Tag: best ecommerce platforms

Top 8 Best Platforms to Sell Gifts This Valentine’s Day 2025
February is often termed the month of love for obvious reasons, and that is Valentine’s Day. Honestly, Valentine’s Day is not less than a festival in the world; people buy gifts for their significant other and profess their love and care to them with those gifts.

Every year, the market for Valentine’s Day gifts experiences a steep rise. Be it chocolates, plushies, or handmade personalized gifts, they always find their way to the customer’s heart in the month of love. They have a level of value that is indescribable, and that is why they are turning into one of the best gift items in the industry.

For most people, looking for the perfect Valentine’s Day gift can be exciting and confusing as well; the trend of giving handmade personalized gifts has been in for a couple of years, and till now, it has not died down and seems to be going quite strong.

People prefer to provide handmade gifts to their partners, especially on V-Day. So, for those who are into making them, you can sell them online, which is quite a good idea. In this article, we will talk about some of the best platforms where you can sell handmade gifts this Valentine. So, let’s take a look.

“The more value you give, the more you get to sell.”
Etsy

Etsy – Best Gifting Platforms

One of the most popular c-commerce platforms where you can sell your handmade gift items is Etsy. Any kind of handmade product like clothes, jewellery, artwork, bags, and vintage items can be found here. The E-commerce platform consists of over 81.9 million buyers and over 4.1 million sellers.

Benefits of Selling on Etsy
- The first and foremost benefit is that you don’t have to build a website, which is quite a costly and long procedure. You can set up your online retail store here at a minimal cost and start selling your gift products.
- It is easy to update your products on the website whenever you feel like making a change.
- As mentioned before, with over 81.9 million buyers, the number of customers you can get for your products is huge. If you start your own website, it may take a lot of time, but with Etsy, if your product is good, then you just have to focus on your customers.
- It is good for people who are just starting their online business; it gives them an idea of how an online store works, and with time, they can also start their own website later.
Amazon Handmade

Amazon Handmade – Best Gifting Platforms

There is hardly anyone who is not aware of one of the biggest e-commerce platforms in the world, Amazon. Now, you can sell your handmade products on their site Amazon Handmade. It was a direct competitor of the E-commerce site Etsy.

Benefits of Selling in Amazon Handmade
- When it is the biggest online e-commerce site, then the chances of your products getting noticed are inevitable. So, Amazon Handmade, a handmade gifts website, can be good for you to sell Valentine’s gifts.
- It is a well-established brand that knows what it’s doing; it doesn’t change its algorithm much. So, while selling your products here, you won’t be experiencing a sudden drop in your traffic that may lead to a decrease in your sales.
- You have to fill out an application that assures your authenticity and ensures that the products you’re selling are actually made by you.
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Craftsvilla

Craftsvilla – Best Gifting Platforms

This website is known for selling unique gifts, so if your products are unique and handmade, then it is the perfect place for you. Sarees, vintage handmade house decors, or jewellery, you can sell these here. Craftsvilla is also said to be the largest online ethnic store in India.

Benefits of Selling in Craftsvilla
- Your products get exposure to the international market.
- You can showcase your local culture and tradition by selling handmade products and, thus, promoting them as well.
- The process of selling the product is easier, and it is perfect for those who want to sell unique products and also want attention from the customers online.
iCraft

iCraft – Best Gifting Platforms

Another platform where you sell your handmade products, this platform mostly focuses on ethnic jewellery, accessories, and woollen items. All of these have to be handmade as they strictly want the platform to be a household name for handmade products. It’s also one of the best gifting platforms, offering a curated selection of unique, artisan-made items perfect for any occasion.

Benefits of Selling in iCraft
- A huge number of audience to whom you can cater to.
- Enjoy all the profits from your sale; no commission has to be given.
E-Commerce as Percentage of Total Retail Sales Worldwide

AuthIndia

Authindia – Best Gifting Platforms

If you want to sell pure Artwork and handicrafts, AuthIndia is the perfect place for you. Plus, gifting someone any kind of artwork seems classy and favorable. You can sell your products worldwide through this website, an online gifting platform.

Benefits of Selling in AuthIndia
- No charges are required for registration on this website, plus all the profits that you earn are only yours; you don’t need to give out a commission or any extra payments.
- GST is not mandatory; the pricing of your products is fixed only by you.
- The website offers you advertisement space, where you can place your product’s ad. This way, you also get to increase the number of your potential customers.
The India Craft House

The India Craft House – Best Gifting Platforms

“A social enterprise. An authentic platform for pure craft,” says The India Craft House. The digital platform boasts of listing some of the world’s oldest and most intricate craft forms. Starting around ten years from now, The India Craft House lists pure, authentic craft sourced from artisans across India. This way, it curates a unique selection of traditional arts and crafts as beautiful and contemporary gift shop items that can be bought by people worldwide on Valentine’s Day or any other occasion for lovers and friends.

Benefits of Selling in The India Craft House
- The website allows the artisans and craftsmen to just contact the website.
- If you are an artisan or working on behalf of an NGO, a social enterprise or an organization that supports artisans and the creation of handcrafted products, then there are special benefits.
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Facebook Marketplace

Facebook Marketplace – Best Gifting Platforms

Launched in October 2016, Facebook created the Facebook Marketplace to entice individuals to engage in buying and selling activities within its communities. An impressive aspect of the Marketplace is that Facebook offers support to small business owners by waiving any listing fees. Setting up a business on Facebook Marketplace doesn’t require prior eCommerce experience. Additionally, Facebook has partnered with online selling platforms like Shopify to facilitate the presence of online sellers on the Marketplace. While there are no listing fees, sellers must adhere to specific criteria and guidelines set forth by Facebook.

Benefits of Selling in Facebook Marketplace
- It’s free to create listings on Marketplace, so it’s easy to get started selling. The only fees are if you purchase optional promoted listings.
- Facebook handles payments, so you don’t have to build your own checkout system. You can also ship items directly through Marketplace.
- You can message buyers directly within Marketplace and coordinate sales seamlessly.
Pepperfry

Pepperfry – Best Gifting Platforms

Sell your home decor and furniture on Pepperfry to reach home lovers. Use the seller dashboard to track sales, see real-time insights, and improve your strategy. Maintain high product quality with Pepperfry’s strict quality checks and verification process.

Benefits of Selling in Pepperfry

Selling on Pepperfry offers several benefits:
1. Wide Customer Reach: Access a large audience of home decor and furniture buyers.
2. Easy Seller Dashboard: Track sales, get real-time insights, and improve your business.
3. Quality Assurance: Gain customer trust with Pepperfry’s strict quality checks.
4. Marketing Support: Benefit from Pepperfry’s promotions and advertising.
5. Logistics Assistance: Get help with shipping and delivery to customers.
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Conclusion

Valentine’s Day is a perfect occasion for the personalized gift industry in India, as it thrives in February. The gift industry experiences a huge boom in Valentine’s week.

The above websites are some of the E-commerce sites that help people who want to indulge themselves in the handmade gift industry and make a way for all the producers to find their designated place to engage with their potential customers and provide them with the product they need.

FAQs

What sells most on Valentine’s Day?

The most popular products on Valentine’s Day are jewellery, flowers, clothing, and candy.

How can I sell Valentine’s products?

Sell something unique, create personalized gifts, and make sure your website is visible on search results on Valentine’s Day.

What should you dropship on Valentine’s Day?

You should dropship Rose Flower Bears, Valentine’s Day Inflatables, Valentine’s Day Greeting Card, and Valentine’s Day Candles.

How to sell gift items online?

Utilize e-commerce platforms like Shopify for easy setup and leverage social media for targeted marketing to reach potential buyers for your gift items online.

Which are the best gifting platforms in India?

Some of the best gifting platforms in India include Ferns N Petals and Archies Online, offering a wide range of gifts for various occasions with nationwide delivery.

How to start gift shop business?
1. Research your target market and source unique, appealing products.
2. Establish an online or physical storefront and promote your offerings through marketing and networking.
February 11, 2025

Best No Code Development Platforms for Ecommerce Online Stores

E-commerce is the relatively newer and lately more preferred method of trade and commerce. You can find almost everything you need on the internet, ranging from groceries to electronics, from books to even SaaS software. E-commerce has enabled us to buy and sell products online, and since the pandemic has forced us to stay indoors for most of the previous year, it has only encouraged E-commerce sales.

E-commerce works with online stores selling either their own products or products that other people list for sale. Until a few years ago, building and managing an online store would require having extensive knowledge of web development frameworks, some of the popular ones being Node, React, Angular, and Django.

However, with the advent of no-code e-commerce platforms, this has changed, and although some might still prefer custom-made landing pages and websites, the no-code E-commerce platforms are an ever-expanding regime of fresh and advanced features without the need for any code. This is why finding the best platform for eCommerce website development is hard.

What is a No-Code E-commerce Development Platform?

No Code E-commerce Development Platforms allow you to develop, manage, and run your own E-commerce platform and sell your products online without typing a line of code. Most of the best website builder software platforms offer pre-built templates and an efficient and intuitive drag-and-drop interface that make it easy to create and customize your store, add products, manage orders and payments and allow users to design and brand their own logos.

Here we compare the top 5 no-code eCommerce development platforms, so you can choose the best suited for you in accordance with your design and the kind of store you want to run. Hopefully, this article will give you the best no-coding eCommerce website.

BigCommerce
Shopify
SquareSpace
Wix
Weebly
Swell

BigCommerce

Website	www.bigcommerce.com
Rating	4.4/5
Founded in	2009
Best for	Retail businesses of all sizes
Powering	95 thousand sites
Entry Level Price	$29.95/month
Free Trial	15-Days

BigCommerce is one of the best eCommerce development platforms as it allows you to build your own online store without any code and offers a free trial period of 15 days as you choose a suitable plan. It offers e-commerce development tools and essential features to design your storefront specific to your needs and helps you launch your store with expert E-commerce support. They manage updates, security, and hosting for you, allowing you to concentrate on meeting customer needs.

Moreover, as you build your brand along the way, you can also scale your business with BigCommerce. Be it store management, or driving customer traffic to your store, this no code development platform can handle it all, and all you need to really focus on is selling the right product.

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Features Offered by BigCommerce

BigCommerce is among the top nocode platforms as it offers some of the best inventory management tools to give the best user experience to your customers with a personalized approach.
It allows you to choose from the most trusted shipping and payment accepting services so you can have a customized experience.
The BigCommerce website builder helps you get to drive higher traffic to your store through advanced SEO strategies and customizable URLs.
Big Commerce also offers Plug-in POS integrations such as Square and Clover, along with channel integrations with giants like Amazon, eBay, and Facebook.
Advanced marketing tools help your customers enjoy an efficient experience and a streamlined checkout, so they keep returning.

Pros:

A 15-day free trial is available
SEO tools to improve organic reach
Seamless selling on social media
One-click integration with Google Shopping
Robust page builder
Webinar, tutorial, and guide are available
Email Marketing tool
Easy to use

Cons:

Doesn’t allow to add custom typeface in themes

Pricing for BigCommerce

BigCommerce offers 4 different pricing plans namely the Standard Plan, Plus Plan, Pro Plan, and Enterprise Plan. While Bigcommerce offers 15 days free trial. Most of the features of paid plans are similar such as mobile responsive website, single-page checkout, multi-currency support, and more. The pricing details of each plan are given below.

