The significance of digital communication channels for businesses has undoubtedly increased, with a clear realization that a great customer experience can no longer be delivered only through traditional mediums such as voice or emails
The partnership will enable brands and retailers to take orders directly through a WhatsApp chatbot and manage operations across sales channels on a single platform
These watches appeal to outdoor enthusiasts, and outdoor novices as they primarily spend most of their time venturing out on adventure trips. Adventure watches also attract a certain demographic, such as those between the ages of 18-40, who wish to be sold experiences, rather than just a product.
Named 'Bharatemarket', it would be in collaboration with several technology partners and with initial handholding of the Department of Industry and Internal Trade.
It is mandatory for those permitted to open to only operate with 50 per cent staff, while ensuring compulsory wearing of masks and strictly adhering to social distancing. The relaxations in restrictions are not applicable in hotspots or containment zones.
Post the announcement last week allowing ecommerce companies to carry out routine business, they were hopeful that it would spur some activity across the board.
According to a survey by community platform Local Circles, 57 per cent of consumers were able to find most essential goods via online ordering, an improvement from only a few days ago.
The retail industry has been rewired into a novel and rationalized account of its previous self in the recent past. Digitization, opening of diverse methods and improvements in technology has seen the progression of this space from unplanned trade to planned retail
Gurugram-based MaxWholesale said it would use the new funds to hire talent for its tech team and develop the platform's capabilities further. Founded in 2016, the company provides a platform for small retailers discover price and schemes on various fast moving consumer goods brands and source their inventory online.
Boonbox, India's first assisted e-commerce platform for rural areas takes orders from customers in 16 states and has the ability to deliver products in 300,000 villages, which is 47 per cent of villages in India
A second generation businessman, Manik Mittal looked beyond his family business to get into retail. Having started off with a readymade garment store, he was quick to scale his father's business of The Raymond Shop.
Hitesh Vaswani, MD, Saffron Lifestyle Traders, is among the largest franchisees of brands like Levi's, Nike and United Colors of Benetton in India. He recounts his journey and strategies which paid results.
The e-commerce start-up that connects small Indian retailers to both suppliers and customers expects the total value of transactions on its platform to multiply to $20 billion annually in the next five-six years
At a time when the e-commerce is expected to grow at a fast pace, DPIIT is looking to regulate and streamline the space and thus released the draft National E-commerce Policy
The unprecedented growth of the industry is accredited to fashion designers, skilled manufacturers, dedicated exporters, but above all, the demand from consumers' side
As multinational FMCGs seek to carve out a share of Asian markets (notably India, Indonesia and China), many are finding that smaller, local brands are tough adversaries