Page 53 - Edelweiss India Conference 2022 FLIPBOOK
P. 53

New Energy         Digital      Manufacturing   Capital Markets  Human Capital















            audience. For instance, Nykaa in the beauty space largely targets women in the age group
            of 22–35. For online furniture brand Pepperfry, the core audience is generally the 35–45-
            year old segment along with added focus on the mid 20s to mid-30s segment.

            Provide a better omni channel experience


            Several  verticals  that  have  seen  the  emergence  of  large  companies  have  adopted  the
            omnichannel model. This is largely due to the fact that products in these verticals are touch-
            and-feel, wherein consumers value the ability to go to a physical store and experience



            online.  Nykaa,  Pepperfry  and  Lenskart  are  classic  examples  of  digital  platforms  having
            strong physical presence.


            Discovery-led edge
                                                                                            Several verticals
            Most  sub-categories  on  vertical  e-commerce  platforms  are  displayed  pictorially,  and
                                                                                            that have seen

            new products and their features, applications, etc. Companies such as Pepperfry derive   the emergence of
            more  than  90%  of  engagement  from  discovery  rather  than  pure  search.  For  discovery   large companies
            purposes,  Pepperfry  leverages  AR/VR  and  modelling,  emphasises  merchandising,  3D   have adopted the
            images and video content, not to mention how products can be assembled—intricacies   omnichannel model
            that horizontals do not and cannot get into.

             Discovery                            Search
             Consumer  looking  for  ideas,  solutions,


             Education of the consumer is the key focus Transactions completion is the key focus
             Consumers spend higher amount of time  Time spent is lower as consumer focus is on
             on understanding nuances             completing transaction
             Engaging, nuanced content is key to drive  Relevant product portfolio and right price
             engagement                           points are key to complete transaction







            that try products and post their experiences or review products. Consumers prefer a more

            for  building  visual  appeal,  camaraderie  and,  consequently,  sales.  Instagram,  YouTube,
            Tik-Tok, etc. have been major platforms for creating brand positioning and marketing.










                                                                                      Edelweiss Securities Limited  51
   48   49   50   51   52   53   54   55   56   57   58