Shopping is a habit we all love to do. In the early days, we used to wait in front of stores or head to the marketplace to purchase a product. Then with supermarkets in town, we roamed within the stores and purchased everything we wanted. Now, after digitization and the entry of smartphones, we all have adapted ourselves into a remote-living culture. We either have no time to get down to the streets and head to a store, or we are too lazy for it. Now, we browse around on our smartphones and place orders of any product we require, and the purchase we made knocks on our door in some time. We are all now more comfortable shopping in an eCommerce store than a retail store in our street.
The Undisputed Future of Retail Business
The e-commerce business is virtual retail stores displaying their products on an online platform for a customer to purchase it using their smartphones or PCs. With the pandemic and the behavioral change in the customers that had already begun, the eCommerce sector has declared itself the undisputed future of shopping.
A study conducted by Digital Commerce 360 conveys that of the total retail sales in the year 2020, 21.3% constituted the eCommerce sector. Insider Intelligence predicts $3.914 trillion in sales via e-commerce this year. Whereas, the Global Ecommerce Update 2021 report states a prediction of $5 trillion in sales in 2021.
Big Players in the Industry are Integrating ECommerce into their Business
With prodigious numbers revolving around the e-commerce sector the giants of other businesses have turned their eyes towards it.
Facebook, a company that has always been seen as a forerunner of futuristic business ideas, has already started its journey through the eCommerce lane by adding shop features on Instagram and Facebook.
While Facebook has been taking one step at a time, TikTok, the Chinese app seems to make some extraordinary moves by announcing a partnership with Shopify, an eCommerce platform. TikTok has also created a lot of Tik Tok celebrities over the years and has planned to allow them to add links to any products they love with no formal sponsorship from the product itself. They are also working on a live-streamed shopping model similar to the teleshopping model by which the users will be able to shop the products in just a few taps after watching videos showcased by Tik Tok celebrities.
With Facebook and TikTok building their strategies to intrude into the eCommerce sector in the U.S. The Indian stalwart businessman Mukesh Ambani is sculpting his approach to take control of the Indian e-commerce market with JioMart.
JioMart is the chain of retail stores by Reliance Industries all over India, in nearly 200 cities. It has plunged into the online shopping market recently. The customers can order groceries through the JioMart App and get them delivered to their doorsteps. Although Reliance is India’s largest offline retailer they aren’t ready to compete with Flipkart and Amazon yet.
In April 2020, Facebook Inc. bought a 9.9% stake in the Reliance Industries digital unit Jio platforms for a whopping $5.7 billion. After this Facebook and Reliance have been working together on several plans to take control of the online retailers market in India. As a step towards its goal, Reliance Retail Ltd plans to embed JioMart into Whatsapp in a span of six months from now. This move will get JioMart to reach the 400 million Whatsapp users of India.
The Indian retail market is projected to reach $1.3 trillion by 2025. Ambani is trying to acquire a major share of this market with the move of embedding his eCommerce platform JioMart with Whatsapp, the instant messaging App.
LOOKING TO INTEGRATE ECOMMERCE IN YOUR APP? LET’S DISCUSS!
As we now know all the big players are working to integrate their already existing business with eCommerce to grab a share of this vast market. But the interesting fact is none of them have yet arrived at the shore.
If you are an entrepreneur struggling to make a venture launch your e-commerce platform and with the right marketing strategies you will be showered with revenue.
Like all businesses getting first to the shore matters, be aware of the wave of the online retail market and swim towards the shore even before the big players like Facebook, TikTok, and Reliance get there.
Calling all Entrepreneurs for Integrating Ecommerce in their Business
Wondering how to sneak into this massive online retail market and grab your share of it. No worries, we got your back. Are you a business owner with an app providing any kind of service to the customers then we can help you to integrate an eCommerce platform to your app?
Your business can have any kind of existing app, a taxi-hailing service app, a social media app, a food delivery app, a delivery partner app, or even a news app it doesn’t matter. The only thing that matters is a user base. With proper marketing strategies, any kind of user base can be converted into customers.
For example, a taxi-hailing service app can provide offers and discounts if the user shops any product while riding a cab.
We now know how vast the online retail market is and how potential it can turn out if you play the right card at the right time. With all the big players rushing towards it, it is explicit that the best card to play right now is the incorporation of an eCommerce platform into your app. With Appdupe on your side, embed your app with an eCommerce sector in a short span of time and start generating revenue from day one with your already existing user base.
At AppDupe, we know that our customers are Entrepreneurs and keeping them succeeding is what will make us stronger. So, we promise you, Life Time Updates free of charge. Yes, we know that Apple and Google keep coming out with new versions of their mobile OS's and other companies we clone from also keep updating their features and UX to stay up-to-date. We will take care of that for you, leaving you to do what you do best, Win!
Is this legal?
PicMix and PicYou are almost exact clones of Instagram. MyCityDeal and Wimdu are clones of Groupon and AirBnB respectively. The only thing companies can patent is methodology for achieving an action or leading to an end point. If you can figure out another way to do that, without infringing on other's IP, you totally can. We could, so we did.
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