AJIO is an e-commerce platform for business. It is based on the O2O business model and offers a curated portfolio of over 2,000 labels. Its primary feature is an online payment process. However, it also offers offline pickup, which allows consumers to cross-check the products they buy before shipping them home. This feature helps improve sales and reduces the waiting time for delivery.
AJIO is a business-to-business (B2B) e-commerce platform
AJIO is an online marketplace where traders sell their products to other businesses. The platform enables businesses to take orders online, deliver them offline, and even let customers pick up their orders in stores. This helps to reduce the time required for delivery, and it also allows sellers to build customer relationships. In addition, the company is offering deep discounts to boost its sales.
AJIO uses artificial intelligence to analyze customer behavior and offer them discounts and offers on products. This means that AJIO sellers can increase sales and ensure that their customers come back to buy again.
It leverages the O2O business model
O2O is a powerful tool that allows businesses to extend their reach to customers who are not located near a store. This business model allows businesses to reach a wider customer base and improve in-store sales. Retailers can use O2O to improve their sales by providing a better customer experience and improving customer satisfaction.
In retail, the O2O business model allows businesses to integrate the best features of online and offline stores. It also allows store owners to use the power of online platforms to generate customers while running both their brick-and-mortar stores simultaneously. This model has the potential to transform the retail industry as we know it.
By connecting online and offline businesses, offline businesses can benefit from the newest technology and marketing tools. Businesses can push customers to visit a local store or exchange online discounts for products in their showroom. The O2O business model is becoming increasingly popular, and the market size is growing exponentially.
It has a curated portfolio of over 2,000 labels
The Reliance Industries (RIL) CEO, Mukesh Ambani, says that AJIO contributes over 25 percent of the company’s apparel business. He says the company is “driven by innovation” and that it sells five lakh units daily. The company has more than five lakh listings on its website.
It offers a purchase order (PO) based model
A purchase order is an agreement between a business and a customer. It may be generated in a number of ways. For instance, an auto repair shop may provide a purchase order to a customer following an inspection. Other businesses deliver POs through their accounting department or a sales representative.
AJIO traders can accept and deliver orders through the internet or in person. This reduces the time customers have to wait for delivery. They can also accept payments online, allowing customers to pay for their orders in a secure and fast manner. Additionally, they can use social media to promote their products, earning huge profits.
It has an omnichannel approach
The Jio business model is built on a strong omnichannel approach. It combines Jio marts, Kirana stores, and its production facility into one cohesive ecosystem. It also embraces the social and mobile revolutions. Today, consumers are increasingly using social media to shop, check product ratings, contact content creators, and present customer satisfaction scores. Popular social media tools such as Facebook, Messenger, and Orkut are now becoming a critical part of the retail industry.
To address these needs, AJIO has created an online marketplace where local businesses can list their products. The platform enables relevant buyers to check product listings, make inquiries, book orders, and collect their purchases in-store.