{"id":4936,"date":"2020-10-27T11:55:01","date_gmt":"2020-10-27T06:25:01","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=4936"},"modified":"2025-02-12T17:14:15","modified_gmt":"2025-02-12T11:44:15","slug":"online-business-growth-festive-season","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/online-business-growth-festive-season\/","title":{"rendered":"Unlocking Business Growth in the Festive Season &#8211; Chapter 01"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Razorpay partners with a number of businesses &#8211; from enterprises to SMEs &#8211; especially during the festive season, to accelerate their business growth. These businesses are run by entrepreneurs, disruptors, and innovators from all industries and sectors. We have tried to capture the learnings and experiences of all such online successful businesses by weaving a story around <\/span><i><span style=\"font-weight: 400;\">Vedika &amp; Arjun<\/span><\/i><span style=\"font-weight: 400;\">, two characters inspired by our actual customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is chapter 1 of 4 of our <\/span><i><span style=\"font-weight: 400;\">Business Growth<\/span><\/i><span style=\"font-weight: 400;\"> series. Keeping the spirit of festivities alive, we will take you through the journey of a business owner scaling up their efforts to make the most of the festive season a huge success.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meet Vedika, a 32-year-old entrepreneur, founder of a super successful home furnishing company called <em>Decor Wise<\/em>, and the protagonist of our story.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4963 size-large aligncenter\" src=\"https:\/\/razorpay.com\/blog-content\/uploads\/2020\/10\/persona-V-1-1-1024x790.png\" alt=\"business owner persona\" width=\"770\" height=\"594\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/persona-V-1-1-1024x790.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/persona-V-1-1-300x232.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/persona-V-1-1-768x593.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/persona-V-1-1-1536x1185.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/persona-V-1-1-260x200.png 260w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/persona-V-1-1-87x67.png 87w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">The backstory &#8211; How it all started<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Having something of your own brings out the best in individuals, which was also Vedika\u2019s philosophy. Soon after she got a job offer from a leading design agency, Vedika realised that was not her calling.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, she changed roads and decided to start with something of her own.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">The beginnings &#8211; Confusion, decisions &amp; more<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Vedika commenced her independent stint by working as a freelancer. Gradually, as word of mouth spread, customer inflow started increasing rapidly. And step by step, what is today known as<\/span><i><span style=\"font-weight: 400;\"> Decor Wise<\/span><\/i><span style=\"font-weight: 400;\">, was assembled.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The initial years were about getting things right in the first store in Bangalore. Soon, she started getting order requests from Maharashtra, Rajasthan, and the NCR region. Today, <em>Decor Wise<\/em> has four stores in the metro cities and is planning to expand further.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the brick-and-mortar store sales were promising, she also started observing the shift of customers&#8217; interest in online shopping. The pandemic played a major role in her customers wanting to buy her products online. They wanted to read reviews, explore products from the safety of their homes, and get them delivered to the doorstep.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Road to Business Growth &#8211; Because an online presence mattered<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4942 size-large aligncenter\" src=\"https:\/\/razorpay.com\/blog-content\/uploads\/2020\/10\/001-1024x282.png\" alt=\"razorpay business growth\" width=\"770\" height=\"212\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-1024x282.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-300x83.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-768x212.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-1536x424.png 1536w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">She began by creating a website on WordPress but she realised that there was a lot left to be done. With a developer\u2019s help, she built a full-fledged e-commerce website to improve her digital presence. She then had to finalize a payment partner for her business. After multiple conversations with people and some research of her own, Vedika decided that she wanted a payment partner that would meet the following functionalities.<\/span><\/p>\n<h3>Vedika&#8217;s payment gateway checklist<\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><b>International payments support: <\/b><span style=\"font-weight: 400;\">Vedika was looking for a <a href=\"https:\/\/razorpay.com\/payment-gateway\/\">payment gateway<\/a> that would help her accept orders from around the world<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Ability to run offers &amp; EMIs:<\/b><span style=\"font-weight: 400;\"> She realized that she could improve conversions by offering discounts &amp; allowing her customers to pay via EMIs<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Wide variety of payment modes: <\/b><span style=\"font-weight: 400;\">Vedika wanted to ensure she offers her customers every payment mode that there is<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Security for herself and customer: <\/b><span style=\"font-weight: 400;\">She wanted to ensure her own and her customers\u2019 data would be in safe hands<\/span><\/li>\n<li style=\"font-weight: 400;\"><b>Affordable and quick services: <\/b><span style=\"font-weight: 400;\">While she was scaling, she wanted to ensure that the payments partner was affordable and available for support 24&#215;7<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">After shortlisting a couple of payment gateways, she decided to go ahead with <\/span><span style=\"font-weight: 400;\">Razorpay Payment Gateway<\/span><span style=\"font-weight: 400;\">. While Razorpay checked off most of the parameters she had, it also felt like the best fit because:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">She would get access to a dashboard that would give her an overview of all the purchases made, the payments received, and payments due<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">In case a customer demands a refund, she will be able to initiate one instantly by logging into her <a href=\"https:\/\/dashboard.razorpay.com\/signin\">Razorpay dashboard<\/a><\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Unlike traditional banks and a lot of payment gateways, Razorpay&#8217;s Instant Settlements product was one of the USPs for her<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">She was also satisfied with the smooth conversation with the sales and tech teams at Razorpay\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In a span of just about three days, the payment gateway services were up and running for <em>Decor Wise<\/em>. Vedika\u2019s entrepreneurial journey took off as she went live with Razorpay.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Day by day, as she got acquainted with the potential of the internet and social media, she hired a team to scale up her digital marketing efforts. With growth on all folds, came an increase in demand.