Competitive differentiator for e-commerce players in India
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Google India MD Rajan Anandan on challenges and constraints in Indian ecommerce
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Rajan Anandan, Managing Director, Google India Limited on three major challenges faced by Indian ecommerce companies today. He was replying to a question at the recently concluded TN Retail Conference organised by the Confederation of Indian IndustryWatch Google India MD Rajan Anandan on challenges and constraints in Indian ecommerce With HD QualityBy CII| 643 views
Google India MD Rajan Anandan on Indian ecommerce, its retail influence
www.mycii.in
www.cii.in
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 QualityBy CII| 287 views
Customer Service & Ecommerce Shipping: UPS/ Worldwide Brands
http://www.WorldwideBrands.com.
'Shipping Tips for Online Sellers' Series. Video 2 shows how UPS can help reduce customer service issues for Internet retailers by providing visibility of packaging status and email notifications to keep shoppers in the picture. In Internet selling, shipping is a huge part of the customer experience. Discover some simple shipping and tracking options UPS offers to make running your ecommerce business a whole lot easier and eliminate the shipping hassles that come with selling products online. See how to instantly improve your online business' customer service. A must-watch video for online sellers and home business. This UPS Shipping Tips video series tackles the common packing and shipping issues that come up when you sell products online, and gives practical tips and advice for streamlining your e-business' shipping process.By vimal| 775 views
Massive eCommerce Growth is expected during the festive season
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 incurrBy VARINDIA| 9 views
Digital transformation is an indispensable element in the ecommerce industry
#SandeepGupta #CairnOilandGas #AshwiniVaishnaw
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 IntelligBy VARINDIA| 16 views
Global eCommerce Payment Frauds spikes In 2021
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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GBy VARINDIA| 15 views
Democratising Ecommerce with PIPOnet: Reaching the Masses
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 MassesBy VARINDIA| 16 views
SaaS - transform the ecommerce supply chains
#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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#varindia #newshour #SaaS #Ecommerce #SupplyChain #Logistics #CloudComputing #InventoryManagement #DataAnalytics #ArtificialIntelligence #MachineLearning #PredictiveAnalytics #BusinessIntelligence #Automation #DigitalTransformation #CustomerExperience #OrderManagement #ProcurementBy VARINDIA| 35 views
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Digital media spending on search advertising
There is massive shift in an individual’s online browsing and searching pattern has paved the way for brands looking to invest in search advertising. There has been a steady growth of search as a digital medium across PC and Mobile in India with approximately 25% of digital media spends accounting for search advertising. While some brands have already started leveraging this medium to achieve their larger business goals, others can leverage search advertising to create a smarter customer journey to reach the right audience, with the right message. A 28x increase was observed for the keyword ‘most popular Netflix series’ and 381x for ‘cricket live score’. There has also been a significant increase in online gaming which is reflected in the 52% increase in online games related searches.
Additionally, searches for education and e-learning related content also saw a massive spike. People have been investing a lot of effort in future-proofing their careers by learning skills that would either help them transition to a new career or progress in the existing one. There has been a 367% increase in searches related to ‘learning online’, while a 103% increase in those related to ‘training’. Increasingly eco-conscious consumers and investors are placing greater importance on environmental, social, and governance (ESG) issues than ever before. As a result, e-commerce players have begun to make their supply chains greener and the startups are following the trend. As the business operations affected due to the COVID-19 pandemic induced travel restrictions and lockdowns, consumers are now increasingly preferring the online mode to purchase goods and services. Consequently, the Indian e-commerce (online retailing) industry is going to grow at a CAGR of 22% between 2020 and 2024 to be worth US$115.5bn in 2024.
