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we expect to get about 25-30% of orders via mobile by the year end

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DQI Bureau
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What all does the IT team manage at ShopClues?

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The ShopClues technology team manages the e-commerce platform, application development, and the IT infrastructure.

Investing in mobile commerce is a priority among e-commerce players. How is ShopClues strategizing to cater to the on-the-go consumer? Has the company deployed any mobile apps?

We believe that the world is moving to mobile in a big way. At ShopClues, the mobile piece has been a part of our strategy from day-one.
Currently, ShopClues has three mobile apps - for its customers, merchants and internal operations respectively. About 40% of our business in conducted on the mobile platform and we expect that to grow in the coming months. With the recent launch of our customer-facing Android app, we expect to get about 25-30% of orders via mobile by the year end. We want to increase the reach of our mobile initiative beyond apps - we will soon be launching a feature phone/smartphone-friendly shopping experience. This will enable our customers to interact with ShopClues site seamlessly, across diverse platforms.

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How do you use analytics and what future possibilities do you see in using analytics in this space?

ShopClues is extremely data-driven and we collect a wealth of data related to consumer behavior, transaction details, traffic data, social media data, competitive data, etc. This data helps us build real time decision and recommendation engines like:

Personalization and Product recommendation based on users browsing behavior, past transactions and other customers transaction where there is similarity of browsing and transaction behavior.

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Product price recommendation engine-which suggest pricing of the products based on consumer conversion and competitive data.

Assignment of logistics partner based on source and destination of an order-this takes into account logistics partners performance on that route, type of product, ground versus air shipment and of cost of shipment.

What is driving e-commerce companies to have their own payment gateways? What challenges are they facing with the present gateway solutions?

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India's low credit card penetration is a dampener for online shopping (although most e-shopping sites witness higher spends through card transactions as compared to CoD). RBI's regulations regarding two-factor authentication and the legacy tech systems used by most banks in India, only add to the problem of online payments. The multiple steps involved in authentication for an e-transaction can be time-consuming and cumbersome for a customer, especially when poor internet connectivity too can play spoilt-sport. All these factors contribute towards e-commerce companies exploring the option of offering their own digital wallet schemes or payment gateways.

What are the priorities while choosing a payment gateway? Do you also have plans to have your own payment gateway?

The priorities are below:

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  • Ease of use for customers 
  • Fees: Payment gateways can charge monthly fee, transaction fees, set u p fees. Choose which model works best for your business
  • Technology Backbone: Ease of integration with e-commerce platform, compatible with mobile

We consider the option of building and integrating new technology whenever there is a compelling business need.

 

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