Wansa’s Post

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

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

🚀 The Rise of Quick Commerce in India: A Game-Changer for Retail What is Quick Commerce? Quick commerce refers to ultra-fast delivery services that cater to our immediate needs. Think of it as the express lane for online shopping. From groceries to essentials, Q-commerce promises lightning-speed deliveries, often within minutes. It’s like having a personal shopper at your fingertips. Several factors are driving the surge of Q-commerce in India: 1. Changing Consumer Behaviour: Our fast-paced lives demand convenience. Q-commerce bridges the gap between impulse buying and instant gratification. 2. E-Commerce Evolution: Traditional grocery shopping has evolved from local Kirana stores to self-service supermarkets and now to online platforms. 3. Pandemic Acceleration: COVID-19 accelerated the adoption of online shopping. India’s Q-Commerce Boom - The Indian Q-com market is expected to grow 15x by 2025, reaching a market size of nearly USD 5.5 billion. Millennial and Gen-Z consumers in metro and tier-1 cities drive this demand. The Future of Retail As India embraces Q-commerce, businesses must adapt. Seamless logistics, robust technology, and exceptional customer service will be the cornerstones of success. Whether you’re a consumer or a retailer, keep an eye on this dynamic space—it’s changing the game! #QCommerce #RetailRevolution #India2024 Follow for more. 😉

#SmyttenInNews🗞️ E-commerce retailers have been gearing up for a festive season of record sales—both online and offline! Curious about the key drivers behind this growth and what it means for the future of shopping in India? 🤔 Read more here: https://lnkd.in/gUiRQ737 #Smytten #GetSmytten #TryItAll #TrialPacks

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

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

Simple and Insightful stats, thanks Ritik Rustagi

Tap into the thriving e-commerce landscape of India, a market ripe for the online retail revolution. Explore endless possibilities to establish your digital presence and reach a vast consumer base. #ECommerceBoom #OnlineRetail #DigitalMarketplace

India is on the verge of an online retail revolution, with its e-commerce market experiencing explosive growth. With over 800 million internet users and an increasingly tech-savvy population, the opportunities for businesses are limitless. 🌐 Whether you’re an established global brand or a fast-growing enterprise, tapping into this dynamic landscape can elevate your business to new heights. Imagine reaching a vast, diverse consumer base across urban and rural regions, backed by the convenience of digital payments and evolving online shopping habits. 💼 From expanding your digital presence to implementing an omnichannel strategy, the time is NOW to seize the opportunities India’s booming e-commerce sector offers. Ready to be part of the next big thing? #IndiaEntry #EcommerceGrowth #DigitalTransformation #OnlineRetail #BusinessExpansion

July 4, 2024, Source: Economic Times, The Quick Commerce (q-commerce) sales contribution has doubled for Indian FMCG majors in India. Notable highlights include: - Q-commerce's share in e-commerce sales surged from 17-18% to 33-36% year over year. - E-commerce, modern trade, and general trade collectively contribute 7-10%, 12-15%, and 80% respectively to Indian FMCG sales. - Parle witnessed q-commerce contributing more than 50% of its e-commerce sales. - ITC's sales now comprise 31% from e-commerce and modern trade combined, up from 17% in FY20, primarily driven by q-commerce sales. - Nestle saw q-commerce's share in sales increase from 1.3% to 7% during the period FY19-24. - Dabur's q-commerce sales now make up 30-35% of its total sales. Key drivers of this growth include - The speed of delivery and convenience - Rising popularity and aggressive strategies of players like BBNow, Blinkit, Zepto, and Swiggy InstaMart. - Zepto's introduction of Zepto Pass, allowing unlimited deliveries for ₹99 per month, has been well-received. #FMCG #Qcommerce #Ecommerce #EquityResearch Rishabh Kale