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Addition of MPO (Marketplace Optimisation) to SEO |
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Investments in Branded Content for Marketplaces |
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Social Ecommerce - Will be Tried, Tested, Sustained |
Memes have taken social media by storm. Since brands now want to create memes that would help them stay relevant and topical online, using popular meme pages such as Laughing Colours and Sarcastic Indian seem like an obvious choice! Apart from memes, brands have also started to spend on stickers and GIFs to advertise on daily chats,chiefly through Facebook-owned instant messaging platform WhatsApp.
https://tech.economictimes.indiatimes.com/news/internet/rise-of-the-meme-economy-in-india/73741398
Ecommerce is primed to reach nearly 300 to 350 mn shoppers over the next 5 years driven by lower data prices and investments to improve customer experience. Online platforms are innovating. As Indian e-retail sees a steep increase in shopper penetration, driven by lower data prices and investments to improve customer experience, online platforms are innovating to onboard the next hundreds of millions of shoppers. The next wave of shoppers will have different needs and will interact differently than the current set of online shoppers. There will be four key trends going forward: Voice and Vernacular, Visual and Video, Social Shopping and an emergence of large digital ecosystems.
The rise of online fresh groceries sales along with growing numbers of prepared food delivery companies entering this space could propel category growth by five times in the next five years. Some of the key evolving models for e-commerce include order to store for apparel; dark store for FMCG/ grocery and meat/pharmaceuticals, etc.
India’s burgeoning internet economy is slowly warming up to the potential of its massively underpenetrated insurance market. The country’s largest consumer internet platforms – from Flipkart to Paytm – are scaling up insurance businesses with the promise of low cost, low commitment and fully digital services as demand for risk coverage rises amid the Covid-19 pandemic.
Prompted by the Covid-19 induced lockdown, several FMCG companies from Dabur and ITC to Mondelez and Marico are using e-commerce platforms to launch products before making them available in traditional retail shops.E-commerce, which accounts for 3% of overall FMCG sales in India, however, is the fastest growing channel and witnessed a growth of 56% in the first quarter (January, February & May) and 38% in June, showed data from market research company, Nielsen.
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