E-commerce website building platform Shopmatic has over one million merchants in India

Shopmatic, the international e-commerce website building platform, has reached a major milestone with one million Indian merchants joining the platform, which also happens to be Shopmatic’s sixth year of operations in India .

Shopmatic is an e-commerce website building platform from Singapore, which mainly helps small and medium-sized enterprises and self-employed individuals build their own e-commerce businesses. By providing easy-to-use e-commerce tools, it allows merchants to easily build their online stores without technical or coding experience .

In 2020 , Shopmatic achieved $400 million in GMV (gross merchandise volume) from 5 million transactions , and is expected to break this record by the end of 2021. According to Shopmatic's plan, it will reach $3 billion in GMV and have 5 million merchants in the next three years .

Over the past six years, Shopmatic has been investing resources to understand the pain points faced by SMEs and entrepreneurs in emerging markets in India . The platform focuses on merchant needs and comes up with innovative solutions to these problems.

Today , Shopmatic offers merchants four different e-commerce solutions - Chat Selling, Social Selling, Marketplace Selling , and Online Store Selling. This provides flexible options for different types of sellers to find the solution that best suits their needs .

Anurag Avula, Co-founder and CEO of Shopmatic, said : "From helping merchants set up e-commerce stores, to allowing them to choose different ways to run their stores, to allowing merchants to sell through mobile applications , to assembling a large ecosystem of partners, this is truly something we are proud of . "

"Customer centricity has always been Shopmatic 's motto and our technology-driven services reflect our resolve to provide customised solutions to SMEs and entrepreneurs in India . "

According to the editor, the sales rules of the Shopmatic platform are relatively simple . Merchants only need to pay a small fee to the platform every month , and after the transaction is completed, they only need to pay a 3% transaction fee for each order, while Amazon charges a transaction fee of about 15% of the selling price for each order. In this regard, Shopmatic is indeed more attractive to small and medium-sized enterprises.

Shopmatic's success in India is not accidental, because it effectively solves the problems faced by small and medium-sized enterprises. As for its future development, we have no way of knowing, after all, there is a mature Canadian website building platform Shopify eyeing the entire market.

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