Aditya Negi’s Post

E-commerce is revolutionizing the landscape for small and medium-sized enterprises (MSMEs) in India, presenting unparalleled growth opportunities and market expansion. Here’s how: 🌍 Wider Market: E-commerce platforms eliminate geographical barriers, enabling MSMEs to reach global markets, tapping into niche segments and diverse customer bases. 📱💬 Enhanced Customer Connection: E-commerce facilitates cost-effective customer acquisition and communication. Social commerce enhances this further, allowing personalized engagement on social media for dynamic interactions. 📈 Accelerated Growth: By leveraging e-commerce, MSMEs can drive revenue, expand market reach, and reduce marketing expenses. RedSeer projects MSMEs to grow at a CAGR of 60–70%, outpacing the online retail sector's 25% CAGR through FY 2027. E-commerce isn’t just a tool; it's a catalyst empowering MSMEs to succeed in a digital-first era! #ECommerce #MSME #DigitalGrowth #MarketExpansion #CustomerEngagement #BusinessGrowth

Ecommerce Boom in Tier 2 & 3 India! 🇮🇳 My new report dives into the surge of online shopping in India's smaller cities. These regions hold the key to future growth! Here's a glimpse of what you'll learn: - How mobile & internet are driving the shift. - Top product categories and buying behaviors. ️ - Challenges & opportunities for businesses. Are you eager to find out more? View the complete report here! Check out the Power Bi-created dashboard for the same topic (I have pinged it in the comment box). #ecommerce #india #marketresearch #tier2cities #tier3cities #retail

Statista forecasts a promising future for India's eCommerce sector, projecting a compound annual growth rate (CAGR 2023-2027) of 13.7%. This trajectory is anticipated to lead to a significant market volume of around $96B by 2027. #PublicisCommerce #ecommerce #IndiaEconomy

🚀 Exciting Times Ahead for Digital Transformation in India! 🇮🇳💻 As we stride into the digital era, India's landscape is witnessing a remarkable transformation, with technology acting as the catalyst for change. One of the most compelling narratives unfolding is the exponential growth of the Indian ecommerce industry, which has not only revolutionized the way we shop but has also significantly contributed to the country's digital evolution. 🌐 **Ecommerce's Soaring Trajectory:** The Indian ecommerce industry has transcended geographical boundaries, reaching every nook and corner of the nation. What began as a novel concept a few years ago has now become an integral part of our daily lives. From groceries to gadgets, consumers today enjoy unparalleled convenience and choice at their fingertips, courtesy of ecommerce platforms. 💡 **Driving Force Behind Digital Transformation:** This rapid expansion of ecommerce is not just a testament to consumer behavior but also underscores the power of digital transformation. It's not merely about buying and selling online; it's about leveraging technology to streamline processes, enhance efficiency, and deliver superior customer experiences. This shift has spurred innovation across the entire value chain, from supply chain management to last-mile delivery solutions. 🔍 **Key Trends Shaping the Future:** Several trends are shaping the trajectory of the Indian ecommerce industry: 1. **Rise of Omnichannel Retailing:** Blurring the lines between online and offline shopping experiences, omnichannel retailing is gaining prominence, offering consumers seamless integration across multiple touchpoints.    2. **Focus on Hyperlocal Delivery:** With the emphasis on quick turnaround times and same-day deliveries, hyperlocal delivery models are gaining traction, especially in urban areas. 3. **Emergence of Social Commerce:** Social media platforms are evolving into shopping destinations, with features like shoppable posts and live commerce transforming how brands engage with customers. 4. **AI-Powered Personalization:** Leveraging data analytics and artificial intelligence, ecommerce players are enhancing personalization efforts to deliver tailored recommendations and curated shopping experiences. In conclusion, the journey of digital transformation in India is synonymous with the remarkable growth story of its ecommerce industry. As we navigate the evolving landscape, embracing innovation and staying agile will be key to unlocking new opportunities and driving sustainable growth in the years to come. Let's embark on this journey together and shape the future of ecommerce in India! #DigitalTransformation #Ecommerce #FutureofRetail #India2025 #TechTrends

E-commerce penetration in India is at 5-6% of total retail Vs China (~35%) and US (~23%) One of the key differences between online and offline shopping is the lack of "touch and feel" in the digital world. Customers can't physically interact with products before buying. To bridge this gap, e-commerce platforms rely on rich content on product description pages. High-quality images, informative infographics, and engaging videos play a crucial role in showcasing products and influencing purchase decisions. Consumer behavior is shifting towards a preference for visual information. People today are more likely to be captivated by photos and videos than lengthy text descriptions. Content-Led Commerce - Content-led commerce in India is still in its early stages, but it holds immense potential. By leveraging engaging and informative content, businesses can bridge the touchless gap and drive significant growth in the Indian e-commerce landscape. #ecommerce #content

