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Business APAC Marvellous E-Commerce Solution Providers of 2020
Business APAC Marvellous E-Commerce Solution Providers of 2020
C
urrently, Asia-Pacific is leading the global e-commerce market, outnumbering all the other
continents. There has been tremendous growth, and the forecasted figures tell that the
market will grow upto 25% or USD 2.271 trillion—which is representing a massive 64.3%
of global e-commerce spending.
Now, the market is witnessing the growth at such a high pace, it is evident that the competition too
shall rise. Digitalization is currently in high demand, and some of the companies are making the
most of these opportunities. Following the outbreak of COVID-19, several companies witnessed a
temporary halt or are strangling to operate. The COVID-19 impact is severe and unimaginable
under normal circumstances. Consequently, this pandemic has brought significant changes in
people's lifestyles and these changes are anticipated to be long-term. The “new normal” is
demanding an upgraded economic model.
E-commerce was steadily gaining momentum even before the pandemic but now the COVID-19
outbreak has surged the demand for their services. Keeping up with this trend, the team of Business
APAC has curated the new magazine issue featuring, “The Business APAC Marvellous E-
Commerce Solution Providers of 2020”. Here we will provide the readers with the insights and
tactics of how these companies tackled the challenges.
On our cover of the magazine, we have featured PaymentAsia. Established in 1999, Payment Asia
has the experience of participating in the transformation of an old business model to the new
commerce era. The company has not bogged down as they very well know what it takes to come
out of these situations. Also, we have featured marvelous market leaders —Veniteck, Huptech
Web, and Public Media Solutions, who have exceptionally embarked upon these challenges and
turned the odds in their favor.
Furthermore, don't forget to read the engrossing articles in the section 'E-commerce in COVID-19'
and 'Enhancing online business' respectively. Also, to get updated with the latest industry
highlights do visit our website and subscribe to our newsletter.
Vidya Joshi
Editorial Coordinator
Publisher : Archana Ghule
Editor-in-Chief : Vikram Suryawanshi
BUSINESS APAC
C-206, Wisteriaa Fortune, Wakad, Pimpri-Chinchwad, Maharashtra- 411057
+1 (213) 814-2941 info@businessapac.com www.businessapac.com
Business APAC Magazine is published by Pericles Ventures Pvt Ltd. Reproduction or use of this publication in any manner
without any permission of the publisher is prohibited. The team of Business APAC Magazine has made every port to ensure the
accuracy of the content. The publisher assumes no responsibility of any part of the content of any advertisement in this
publication, including anyerrors and omissions therein. All rights are reserved by Pericles Ventures Pvt Ltd.
22 ENHANCING ONLINE BUSINESS
HOW TO LEVERAGE E-COMMERCE
STRATEGIES TO DRIVE ONLINE BUSINESS?
E-COMMERCE IN COVID-19
CONSUMERS AMPLIFYING E-COMMERCE
BUSINESS DURING COVID-19
30
CONTENTS
Huptech
Web 20
Public
Media
Solution
12 26
ARTICLES
Veniteck
Solutions
30
E-COMMERCE SOLUTION PROVIDERS
COVER
STORY
13
E-COMMERCE SOLUTION PROVIDERS
14
thinking and always
promotes new ideas. Along
with teamwork and
creativity, dedication and
humbleness are the two
pillars on which the
company has served over
the years. Payment Asia is
not just a service provider;
it is a life-time business
partner for its clients.
15
E-COMMERCE SOLUTION PROVIDERS
‘
Being a
renowned and
reliable
ecommerce
payment
solution provider
for merchants,
we offer scalable
and tailor-made
ecommerce
payment
solutions with Over the years, we have helped multiple shopping malls
short settlement ‘ to develop loyalty payment program in order to create
period and a seamless O2O environment for both merchants
and their clients!
competitive
rates.
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‘ Payment Asia is an expert in
providing comprehensive
ecommerce payment
solutions to various kinds
of enterprises, assisting ‘
merchants to catch the
wave of technological
development.
