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BUSINESS APAC MARVELLOUS E-COMMERCE SOLUTION PROVIDERS OF 2020

AUGUST 2020 EDITION

Providing The Most Secure One Stop


E-payment Solutions

CONSUMERS AMPLIFYING E-COMMERCE HOW TO LEVERAGE E-COMMERCE


BUSINESS DURING COVID-19 STRATEGIES TO DRIVE ONLINE BUSINESS?
Pg.22 Pg.32
Your Needs...
Our Analysis
Proposal, Design, Development, Testing & Delivery
Helming the E-commerce Market!

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

Editorial Coordinator : Shubham Biradar


Vidya Joshi
Rakesh Mahto
Utkarsh Deshpande

Art Director : Vinod Alhat


Graphic Designers: Onkar Mhaske
Sushant Kamble

Head of Distribution & Production: Aakash Mahajan

Web Development & Maintenance : Vishal More

Project Manager : Shivani Gupta

Business Analysts : Maria Smith

Advertising : Jacob Eddy

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

PROVIDING THE MOST SECURE


ONE STOP E-PAYMENT
SOLUTIONS
12
D igitization has changed the world drastically
over the years. Increasing consumer demand
and the changing market scenario is leading to
significant technological advances. In the last few
decades, due to the widespread of internet-based banking
there are very few electronic payment service providers
in Asia that are secure and have a global reach.

Established in 1999, Payment Asia is one of the leading


e-payment technology and e-Commerce management
and shopping, one system has grown rapidly, i.e. the companies in Asia specializing in offering the most
electronic payment system. Generally, it refers to secure and innovative technology for online and mobile
carrying out transactions through an electronic medium payment solutions to domestic as well as global
without the use of checks or cash. Due to the benefits businesses. The company plays a vital role, leading
like complete payment flexibility, lower operational Asian merchants to go global while bringing
costs, secure payments, faster and easier service, it has international merchants to Asia through its services.
gained ground within a very short period of time.
Presently, there are numerous payment systems and
payment processing devices around the world; however,

13
E-COMMERCE SOLUTION PROVIDERS

‘ With our experience and expertise


in the e-business world, Payment
Asia is your best choice for one-
stop e-commerce and digital
payment solutions.

Comprehensive and Reliable e-Payment Solutions

Payment Asia is committed to providing innovative online


payment technology and e-payment solutions. A wide
range of strategies and solutions developed cater to small
and medium enterprises (SMEs) as well as to These awards are
multinational corporations across Asia. The services testimony of the
provided by the company span from Omnichannel top service quality
Payment Solutions, Mobile Payment Solutions, Payment that Payment Asia
Gateway, down to technical and customer service support. gives to their
These services use payment processing methods such as merchants.
credit card, debit card, e-wallet, and China Union Pay.

Over the past decade, Payment Asia has transformed its


business by comprising digital marketing, e-commerce lead to generating data analytics, to create loyalty and
consulting and e-logistics businesses. Furthermore, the tailored re-targeting of the audience. In this way, the
company is also integrating Artificial Intelligence company manages to maximize the merchant's business
technology into its services to ensure its clients can stay potential and provides digital advantages to the
ahead of the competitive business market. With rapid merchant.
development and concerted efforts of its experienced
consultants, the company has served more than 5000 Creative and Out-of-the-Box-Approach
domestic and foreign merchants and it continues to
exceed client's demands. The world is changing at a rapid pace and every day new
startups are intensifying the existing rigorous
Magnifying the Merchant's Business Potential competition in the market. To survive in this competition
and stand out from its competitors, Payment Asia
E-commerce has become a part of almost everyone's daily emphasizes on client satisfaction. The company listens
life. Thus, Payment Asia aims to maximize the e- to merchants to fulfill their requirements and achieve
commerce experience and further enhance such growth hand-in-hand with them. Payment Asia has its
experience in the strategies it offers. Collaborating closely own digital/data-driven marketing team that works
with its merchants, the vision and roadmap of the closely with the merchants and helps them in their sales
company is to successfully help these merchants adapt to and marketing along with the payment processing.
business changes through their online/offline business
ecosystem. Initially, Payment Asia generates traffic The company believes in teamwork and maintains
through online social media and through client strong team spirit within the company as well as with the
engagement modules. It is then converted into sales by its merchants as it considers merchants as a part of its team.
payment gateway. Such sales and payment transactions The company encourages creative and out-of-the-box

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.

