Gender gap narrowing in online business: Study – The New Indian Express

“Forty per cent of the total online businesses using Instamojo are women, with increased interest from women aged above 50.
Published: 12th January 2022 05:55 AM  |   Last Updated: 12th January 2022 05:55 AM   |  A+A-
(Express Illustrations | Somyadip Sinha)
BENGALURU: There is some good news in these pandemic times, with the gender gap in entrepreneurship decreasing in the past two years which highlight the role of social media, influencers and search engine optimisation (SEO) in aiding brand discovery and influencer marketing.
“There was a 13.9 per cent increase in female business owners in 2021, as compared to 2020,” stated a survey conducted by Instamojo, an e-commerce platform for independent business, Direct to Consumer (DTC) brands and Micro, Medium & Small Enterprises (MSMEs) that enables them to start, manage and grow their business online.

The ‘Indian DTC brands eCommerce outlook 2022’ report, launched as part of Instamojo’s study, draws upon the experiences of over 20 lakh small businesses in 2021 with a view on trends to look out for this year. “40 per cent of the total online businesses using Instamojo are women, with increased interest from women aged above 50.
We witnessed over five lakh women visiting the website in 2021,” the study stated. Besides increasing gender parity in entrepreneurship, the report highlighted “heightened attention to data transparency, focus on sustainable packaging and healthy products attention to data transparency, sustainable packaging and healthy products in 2022, rise in social commerce, mobile-first economy with Instamojo witnessing a 23 per cent rise in new users logging in via phones”.
Commenting on the outlook for 2022, Chief Executive Officer (CEO), Instamojo, Sampad Swain said as entrepreneurs and small businesses learn the benefits of selling independently online, the DTC model is expected to catalyse business growth significantly in the coming quarters. 
“In the post-pandemic world, the DTC model can be an effective solution to accelerate business recovery. As we witness the shift of DTC businesses to the online medium, we aim to support the growth journey of more than 2,50,000 small business owners as they strive towards becoming digitally independent,” said Swain.
The study stated that SEO will “become the biggest free acquisition channel for DTC brands in India in 2022. Along with SEO, social media will play an even larger role in aiding brand discovery and influencer marketing will lead the way for organic growth”.The new wave of DTC brands is aware that selling on Instagram, Facebook and YouTube is a profitable choice.
O
P
E
N
Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.
The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.
Hulu renews ‘The Great’ for season three 
Around 50 staffers test COVID positive at BJP headquarters; Delhi Speaker contracts the virus too
India’s Test triumph in Australia last year is one of the greatest: Sunil Gavaskar
COVID-19: Houses likely to function in shifts during Budget session of Parliament
AAP government in Punjab to ensure security to PM, common people: Kejriwal’s jibe at Modi, Congress
Zach Galifianakis, Elizabeth Banks, Sarah Snook to lead Apple movie ‘The Beanie Bubble’ 
Copyright – newindianexpress.com 2022
The Morning Standard | Dinamani | Kannada Prabha | Samakalika Malayalam | Indulgexpress | Edex Live | Cinema Express | Event Xpress
Contact Us | About Us | Careers | Privacy Policy | Search | Terms of Use | Advertise With Us
Home | Nation | World | Cities | Business | Columns | Entertainment | Sport | Magazine | The Sunday Standard

source

Leave a comment

Your email address will not be published.