Digital payment firm Paytm on announced a Rs 100 crore loyalty programme for grocery stores to cover losses faced by merchants from transaction charges. Businesses are now required to pay 1 per cent MDR (merchant discount rate) for transferring payment received on Paytm wallet to their bank account.
Following the coronavirus pandemic, several industries have raised stability concerns and automobile is one of them. Before this, the sector was already struggling with the declining demand as car manufacturers were aligning their stocks in the light of the new BS-VI regime. But the outbreak has only heightened the disruption.
Adopting Digital Practices: How SMEs can succeed by taking their businesses online in the post-COVID world
SMEs have remained a critical part of India’s growth engine and their role will be extremely crucial in the post-COVID-world. However, the bigger question now is: how will they survive the pandemic?
The world is facing a crisis that is predicted to grow bigger in the coming months. India as a country has taken a brave, powerful decision to be in complete lockdown for 3 weeks. With the majority of businesses in a lurch, there is no surprise that the e-commerce sector is facing tough challenges during this period.
Amidst the COVID 19 pandemic, cities and states are increasingly taking preventive measures to control the outbreak by closing schools, malls and advising work from home for offices limiting social contact.
The global procurement analytics market size was valued at USD 5.0 Billion in 2018 and is expected to reach USD 9.2 Billion by the year 2026, at a CAGR of 7.6%.
The rise of e-commerce is a paradigm shift that’s benefited practically every party on the retail spectrum. Sellers of all stripes – from individuals and home-grown businesses to multinational corporations – have been quick to take advantage of the flexibility and ease of operations online storefronts offer. E-commerce businesses the world over have boomed by providing an easily accessible platform to sellers, leading to the rise of global giants such as Amazon and eBay.
India’s leading cinema chain PVR Cinemas has announced the launch of its premium cinema viewing experience ‘PVR Sapphire’ at Pacific Group’s D21 Mall located at Dwarka, New Delhi. It would have 6 screens out of which 4 screens would be under the premium category and 2 would be normal screens and is built over an area of […]
Given the fast pace of technological advances and the social media universe, new parameters for remarkable customer experience are being set by industry experts. Brands and customer experiences are evolving the relations between buyers and sellers of most products and services. Presently they are impacting how retail real estate is developed, planned and rented well to accommodate, adjust, and adapt with what's to come. Conventional models are never enough to suffice as their supply chains are excessively moderate, they are more disengaged with the customized customer experience and they don't welcome new-age customers’ preferences, from style to sustainability.