Transitions due to the


COVID-19 Pandemic

The rigorous outbreak of


the COVID-19 pandemic
has turned the market
upside down. Businesses
around the world are under
the pump due to decreased
production, sales and
reduced demands. Most
people are experiencing
massive changes in their
daily lives. The company is
constantly adapting in these

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.

uncertain times and knows what it


takes – from strategies to
implementations – to come out of
these situations, stronger than before.
However, Payment Asia is no
stranger to such a situation. About 17
years ago, the outbreak of the SARS
affected the citizens of Hong Kong
and having established in 1999,
Payment Asia has the experience of
participating in the transformation of
an old business model to the new
commerce era. Now, the history
repeats itself. The company has not
bogged down as they very well know
what it takes to come out of these
situations.

16
‘ 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.

Crisis creates Opportunities model of developer hegemony


confronts a big challenge.
Impacts of the COVID-19 pandemic
are severe and unimaginable under Payment Asia is thoroughly prepared
the normal circumstances. The to combat the confronting situation.
pandemic has brought significant It will assist different industries and
changes in people's lifestyles and businesses to speed up their digital
these changes are expected to be transformation process. Furthermore,
long-lasting. The public are grappling the company will support its
with new ways of living and merchants by offering them the one-
working, and it is expected that after stop solutions to leverage Data,
the pandemic, a “new normal” may Digital, Payment, and AI technology
mean demand for some parts of the into their businesses in order to
Payment Asia provides industry such as the 'shop fronts' or emerge stronger and stand taller in
creative and cosy 'physical services' is expected to this critical situation.
environment to reduce heavily. Thus, the economic
its employees.

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

20
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.

Challenges and Opportunities Posed by the


COVID-19 Pandemic

The outbreak of the COVID-19 pandemic has


impacted the industries in several ways. Its impacts
are fluctuating based on the type of industry. In the
case of the e-commerce industry, the COVID-19
outbreak is expected to boost the growth. As
customers will switch towards web stores to avoid
public places, the e-commerce businesses will
prosper. However, these opportunities come along
Rishi Thakker, Founder & Director with several challenges such as supply chain issues,
consistency in delivery, the pressure of deadlines,
and change in shopping behavior. Huptech Web is
results. Timebound, quality, integrity, and security are the company's
ready to tackle these challenges with its innovative
founding pillars and are valuable in achieving the mission.
solutions in the near future.
Excelling the Competition
“Huptech is a result of a
Every growing business confronts numerous challenges. Likewise,
some factors such as the increasing competition and price war that young achiever's vision to
affect the growth of Huptech. However, there are several factors blur the lines between
which are keeping the company ahead in the competition. These
factors are affordable prices, network reliability, data security, up-to-
technology and business
date technology, strategies, and Huptech's agile model. Thus, using the World Wide
Huptech manages to survive and excel in the rigorous competition. Web.”
Keeping the Clients Happy
Expansions and Developments in Future
Client satisfaction is essential for a business to stay in the
competition. Huptech Web knows this and keeps client satisfaction at
In the near future, Huptech Web will be emphasizing
the heart of its strategies. The company tries to understand the clients'
on steadily helping startups, well-known brands, and
'big picture,' by knowing how it fits into the client's overall goals in
others to become successful. The company will be
order to help the client succeed. Furthermore, Huptech provides
experiencing more expansion and development in
honest and transparent services. The solutions are proactive,
the future. It will introduce several new services
innovative, and cost-effective. Deadlines are precisely followed and a
such as 'Mobile App Development' and 'e-Commerce
scalable support system is created for the clients. Huptech always
App Development'. Huptech's services will deliver
aims to excel at what it does and it reflects in 91% client retention
custom experiences across Web Platforms, iOS,
which has contributed immensely to the company's success.
Android, and Cross Platforms. The company aims to
Modifying with the e-Commerce Advancements
become the world's largest web development and
Rapid digitization is fueling the emergence of several technological
marketing company serving all aspects of the
advancements. Thus for a company to survive, it is necessary to stay
business world.

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

22
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.

