The next evolution in artificial intelligence is AI agents that are capable of autonomous reasoning and multistep problem-solving
According to the report, shopping frequency has increased across channels, with more frequent visits to both modern trade and online platforms
Data from Simpl's Checkout Scan shows a remarkable 60 per cent increase in total payment volumes for orders placed between 10 pm and 4 am over the past year
Social commerce is poised for dynamic growth, with some estimating a 10-fold rise by 2030, but building digital trust and inspiring consumer confidence around product authenticity is what will set the cash registers ringing for brands and founders as online shoppers eagerly browse, purchase and checkout directly from social media apps, say experts. The coming together of e-commerce and social media to create a new business channel, social commerce is increasingly gaining traction in the retail space. Consumers discover and purchase goods and services directly through social media platforms like Facebook, Instagram, and YouTube among others. "Social commerce is expected to grow 10x by 2030 to a USD 55 Billion market in India. It is particularly strong in Tier 2 and Tier 3 cities with a focus on affordable products, particularly in the fashion and home improvement space," said Anand Ramanathan, Partner, Consumer Industry Leader, Consulting, Deloitte India. Director of Influencer Conte
Globally since 2015, Amazon has reduced the weight of outbound packaging per shipment by 41 per cent on average and eliminated over 2 million tons of packaging material
West Bengal's capital city is important to company's growth target, says senior executive
The lack of discounts and special offers in physical stores, along with large crowds in malls during weekends are some of the reasons why urban dwellers prefer to shop online
In our evolving cultural landscapes, Karwa Chauth presents a unique opportunity for marketers to unlock the potential of traditional festivals
Passkey eliminates the step of entering the Amazon password. This is achieved by using the credentials to unlock the device
With an eye on 15-20 million non-GST registered sellers, SoftBank-backed Meesho has opened up its platform to onboard them for selling products online, the company said on Tuesday. The GST Council in July exempted small businesses making intra-state supplies through e-commerce platforms from taking GST registration if their turnover is below Rs 40 lakh in case of goods and Rs 20 lakh in case of services. The rule kicked in from October 1. "The platform has made significant technological adaptations which will enable non-GST sellers to start selling on the platform from October 1, 2023. This move will potentially unlock 15-20 million sellers historically under-penetrated states for the company," Meesho said in a statement. The company claims to have 1.4 million sellers on its platform. Meesho said it recognizes the unique characteristics of non-GST registered sellers, such as their high motivation and locally relevant selection from categories like fashion, consumer electronics and
The report by Wunderman Thompson suggested that Indian consumers expect their deliveries to arrive in less than two hours
86% of consumers rely on influencers' or publishers' reviews to make their purchase decisions. Notably, males appear to follow influencers more diligently (90%) than females (80%)
Tier-II cities, including Guwahati, Coimbatore and Lucknow amongst others, lead in terms of time spent on online shopping
The overall offline market, however, will continue to be the bigger market, with a total value of $1,605 billion in 2030
This edition of EORS is bigger, with a 70% higher style count than the previous; will have 1.7 million styles across 6,000 popular domestic and international brands on offer
Flash is creating a digital identity that power shoppers can use across retail sites
The AX32 and AX46 are priced at Rs 12,990 and Rs 32,990, respectively. Both the Samsung air purifiers will be available on company's online shop, Samsung stores and select retail outlets
Last week, Zomato said it is foraying into the same model, piloting food delivery with 'Intercity Legends'
E-commerce firms such as Amazon, Flipkart, and others witnessed blockbuster festive season sales of about $9.2 billion last year
Some 62,000 tonnes of fruits and vegetables were ordered on Instamart during the past year. This is the weight of about 15,500 Asian elephants, Swiggy said