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#supremecourt#LokSabha#digitalmedia#HCLTechnologies#robinhood#Secretdata#IndianDemocracy#rssharma#ShivNadar#Pegasusspyware#Pegasus#Covid19Pandemic#CoWINportal#pegasussnooping#itministerashwinivaishnaw#headlineinVARINDIA#NationalHealthAuthority#searchadvertising#ecommerceplayersinIndia#Indianecommerceindustry#PegasusonWhatsApp#NHAchief#CVijayakumar#Spinny#TigerGlobalAvenirGrowth#SpinnyfounderandCEONirajSingh
Category:
Technology
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##IPLAuction #PlayBold #IPL2020 #IPL2020Watch Top 6 players in the IPL 2020 Auction || IPL Auction 2020 Top Players List: Players With HD QualityBy PLAY KANNADA| 63367 views
Google India MD Rajan Anandan on challenges and constraints in Indian ecommerce
www.mycii.in
www.cii.in
Rajan Anandan, Managing Director, Google India Limited on three major challenges faced by Indian ecommerce companies today. He was replying to a question at the recently concluded TN Retail Conference organised by the Confederation of Indian IndustryWatch Google India MD Rajan Anandan on challenges and constraints in Indian ecommerce With HD QualityBy CII| 643 views
Google India MD Rajan Anandan on Indian ecommerce, its retail influence
www.mycii.in
www.cii.in
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 QualityBy CII| 287 views
Customer Service & Ecommerce Shipping: UPS/ Worldwide Brands
http://www.WorldwideBrands.com.
'Shipping Tips for Online Sellers' Series. Video 2 shows how UPS can help reduce customer service issues for Internet retailers by providing visibility of packaging status and email notifications to keep shoppers in the picture. In Internet selling, shipping is a huge part of the customer experience. Discover some simple shipping and tracking options UPS offers to make running your ecommerce business a whole lot easier and eliminate the shipping hassles that come with selling products online. See how to instantly improve your online business' customer service. A must-watch video for online sellers and home business. This UPS Shipping Tips video series tackles the common packing and shipping issues that come up when you sell products online, and gives practical tips and advice for streamlining your e-business' shipping process.By vimal| 775 views
Massive eCommerce Growth is expected during the festive season
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 incurrBy VARINDIA| 9 views
Digital transformation is an indispensable element in the ecommerce industry
#SandeepGupta #CairnOilandGas #AshwiniVaishnaw
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 IntelligBy VARINDIA| 16 views
Global eCommerce Payment Frauds spikes In 2021
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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GBy VARINDIA| 15 views
Democratising Ecommerce with PIPOnet: Reaching the Masses
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 MassesBy VARINDIA| 16 views
SaaS - transform the ecommerce supply chains
#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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#varindia #newshour #SaaS #Ecommerce #SupplyChain #Logistics #CloudComputing #InventoryManagement #DataAnalytics #ArtificialIntelligence #MachineLearning #PredictiveAnalytics #BusinessIntelligence #Automation #DigitalTransformation #CustomerExperience #OrderManagement #ProcurementBy VARINDIA| 35 views
VARINDIA
AI is used Towards Client AI Processing
#Artificialintelligence is increasingly being used for client AI processing. This means that AI models are being trained and deployed on client devices, such as smartphones, laptops, and IoT devices. This has a number of advantages, including, Reduced latency, Improved privacy and Reduced bandwidth usage.
Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.
AI is used Towards Client AI ProcessingBy VARINDIA| 256 views
Can Google’s tools combat online misinformation
#Google's efforts to combat misinformation are important because misinformation can have a negative impact on society. It can undermine trust in institutions, lead to violence, and harm democracy. By developing new tools and initiatives, Google is helping to make the internet a safer and more informed place for everyone.
Google has recently unveiled three new tools to combat online misinformation:
· About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.
· Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.
· AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.
Can Google’s tools combat online misinformationBy VARINDIA| 172 views
Increasing online Frauds
Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.
The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.
Today's Headline in NewsHours
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3:07 Online gaming firms sent tax notices worth INR 1 lakh cr
3:36 Government plans to introduce regulatory sandbox for OTT apps
4:05 #Microsoft pulling the plug on its metaverse project
4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring
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Increasing online FraudsBy VARINDIA| 181 views
Govt./PSU
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)By Ministry of External Affairs, India| 194307 views
Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.
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Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.By Bharatiya Janata Party Delhi| 73845 views
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CRPF signed an MoU with the IRCTC on Railway Reserved e-ticketing system
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Nitish Kumar की जगह Jitan Ram Manjhi को CM बनाएंगे BJP ! Mukesh Sahani | Bihar News | #dbliveBy DB Live| 0 views
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Dehradun Live | विधानसभा में बोले रहे सीएम पुष्कर सिंह धामी उत्तराखंड विधानसभा सत्र का आगाजBy JANTV RAJASTHAN| 0 views
Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनातBy LNV India| 0 views