ONDC Network vs. Traditional eCommerce Platforms: 5 Major Differences You Need to Know
In today’s digital commerce age, understanding the distinct differences between the ONDC network and traditional eCommerce platforms is crucial for businesses aiming to optimise their online operations. The Open Network for Digital Commerce (ONDC) is pioneering a transformative approach that contrasts significantly with established eCommerce models. Let’s delve deeper into these differences and discover how they impact both sellers and consumers.
1. Decentralisation vs Centralisation
Traditional eCommerce platforms operate on a centralised model, where the platform controls the transaction flow, product listings, and customer interaction. The ONDC platform, however, champions a decentralised approach that removes the monopoly these platforms might have, enabling direct interactions between buyers and sellers. How does this shift influence market competition and seller independence?