ONDC – The Next Big Ecommerce Revolution? | Real Experience

Is ONDC (Open Network for Digital Commerce) the next big revolution in E-Commerce segment or just a hype? Can ONDC take on Amazon, Flipkart, Zomato, Swiggy, Ola, Uber, Blinkit, Zepto, Bigbasket, 1mg, Netmeds, Nykaa, Myntra…all at once? Will ONDC be as big a revolution as UPI?
In this video, we will discuss what ONDC is, how it operates and we will draw a comparison of the benefits and challenges that come along this revolutionary initiative by Indian Government.
ONDC explained in detail. (Hindi)
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About the Video
Open Network for Digital Commerce (ONDC) is a non-profit private company that provides a network platform to democratise e-commerce in India. It is considered as an engine of growth and it is expected to redefine the E-commerce sector entirely.
ONDC has become widely popular due to its highly competitive prices in food delivery, challenging the dominance of established players like Swiggy and Zomato. Many users flocked the platform to avail the products at such cheap prices. However, it comes with its own sets of challenges. Sellers on ONDC platform are able to sell products at such low prices because there’s no intermediary in between to take commission as it is backed by the government. But how efficient is it going to be in the long run?
As some regard it as a revolutionary step, others consider it a mere buzz. In order to decide this, one must be aware of how it functions, what advantages come with this and how it creates challenges in the traditional e-commerce world.

In this video, we’ll cover the following concepts:
1. What is ONDC and how does it work?
2. Which companies are using ONDC in India?
3. Is ONDC public or private?
4. ONDC: Disrupter or enabler of the digital ecosystem?
5. ONDC vs Swiggy
6. ONDC vs Zomato
7. Why food is cheaper on ONDC?
8. How ONDC makes money?
9. What are the advantages of ONDC?
10. What challenges faced by ONDC?
11. How will ONDC survive?
12. User Experience of ONDC
Will people switch from smooth & trustworthy apps like Amazon, Flipkart, Zomato, Swiggy, Ola, Uber, Blinkit, Zepto, Bigbasket, 1mg, Netmeds, Nykaa, Myntra to newer and clunky ONDC options on Paytm, Pincode, Mystore etc.? Let’s find out.
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[AssetYogi]

Enjoy Free Access to select Financial Insights & 1st Chapter of all the courses.

[deepakkumar-rgqh]

सर आपने बहुत अच्छा समझाया मुझे पता है आपने इस ONDC को समझाने के लिए कितनी मेहनत करी होगी क्योंकि ONDC क्या है यह youtube से समझना काफी मुश्किल है

[iXpress]

ONDC is Seller driven project, which aims to pass the benefits to the buyer.
It is in the early stage & services will improve in coming years.

[biplabnayakhaldia]

I am an Amazon seller, They are taking 10 to 30% commission. Their service 1) Easy product cataloging 2) Inbuilt courier service 3) Refund for wrong product received from customer return. 4) Timely payment 5) Easy GST Accounting 6) Easy Customer Care service 7) Loan for business 8) Search engine ranking of product. 9) Product ranking according to customer rating and AI, Good product with reasonable price and availability will always ranks in long run. 10) Free cost and easy Brand Building of small manufacturer product. 11) No server downtime 12)Customer satisfaction.
ONDC will survive if it give all such facilities at 5 to 20% commission.

[linsonkurian]

Good review - there are some YouTubers praisng ONDC like a big game Changer as a propaganda you have done a good pros and cons and mentioned where need improvement.

[varun.bakshi]

• Budget reforms that have efficient asset allocation may help in its sustainability.
• Inviting UI/UX developers through campaigns could be an option.
• Incentives to key players choosing big brands may change their minds eventually leading to engagement.

[RohitSharma-jgym]

I feel ONDC can be a game changer in the areas where the penetration is very poor. ZOmato and Swiggy have limited options in smaller cities and don't exist in most, and that way, they have a lot of potential to begin with.

[SumeetSinghal]

8:22 same about experience, installed it’s app, reviewed and deleted….maybe in future it will get better

[DTUSEM]

ONDC had should come up as a supporting platform for small sellers like helping them in logistics and payments.

[satyajeet]

Upi ke bare me bhi aase hi pehle khayalat the aap jaise logo ke

[prashanthojiyani]

Thanks for Providing a different Prospective on ONDC ❤

Appreciate your Work

[maitresukrit]

Your content and explanation is just best, keep it up brother

[shyamjimishra]

Love u sir from Singapore
Mughe initial hand holding ki jrurut hi invest krne me please help me 🙏🏻
kya aap initial hand holding ka charge bi krte hi?

[Meena-bbfb]

Your review is good. As you said there is a monopoly where the big players suppress small brands and sellers. This is a good initiative from the government and we should support it. Only then will the Indian economy grow and it will give opportunities to small players and brands.

[kunalchaudhari]

Mukul Sir k videos ka wait rehta he best👍

[anonymoussunny]

we ordered some items, some items were missing, there is no such thing like customer care.

[rajeevmaurya]

ITR filing ka video for FY 2022-2023 kab aayega?

[pinakinpadshala]

9:33
Please Don't Give Wrong Information
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आपको जो Deep Discount मीला होगा वो Application की तरफ से होता है...🤗

[akhileshjaiswal]

Good info and ever better presentation

[vinoddubeydubey]

Nice info sir, ecomerce industrial will Growing more