ONDC - The Next Big Ecommerce Revolution?

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ONDC - The Next Big Ecommerce Revolution? | Real Experience

Рет қаралды 103,042

Күн бұрын

Is ONDC (Open Network for Digital Commerce) the next big revolution in E-Commerce segment or just a hype? Can ONDC take on Amazon, Flipkart, Zomato, Swiggy, Ola, Uber, Blinkit, Zepto, Bigbasket, 1mg, Netmeds, Nykaa, Myntra…all at once? Will ONDC be as big a revolution as UPI?
In this video, we will discuss what ONDC is, how it operates and we will draw a comparison of the benefits and challenges that come along this revolutionary initiative by Indian Government.
ONDC explained in detail. (Hindi)
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About the Video
Open Network for Digital Commerce (ONDC) is a non-profit private company that provides a network platform to democratise e-commerce in India. It is considered as an engine of growth and it is expected to redefine the E-commerce sector entirely.
ONDC has become widely popular due to its highly competitive prices in food delivery, challenging the dominance of established players like Swiggy and Zomato. Many users flocked the platform to avail the products at such cheap prices. However, it comes with its own sets of challenges. Sellers on ONDC platform are able to sell products at such low prices because there’s no intermediary in between to take commission as it is backed by the government. But how efficient is it going to be in the long run?
As some regard it as a revolutionary step, others consider it a mere buzz. In order to decide this, one must be aware of how it functions, what advantages come with this and how it creates challenges in the traditional e-commerce world.
In this video, we’ll cover the following concepts:
1. What is ONDC and how does it work?
2. Which companies are using ONDC in India?
3. Is ONDC public or private?
4. ONDC: Disrupter or enabler of the digital ecosystem?
5. ONDC vs Swiggy
6. ONDC vs Zomato
7. Why food is cheaper on ONDC?
8. How ONDC makes money?
9. What are the advantages of ONDC?
10. What challenges faced by ONDC?
11. How will ONDC survive?
12. User Experience of ONDC
Will people switch from smooth & trustworthy apps like Amazon, Flipkart, Zomato, Swiggy, Ola, Uber, Blinkit, Zepto, Bigbasket, 1mg, Netmeds, Nykaa, Myntra to newer and clunky ONDC options on Paytm, Pincode, Mystore etc.? Let’s find out.
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Connect with Us:
INSTAGRAM - / assetyogi
TWITTER - / assetyogi
FACEBOOK - / assetyogi
LINKEDIN - / mukulm
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Website
assetyogi.com
#ONDC #Ecommerce #Deliveryapps
Tags
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Пікірлер: 138

@AssetYogi 2 ай бұрын

Join All-In-One Video Finance App here: vidfin.com/ Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

@deepakkumar-rg1qh 11 ай бұрын

सर आपने बहुत अच्छा समझाया मुझे पता है आपने इस ONDC को समझाने के लिए कितनी मेहनत करी होगी क्योंकि ONDC क्या है यह youtube से समझना काफी मुश्किल है

@varun.bakshi Жыл бұрын

• Budget reforms that have efficient asset allocation may help in its sustainability. • Inviting UI/UX developers through campaigns could be an option. • Incentives to key players choosing big brands may change their minds eventually leading to engagement.

@DTUSEM Жыл бұрын

ONDC had should come up as a supporting platform for small sellers like helping them in logistics and payments.

@RohitSharma-jg8ym 4 ай бұрын

I feel ONDC can be a game changer in the areas where the penetration is very poor. ZOmato and Swiggy have limited options in smaller cities and don't exist in most, and that way, they have a lot of potential to begin with.

@linsonkurian Жыл бұрын

Good review - there are some KZfaqrs praisng ONDC like a big game Changer as a propaganda you have done a good pros and cons and mentioned where need improvement.

@prashanthojiyani4876 Жыл бұрын

Thanks for Providing a different Prospective on ONDC ❤ Appreciate your Work

@biplabnayakhaldia Жыл бұрын

I am an Amazon seller, They are taking 10 to 30% commission. Their service 1) Easy product cataloging 2) Inbuilt courier service 3) Refund for wrong product received from customer return. 4) Timely payment 5) Easy GST Accounting 6) Easy Customer Care service 7) Loan for business 8) Search engine ranking of product. 9) Product ranking according to customer rating and AI, Good product with reasonable price and availability will always ranks in long run. 10) Free cost and easy Brand Building of small manufacturer product. 11) No server downtime 12)Customer satisfaction. ONDC will survive if it give all such facilities at 5 to 20% commission.

