Title: Indian Shoppers Shift to Curated Commerce
1INDIAN SHOPPERS SHIFT TO CURATED COMMERCE
2- Have you endlessly scrolled through E-commerce
pages in search of that elusive product that is
different from all, stopped after sometime and
just flung your phone on the side ? - Human mind gets bogged down with the gazillion
choices made available for its own pleasure
ironically, mind likes lesser stimulus so that
its decision making power functions better.
3- Curated Commerce has taken a small but a hopeful
leap in the retail world. - Conceived to provide select but tasteful products
that arent readily available on bigger sites,
curated commerce is the game-changer in the
retail scenario globally.
4- India is catching up too, in time. From a mere
680 billion market in 2017, the Indian retail
industry is expected to be worth a whopping 1.2
trillion by 2020 as per Indian Retailer. - But as the consumer behavioural psychology works,
the desire to look and feel different from others
is never going to go away.
5- Shopping through the large retail sites is an
exercise in searching page after page for a
specific product, while scouring hyper-local
review websites, home-grown designer shops and
smaller online stores is a new way to discover
unique, interesting products that are hard to
find on large or generalist retail sites. - The erstwhile scenario of shopping from retail
giants for heavy discounts is now shifting
towards curated shopping experience for the sheer
ease in shopping.
6- RISE OF CURATED COMMERCE
- Known as curated commerce, this trend is helping
newcomers and smaller designers develop a more
distinctive brand voice while cultivating brand
loyalty and increasing average order values and
sales. - At its core, curated commerce is about organizing
customer segments around niche demographics
(think 30-something high-income women) or
self-identified style profiles (preppy cool) and
offering a limited number of product options
intended to appeal to those customers. -
7- Ciceroni, Gujarats premier Fashion Lifestyle
Hyperlocal Discovery platform, recently forayed
into curated e-commerce with the launch of
Pari-Sangam - its first curated online store.
Pari-Sangam featured a carefully selected
mélange of 11 labels in clothing, accessories
and décor categories from across India.
8- With an engaged digital community of 1.2 lakh
followers across social media platforms, Ciceroni
aimed to ease the journey of a consumer from
discovery to purchase by giving them a direct
shopping option. - Portals like Ciceroni cater to the evolved
aesthetics and sensibilities of urban
millennials. True blue fashion and lifestyle
conscious consumers are shifting their shopping
experiences from giant retailers to smaller
curated online sites in search of local,
hand-crafted and unique products.
9- Shopping through these sites is like entering a
quaint well-curated boutique where everything is
arranged tastefully and each product has a story
to tell.
10- Most of us do not have the time or resources to
hire a personal stylist, but if we did we would
expect that person to understand our lifestyle
and taste preferences the latest fashion or
product trends and have access to designers and
boutiques we dont usually shop from. - We would want our personal shopper to bring us
products that they think we might like, rather
than overwhelm us with too many choices. - And, we would also want to know why we should
love a particular productis there a story behind
this particular item or designer?
11- When we started off, we realized that most
buyers were suffering from brand coma while
browsing through e-commerce sites and yet due to
lack of information on local brands, they would
go back to buying from high street brands and big
retailers. - Vocal for Local has been the underlying
philosophy of Ciceroni right from its inception.
12- We shed light on artisanal labels that were
handcrafted and slow in their approach and
consumers found an alternative platform that
provided them options. Our Curated E-commerce
foray is just one step further to facilitate
buying from these meticulously curated designers
and labels. - -Comments Ms. Neha Sheth, Founder CEO
Ciceroni on why is curated e-commerce the way
forward for retailers.
13- Whether retail e-commerce giant will subset their
offerings through guest curated online stores
within their sites or not is something to be seen
going forward. - Retailers and consumers both are benefitted by
this curated online shopping model as there is
attention to detail and not scale
14- In the world of multiple choices, shoppers will
seek the one - that gives them the best within limited
offerings.
15Contact Us Website https//www.ciceroni.in Emai
l hello_at_ciceroni.in