Monday, July 8, 2024

Biz activity for Shopify’s Indian sellers up 9.8% to Rs 30,100 cr in 2022

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According to recent data, the business activity of Indian sellers on the e-commerce platform Shopify witnessed a significant increase in 2022. The total business generated by these sellers amounted to approximately Rs 30,100 crore, representing a notable growth of 9.8% compared to the previous year.

Shopify, a leading global e-commerce platform, has gained popularity among Indian entrepreneurs and businesses for its user-friendly interface, customizable features, and extensive integration options. The platform enables sellers to set up their online stores and reach a broader customer base, both domestically and internationally.

The surge in business activity for Indian sellers on Shopify can be attributed to various factors. Firstly, the growing digital adoption in India, accelerated by the COVID-19 pandemic, has compelled businesses to establish an online presence to meet the changing consumer preferences. Shopify provides a robust platform for businesses of all sizes to establish and expand their digital storefronts.

Additionally, the ease of use and comprehensive support offered by Shopify have made it an attractive choice for Indian entrepreneurs. The platform provides a range of tools and resources, including inventory management, secure payment gateways, and marketing capabilities, empowering sellers to efficiently manage their online operations.

Furthermore, the rise of social commerce and the increasing popularity of direct-to-consumer (D2C) models have further fueled the growth of Shopify’s Indian sellers. The platform seamlessly integrates with various social media platforms and allows businesses to leverage the power of social networks for marketing and sales.

The significant growth in business activity for Indian sellers on Shopify reflects the potential and opportunities provided by e-commerce in the country. It highlights the ability of Indian entrepreneurs to adapt to the evolving digital landscape and leverage technology to reach new customers and drive revenue growth.

As more businesses recognize the advantages of online selling and embrace digital transformation, platforms like Shopify are likely to play a crucial role in supporting their journey. The continued growth of Indian sellers on Shopify underscores the platform’s commitment to enabling entrepreneurship and empowering businesses to thrive in the digital age.

Looking ahead, with the Indian e-commerce market poised for further expansion, it is expected that the business activity of Indian sellers on Shopify will continue to experience robust growth, contributing to the overall growth of the e-commerce ecosystem in India.

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