@devdutta8405 Жыл бұрын

Not possible. So many moving parts. Bringing it all together under different heads is very very hard.

@poeticanjuman Жыл бұрын

@@devdutta8405 Exactly, There are 4/5 players involved in a single transaction and even if they charge 3% comission each, that would turn out to be 12-15% commission each order and a retailer hardly makes that purch of profit from a order.

@maitresukrit Жыл бұрын

Your content and explanation is just best, keep it up brother

@user-qm3yr5bf9u 6 ай бұрын

Yha koi presentation chl rhi h bhai.seedha ondc k bare mein apne vicahr rkho na.iska selection krwane wale ho kya tum.yha koi drama chal rha h jo inki praise kr rhe .topic pr bat kro

@iXpress 2 ай бұрын

ONDC is Seller driven project, which aims to pass the benefits to the buyer. It is in the early stage & services will improve in coming years.

@satyajeet709 Жыл бұрын

Upi ke bare me bhi aase hi pehle khayalat the aap jaise logo ke

@I_agree_with_you Жыл бұрын

Your analysis is EXCELLENT ❤

@heypritam Жыл бұрын

Very informative video sir thank you ♥️

@anonymoussunny7127 Жыл бұрын

we ordered some items, some items were missing, there is no such thing like customer care.

@user-qm3yr5bf9u 6 ай бұрын

Okk fir to nhi use krte

@shyamjimishra8954 Жыл бұрын

Love u sir from Singapore Mughe initial hand holding ki jrurut hi invest krne me please help me 🙏🏻 kya aap initial hand holding ka charge bi krte hi?

@rajeevmaurya6715 Жыл бұрын

ITR filing ka video for FY 2022-2023 kab aayega?

@AmandeepSingh-wd6tn Жыл бұрын

Mukal sir please make video AI what effect on job ??? Please do this for our knowledge

@kunalchaudhari3784 Жыл бұрын

Mukul Sir k videos ka wait rehta he best👍

@Meena-bb1fb 5 ай бұрын

Your review is good. As you said there is a monopoly where the big players suppress small brands and sellers. This is a good initiative from the government and we should support it. Only then will the Indian economy grow and it will give opportunities to small players and brands.

@Unformatedmind Жыл бұрын

Sabse important point customer satisfaction, and complaint handling. Woh kaun karega

@devdutta8405 Жыл бұрын

Bhagwan bharose 😀

@SumeetSinghal5688 Жыл бұрын

8:22 same about experience, installed it’s app, reviewed and deleted….maybe in future it will get better

@devdutta8405 Жыл бұрын

It won't. It will shut down one day.

@Worldfaimly Жыл бұрын

Govt want monoploy or duopoly like in telecom or aviation 😢😢

@pawanscano 7 ай бұрын

मेरा भी मानना कुछ ऐसा ही हैं। क्योंकि सरकार में यदि स्वदेशी को बढ़ाने की सोच ही होती तो आज सबसे पहली और बड़ी एस्टेब्लिश्ड सरकारी कंपनी बीएसएनएल की ये हालत नहीं होती।

@apoorvgupta2511 Жыл бұрын

miss your old videos topics, they were unique. I think there is content saturation in finance education.

@HeisenMannj Жыл бұрын

Impossible for ONDC to compete against existing companies. Unless legislators enact an Act or an amend an existing act to redefine what constitutes monopoly and tax those companies at a much higher rate , its impossible for any kind of change.

@user-dg4nq7bu6v 9 ай бұрын

Well that's also not possible otherwise it will be like closing India's economy again , since foreign pockets have invested money in this at foreign investment will be lower in upcoming years , what can be done is keep the name in background and wait for gaint players to seek profit ,as ideas are not to solve the problems but to earn money

@aryavartmahan8471 10 ай бұрын

Ondc can help small business who are paying high margin to Amazon/flipkart. Trust will be build as time passes. Unknowns Local will be benefited. Market is very big and huge

@AssetYogi 10 ай бұрын

Yes, let's hope for the best

@sanjoy079 Жыл бұрын

ONDC will be evolved.

@kumarnaik289 Жыл бұрын

very informative video thank you sir❤❤

@AIExplainer6789 Жыл бұрын

Good initiative...