Testing and Marketing an Online Store

Typically, testing is the last phase of a project that is done


before an online store is launched. Testing helps companies
feel confident that consumers will have a positive shopping
experience. It does not mean that customers will not
experience any errors because customers might follow a
shopping path that was not initially tested. Testing allows
companies an opportunity to correct any errors before
customers discover them as well as ensure that the store
works as designed and expected. Here, some crucial
strategies are needed that not only work but are also flexible
building a house without a blueprint. Who does that? Even enough to address unanticipated areas of concern, such as
though one might make a home, he/she doesn't know if it product image, product description, SSL implementation,
was built correctly or how long it will remain standing. The payment methods, etc.
same principle applies while creating an online store. By
understanding the purpose of starting an online store, it will Once an online store is launched, many store owners think
keep one focused on his/her end goal and not just profits. they can take it easy and wait for orders to come in because
Not to say that gains are not essential, but to keep them the hard work has been done. Not yet! If the marketing has
consistently flowing, one must be diligent. not taken place before the store launches, how will the target
audience know the store exists? They will not. Marketing is
Creating and Securing an Online Store the key to notifying the world that any type of store exists.
It's rare but a well-planned marketing strategy can be a
Now it's time for the rubber to hit the road and begin common practice after an online store launches. In
creating an online store. Most people are ready to dive right marketing, one of the most basic concepts is the 4P's of
in and start adding products or services, but the Marketing: product, price, promotion, and place. Considering
organization is key for long-term growth and success. the online store's promotion (marketing), it is better to start
Depending on the number of products a company plans to asking the five W's and H questions concerning promotion:
sell, it is always a good idea to start off by creating
categories followed by other tools. For example, Product or Ÿ Who will be in charge of the promotion campaigns?
Service Categories. Whether shopping in-store or online, Ÿ What promotion techniques or methods will be used?
many consumers do not want to aimlessly search for what Ÿ When will promotions begin?
they want or need. They are impatient and in a hurry. Upon Ÿ Where will the promotions take place?
arriving at a brick and mortar or online store, many already Ÿ Why is promotion important?
know what they need to purchase but just need to locate it Ÿ How will the promotion take place?
and pay for it.
Once an online store launches, the work does not necessarily
Besides adding descriptive categories with an attractive e- end. It actually begins because the online store must be
commerce theme, securing the online store is crucial to maintained whenever it's needed. Its success and failure
provide customers a welcoming experience. Consumers depend on the amount of maintenance applied to help the
want to feel assured that a business has implemented the store meet its short-term and long-term goals. By following
necessary security measures to protect and secure their these e-commerce strategies, an online store can operate
personal and financial information from hackers and are efficiently and provide a good customer shopping
constantly reviewing and updating them. Security strategies experience.

23
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.

One-Stop Business Solutions


provides digital marketing and SEO
services such as Local SEO, Enterprise
SEO, On Page SEO, Off Page SEO,
SMO Services, and content writing
services. These solutions help the
increased use of the internet has fueled customers stay competitive in this
the growth of the e-commerce industry. Public Media Solution provides ever-growing market.
Moreover, advantages of e-commerce services to those sellers who have the
like faster buying/selling procedure, potential to reach the next level, but A Visionary and Focused Leader
low operational cost, more customer due to lack of knowledge, they aren't
reach, faster response, etc. are also doing well. The company helps sellers The CEO of a company plays the most
contributing towards its dominance. onboard on global marketplaces and important role in any company's
covers all the business formalities such growth. Being the Founder and CEO
The number of customers opting for e- as website development, legal of Public Media Solution, Ravinder
commerce to buy their products is documentation, product photoshoot, Bharti is successfully leading the
increasing day by day and so is the content writing, and listing. It uses company towards undisputed success.
number of sellers selling their innovative and creative ideas to match He is using his 10 years of experience
products. However, due to rigorous every bit of seller's requirement and in marketing to the benefit of the
competition, the sellers face numerous challenges encompassing sales, company. After completing his
challenges such as finding the right products listing, orders management, graduation, he joined a multinational
products to sell, attracting the perfect customer support response, company. Being a Computer Science
customer, generating targeted traffics, procurement, reconciliation, automated Engineer, he was always curious about
etc. Thus the sellers are looking for tools, digital marketing, and technology. One day, while he was
solution providers that would help promotions. reading an article by Bloomberg on
them onboard on global marketplaces. booming the e-commerce industry, it
Apart from these e-commerce excited him and he wanted to be a part
Incepted in 2018, Public Media solutions, Public Media Solution also of it. As a result, he started freelancing
Solution provides a complete end to helps companies in their public and got placed as a freelancer in the
end virtual 'Launch and Support relations with solutions such as startup company of cake and flower
Services' to sellers on all marketplaces reputation management, corporate delivery.
and online portals in India such as branding, internal communications,
Amazon, Flipkart, Snapdeal, Paytm, crisis management, media monitoring Working as a freelancer turned out to
eBay, Shopclues, and Limeroad, etc. and analysis, and visibility be the U-turn in his life as he decided
The company provides on call, email, management. The company also to quit his job and joined the e-

26
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.

