Quick Commerce on ONDC

Quick commerce, a buzzword in today’s retail world, represents the trend of hyperlocal deliveries, where goods are sourced from nearby locations and delivered typically within 15 to 30 minutes. This model is gaining momentum, especially in sectors like groceries, daily essentials, and medicines. With its rapid rise, businesses are finding new ways to adapt and expand their reach. One of the most promising avenues for entering the quick commerce arena is through the Open Network for Digital Commerce (ONDC).

This blog will guide you on how to set up and succeed in your quick commerce business on the ONDC network, highlighting the advantages and practical steps to get started.

The Quick Commerce Market: A Snapshot

Quick commerce services have witnessed a huge rise, driven by consumers’ increasing demand for speedy delivery. The convenience of receiving products in minutes rather than days is reshaping customer expectations and the retail industry itself.

In India, the quick commerce market is projected to reach a revenue of $3.34 billion by 2024, with an expected compound annual growth rate (CAGR) of 24.33% from 2024 to 2029. By 2029, the market volume is anticipated to touch $10 billion, with approximately 60.6 million users. This data highlights the significant opportunities for businesses that enter this market early.

Quick commerce, a buzzword in today’s retail world, represents the trend of hyperlocal deliveries, where goods are sourced from nearby locations and delivered typically within 15 to 30 minutes. This model is gaining momentum, especially in sectors like groceries, daily essentials, and medicines. With its rapid rise, businesses are finding new ways to adapt and expand their reach. One of the most promising avenues for entering the quick commerce arena is through the Open Network for Digital Commerce (ONDC).

This blog will guide you on how to set up and succeed in your quick commerce business on the ONDC network, highlighting the advantages and practical steps to get started.

The Quick Commerce Market: A Snapshot

Quick commerce services have witnessed a huge rise, driven by consumers’ increasing demand for speedy delivery. The convenience of receiving products in minutes rather than days is reshaping customer expectations and the retail industry itself.

In India, the quick commerce market is projected to reach a revenue of $3.34 billion by 2024, with an expected compound annual growth rate (CAGR) of 24.33% from 2024 to 2029. By 2029, the market volume is anticipated to touch $10 billion, with approximately 60.6 million users. This data highlights the significant opportunities for businesses that enter this market early.

what is Quick Commerce | Hyperlocal Delivery

(Credit: NTSPL)

Why Quick Commerce is Booming

Several factors contribute to the rapid growth of quick commerce:

Busy Lifestyles:
Consumers in urban areas, especially in Tier I cities, prioritize convenience and time-saving solutions, leading to higher demand for quick commerce services.
Smartphone Penetration:
With increasing smartphone usage, even in Tier II and Tier III cities, more consumers are accessing quick commerce platforms.
Improved Connectivity:
High-speed internet has made it easier for consumers to browse and order products online, fueling the growth of quick commerce.
Young, Tech-Savvy Consumers:
The younger generation prefers fast, digital shopping experiences, which aligns perfectly with the quick commerce model.
Enhanced Logistics:
Advances in logistics have made it possible to deliver goods quickly and efficiently, a critical factor for the success of quick commerce companies.

The Role of ONDC in Quick Commerce

ONDC is changing the digital commerce landscape by providing an open and decentralized platform where businesses of all sizes can sell their products. It’s designed to create a level playing field, allowing smaller businesses to compete with established giants by using a shared network.

For businesses looking to enter the quick commerce space, ONDC offers a unique opportunity. By joining this network, companies can bypass some of the significant challenges associated with traditional quick commerce models, such as managing inventory and setting up extensive infrastructure.

ONDC allows you to list your store on any seller app such as sellersetu and gives you flexibility when it comes to deliveries. You can either handle deliveries yourself or partner with services that specialize in delivering goods within the city in 15-30 minutes. When an order comes in from a location close to your store, you have the option to deliver it as quickly as possible, on your own terms.

Advantages of Using ONDC for Quick Commerce

Simplified Entry:
ONDC allows businesses to start their quick commerce journey without needing to build a complex infrastructure. The network supports non-inventory-based models, where businesses can partner with local vendors to fulfill orders. Even businesses can fulfill the orders directly from their own inventory for nearby orders, providing flexibility in how they manage and deliver products
Cost-Effective:
Traditional quick commerce models require substantial upfront investments. ONDC, on the other hand, offers a more affordable way to enter the market by leveraging existing vendor networks.

Broader Reach:
ONDC connects businesses with a vast customer base across multiple regions. This broad reach is crucial for quick commerce providers aiming to scale quickly.

Integrated Solutions:
The network offers integrated tools and services, including logistics and payment gateways, making it easier for businesses to manage operations.

