Zoho unveils e-commerce platform to help retailers build online stores
Category: #retail  By Paroma Bhattacharya  Date: 2019-04-10
  • share
  • Twitter
  • Facebook
  • LinkedIn

Zoho unveils e-commerce platform to help retailers build online stores

Zoho Corp, an Indian software development company, has reportedly confirmed the launch of Zoho Commerce, an e-commerce platform that will enable small retailers to develop their own e-commerce sites.

From the past year the company had been running a beta version with 3,500 retailers worldwide and about 10% of them were in India, VP-Product management of Zoho Corp, Hyther Nizam said.

Apparently, in India there are more than 480 million internet users and this number will exponentially rise to over 600 million by 2021. In addition, the total size of e-commerce market is approximately $22 billion, which is nearly 4.5% of the total retail in India, anticipated to grow to $50 billion by 2023.

Zoho Commerce is supposedly GST compliant and is powered by Zoho’s AI assistant Zia. The product would be integrated with current Zoho backend solutions such as Zoho Campaigns, its email campaign software, and Zoho Books, the accounting software, Mr. Nizam mentioned.

The company is currently serving over 40 products across different business categories, including, customer support, accounting, and sales and marketing.

According to Mr. Nizam, unlike existing companies that provided the same service where the retailer has to pay on each transaction basis, the company would charge only a flat monthly fee on a monthly GMV of up to Rs 25 lakh.

Zoho Corp will implement a bottom up approach by starting with small and medium retailers. The company would also look to educate the merchants about how to run email campaigns, increase traffic to their website, and carry social media marketing.

Zoho Corp, a software development company in India, was founded in 1996 by Tony Thomas and Sridhar Vembu and is headquartered in Chennai, Tamil Nadu. With over 40 million users globally, over 40 products of Zoho cater to sales and marketing, support and collaboration, finance and recruitment needs efficiently.



About Author

Paroma Bhattacharya

Email: [email protected]   

Paroma Bhattacharya

Paroma currently works as a content developer for Algosonline, MSF and a series of alike platforms. Fortified with a post-graduation degree in Journalism and Mass Communication, she delved head long into a writing career, creating resourceful and information enriched ...

Read More

More News By Paroma Bhattacharya

Bio-Thera Solutions commences Phase 1 study for Simponi® biosimilar
Bio-Thera Solutions commences Phase 1 study for Simponi® biosimilar
By Paroma Bhattacharya

Bio-Thera Solutions, a China based pharmaceutical company, has reportedly announced the start of dosing of its first batch of healthy volunteers in order to compare the safety and pharmacokinetics of BAT2506, proposed ...

Mevion & C-RAD integrate for better treatment in proton therapy
Mevion & C-RAD integrate for better treatment in proton therapy
By Paroma Bhattacharya

  • C-RAD to offer a specific version of Catalyst System named Catalyst PT in proton therapy.
  • Catalyst PT would be especially used for thoracic tumor i...

Amazon plans to open a brick-and-mortar liquor store in San Francisco
Amazon plans to open a brick-and-mortar liquor store in San Francisco
By Paroma Bhattacharya

  • The company is looking to launch a liquor shop in San Francisco for various alcoholic beverages.
     
  • Application for a liquor license and...