How To Accelerate Quick Commerce Success With The Right Enterprise Ecommerce Platform

By |Updated Date : Oct 22, 2024 | 309 views | Oct 22, 2024
  • How To Accelerate Quick Commerce Success With The Right Enterprise Ecommerce Platform

In the world of quick commerce, speed and efficiency are everything. 

Delivering instant gratification isn’t just a perk—it’s a necessity. 

 No wonder quick commerce brands catering to this need have registered 10x growth in just two years.

But to truly thrive in this competitive space, choosing the right enterprise eCommerce platform is essential. 

So, what makes a platform “right”? 

The right solution should help you manage rapid deliveries, streamline local operations, and keep up with rising customer expectations. 

Without it, staying ahead of the curve can be a major challenge. 

Curious about how the perfect enterprise platform can drive your success? 

Before we explore how choosing the right ecommerce platform helps drive success, let us see how quick commerce is behaving in the market.

The Rise of Quick Commerce in India

With skyrocketing growth, quick commerce is reshaping the ecommerce landscape and setting new benchmarks for customer expectations.

Here are a few data that show how quick commerce is growing in India: 

  • 230% growth in q-commerce revenue from 2021 to 2023
  • $3.35 billion is the forecasted q-commerce revenue in 2024
  • $5.5 billion is the estimated  q-commerce revenue market value by 2025
  • 60.6m users is the estimated quick commerce user penetration by 2029
  • 33%-35% of FMCG ecommerce sales come via Q Commerce
  • 2X growth of quick commerce to overall ecommerce between 2023-2024

Source: Statista, Tech Crunch, ET Retail, RedSeer

Quick commerce has shown remarkable growth. With a fast-expanding user base, high buying frequency, and increasing market share, it’s clear that q-commerce is reshaping the ecommerce landscape. 

By embracing the power of quick commerce and leveraging advanced technology, quick commerce companies can meet demand, drive customer loyalty, and set their business on an upward growth trajectory in this thriving industry.

How Choosing The Right Enterprise Ecommerce Platform Drives Success for Quick Commerce Companies 

It is crucial to choose the right enterprise ecommerce platform to thrive in the quick commerce market. An ideal platform empowers businesses to handle high-volume orders, streamline local deliveries, and adapt to the evolving needs of customers. Ultimately, it’s about building a solid foundation for scalability, efficiency, and long-term growth in a competitive industry. 

1. Manage Local Vendors Easily

Well, going for quick commerce the traditional way can break your bank in setting up dark stores and stocking inventory. With a robust and feature-rich enterprise commerce platform, you can experiment with the quick commerce marketplace model by onboarding local sellers as your vendors. 

To create your brand niche in the competitive quick commerce market, you need advanced features that streamline vendor onboarding, real-time inventory tracking, and automated order routing. The right platform provides centralized tools for communication, performance monitoring, and payments, which simplifies vendor management and enables faster response times to meet consumer demand. By optimizing these vendor interactions, you can deliver faster, offer more reliable service to your customers, and strengthen your local supply chain.  

StoreHippo enables you to set up a distributor-powered q-commerce marketplace thus saving a huge upfront cost on CapEx. When quick commerce companies like yours create an online store with StoreHippo, they get a well-rounded vendor-management solution that eases out the process of onboarding and managing vendors. It also offers a separate vendor dashboard for each vendor to give an easy understanding of the inventory and order status. You as admin also get a complete overview of the day-to-day business operations like sales, revenue, vendor performance, best-selling products etc. by simply logging into the admin panel

2. Set Up Location Based Sub Stores

Will you be able to offer quick deliveries if you do not create multiple sub-stores? Certainly not. You need location-based sub-stores to meet the demand for rapid deliveries. By strategically placing stores or micro-fulfillment centers in areas with high demand, you can ensure orders are picked, packed, and delivered within minutes. Isn't that what quick commerce actually means? You need a robust ecommerce platform that comes with advanced solutions to help create multiple stores in a quick time and meet the expectations for rapid delivery in the q-commerce space.

With StoreHippo, you can create multiple location-based sub-stores for each product line and manage them from a common central admin. StoreHippo offers a single dashboard to manage all your stores efficiently. You can use the single dashboard to allocate products, deals, discounts, shipping, and payment gateways to various sub-stores. You can showcase store-specific catalogues to your target customer segments and allot different products to each quick commerce app and storefront effortlessly simply by choosing and adding the products to the store inventory.