Steps to Start Your Quick Commerce Business on ONDC

If you’re ready to dive into the quick commerce market through ONDC, here’s a step-by-step guide to help you get started:

Register Your Business on ONDC

Begin by registering your business on the ONDC platform. This involves filling out the necessary details and verifying your business credentials. Once registered, you’ll gain access to the tools and resources needed to set up your quick commerce store.

Set Up Your Marketplace

Create your digital storefront on ONDC. This setup process is straightforward, thanks to ONDC seller app’s user-friendly interface.

(Credit: NTSPL)

Why Quick Commerce is Booming

Several factors contribute to the rapid growth of quick commerce:

Busy Lifestyles:
Consumers in urban areas, especially in Tier I cities, prioritize convenience and time-saving solutions, leading to higher demand for quick commerce services.
Smartphone Penetration:
With increasing smartphone usage, even in Tier II and Tier III cities, more consumers are accessing quick commerce platforms.
Improved Connectivity:
High-speed internet has made it easier for consumers to browse and order products online, fueling the growth of quick commerce.
Young, Tech-Savvy Consumers:
The younger generation prefers fast, digital shopping experiences, which aligns perfectly with the quick commerce model.
Enhanced Logistics:
Advances in logistics have made it possible to deliver goods quickly and efficiently, a critical factor for the success of quick commerce companies.

The Role of ONDC in Quick Commerce

ONDC is changing the digital commerce landscape by providing an open and decentralized platform where businesses of all sizes can sell their products. It’s designed to create a level playing field, allowing smaller businesses to compete with established giants by using a shared network.

For businesses looking to enter the quick commerce space, ONDC offers a unique opportunity. By joining this network, companies can bypass some of the significant challenges associated with traditional quick commerce models, such as managing inventory and setting up extensive infrastructure.

ONDC allows you to list your store on any seller app such as sellersetu and gives you flexibility when it comes to deliveries. You can either handle deliveries yourself or partner with services that specialize in delivering goods within the city in 15-30 minutes. When an order comes in from a location close to your store, you have the option to deliver it as quickly as possible, on your own terms.

Advantages of Using ONDC for Quick Commerce

Simplified Entry:
ONDC allows businesses to start their quick commerce journey without needing to build a complex infrastructure. The network supports non-inventory-based models, where businesses can partner with local vendors to fulfill orders. Even businesses can fulfill the orders directly from their own inventory for nearby orders, providing flexibility in how they manage and deliver products
Cost-Effective:
Traditional quick commerce models require substantial upfront investments. ONDC, on the other hand, offers a more affordable way to enter the market by leveraging existing vendor networks.

Broader Reach:
ONDC connects businesses with a vast customer base across multiple regions. This broad reach is crucial for quick commerce providers aiming to scale quickly.

Integrated Solutions:
The network offers integrated tools and services, including logistics and payment gateways, making it easier for businesses to manage operations.

Steps to Start Your Quick Commerce Business on ONDC

If you’re ready to dive into the quick commerce market through ONDC, here’s a step-by-step guide to help you get started:

Register Your Business on ONDC

Begin by registering your business on the ONDC platform. This involves filling out the necessary details and verifying your business credentials. Once registered, you’ll gain access to the tools and resources needed to set up your quick commerce store.

Set Up Your Marketplace

Create your digital storefront on ONDC. This setup process is straightforward, thanks to ONDC seller app’s user-friendly interface.

Partner with Local Vendors

Unlike traditional models that require managing large inventories, ONDC allows you to partner with local vendors. These vendors will stock the products and handle deliveries, reducing your operational burden. This approach also helps in ensuring quick deliveries, as products are sourced locally.

Integrate Logistics Providers

Choose from a range of logistics partners available on the ONDC network. These providers are equipped to handle fast deliveries, which is critical for the success of your quick commerce business.

Launch Your Mobile Apps

With a significant portion of quick commerce orders coming through mobile devices, it’s essential to have a strong mobile presence. At SellerSetu we offer you a few solutions to help you launch Android and iOS apps, ensuring that your customers can shop on the go.

Market Your Business

Once your store is live, focus on marketing your quick commerce services. Use targeted campaigns to reach potential customers in your service areas. ONDC also provides various tools to help you manage and optimize your marketing efforts.

Partner with Local Vendors

Unlike traditional models that require managing large inventories, ONDC allows you to partner with local vendors. These vendors will stock the products and handle deliveries, reducing your operational burden. This approach also helps in ensuring quick deliveries, as products are sourced locally.

Integrate Logistics Providers

Choose from a range of logistics partners available on the ONDC network. These providers are equipped to handle fast deliveries, which is critical for the success of your quick commerce business.

Launch Your Mobile Apps

With a significant portion of quick commerce orders coming through mobile devices, it’s essential to have a strong mobile presence. At SellerSetu we offer you a few solutions to help you launch Android and iOS apps, ensuring that your customers can shop on the go.

