The 'Voonik' App Combines Multiple Stores on a Single Shopping Platform
Katherine Pendrill — June 11, 2015 — Tech
References: voonik & techcrunch
'Voonik' is a new e-ecommerce application that allows users to access multiple different stores from a single shopping platform. The company is based in Bangalore and its aim is to help shoppers more easily navigate Asia's rapidly expanding e-commerce market.
Voonik has an unusual approach to business in that it doesn't carry inventory or handle its own deliveries. Rather, Voonik collects about 500,000 different SKUs products from a number of different retailers and then makes these items available to consumers. For consumers, this model allows them to choose clothes and accessories from a variety of different stores and then purchase these items in a single transaction.
With an overwhelming number of online retailers competing for consumer attention, Voonik's single shopping platform helps to make online shopping a more streamlined process.
Voonik has an unusual approach to business in that it doesn't carry inventory or handle its own deliveries. Rather, Voonik collects about 500,000 different SKUs products from a number of different retailers and then makes these items available to consumers. For consumers, this model allows them to choose clothes and accessories from a variety of different stores and then purchase these items in a single transaction.
With an overwhelming number of online retailers competing for consumer attention, Voonik's single shopping platform helps to make online shopping a more streamlined process.
Trend Themes
1. Multi-store Shopping Apps - Opportunity for app developers to create more convenient and streamlined shopping experiences by combining multiple stores on a single platform.
2. Inventory-less Business Models - Opportunity to disrupt traditional retail models by collecting products from various retailers and offering them on a single platform without the need for inventory or delivery.
3. Streamlined Online Shopping - Opportunity to improve the online shopping experience by providing a centralized platform that allows consumers to easily navigate and purchase from multiple stores.
Industry Implications
1. E-commerce - Opportunity for e-commerce platforms to adopt multi-store shopping features and improve user experience by offering a diverse range of products from various retailers.
2. App Development - Opportunity for app developers to create multi-store shopping apps that simplify the shopping process and provide access to a wide range of retailers and products.
3. Retail Technology - Opportunity for retail technology companies to develop innovative solutions that facilitate inventory-less business models and enable seamless integration of multiple stores on a single platform.
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