3. Easily Build Website and App

In a q-commerce business model, quick commerce apps are crucial. A mobile-optimized platform with PWA (Progressive Web App) capabilities or an app ensures a smooth, engaging experience on smartphones and tablets. With mobile users expecting instant access, only a platform that is built for mobile commerce can handle high-speed interactions and deliver a responsive, user-friendly interface. Mobile optimization also reduces load times, facilitates quick checkouts, and integrates app-based notification, engaging with the customers and thus boosting the order size . 

StoreHippo’s ecommerce solution is built on the mobile-first principle and comes with a built-in mobile apps. You can create separate quick commerce apps for different sub-stores from the admin dashboard without the need for coding and at zero additional costs. Also, StoreHippo offers a variety of apps for admins, vendors, delivery boys etc. StoreHippo makes it possible for brands to run their business on the go. Online stores built on StoreHippo are PWAs, which means these ecommerce websites, look, feel, and work like mobile apps even on entry level devices. 

4. Design Tools to Create Conversion-Oriented Websites

When you choose a comprehensive ecommerce platform, you can create unique designs that engage with the audience and help convert them. Quick commerce companies can create user-friendly interfaces and optimize the layout seamlessly with the help of design tools from the robust ecommerce platform. With such tools, you can alter the design elements as and when needed, boosting the app’s overall effectiveness and converting casual browsers into loyal customers.                        

With StoreHippo you can play around with your store designs and create a unique yet professional hyperlocal ecommerce store. The easy-to-use drag-and-drop feature helps even a novice user overhaul the website design within minutes with zero knowledge of coding. The futuristic ecommerce platform offers you 100+ device-optimized themes for different sub-stores. 

With the support of developer-friendly interface that offers heavy-duty programming support, you can edit the HTML directly to make your existing widgets behave as per your requirements or add a completely new widget to give unique appeal and flow to your online store. You can also increase your conversions with easy-to-use features that make your quick commerce apps even more engaging.

5. Real-Time Inventory Management:

Stock management is a challenging task when it comes to quick commerce companies. Yes, crucial as well. You need an advanced real-time inventory management tool that helps you update stock levels instantly across all channels, preventing stockouts and over-selling while ensuring customers see the latest availability. This real-time capability allows smoother operations, minimizes order cancellations, and boosts customer trust. With efficient inventory management tools, brands can allocate stock optimally, meet consumer demand faster, and even anticipate restocking needs, providing a seamless shopping experience that keeps customers satisfied and returning for more.

StoreHippo comes with a built-in product-management system that helps your vendors manage their products in the backend and the front end seamlessly. The time-saving features from StoreHippo help your sellers add, delete, edit, import, export, search, publish, or unpublish single or multiple products in just a few clicks. The order management system from StoreHippo helps streamline order and inventory planning with advanced, automated, and simplified order processing on your quick commerce platform. 

6. Seamless Integration with Logistics Partners

Quick commerce is all about quick deliveries. This means real-time coordination with logistics partners, which can be a challenge without the presence of a robust ecommerce platform. When you can seamlessly integrate with various delivery providers, you enable efficient order fulfillment and real-time tracking. By automated dispatch processes and synced logistics partners, brands can reduce delivery times and help customers stay up-to-date on their orders. This connectivity not only enhances operational efficiency but also helps meet customer expectations for quick, reliable delivery, which is crucial in the fast-paced quick commerce landscape.

When you choose StoreHippo quick commerce solutions to build your marketplace, you get 30+ pre-integrated logistics partners that help you create a streamlined supply chain. You can integrate with more than one shipping partner on your hyperlocal ecommerce marketplace to optimize the shipping costs and ensure quick deliveries of your orders. StoreHippo also offers built-in delivery boy management solutions to help you manage your fleet of local delivery agents in different locations.

