India's Unicommerce reports a remarkable 31% increase in profit, highlighting its continued success and growth in the e-commerce sector. This impressive financial performance underscores the company's strong market position and its commitment to delivering top-tier solutions for online retailers. #Unicommerce #EcommerceGrowth #ProfitIncrease #EmergingTiger
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Retailers should upgrade themselves, says the Retailers Association of India (RAI), rather than whining about the emergence of Q-commerce and e-commerce platforms. 🟢 It is noteworthy that a number of fast-moving consumer goods (FMCG) companies have reported robust double-digit growth in online sales via quick-commerce. 🟢 In the upcoming years, it is anticipated that quick-commerce platforms would account for 45% of the online grocery sector, up from 10% at the moment. 🟢 The gross merchandise value (GMV) of fast commerce in India increased by more than 70% to $2.3 billion in 2023 from the previous year. #reachus - nitesh@wansaa.in 6005953534 #retails #quickcommerce #fastdelivery #digitalbusiness #onlinedelivery #fmcg
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📊 In recent years, India has witnessed a transformative shift in its retail landscape with the advent of Quick Commerce (Q-commerce). This emerging sector, characterized by ultra-fast deliveries of essential goods and services, has gained significant traction due to changing consumer preferences and technological advancements. As one of the fastest-growing markets for e-commerce globally, India presents a fertile ground for Q-commerce players aiming to capitalize on the demand for instant gratification and convenience. This report delves into the current state of Q-commerce in India, analyzing market dynamics, key players and prospects that lead to the growth of this industry. #quickcommerce #india #growth #zomato #swiggy #zepto #analysis #growth
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Q-commerce is booming in India. But here's what nobody's talking about: It's not just about speed. It's about changing consumer behavior. In my 14+ years in digital business, I've never seen adoption this fast. Quick commerce now contributes 33-36% of FMCG e-commerce sales. Why? Because it solves real pain points: • Instant gratification • 24/7 availability • Reduced decision fatigue For beauty brands, this is a game-changer. Imagine running out of mascara right before a big event. Q-commerce saves the day. But it's not all rosy. Challenges remain: • Last-mile logistics in tier 2/3 cities • Maintaining product quality • Balancing speed with profitability The opportunity is massive. India's q-commerce market could hit $9.9B by 2029. Are you adapting your strategy for this shift? #QuickCommerce #DigitalTransformation
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Here are the factors contributing to the rise of D2C brands. #LIPostingChallengeIndia #LinkedInNewsIndia India has witnessed an explosive growth in online spending. The pandemic coerced the adoption of e-commerce channels like never before. A majority of consumers are today shopping online either by compulsion or for convenience. Also, the advent of secure online payment options and fast-expanding logistics support make it easy for buyers to shop from anywhere. Research analyst inform that online spending in India is expected to reach $200 billion from $39 billion over the next 5 years. So without a doubt, these factors are propelling the growth of D2C brands including FMCG across our country in the upcoming years.
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E-commerce in India is expected to witness a massive 27% growth in 2024. Are you ready to ride the wave? Auxzon’s store setup and product optimization solutions are designed to give your online business the competitive edge it needs. Let's grow together! #Ecommerce #DigitalTransformation #OnlineBusiness #BusinessGrowth #Auxzon
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The Indian e-commerce industry was valued at around 83 billion in 2022 and is projected to reach 200 billion by 2026, according to estimates by IBEF (India Brand Equity Foundation). The CAGR (Compound Annual Growth Rate) from 2022-2026 is expected to be around 19%, showing strong upward momentum. The e-commerce landscape in India is not only growing rapidly but is also becoming more diverse, offering significant opportunities for brands to tap into both urban and rural markets. #amazon #flipkart #ecommercebusiness #onlinebusiness #businessgrowth
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Indian #retailers are bringing their focus to local tastes, ensuring that customers in smaller towns can buy the products they want. More insights in our latest report 'Achieving #seamlesscommerce in India' https://social.kpmg/2n1pbq | #retail #CX #customerexperience
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Indian #retailers are bringing their focus to local tastes, ensuring that customers in smaller towns can buy the products they want. More insights in our latest report 'Achieving #seamlesscommerce in India' https://social.kpmg/2n1pbq | #retail #CX #customerexperience
Achieving seamless commerce in India
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The future of e-commerce in India looks incredibly promising! 🚀 With annual growth rates expected to hit 18% through 2025, the potential is vast. By 2030, India is set to become the third-largest consumer market in the world. This highlights the huge opportunities ahead for the e-commerce sector. Exciting times for businesses and consumers alike! #BharatGo #EcommerceGrowth #IndiaRising #FutureOfRetail #factsdaily #India
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𝗤-𝗖𝗢𝗠𝗠𝗘𝗥𝗖𝗘 ▫️ Quick commerce (Q-commerce) is a model that prioritizes delivering small orders, like groceries, to urban customers within an hour. ▫️ It tends to focus on the micro - smaller quantities of fewer goods. For example, a missing ingredient urgently needed for a recipe that’s already in motion. ▫️ Consumers now want and expect more items than ever to be delivered to their doorstep. It is no longer a case of waiting 24-48 hours for a delivery. Rather, the expectation for this is now a matter of minutes. ▫️The q-commerce market in India is expected to grow at a compound annual growth rate (CAGR) of 24.33% from 2024–2029. ▫️This is expected to lead to a projected market volume of US$9.95 billion by 2029. 🔍 𝙻𝚎𝚝 𝚞𝚜 𝚏𝚒𝚗𝚍 𝚘𝚞𝚝 𝚖𝚘𝚛𝚎 𝚊𝚋𝚘𝚞𝚝 𝚀-𝙲𝚘𝚖𝚖𝚎𝚛𝚌𝚎 𝚒𝚗 𝚝𝚑𝚒𝚜 𝚌𝚊𝚛𝚘𝚞𝚜𝚎𝚕. #QCommerce #FastDelivery #FMCG #Growth #Revenue
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