India's eCommerce market is on a trajectory to hit US$ 111 billion by 2024 and soar past US$ 200 billion by 2026. Now is the time to position your business for unparalleled growth and success in the digital realm.💸 Don't wait, capitalize on this booming market today!🚀

As India undergoes a substantial growth phase, the surge in B2C e-commerce GMV, currently at $65 billion, is anticipated to witness a sixfold increase, reaching $380 billion by 2030, predominantly driven by increased penetration in smaller towns and cities. #digitaleconomy #indiamarket #indiaecommerce

🚀 Exciting News Alert! 🚀 Did you know that India's e-commerce industry is on an upward trajectory, with immense growth potential and attractive opportunities awaiting? 📈💼 Let's dive into some fascinating facts: 📊 Growing Demand: India’s social commerce is set to soar to US$ 16-20 billion in FY25, growing at a remarkable CAGR of 55-60%. Plus, with the e-commerce market expected to hit US$ 111 billion by 2024 and US$ 200 billion by 2026, the opportunities are boundless. 🌱 Expanding Market: Over the past three years, India has gained 125 million online shoppers, and another 80 million are expected to join by 2025. And let's not forget about the massive US$ 200 billion opportunity in India's Business-to-Business (B2B) online marketplace by 2030. The potential for growth is immense! 🎯 Attractive Opportunities: In 2022, the Indian e-commerce market saw a 21.5% increase, reaching US$ 74.8 billion, more than half of which comes from the consumer electronics and appliances. And the projections are even more exciting – with expectations to reach US$ 350 billion by 2030 and US$ 163 billion by 2026, with a CAGR of 27%. 🛍️ Policy Support: The government's policies are favorable, allowing 100% FDI in both B2B e-commerce and the marketplace model under the automatic route. This opens up doors for both domestic and international players to thrive in the market. Government's initiative like GeM and National retail policy also indicates their will to promote the ecommerce industry. 💰 Increasing Investments: With the rise in digital literacy, investments in e-commerce firms are pouring in, creating a level playing field for new entrants and fostering innovation to disrupt traditional market norms. The future of India's e-commerce industry is bright, with ample opportunities for growth, innovation, and success. Join the journey towards a thriving digital economy! 💻📈 #Ecommerce #India #DigitalEconomy #GrowthOpportunities

#MOCASNACK The Indian e-commerce market is currently valued at 63.1 billion USD. It will rank #1 among G20 countries in retail e-commerce development, with a CAGR of 14.1% from 2023-2027, according to Statista. It recorded a significant 26.2% YoY growth in order volume in 2023, driven by a 23.5% YoY increase in annual GMV, according to the India E-commerce Index 2023’ report by Unicommerce. In terms of category, the electronic products and peripherals segment reported a 46.8% increase in YoY order volume growth, the eyewear and accessories segment recorded a 44.6% YoY order volume growth, and beauty and personal care segment grew 26.6% year-on-year in terms of volumes, as per the ‘India E-commerce Index 2023’ report by an e-commerce enablement SaaS platform Unicommerce. The market is expected to see the strongest increase in ecommerce value sales in Asia Pacific region in the next five years, propelled by the convinience of wallet and UPI usage, says OOSGA. #Indiaecommerce #appmarketing #onlinesales #mobilemarketing

Alternate channels of business in India: Missed by Global & Indian brands managers. Take a peek 👀 Somebody dropped this booklet directory - Informer with morning newspaper. It's almost as old as internet shopping is in India i.e since 2010. In CE segment, when we launch or expand distribution, we look at eCommerce Channels & Retail Chains as primary GTM strategy and nothing wrong with it. Let's see what are these Alternate or rather Added Channels 1.Government e-Market (GeM) portal: - 💰 Rs.3 trillion turnover est in FY24 - GeM’s prices were 9.5 per cent lower than other online platforms - It has 63,000 Government Buyers 2. Rising Star 💫 in ONDC, will be largest shopping network in coming decade. - Crossed 50 million transactions - Beauty/personal care and electronics contributed to 21.89% While eCommerce and (LFRs +SFRs+GT) will dominate the international brands for bulk of their business, but there're some hidden gems viz GeM, ONDC and maybe the Informer booklet as shown below. PS: I really don't know what's the circulation or efficacy of Informer but I pick it up, whenever it comes to my doorstep. It also has some international brands advertising indirectly though.