Plan	Monthly Pricing	Annual Pricing
Standard	$29.95/month	$29.95/month
Plus	$79.95/month	$71.95/month
Pro	$299.95/month	$269.96/month
Enterprise	Custom Price	Custom Price

Try BigCommerce Now

Shopify

Website	www.shopify.com
Rating	4.5/5
Founded in	2004
Best for	Best for Larger Businesses
Powering	800 thousand sites
Entry Level Price	INR ₹20/month
Free Trial	3-Days

Shopify website is one of the most popular E-commerce platforms and the best no-code website builder software, as it allows users to build, manage and run their very own online stores. Shopify provides an online store, a payment processor for credit cards, and a POS app to support in-store transactions. This best website builder, allows you to start your online business, market and sell your products, and manage your store on a day-to-day basis, without having to type a single line of code.

Statistics have shown that about 1 million businesses have delivered using Shopify, and have generated combined sales of over $200 billion. Numerous renowned brands, including Tesla Motors, Budweiser, Red Bull, LA Lakers, GoldieBlox and the New York Stock Exchange trust Shopify to power their business.

Features Offered by Shopify

Shopify India offers an online platform for starting an online store and serving customers while you can also hire Shopify experts.
Shopify app offers tools such as Kit and Klaviyo for social media marketing so you can reach more customers.
Oberlo and Printful are some dropshipping tools offered to users by Shopify even furnishing you with the facility of print on demand.
With this no code development platform, you can sell anywhere and to anyone with a Point of sale, as well as online through your website.
Get the required insights with an interactive dashboard to manage payments and shipping, which is what makes it the top no code development platform.

Pros:

Free trial is available
Abandoned cart recovery
Free SSL certificate
Analytics and reports
Marketing automation
Pre-built good-looking themes
24/7 email and live chat support
Wide range of integration
Drag and drop store builder

Cons:

Limited features in the basic plan
Difficult to migrate your site to other platform

Pricing for Shopify

Shopify India offers 3 different pricing plans, called the Basic Shopify plan, the Shopify plan, and the Advanced plan. The Basic plan is suited to new businesses, The Shopify plan is built for a growing business and the Advanced plan is more suited to scaling businesses. The pricing details of each plan are given below.

Plan	Monthly Pricing	Annual Pricing (Save 10%)
Basic	INR ₹20/month (For 3 Months)	INR ₹1,349.08/month
Shopify	INR ₹5,599/month	INR ₹5,039.08/month
Advanced	INR ₹22,680/month	INR ₹20,412/month

Start Using Shopify Now

SquareSpace

Website	www.squarespace.com
Rating	4.6/5
Founded in	2007
Best for	A Dream for Creatives
Powering	2 million sites
Entry Level Price	$23/month
Free Trial	14-Days

SquareSpace is another open-source no code platform that is among the top no-code development platforms as it offers creatives simple tools to build their own websites. This platform enables you to create a website quickly, even if you’re a beginner. It can be done using the well-known “drag and drop” technique. Its extensive selection of templates lets you build professional websites with minimal design. It offers a plethora of no code tools and industry-standard templates to choose from along with all the tools that you need to run your online store.

SquareSpace makes E-commerce easy with a user-friendly website design and customer services, making it the best no-code web app builder. With SquareSpace, not just products from your inventory, you can also sell subscriptions and digital content.

Features Offered by SquareSpace

Not just physical goods, with this no code desktop app builder, you can also help your business grow with appointments and other services.
Enable online bookings and calendars with customer emails and make a mailing list for email campaigns to reach a wider audience.
Integrate social channels and embed maps in your website to make announcements and guide your customers to find your business.
Offer flexible payments and checkout options to your customers with a built-in tax compliance tool and that is why it is the best no code platform.
Also, give out discounts and coupons to your customers to improve conversion rates and recover abandoned carts.

Pros:

Robust online store builder
Blogging tools for product release
Built-in SEO tools
In-depth analytics
Mobile app is available
Free-trial is available
Free logo maker
Intuitive interface

Cons:

Limited customizations options
Some users reported slow page loading speed

Pricing for SquareSpace

SquareSpace offers its users 4 different pricing options – Personal Plan, Business Plan, Commerce Basic Plan, and the Advanced Commerce Plan. While Business Plan is the most popular one, the Commerce Basic and Commerce Advanced plans are the ones you should explore if you wish to build an online E-commerce store. The pricing details of each plan are given below.

Plan	Monthly Pricing	Annual Pricing
Personal	$23 per month	$16 per month (Save 30% annually)
Business	$33 per month	$23 per month (Save 30% annually)
Commerce Basic	$36 per month	$27 per month (Save 25% annually)
Commerce Advanced	$65 per month	$49 per month (Save 24% annually)

Start Using SquareSpace Now

Wix

Website	www.wix.com
Rating	4.4/5
Founded in	2006
Best for	All-around website builder on the market
Powering	220 million sites
Entry Level Price	₹500/month
Free Trial	Not Available

Wix is a no-code eCommerce website creation platform that helps you build, launch and manage your website in different niches including E-commerce. The all-in-one eCommerce website builder offers you all the tools that you need to successfully run your business or an online store tailored to your specific needs.

It is also known to be the best platform for eCommerce website development, as you can connect with a team of professional designers and marketers to build your brand and start selling.

With Wix, users have access to an intuitive drag-and-drop editor, professionally designed templates, and powerful tools that make it a breeze to create all kinds of websites – from online stores to small business sites. Wix offers many features in its plans, plus their templates have built-in features related to the specific industry. For example, a restaurant template would already come with a booking and billing feature!

Create an Online Store That Stands Out | Wix eCommerce

Features Offered by Wix

Wix offers an Open Development Platform and a rapid Front-end design for you to transform an idea and implement it with product managers.
It is among the best website builder software as you also get an Omnichannel Solution for Customer Support, fully integrated with your E-commerce suite.
Wix templates allow you to create a digital hub with media libraries and create password-protected pages to engage employees.
Wix website builder also offers scalable hosting, and enterprise standard security features, with compliance across various business niches.
You also enjoy third-party integrations and APIs and accelerated web development with team collaboration, making it the best website builder for small businesses.

Pros:

More than 1000 designs
Mobile app is available
Free online store builder
80+ payment providers
Wix logo generator
User-friendly UI
AI-powered ad campaigns
Email marketing tool
Excellent customer support

Cons:

Doesn’t provide seamless template interchange
Need to install third-party apps for advanced functionality

Pricing for Wix

Wix Business and eCommerce Plans offer 3 different pricing plans called the Business VIP Plan, Business Unlimited Plan, and the Business Basic Plan. If a Wix Premium Plan does not meet your expectations, you can cancel your subscription within 14 days and get a full refund without any additional questions. The pricing details of each plan are given below.

Plan	Annual Pricing
Business VIP	₹500/month, billed annually
Business Unlimited	₹300/month, billed annually
Business Basic	₹225/month, billed annually

Try Wix Now

Weebly

Website	www.weebly.com
Rating	4.3/5
Founded in	2009
Best for	Creative entrepreneurs who want to build online store
Powering	50 thousand sites
Entry Level Price	Free
Free Trial	14-Days

Weebly is a popular website builder that allows you to create and manage your e-commerce online stores without the need to know how to code. This “no code” development tool is user-friendly and intuitive. It makes it easy for anyone to create a professional-looking online store in a matter of minutes.

Its drag-and-drop interface allows you to easily add and arrange elements on your website without needing to know HTML or CSS. This makes it simple for even those with no technical background to create a visually appealing online store. A variety of customizable templates and themes are available to choose from, so you can create a unique look and feel for your store that stands out from the crowd.

Additionally, Weebly offers a wide range of e-commerce features including inventory management, shipping and tax calculations, and integration with popular payment gateways.

Features Offered by Weebly

It allows you to create detailed product pages with multiple images, descriptions, and pricing options to showcase your products.
Shopping cart and checkout feature that allows customers to purchase multiple items at once and complete their purchase with a secure transaction.
Built-in email marketing feature that helps users to create and send newsletters to their customers.
All Weebly-built websites are optimized for mobile devices, ensuring that customers can easily browse and purchase products from their smartphones or tablets.
Built-in SEO tools to help you optimize your online store for search engines and improve its visibility in search results.
Customer Reviews to help your customer decide the best product.

Pros:

Coupons and gift cards
Inventory and shipping management
Analytic tools
Customizable email templates
Bunch of pre-built templates
Mobile app is available
User-friendly dashboard
Help-center articles

Cons:

Limited number of templates are available
The marketing feature is not up to the mark

Pricing for Weebly

Weebly offers 3 pricing plans i.e. Pro, Business and Business Plus. While the Pro plan is best for groups and organizations, the Business Plan is best for small businesses and stores, and the Business Plus plan is best for power sellers. The pricing details of each plan are given below.

Plan	Yearly Pricing
Pro	$12/month, when paid annually
Business	$25/month, when paid annually
Business Plus	$38/month, when paid annually

Try Weebly Now

Swell

Website	www.swell.is
Rating	4.2/5
Founded in	2015
Best for	Best for ambitious and intelligent brands
Powering	1,119 sites
Entry Level Price	Free Plan
Free Trial	14 Days

Swell is another no code E-commerce development platform and the best website builder for online stores designed especially for ambitious and intelligent brands. This platform is designed to work with any type of online store, from direct-to-consumer to marketplace, multi-vendor, pre-order, subscription-based, B2B, wholesale, and enterprise sales. Swell makes it easy to create an eCommerce website by providing pre-built themes that contain all the components you need. You simply have to drag and drop items into place. Swell can be integrated with Builder.io, Shogun, and Next.js Commerce for e-commerce use.

Swell no code desktop app builder is designed to help your business grow without having to worry about the infrastructure and maintenance of your website. This top no code development platform offers to rid your storefront from the backend using themes for modeling products. It provides brands and businesses with innovative tools to enhance their customer’s shopping experiences.

Features Offered by Swell

Recover abandoned carts via email reminders and offer guest and custom checkout options to your customers.
Give out discount coupons for limited time periods along with storewide discounts and generate bulk coupons with discount conditions and is the best no code web app builder because of this feature.
Swell also allows for order editing along with payments and refunds, partial or full which is necessary for no code e-commerce.
Include custom options and create unlimited product attributes. You can also increase revenue by creating product bundles for tracking the inventory.
Get your own performance report and know what is selling and what isn’t. You can also export this data in a CSV format.

Pros:

Abandoned cart recovery
Visual storefront editor
Multi-language and multi-currency support
Free plan is available
Help center articles and community support
Interactive and robust dashboard

Cons:

Paid plans are expensive compared to other platforms

Pricing for Swell

Swell offers a Community plan which is Free and 2 pricing plans i.e. Standard and Enterprise plans. While the Community plan is best to launch and grow a new online store, the Standard Plan is more suited for scaling businesses that look to enhance their marketing, and the Enterprise plan is built for large enterprises looking for unlimited scalability, greater control, and dedicated resources. The pricing details of each plan are given below.

Plan	Monthly Pricing
Community	Free, pay only when you are selling
Standard	$299/month
Enterprise	$2,000+/month

Limitations of No Code E-commerce Platforms

As the demand for e-commerce solutions continues to grow, more and more businesses are turning to no-code platforms as a way to quickly and easily set up an online store. These platforms, which require no coding or technical expertise, offer a simple and intuitive way to create and manage an e-commerce website. However, it’s important to understand that while no-code e-commerce platforms can be a great option for certain businesses, they also come with certain limitations that need to be considered.

