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A New Chapter for Bissell in the US Market
Bissell, a well-established name in the homecare solutions industry, has made a significant move to re-enter the US market through a strategic distribution partnership. This move marks a new chapter for the brand, as it seeks to expand its presence across both e-commerce and offline channels. With a rich history of innovation and quality products, Bissell is poised to make a strong comeback in the US market.
Key Highlights of the Partnership
Benefits of the Partnership
Bissell Partners with Cavitak to Boost Online Sales and Offline Reach.
Distribution Collaboration: A New Chapter for Bissell
Bissell, a well-established brand in the cleaning industry, has recently announced a strategic distribution collaboration with Cavitak Global Commerce. This partnership marks a significant milestone for the company, as it aims to expand its reach and strengthen its presence in the market.
Key Objectives of the Collaboration
The primary objective of this collaboration is to enhance Bissell’s online presence. By partnering with Cavitak Global Commerce, the company will be able to leverage the latter’s extensive network and expertise in e-commerce to increase its online visibility and sales. Some of the key objectives of this collaboration include:
Offline Store Expansion
In addition to strengthening its online presence, Bissell also hopes to make its products available in offline stores by next year. This move is expected to further increase the brand’s visibility and reach a wider audience.
India’s Growing E-commerce Market
The Indian e-commerce market has experienced significant growth in recent years, driven by increasing internet penetration, a growing middle class, and the rise of mobile commerce. According to a report by the Internet and Mobile Association of India (IAMAI), the e-commerce market in India is expected to reach $150 billion by 2025, with a compound annual growth rate (CAGR) of 20% from 2020 to 2025.
Key Drivers of Growth
Several factors are contributing to the growth of the Indian e-commerce market:
Opportunities for Foreign Companies
Foreign companies can capitalize on the growth of the Indian e-commerce market by:
The brand was earlier being sold in India by Eureka Forbes in 2018.