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">The avenues &#8211; What&#8217;s life without experiments anyway<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">She realized that whenever she showcased her work on Instagram, people would DM asking for details like price, size, material, and more. It was time that she wanted to sell to her potential customers on social media as well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">She checked with the Razorpay team and got started with <\/span><a href=\"https:\/\/razorpay.com\/payment-links\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Razorpay Payment Links<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><span style=\"font-weight: 400;\">With Razorpay Payment Links Vedika was able to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Send links to customers on social media &amp; messengers<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Get paid instantly in a method of her customer\u2019s choice<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Accept partial payments and also automate payment reminders\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In no time, Payment Links became one of the most favourite no-code tools. She would accept partial payments for large orders, send reminders to people to clear their dues, and directly accept payment via any channel like WhatsApp, chatbot, email, Instagram, etc.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Pinchful product pitch, please!<\/span><\/h3>\n<p><i><span style=\"font-weight: 400;\">Recently, Razorpay introduced its <\/span><\/i><a href=\"https:\/\/razorpay.com\/affordability-suite\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span style=\"font-weight: 400;\">Affordability Suite<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> to let businesses run offers and discounts. This suite is designed specifically for businesses like Vedika\u2019s to enable them to run offers and discounts on specific cards and banks. They can also choose to offer <a href=\"https:\/\/razorpay.com\/blog\/cardless-emi-payment-method\/\">cardless EMI<\/a> and pay later options.\u00a0<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Vedika has so far seen a significant improvement in her business&#8217;s numbers and a spike in orders and cart value. She now expects the Razorpay product stack to play a significant role in helping her run a successful online business and unlock growth during the festive season.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Did you, at any point, feel, <\/span><i><span style=\"font-weight: 400;\">\u201cEnough of Vedika. Tell me something else?\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Well, meet Arjun, Vedika&#8217;s husband.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4964 size-large\" src=\"https:\/\/razorpay.com\/blog-content\/uploads\/2020\/10\/Persona-A-1-1-1024x790.png\" alt=\"business persona\" width=\"770\" height=\"594\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/Persona-A-1-1-1024x790.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/Persona-A-1-1-300x232.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/Persona-A-1-1-768x593.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/Persona-A-1-1-1536x1185.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/Persona-A-1-1-260x200.png 260w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/Persona-A-1-1-87x67.png 87w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">The family &#8211; Business Growth &amp; togetherness\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Arjun is the kind of person who gets his energy by helping others. Every year, as the festive season approaches, he helps disabled children sell the craft items that they have worked on through the year.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4943 size-large aligncenter\" src=\"https:\/\/razorpay.com\/blog-content\/uploads\/2020\/10\/001-1-1024x282.png\" alt=\"razorpay festive offers\" width=\"770\" height=\"212\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-1-1024x282.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-1-300x83.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-1-768x212.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/001-1-1536x424.png 1536w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">The confusions &#8211; Declutter in progress<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">With <a href=\"https:\/\/razorpay.com\/payment-pages\" target=\"_blank\" rel=\"noopener noreferrer\">Razorpay Payment Pages<\/a>, Arjun had a\u00a0 custom-branded page for his NGO up and running in a matter of minutes. That too without any design or tech efforts!.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here&#8217;s what made Arjun choose Razorpay Payment Pages:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No setup charges and no coding\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">100+ payment modes and a branded link to share on social media<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Automated 80G receipts sent out to all his donors<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Using Razorpay Payment Pages, Arjun has been able to not only raise funds for disabled children but also lighten up their festival season by selling the craft items they created.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Current scenario towards Business Growth\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Vedika is on her way to <em>#UnlockGrowth<\/em> while adapting to the new world&#8217;s demands, and Arjun has once again found his happy place. They are both now able to power their payments with the Razorpay product suite.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But that\u2019s just the payments side of things. What about the other aspects of running a successful online business? Well, stay tuned for the upcoming chapters of this story to find out how Razorpay will help Vedika reduce operational costs, improve business efficiency, monitor business growth, and manage working capital with ease.<\/span><a href=\"https:\/\/razorpay.com\/blog\/unlock-business-growth-festive-season-chapter-2\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5011 size-full\" src=\"https:\/\/razorpay.com\/blog-content\/uploads\/2020\/10\/footer-a-1.png\" alt=\"razorpay story\" width=\"2400\" height=\"398\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/footer-a-1.png 2400w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/footer-a-1-300x50.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/footer-a-1-1024x170.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/footer-a-1-768x127.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/footer-a-1-1536x255.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2020\/10\/footer-a-1-2048x340.png 2048w\" sizes=\"auto, (max-width: 2400px) 100vw, 2400px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Razorpay partners with a number of businesses &#8211; from enterprises to SMEs. Find out how Razorpay assisted Vedika &#038; Arjun in their business growth journey. <\/p>\n","protected":false},"author":38,"featured_media":16831,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[26,68],"tags":[36,43],"class_list":{"0":"post-4936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-payments","8":"category-entrepreneurship","9":"tag-entrepreneurship","10":"tag-online-commerce"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/4936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=4936"}],"version-history":[{"count":2,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/4936\/revisions"}],"predecessor-version":[{"id":20428,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/4936\/revisions\/20428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/16831"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=4936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=4936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=4936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}