What is Retail-Commerce?
Explore Retail-Commerce: how it works, history of Retail-Commerce, and benefits of Retail-Commerce.
Retail-commerce refers to when customers visit their (nearby) local retail stores and buy products or services directly from these stores, pay them, and get cashback on their every payment. It can be defined as a combination of "retail" and "e-commerce," through which local businesses can increase their sales by automatically promoting their products and services using technology. Retail commerce is an indicator of the renaissance of the retail industry, which shows the entire retail industry a new path of development. It unites all retail businesses, through which retail businesses can grow their business at double speed.
Not only in India but across the world, ZamWays is the first company to launch this retail business with ultramodern technology, which has given new life to these retail businesses.
How does Retail-Commerce work?
Retail-Commerce works by connecting customers and local retail stores using websites and applications. Any local retail store can onboard their businesses in any specific category of retail commerce or list their products and services. Customers can search for any products, services, or stores nearby on websites or applications. Then a website or app will show you local retail stores near you. You can visit the store and buy any product or service. After buying a product or service, you will have to pay the local retail store owner by scanning the merchant QR code through your app scanner. Once the payment succeeds, the customer receives guaranteed cash every time.
Categories of Retail-Commerce?
ZamWays has more than 100 Retail-Commerce (shopping and service) categories, where retail shopkeepers can on-board their shops as merchants and increase their retail sales. These Categories are:
Fashion & Boutiques
Jewellery & Ornament
Pharmacy & Drugs
Spa & Beauty Parlor
Restaurant & Fast Food
Shoes & Footwear
Cosmetics & Beauty
Sweet & Snacks
Electric & Electronics
Hospital & Nursing Home
And Much More...
2020: The first Retail-Commerce company launches
The retail market began in a Middle Eastern city in the 7th millennium BC, and the first e-commerce company was launched in 1982. Since then, the market for this business has gone down a lot, as people prefer online shopping. As a result, many retailers lost their business. During the lockdown in 2019, the businesses of these retailers suffered further losses. Shree Rajkiran Dipakbhai Dutt, the founder of ZamWays, invented this technology (retail commerce) in the year 2020, keeping these local shopkeepers in mind.
He observed that customers are facing many problems while buying products online, such as wrong product delivery, high prices of products, non-delivery of products on time, and many more. But we can get the right product at the right price in our neighborhood store. What will compel the customer to visit their local store and buy the service? To find answers to these questions, he invented retail in 2020. He offers attractive cashback offers named "Every Time Cashback" to customers, where customers will get guaranteed cashback of up to 15% on every shopping, which no company has been able to offer till date. Not only that, he gave more such offers to the customer. He offered all the retail shopkeepers to connect with ZamWays, where others were taking lakhs from these shopkeepers in the name of customers but the customers were not paying, he offered to link these shops with ZamWays for only thousands of rupees and gave confidence to the shopkeepers to give customers.
He offers all the shopkeepers to connect with ZamWays, where others are charging lakhs from these shopkeepers for giving leads but not giving leads, he offers these shops to join ZamWays for just thousands of rupees and makes them believe to give leads. Here, customers will come to this shopkeeper because they will get cashback if they shop only from the shops that are connected with ZamWays. So these customers will go to this store. He has more than 100 categories on his platform, which all shopkeepers can add to. In this way, he has integrated the retail businesses and is also making their businesses grow. Become a ZamWays merchant and increase your store's sales by 3 to 5 times.
Understanding the benefits of Retail-Commerce:
Retail commerce is the perfect technology for every retail business or user. We are going to explain what kind of advantages there are by sharing what we know about Retail-Commerce.
Retail Commerce Benefits for Merchants:
- Customers
- Business Growth
- Promotion
- Branding
- Store and Product Listing Creation
Retail-Commerce Benefits for Users:
- No scams
- Cost reduction
- Every Time Cashback
- Quality
- Instant Delivery
FAQs
Who started Retail-Commerce?
Ans: Retail-Commerce was invented by entrepreneur Rajkiran Dipakbhai Dutt in India in 2020. Rajkiran Sir was the first to create a modern system that provides customers with cashback every time they shop.
What is the meaning of Retail-Commerce?
Ans: Retail-Commerce refers to modern technology where retail businesses of all categories can connect and double their business growth. And customers can enjoy cashback every time they purchase products directly from these stores.
What is India's First Retail-Commerce platform?
Ans: ZamWays Uniserv Private Limited is India's First Retail-Commerce Platform.