As the new year approaches, we would like to give you a detailed insight into some of the most important trends in B2B e-commerce in India for 2021. Tech Tuesday is a weekly feature where we share the latest news, insights and insights from our business to business experts. In this post, I share my thoughts on reopening your business, what to expect from your B3B and e-commerce business, and how to prepare for your future.
We are # We have compiled a list of the most important trends in B2B e-commerce in India 2021 to spark new ideas, overcome hurdles and prepare you to win and sustain a successful e-commerce business in the years ahead. Armed with the latest trends, insights and insights to prepare for change in the year ahead and take your e-commerce business to new heights in 2020 and beyond.
While B2B tech startups are making a tangible advance in India, it is great to read today of a CXO that it has been a challenging year for the economy, to say the least. This is fueled by technological innovation, which drives India’s economy’s growth. CB Insights has named Skupos one of India’s top ten most promising technology companies, with a focus on customer experience, customer engagement and customer service.
The study found that 43% of “Indian unicorns” are B2B tech startups, and about 44% of startups are referred to as “B2C” tech companies. B 2B company, which is the second largest segment of the Indian tech startup market after B1B companies.
Overall, 18% of all start-ups in India are advanced technology startups, and 24% of the shares are held by B2Bs in this pool. About 24 B2B startups are active in the market and are driving the adoption of advanced technology in Indian companies. Indian B 2B technology start-up that makes a lot of money – needed infrastructure support to achieve business growth.
We focus on helping startups and innovative teams learn, grow and scale in today’s evolving technological ecosystem. Here at Spreckley, we are certainly looking forward to learning more about the growing B2B tech scene in India in the months and years to come.
We welcome you to share your thoughts on the B2B tech scene in India and the future of innovation in the industry. TBD under brand (@ OnBrand) is a must – attend the tech conference for startups and innovators from around the world.
Walmart Global Tech India opened in 2008 with just a handful of employees and now employs more than 1,000 people across the country to create a smart future where online shopping and in-store shopping are linked. Walmart global technology partners in India are developing and applying cutting edge technology to make Walmart the preferred shopping destination around the world.
On 14,300 square meters Ft. LG has set up a B2B Innovation Gallery in the building, which will be the largest LG Innovation Center in the world in India and one of the largest of its kind in the country. Located on the ground floor of LG’s headquarters in New Delhi, India’s second largest city with more than 1.5 million inhabitants, it is a hub for offering its customers and partners technological innovation, combining a variety of products and solutions to create a holistic experience. The Innovation Gallery also features LG innovations that have helped LG become one of the most renowned brands in India, such as the LG G5 and LG V30, as well as other LG products.
Although AI and machine learning have captured the imagination of B2B marketers for years, 2020 will be the year they capture marketers “imagination, as few B2B companies use AI. In fact, research by Salesforce has found that B1B marketers are most likely to adopt this technology in 2020. The adoption of cloud-based technologies such as artificial intelligence (AI) is seen as emerging but huge.
The 21st century has seen unprecedented technological innovation in just two decades, and the next decade will usher in an era of personalization in B2B marketing, providing a deeply committed and attentive service to all stakeholders. Business-to-business trade will continue to undergo major change in 2021, as companies use the latest technologies to find new customers, improve supply chain efficiency, and provide their customers with a more personalized user experience. As more companies spend on digital B1B trading technologies, they will develop progressive Web Apps (PWA) that behave like mobile apps, creating a new level of customer loyalty and retention.
B Marketing will see more meaningful conversations conducted to seamlessly bridge the gap between an organization and its customers. B2B e-commerce companies that continue to innovate in times of crisis and anticipate customer change, habits and requirements will build stronger relationships.
Meanwhile, established banks and other financial institutions will scrutinize the technological innovations that startups bring to the table. We have not lost sight of the fact that 88% of respondents try to strengthen fintech partnerships by including innovations that are emerging on this front.