The global e-commerce market is in a constant state of evolution, with the Open Network for Digital Commerce (ONDC) spearheading this transformation. Get information about what is the future of ecommerce industry in india? In this guide, let’s explore what is ONDC and its abilities, while navigating the ONDC seller registration system and understanding its impact on the online market.
Additionally, we will dive into the mechanics of ordering food and groceries through ONDC via Paytm, and shed light on the subject of ONDC seller registration. This underlines how businesses can leverage this dynamic platform to attain a broader goal marketplace and enhance their boom.
What is ONDC?
The Open Network for Digital Commerce (ONDC) has emerged as a modern initiative with the ambition of reshaping India’s virtual commerce landscape. Officially launched on 31st December, 2022 by the Government of India, the project revolves around tackling the myriad of stressful situations that confront each customer and company inside the online market.
These situations encompass a spectrum, from addressing monopolistic practices to streamlining the user experience stressed through a large number of delivery apps.
ONDC wishes to forge an equitable and fair digital commerce community in which competition flourishes, purchasers are empowered, and luxury is paramount.
How Does ONDC Work?
ONDC assumes the function of a mediator within the global online shopping sphere, bridging the gap between clients and dealers. Just like the Unified Payment Interface (UPI) works, ONDC furnishes a platform accessible through online apps like PayTm, presenting customers with a gateway to a large array of merchandise spanning from culinary delights to modern electronics. If you want to use UPI in your business than check full details of UPI registration.
By consolidating a large number of corporations, ONDC offers users a landscape of selections and competitive pricing, all of the while nurturing an environment of robust competition.
You can also read:- Best Practices For Online Sellers
Features of ONDC
ONDC provides numerous functions for clients and sellers alike, particularly:
- Increased choice and competition: ONDC unites multiple e-commerce dealers, offering customers a wider variety of picks at competitive quotes.
- Lower prices: Prices of products on the ONDC platform are notably competitive, making it an appealing choice for cost-conscious people and families.
- Discounts and promotions: ONDC gives promotional offers and reductions, together with unique offers and free delivery.
- Support for small companies: ONDC provides a platform for small organizations and local sellers to target a much wider patron base.
- Government-backed initiative: Supported via the Department for Promotion of Industry and Internal Trade (DPIIT), ONDC offers customers credibility and warranty.
- Customer useful resource: ONDC guarantees devoted customer support for consumers with order monitoring, payment troubles, and favored inquiries.
You can also read:- How To Run A Successful E-commerce Business
How to Use ONDC on Paytm?
Ordering food and groceries through ONDC via Paytm encompasses simple-to-follow steps:
- Log into the Paytm app.
- Enter ‘ONDC’ inside the search bar or scroll right down to ‘Paytm se ONDC.’
- Choose a selected eating place or menu.
- Select items you want to purchase, then go on to add them to your cart.
- Confirm your delivery by clicking on the ‘Go to Cart’ page.
- Apply any relevant reductions and proceed to the payment.
- Choose your chosen payment approach and complete the order.
You can also read:- Customer Loyalty – PayTM’s First Steps to Retain It
Is ONDC Available in Your City?
ONDC is presently available in some of the states across India, which include Delhi NCR, Maharashtra, Kolkata, Bangalore, Chennai, Hyderabad, and more. Since the launch of the pilot project last year in April, the Government has been expanding throughout the country.
How to Register as a Seller – The ONDC Seller Registration Process
For the ONDC Seller Registration process, you have two alternatives:
Option 1: Join an Existing Seller Network Participant
- This choice of the ONDC Seller Registration is suitable for groups in search of a streamlined method to sell on the ONDC platform.
- Sellers can select to align themselves with dealer network members who are already a part of ONDC. These individuals may also enjoy a presence within the network, simplifying the onboarding method for brand-new dealers.
- By becoming a member of existing members, sellers can leverage the understanding and sources of the dealers and gain assistance when it comes to navigating the ONDC market.
Option 2: Create Your Seller Application and Register
- For companies searching for extra independence and management over their ONDC Seller Registration process, going for a custom seller application is a better choice.
- This method allows sellers to have their devoted platform or software program for promoting products via ONDC.
- To embark on this ONDC Seller Registration process, businesses need to interact with a Technology Service Provider (TSP) affiliated with the ONDC network. TSPs focus on growing and coping with generating answers for organizations, making the ONDC Seller registration technique more efficient.
Steps To Do ONDC Seller Registration
Step 1: Sign up at the seller app’s website:
- Sellers need to browse the website or platform wherein they intend to create their dealer application.
- The website will present a sign-up procedure where dealers can enter their business statistics, personal data, and one-of-a-kind crucial records. This step initiates the ONDC seller registration method.
Also Read:- Flipkart Wholesale Seller – Registration, Login & Documents required
Step 2: Complete your seller profile for KYC and provide the necessary information:
- Once registered, sellers need to finish their vendor profile. This consists of submitting essential documents for Know Your Customer (KYC) verification. Know the entire process of eKYC online registration.