No-code e-commerce platforms have limited customization options. Many of these platforms use pre-built templates and themes, which can make it difficult to create a truly unique and customized online store. Additionally, many no-code platforms have limited functionalities, which can make it difficult to create a complex or highly customized e-commerce site.
These platforms may not be able to handle a large amount of traffic or data. This makes it difficult to scale up a website as a business grows. The platform may not offer options for upgrading to more powerful servers or adding additional resources, this makes it difficult to scale the website as it grows. Many of these platforms are designed for small to medium-sized businesses and may not have the scalability and performance capabilities needed for larger or more complex e-commerce sites.
Your website will be dependent on the platform and you may not be able to export the website if you wish to change the platform. Many platforms don’t allow their users to shift from their platform to another platform seamlessly.
No Code E-commerce platforms may not have the same level of functionality as a website built with code. You may not be able to add custom features or integrations that are important to your business.

Conclusion

Starting an E-commerce website has proved to be a great source of revenue lately, and depending on your inventory, you can efficiently scale your business with an online store. Most of the above-listed eCommerce development platforms allow you to develop your own E-commerce store without coding by using their eCommerce development tools. While some of them allow for the use of custom code but aren’t mandatory.

While some of them are focused on E-commerce platforms, others like Wix help you build any kind of website that you need, and while some of the platforms are built to sell physical goods, others like SquareSpace also allow you to sell digital assets. So whatever the niche you’re planning to set up your online store in, you can always choose from one of the no-code eCommerce websites listed above to build your website without code.

It’s worth noting that while these no-code eCommerce platforms make it easy to set up and manage an online store, they may have certain limitations in terms of customization options. Each of these platforms has its own set of features, pricing plans, and integrations, so it’s important to compare them to see which one best fits your needs.

FAQs

How do you make a platform without code?

To build features in a no-code platform, you drag and drop modules into a logical chain. In essence, no scripting is needed as everything has already been developed or visually modeled; all you have to do now is drag, drop, and assemble.

How do I make an eCommerce app?

Follow these steps to create your own eCommerce app:

Enter the name of your app. Select the category that suits best your need.
Add the features you want. Create an eCommerce App in minutes without any coding.
Publish the app on app stores. Make shopping easier with your eCommerce App.

What are no code low code platforms?

Low-code/no-code development platforms are types of visual software development environments that allow enterprise developers and citizen developers to drag and drop application components, connect them together and create mobile or web apps.

Will low code replace developers?

Small businesses may still face a significant hurdle in accessing these platforms and starting to use them to build apps in-house. Low-code and no-code platforms will likely never replace traditional development fully.

What is a no-code backend?

No-code development platforms (NCDPs) allow programmers and non-programmers to create application software through graphical user interfaces and configuration instead of traditional computer programming.

Are no-code eCommerce platforms suitable for large businesses?

No-code eCommerce platforms are generally better suited for small and medium-sized businesses. However, many platforms have the scalability to handle large numbers of products and customers, and support for customization through the integration of 3rd party apps. Additionally, for businesses of any size, it might be a good idea to consult with an expert to ensure that your platform will meet your business’s needs.

What are some popular no-code eCommerce platforms?

Some popular no-code eCommerce platforms include Shopify, Wix, Squarespace, Weebly, and BigCommerce.

Are no-code eCommerce platforms expensive?

The cost of using a no-code eCommerce website can vary depending on the platform you choose and the specific features you need. Some platforms have a monthly or yearly subscription fee, while others take a percentage of sales. However, many platforms offer a free trial or a basic plan with limited features at no cost which can be a great way to get started.

Can I integrate my existing website with a no-code eCommerce platform?

Many no-code eCommerce platforms provide various options for integrating your online store with your existing website. This can typically be done by adding a “Buy” button or a shopping cart to your website, or by embedding the store into a specific page or blog post. Some platforms also provide APIs and developer tools that allow for more advanced integration options.

January 23, 2023

How to Set Up Your Shopify Store? | Complete Guide for a New Shopify Store Owner
Every new business is brought into existence for two motives, the first is to earn high profits, and the second is to provide the people with what they need. This is both an enthusiastic and overwhelming affair. Making a difference in the world with your products, especially in the eCommerce industry, means you’re on the verge of something very big.

Whenever you head out to buy products online, you always vouch for the platforms that are the most promising. You trust these online stores as they have delivered their best products to you or others. Shopify stores are perhaps the most efficiently launched and managed online businesses. From selling consumer goods to selling technical equipment, this eCommerce platform has mastered everything.

So, if you want to break into the industry of eCommerce hassle-free, then you can start walking towards building your new Shopify store. Shopify Dropshipping Store aims to solve all your problems with inventory management if you can not afford a brick-and-mortar concept. The need to carry any of the products you sell will be eliminated, ensuring affordability, flexibility, and opportunity.

This article is a guide for all the new Shopify store owners or to-be owners who are unsure where to begin. It will guide you through every step of how to set up a Shopify store from scratch.

Things You Should Consider Before Starting a Shopify Store
How to Set up Your Shopify Store?
Things You Should Remember After Opening a Shopify Store

Best Shopify Store Examples for Inspiration

Things You Should Consider Before Starting a Shopify Store

Here are some factors you should consider before creating a Shopify store:
- The amount of investment you want to contribute to your venture.
- The line of products you wish to deal in.
- The number of countries you want to operate in.
- Creating a mobile-friendly user interface.
- Learning some basics of SEO.
You can start your eCommerce business on Shopify with a free 14-day trial and pick a plan later for your store. You have three options to choose from – Basic (29 USD), Shopify (79 USD), and Advanced (299 USD). All these are monthly packages.

Shopify Special Offers

Apart from giving a free 14-day trial, Shopify has now come up with an amazing offer that allows you to enjoy up to 97% off for 3 consecutive months on selected plans. This offer is, however, for a limited period of time. The new Shopify stores can avail of this by selecting only a paid ‘Basic’ or ‘Starter’ monthly plan of Shopify before 25^th August 2022. The discount will be applied after the creation of one’s store. After that, you can go on with launching your store and start selling.

Shopify also offers some discounts on its yearly plans. It offers a 10% discount for a one-year plan, a 20% discount on a two-year plan, and 25% when someone pays for a three-year plan in advance.

How to Set up Your Shopify Store?

If you are a newbie and want to know how to set up your Shopify store then the following steps will guide you to set up your store easily:

Shopify’s Total Revenue from 2016 to 2021

Login to Your Shopify Account

If you don’t already own one, the first thing you’ll need to do is create a Shopify account. Simply visit the Shopify website and select the “Start Free Trial” option. Fill in your business name, email address, and other asked details. Following this process, you can start building your store immediately. At this step, you can select any monthly or yearly plan as per your preference. In cases of yearly plans, Shopify offers up to a 25% of discount.

Add Relevant Products

When you click on “Add Products” in the Home tab, you will be redirected to where you have to create your product page. Include all the information related to the product—high-quality photos, relevant keywords, and a detailed description of the product. All the data you are adding must be genuine and worthwhile enough for the client to buy it.

Keywords will help the products rank higher on SERP. This will lead to the maximization of potential leads. You just have to focus on converting these potential leads into potential customers. Make sure the images you choose are high resolution and show a clear view of the product, as it will make or break the main sales. Choose your product prices wisely according to the product niche you are targeting. Try to stick to industry pricing only. You can neither be extravagant in charging your customers nor take the downside.

Include various categories of products in your offering, giving the shoppers the benefit of choice. For example, if you are choosing a shoe website. Then make sure that you inculcate a variety of shoes to fulfil the needs of various types of customers belonging to different locations.

How to Set up Your Shopify Store? | Add your products

Personalize the Look of Your Shopify Store

Mastering the outlook of your website is the main task. The main work of creating the product page and adding all the product categories is done, which means 80% of the work is done. Your Shopify store now lacks some attractive and polished looks, which you will add with the help of various themes available. Browse through the themes you wish to add to your store. Here, you might choose to spend an extra penny because every customer gets attracted to vibrant and colourful websites. Customization works best at this moment.

You can edit your main menu, the main banner of your Shopify store, and the header and footer. If you want to make your Shopify store look more appealing, add vibrant fonts, brand colours, and buttons that will be reflected across the website.

Shopify provides a beautiful theme that makes the website look elegant. But customization will allow you to add the necessary elements to your store through which the shoppers can relate to your story. Creating and building a brand is a huge task, and customization will act as a stimulus in this process.

The main menu is either displayed all across the header or displayed in the sidebar as a list of items. Don’t forget to make the main menu simple to operate. The checkout must be customized properly to ensure that the users find something very special about the order they are placing. Tweak a few settings like the background image or colour, allowing the website to have a more polished outlook.

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Decide the Shipping Method

Select Shipping in the settings menu and set up your shipping options. All the delivery companies of the third party must be entered, and the dimensions of custom packaging must be included if you have an option. This setting allows you to determine and add whether you are delivering in the local area or if a local pickup is scheduled.

Set up the Taxes

Taxation details are something you need to take extra care of as these will be included within your product details. This involves a serious investment of time to check that all the details have been filled in properly or not. All the relevant information regarding additional taxes and costs must be disclosed to the customers before they make their purchases. The Shopify taxes and international shipping charges must be included under the products section to ensure complete transparency.

Register Your Domain

Adding a domain name will make your website official. In this step, you can take plenty of time to decide which domain suits your Shopify store the best. You can either purchase a domain from Shopify (starting from 11USD per year) or you can also purchase the domain from elsewhere (price ranges between 10-20 USD per year). Also, you get a free domain (.myshoipfy.com) on sign up. After purchasing the domain, you just have to add it to your Shopify store to make it official.

How to Set up Your Shopify Store? | Sign-up form

Connect the Payment Gateways

The Shopify store is almost done, and connecting payment gateways is the last thing you need to do. By clicking on the Payments option, you will be redirected to a page with many payment gateway processors. This will require adding the last 4 digits of your SSN (Social Security Number). You also have to sign up for Shopify Payments by entering your personal, business, product, and bank account details. This will enable you to accept payments from the customer. Popular payment gateways generally accepted and used include PayPal, Authorize.net, and Stripe. However, you can also connect to a third-party payment processor.

Launch Your Store

Your Shopify store is now created and it’s time to launch it and start selling your products. Generally, in Shopify, the stores are protected with passwords as the owner is expected to edit the website at the back-end. But when you are ready to launch your store, remember to remove the password protection before you start selling. This is the final step, and you are all geared up to start selling on your Shopify store. Now, you can also initiate running ads for your Shopify store and reach potential buyers to climb the ladder of success by releasing the Shopify store to the public.

Percentage of number of Shopify shops by region as of 2021

Things You Should Remember After Opening a Shopify Store

If you want to focus on gearing up your profits and building up big fat brand loyalty, then make sure that you remember to add value to your Shopify store with the help of the following points:

Regular Modification of Your Website

Check and modify your website at regular intervals. As the world is an ongoing land of process, the dynamics are very frequent. You cannot stick to a particular method of operations. You have to adapt to the changes in the market. Your Shopify store must be updated with the latest trends, themes, and products. Your marketing operations must modify to newer techniques to drive a good amount of traffic which will ultimately help you rank higher. You must also keep a regular check on the overall optimization of your website now and then to know whether the visitors are attracted to it or not.

Conduct Search Engine Optimisation

Search engines play a very vital role in the selling process. The higher the ranking, the higher will be the traffic to your Shopify store. After the creation of your Shopify store, you must plan to conduct keyword research and update your product description accordingly from time to time. You also have to ensure that your website does not contain complex categories and subcategories as a simple website will help the search engines to locate the keywords in your store better and help your products to rank higher. A good Search Engine Optimisation will amplify the traffic on your Shopify store, so don’t forget to obtain the maximum benefit of this technique.

