#ondc platform

[rashid565]

The Open Network for Digital Commerce (ONDC) is a groundbreaking initiative in India aimed at transforming the digital shopping experience. Think of it as a universal platform where buyers and sellers connect directly, without relying solely on popular e-commerce giants. This open network empowers local businesses to compete with larger platforms while offering consumers a wider range of choices. 🎯 

[futuresoftindia]

ONDC To Get Big Traffic Boost with Storefront on Amazon and Flipkart

Originally Published at https://futuresoftindia.com/articles/ondc-to-get-big-traffic.html

» ONDC (Open Network for Digital Commerce) is a government of India-backed initiative.

» Amazon and Flipkart may need to display an ONDC storefront on their home page.

» This will result in a huge spike in ONDC orders.

According to an Economic Times article dated 29 April 2024, the government has directed eCommerce giants like Amazon and Flipkart to incorporate an ONDC storefront on their homepages1. This could mean a 20x jump in traffic on the network.

ONDC has been scaling rapidly since its launch last year. In just 15 months, it facilitated more than 4.97 crore transactions2. This includes a wide variety of sectors but is notably led by mobility services, which account for over half of the monthly orders through platforms like Namma Yatri.

ONDC vs. Amazon and Flipkart

ONDC daily orders currently stand at 2.87 lakhs3 per day. This is relatively small when compared to giants like Amazon India and Flipkart, which record around 22.58 lakh and 22.23 lakh4 orders per day, respectively. These ONDC numbers might be small, but they show significant growth over time. This comparison also underlines the rapid adoption and the potential scalability of ONDC.

PlatformOrders Per DayAmazon India22.58 lakhFlipkart22.23 lakhONDC2.87 lakh

Impending Growth of ONDC and Opportunities for Brands

The recent governmental directive for eCommerce giants like Amazon and Flipkart to incorporate an ONDC storefront on their homepages is set to catalyze growth further. This move is expected to increase ONDC’s traffic significantly.

Such a significant increase in visibility and potential customer base will naturally benefit SME sellers, who are likely to see substantial gains in sales volumes and market reach. This strategic push is a part of the government's broader initiative to democratize the eCommerce landscape, ensuring fair competition and equal opportunities for all market players.

Why ONDC is a Great Option for SMEs

For small and medium enterprises (SMEs), ONDC presents an unprecedented opportunity. It allows them to compete on a level playing field with larger eCommerce entities without the need for a substantial marketing budget or logistics network.

ONDC’s design inherently reduces the cost of digital operations for SMEs by removing the need to tie up with specific platforms and instead, making their products available across all network-linked platforms. This vastly broadens their reach and visibility across diverse consumer bases.

Want to go live on ONDC but don’t know how, read our blog - Navigating the ONDC: Steps to Take Your Brand Live

Top Categories on ONDC

A breakdown of the transaction data since ONDC's launch offers insights into its growing relevance in the eCommerce space. In the past 15 months, mobility services have led the way, the platform is also becoming a significant player in other sectors like food and beverages, which saw more than 57.8 lakh orders, and fashion with over 26.4 lakh orders2.

The grocery, home, and kitchen sectors are also picking up pace with more than 17.4 lakh and 13.5 lakh orders, respectively. This diverse market engagement demonstrates ONDC's capability to cater to a broad spectrum of industries and consumer needs. This provides aid not only to SMEs but also to small sellers who want to enter the market but lack the resources and cash flow to pay hefty commissions.

Conclusion

ONDC is shaping up to be a pivotal force in reshaping how digital commerce is conducted in India. With its innovative approach to promoting inclusivity and competition, coupled with the government's supportive policies, there has never been a better time for SMEs to join ONDC.

As it continues to grow and integrate more services and sectors, ONDC not only promises a more equitable market space but also ensures that businesses of all sizes can thrive in the digital economy. For those looking to expand their reach and tap into the burgeoning digital market of India, ONDC represents a future-proof gateway.

Reference

1. The Economic Times - Govt Push to Help ONDC get Shopfront on Ecomm Sites

2. The Economic Times - ONDC’s one-year journey touching the 50-million transactions mark

3. The Economic Times - Is ONDC’s gamble paying off?

4. Forbes India - Inside Amazon's game plan for India

[placeorder]

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[techiexpertnews]

Rise Of ONDC In India

The open network for digital commerce, or ONDC, is a platform that was recently announced by government of india with the aim of democratizing e-commerce.

