India as a Population in todays date , worth 1.5 K Million , Cities like Mumbai Delhi ‘ 300 Million population already resides , if U Combine them per capita GDP Would be like Small U.S 2-3 WOULD evolve out of that , in next 10 yrs , so ideally Delhi plus Mumbai combined would be 1 U.S Country in Short ,and rest India haven t even Counted , How about Retail Penetration …approx. 8 - 8.4% , China its 45 %In short , the Industry is just evolving in the Digital paradox and dynamics n 2025 ‘where accessibility / micro payments and awareness is still not 100 % penetrated .Its Cheaper and faster than ever to build sustainability and then scale , today . Gone are those days where finance was the main controller &amp; drive of business .Micro Market , Go Deep , segment that Interest and drives You ‘ and play with only Top 3 - 5 Identified SkU ‘ to solve the Bigger Problem of the Country | Market . Sourcing will happen by default as micro market , Initial level Build Sustainability<a href="https://aviksah.substack.com/p/unlocking-indias-retail-goldmine/comments" rel="noopener noreferrer" target="_blank" style="background-color: var(--background_pop); color: var(--print_on_pop);">Leave a comment</a>Drop shipping Model&nbsp;- Beside Inventory led business Model , the new trend is Drop shipping , where U import it from market place as small micro business owner and then leverage gradually with right measures and metrics in place , systemized .Data facts&nbsp;-&nbsp;The India drop shipping market&nbsp;generated a revenue of USD 20,776.8 million in 2023 and is expected to reach USD 102,393.2 million by 2030.<ul><li>The India market is expected to grow at a CAGR of 25.6% from 2024 to 2030.</li><li>In terms of segment, fashion was the largest revenue generating product in 2023.</li><li>Food &amp; Personal Care is the most lucrative product segment registering the fastest growth during the forecast period.</li></ul><h3>Drop shipping market data book summary</h3>Market revenue in 2023USD 20,776.8 million Market revenue in 2030USD 102,393.2 million Growth rate25.6% (CAGR from 2023 to 2030)Largest segment Fashion Fastest growing segment Food &amp; Personal Care Historical data2018 - 2022Base year2023Forecast period2024 - 2030Quantitative units Revenue in USD million Market segmentation Toys, Hobby &amp; DIY, Furniture &amp; Appliances, Food &amp; Personal Care, Electronics &amp; Media, FashioD to C -&nbsp;Big Market in Beauty and Personal Care , followed by Jewelry , fashion etc and finally electronics and accessories . various AI Build tools are there ‘ to predict the trends in context with AOV , Top Movements Sku in the given segment , marketing spends budget reqd for specific sku market , competitors specification , custom approach to trending exploring categories , highest traffic for categoryDATA Facts&nbsp;-&nbsp;India’s direct-to-consumer (D2C)&nbsp;market, which is likely to reach a size of $100 Bn by 2025, has grown exponentially in the last few years. Several factors including the Covid pandemic, higher internet penetration, growth of digital infrastructure and rise in the number of millennials, among others, have shored up the D2C brands.Home to more than 190 Mn digital shoppers, India has the world’s third-largest online shopping base in the world. It is this burgeoning ecosystem that the new-age D2C brands aim to capitalise on, on the back of the growing appetite of Indian consumers for innovation and waning loyalty towards traditional players.<a href="https://aviksah.substack.com/p/unlocking-indias-retail-goldmine?utm_source=substack&amp;utm_medium=email&amp;utm_content=share&amp;action=share" rel="noopener noreferrer" target="_blank" style="background-color: var(--background_pop); color: var(--print_on_pop);">Share</a>Mastery of Apple Brands&nbsp;- Attention with Care is the game changing strategy for apple through out . Attention to detail is key extensive research on product , before making it product market fit , its all about consumer insight with interest &amp; CARE .What are U going to be known for ‘ Story of the brand based on Innovation , for apple it was ‘ a 1000 song in One Device ‘ when they launch i pod , key message .visualizing the Target group and understanding their lingo , rest is all content .Religion Tech&nbsp;- with new level of distribution and accessibility , this is an evergreen segment and recession proof business model , as a segment , selling is an art too . Pet care next level segment , Health segment post covid already evergreen across .Packaging plays a big role , in formulation and re shaping it to the world &amp; India .DATA Facts&nbsp;-&nbsp;As of 2023, the Indian faith market stands at a whopping $58.56 Bn, and&nbsp;startups have enough room for disruption and growth in this sectorOn the back of growing demand for spiritual apps, market players anticipate more VC funds entering the market, higher margins, companies going public in the not-so-distant futureThe spiritual tech space is getting a massive boost from young individuals in the age group of 25-35 years and NRIs who want to stay connected with their culture and faith<a href="https://aviksah.substack.com/p/unlocking-indias-retail-goldmine?utm_source=substack&amp;utm_medium=email&amp;utm_content=share&amp;action=share" rel="noopener noreferrer" target="_blank" style="background-color: var(--background_pop); color: var(--print_on_pop);">Share</a>Creation of right Business Model&nbsp;- It starts with right product fitment , intense research and interest based segment , competitors research and understanding area like where are their demographics and area of coverage that they are ranging too , clients reviews and re redefine the segment which is target audience age group basedInitial Go to market strategy is critical , its never one size fit all , brand messaging , channel to distribute , influencers based or self go strategy , continuous reviewsSelling Strategy&nbsp;- People dont buy products , people buy transformation , so product description and feature will not help , how they feel will help &amp; transform. SubscribeCase study of mama earth&nbsp;- target audience children and brand messaging was key. Direct commerce 80 % sell , rest into amazon and others ‘ imp is go the extra mile . Quick commerce is next way of life and all levels of products will sell , exception high limit products is a concern else , its always a new form of shopping , for more selection Quick commerce might not be the right area of channel of sales . Price Strategy&nbsp;- value driven price impact based on conversion rate .10x vs 1x , Targeting the right audience segment holds the right engagement on pricing .rest is permutation combination , basis market and testimonials based on sweet spot . CheersTo Your SuccessStay Tune !Avik

Unlocking Indias Retail Goldmine: How Small Business Owners Can Tap Into Its Massive Potential

Useful links

Company

Information

Content Writers

Freelancers

Freelance Jobs

Online Jobs

Designers

Developers

Translations