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Monitor Your Analytics

Check the analytics of your business regularly after you have launched your store. You cannot leave your store in isolation as reviewing your store’s recent activity is very crucial for maintaining quality in operations. Your store’s user experience, insights about the likeliness or preferences of the shoppers, and overall operations must be kept in a regular check. This will help in the upgrowth of your Shopify store.

Adherence to the Shopify Policies

Shopify aims to give the best commercial online platform along with certain rules and regulations that you must comply with. After opening your Shopify store, remember to operate it as per the Terms of Service and Shopify Acceptable Use Policy. There are certain policies related to the import and export of goods between countries, so you must give proper adherence to them in order to sell your products internationally.

Conclusion

Even though there are a number of all-in-one eCommerce software solutions available, Shopify Store remains at the top of its game. Through this Shopify store guide, you can construct a powerful online store in a matter of hours, including inventory management, order management, and more.

Shopify has assisted thousands of established entrepreneurs who have started creating their Shopify stores from scratch, with no coding skills required. Thus, it is an amazing eCommerce platform for all and the above-mentioned guide will help you yield great results as a new Shopify store owner.

FAQs

What is the average revenue per customer in a Shopify store for 2022?

The average revenue per customer in a Shopify store was found to be 92 USD in May 2022 as per Littledata’s survey of 2,361 Shopify Stores.

Can I have multiple Shopify stores in one email?

Yes, you can have multiple Shopify stores in one email, but you cannot have multiple stores on one Shopify account. You need multiple accounts (that can be linked to one email) for having multiple Shopify stores.

Does Shopify charge any extra bandwidth fees?

No, there are no extra bandwidth fees in Shopify. All of its plans include it for free.

Can I use my own domain name instead of buying it from Shopify?

Yes, you can use your own domain name instead of necessarily buying it from Shopify. Although, Shopify also provides a free domain name (myshopify.com) to all the stores on sign-up.
August 12, 2022
Top 10 Leading E-commerce Companies in the World

The global e-commerce market is expected to reach USD 27,147.9 billion by 2027.

By 2040, 95% of all retail purchases will be made online. All these stats show us that the market of e-commerce is booming.

If you own an e-commerce business then you can make a lot of revenue since nowadays a lot of consumers don’t want to visit an offline store. Instead, they would prefer buying products from the comfort of their homes.

But, it also tells us that there is a lot of competition in the market. To survive in this ever-growing market you need to constantly innovate, improve the buying experience and provide a high-quality product or service.

In spite of the highly unpredictable nature of e-commerce, there are some companies that were able to take the e-commerce market by storm. Today, we are going to tell you about the top 10 e-commerce companies in the world.

1. Amazon
2. Alibaba
3. eBay
4. Walmart
5. HomeDepot
6. MercadoLibre
7. Rakuten
8. Reliance
9. Prosus
10. Meituan Dianping

1. Amazon

Amazon Website

You must have expected Amazon to be at the top of the list and why not! We all must have ordered something from this ever-growing e-commerce site. The consumer base and revenue of this company are growing year by year.

Currently, in July 2022 Amazon has a market capitalization of $1.163 trillion. At the end of the financial year 2022, the company generated a whopping revenue of $477.748B, a 13.99% increase year-over-year. The company has 310 million customers worldwide.

In 2021, Amazon grew its market value by 73.6 per cent. It made a revenue of $469.822B in 2021, a 21.7% increase from 2020. This is because of the COVID-19 pandemic which resulted in lockdowns all around the world.

As of 2022, Amazon generates $638 million each day. This means that the company makes $7,300 each second, $443,000 every minute, and $26.6 million every hour. So, every week Amazon earns an average of $4.4 billion and every month an average of $17.6 billion. Considering all these stats if Amazon stops working even for 1 minute they would lose millions of money!

According to Statista, Amazon.com had over 2.2 billion combined desktop and mobile visits. The company has listed 12 million items across all its categories and services which means that you can buy anything from the site.

Amazon Prime membership and Prime day are very smart strategies that allow the company to increase their sales.

Users quickly buy the Amazon Prime membership since they get free two-day shipping and access to Prime Music and Prime Video. Since they are prime members they are most likely to buy products from Amazon regularly.

Prime day sales incentivize consumers to buy goods and services. In 2021, on Prime day the company made a revenue of $11.79 billion.

2. Alibaba

Alibaba Group Holding Ltd. is a Chinese multinational company that has several businesses which specialize in e-commerce, cloud computing and logistics.

Alibaba.com:

Alibaba is the biggest wholesale marketplace which connects buyers and suppliers all around the world. Think of it like Amazon. The only difference here is that Amazon serves the American division but Alibaba is for China.

Taobao:

An online marketplace that facilitates consumer-to-consumer (C2C) business.

Alibaba Cloud:

A cloud computing company that provides cloud services on a pay-as-you-go basis.

TMall:

TMall is a Chinese-language website that facilitates business-to-consumer (B2C) online retail.

AliExpress:

AliExpress is an online retail company where international online buyers can buy cheap products and services from small businesses in China.

Lazada:

Lazada is an international e-commerce company where merchants sell their products and the company takes care of payment and delivery of products.

Youku:

Youku is a video hosting service based in Beijing, China.

DingTalk:

DingTalk is a messaging app in China that has over 100 million users.

Cainiao Network:

Cainiao Network is a Chinese logistics company.

As you can see Alibaba has created its own ecosystem. The market capitalisation of Alibaba is $331.52 billion. The company has 1.24 billion consumers worldwide.

In a press release the company said that in the September Quarter of 2021, the company generated a revenue of USD 31,147 million, indicating a 29% year-over-year increase.

In the financial year 2022, Alibaba group made a revenue of 134.6 billion U.S. dollars.

The unique thing about Alibaba and its subsidiaries is that they provide opportunities to small sellers to upscale their business.

3. eBay

eBay is an American e-commerce company which allows users to buy and sell their products. As of July 2022, eBay has a market capitalisation of $24.47 Billion.

At the end of March 31 2022, the company’s revenue was $10.265 billion, a 9.17% increase year-over-year. In 2021, the company made a revenue of $10.42 billion, a 17.16% increase from 2020.

The platform has 185 million active buyers and 19 million sellers worldwide. Most of the users buy and sell electronic products and accessories.

eBay has implemented advanced technology using which buyers can find the best price for a certain product easily. The ‘best price guarantee’ of eBay also attracts a lot of customers.

Under this policy, if a user buys a product from eBay and finds a better price from its competitor, within 48 hours the company will cover 110% of the difference.

eBay also encourages sellers to advertise their products. This helps the company to earn ad revenue. The company has also tied up with PayPal which provides in-house payment services to buyers and sellers.

4. Walmart

Walmart is an American multinational retail corporation that has established 10,500 stores and clubs in 24 countries.

It operates a chain of hypermarkets, discount department stores and grocery stores. Apart from focusing on offline stores, the company has started allocating its resources to its e-commerce stores and has expanded its grocery pickup and delivery services.

The huge chain of offline stores helps the company to sell more goods and services online.

The company has a market cap of $343.52 billion. Walmart’s annual revenue for the year 2022 was $572.754 billion, a 2.43% increase from 2021.

Walmart has 2.3 million employees which help the company to rapidly scale their business.

5. HomeDepot

Home Depot is an American multinational home improvement retail corporation that deals with construction and home improvement products. It is the largest home improvement retailer in the United States.

The company has a market capitalisation of $294.646 billion. In the first quarter of fiscal 2022, the company reported sales of $38.9 billion, an increase of $1.4 billion.

According to Statista, the company has carried out nearly 1.8 billion customer transactions worldwide.

HomeDepot’s huge chain of offline stores and awesome customer service has helped the company to become successful.

Recently, the company has invested a lot of money to digitally transform its operations. In 2021, the company launched the “Rent Online, Pick-up In Store” (ROPIS) functionality where customers could view equipment online and make reservations for them in advance from the comfort of their homes.

The company has partnered with Google Cloud to take their digital transformation efforts to the next level.

6. Mercado Livre

Mercado Livre Website

Mercado Livre is the largest e-commerce and payments ecosystem in Latin America. The company operates in 18 countries.

Using this platform users can buy, sell and make the payment for the products. MercadoLibre has a market capitalization of $35.26 billion.

The company’s annual revenue for 2021 was $7.069 billion, a 77.92% increase from 2020.

In 2021, the company gained 139.5 million unique active users. Mercado Livre has been aggressively investing in logistics to make its delivery more effective. In the fourth quarter of 2021, nearly 90% of the shipping was carried out using its own network.

7. Rakuten

Rakuten Ichiba is Japan’s largest e-commerce that operates in 29 countries. Using this platform consumers can buy electronics, clothes, books, baby essentials, apparel and much more.

Apart from e-commerce the company also provides financial services, video distribution services and communications services.

The company has a market capitalisation of $7.45 billion. If we look at Rakuten’s latest financial reports we can notice that the company’s current revenue (TTM) is $15.03 billion.

Rakuten provides loyalty points to its customers which are linked to their credit cards. This means that every time customers make a purchase from Rakuten they earn points. The company has 1.6 billion customers around the world.

8. Reliance Digital

Finally, an Indian company on this list! As we all know, Reliance Industries is a multinational conglomerate that has a diverse business in telecommunications, petrochemicals, natural gas, retail, mass media and textiles.

Reliance is India’s biggest retailer, with more than 12,000 stores. The company has put up its foot in the quick commerce segment by launching JioMart. Using this platform users can order 50,000+ grocery products online.

The company’s fashion e-commerce portals Ajio and Reliance Digital performed well during the COVID-19 pandemic.

Reliance has a market capitalisation of US$243 billion. Reliance Industries became the first Indian company to cross 100Bn$ in revenues.

Reliance industries is also the 10th largest employer in India with a workforce of 236,000 employees.

In FY2021, Reliance Retail generated a revenue of Rs 1,53,818 crore and a pre-tax profit of Rs 9,842.

9. Prosus

Prosus is a Dutch multinational conglomerate company. It is Europe’s largest consumer Internet company and one of the world’s largest tech investors.

The company has invested a lot of its money in companies from different sectors like fintech (PayU), food delivery platforms (iFood, Delivery Hero and Swiggy), and EdTech (Stack Overflow, Brainly, Udemy), retail (eMag) and e-commerce (OLX).

In 2021, Prosus delivered revenue growth of 51% to US$9.8 billion from its e-commerce ventures.

10. Meituan Dianping

Meituan-Dianping is a Chinese shopping platform for consumer products and retail services like dining, delivery, travel and much more.

The company works on the model of a ‘super app’ where users can buy movie tickets, order food online, read restaurant reviews, buy different products and services and do much more from a single app.

Meituan has a market capitalization of $151.52 billion. In 2021, the company generated a revenue of 179 billion yuan.

In the first quarter of 2022, Meituan’s food delivery and in-store business along with hotel and travel segments achieved an aggregate operating profit of RMB5.1 billion.

Conclusion

As you can see all the top e-commerce companies are constantly innovating and providing high-quality products or services to their customers. The companies have understood the behavioural pattern of the audience and are trying to make the lives of the people better. Remember, when your product or service is helping people you will always succeed.

FAQs

Which is the world’s largest e-commerce company?

Amazon is the world’s largest e-commerce company with a market capitalization of $1.163 Trillion. At the end of the financial year 2022, the company generated a whopping revenue of $477.748B, a 13.99% increase year-over-year.

Is Alibaba bigger than Amazon?

No, Alibaba is not bigger than Amazon.

Which country is No 1 in e-commerce?

China is the world’s biggest and fastest-growing e-commerce market in the world. The e-commerce market in China is growing at an annual growth rate of 21%.