Changes due to the COVID-19 Pandemic

The outbreak of the coronavirus pandemic has


shifted the way consumers behave and carry out
their activities and it has directly affected the e-
commerce industry. Moreover, only the essentials,
especially the medical care made available is
offering both challenges and opportunities to spend
money. Before the COVID-19 outbreak, a market
research expected that the growth in the e-commerce
market in India will reach 200 billion US Dollars by
the year 2026. Presently, the e-commerce sector is
influenced by the supply and demand side and while
some companies are adapting the changes, some are
Ravinder Bharti, Founder & CEO finding it tough because of the restrictions. Public
Media Solution is ready to cope up with the
challenge and maximize the opportunity.
commerce industry full-time. While working there and
communicating with the vendors, he figured out that sellers were
struggling a lot to go online as there was a lot of documents work, “Public Media Solution is
sellers were unable to understand the IT stuff and generate sales and
were finally giving up to go online. It was then he decided to start one stop solution for
Public Media Solution which would help sellers come online easily. businesses, including sales,
He started with a team of one CA, one graphic designer, one content support, and development
writer, and himself as a solution provider for the vendors.
to manage the selling of
Staying ahead of the Competition products on e-commerce
With newer trends coming day in and day out, the competition in the
platforms to stay
e-commerce industry is only intensifying. Thus, e-commerce solution competitive in an e-
providers should be prepared to survive in this rigorous competition. commerce market.”
There are some factors that help Public Media Solution stay ahead in
the competition. The company emphasizes educating its clients on
each step of business which is highly appreciated by the clients. Aspiration to attain New Heights
Moreover, Public Media Solution provides 24/7 service which none
of its competitors provides. Furthermore, the company analyzes the Public Media Solution believes that the upcoming
business needs by using the latest technology tools. years will be productive for the company. The values
offered by the company will be advantageous to all
Catching up with the Technological Advancements the upcoming startups where they can fulfill their
dreams via Public Media Solution with a promising
For any business to grow, it is essential to stay up-to-date with the attitude. The company aims to attain new heights to
market scenario, newer innovations, future prospects, and changing synchronize client targets in its mission. PMS is
customer needs. Public Media Solution stays updated with the latest working hard to mark the upcoming five years with
technology news and feeds. The company engages with its customers milestones of progress.
and keeps an eye on its competitors. Furthermore, Public Media

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.

30
the scenario. The teams are also working in
conjunction to make it handy to tackle the
circumstances and plan for the near future.

Striving for Improvement

Veniteck Solutions believes in continuous


improvement. The company strives to achieve the
position as the most promising and eminent IT
solutions provider and to be seen as a company with
profound expertise in all the different services it
offers. In the near future, the company plans to
develop more seamless software and potentially take
on more and more challenging projects. It also aims
to be known as a renowned company that has the
most intelligent people on board providing timely,
intelligent and insightful IT solutions enduringly and
it is on the way of achieving the same.

Keeping the Clients Happy


Ranjith Chandravalsan, Founder & Director Veniteck's approach, commitment, an elite team, and
integrity and transparency in its operations have
Growing with the Technology Advancements
“Veniteck Solutions the IT
For any company to be able to transform its vision into reality, it is solutions provider deems to
important to stay up-to-date with the upcoming advancements and
have a culture that promotes future growth. Veniteck Solutions grow and let grow. Ardently
believes in never-stop-gaining knowledge attitude which keeps it open committed to collaborate and
to state-of-the-art information, innovative approaches, progressive rise into a global concern is
techniques, and functionalities that enhance performances. The
company stays alert and signs up for the new-fangled features and also passionate and devoted to
broadcast emails from some of the leading technology platforms. facilitating every business to
operate at ease together with
The inclusive culture inside the company plays a huge role in its
progress. At Veniteck, regular team meetings are arranged to share
accomplishing goals
members' thoughts and bring the team together. This helps in effortlessly.”
knowledge and information sharing. Thus, the entire team is given
access to the most important findings and outcomes which in turn helped it win the most valuable clients in the market.
helps Veniteck to stay up-to-date with the technology advancements. The company begins with understanding the client's
requirements and then analyzes how it could fit in to
Opportunities post COVID-19 Crisis accomplish the client's goals, which eventually leads
both the company and the client to succeed. Paul
e-Commerce was steadily gaining momentum across India and the Cowan from Cowan Air, one of Veniteck’s most
world even before the COVID-19 outbreak. The attitude towards prestigious clients was impressed with the company's
online shopping before the pandemic was clear and distinct. However, services. He shares, “The Veniteck team has worked
after the pandemic, there is going to be a tremendous impact on closely with Cowan Air and Cowan Doors to develop
demands and sales of online commodities. A greater percentage of software to manage our business operations. Ranjith
population is expected to accept the new norms imposed for COVID- and the entire Veniteck team have demonstrated
19 and opt for online shopping to buy their products. For a company commitment, loyalty, perseverance, and dedication in
like Veniteck, this is a challenge as well as opportunity. The company the development of OPSManager. I'd like to take this
has designed and begun implementing the strategies to cope up with opportunity to thank each and every team member for
their contribution to developing OPSManager.”

