Things you must Know about ONDC | Open Network for Digital Commerce

Finance

By Economy Simplified June 22, 2022

ONDC Launching Details

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1. ONDC Foundational Pillars

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1. ONDC Foundational Pillars

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1. ONDC Foundational Pillars

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2. Reasons for Introduction of ONDC

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3. How ONDC will solve the Problem?

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4. Hurdles or Threats Faced by ONDC?

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Finance

ONDC - Open Network for Digital Commerce - Pillars, Reasons, Problem

ONDC Launching Details

ONDC Launching Details

The Government intend to breakdown the digital monopolies and duopolies of Giants E-Commerce companies

The Government intend to breakdown the digital monopolies and duopolies of Giants E-Commerce companies

8th of May Government of India has launched the pilot phase of ONDC

8th of May Government of India has launched the pilot phase of ONDC

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1. ONDC Foundational Pillars

1. ONDC Foundational Pillars

a. Open Network

a. Open Network

This will make different Digital Commerce Stores Discoverable on all the apps linked with ONDC. Creating a durable platform for small Vendors

This will make different Digital Commerce Stores Discoverable on all the apps linked with ONDC. Creating a durable platform for small Vendors

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1. ONDC Foundational Pillars

1. ONDC Foundational Pillars

b. Public Infrastructure

b. Public Infrastructure

There is an Idea to develop a large infrastructure where millions of people can easily Buy or sell. The product at low cost.

There is an Idea to develop a large infrastructure where millions of people can easily Buy or sell. The product at low cost.

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1. ONDC Foundational Pillars

1. ONDC Foundational Pillars

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c. Open Ecosystem

c. Open Ecosystem

This will ensure that by inventor’s communities to come up with innovation. creative ideas, and etc. for more benefits of whole process

This will ensure that by inventor’s communities to come up with innovation. creative ideas, and etc. for more benefits of whole process

2. Reasons for Introduction of ONDC

2. Reasons for Introduction of ONDC

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– Inventory Model Effect on Small Retailers – Deep discounting – Anti-competitive business models

– Inventory Model Effect on Small Retailers – Deep discounting – Anti-competitive business models

3. How ONDC will solve the Problem?

3. How ONDC will solve the Problem?

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– Discoverability – Open Protocol for E-Commerce Platforms and Interoperability – Price Comparision

– Discoverability – Open Protocol for E-Commerce Platforms and Interoperability – Price Comparision

4. Hurdles or Threats Faced by ONDC?

4. Hurdles or Threats Faced by ONDC?

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– Listing Space – Trivago Model of Implementation – Parallel Impact on E-Commerce Companies

– Listing Space – Trivago Model of Implementation – Parallel Impact on E-Commerce Companies

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Economy Simplified

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ONDC - Complete Analysis