Powered by: Motilal Oswal
7/03/2021 1:40:57 PM | Source: IANS
'Local shops on Amazon' gets over 50K retailers onboard
News By Tags | #3024 #612
'Local shops on Amazon' gets over 50K retailers onboard

E-commerce major Amazon's programme to get onboard small retailers and neighborhood stores, 'Local shops on Amazon', has expanded its network to over 50,000 retailers, said a company statement.

The statement said that the total number of sellers on the program have doubled in the last four months and it has expanded to over 450 cities across India.

"Launched in April 2020, the Local Shops on Amazon program played a key role in helping sellers across the country sustain and grow their business amidst the unprecedented pandemic," it said.

As per the e-commerce major, the programme helps supplement the existing footfalls at their stores with a digital presence on Amazon.in and expands their reach beyond the normal catchment.

Manish Tiwary, Vice President, Amazon India said: "What started as a pilot, has now become a pan-India phenomenon enabling local businesses to come online and benefit from technology adoption and ecommerce."

He said that the encouraging response to the 'Local Shops on Amazon' programme reflects in the rapid scale up of the program to more 50,000 sellers in less than one year of launch.

"It underlines how digital enablement and digital inclusion can help themscale and contribute to a digital economy," Tiwary added.
 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here