Digital Marketplaces - The Indian Way

In the stroke of the 21st century, we have all been seeking a digital ecosystem to better our lives. It has always been our quest to raise the bar of our lifestyle experience owing to various reasons. Irrespective of age groups, gender, social groups, community variations, demo graphical differentiations, we all are in pursuit of the best of advancements that the current technology has to offer. Due to this bent of technological shift, we are opting for digitally oriented solutions that help transform our lives in numerous influential ways. In these remarkable times, we are very particular about how we utilize and enjoy our digital space.

Disruption has been the buzz of the town in the Indian digital ecosystem. The traditional marketplace regime is getting drastically radicalized and undergoing massive metamorphosis to impact the economy and society. This descriptiveness has significantly impacted the way Indians are shopping their useful commodities, carrying out their financial transactions, and planning their holiday getaways, maintaining their persona and even trivial activities like booking a cab. The major factors aiding to these breaking off from mainstream practices, owe to India’s unparalleled demographic dividend with over 50% of the 1.3 billion population aged under 25 years, surging middle class income sources, and the ever increasing growth in the telecom and smart phone industrial sector. These remarkable factors are igniting the highest ecommerce growth rate in the world.

Upon careful analysis of these factors, it is quite natural to say that revolutionary growth of the digital marketplace growth in India is based on prime deciding pillars, namely payment landscape, logistics, mobile/internet infrastructural augmentations and business and revenue model. These pillars are undergoing immense innovations and transformations. As suggested by experts India is imminently entering into the third wave of Digital Marketplace 3.0 – the golden era of Digital Marketplace in India. The innovative practices, processes and models adopted by the various firms serve as a template for digital marketplace evolution in emerging markets like India.

Owing to the ongoing pandemic situation gripping the world globally, there is a sudden high intensity online shopping pattern and heightened use of smart phones. This in turn has spiked an increase in internet penetration across the semi-urban and rural segments, to boost the sales thanking to the millennial population across tier 1, tier 2 and tier 3 markets. Social commerce has been on the rise, accounting for a whopping 28 % millennial population purchasing products due to social media recommendations. The application of innovation by means of experimental retailing through the use of advanced analytics, bots and drones, beacons, cloud platforms, augmented reality (AR), Virtual Reality (VR) has definitely help decode the customer needs. The tenacity of business and impressive platform existing in the country for all type of market players such as consumers, distributors, logistics service providers and development of the additional sectors like transportation, logistics, assortment facilities etc. will help India consumer business to the next level of growth. While the food, apparel, footwear and accessories space contribute a bigger chunk to the consumer retail pie, FMCG and automotive sector have much higher numbers for total market capitalization.

Keeping these prospects in mind, it is very instrumental to help define the best digital marketplace platforms in India from the prospective of the average consumer. They require a marketplace that offers a plethora of solutions in an ensemble package which will act as a one-stop digital destination that has the best of offerings with maximum customer satisfaction. One such excellent platform is DIGIBUCKET marketplace, one of the best digital marketplaces in India. It has a varied range of online products and services that has already earned the trust, credibility and appreciation of 2000+ clients globally with over 200+ products. The variety and diversity that DIGIBUCKET brings in its services for its consumer are quite impressive and spontaneous. Headquartered at the beautiful temple city Bhubaneswar, Odisha it is one of the leading digital marketplace in India. The digital solutions address to the needs of B2B as well as B2C. Most importantly, it offers nice opportunities to work from home and earn money. This offers lucrative rewards on sales and services of products associated with it. This way it provides a brilliant career opportunity to earn and grow both at the same time. This kind of product portfolio makes it one of the best or in fact the best digital marketplace in India. Be it the specialized products, customized services, creative career oriented goals, this one has it all. This marketplace continually strives to enhance its already impressive client base and product categories. The customers have already given rave reviews and opinions about the range and class of the solutions. So if you are someone looking for the best in class of digital solutions to shape your digital personality, this is definitely the platform that you didn’t know you definitely needed.

Author info:

For more information about digital marketplace in India visit our website https://mydigibucket.online/ or connect with us today.