7. Scalability And Enhanced Speed For Rapid Growth

When ordering products from quick commerce companies, customers expect their marketplace to work at a good speed. The right ecommerce platform handles sudden surges in traffic and order volumes during peak times or promotions, ensuring that your customers can order seamlessly without disruptions. With rapid page loads, seamless navigation, and quick checkout processes, your customers can have an exceptional user experience that minimizes cart abandonment and keeps customers coming back for more. With a scalable platform, you can expand your quick commerce business effortlessly, add new products, regions, and features to capture growth opportunities while consistently delivering fast to meet high-speed demands of quick commerce.          

StoreHippo is built on the most advanced technology stack (MEAN stack), which offers an inherently scalable solution for high-volume fast-growing q-commerce brands. StoreHippo helps you build disruptive solutions by offering consistent high performance even when your ecommerce brand grows exponentially. You can ensure peak-load tolerance during seasonal peaks and 99.99% uptime. StoreHippo’s inherently scalable cloud infrastructure supports and accommodates the business growth plan and strategies without having to bother about replatforming.

8. Advanced Analytics and Customer Insights

A data-driven approach is key to thriving in quick commerce. The right enterprise ecommerce platform comes with advanced analytics tools to help you offer rich customer insights. Quick commerce companies can understand buying patterns, track performance, and make informed decisions by analyzing this data. It also helps brands personalize offers, optimize marketing strategies, and anticipate demand trends. With such insights into customer buying habits, you can strategically grow your business and enhance customer experience by tailoring products and services. 

With advanced analytics tools, you can analyze your customer segmentation and make data-centric marketing plans for overall business growth. Built on decoupled headless API, StoreHippo quick commerce solutions help create personalized landing pages, and custom forms using the built-in form builder and help capture rich customer data. You can seamlessly integrate with several data tools like Google Analytics, Zoho, etc. 

9. Flexible Payment and Checkout Options

Customers need a smooth and hassle-free payment process for quick shopping. With an ecommerce platform that supports multiple payment options ranging from digital wallets, one-click payments, and cash-on-delivery etc, you can remove friction and simplify the purchasing process. By accommodating different payment methods, hyperlocal marketplaces can cater to a wider audience and ensure a hassle-free shopping experience. Offering secure, fast, and varied checkout choices not only improves customer satisfaction but also enhances conversion rates, helping quick commerce companies convert more buyers.

StoreHippo, helps create a frictionless payment process on your quick commerce apps and marketplace with 60+ pre-integrated domestic and international payment gateways. Your customers can choose their preferred payment method and enjoy a frictionless checkout experience on your ecommerce website. You can also implement multiple payment gateways based on the location or device of the buyers with StoreHippo. You can also support transactions in multiple currencies as and when you plan to expand to global markets. 

10. Built-In Marketing and Promotion Tools

In the competitive hyperlocal ecommerce market, it becomes essential to stand out of the crowd. With built-in marketing and promotion tools, you can manage promotions, discounts, and personalized offers with ease. Advanced marketing tools help quick commerce companies attract new customers, boost engagement, and encourage repeat purchases. Integrated SEO features, discount engines, and customizable campaign options enable hyperlocal ecommerce brands to target their audience effectively. This streamlined marketing approach not only drives conversions but also strengthens customer relationships, ensuring that your brand stays top-of-mind in a fast-moving marketplace.

StoreHippo hyperlocal ecommerce solutions come with built-in marketing tools to help you carve a niche for your brand in the q-commerce market. The built-in discount engine helps brands offer multi-level discounts for your marketplace. You can send out real-time notifications like email, push, and SMS notifications to inform customers about the offers. With StoreHippo, you can recover abandoned carts and boost your conversions manifold. The built-in SEO tools help you rank higher on SERPs and get organic traffic on your quick commerce marketplace. 

Conclusion

To excel in the quick commerce landscape, it is essential to adopt a comprehensive and scalable platform that helps manage local vendors, create location-based sub-stores, and build mobile-optimized websites and apps for a seamless customer experience. 

StoreHippo quick commerce solutions help future-proof your business by quickly adapting to a variety of ecommerce trends like building quick commerce apps, hyperlocal commerce, multi channel shopping, seamless checkouts, etc. StoreHippo offers end-to-end solutions to help you build your location-based stores and manage your fleet of delivery boys with its enterprise-grade features. 

Are you all set to choose StoreHippo to drive success on your quick commerce marketplace? Explore the 300+ built-in features from StoreHippo by starting your 14-day free trial now. 

 






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