What is the biggest online market?

eBay is the biggest online marketplace that serves over 180 million buyers worldwide. The company operates in 190 markets around the world.

July 25, 2022
List of All the Startups Acquired by Flipkart

Within ten years, e-commerce business platforms are booming like anything. All the more, the pandemic seems to have given a push of 10 times more to these e-commerce sites. The given hectic life, and busy schedules, people do not have the leisure to go out and shop. With many reliable e-commerce websites available, people prefer to buy products online.

According to sources, the Indian e-commerce market is expected to grow to $188 billion by 2025 from $6.2 billion (2020). It is also predicted that the market is expected to increase by 21.5% by the end of 2022.

Flipkart, which is India’s one of the biggest players in the e-commerce market, is also considered the most valuable startup in the country today. This Walmart-owned company started its journey by selling books online and further expanded into selling other product varieties such as electronics, fashion, home essentials, and other lifestyle products.

Through its journey of becoming the most successful startup, Flipkart has acquired several companies. Today, Flipkart has a revenue of 433 billion Indian rupees.

In this article, let us discover the list of major companies acquired by Flipkart.

1. ANS Commerce
2. Yaantra
3. SastaSundar
4. Cleartrip
5. Scapic
6. Mecha Mocha
7. Walmart India
8. Upstream Commerce
9. Liv.ai
10. F1 Info Solutions & Services
11. eBay India
12. Jabong
13. PhonePe
14. FX Mart
15. Appiterate
16. AdIQuity
17. Myntra
18. Jeeves
19. Letsbuy.com
20. Chakpak
21. MIME360
22. weRead

1. ANS Commerce

Year of Acquisition – 2022

ANS Commerce Logo

ANS Commerce is a direct-to-consumer (D2C) SaaS startup. The company offers e-commerce solutions for online brands, such as brand-store tech, performance marketing, platform support, marketplace management, and more.

Flipkart has acquired ANS Commerce for an undisclosed amount. However, the agreement is yet to be completed due to some closing conditions.

2. Yaantra

Year of Acquisition – 2022

Yaantra Logo

Yaantra is an electronic repair company that offers door-to-door electronic repair services for smartphones and laptops and sells refurbished products. The acquisition made by Flipkart is to improve its after-sale services in the smartphone segment and to maintain the recommerce platform. Yaantra was acquired by Flipkart for approximately $40-50 million.

3. SastaSundar

Year of Acquisition – 2021

SastaSundar Logo

SastaSundar operates in online pharmacy and healthcare solutions such as e-diagnostics, and e-consultations with a network of more than 490 pharmacies. Flipkart was acquired to further improve the healthcare system by offering affordable pharmacies to consumers on a large scale. The Flipkart group has a 75.1% stake in the SastaSundar company.

4. Cleartrip

Year of Acquisition -2021

Cleartrip Logo

Cleartrip is an online travel service company. The company offers booking services for flights, train tickets, and hotel reservations in India and the Middle East. The Covid-19 pandemic made a very stressful year for the travel sector, due to which, Cleartip had laid off around 500 employees. Flipkart acquired Cleartrip in April 2021 in a $40 million deal.

5. Scapic

Year of Acquisition – 2020

Scapic Logo

Scapic is a cloud-based startup that deals in creating and publishing AR and 3D content through a web browser for clients across e-commerce and marketing platforms. The deal made by Flipkart is to enhance its user experience. Flipkart has a 100% stake in Scapic, however, the deal value is still undisclosed.

6. Mech Mocha

Year of Acquisition – 2020

Mech Mocha Logo

Mech Mocha is a mobile gaming platform that operates a live social game called ‘Hello Play’. This gaming app allows participants from tier II and tier III cities to interact with each other through its in game-video. Flipkart invested in Mech Mocha at an undisclosed amount.

7. Walmart India

Year of Acquisition – 2020

Walmart India Logo

Walmart India is a subsidiary owned by Walmart Inc., which is an American multinational retail corporation that has a wide variety of markets dealing mainly in departmental stores, and grocery stores. The reason for Flipkart to acquire Walmart India is to help expand its footprint in the food and grocery segment, which will further strengthen its supply chain.

8. Upstream Commerce

Year of Acquisition – 2018

Upstream Commerce is an Israel-based retail platform that provides cloud-based automated-competitive solutions to help online retailers develop an analysis to boost their sales. Flipkart acquired Upstream commerce to further optimise its product pricing to compete with its rival Amazon.

9. Liv.ai

Year of Acquisition – 2018

Liv.ai is the first Indian company that uses powerful neural network models that enable developers to convert speech into text supporting 10 Indian languages. They aim to give voice to billions of Indians, and the ability to express their language through the digital world. Flipkart acquired Liv.ai for $40 million.

10. F1 Info Solutions & Services

Year of Acquisition – 2017

F1 Info Solutions & Services Logo

In 2017, Flipkart acquired F1 Info Solutions & Services, an IT products repair service provider of brands like Apple, HP, Samsung, Sony, Lenovo, Asus, and many more. The main reason for the acquisition of F1 is to expand Flipkart’s offerings towards after-sale repair services for its IT products and mobile phones.

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11. eBay India

Year of Acquisition – 2017

ebay Logo

eBay is an American multinational e-commerce platform founded in 1995. eBay started its operations in India in 2005 but was not that successful. Flipkart acquired eBay in 2017 for approximately $500 million.

12. Jabong

Year of Acquisition – 2016

Jabong Logo

Jabong.com is an online portal that sells products in categories like fashion accessories, footwear, apparel, home essentials, and other lifestyle products. Flipkart acquired Jabong through Myntra for $70 million.

13. PhonePe

Year of Acquisition – 2016

PhonePe Logo

PhonePe is a digital payment mode for online transactions in India founded by Sameer Nigam. The app operates around the Unified Payments Interface (UPI), regulated by the National Payments Corporation of India. The company was acquired by Flipkart in 2016, although it will function as a separate business unit. Flipkart bought the company for $20 million.

14. FX Mart

Year of Acquisition – 2015

FX Mart Logo

FX Mart is a company that offers payment services like digital or electronic payments, remittances buying and selling of currencies, travel, and related services. The acquisition was made with an aim to enable Flipkart to have its own in-app wallet system and avoid paying a cut to external wallet providers. The deal value was around $6 million.

15. Appiterate

Year of Acquisition – 2015

Appiterate Logo

Appiterate is a mobile marketing company that engages in marketing automation to help e-commerce companies push their sales through push notifications and in-app messages. The details of the deal are undisclosed.

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16. AdIQuity

Year of Acquisition – 2015

AdIQuity Logo

A global mobile ad network founded by Anurag Dod, AdIQuity was launched with the aim to facilitate ad agencies to acquire mobile traffic. Flipkart bought this company in hopes to increase its efficiency on the mobile platform.

17. Myntra

Year of Acquisition – 2014

Myntra Logo

Myntra, initially sold personalised gift items but later on expanded into fashion and lifestyle brands in 2010. In 2014, the company was bought by Flipkart at a valuation of approximately $370 million. The acquisition was done in to beat Flipkart’s rival Amazon to create one of the largest e-commerce markets. To date, Myntra is one of the biggest acquisitions of Flipkart.

18. Jeeves

Year of Acquisition – 2014

Jeeves Logo

Jeeves is one of India’s leading third-party after-sales service providers with a network of 320+ service partners. It was during the same year, Flipkart launched its large appliance category.

19. Letsbuy.com

Year of Acquisition – 2012

Letsbuy Logo

Letsbuy.com is an online retail shop selling branded computer technology and digital lifestyle products from top international and domestic brands. Flipkart acquired Letsbuy.com for $25 million.

20. Chakpak

Year of Acquisition – 2011

Chakpak is an online media podium for films revolving around Bollywood, Telugu, and Tamil that enables users to find information regarding their timings, reviews, latest news, and information. Flipkart made this acquisition to let them offer user-generated content for a huge array of Indian movies to their customers.

21. MIME360

Year of Acquisition – 2011

This was a Mumbai-based digital media distribution company. MIME is the short-form of Manoramic International Media Exchange. The company has ties with Saregama and Gaana.com and operates in Mumbai, and Delaware, USA. To improve their digital distribution technology platform, Flipkart acquired MIME360.

22. weRead

Year of Acquisition – 2010

weRead Logo

The first startup acquired by Flipkart is weRead.com. It is an online community for all book readers. The platform was available on Facebook, Myspace, Orkut, Hi5, and Bebo. Flipkart wanted to expand its customer base to further improve its customer book reading experience.

Conclusion

The list of startups acquired by Flipkart gives us a clear understanding of how ambitious Flipkart is. They aim to keep growing and compete with their rival Amazon. The group is in the mood to diversify its ecosystem through these various investments in multiple sectors.

The company has grown tremendously in just ten years and continues to evolve every day by expanding its services for its consumers. Besides these acquisitions, Flipkart has made investments in Ninjacart, Aditya Birla Fashion Retail Limited, Shadowfax, and Arvind Fashions.

FAQs

What companies are owned by Flipkart?

Ans commerce, Yaantra, Sastasundar, Cleartrip, Scapic, Mech mocha, Walmart India, Upstream commerce, Liv.AI, F1 info solutions & services, eBay India, Jabong, Phonepe, FX Mart, Appiterate, Adiquity, Myntra, Jeeves, Letsbuy.Com, Chakpak, MIME360, and Weread are owned by Flipkart.

Is Flipkart an MNC company?

Yes, Flipkart is an MNC company founded by Sachin Bansal and Binny Bansal.

What kind of company is Flipkart?

Flipkart is an eCommerce company based in Bangalore.

July 16, 2022

OLX – An Online Classified Marketplace That Transformed Buying & Selling

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by OLX.

The internet is a virtual platform where every industry has got a business concept of its own! Earlier concepts were not as easy as it is today. Anyway, now the normal trade and commerce evolved and came to be known as e-commerce. Webshops are the usual locations to buy and sell commodities online.

OLX is a classified marketplace. Over here connecting with people such as both buyers and sellers are very easy. Finding clients is completely free on this platform and one can use OLX from a phone and laptop respectively. When individuals are buying anything from OLX they exactly do not buy from OLX but do buy from a seller of OLX. Read the OLX Success Story below!

OLX – Company Highlights

Startup Name	OLX
Headquarters	Amsterdam, Noord-Holland, Netherlands
Industry	E-Commerce
Founders	Alec Oxenford and Fabrice Grinda
Founded	2006
Parent Organisation	Prosus
Website	olx.com

OLX – About
OLX – Founders and Team
OLX – Startup Story
OLX – Mission and Vision
OLX – Tagline, Slogan and Logo
OLX – Business Model
OLX – Revenue Model
OLX – Growth
OLX – Online and Social Media Presence
OLX – Competitors
OLX – Future Plans

OLX – About

OLX is a marketplace where both buying and selling of products such as furniture, electronic gadgets, cars, accessories, bikes and household items goes on! It is a space that is currently serving more than 300 million people each passing month.

OLX – Founders and Team

Alec Oxenford and Fabrice Grinda are the Co-founders of OLX.

Alec Oxenford

Alec Oxenford is an entrepreneur! He was the co-founder and the CEO of the company OLX and there he served for a time of around nine long years. Presently he is the co-founder of Alpha Capital Acquisition Company. He completed his MBA from Harvard Business School.

Fabrice Grinda

Fabrice Grinda was the co-founder and the CEO of the company OLX! Presently he is the founding partner of FJ Labs where he has been serving for the past nine years. He fulfilled his education at Princeton University.

