Friday, Mar 29, 2024 | Last Update : 10:38 AM IST

  Technology   In Other news  04 Dec 2019  Modern businesses require modern solutions- 4 digital tools for business growth

Modern businesses require modern solutions- 4 digital tools for business growth

THE ASIAN AGE.
Published : Dec 4, 2019, 6:41 pm IST
Updated : Dec 4, 2019, 6:41 pm IST

Below are some of the more popular and effective online tools you may consider using to help you scale your business

Everything can be customized and tweaked according to your individual requirement to make your business a success (Photo: AFP)
 Everything can be customized and tweaked according to your individual requirement to make your business a success (Photo: AFP)

According to official statistics, India's E-commerce revenue is expected to jump from 39 billion USD in 2017 to 120 billion USD in 2020, growing at an annual rate of 51 per cent, the highest in the world. Over the last few years, dozens of websites have been launched in India to sell everything from books and appliances, to baby care products and bus tickets. As of last year, online retail sites have acquired a whopping 138 billion rupees in revenue. With social media at the forefront, e-commerce is backed to be a massive revolution in marketing and sales. No wonder then, a lot of people are looking to start their own ventures in this space. However, starting up an e-commerce business entails managing not just inventory but also logistics, order management, product marketing, customer service and web design among other things. The good news is that there are companies working in each of these individual domains to make your work easier. Everything can be customized and tweaked according to your individual requirement to make your business a success.

Below are some of the more popular and effective online tools you may consider using to help you scale your business.

Shopify - A web design tool, it has free and mobile-responsive paid ones. The themes are sleek, lightweight and aesthetic looking. It can also be used to buy a domain and employ plugins.

Hootsuite - Hootsuite combines social media and customer management into one product. It you can see what people are saying about your brand or products, schedule social media updates, and get access to powerful analytics and insights that can help you get more ROI from your efforts

ClickPost – Clickpost deems to provide support for over 100+ logistics partners worldwide, helping with delivery monitoring. It helps you achieve business objectives and streamline supply chain. As per its claims it can reduce RTO's by an average of 25 per cent while increasing net promoter score by 20 per cent

Razorpay - Razorpay a digital payments solution offers accept, process, and disbursements of payments within its product suite and offers easy mobile app integration on both Android and iOS.

Nimble - Nimble offers integration with platforms like Hootsuite, Twitter, Facebook,etc. preventing disarray in tracking communication the using brand is doing.  It thus displays all communication in one place.

Tags: digital tools