These days, there is a lot of discussion on social media about the digital e-commerce platform ONDC prepared by the government. ONDC stands for Open Network For Digital Commerce. ONDC is a platform created by the government, which works to connect sellers, customers, and delivery partners. In the coming time, this platform is going to become a huge ecosystem in the field of digital e-commerce. For this reason, many big names associated with the e-commerce sector can join this platform shortly. In the coming times, this platform will work to increase the trend of shopping. In such a situation, it is being said by many experts that shortly, this platform can end the monopoly of Amazon and Flipkart. Let's know how?
Now the question arises how can ONDC reduce the monopoly of Amazon and Flipkart? In this connection, let us understand how this platform can reduce the dominance of these two e-commerce giants.
Suppose you are searching to buy a smartphone on Flipkart. There you are told its price is 30 thousand rupees. Whereas the price of the same smartphone is Rs 31,000 on Amazon. Apart from this, you are getting the same smartphone for 29 thousand rupees on some other platform.
In such a situation, with the arrival of ONDC, you will not need to compare the price of any one product on different platforms. ONDC will provide you with a single window where you will find all the sellers. In such a situation, you will be able to easily buy a better deal by comparing the price.
You will not need to open different applications and look. ONDC is a nonprofit e-commerce platform. It is not made to make a profit. In this case, ordering from ONDC will make things cheaper.
(PC: Freepik)