New Delhi, November,
2023.
Coca-Cola India has
announced its onboarding onto the Open Network for Digital Commerce (ONDC). The
initial association is being supported through Seller App, which will help Coca-Cola
leverage the ONDC network with its data-driven insights, market intelligence and
strategies. Further, Coca-Cola has also launched its own marketplace, the 'Coke
Shop’ exclusively on the ONDC platform. This innovative marketplace will
transform how consumers interact with Coca-Cola products and empower retailers
across the country.
By joining ONDC Network — an initiative of the Department for Promotion
of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry,
Government of India — Coca-Cola India is poised to access a vast and diverse
consumer base in the digital commerce arena, ensuring the widespread
availability of its products.
To facilitate this seamless
experience, SellerApp, the technology enabler, will streamline order management
and inventory tracking and easily identify ONDC orders. Through SellerApp’s
data-driven approach,Coca-Cola’s sellers canidentify trends, patterns, and
opportunities within their specific market segment, enabling them to adjust
their strategies promptly and effectively.
Through the 'Coke
Shop’ marketplace model, Coca-Cola is benefitting retailers by enabling them with
another channel to sell their products whilst simultaneously facilitating
multiple touchpoints for consumers to purchase from. Retailers who have not been
able to access major e-commerce platforms will now have an opportunity to
regain customers and cater to a wider audience.
In order to execute this
model successfully, Coca-Cola has partnered with nStore Technologies, who will
play the role of a ‘Technology Catalyst' enabling retailers to chart their
digital growth strategy with a focus on integrating digital order-to-deliver
and customer engagement solutions for retailers.
Speaking on the
occasion, T Koshy, the MD & CEO of
ONDC, said, "We are happy to see Coca-Cola join onto our network on this transformative
journey and give consumers an exceptional shopping experience while offering expanded choices for buyers on the
network. At ONDC, we aim to empower local retailers, help them build digital
visibility, and boost their business. We look forward to potential
participation from all businesses and all buyers in this network.”
Ambuj Deo Singh,
Vice President Digital Acceleration Office, Coca-Cola India, and Southwest
Asia, added, “ONDC has
truly democratized the e-commerce landscape by empowering sellers with greater
access to digital markets. We are happy to be a part of this journey where the
focus is on transforming the online marketplace by making it more inclusive and
consumer centric. We look forward to a continued association with ONDC.”
Moon Beverages
Limited, the bottling partner for Coca-Cola in India, will be the ‘Network
Participant’ for Coca-Cola’s offerings on ONDC, ensuring consumers have
seamless access to the company’s beverage portfolio in India.
“We’re privileged
to leverage our distribution expertise to ensure that Coca-Cola products are
readily available to our consumers, reflecting the highest standards of quality
and accessibility,” said Anant Agarwal, Promoter, Moon Beverages
Limited.
Brij Purohit,
Co-founder of SellerApp, commented, “The
exponential growth of smartphone users engaging with the ONDC app presents a
remarkable opportunity for brands like Coca-Cola. SellerApp’ssuite of
e-commerce solutions will empower such brands to harness the power of data
analytics, enhancing their visibility, conversion rates, and overall online
performance.”
Pradeep K Sampath, CEO, nStoreReTech Private Limited said, “nStore’s core mission is to fill the gaps in the existing supply chain
effectively and create an Online Union Offline world where discovery and order
happen in the online medium and fulfilment happens from the existing retail
distribution offline. We are happy to collaborate with Moon Beverages Limited;
this model of inclusive commerce is sure to redefine the way we have seen
e-commerce being played out in the market, catalyzed by ONDC.”
This alliance
represents an exciting milestone in Coca-Cola's commitment to innovation and
consumer satisfaction. This exciting new online marketplace will reshape how
retailers and consumers interact with Coca-Cola products and enhance their
overall shopping experience.