17
E-COMMERCE SOLUTION PROVIDERS
Empowering Businesses
with the Power of Internet
O
ver the years, digitization has solutions that increase the visibility of market and was aptly qualified in
made the world go online and client's products all over the globe. The website development and designing
businesses are no exception. company provides e-commerce web using core PHP.
Online business is the need of today development and designing services
and the e-commerce industry is and e-commerce digital marketing While working as a developer, he
complementing this need thoroughly. services. The e-commerce digital noticed that web stores were becoming
The e-commerce industry has hit the marketing services include SEO, social more important. He also noticed that
ground running over the past few years media management & advertising, the e-commerce industry was booming
and is expected to continue on its email marketing, influencer/affiliate and was always on the lookout for
merry way in the future as well. The marketing, SEM, content marketing, creative and dynamic
advantages of e-commerce such as cost and PPC. Moreover, it also provides e- individuals—people who were capable
reduction, ease of operation, quick commerce custom web development of applying their inherent skill-set to
sales, 24×7 service have fueled the services. the next level. He also realized that one
growth of the online business market. can learn a lot from the process and
Furthermore, the emergence of e- Apart from the e-commerce solutions, work in the industry and can quickly
commerce as a forerunner has opened Huptech also provides WordPress come up with an implementable
up several opportunities for a variety of development in which it offers business strategy. After applying the
online companies and investors. As a WordPress services such as WordPress strategy, one can get actionable results
result, numerous e-commerce solution plugin development, WordPress theme within no time. This is what he liked
providers have emerged over the years. development, WordPress speed the most about the e-commerce
optimization, WordPress virtual industry and induced him to choose
Established in 2016, Huptech Web is assistance, etc. Furthermore, the this industry. Huptech Web has gone
one of the fastest-growing e-commerce company offers hiring services such as strength to strength since its inception
solution providers in India. The Shopify Developer, WordPress and the director has been instrumental
company provides versatile and Developer, WooCommerce Developer, in the company's growth.
feasible e-commerce solutions that are and Laravel Developer. These solutions
essential for businesses to go online. have helped Huptech to gain more than Encouraging Entrepreneurs and
The company has more than 100 50 million of clientele revenue. their Business
satisfied clients and a 76% repeat ratio.
Furthermore, with industry-specific Thoroughly Professional and Huptech Web was established with a
strategies, impeccable e-commerce Ambitious Entrepreneur vision of empowering entrepreneurs
website design, creative content, and and their businesses with the power of
digital marketing expertise, Huptech Rishi Thakker, the Founder and the internet. To achieve the vision, the
Web is taking giant strides in e- Director of Huptech Web, has been company emphasizes on giving the
commerce development and digital leading from the front since the individual best with full zest,
marketing sector. establishment of the company. He was delivering more than what businesses
always interested in technology and expect, hitting the bull's eye in the first
Versatile and Feasible e-Commerce thus pursued a bachelor's degree in go, and many more things.
Solutions computer science from RK University. Furthermore, Huptech works with a
He started his career as a PHP and mission to put a mark on the world
Huptech provides feasible e-commerce Shopify programmer in the B2C with impeccable projects and provable
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up-to-date with the advancements. Rishi, the
Director of Huptech carries this responsibility. Every
week, he goes through online resources to become
aware of the latest trends in e-commerce.
Furthermore, he participates in forums on social
media and is always active in the industry. He
believes online communities can be extremely
helpful to stay up-to-date with the advancements.
21
ENHANCING ONLINE BUSINESS
How to Leverage
E-commerce
Strategies
to Drive Online
Business?
