6%
additional store sales via Fynd Store
90+
active stores using Fynd Store OS
80%
delivered sales (from placed to delivered)
$34,000
avg. monthly store sales via Fynd Store OS
5,772
styles live
Khadim before Fynd Store OS
Khadim began its omnichannel journey in 2019 and adopted an omnichannel in-store solution. By 2022, Khadim decided to explore other alternative omnichannel partners, primarily to increase its profitability.
That’s when Khadim found Fynd in September 2022.
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Khadim x Fynd Store OS - a WOW partnership
Khadim’s expectations from Fynd Store OS?
In its quest to find a new omnichannel partner for higher profitability, Khadim was looking at exploring the following possibilities:
Objectives:
- Increase sales
- Decrease operational costs
- Reduce delivery time
- Reduce cancellations and RTOs
- Reduce the number of COD orders
- Smooth transition from the previous solution in terms of user adoption
Impact after Fynd Store OS
For Khadim
- Reduction in operational cost, increase in profitability
- Reduction in delivery time
- Reduction in cancellations & RTOs
For Khadim’s staff
- Smooth onboarding
- Easy transition from earlier in-store solution to Fynd Store OS
- Ease of operations with additional support
- Hassle-free discount creations
- Higher app activity with an easy-to-use interface
For Khadim’s customers
- Fynd’s customer support for Khadim’s customers
- Easy returns & refunds
- Smooth exchanges
- Personalized experience
- Quick deliveries
Khadim achieves its objectives with Fynd Store OS
Key Achievement #1
Reduction in delivery time
10 days → 4 days
Reduction in logistics costs by
25%
How?
Delivery model by Fynd Store OS
In a regular order journey on Fynd Store OS, the customer places an order from the ordering store. Order is assigned to the store nearest to the delivery pin code. This model allows:
Fynd Store OShas partnered with multiple delivery partners, giving Khadim more choices as compared to the previous omnichannel partner.
Key Achievement #2
Increase in same-day deliveries by
5%
How?
Fynd’s hyperlocal delivery partners like Dunzo and WeFast assure delivery within 2-3 hours.
Same-day deliveries delight customers and also reduce the chances of order cancellations. The sooner an order is delivered, the less the customer reconsiders it. It also reduces their temptation to buy from another brand while they are out shopping. Customers prefer to get their shopping bags back home on the day they went shopping.
Key Achievement #3
Prepaid orders increased by
5%
How?
With the previous in-store omnichannel partner, the number of prepaid orders was almost negligible for Khadim. The brand was looking at reducing COD orders and getting higher prepaid orders. Pushing customers for prepaid options and easy payment options with multiple payment integrations helped Khadim achieve this. Bharat QR is the most preferred prepaid mode of payment with Khadim customers.
Key Achievement #4
Cancellations & RTOs reduced by
30%
How?
Cancellations and RTOs originate from multiple reasons. Hence, to reduce them, multiple factors are instrumental. For Khadim, the following factors dominantly played a role in bringing out the impact:
1) Smooth exchanges
Sizing & fit in footwear is generally a tricky affair, leading to a higher rate of exchanges in this category than in any other category. Khadim also faced higher returns due to this.
With smooth exchange services and additional ops support from Fynd Store OS, Khadim could reduce their return & cancellation rates. Personalized touch, expertise, and extended support from a designated ops team make exchanges smoother on Fynd Store than on other platforms.
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2) Reduced CODs
Customers tend to cancel COD orders more than prepaid orders. An increase in prepaid orders percentage for Khadim also led to a reduction in their cancellation rates.
3) Reduced delivery time
Khadim experienced a drop in cancellations with reduced delivery time. The lower the gap in ‘add to cart’ and ‘delivered’ stage, the less time a customer gets to have second thoughts on their purchase. Chances of the rate of return reduce once the customer has the product in hand.
Fynd Store for store staff
Omnichannel in-store tech was not new for Khadim store staff as they had been using it since 2019 with a different partner. Hence, adopting the technology and concept was not challenging for Khadim store staff.
However, one anticipated challenge was transitioning from the existing partner to Fynd Store OS.
Khadim was delighted not to encounter the anticipated challenge and experienced good user adoption for Fynd Store OS.
Factors responsible for good user adoption of Fynd Store OSat Khadim Stores:
1) Easy-to-use interface
Store staff at Khadim could quickly adapt to Fynd Store OS as its interface is not complicated.
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2) Smooth onboarding
As a standard onboarding process for Fynd Store OS, Khadim’s store staff went through training and documentation offered by the Fynd Store OS team and helped them to adapt to the new in-store technology smoothly.
3) Store visits
Khadim gets a designated area Customer Success Manager (CSM), who stays in touch with the Khadim store staff through WhatsApp groups. The CSM visits the stores frequently to address the concerns and challenges the store staff faces. Exercises like role-play training, feedback, and sharing in-store experiences maintain this connection.
4) Team Motivation
i) Virtual engagement:
For additional store sales, it is important for store staff to stay motivated. Khadim’s store staff leveraged the virtual engagement initiatives by Fynd Store, like sharing the store leaderboard and employee leaderboard.
ii) Rewards and recognition
Khadim store staff gets appreciated and encouraged through the Certificate of Appreciation issued by Fynd Store OS team. Such awards and recognition have led to greater traction by Khadim store staff on Fynd Store OS app.
5) Additional ops support
Khadim has a designated ops team from Fynd Store OS that extends additional ops support to the ground staff. It assists in day-to-day in-store challenges on order processing, helps store staff stay on TAT and reduces the excess burden from the store staff.
6) Contribution to additional sales
Frequent activities like creating collections and sharing on WhatsApp make it easier for Khadim store staff to use these collections and share them with their customers to generate additional sales.
Additional support by Fynd Store OS
1) Dashboard analytics
Khadim has an exclusive real-time dashboard and gets downloadable automated sales reports from Fynd Store. Weekly reviews with the designated Growth Manager help achieve sales targets, build new strategies, and track store-wise growth & performance, based on these dashboards.
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2) App customisation
Khadim wanted a customized UI/UX on Fynd Store OS app. Fynd Store OS’s no-code platform made it convenient and quick to work on the desired customisation. Following are the few customizations added on top of the standard app theme:
1) Addition of collections
Khadim could attract its customers to Fynd Store OS app with customized collections displayed on the home page. These collections included discount-based collections, gender-segregated products, and color-based collections. Customized collection leads to easy browsing, higher product searches, and enhanced customer experience, making it easy for the store staff as well as the customers directly shopping through the distance selling feature.
2) Addition of Khadim Logo
To enhance the branding on the app, Khadim wanted a custom-placed logo on the app home page, which Fynd Store OS could easily customize.
3) Addition of banners
Operating through multiple brands, Khadim wanted additional banners to flash its brands on the app home page.
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Conclusion
In a quest to explore other options for in-tech omnichannel partners for increased profitability, Khadim discovered a wider range of benefits and impact with Fynd Store OS. Standard features & services and additionally, customized services have kept the Khadim x Fynd association fruitful for the brand.
Way forward
As a way forward, Khadim will be integrating more stores on Fynd Store OS, and adding more styles which will enhance the percentage of omnichannel revenue. Also in the pipeline is its warehouse integration on Fynd Platform. Its latest integration with Online Marketplaces Integrations, will soon be live on some leading marketplaces.
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