Facilitating e-Commerce Inclusion
I n the past, business sector has evidently adopted the changes in operations to stay ahead in the cut throat competitive world. E-Commerce technology trends have a significant impact on online shopping. Therefore, it’s no news that it will continue to have the influence of new technology, new consumer demands, and the constant shift from desktop to mobile devices. To note, India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175 percent from $8 billion in 2020 to $22 billion in 2021.
Not long before the techade took off and digital technology touched almost every life, online shopping was mainly associated with the techsavvy, smart phone friendly urbanites. Thanks to the rapid adoption of the internet in recent years, e-shopping is no longer accessed by a privileged few from Tier-I cities. The new category of online shoppers, accounting for 66 percent of all e-Commerce sales, comes from every nook and cranny as Tier-II cities, small towns and rural India are reaping the benefits of the internet and creating a level playing field. With digital commerce growing in leaps and bounds, e-Commerce marketplaces are ready to tap into its potential.
Nevertheless, the e-Commerce sector in India is currently at a late growth stage with catalytic presence of e-Commerce consultants and the emergence of new business models such as direct-to-consumer or D2C, the Thrasio model of consolidation & growth and the rapid rise of social & Q commerce. Let’s not forget, the country is home to more than 5000 active e-Commerce startups which are pushing the limits of digital commerce across the consumer retail segment and driving growth.
Siliconindia brings a curated list of e-Commerce consultants who have the business acumen and know-how of business operations and the digital commerce trends. These consultants have closely observed the industry and have just the right advices to help you catapult you business online.
Do let us know what you think
Not long before the techade took off and digital technology touched almost every life, online shopping was mainly associated with the techsavvy, smart phone friendly urbanites. Thanks to the rapid adoption of the internet in recent years, e-shopping is no longer accessed by a privileged few from Tier-I cities. The new category of online shoppers, accounting for 66 percent of all e-Commerce sales, comes from every nook and cranny as Tier-II cities, small towns and rural India are reaping the benefits of the internet and creating a level playing field. With digital commerce growing in leaps and bounds, e-Commerce marketplaces are ready to tap into its potential.
Nevertheless, the e-Commerce sector in India is currently at a late growth stage with catalytic presence of e-Commerce consultants and the emergence of new business models such as direct-to-consumer or D2C, the Thrasio model of consolidation & growth and the rapid rise of social & Q commerce. Let’s not forget, the country is home to more than 5000 active e-Commerce startups which are pushing the limits of digital commerce across the consumer retail segment and driving growth.
Siliconindia brings a curated list of e-Commerce consultants who have the business acumen and know-how of business operations and the digital commerce trends. These consultants have closely observed the industry and have just the right advices to help you catapult you business online.
Do let us know what you think
