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We are thrilled to share that Financialexpress.com has featured an enlightening article authored by our Director, Mr. Anshul Agrawal, exploring the profound influence of digitalization on the agarbatti industry.
In a world where online presence is increasingly dominant, our Director’s article provides a comprehensive look into how digital channels, from online sales to social media promotions and e-commerce intricacies, are reshaping the incense market.
Despite the sweeping wave of digital disruption, the agarbatti industry’s online sales landscape remains challenging. The low value-to-volume ratio often discourages bulk orders, and the inability to sample fragrances online keeps traditional brick-and-mortar shops at the forefront of incense sales.
Our Director also delved into the rising role of influencer marketing. While the direct impact of influencers on sales output remains arguable, their extensive followings generate substantial interest in product categories. Influencers help bridge the gap between digital engagement and consumer curiosity, fueling brand visibility.
Additionally, our Director’s article highlights the burgeoning role of quick commerce and last-minute gifting options in boosting incense sales. Curated gift packs, especially during festivals, have become popular as thoughtful and luxurious gifts, driving increased orders. The rise of spirituality and cultural revivalism globally also enhances the appeal of agarbattis as cherished gifts.
Quick commerce has redefined agarbattis as premium gifting options, and the growth of the prayer essentials segment in the FMCG sector is a testament to this shift. The increased demand reflects a broader cultural trend and a growing market segment.
While digital platforms present their own set of challenges, they also offer a thriving environment for those who adapt and innovate. Embracing these digital avenues is key to driving growth and achieving success in today’s dynamic marketplace.
We invite you to read Mr. Anshul Agrawal’s article on Financialexpress.com for a deeper understanding of these trends and insights into the evolving agarbatti industry landscape.