[pradeep-45]

ONDC: Key Features of the Open Network for Digital Commerce 💳 

The Open Network for Digital Commerce is reshaping how e-exchange features, supplying a unified tool that brings consumers, dealers, and provider providers collectively.

This revolutionary platform is the use of inclusivity and fostering boom in the virtual market. 

What is ONDC? 🌐 

The Open Network for Digital Commerce is a central authority-led initiative designed to make e-alternate extra on hand and equitable. By standardizing digital strategies and inspiring interoperability, it empowers small agencies and neighborhood sellers to thrive in aggressive on-line surroundings. 

Key Features of the Open Network 🔎 

Interoperability Across Platforms 

Seamless integration ensures easy verbal exchange amongst numerous digital structures, simplifying critiques for all users. 

 Inclusive Digital Participation 

Small agencies and conventional retailers gain the gear to carry out online, lowering obstacles to getting entry to. 

 Cost Efficiency 

Lower reliance on centralized structures translates to decreased fees for dealers. 

 Enhanced Consumer Choice 

Buyers can explore a far broader variety of products and services, encouraging fair opposition. 

Benefits of the Open Network 🌟 

Empowering MSMEs 

Micro, small, and medium groups can interact in e-trade without disproportionate fees. 

Promoting Fair Practices 

Transparent rules ensure a fair market for all members. 

Boosting Local Economies 

Small businesses advantage get entry to to large consumer bases, riding nearby monetary growth. 

Revolutionizing E-trade 📊 

The Open Network is redefining virtual exchange via fostering inclusivity and innovation. Its transparent form and user-pleasant method benefit corporations, customers, and the wider financial gadget. 

Summary: -  

The Open Network for Digital Commerce (ONDC) is leading the free toward a greater equitable and innovative digital economic system. Small organizations, sellers, and consumers alike stand to gain from this transformative initiative. 

This model balances keyword optimization with clarity whilst preserving the same essence and key points of your authentic content material. 

FAQs 

What is its essential goal? 

To democratize e-trade by means of developing an equitable and standardized digital environment. 

How does it help small companies? 

It presents them with virtual gear and a platform to connect with customers immediately, casting off the need for highly priced intermediaries. 

Is it region-unique? 

No, the initiative spans across city and rural areas, ensuring national inclusivity. 

[newtras]

Bengaluru's Namma Yatri aims to disrupt the mobility space with its zero-commission bet

Namma Yatri, India's first zero-commission ride-hailing platform built on the Open Network for Digital Commerce (ONDC), is on a mission to disrupt the mobility space. With its contribution-based model, the app ensures that drivers retain 100% of their earnings, setting a precedent for a fair ride-hailing ecosystem. “Since its inception, Namma Yatri has empowered over 5 lakh drivers and generated…

[newbizz]

Bengaluru's Namma Yatri aims to disrupt the mobility space with its zero-commission bet

Namma Yatri, India's first zero-commission ride-hailing platform built on the Open Network for Digital Commerce (ONDC), is on a mission to disrupt the mobility space. With its contribution-based model, the app ensures that drivers retain 100% of their earnings, setting a precedent for a fair ride-hailing ecosystem. “Since its inception, Namma Yatri has empowered over 5 lakh drivers and generated…

[satrthere]

Bengaluru's Namma Yatri aims to disrupt the mobility space with its zero-commission bet

Namma Yatri, India's first zero-commission ride-hailing platform built on the Open Network for Digital Commerce (ONDC), is on a mission to disrupt the mobility space. With its contribution-based model, the app ensures that drivers retain 100% of their earnings, setting a precedent for a fair ride-hailing ecosystem. “Since its inception, Namma Yatri has empowered over 5 lakh drivers and generated…

[news365timesindia]

[ad_1] GG News Bureau New Delhi, 9th Dec. The Ministry of Development of North Eastern Region (MDoNER) organized the vibrant Ashtalakshmi Mahotsav, featuring an exclusive Buyer-Seller Meet at Bharat Mandapam, New Delhi. This initiative aimed to foster long-term business relationships between North East India’s artisans and national buyers, focusing on key sectors such as Textiles, Sericulture, Handloom & Handicrafts, Gems, Jewellery & Allied Products, Agriculture & Horticulture, and Tourism. The meet provided a platform for direct business interactions, facilitating bulk orders, trade deals, and enduring partnerships to boost the region’s economic development. Senior officials from MDoNER, the North Eastern Handicrafts and Handloom Development Corporation (NEHHDC), and the Open Network for Digital Commerce (ONDC) were present at the event. During the opening session, the Advisor to NEHHDC highlighted the investment opportunities in the North Eastern Region, while the Chief Business Officer of ONDC discussed their transformative e-commerce initiative. By onboarding artisans and weavers from the North East, ONDC is enhancing their market linkage and enabling scalable, cost-effective e-commerce to support startups and local businesses. The Managing Director of NEHHDC praised MDoNER’s efforts, emphasizing that such initiatives not only promote indigenous products but also enhance the economic prosperity of local artisans and sellers. Joint Secretary, MDoNER, underscored the North East’s growth potential and reaffirmed the commitment of both Central and State Governments to create a favorable investment environment in the region. The event also featured one-on-one interactions between buyers and sellers, further solidifying partnerships to promote the North East’s rich cultural and economic heritage.   The post Ashtalakshmi Mahotsav: Buyer-Seller Meet Promotes North East India’s Economic Potential appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[news365times]

