commerce. It is a network which enables local commerce across segments over digital or electronic commerce. Segments includes mobility grocery food order and delivery, hotel booking and travel. ONDC will help micro small and medium enterprise and small traders to get online platforms. How will ONDC change the landscape of Digital Commerce? ONDC will potentially curb the dominance of e-commerce marketplace giants.
It will give sellers better access to
information on geographic demand.
They will have higher visibility across
platforms for prospective buyers across the country.
Dynamic pricing, inventory management
and optimism help reduce the cost of doing business for everybody. What is the blueprint for launch and adoption of ONDC? Aim to end the duoploy of e-commerce giants like Flipkart and Amazon in India.
ONDC is the next disruption that digital
commerce will see after UPI.
It will boosts small online retailers by
ushering in inclusivity, discoverability and synergy.
Platform would allow sellers to reach a
larger audience online. What is the blueprint for launch and adoption of ONDC?
The commerce and industry ministry launch the
pilot phase of open network for digital commerce.
It has launched in five cities — Delhi NCR,
Bengaluru, Bhopal, Shillong and Coimbatore on April 29 2022.