CII Webinar on e-Commerce as a Growth highway for Atamnirbhar Bharat
CII Webinar on e-Commerce as a Growth highway for Atamnirbhar Bharat.
CII Webinar on e-Commerce as a Growth highway for Atamnirbhar Bharat
CII Webinar on e-Commerce as a Growth highway for Atamnirbhar Bharat
News video | 412 views
The total eCommerce sales for the year 2021 is estimated to clock anywhere in the range of $67-$84 Billion, a significant increase from the total eCommerce sales of last calendar year (2020). The total eCommerce sales touched a mark of $52.57 Billion in 2020, a significant 30% jump from the sales in 2019 that registered a total value of $40.44 Billion. eCommerce sales during the festive season have been following a consistent upward trend for the last few years and this year will be no different. Despite a multi-month lockdown, the growth has been persistent and we expect to see the eCommerce retail sales clock between $11-14 Billion during this festive season. Compared to last year, online sales during this festive season are likely to grow anywhere between 32-68%. With a global pandemic looming at large, eCommerce saw a whopping 66% retail hike during the festive season last year. In 2019, the total eCommerce festive sales accounted for $5 Billion, which escalated to $8.3 Billion in 2020, owing to limited offline services during the first series of nationwide lockdowns.
In recent years, Electronics has emerged as the leading eCommerce category with maximum GMV share in total eCommerce sales for years 2019 and 2020. This is followed by Fashion & Apparel, Food & Groceries, Furniture & Appliances with an ever-increasing user base from Tier 2 and Tier 3 cities. In 2021, Electronics will remain the category champion followed by other major lifestyle segments. Going forward, eCommerce retail will continue to rise for the festive season of 2021, owing to the swiftly changing customer preferences and digital adoption by masses in the aftermath of a global pandemic. The numbers predict that revenue for digital commerce will continue to register a colossal YoY growth till 2026 and beyond. The festive season this year will contribute significantly towards this revenue growth enabling D2C brands to make up for any losses they might have incurr
Technology video | 188 views
CII Webinar on 'Education, Training and Advisory Services offered by CII-Institute of Logistics'Watch CII Webinar on 'Education, Training and Advisory Services offered by CII-Institute of Logistics' With HD Quality
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Watch CII TFC Webinar on ‘Small Business CRM: A Must For Scalability and Growth’ With HD Quality
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Watch Kris Gopalakrishnan, President, CII on Accelerating Economic Growth - On Economic Growth Targets With HD Quality
News video | 12229 views
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Rajan Anandan, Managing Director, Google India Limited speaking at the TN Retail Conference organised by the Confederation of Indian Industry. Here is the thought leader speak on impact of ecommerce and technology on retail sector and companies can leverage this. If you are looking to grasp the Indian ecommerce space in fifteen minutes and a clear perspective on where it is heading, there is no one better to address this than Google's Rajan AnandanWatch Google India MD Rajan Anandan on Indian ecommerce, its retail influence With HD Quality
News video | 483 views
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e-commerce in retail space brings solid boost
The pandemic has proved to be a source of immense learning for every business, especially for the ecommerce space. The year 2021 witnessed the emergence of digital as a preferred medium for businesses that led to increased adoption of digital for reaching out to customers. The e-commerce industry due to its highly volatile nature has been one of the earliest to recognize the urgency of adopting the ‘new normal.’ The necessity of employing omni-channel for ensuring sales across channels has paved the way of employing an e-commerce enabler that streamlines all processes such as stock management, warehousing, payment reconciliation and order management. Omni-channel retail (or omnichannel commerce) is a multichannel approach to sales that focuses on providing seamless customer experience whether the client is shopping online from a mobile device, a laptop or in a brick-and-mortar store. The year ahead will see digital transformation being recognized as an indispensable element in the ecommerce industry to drive operations, fulfill customer demands and ensure customer retention. Many support functions that drive ecommerce operations will come to the forefront.
