The way companies conduct business in India's e-commerce sector is being completely transformed by the Open Network for Digital Commerce (ONDC). With the goal of online trade and expanding opportunities for sellers of all sizes, ONDC plans to digital commerce and establish an open network. With its ONDC selling apps, Futuresoft, a top supplier of technology solutions, is spearheading this change and providing enterprises wishing to join this expanding network with strong tools.

Seamless Integration with the ONDC Ecosystem

The seamless connection with the ONDC Integration ecosystem is one of the main benefits of using Futuresoft's ONDC app. Because they are not restricted to a single marketplace, companies may now readily engage with a range of customers, logistics companies, and service platforms. With this open architecture, sellers can reach a wider audience and get more clients while having the freedom to collaborate with different partners.

Broader Market Reach

Through the ONDC seller app, businesses can gain access to a wide range of customers across a variety of platforms. Futuresoft's solutions are designed to facilitate easy joining of the ONDC network, which in turn helps sellers reach a national audience. Whether you are a small retailer or a large enterprise, the ability to connect with a diverse customer base increases your chances of success in a competitive market.

Cost-Effective Operations

Traditional e-commerce platforms often come with high commission fees and other operational costs. With ONDC seller apps by Futuresoft, sellers can significantly reduce these costs by operating in an open marketplace.Futuresoft's solutions enable companies to reduce overhead costs while preserving high levels of operational effectiveness, thus enabling sellers to keep a larger portion of their profits.

Improved Customer Experiences

Futuresoft's programs that are sold on the ONDC are made to increase customer pleasure. By offering real-time inventory updates, efficient order monitoring, and smooth communication channels, businesses may make shopping for their customers more pleasurable. Better post-purchase support and faster delivery are also made possible by ONDC's flexibility.

Future-Proof Technology

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?

Discover the future of eCommerce with the ONDC Integration and ONDC Seller app. By connecting your company to India's Open Network for Digital Commerce with this creative solution, you can access a vastly expanded online market. ONDC integration and the seller app allow eCommerce businesses like yours to tap into the massive opportunities of a unified eCommerce network. Sell to more customers, without the hassles of maintaining presence across multiple platforms.

Benefits of ONDC integration online eCommerce :

Seamlessly integrate with the ONDC network and expand your reach to millions of new customers.

Manage your catalog, inventory, pricing, orders, and more through one easy-to-use seller app.

List your products across multiple platforms and apps connected to ONDC with a single integration.

Access powerful analytics to optimize your listings and increase sales as ONDC is transforming online eCommerce in India.

An innovative solution that makes it easy to connect various e-commerce platforms to the Open Network for Digital Commerce (ONDC) framework is ONDC integration. This connection reaches out to India's digital marketplace and is designed to improve efficiency. This, lets sellers easily handle their orders, inventory, and transactions across multiple platforms using a single, centralized interface. The cornerstone is the ONDC Seller App, which provides merchants with real-time analytics, pricing optimization, and easy-to-use tools for product listings that bring a new direction to your online business that will grow your business. By optimizing processes and increasing visibility, businesses can take advantage of the opportunities present in India's emerging digital economy, driving innovation and expansion within the retail industry. Because every company is using ONDC integration these days, if you also want to give a different identity to your business then you can contact us for more info information you can also visit our website - FutureSoftIndia.

The Open Network for Digital Commerce (ONDC) framework can be easily integrated into existing e-commerce platforms with the help of ONDC integration, creating a standardized, interoperable, and inclusive digital commerce ecosystem in India. Trade becomes efficient by integrating ONDC's robust infrastructure and order management, fulfillment, and product discovery processes that you can leverage. In addition to this integration, the ONDC Seller App offers merchants a mobile application specifically designed to manage their storefront, inventory, orders, and customer interactions while on the go. With its feature-rich feature set and user-friendly interface, the ONDC Seller App assists merchants in a variety of industries in growing their businesses, streamlining sales procedures, and gaining more access to digital e-commerce opportunities.

If you want to grow your business online. We have the perfect solution for your ecommerce needs. visit FutureSoft India for more details.