OLX – Startup Story

OLX was founded in 2006 by Fabrice Grinda and Alec Oxenford. The founders thought about bringing an online platform into existence with the help of which consumers will be able to sell unwanted commodities at no cost to themselves!

Fabrice took into notice in person that the larger online marketplaces such as eBay and many more had substantial operations all across the advanced marketplaces but did show a bit of attention in establishing a presence in the rising markets mainly across Latin America, Eastern Europe, and South-East Asia.

Fabric and Alec thereafter developed the OLX platform to cater specifically to the consumers in all the rising marketplaces.

OLX – Mission and Vision

The mission and the vision of OLX is to operate an online marketplace, especially for consumer-to-consumer sales, targeting users in the rising marketplaces, providing a safe, credible and efficient procedure for consumers to buy and sell commodities.

OLX – Tagline and Logo

OLX Logo

The new tagline of the brand is, ‘Set Hai.’

OLX – Business Model

The business model of OLX is based to provide a space for the consumers to buy and sell products. According to the reports, there are more than 300 million active users of the renowned space.

Around 65% of the users of OLX are mostly younger male members. The rest are the middle-aged ones who generate traffic to the site. OLX serves more than 45 countries in the world and its largest markets are present in India and Poland.

OLX – Revenue Model

OLX generates its revenue with the help of the growth and system of an online and mobile classified ads space!

OLX major revenue streams are:

Google Adsense, with the Company regulating the traditional display and banner advertisements based on the searches made by each user.
Sponsored and premium listings, where users can stimulate their product listings by paying a little amount fee, or maybe later all the businesses can pay to have their listings occur at the top of the results for particular searches.

OLX does not publish its financial results on its website!

OLX – Growth

OLX has seen incredible growth in the country of India. The website is really simple to drive through and also it focuses especially on mobile and proper advertising. Their different transmission strategy surely ensures total brand appeal across the board.

Olx can be used by anyone and everyone regardless of their social, cultural and geographical significance!

OLX – Online and Social Media Presence

OLX has got its social profiles on Facebook, Instagram, Twitter, and its professional profile on LinkedIn. Apart from traditional marketing, OLX has switched to market its services in the digital space as well. The company is quite a renowned brand and also it has got its name on various web portals.

OLX – Competitors

The top competitors of the company OLX are Quikr, Clickindia, and Sulekha.

Quikr

Quikr is one of the top competitors of OLX. The company was founded in 2008 and is headquartered in Mumbai, Maharashtra, India. Quikr competes in the Online Marketplace Sector.

Clickindia

Clickindia is also one of the top competitors of Quikr. The company was founded in 2007 and is headquartered in Noida, Uttar Pradesh, India. Clickindia competes in the Real Estate Agencies Sector.

Sulekha

Sulekha is perceived as one of the top competitors of OLX. The company was founded in 2006 and is headquartered in Chennai, Tamil Nadu. Sulekha competes in the Business Information Research Sector.

OLX – Future Plans

The plan is to grow the user base, enhance the prevailing categories, grow the new business lines and strengthen the core theme of customer-centricity across the entire OLX goods portfolio! The current brand modification aims to appeal to the global millennials.

FAQs

Who is the founder of OLX?

Alec Oxenford and Fabrice Grinda are the co-founders of OLX.

When was OLX founded?

OLX was founded in 2006 in Amsterdam, The Netherlands.

What is the revenue of OLX?

OLX India’s operating revenue in FY21 was recorded to be INR 228.63 crore.

Who are the top competitors of OLX?

The top competitors of the company OLX are:

Quikr
Clickindia
Sulekha

June 20, 2022

Website vs. Amazon vs. Flipkart: Where Can You Sell Better?

Selling your products online can be the most-effective way to reach out to a wider audience and increase awareness of your brand. Need not to say this can help you boost your sales severalfold.

As per records, 61% of the customers agreed that they made more purchases online during and after the covid-19 pandemic proving that e-commerce is the future of sales.

Still, most vendors hesitate while starting their online sales. The biggest reason to get confused is “which platform to use for selling their products for the greater benefits”.

One option is to create your own e-commerce website that gives you complete control of the sales. Other options are online marketplaces like Amazon and Flipkart which are already being used by millions of customers and are capable of increasing your product visibility.

If you are also about to start your online business but are confused about which platform to choose, we are here with the answers to all your questions.

Let us begin with understanding the basic difference between an online marketplace and an e-commerce website.

“E-commerce is a powerful tool to connect the unconnected to global trade” – Arancha Gonzalez

Selling with Amazon
Selling with Flipkart
Selling With Your Own Website

Difference Between the E-commerce Website and Online Marketplace

Although both online marketplace and e-commerce websites are built with the purpose of selling products, they are quite different from each other. Let us understand the key differences between the two:

Online Marketplace	Ecommerce Website
These are similar to the real-life shopping mall that offers a variety of products from different sellers. Three parties are involved: customer, seller, and website administrator. Example: Amazon, Flipkart, etc.	Here a single seller displays and sells his products. It is similar to a bakery shop selling self-made cakes and bread.
Existing traffic on the website makes it easier to get instant customers	Need to make efforts to attract the target audience
Can be set up quickly, mostly in a day or two. The vendor can immediately start selling after the registration is complete	It takes time to build and manage a website. Reaching your target audience is rather more time-consuming.
Extra costs like plan fees, referral fees, etc. are involved. Moreover, these websites keep a good share of the profit obtained by selling your products for themselves.	Once you have settled the website there are minimal costs involved in maintaining your e-commerce website.

Now, when we know the basic differences between these two platforms, we can move forward to discuss the details of each of them.

Although there are plenty of online marketplaces available, Amazon and Flipkart have cornered the Indian e-commerce ecosystem for a long time, and each of them is a veritable gold mine for you if you know how to use them to their full potential.

Similarly, building your own e-commerce website can also be extremely productive if used correctly. So, if you want to maximize your profit, you’ll have to choose the right platform for selling online.

Each of these online selling platforms has its own set of benefits. Let us understand each of them one by one.

Selling with Amazon

Founded in 1994, Amazon has emerged as the leading e-retailer across the Globe. As per a survey, the net sales of Amazon grew up from US $88.99 billion in 2014 to US $469.81 billion in 2021, which is a growth of more than 400%.

The prime membership of Amazon offers rewards like 2-day delivery, video streaming, music, etc. It is preferred by most of its customers who are quite engaged in shopping.

Amazon hosts a maximum number of vendors on its platform and is known to have the highest reach across the globe.

Amazon Seller Registration

Selling on Amazon requires you to go through a registration process, similar to what you would do for creating an online channel.

Amazon seller registration is a three-step process as mentioned below:

The seller on-board process allows you to decide your product category, create listings, and enter your product details.
On Amazon, you can list your products for free, provided you are willing to give up a certain percentage of your sales in exchange for visibility.
You can also opt to pay a small fee to make your product listing a featured item, which will appear at the top of the search results.

Benefits of selling on Amazon:

Reach

Amazon has a massive user base and a presence in several countries, which means that you will have a huge audience to cater to through your products.

Visibility

Amazon puts a lot of emphasis on product listings, owing to the fact that customers usually browse through products before they decide to buy something. In fact, product listing is one of the most important aspects of selling on Amazon.

Data

Amazon offers a lot of insight about your customer base, which you can use to increase your sales and make better marketing decisions.

Delivery & Returns

Amazon provides the seller with FBA (Fulfillment by Amazon) service. This means that Amazon will take care of your product delivery and customer care. Moreover, when a customer returns your product Amazon will bear the logistics.

Branding

You can use Amazon’s platform to build your brand, leveraging the website’s popularity among customers to attract more buyers.

Selling with Flipkart

As per a survey, Flipkart Private Limited reported revenue amounting to approximately 433 billion Indian rupees in the financial year 2021. Additionally, the e-commerce player had an increase of 25 percent in its revenue, compared to the previous year.

Unlike Amazon, Flipkart is more of a niche player and hosts fewer sellers, but that doesn’t make it any lesser of a great place to sell online.

Flipkart Seller Registration

The seller registration procedure for Flipkart is similar to Amazon, but it can take 1-2 days to get the business up and running with the required paperwork submitted to the company while Amazon takes 24 hours to approve the account. In some cases, the process may get delayed but it gets resolved once you contact seller support.

Benefits of selling on Flipkart

Niche Audience

Flipkart has a niche audience, which means that you get the opportunity to cater to your target customers, making it easier to retain them.

Visibility

Flipkart puts a lot of emphasis on high-quality product listings, which means that you can maximize your visibility on this platform just by providing quality products.

Data

Flipkart offers a lot of data that you can use to make better marketing decisions and improve your sales.

Sales

You can receive payments through Flipkart’s payment gateway, which means that Indian customers and those from neighbouring countries can also shop from your store.

Delivery & Returns

Flipkart handles the cost of delivery or picking returns. They also provide a customer care facility for your product.

Branding

You can use Flipkart’s popularity to build your brand, and get more customers to your store.

Selling With Your Own Website

As per a survey, 52% of the sellers stated that they only sell through their own website, while 42% sell through both their website as well as an e-marketplace, and only 6% stated that they only sell their products through an e-commerce website.

According to another survey, in 2020, the private labels shared more than 50% of repeat purchases under all categories. The largest repeat purchases were recorded in the cosmetics category i.e. around 75%. The other categories such as grocery, wellness, furniture, etc. also showed a hike in repeat purchases.

Creating your website

In comparison to selling on any e-commerce website creating your own website can be a tedious job. You will have to manage a lot of different aspects right from payments, and orders to setting up a full-fledged store.

This might even be cost-intensive and way more difficult than the simple process of registering and selling available on other e-commerce platforms.

Benefits of selling on your website

Store control

You are the owner, you set the rules. So, you do not have to worry about any change in terms, designs, or priorities. You can change your product priority. You can also design your website in accordance with your product to improve customer retention.

No comparative purchase

Online marketplaces offer hundreds of options to buyers in your product category. This might reduce your visibility. On your website, buyers only see your products and are able to appreciate the quality and variety you have on offer.

Amount deduction

Other than sharing a certain percentage of profit with the e-commerce platform you use, there are several charges that you are expected to pay. These may include plan fees, referral fees, etc.

Analytics

Instead of just being dependent on the data provided by the e-commerce platform, you can choose your own analytics. Google Analytics can help you identify your best-selling products, and most visited products, track buyers’ activities, etc.

Brand loyalty

A customer buying your product through an online marketplace platform will recommend that particular website in return for your product quality. However, if the purchase is made directly from your website it becomes a means of oral publicity.

Conclusion

So, which option is better? We say it is completely your call.

In this blog, we have tried to list all the pros and cons of owning an e-commerce website as well as selling through an online marketplace like Amazon or Flipkart.

However, no matter which option you choose for yourself just remember that looking at the current scenario selling products online is not a choice but a necessity. So, if you have decided to sell your products online, you have already made a step towards success.

Looking at which option to choose, with their unparalleled brand recognition Amazon and Flipkart are a great fit for first-timer and casual sellers who do not want to spend much time worrying about customers and related issues.

Also, selling your products here cut down the risk percentage. Amongst these Amazon is arguably the largest e-commerce platform while Flipkart has a loyal customer base, that trusts the site for quality.

At the same time, they may not be suitable for keen sellers owing to a number of hoops like fees and competition. This might also create difficulty for the small businesses to make their presence felt on these platforms.

At such a point, creating your own website can help you make your presence felt, maximize your profit, and increase your brand loyalty.

FAQs

Is it better to sell on your own website?

