Tata Group is planning to launch an all-in-one super app by the end of this year or early next year. Tata Super app will bring together all the consumer-facing businesses of the Tata group. A country or a region becomes super app ready when its large base of the population uses smartphones instead of desktops, and the ecosystem of apps customized to local needs is not evolved. India has over 450 million smartphone users, which means over 60 percent of Indians are accessing wireless broadband through smartphones. Here's Everything You Need to know About the Tata Super App.
What is Super App?
A Super App is many apps within an umbrella app. The concept of the super app was first coined by BlackBerry founder Mike Lazaridis back in 2010. Smartphones are the primary internet access point for many people across the globe. A super app creates an ecosystem where there is no need for them to use a variety of apps.
The first successful super app developed was WeChat by Tencent . WeChat is a Chinese multi-purpose messaging, social media, and mobile payment app that became the world's largest standalone mobile app in 2018, with over 1 billion monthly active users.
What is Tata Super App?
Tata super app will bring Tata’s various consumer businesses under one umbrella. Tata has a reach over 200 million households in India. Soon you could order 'everything' using Tata's super app. Tata's portfolio of products ranges from tea, coffee, water and ready-to-drink to salt, pulses, spices, ready-to-eat and more.
Tata Sons chairman Natarajan Chandrasekaran told the paper, Tata's super app would eventually encompass services from food and grocery ordering to fashion, lifestyle, electronics, insurance, financial services, education, healthcare and bill payments.
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Does India need a Super App?
In a developing country like India, a majority of the users have an affordable smartphone. These phones are restricted in terms of storage. Hence, the user doesn’t have the luxury to keep 20 utility apps installed for each task. A Super App can help bridge this restriction by clubbing all services in one app.
Competitors of Tata Super App
India's super app battle is expected to see a new entrant entrant, As Tata group plans to launch an omnichannel digital platform bringing together its various consumer businesses Tata Super App.
Paytm
Paytm began as a payments platform and has evolved into providing a range of services. Paytm became India's only super app by offering 200 services to its users. Paytm is heading towards becoming India's leading super app. The various products and services offered by Paytm are
- Paytm Mall
- Paytm Payments Bank
- Paytm Money
- Gamepind
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- Paytm Smart Retail Services
- Payment systems
- Digital wallets
- Mobile payments
- Banking
- Online shopping
Facebook and Jio plan to transform India’s most popular app WhatsApp, with about 400 million users, into a Super App. It poses a new challenge to Paytm’s plan to be the leading super app in India.
Read more at Facebook-Jio deal to Turn WhatsApp into Super App like WeChat in China
Amazon
The popular perception is that Amazon is gearing towards becoming India’s first super app, but it does not comply with the core principle of super app which is services should be bundled together. Its unclear that will amazon jump on the bandwagon of super app or not.
List of products and services offered by Amazon
- Retail goods
- Amazon Prime
- Consumer electronics
- Digital content
- Amazon Studios
- Amazon Games Studios
- Amazon Video
- Video Direct
- Delivery
- Groceries
- Amazon Business
- Amazon Drive
- Private labels and exclusive marketing arrangements
- Amazon Web Services
- Amazon Publishing
- AmazonSmile
- Amazon Local
- Retail stores
- Amazon Home Services
- Amazon Cash/Top Up
Flipkart
Flipkart group is evolving into an super app by offering various services to the consumers like E commerce, Flipkart Supermart, Flipkart video and many more.
The idea of the super app sounds exciting and has worked well in China, there are concerns can it win in India’s diverse and complex market. Consumers in India want to check different options before making any purchase decision and opt to opt for the best offers before making any purchases. It will be too early to comment on anything about the success of the Tata super app but since it's from such well known and respected brand it could be a success in India.
Author: Arbaaz sayed
Source : https://startuptalky.com/everything-about-super-app/
Date : 2020-08-26T04:49:19.000Z