In this engaging episode of the Marketing Show, we are joined by Bharati Balakrishnan the Country Head and Director of Shopify India and Southeast Asia. A thought-provoking conversation that delves into the nuances of commerce, entrepreneurship, and technology in Southeast Asia
Key takeaways include :
- Shift to E-commerce: Around 2010, e-commerce gained traction in Southeast Asia, birthing digital native brands that embraced the online-first approach, marking a pivotal turning point for the industry.
- Traditional Brands Go Digital: Established brands are now prioritizing their online presence for various reasons, including improved brand discovery, direct consumer interaction, and real-time feedback.
- Diverse Commerce Landscape: The diverse nature of Southeast Asia’s commerce landscape demands localization, involving strong partnerships with local payment and shipping providers to facilitate seamless business operations.
- Social Commerce on the Rise: Content-driven commerce, powered by social media, is driving consumer engagement and prompting purchases, fundamentally changing the consumer journey.
- Embracing Omni-channel Strategy: Retailers are realizing the potential of omni-channel approaches, capitalizing on both online and offline channels to reach and engage consumers more effectively.
- Traditional Brands in the Digital Era: Established brands should seize the opportunities presented by technology to amplify their reach, connect with consumers, and adapt to the evolving commerce landscape.
- Commerce’s Dynamic Future: The commerce landscape in Southeast Asia is continuously evolving, presenting opportunities for entrepreneurs, brands, and businesses to thrive and shape the future of commerce.
Guest : Bharati BalaKrishnan Country Head and Director of Shopify India and Southeast Asia
Host : Brian Fernandez
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