Market Your Business

Once your store is live, focus on marketing your quick commerce services. Use targeted campaigns to reach potential customers in your service areas. ONDC also provides various tools to help you manage and optimize your marketing efforts.

Why Quick Commerce on ONDC is the Future

The ONDC network is not just another e-commerce platform; it’s a game-changer for businesses looking to tap into the growing quick commerce market. By joining ONDC, businesses can benefit from:

Increased Visibility: Products listed on ONDC are visible across multiple buyer apps, increasing your chances of attracting customers.
Scalability: As your business grows, ONDC offers the flexibility to expand into new regions and add more vendors without significant additional costs.
Customer Trust: ONDC’s secure protocol and reliable service providers help build customer trust, which is essential for long-term success in quick commerce.

Overcoming Challenges in Quick Commerce

While quick commerce offers tremendous opportunities, it also comes with challenges. Here’s how ONDC can help you overcome them:

Inventory Management: ONDC’s vendor-based model eliminates the need for large inventories, reducing the risk of overstocking or stockouts.

Delivery Logistics: Partnering with local vendors and logistics providers ensures that you can meet the fast delivery expectations of your customers.

Customer Expectations: With ONDC’s integrated tools, you can offer a seamless shopping experience, from order placement to delivery, meeting the high expectations of today’s consumers.

Why Quick Commerce on ONDC is the Future

The ONDC network is not just another e-commerce platform; it’s a game-changer for businesses looking to tap into the growing quick commerce market. By joining ONDC, businesses can benefit from:

Increased Visibility: Products listed on ONDC are visible across multiple buyer apps, increasing your chances of attracting customers.
Scalability: As your business grows, ONDC offers the flexibility to expand into new regions and add more vendors without significant additional costs.
Customer Trust: ONDC’s secure protocol and reliable service providers help build customer trust, which is essential for long-term success in quick commerce.

Overcoming Challenges in Quick Commerce

While quick commerce offers tremendous opportunities, it also comes with challenges. Here’s how ONDC can help you overcome them:

Inventory Management: ONDC’s vendor-based model eliminates the need for large inventories, reducing the risk of overstocking or stockouts.

Delivery Logistics: Partnering with local vendors and logistics providers ensures that you can meet the fast delivery expectations of your customers.

Customer Expectations: With ONDC’s integrated tools, you can offer a seamless shopping experience, from order placement to delivery, meeting the high expectations of today’s consumers.

How to sell online to nearby places? | Q-commerce | Hyperlocal

(Credit: Webmagic)

At SellerSetu, we make it effortless for you to establish and grow your quick commerce business on the ONDC network. Our platform is designed to simplify every aspect of the onboarding process—from registration to storefront setup. We provide comprehensive support, including vendor integration, logistics management, and mobile app launches, ensuring that your transition into the quick commerce space is smooth and efficient. With SellerSetu, you gain access to expert guidance, tailored solutions, and continuous support, empowering you to scale your business rapidly and meet the demands of today’s fast-paced market.

Quick commerce is more than just a trend; it’s the future of retail. As consumer demand for fast, hyperlocal deliveries continues to grow, businesses that adapt to this model will thrive. The ONDC network provides a robust platform for businesses to enter the quick commerce market, offering the tools, support, and flexibility needed to succeed.

By starting your quick commerce business on ONDC, you’re positioning your brand at the forefront of this retail revolution, ready to meet the needs of today’s fast-paced consumers. Whether you’re a small business or a large enterprise, ONDC offers a pathway to success in the competitive world of quick commerce.

Ready to get started? Register your business on the ONDC network today and begin your journey into the future of retail.

(Credit: Webmagic)

At SellerSetu, we make it effortless for you to establish and grow your quick commerce business on the ONDC network. Our platform is designed to simplify every aspect of the onboarding process—from registration to storefront setup. We provide comprehensive support, including vendor integration, logistics management, and mobile app launches, ensuring that your transition into the quick commerce space is smooth and efficient. With SellerSetu, you gain access to expert guidance, tailored solutions, and continuous support, empowering you to scale your business rapidly and meet the demands of today’s fast-paced market.

Quick commerce is more than just a trend; it’s the future of retail. As consumer demand for fast, hyperlocal deliveries continues to grow, businesses that adapt to this model will thrive. The ONDC network provides a robust platform for businesses to enter the quick commerce market, offering the tools, support, and flexibility needed to succeed.

By starting your quick commerce business on ONDC, you’re positioning your brand at the forefront of this retail revolution, ready to meet the needs of today’s fast-paced consumers. Whether you’re a small business or a large enterprise, ONDC offers a pathway to success in the competitive world of quick commerce.

Ready to get started? Register your business on the ONDC network today and begin your journey into the future of retail.

Quick Commerce on ONDC

Quick Commerce on ONDC