India Online Retail Sales Q1 24
E-commerce Growth Moderates to 12-15% in Q1, Signaling a Slowdown from Last Year's 20% Pace
eCommerce
eCommerce has revolutionized the way businesses operate and consumers shop. It has become an integral part of the global economy, providing opportunities for businesses of all sizes to establish an online presence and reach customers beyond geographical boundaries.
Online Spending Habits in India Converged in 2023
As male and female spending habits continue to align, businesses must adapt their strategies to cater to the diverse needs and preferences of both genders.
The Art of Handling Negative Customer Reviews
Negative customer feedback, when handled effectively, presents brands with opportunities to improve, build customer trust, and drive sales growth.
Growth in Online Retail will Slow in Wealthy Markets
According to EIU's latest report, in 2024, the expansion of online retail in affluent markets is expected to slow down
TikTok to Resume e-commerce in Indonesia
Southeast Asia, a region with a population of over 675 million, is a major market for TikTok, with more than 325 million monthly active users. TikTok Shop had a market share of 12-15% in Indonesia.
E-Commerce Sales Playing Bigger Role for Nestle India
The quick expansion of e-commerce as a domestic sales contributor highlights its importance to Nestlé’s strategy of driving penetration in both urban and rural markets across India.
PVR Launches Subscription Plan
PVR INOX Passport is a monthly subscription service that will cost Rs 699 per month.
Indonesia Bans Social Commerce on TikTok
TikTok ends retail business in Indonesia after ban on social media shopping
The No. 1 reason people subscribe to Amazon Prime is
Amazon Prime has more than 200 million members globally and according to Datum's estiamtes around 10 million members in India.
Festive Season Will Generate ~₹81,000 Crore In Online Sales
According to estimates from Datum, online shoppers are expected to spend ~₹81,000 Crore throughout the festive season in 2023, with 60% coming in the first week.
State of Quick Commerce, Q2 2023
The largest segment of India's $800 billion retail business is food. Here are some statistics pertaining to Quick Commerce in India in Q2 2023.
Festive Sales 2023 - eCommerce
The online retail market was $52 billion in 2022, which implies that 17% of the year's sales ($9 billion) happened in a single month.