- The ONDC seller registration process calls for sellers to offer records consisting of product information, website information, enterprise emblem, bank account statistics, contact information, cancelled assessments, ID proof, GST number, delivery time, return and cancellation policy, address proof, class of merchandise, enterprise timings etc.
- The completion of the vendor profile ensures that sellers are compliant with regulatory necessities and can participate within the ONDC marketplace.
Also Read:- Best Ways To Be Visible On Flipkart
Step 3: Await your KYC review and approval thereafter:
- After submitting the seller profile and critical documents, sellers must wait for the overview and approval in their ONDC seller registration process.
- KYC evaluation is finished to affirm the authenticity and legitimacy of the vendor and their corporation. This process can take 2-3 days, throughout which the ONDC crew assesses the submitted information.
Step 4: Once approved, your products will be visible on the buyer app through the seller app:
- Upon successful KYC approval, the vendor’s products will become seen to potential customers via the ONDC consumer app.
- This marks the commencement of the vendor’s presence on ONDC, and they can start listing and promoting their merchandise to a wide customer base.
This distinct ONDC seller registration approach guarantees that sellers on ONDC adhere to compliance necessities while offering credibility to customers and facilitating a continuing selling experience within the platform.
You can also read:- How to become a Myntra seller?
Difference Between ONDC and Other Delivery Apps
| Open Network for Digital Commerce | Other Food & Grocery Delivery Platforms |
| Aims to establish a fair and open digital commerce network that encourages competition and user comfort. | Typically operate as centralized marketplaces that connect consumers with restaurants or grocery stores for a commission or charge. |
| The goal is to empower small and medium-sized businesses (SMEs) by integrating them into the platform and giving them with a wider client base. | May or may not focus on helping small businesses. |
| The Indian government, notably the Department for Promotion of Industry and Internal Trade (DPIIT), has given its support. | Absent official support (may differ based on the platform and nation). |
| Aims to offer an organized and simple platform, reducing away with the requirement for multiple delivery apps. | It can be necessary for users to download and use distinct apps for various platforms. |
| When compared to other meal delivery apps, ONDC’s delivery prices are comparatively cheaper, which could result in cost savings for users. | Pricing may differ between platforms and is dependent on each one’s unique pricing policies. |
| Provides access to a large selection of goods from both well-known companies and small, local businesses, encouraging a varied landscape for digital commerce. | Gives users access to goods and services found only within their particular chain of grocers or restaurants. |
| Offers specialized customer service that is embedded into the app to handle any issues or questions users might have. | The quality and accessibility of customer service may differ between platforms. |
| Offered in several Indian locations, such as Delhi NCR, Maharashtra, Bangalore, Chennai, Hyderabad, Kolkata, and others. | The availability of certain platforms may varies, and it may be restricted to particular cities or areas. |
Takeaway
ONDC represents an enormous possibility for India’s virtual marketplace environment. By focusing on equality, personal comfort, and aid for local sellers, it could revolutionize the marketplace. Moreover, dealers can make use of a hassle-free onboarding system and a massive client base via the ONDC seller registration procedure, making it a win-win for both clients and sellers.
Also Read:- How Does Flipkart Manage Its Customer Payments
Furthermore, ONDC’s commitment to promoting transparency and fostering healthy and fair competition ensures a fair, competitive field for corporations and enhances the overall purchaser experience.
FAQs
Q How to register on ONDC?
To register on ONDC (Open Network for Digital Commerce), follow these general steps:
- Visit the ONDC Platform: Start by visiting the official ONDC website or platform.
- Find the Registration Page: Look for a “Register” or “Sign Up” option on the website’s homepage or navigation menu.
- Provide Details: Fill out the registration form with the required information. This typically includes your name, email address, contact number, business details (if applicable), and any other necessary information.
- Verify Your Email or Phone Number: After submitting the registration form, you might need to verify your email address or phone number. This is usually done by clicking on a verification link sent to your email or entering a code sent to your phone via SMS.
- Complete Additional Steps (if any): Depending on the platform’s requirements, you may need to complete additional steps such as providing business documentation, verifying your identity, or agreeing to terms and conditions.
- Submit Registration: Once you’ve filled out all the necessary information and completed any additional steps, submit your registration form.
- Wait for Approval: In some cases, your registration may require approval from the platform administrators. This process might take some time, so be patient.
- Start Using ONDC Services: Once your registration is approved, you should receive confirmation along with instructions on how to start using ONDC services.
Q How does ONDC Work?
By acting as a go-between for different apps, ONDC connects consumers and sellers in the realm of online purchasing. It offers a centralized marketplace where customers may order products from many small and large sellers, research possibilities, and compare costs.
Q What are the benefits of ONDC?
Increased competition and choice, enhanced effectiveness, assistance for small enterprises, reduced costs, special offers, discounts, and availability of regional goods are just a few of the benefits that ONDC provides. Other benefits include government support, customer service, and a broad network of partners.