@akhileshjaiswal7284 Жыл бұрын

Good info and ever better presentation

@shyamnbarai Жыл бұрын

Sir, please make video regularly

@chandanarora2983 Жыл бұрын

Nice initiative but it can be helpful in pandemic situations or else the challenge you have mentioned than it will be a tough journey for ONDC

@vinoddubeydubey9058 Жыл бұрын

Nice info sir,ecomerce industrial will Growing more

@gajananbari5211 Жыл бұрын

Sir your so great thanks to upgrade our social 🎉

@kashyappatel2640 Жыл бұрын

Sir make video on OCEN Platform.💁‍♂️

@satendragupta604 Жыл бұрын

Great 👍

@bhaveshmahajan7160 Жыл бұрын

Ur 100% right sir !

@ajayraval5130 10 ай бұрын

Nice analysis by you sir .

@RAM_JAN22 Жыл бұрын

ONDC will succeed... But it will take time I am dam sute that ondc will take feedback from people like you and works on continuous improvement...

@HeisenMannj Жыл бұрын

@Ashwin1403 Жыл бұрын

Hi, what is the probability of india stock markets behaving like japenese stock market in the future...there has been no return in Nikkie in last 20- 25 years

@gautamdotcom2 Жыл бұрын

Have been tracking ONDC, but no much difference in the prices on ONDC platforms as a buyer & as u mentioned UX sucks.

@jaydatbhatt7892 Жыл бұрын

very informative...thanks

@devchintu Жыл бұрын

There is nothing wrong in monopoly etc etc..unless customer service n experience is hampered.

@HeisenMannj Жыл бұрын

not from sellers side

@ajaywankhede7711 Жыл бұрын

ONDC prima facie seems very chaotic...let's see if it works.

@bohemiansoul584 Жыл бұрын

Govt sector ka privatisation kar do....... Aur private sector ka centralisation kar do.😁😁😁

@RegistrationProcess Жыл бұрын

That's great explanation

@arijitsaha7791 Жыл бұрын

Sir swiggy aur zomato use karo. I am happy with ONDC

@ajayjuyal5610 Жыл бұрын

Your video is informative

@thakkarnamrata3088 Жыл бұрын

Thank you sir

@medicinegyan7964 Жыл бұрын

Thanks 👍

@ashishmeena516 5 ай бұрын

good video bro

@belwalkarmangesh6779 Жыл бұрын

I think it is very early to judge ONDC !

@SufalB Жыл бұрын

Sir please make a detailed technical video on OCEN, open credit enablement network.

@NY99IN 7 ай бұрын

This app is best for drop shipping

@meenakshimalik2252 Жыл бұрын

Good

@majjikishore8689 Жыл бұрын

Informative

@AssetYogi Жыл бұрын

Thankyou

@kkmuthu5642 Жыл бұрын

Upload the English subtitles please.

@johndungdung3749 Жыл бұрын

Nice 🎉

@manishpatil4016 Жыл бұрын

Good sir

@docsparrow22 Жыл бұрын

Sir ek video threra gamma Vega option pr bhi bnao dp please

@daksh_thapan Жыл бұрын

Good video

@gauravgoswami3965 Жыл бұрын

Government owned enterprises sustainability is much more than private owned enterprises because government printed the money.

@raisahmad5459 Жыл бұрын

Delivery share same day buy and sell kr sakte hai

@vjmotivation2349 Жыл бұрын

Nice 👍

@arifhossain_424 Жыл бұрын

near customer 1st visibility are you chaked.

@gajanankhatawate3399 Жыл бұрын

Sir आपने खूब रिसर्च करके यह वीडियो बनाई है। आपके सब विचारों और सुझावों से मैं सहमत हु। आपके सभी वीडियो का मुझे बड़ी बेसबरी से इंतजार रहता है। हमेशा हमे नई नई जानकारी मिलती है। यह सब बहुत ही दिलचस्प हैं।🎉 ❤🙏

@SushilSingh-dp8ox Жыл бұрын

Hum kaise apne aap ko ONDC pr register karein. Please information de. Sushil

@user-ck8fr6dn4x Жыл бұрын

Sir,NPS per ek latest video banaye ga.

@MarotiChapale15 Жыл бұрын

Dear मुकूल सर, आप पर्सनल फायनान्स पर बहुत अच्छी- अच्छी व्हिडिओ बनाते है ।तो एक ऐसे टॉपिक पर व्हिडिओ बनाये की प्रॉपर्टी की सही कीमत कैसे निकाले?

@manishkumar-hg9ce Жыл бұрын

Sir ideaforge technology IPO k baare m bataoo

@umang4204 Жыл бұрын

Sir TCS liya h 3250.. could you pls guide.. should I retain or sell as it is now 3177.. pls tell

@user-nm4st4ly4w 9 ай бұрын

kya ondc ka complaint & Service centre center Consumer Court hai

@kaushleshyadav5852 Жыл бұрын

Sir any video regarding bitcoin trading plz

@gauravgarg1926 Жыл бұрын

Mukul Sir is there any way I can connect with you ?

