Get All Access for $5/mo

Influencers to Drive Flipkart's Social Commerce on 2GUD Platform 2GUD's social commerce platform will allow users to have an uninterrupted video shopping experience with their favourite influencers showcasing the latest fashion trends, reviewing gadgets, sharing beauty tips and more

By Shipra Singh

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Flipkart

E-commerce giant Flipkart has forayed into social commerce on its platform for refurbished goods 2GUD.

Social commerce refers to using social media communities and interactions for the purpose of online shopping and transaction. 2GUD's social commerce feature will do exactly this with the help of influencer's communities who will assist consumers in buying products online through video shopping experience. Influencers will showcase the latest fashion trends, review gadgets and share beauty tips through videos, the company said in a statement.

Commenting on the same, Chanakya Gupta, Head, 2GUD at Flipkart said "Influencers are changing the landscape of online retail and bringing greater opportunities for social commerce platforms in India. With millions of followers across the country, they have the potential to impact consumer's buying decisions. With this focus, we have specially curated a set of influencers who are best positioned to understand our target audience and help them through their buying decisions on the platform."

The new feature will be available to all the existing users of 2GUD.

Consumers on 2GUD's social commerce platform will be exposed to a feed of videos made by influencers across various topics and categories. They will curate their favorite products as part of their collection in the virtual store, allowing consumers to witness their styling journeys across categories. Not just this, the platform provides a seamless, content-to-commerce experience that allows consumers to shop products which are part of the video without moving away from the video interface.

Social commerce accounts for 15-20 per cent of the online retail market today and is expected to hit the $70 billion mark in the coming decade, as per Flipkart's official statement. With low data costs and an increasing market of first-time internet users in Bharat, especially from Tier 2 and 3 cities, the opportunity for the social commerce industry is growing by leaps and bounds, it further added.

2GUD currently caters to over 600 verticals across new value-driven offerings and existing refurbished product segments. The platform has more than a million customers spanning across more tham 15,000 pincodes in India.

Shipra Singh

Entrepreneur Staff

Freelance Journalist

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Green Entrepreneur®

Why You Need a Contribution Mindset to Thrive in 2024 and Beyond

How to set yourself and your business up for long-term success.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

ChatGPT Users Report Mass Outage, OpenAI Says It's 'Investigating'

ChatGPT's outage was first reported early Tuesday morning.