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Retailers in India face a variety of challenges that affect their operations, growth, and profitability. Here are some of the top challenges they encounter: 1. Competition and Market Dynamics E-commerce Growth: The rapid expansion of e-commerce platforms poses significant competition to traditional brick-and-mortar stores. Price Wars: Intense competition often leads to price wars, affecting profit margins. 2.Consumer Behavior and Preferences Changing Preferences: Keeping up with rapidly changing consumer preferences and trends can be challenging. Customer Loyalty: Building and maintaining customer loyalty in a highly competitive market is difficult. . 3. Real Estate and Rental Costs High Rental Rates: In prime locations, the cost of retail space can be prohibitively high. Space Optimization: Efficiently utilizing available space to maximize sales is a constant challenge. 4. Economic Factors Inflation: Rising costs of goods

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

The Open Network for Digital Commerce (ONDC) recorded 8.9 million transactions across retail and ride-hailing segments and 23% month-on-month increase in total transaction volume. Open Network For Digital Commerce (ONDC) Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Despite Fierce Competition, Brick-and-Mortar Electronic Retailers Remain Profitable In today's retail landscape, dominated by online giants, brick-and-mortar electronic retailers in India are quietly thriving. A recent report by Nuvama highlights how these traditional retailers continue to report strong profitability, def... https://lnkd.in/dG4HBQMW #RETAIL #DIGITALMARKETING_E_COMMERCE_CONSUMERPROTECTION_REGULATORYCOMPLIANCE_FINTECH #FOXCONN_VIETNAM_CHIPMANUFACTURING_ELECTRONICS_INVESTMENT #BRICK_AND_MORTAR #CONSUMER_DURABLES

As many as 76% of Indian consumers perceive the quality of items from international sellers as superior, driving their cross-border shopping more than their consumer counterparts in the UK (27%) and the USA (35%), according to a survey by Avalara, Inc. Click on the link below to know more... Avalara India I Dulles Krishnan #globalbrands #crossborder #shopping #ecommerce #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailresults #retailtrends #retailbusiness #ir #IndiaRetailing

Some interesting insights into consumer demand and growth for E-commerce marketplace after recently concluded festival season sales Demand for Premium Large Appliances: A remarkable 30% growth in demand YOY Platforms across India recorded total sales of nearly Rs 1 lakh crore Increased Demand from Tier II-III Cities & Beyond: Demand surged across these regions, expanding in every category

India’s e-commerce industry celebrated a milestone this festive season with sales reaching nearly Rs. 1 trillion (US$ 11.9 billion), reflecting a robust 20% growth from last year! This achievement highlights the remarkable digital shift in India’s retail landscape and the growing trust in online platforms. Here’s to continued innovation and progress in e-commerce and logistics in India! #Ecommerce #DigitalIndia #RetailGrowth #FestiveSeason #OnlineShopping #SupplyChain #Logistics #IndianRetail #DigitalTransformation #Future

The rising power of E-commerce! Annual sales by country: 1. China - $2.5 Tn 2. US - $900 Bn 3. UK - $170 Bn 4. Japan - $144 Bn 5. S Korea - $120 Bn . . 8. India - $68 Bn Sales Growth by country: 1. Mexico - 35% 2. India - 32% 3. Phillipines - 31% 4. China - 27% 5. Malaysia - 22% China is undisputably the biggest mammoth of E-commerce arena. It is 3 times bigger than the USA and a whopping 40 times bigger than India by sales. And guess what, Amazon, the most valued company on earth is not present in the biggest e-commerce market of the world 🌍 Where is this trend going? Any comments 📈 #Ecommerce #Retail #Growth

Movement towards e-commerce will continue in India like how it is in China. The challenge is how one makes e-commerce grow profitably. With focus on unit-economics (order level and brand level), ecommerce can generate value for both customers and investors. A senseless race to grow e-commerce will only lead to destruction of investor’s value.