@MarotiChapale15 Жыл бұрын

Dear मुकूल सर, आपके लेटेस्ट व्हिडिओ के अपडेट व्हाट्स ॲप पे कैसे मिल सकते है ?

@devdutta8405 Жыл бұрын

ONDC is bound to fail. Retailing is a tough business with many moving parts and low profit margins. Amazon, Flipkart with so much control and higher commissions are hardly profitable.

@RahulSingh-wg9jl Жыл бұрын

प्लॉट का दाखिल खारिज कैसे कराएं प्लॉट 20 साल पहले लिया था अब बेच रहा हूं मगर खरीदार दाखिल खारिज मांगता है कृपया मार्गदर्शन करें?????

@pinakinpadshala8596 Жыл бұрын

9:33 Please Don't Give Wrong Information O.N.D.C कोई भी Discount नही देता. आपको जो Deep Discount मीला होगा वो Application की तरफ से होता है...🤗

@mannookumarnayak8187 Жыл бұрын

10 likes kar nahi sakta isiliye 1 hi like kiya

@mohanayare 8 ай бұрын

Mukul, u must understand that u r an influencer, not just a commentator! ONDC is brought into picture by govt backed agency to help small sellers & benefit general public & is still in nascent phase. U r comparing it with giants who are capable of tweaking govt policies for their profit. Ur VDO completely ignores motive of ONDC driving people away from it

@naivrindia Жыл бұрын

ABHI TO BAHUT KAAM KARNA HAIN INHE, INTEGRATION WITH SHOPIFY STORE IS TOO BAD.

@janardhanpv8990 Жыл бұрын

Ondc is worst now and charging more than other apps. Also zero customer service support I had missing item complaint which is open from 1 month and I know this will never be resolved

@biswajitpadhy7691 Жыл бұрын

Simple concept.....app market me ayega to rating badhega......kya yaar...

@anandsingh-tk9yh 10 ай бұрын

only smoke

@finallytech. Жыл бұрын

Amazon ko beat karna bahut muskil hai fir bhi

@HeisenMannj Жыл бұрын

"beat" ke baare mein bhool jao, yah kareeb bhee nahin aaega

@starlight4650 Жыл бұрын

Gov hai.. Lunch time chal raha hai Baad me aanna..

@I_agree_with_you Жыл бұрын

This Demonitisation of ecommerce

@kunalghosh96 Жыл бұрын

NO DEBATE . How many people are using BHIM ?

@sayeretmatkaal Жыл бұрын

205 Million Android & 5 million Apple users downloaded BHIM app

@OwaisKhan-ss2hx Жыл бұрын

Aree kehna kya chahte ho???

@Mukeshpatel-gi5kg Жыл бұрын

Sir please make a dedicated video for tata technology IPO?

@1979arijitpaul Жыл бұрын

Who owns ONDC?

@HeisenMannj Жыл бұрын

Government of India

@sbanj Жыл бұрын

Vaise Zomato par mujhe zero trust hai..

@anubhavdiwan Жыл бұрын

Confusion sellers and buyers......🥴🤔

@rajkar7372 Жыл бұрын

Too much ad can't watch anything

@I_agree_with_you Жыл бұрын

Khichadi will create chaos 😂

@maheshsaboo2485 9 ай бұрын

If ONDC having this much problem than buyers will Defenetly stik at present services like Amazon,flipcart,and so on..

@ghanshyam_analyze Жыл бұрын

facebook will win this battle

@mallikarjunmali7530 Жыл бұрын

कहना क्याचाहते हो

@spsingh2277 Жыл бұрын

Amazon type apps se na lo

@mohdanassheikh2096 Жыл бұрын

Watch at 0.75 X speed if u cudnt understand

@insane9467 Жыл бұрын

दिमाग की कमी है क्या जो समझ नही आ रहा?

@satyajeet709 Жыл бұрын

@@mohdanassheikh2096 sabhi sarkari initiative ko sadak chap gali kyu dete hai ,shayad tum Pakistani ho

@mohdanassheikh2096 Жыл бұрын

@@satyajeet709 lehan k bodhe bhagg ja .. read my comment first and then comment

@I_agree_with_you Жыл бұрын

With this current government and Amabani and Adani...it will be flop show

@apurbaadhyapok3154 Жыл бұрын

Pl donot repeat same thing over &over.