[ad_1] GG News Bureau New Delhi, 9th Dec. The Ministry of Development of North Eastern Region (MDoNER) organized the vibrant Ashtalakshmi Mahotsav, featuring an exclusive Buyer-Seller Meet at Bharat Mandapam, New Delhi. This initiative aimed to foster long-term business relationships between North East India’s artisans and national buyers, focusing on key sectors such as Textiles, Sericulture, Handloom & Handicrafts, Gems, Jewellery & Allied Products, Agriculture & Horticulture, and Tourism. The meet provided a platform for direct business interactions, facilitating bulk orders, trade deals, and enduring partnerships to boost the region’s economic development. Senior officials from MDoNER, the North Eastern Handicrafts and Handloom Development Corporation (NEHHDC), and the Open Network for Digital Commerce (ONDC) were present at the event. During the opening session, the Advisor to NEHHDC highlighted the investment opportunities in the North Eastern Region, while the Chief Business Officer of ONDC discussed their transformative e-commerce initiative. By onboarding artisans and weavers from the North East, ONDC is enhancing their market linkage and enabling scalable, cost-effective e-commerce to support startups and local businesses. The Managing Director of NEHHDC praised MDoNER’s efforts, emphasizing that such initiatives not only promote indigenous products but also enhance the economic prosperity of local artisans and sellers. Joint Secretary, MDoNER, underscored the North East’s growth potential and reaffirmed the commitment of both Central and State Governments to create a favorable investment environment in the region. The event also featured one-on-one interactions between buyers and sellers, further solidifying partnerships to promote the North East’s rich cultural and economic heritage.   The post Ashtalakshmi Mahotsav: Buyer-Seller Meet Promotes North East India’s Economic Potential appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[ondcn]

EasyPay ONDC Seller Registration: Your Gateway to Business Growth

EasyPay ONDC Seller Registration: Your Gateway to Business Growth

In the fast-paced world of digital commerce, every seller aspires to expand their reach and maximize profits. The Open Network for Digital Commerce (ONDC) is a game-changer, offering businesses the chance to showcase and sell their products online without being tied to a single platform. With EasyPay’s ONDC seller registration, joining this revolutionary ONDC network is simple, efficient, and hassle-free.

What is ONDC?

The ONDC platform is a government-backed initiative designed to democratize e-commerce by enabling sellers of all sizes to connect with buyers through an open and decentralized network. Unlike traditional marketplaces, ONDC empowers sellers to have better control over pricing, branding, and customer interactions.

Whether you’re a small shop owner or a large retailer, the ONDC app allows you to:

Sell your products online to a broader audience.

Enhance visibility with minimal effort.

Eliminate platform dependency and hidden commissions.

Why Register as a Seller on ONDC?

Joining the ONDC network offers unparalleled benefits, including:

Wide Reach: Gain access to a nationwide customer base by listing your products on multiple connected apps within the network.

Cost Efficiency: Say goodbye to high commissions; ONDC ensures fair pricing for both sellers and buyers.

Ease of Use: With apps like EasyPay, navigating the ONDC platform is effortless.

Flexibility: Use any ONDC-compatible app to manage orders, inventory, and customer communication.

How EasyPay Simplifies ONDC Seller Registration

The process of ONDC seller registration can seem daunting for those unfamiliar with the digital ecosystem. That’s where EasyPay comes in as a trusted partner. With its intuitive platform, EasyPay helps you onboard seamlessly to the ONDC network.

Key Features of EasyPay for ONDC Registration:

User-Friendly ONDC Login: EasyPay provides a secure and straightforward ONDC login portal for sellers to manage their accounts efficiently.

