finances. Your dreams are our dreams. We help turn your dreams into reality. Brand new appliances and electronic products are also needed in case you are relocating due to your job. The job relocation personal loan at Loan Singh helps cover exactly this.

Loan Singh’s easy EMI calculator can help you understand how much you need to pay in order to clear your consumer durable loan. The calculator only needs your intending loan amount and tenure for telling you how much you need to pay each month. The consumer durable loan can be availed between Rs. 50,000 and Rs. 5 Lakhs.

Another huge benefit you have with a Loan Singh shopping loan is that you have the freedom to choose where you want to spend your loan amount on. You can apply for a shopping loan and utilize the cash to spend on an Amazon, some on Flipkart or some on Snapdeal. Unlike so many ecommerce websites that let you gain discounts for possessing a debit card or points of a particular finance provider, Loan Singh’s personal loan can be utilized to be spent on the website you want and on the product you want to spend on.

About Loan Singh

Loan Singh is a digital lending platform that prides in providing online personal loan or unsecured personal loan to salaried individuals. You can apply for quick funds as an easy emergency loan which is not a bank loan. We provide a loan with the best personal loan interest rates. The instant funds, or instant loans, are loans between Rs.50,000 and Rs.5,00,000 taken for purposes such as:

You can calculate your easy EMIs using our personal loan EMI calculator. We accept bank statement, PAN, and Aadhaar for quick loan approval. A bad credit score or credit report errors can lead to personal loan rejection. The ‘Loan Singh Finance Blog’ is one of the best finance blogs in India. Loan Singh is a product of Seynse Technologies Pvt Ltd and is a partner to the Airtel Online Store.

Loan Singh’s Online Presence

Loan Singh is not an anonymous digital platform. We are present on almost all leading social media platforms. All you need to do is look for us. You can find us on Loan Singh Facebook, Loan Singh Twitter, Loan Singh YouTube, Loan Singh Pinterest, Loan Singh Instagram, Loan Singh LinkedIn, Loan Singh Blogarama, Loan Singh Google Review, Loan Singh Medium, Loan Singh Reddit, Loan Singh Tumblr, Loan Singh Scoop It, Loan Singh Storify, Loan Singh Digg and Loan Singh Blogger.

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Personal shopping online is easy by applying for a personal finance loan on All you need is Aadhaar, PAN and bank statement.

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