Rise of the E-Commerce Industry Amid the Ongoing Times of Crisis

PUBLISHED:

See more TechGraph stories in your search results.
Google Add TechGraph on Google

The widespread outbreak of the pandemic affected almost all sectors across the globe in a very short period. While some industries such as travel and tourism took a major hit, other industries like e-commerce saw increased sales, engagement, and revenue. 

As social distancing and personal hygiene became the top priorities, people increasingly opted to shop online and now, it’s more than just a necessity. It’s the new normal. E-commerce businesses shifted to remote working models overnight while managing customer support and communications completely digital. 

- Advertisement -

Bain & Company, in a joint report with Flipkart, titled How India shops online (authored by Arpan Sheth and Shyam Unnikrishnan), said: “COVID-19 has caused an inflection in e-commerce penetration globally driven by consumers’ need for safety and convenience and even in India, online is gaining salience. We expect India’s e-commerce growth story to be inclusive — one that empowers sellers and consumers both.”

E-commerce businesses have efficiently managed sales and customer support processes remotely during these unprecedented times with the help of a Customer Relationship Management (CRM) solution. E-commerce enterprises are leveraging the advanced capabilities of a CRM to have intelligent, contextual interactions with their customers from any part of the world.

Most of India’s leading online grocery retailers managed their bulk of incoming orders and tickets during the COVID-19 lockdown effectively with good management. This is how CRM helped e-commerce firms in taking their sales and customer support to the next level.

E-commerce platforms encounter huge amounts of customer queries and requests. A SaaS-based CRM solution can automate their ticketing process by assigning a ticket to the right agent or the relevant team. Furthermore, support teams can resolve, escalate, or close the ticket as and when necessary within the cloud CRM itself. 

Customers reach out to eCommerce support centers through their preferred channels of communication. This could include calls, emails, live chat, or even social media. It’s essential for e-commerce firms to be omnipresent and respond to these regularly. With an omnichannel support system, support agents can respond to incoming queries across multiple channels through a unified dashboard.

Managing customer data is essential for all internet businesses. Understanding customers and their needs better can help businesses serve them in a better way. A CRM helps support agents access the necessary information required to respond to customers and close tickets in a timely manner. Additionally, e-commerce companies use CRM to gain a 360-degree view of their customers. They can access all the relevant information such as customer interaction history, past purchases, payment preferences, etc on a single dashboard. 

What online businesses struggle with these days is managing their orders. E-commerce platforms can view and access all the orders on a unified dashboard as well as automate the order fulfillment process using a CRM solution. They can also streamline workflows by seamlessly integrating the CRM with payment, fulfillment, shipping, and enterprise systems. Segmenting and profiling customers is also made easy through a helpdesk. 

A powerful reporting engine in the CRM provides reports and metrics that help e-commerce platforms gain valuable insights into their sales and support processes. Not only does this help in tracking and monitoring your productivity, but helps in making better data-driven decisions as well. Reports related to SLAs, the first response time (FTR), initial turnaround time among many other metrics can help businesses better strategize their support process. 

- Advertisement -

2020 indeed has been a year of crucial changes in terms of working culture as well as business strategies. But along with that technology also has brought with it new opportunities and ideas, especially for e-commerce sectors. With the help of these technological advancements and intelligent CRM tools, e-commerce industries have dramatically grown during this pandemic. 

Stay ahead of the curve, every day.

A daily briefing covering news, interviews, and the trends driving the world forward. Curated for readers who want news, not noise.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Sheshgiri Kamath
Sheshgiri Kamathhttp://kapturecrm.com
Sheshgiri Kamath is a Co-founder & CEO of Kapture CRM

Latest Stories

TECNO to launch CAMON 50 Ultra Smartphone in India

Smartphone maker TECNO has announced the launch of the...

Why does Enterprise need an AI exit strategy before adapting?

From being experimental to being a necessity for any...

How Technology-Led Skilling Is Strengthening India’s Healthcare Services Economy

India’s medical services segment is entering a transformative phase,...

Organic BSC Volume Bot: What Timing Variation Actually Changes

Timing is one of the easiest automation details to...

The AI Studio Economy: SimplifyGenAI’s Gurleen Khurana on Redefining Creative Production

Speaking with TechGraph, Gurleen Khurana explains how generative AI is transforming brand storytelling, creative production, and the rise of integrated AI studios.

StationPC PA100 Pro: The Next-Gen Portable NAS Storage Solution for On-the-Go Professionals

The next-generation PocketCloud (model: PA100 Pro) portable NAS from...

The Borderless Startup: FinStackk CGO Nithin Reddy on Simplifying Financial Operations for Global Founders

Speaking with TechGraph, Nithin Reddy, Co-founder & Chief Growth...

Related Articles

Choosing a White Label Crypto Wallet Company for Business Growth

Discover what businesses should consider when selecting a white label crypto wallet company, from self-hosted solutions to customization and security.

Beyond Tourism: What Is Driving the Real Estate Boom in Goa?

Goa’s real estate market is drawing attention for more than its tourism economy. As infrastructure improves and buyer preferences evolve, the state is witnessing changes that extend beyond seasonal demand.

The Rise of Connected Commerce: Why Real-Time Inventory Visibility Is Becoming a Competitive Advantage

The digital commerce landscape is evolving at an unprecedented pace. As brands expand across...

Sol Volume Bot: Choosing a ChartUp Solana Volume Package

Choosing a ChartUp package should begin with the engineering question, not the largest available...

The AI Studio Economy: SimplifyGenAI’s Gurleen Khurana on Redefining Creative Production

Speaking with TechGraph, Gurleen Khurana explains how generative AI is transforming brand storytelling, creative production, and the rise of integrated AI studios.

StationPC PA100 Pro: The Next-Gen Portable NAS Storage Solution for On-the-Go Professionals

The next-generation PocketCloud (model: PA100 Pro) portable NAS from StationPC has officially been unveiled,...

TECNO to launch CAMON 50 Ultra Smartphone in India

Smartphone maker TECNO has announced the launch of the CAMON 50 Ultra under its premium CAMON series in India on July 17. Designed to attract...

The Borderless Startup: FinStackk CGO Nithin Reddy on Simplifying Financial Operations for Global Founders

Speaking with TechGraph, Nithin Reddy, Co-founder & Chief Growth Officer at FinStackk, discussed how...

The New Collateral in Lending Isn’t an Asset; It’s a Citizen’s Consent

Old habits die hard, and few habits in Indian finance have died harder than...

CasinoBonusesFinder UK: how filters, Telegram alerts and real bonus matching work in practice

Anyone who has spent serious time on casino bonus hunting knows the drill. You...