Step-by-Step Guidance: EasyPay ensures your registration process is smooth, with clear instructions on documentation and compliance requirements.

Integrated Tools: From inventory management to order tracking, EasyPay’s suite of tools enhances your selling experience on the ONDC platform.

Multi-App Access: Once registered, you can sync your listings across various ONDC apps to maximize visibility.

Steps to Sell Your Products Online with EasyPay on ONDC

Visit the EasyPay ONDC Portal: Go to EasyPay ONDC Seller Registration to begin.

Create an Account: Sign up with your business details, including GSTIN and PAN.

Complete Documentation: Upload necessary documents for verification to join the ONDC network.

ONDC Login: Access your seller dashboard using the secure ONDC login provided by EasyPay.

List Your Products: Add product details and pricing to make them available across multiple ONDC apps.

Start Selling: Once your registration is complete, your products will be visible to a nationwide audience on the ONDC platform.

ONDC Apps and Their Role in Boosting Sales

One of the most innovative features of the ONDC platform is its interconnected ecosystem of apps. Sellers can list products on one app and have them discovered by buyers using other ONDC apps, significantly increasing visibility and sales potential.

For example, buyers might browse products on an e-commerce ONDC app while the seller uses EasyPay to manage inventory and transactions seamlessly.

Final Thoughts

The ONDC platform is transforming the way businesses sell their products online, providing sellers with unprecedented opportunities for growth. By registering through EasyPay, you can simplify the onboarding process, access advanced tools, and reach more customers through the powerful ONDC network.

Don’t wait—capitalize on this transformative initiative today. Register as a seller on ONDC with EasyPay and unlock your business’s potential.

Get Started Now: EasyPay ONDC Login to begin your journey toward digital success!

[rashid565]

In recent years, virtual commerce has seen remarkable growth, but certain obstacles have limited its full potential. Enter ONDC (Open Network for Digital Commerce) – an initiative by the Government of India aimed at revolutionizing e-commerce through creating a level playing field for all. 

[mediahousepressin]

Nazara Technologies Launches “G-Commerce” Platform in Partnership with ONDC

[placeorder]

Unlock Global Market Access with the ONDC Seller App on PlaceOrder

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#ONDC #GlobalCommerce #PlaceOrderSuccess

[pradeep-45]

How the ONDC Network is Revolutionizing E-Commerce 🚀 

The Open Network for Digital Commerce is reshaping the e-commerce landscape in India, bringing unparalleled innovation and inclusivity.  

This government-led initiative aims to create an open, decentralized network where buyers and sellers from diverse platforms can seamlessly interact. 🌐 

Unlike traditional e-commerce giants, this platform focuses on empowering small businesses and local vendors. 

By standardizing digital commerce protocols, it levels the playing field for everyone. Sellers no longer need to rely solely on large marketplaces; instead, they can list their products across multiple ONDC-enabled apps, enhancing their reach and visibility. 📈 

How Does This Network Work? 🤔 

The initiative introduces a unique open framework where various apps and platforms interconnect. For instance, a customer browsing one app can discover and purchase products from sellers using a completely different platform. This interoperability is the cornerstone of the open digital commerce ecosystem. 🛍️ 

By adopting this approach, the system ensures transparency, cost-effectiveness, and better accessibility for businesses and consumers alike. Imagine ordering your favorite local delicacy through an enabled app without worrying about high platform fees or delivery restrictions. 🍕 

Moreover, this network offers scalability to businesses of all sizes. Whether you're a neighborhood store or a large retailer, it enables you to tap into a nationwide audience effortlessly. 🌟 

Benefits for Consumers and Sellers 💡 

Increased Choices: Consumers can access a wider range of products across multiple apps. 

Cost Efficiency: Reduced dependency on single platforms lowers transaction fees for sellers. 💰 

Boosts Local Economy: Local businesses gain visibility, supporting economic growth in smaller communities. 🏪 

As this e-commerce model continues to expand, it paves the way for a digital marketplace that is fair, inclusive, and competitive. The Open Network for Digital Commerce is not just a platform; it’s a movement toward a more equitable digital economy. 🌍 

FAQs 

1. What is the Open Network for Digital Commerce? 

It is a decentralized e-commerce framework designed to connect buyers and sellers across multiple platforms. 

2. How can businesses join? 

Businesses can join by registering with ONDC-enabled platforms or apps. 

3. What are the benefits for small businesses? 

This initiative offers better visibility, lower operational costs, and access to a broader customer base. 

Embrace this transformative network today and be part of the future of e-commerce! 🚀