Yes, selling on your own website is always better than selling on any online marketplace because you don’t have to share the commission with the marketplace but building an audience can be quite a tedious task.

Can I have my own website on Amazon?

No, you cant have your own website on Amazon, you can only sell your products via Amazon.

Do I need an e-commerce platform to sell online?

It is not necessary to have an e-commerce platform to sell online, you can sell through various online marketplaces or through social media.

June 9, 2022

CommerceIQ – Enabling Merchants To Expand Profitably

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by CommerceIQ.

When most of the world’s shopping went online as a result of the pandemic, entrepreneurs providing technology and other solutions to help with the transition began to attract venture capitalists’ attention. CommerceIQ is the latest company to gain late-stage funding, as we’ve seen firms throughout the e-commerce infrastructure and enabling ecosystem to raise larger and larger amounts.

Enterprise Business Platforms are a collection of interconnected application software and/or systems that may be used to develop Enterprise Business Solutions or Apps by combining their capabilities and shared data.
Order processing, customer information management, procurement, energy management, production scheduling, and accounting are among the company operations that enterprise businesses handle. It is usually housed on servers and offers several users simultaneous services across a computer network.

CommerceIQ is a business platform that enables merchants to expand profitably by making data-driven marketing decisions. By combining the fields of machine learning and data science to e-commerce, the firm’s solution automates operations across marketing, sales, and operations, allowing retailers to increase their efficiency through automation and generate sustainability.

CommerceIQ – Company Highlights

Startup Name	CommerceIQ
Legal Name	Boomerang Commerce Inc
Headquarters	Palo Alto, California, United States
Industry	Analytics, Consumer Goods, E-Commerce, Machine Learning, Sales, Software
Founders	Guru Hariharan
Founded	2012
Areas Served	Worldwide
Current CEO	Guru Hariharan
Website	www.commerceiq.ai

About CommerceIQ and How it Works?
CommerceIQ – Industry
CommerceIQ – Name, Logo, and Tagline
CommerceIQ – Founders
CommerceIQ – Startup Story
CommerceIQ – Vision, and Mission
CommerceIQ – Business Model
CommerceIQ – Growth
CommerceIQ – Employees
Commerce – Funding, and Investments
CommerceIQ – Competitors
CommerceIQ – Future Plans

About CommerceIQ and How it Works?

CommerceIQ is a frontrunner in assisting companies in winning through retail e-commerce platforms like Walmart.com, Instacart, and Amazon, which account for 85 percent of all e-commerce. To help organizations discover the key to winning a share of the market profitably, the company’s unified platform integrates machine learning and automation across the supply chain, marketing, and sales processes.

To maximize e-commerce performance, CommerceIQ connects people, processes, and technology platforms. People can now make more decisions, better decisions, and make them faster. An online firm that remains on the top implies more sales volumes, more considerable revenues, and a larger market share.

CommerceIQ – Industry

Enterprise Business Platforms, and Solutions, are utilised to carry out cross-functional organisational duties by combining capabilities that are often provided by several enterprise systems. The following terms are more precise when it comes to defining this industry: Enterprise Business Platforms are a collection of interconnected software applications and/or systems that may be used to develop Enterprise Business Solutions or Apps by combining their capabilities and shared data.

Due to the increased prevalence of cloud applications in diverse modern enterprises and the rising use of customer relationship management and enterprise resource planning in over 70% of companies, the global enterprise platform market is predicted to develop significantly.

Many small and medium-sized firms’ increased investments in cloud software due to increased scalability, robustness, and return on investments have fueled market development, fueled demand for applications and software such as ERP and CRM across multiple organizations.

Increased automation in various end-use sectors is also critical for market expansion. Cloud-based corporate apps like Panama are gaining much traction in the market, indicating that consumers are becoming more interested in automated business procedures.

CommerceIQ – Name, Logo, and Tagline

CommerceIQ tagline says, “Unlock profitable e-commerce growth”

Company Logo of CommerceIQ

CommerceIQ – Founders

Guru Hariharan founded CommerceIQ in 2012.

Guru Hariharan

Guru is an experienced IT and marketing executive with over fifteen years of e-commerce expertise. Guru spent more than five years with Amazon developing out automatic procurement and supply chain before starting the firm in 2012. He also became a 3P seller’s AI-based selling coach.

CommerceIQ – Startup Story

The company’s founder, Hariharan, has a history in machine learning and e-commerce, and while at Amazon, he stated that the objective was to eliminate humans from the retailing equation, thus his team created software called Amazon Selling Coach to teach people how to connect with businesses.

Hariharan wanted to establish a firm that would power where all of that money was going as individuals began to migrate their purchases, from equipment to toothbrushes, to Amazon and other platforms.

He left Amazon to establish his own firm, focusing on the sale side of the equation for brands to sell and the purchase side’s interaction with retailers. CommerceIQ’s retail e-commerce management tools automate and consolidate areas such as retail media management, category analytics, operations, and sales for companies underneath one umbrella. According to Hariharan, customers should expect an average sales increase of 18 per cent.

More than 2,200 companies, including Bayer, Johnson & Johnson, Kimberly-Clark, and Kellogg’s are now collaborating with this Bay Area-based startup to manage incremental sales, unit profitability, and category market share through online retailers such as Amazon, Target, Instacart, and Walmart,

CommerceIQ – Vision, and Mission

CommerceIQ’s mission statement says, “to empower brands to move from analogue to algorithms.”

CommerceIQ – Business Model

Essentially, the company sells tools that allow retailers to take action on e-commerce platforms before an item runs out of supply. It also aids firms in streamlining their supply chains and taking the necessary procedures in the event that a product is not displayed on the e-commerce platform’s homepage.

There are four main product categories for this SaaS company. Offerings for firms to be more visible on e-commerce search sites, as well as tools to manage advertisements and optimise promotions with the least amount of human intervention, are among them. Large firms may also use CommerceIQ to simplify their supply chains by forecasting their needs and requirements and allocating resources accordingly.

In addition, the company provides a professional services model. The company provides advisory services to ‘clients that are trailing behind in the e-commerce market and want to catch up.’

The business is built on an annual subscription model with valuation-based charging.

CommerceIQ – Growth

In 2021, CommerceIQ, an algorithmic platform for e-commerce channels, had a 267 percent growth in revenue and a 77 percent increase in personnel year over year.

CommerceIQ, which uses machine learning, analytics, and automation systems to enhance e-commerce channels across distribution chain, advertising, and sales operations, is strengthening its tech governance in India with new hires in application, design and development, data science and analytics, support, and product operations.

“From a business growth standpoint, it’s been phenomenal,” said Guru Hariharan, CEO, CommerceIQ. “It was blistering growth in the US. E-commerce penetration of retail was about 16% when we went into the pandemic. When we got out of the pandemic, it was 20% in the US. And it was similar across the world. There was a massive jump in e-commerce penetration of total retail.”

According to Hariharan, the firm has had a 267 per cent increase in revenue yet, with a 300 per cent increase in 202. He went on to say that although CommerceIQ has dominated IQ in the US, it has won with EQ in India, particularly during the second wave of the pandemic, when a lot of their professionals in India were affected.

CommerceIQ – Employees

COO – Piyush Lumba
CEO & Founder – Guru Hariharan
VP Sales – Tim Wilson
VP Finance – Adrian Seet
Sr. Product Manager – Rajath Raman
Senior Account Executive – Cory Lund

Commerce – Funding, and Investments

Date	Round	Amount	Lead Investors
Mar 21, 2022	Series D	$115M	SoftBank Vision Fund
Jun 22, 2021	Series C	$60M	Insight Partners
Jan 14, 2016	Series B	$12M	Shasta Ventures
Jul 16, 2014	Series A	$8.5M	Madrona Venture Group, Trinity Ventures

CommerceIQ – Competitors

CommerceIQ’s top competitors include A2X, Webgility, Helium10, Jungle Scout, Perpetua, ChannelAdvisor. Wholesale Suite, and DataHawk.

CommerceIQ – Future Plans

CommerceIQ, a retail e-commerce management software, has received $115 million in Series D financing from SoftBank Vision Fund 2. With this, the SaaS startup’s overall valuation has risen to more than $1 billion, putting it in the coveted unicorn category.

Existing institutional investors such as Insight Partners, Trinity Ventures, Shasta Ventures, and Madrona Venture Group also participated in the round.

CommerceIQ will utilise the resources to finance its global operations and expedite the development of its ‘unified Retail Ecommerce Management Platform.’ It also intends to grow its services in India, and as a result, its algorithmic components have been adjusted to adapt to buyers’ behaviour not only on Amazon but also on local e-tailers like Flipkart.

The Bengaluru office now employs over 150 workers, with ambitions to roughly treble that number by CY22. The money will also be used to hire more people in a variety of areas, including data science, software development, customer service, analytics, and product operations.

Hariharan said that the company had a strong presence in the United States and Canada and that it was planning to expand to Europe shortly. Furthermore, the firm intends to use the funds to accelerate its organic expansion and form new collaborations along the road.

CommerceIQ – FAQs

What does CommerceIQ do?

CommerceIQ is a business platform that enables merchants to expand profitably by making data-driven marketing decisions.

Who founded CommerceIQ?

Guru Hariharan founded CommerceIQ in 2012.

How does CommerceIQ make money?

The company provides a professional services model. The business is built on an annual subscription model with valuation-based charging.

Which companies do CommerceIQ compete with?

CommerceIQ’s top competitors include A2X, Webgility, Helium10, Jungle Scout, Perpetua, ChannelAdvisor. Wholesale Suite, and DataHawk.

March 29, 2022

Top 5 Best E-commerce Development Companies in India 2022
‌‌‌‌E-commerce platforms have created a new market. It is not just a different method of purchasing products, it has become an essential part of every business. Everyone is looking to get connected with digital platforms and to have a digital store. This allows for better options and better services than the traditional methods.

But to create a digital platform or e-commerce service is the main task. It is a true headache, to begin with, the making process of an e-commerce platform by yourself. The best option for this is to hire some professionals for better work. E-commerce development service is now a well-developed field. There are many better options out there ready to outsource and start the work process.

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1. Alakmalak
2. SynapseIndia
3. Angular Minds
4. Infinijith apps and technologies.
5. TechMagnate

Top Five Indian E-commerce Developing Service Providers are:

1. Alakmalak

Alakmalak Website

Alakmalak company was founded in 2006 by Kapil Khambholja. Alakmalak is a Gujarat-based technology company giving out multiple services in the same field. Alakmalak has been in the business for a good amount of time and with the passing time, they have only evolved as the best team.

The mission of Alakmalak is to provide small and medium e-commerce businesses with the facility of having their website, mobile application, and web application as per their need with the least cost. They work to provide a good platform to business owners so that they can grab the attention of their targeted audience. With this step, the dreams can then be turned into reality.

The prices given by Alakmalak to their customers depend upon three conditions. They either provide a single rate for the complete package depending upon the requirements. They can also provide an eligible person as a part of the team for required work. Or they can charge based on hourly patterns depending on the requirement of work.

Some of the services provided by Alakmalak are:
- Website development
- Logo designing
- Application development
- SEO services
2. SynapseIndia

SynapseIndia Website

SynapseIndia is one of the top-level e-commerce development companies founded by Shamit Khemka in 2000. It is a UP-based company known to provide end-to-end solutions.

SynapseIndia has its vision set as to be a world-class web development company with full trust and respect from its clients to provide IT-related facilities. They work together to provide their clients with a good IT platform so that they can use the platform for innovation and earning profits.