O
nline store. Online payments. Mobile commerce. people to buy things that don't interest them when it could
All of these play a crucial role in an e-commerce have been better used elsewhere.
business. E-commerce is a buzzword that is here
to stay and won't be going anywhere anytime soon. It's So, what makes a good plan? Before the days of global
everywhere. From gas stations that accept mobile payments positioning systems (GPS) in cars and on mobile devices,
to fast food restaurants that allow consumers to order online people used good old-fashioned maps or an atlas to help
and have their food delivered. Due to technological guide them to their destinations. The same way that they
advances in the areas of e-commerce, Internet connection would use a map or GPS for a trip, their e-commerce
speeds, Internet security, social media, and mobile app strategies would be their map. They will guide to an end
development along with increased mobile device usage and goal so that they can be successful. Along the way, they
faster shipping options, consumers have more shopping might venture off course, but they can always review their
options than ever before. Statista estimated $4.8 Trillion strategies and make the necessary corrections to get back on
global e-commerce sales by 2021, almost a trillion dollars track. The good thing about their approach is that strategies
more than 2020. This revolutionary shift has attracted not only meet their current needs, but they also anticipate
small-to big-sized businesses with opportunities to learn and grow with their future needs. This is called scalability.
technical expertise. But as the old saying goes, “If you fail
to plan, you plan to fail.” E-commerce strategies are vital Creating E-commerce Strategies
for starting an online store to make Field of Dream real.
E-commerce is not for the faint of heart. To be successful, it
Why Create E-commerce Strategies? will involve a lot of research along with hard work. Look at
success stories such as Amazon.com, there is nothing wrong
There are currently 2 Billion global digital buyers. Of with having that positive vision, but a dreamer must realize
course, what matters isn't where the numbers are but where that everyone wants to become the next Amazon. Just like
they are going. When deciding to implement an e- Amazon didn't become a success overnight, neither will
commerce strategy, planning is crucial. It allows people to anyone. Competition in the e-commerce market space is
take an eagle-eye view of their company and its products fierce. Success comes at a cost. Everyone has to pay their
and services to determine the best way to present and sell dues through trial and error, sweat, and tears until one
them to the target audience. It also helps determine whether perfects his/her strategy. Even though today's e-commerce
their products or services would be a good fit to sell online. solutions such as Shopify and PayPal make it easier than
Even though technology gives them the ability to create ever to set up online stores, that's only one piece of the
online stores to sell anything to anyone doesn't necessarily puzzle. It will still take time to see success.
mean that they should. Some things don't sell well online. Many businesses want to sell products or services online
As a result, money and time are wasted trying to entice but haven't thoroughly planned their strategy. This is like
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should be considered early in the planning phase so that they
can be properly planned and implemented. By having these
security strategies readily available, online store owners can
be more proactive rather than reactive when a security breach
occurs.
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E-COMMERCE SOLUTION PROVIDERS
Public Media
Solution
Bolstering the Sellers in the
e-Commerce Industry
T he e-commerce industry has
emerged as a force to reckon
over the past few years.
Increasing digitization,
industrialization, and constantly
and remote assistance support to sellers
through its services and manages their
online business on various platforms.
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Solution follows several trade journals and industry
magazines to stay familiar with new and upcoming
advancements. Thus it always keeps up with what's
going on and what is expected to happen in the
future.
27
E-COMMERCE SOLUTION PROVIDERS
Veniteck Solutions
Transforming Vision into
Reality
O
ver the years, rapid accomplishing client requisites. The While working there, Ranjith's interest
industrialization and company operates with a team of digital in IT increased immensely. He started to
digitization have changed the professional developers that offers learn how it all flourished and then
world drastically. The world has been solutions to every e-commerce hitch decided to start and have his own
brought close by the constantly and helps sell products online company. It was a challenge initially,
evolving technology. However, effortlessly. but he gathered strength and courage to
evolving technology has also imposed a face the challenges rather than getting
challenge in front of the businesses as Moreover, Veniteck emphasizes on bogged down. He had his goals and
the customer needs are continuously client satisfaction more than anything accomplishments etched in his brain
changing. Especially in this tech-savvy else. The company implements the most and to complement that, he recruited the
world, customers are looking for versatile framework and assures most skilled and knowledgeable
solutions that are less time consuming businesses of an increase in revenues, members for the team, who have been
and more affordable. This is where e- integration of multiple payment instrumental in the company's prowess
commerce came into prominence. The platforms, customized iOS and android over the years.