2021 has been a year of learning as it exposed businesses to unexpected situations with global markets opening, shutting and then re-opening again. What emerged as the only tool to cope up is - Technology. Businesses have fast adopted the use of technology from their production units to supply-chain systems, from marketing to customer loyalty systems. In the midst of all this, smart businesses have also accepted the importance of RIGHT PRICE! Technology has also played a key role in price determination of products and services across sectors at massive scales and high velocities. As pricing majorly contributes towards the growth and success of any company, technologies such as Artificial Intellig
Technology video | 183 views
In one hand, the COVID-19 pandemic has accelerated the adoption of e-commerce worldwide, on the other, it has led to the rise of e-commerce related frauds. According to a new study from Juniper Research, it has been found out that the value of e-commerce fraud-related losses has risen from $17.5 billion in 2020 to $20 billion by 2021, a staggering growth of a whopping 18% within a single year. The research found out that threat actors, as of late, are targeting consumers as they have increased their online shopping. And this, in turn, is exposing the insecure fraud mitigation processes of merchants who are not very familiar with the overwhelming fraud challenges that exist in the e-commerce space.
Increased security can easily lead to increased friction for consumers when it comes to payments. The new research report found out that while merchants are inclined towards reducing e-com fraud risks from their current levels, they are hesitant to introduce extra friction in the checkout process. Juniper Research found also revealed that one way to address this would be to include clear messaging about security checks to consumers and use automated behavioural analytics, which leverages A.I. to preserve the user experience, aka UX. The research highlighted that, merchants would need to make sure the extra layer of security checks are well justified to the user. Only then can they prevent higher cart abandonment rates while making sure they are lowering fraud risks at the same time.
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Technology video | 192 views
Thompson P. Gnanam, Managing Director and Global Chief Executive Officer, 3i Infotech
Democratising ecommerce is a process of opening up the world of online retail to everyone, regardless of their socio-economic status or location. The PIPOnet platform is a revolutionary tool that makes this possible by creating a level playing field where small and medium-sized enterprises (SMEs) can compete with established retailers.
PIPO stands for 'Pay in Person Only,' which means that customers can place orders online but then pay in cash at a physical location. This feature is particularly useful in countries where online payments are not yet widely accepted or where people prefer to pay in cash.
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#varindia #thompson #PIPOnet #democratizingecommerce #ecommerceforall #inclusiveecommerce #technologyforall #digitalinclusion #onlinemarketplace #smallbusinesssupport #shoplocal #affordableshopping #accessibletechnology #ecommerceinnovation #communitycommerce #socialimpact #empoweringentrepreneurs #economicinclusion #digitaldividebridged #connectedconsumers #sustainableecommerce #innovativebusinessmodels
Democratising Ecommerce with PIPOnet: Reaching the Masses
Technology video | 228 views
#Ecommerce has been a game-changer in the retail industry. ecommerce has become a vital channel for businesses to reach customers worldwide. There is growing adoption of #SoftwareasaService (SaaS) by ecommerce players, has offered flexible and scalable solutions that can be customised in order to meet the specific needs of each business.
The advancement of technology has revolutionised warehouse operations with the integration of innovative systems such as automated order picking and real-time inventory tracking. This transformation is enabling the integration of innovative technologies that simplify processes and enhance the stability of business operations. As a result, e-commerce businesses are leveraging digital advancements to streamline their supply chain, improve efficiency, and gain a competitive advantage in the market.
Today's Headline in NewsHours
0:00 Intro
2:26 Google to pay $39.9 mn to resolve lawsuit over location tracking practices
3:00 #Meta unveils AI chip - MTIA
3:30 #Twitter Blue Verified subscribers can now upload two-hour videos
3:55 #AlibabaGroup approves cloud unit spinoff
4:25 #Battlegrounds Mobile India game app to be unblocked for 3 months
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Technology video | 228 views
IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the South Africa, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of World Cup T20 2024. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 12917 views
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Zimbawe in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Zimbawe, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 2972 views
Watch as our employees try to guess the famous cricketers from just a few clues. Can you beat them at their own game? Test your cricket knowledge and see how many cricketers you can guess correctly. Don’t forget to like, comment, and subscribe for more fun office challenges and cricket trivia! #CricketChallenge #OfficeFun #guessthecricketer #crickettrivia
Office Fun Challenge: Guess the Cricketers? #office #crictracker #cricketlover ????
Sports video | 1604 views
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Bangladesh, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 3670 views
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 3285 views
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 2910 views
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