SynapseIndia is also known to provide flexible payment plans to support the customer’s growth. The payment plans given by them are hourly development plan, fixed-cost development plan, man-month development plan.

Some of the services provided by SynapseIndia is:
- Website development
- Mobile App development
- E-commerce solutions
- Cloud solutions
- Software development
3. Angular Minds

Angular Minds Website

Angular Minds was founded in the year 2011 by Sagar Mahajan. It is a Maharashtra-based software company. Angular Minds is known to provide end-to-end software-based solutions to its customers.

The main aim of the team is to work towards understanding the client’s needs and then align themselves with the client’s needs. They work as a client-driven platform keeping the needs of clients as their top priority.

The mission is to provide the best available and innovative facility to the customers so that they can easily connect with their audience for a better future.

They are known to provide three types of payable services depending upon the client’s requirements. The fixed-time engagement model allows the clients to get one fixed amount as their fees after negotiating with all the requirements.

The next option is a dedicated team engagement model, it allows the customers the leverage of having their dedicated team working with them for their own needs only. The last option is the hourly billing engagement model, it works on an hourly basis and needs to be calculated in the same way.

Some of the services provided by Angular Minds is:
- Mobile app development
- Web development
- AWS cloud services
- E-commerce development
Is Outsourcing Software Developers a better choice?

Outsourcing brings many advantages to SaaS development. The offshore SaaS development process is now smoother than ever with qualified product developers.

StartupTalkyRishabh Rathi

4. Infinijith apps and technologies

Infinijith Website

Infinijith is a full-stack web application development company started in the year 2014 by Karunamoorthy Karuppanan. Infinijith technology is an Indian company set up in Tamilnadu. They are known to provide custom-based web development projects within the promised time with full dedication and commitment.

The vision of Injinith is to work together as a team for the benefit of customers’ required services. They use cutting-edge technology for innovation and modernizing enterprise digital applications as their mission.

Infinijith provide the best customer services in different ways such as a dedicated project manager, global support, annual maintenance plans, etc. They also provide different payment plans for different services such as single vendor platform code, multi-vendor platform code, and customized solutions.

Some of the services provided by Infinijith are:
- Full-stack Development
- Mobile app development
- Software testing
- E-commerce solutions
5. TechMagnate

TechMagnate Website

TechMagnate is an IT company providing multiple services on a single platform. It was founded in the year 2006 by Sarvesh Bagla in New Delhi. TechMagnate is an award-winning company best known for its search engine optimization techniques and social media marketing.

TechMagnate is a leading digital marketing company with the mission to provide the best customer growth by the use of digital excellence. The vision seen by the team of TechMagnate is to deliver transformational growth by the means of digital excellence for almost 200 customers by the time limit of 2024.

TechMagnate is known to have several package plans available for their customers depending on the needed facility. They can offer complete customizable plans and also some specific services depending upon the requirements of the clients and their needs.

Some of the services provided by TechMagnate is:
- Social media marketing
- Digital marketing
- Website development
- Content management system
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Conclusion

E-commerce development is an essential part of business planning. It is very important and needed to have a well-planned e-commerce platform. It can be in the form of websites or a mobile application depending on the customer’s demand. To have them prepared by a professional is the best option to go with. There are multiple companies offering e-commerce development services in India.

FAQ

Which e-commerce platform is best in India?

Amazon India, Flipkart, Alibaba, and Myntra are some of the best e-commerce platforms in India.

Who is an e-commerce developer?

An e-commerce developer works within an e-commerce platform to develop solutions to grow the business.

How much does an e-commerce website cost in India?

The charge for creating a website is nearly Rs. 3000 to Rs. 7000 for a small or medium-sized website.
February 7, 2022
The Rise of C2C Industry- A Marketplace Worth Exploring

Today the whole world works over the internet. No industry can work without internet services. People cannot complete their day’s function without using their smartphones.

This increased dependency on smart devices and internet services has led to the growth of e-commerce. Be it buying, selling, or even window shopping, all a person do is pick up their smart devices and use the internet for them.

The massive rise of the e-commerce industry led to the idea of the C2C industry. The C2C industry enables consumers to buy and sell goods with each other. They use third-party e-commerce platforms to help this process.

The Rise of E-Commerce
The Concept of C2C Industry
How Do C2C works?
What are the Types of Customer-to-Customer Businesses?
Platforms supporting C2C Industry
Growth of C2C- A Great Marketplace for Entrepreneurs
The Disadvantages of C2C Industry
FAQs

The Rise of E-Commerce

Commerce is the trading of goods and services. When we add an ‘e’ to commerce, it becomes electronic commerce. This means trading goods, services, or information over the internet.

In the early days, e-commerce platforms did not gain much trust among consumers. People use to doubt the quality they might receive. But in no time, this industry started to flourish. People began to trust these platforms more and more with time.

Now, the pandemic has made e-commerce need of the hour. No matter what the need is. Be it clothes, groceries, cooked food, electronics, at-home services, there is an e-commerce platform for all. You name it and e-commerce has it.

E-commerce has made the process of buying and selling easy. Apart from ease, it has made the global market approachable. Indeed, e-commerce has made a huge space for itself in the global economy.

The Concept of C2C Industry

C2C stands for Consumer to Consumer or Customer to Customer. C2C is the concept that came into existence with the popularity of e-commerce. It is a category of e-commerce. This allows the consumers to trade with each other.

Earlier the trading of goods and services only involved the B2C model. In this model, consumers buy the goods and services from the businesses themselves.

Now, with rising e-commerce, the C2C model is gaining popularity. In this model, there is a platform where the consumers can sell goods and services to one another.

The C2C model is beneficial for both buyers as well as sellers. The buyers can find a variety of goods and services easily and the sellers can sell and earn from it.

How Do C2C works?

The main idea of C2C is to connect the buyers and sellers on a platform. These platforms are the third parties that act as mediators between the two parties.

These platforms enable the sellers to post their goods and services online and make them available for purchase. In this process, the third parties charge a commission for the products sold.

Users have to sign up on online platforms that allow C2C services. Different platforms have different terms and conditions for it. In this way, the users can buy or sell through online portals.

What are the Types of Customer-to-Customer Businesses?

The following are the types of C2C business:

E-commerce platforms

E-commerce sites provide a large platform for various goods and services. These platforms allow consumers to set up their stores online.

Those who want to have their own C2C business can sign up on these sites and start selling. This enables them to find a large audience for their products or services.

Online Auctions

Online auctions enable the customers to bid on the things that other customers are selling. An online auction requires third-party sites for its process. The users have to sign up or get a membership to take part in the process.

In online auctions, one sells rare items like antiques, jewellery, precious stones, etc.

Social Media Platforms

This is one of the most popular platforms for a C2C business nowadays. People spend a lot of time on their social media handles. This influences their choices accordingly.

Due to this, social media sites have now introduced features for online stores. A consumer can sell new or even old items to other consumers.

Facebook Marketplace

One can make use of social media marketing to promote their products and services. Hashtags, influencer marketing, sponsored ads can be of great help.

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Platforms supporting C2C Industry

Various e-commerce platforms support the C2C industry. These are:

Etsy

Etsy Homepage

Etsy is a C2C site. It allows a person to set up their website where they can market and sell their products. It also has an app named ‘Sell on Etsy’. This helps you to keep track of orders, transactions, and also customer queries. Etsy focuses on handmade goods, craft supplies, and vintage products.

eBay

eBay Homepage

eBay supports both B2C and C2C sales. Along with basic selling practice, it also offers an online auction facility. One can put up a vintage or precious item for bidding. The other consumers can place their bids on it. The item gets sold to the highest bidder.

Amazon

Amazon Homepage

Amazon is the biggest online retail platform in the world. It facilitates both the business-to-consumer and customer-to-customer industries.

It acts as a third party between the buyers and sellers. It markets the products to the customers and also enables the users to sell on the platform. For this, Amazon gets a commission from the sellers for using its website.

Some other platforms include Flipkart, Craigslist, Facebook Marketplace, etc.

Growth of C2C- A Great Marketplace for Entrepreneurs

The rise of e-commerce technology gave birth to the C2C industry. The C2C industry saw massive growth and popularity during the pandemic. During the pandemic, the most popular C2C categories included, fashion, family items, handcrafted goods.

The C2C e-commerce market is growing faster than ever. More people are now interested in the C2C market. This increasing interest has encouraged various startups to facilitate the industry.

With such a great amount of growth, the industry has become super competitive. But there is always a scope for specific niche opportunities in the market.

C2C industry has grown a lot and has even more growth potential. The world is shifting from offline to online. Here, the C2C industry is sure to rise more in the coming years. Be it buying, selling, investing, this industry is beneficial for all.

The Disadvantages of C2C Industry

C2C industry is full of benefits. But like a coin, even it has two sides. The C2C platforms can have scams. There is a possibility of online frauds, identity threats, or a lack of guaranteed payments. The C2C sites do not have any power over quality control as they are only mediators.

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Conclusion

C2C industry is a fast-growing industry. It has made the process of buying and selling super easy. Consumer-to-Consumer is a lucrative marketplace. It is a market that is worth exploring by every entrepreneur around the world.

The beginning of a C2C business can be quite difficult. But with time, proper planning, and tools, it can be successful in no time.

FAQs

What is C2C business examples?

Some of the examples of C2C businesses are Amazon, Alibaba, eBay, and Facebook Marketplace.

How to start a C2C business?

Choose a platform to sell your products, build your network, use advertising and marketing strategies to grow your business.

What is the C2C business model?

Customer to customer (C2C) or Consumer to Consumer is a business model where customers can trade with each other on online platforms.

December 28, 2021

Tag: best ecommerce platforms

Top 8 Best Platforms to Sell Gifts This Valentine’s Day 2025

Etsy

Benefits of Selling on Etsy

Amazon Handmade

Benefits of Selling in Amazon Handmade

Craftsvilla

Benefits of Selling in Craftsvilla

iCraft

Benefits of Selling in iCraft

AuthIndia

Benefits of Selling in AuthIndia

The India Craft House

Benefits of Selling in The India Craft House

Facebook Marketplace

Benefits of Selling in Facebook Marketplace

Pepperfry

Benefits of Selling in Pepperfry

Conclusion

FAQs

What sells most on Valentine’s Day?

How can I sell Valentine’s products?

What should you dropship on Valentine’s Day?

How to sell gift items online?

Which are the best gifting platforms in India?

How to start gift shop business?

Best No Code Development Platforms for Ecommerce Online Stores

What is a No-Code E-commerce Development Platform?

BigCommerce

Features Offered by BigCommerce

Pros:

Cons:

Pricing for BigCommerce

Shopify

Features Offered by Shopify

Pros:

Cons:

Pricing for Shopify

SquareSpace

Features Offered by SquareSpace

Pros:

Cons:

Pricing for SquareSpace

Wix

Features Offered by Wix

Pros:

Cons:

Pricing for Wix

Weebly

Features Offered by Weebly

Pros:

Cons:

Pricing for Weebly

Swell

Features Offered by Swell

Pros:

Cons:

Pricing for Swell

Limitations of No Code E-commerce Platforms

Conclusion

FAQs

How do you make a platform without code?

How do I make an eCommerce app?

What are no code low code platforms?

Will low code replace developers?

What is a no-code backend?

Are no-code eCommerce platforms suitable for large businesses?

What are some popular no-code eCommerce platforms?

Are no-code eCommerce platforms expensive?

Can I integrate my existing website with a no-code eCommerce platform?

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Login to Your Shopify Account

Add Relevant Products

Personalize the Look of Your Shopify Store

Decide the Shipping Method

Set up the Taxes

Register Your Domain