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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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#ONDC #Ecommerce #Deliveryapps
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