e-commerce industry has been one of apps, data security, global reach and
the fastest-growing industries over the higher conversion rates. Apart from The Objective behind the Inception
last decade because of its numerous these web solutions, Veniteck also
advantages. As the e-commerce industry offers Software Solutions, Mobile Apps, As aforementioned, Veniteck Solutions
is gaining ground, various e-commerce IoT Services, Digital Marketing and is a client-centered company which
solution providers have emerged over Cybersecurity Services, and Business always emphasizes on client
the past few years. Analysis. satisfaction. The mission of the
company is to nurture passionate
Incepted in 2009, Veniteck Solutions A Passionate and Tech-savvy innovators, create the best work
has been helping businesses develop the Entrepreneur environment, focus on clients' needs
most efficient e-commerce websites. Its and transform their vision into reality.
fully-equipped team excels in the latest Ranjith Chandravalsan, the Founder Veniteck aims to achieve the mission
web artistic design and technological and Director of Veniteck Solutions, has through its skills and expertise for an
advances. The company provides top- been leading the way for the company. enhanced, quick, and rewarding
class responsive web design to its He is an experienced professional with solution that will have an enduring
diverse clients on extensive platforms in demonstrated history of working in impact.
order to meet their requirements every Information Technology and Services
single time. Industry for about 20 years. He was Furthermore, the company strives to
always passionate about technology and grow into a global concern, professed
Bespoke Web e-Commerce Solutions its advancements and after graduating and valued as proficient, partner with
as an engineer, he did certificate courses clients to help build a resilient, agile,
Presently, every businessman aspires for in IT. He got his first break in an IT contemporary trend with inventive
a successful and robust online business. company in Bengaluru. Furthermore, he technologies and maximize their
Veniteck Solutions helps businesses got opportunities to explore the world corporate dreams. This was the vision
achieve this by offering bespoke web e- and work with some IT companies in of the Veniteck at the time of
commerce solutions and partnering with Australia. establishment and the company still
clients to aid in creating and remains true to its vision.
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the scenario. The teams are also working in
conjunction to make it handy to tackle the
circumstances and plan for the near future.
31
E-COMMERCE IN COVID-19
Consumers Amplifying
E-Commerce
Business
During Covid-19
32
spend more time shopping in e-Commerce is as follows: Most Taping Categories That Generate The Most
Interest
According to data, men have increased their time spent
shopping online the most i.e., 55% of men versus 50% of The worldwide growth of the e-Commerce business
women in the age group of 25 to 34 years. On the other during COVID-19 has clear differences between the
hand, the only age range in which women outperform different types of categories of interest.
men in terms of time spent most in online shopping is the
one that goes from 55 to 64 years (33% women, 30% Globally, the food sector has most online growth, with an
men). increase of 33%, followed by household products (29%),
personal hygiene (27%), and fashion (19%).
COVID-19 has influenced e-Commerce worldwide, and
as a fact, 41% of US internet users are spending more Categories such as leisure products (17%), beauty
time shopping online. However, there are glaring products (15%), the purchase of chocolate (9.9%), and
differences between the different countries of the world. home and garden products (9.7%) have also seen
increased sales during this pandemic.
In China, 67% of internet users during these last three
months have spent more of their time making online The sale of alcoholic beverages, purchase of furniture,
purchases, followed by Singapore (46%), USA (41%), gifts have also added around 8% more sales.
Brazil (39%), and UK (37 %). The average increase in Surprisingly, the reservation of vacation services has
the rest of the countries is around 25%. increased by 3.6% in recent weeks.
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E-COMMERCE IN COVID-19
SHOPPERS
78%, followed by the media (56%) and
telecom (29%).
30%
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