31
E-COMMERCE IN COVID-19

Consumers Amplifying

E-Commerce
Business
During Covid-19

T he COVID-19 pandemic is raising internet


penetration via social media use, internet
telephony and teleconferencing, and streaming
of videos and films. The enforcements of social
distancing, lockdowns, and other measures in response to
The Global E-commerce Nature

As part of retail evolution, B2B and B2C online sales of


goods have a surge of demand in certain products due to
the COVID-19 pandemic. Consumers have stockpiled
the market crisis has led consumers to ramp up online medical supplies, including hand sanitizers,
shopping. The pandemic has highlighted the obvious disinfectants, and surgical facemasks, as well as
need to bridge the digital divide and hamper greater household essentials such as toilet paper and non-
participation in e-Commerce activities. Tackling the perishable food products. In the post-COVID-19,
vulnerability, governments have adopted new measures consumers are expected to emphasize on both
where all-size producers, sellers, and consumers have convenience and safety. During the lockdown, brands
acted, to ensure that e-Commerce can help to ease some and shopping centers are seen using WeChat mini-
of the challenges faced in combatting the virus. The programs, online social groups, and live streaming
world's e-Commerce business during COVID-19 and its videos to attract consumers through new channels
impact may encourage international cooperation and the without the need for foot traffic.
further development of policies. The online purchases
and supply business has made it clear that e-Commerce Recent months of e-Commerce business during COVID-
can be a vital tool/solution for consumers. 19 have seen 47% of internet users spending more time
in their day making purchases. The segmentation of
internet users worldwide according to their age who

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.

33
E-COMMERCE IN COVID-19

Changes In E-commerce Web Traffic Age Distribution Of Online Shoppers [%]

The main winners in this regard are online


supermarkets with an increase of a staggering 60%
251% in their web traffic. In the second place
far behind, are the retail tech sales e- 50%

Commerce, whose traffic has increased by


40%

SHOPPERS
78%, followed by the media (56%) and
telecom (29%).
30%

Sadly, there are categories that have lost web 20%


traffic historically such as tourism (-78%), the
sale of luxury items (-28%), and jewelry 10%
stores (-7%).
0
15-24 25-34 35-44 45-54 55-64
Also, the fitness and health trend boomed in
e-Commerce business during the COVID-19 AGE
pandemic with an increase of 77% sports
equipment transactions, almost the same as
International transport and logistics services active on land, sea, and
online supermarkets (76%) and cosmetics
air have been experiencing the limited availability of fast-moving
(70%).
consumer goods.
On the other hand, the biggest losers of online
Due to the introduction of new health regulations, all e-commerce
transactions during quarantine are (as with
and more traditional trade transactions have also been severely
web traffic): tourism (-92%), jewelry (-20%),
affected. More than a million passenger flights have been
and luxury goods (-15%).
canceled—6 which were typically used to transport postal shipments
and other small consignments—have comparatively reduced
Logistics And Supply Chain Facing
transport capacity and increased shipping prices for cross-border
Disruptions
B2C and B2B transactions.
The major drivers during the COVID-19
Conclusion: The COVID-19 pandemic may last for a long time, and
pandemic were logistics and delivery services,
e-commerce in goods and services will need to focus on adapting the
online B2B wholesalers, and supply chain.
new environment. The environment could trigger further
The market crisis due to lockdowns has tested
digitalization and the development of policies and rules to regulate
the continued supply of essential commodities
online trade. Nonetheless, the COVID-19 pandemic has made e-
like no other event in recent history. The
commerce an important tool/solution for consumers in times of
noble efforts to contain the further spread of
crisis, and that it is also an economic driver, including for small
the virus led e-Commerce in foods to face
businesses.
supply chain disruptions. Firms of all sizes
have continued to experience supply
However, COVID-19 crisis lessons raise a useful question: Should
challenges as a result of the suspension of
new and practical e-commerce solutions—to enable the fast and
manufacturing activity, decreased production,
secure cross-border movement of goods and services—to be
and labor shortages. Businesses with
considered, to help recover the economy and create job after the
warehousing facilities in impacted areas have
COVID-19 pandemic?
faced prominent decisions about how or
whether to keep manufacturing their products.

34
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