Global Wealth Summit 2026 Insights: Digital Brands Expand Offline as Indian Shoppers Favor Physical Stores
Loading more articles...
Digital-First Brands Go Offline: India Still Buys In Stores, Founders Say
M
Moneycontrol•14-03-2026, 17:31
Digital-First Brands Go Offline: India Still Buys In Stores, Founders Say
•Digital-first brands like Purplle and Atomberg are increasingly adopting offline retail strategies, recognizing India's strong consumer preference for in-store purchases.
•Founders at Moneycontrol's Global Wealth Summit 2026 highlighted that physical stores are crucial for scaling businesses and reducing customer acquisition costs.
•Purplle, initially 100% online, now sees 30% of its business from 180+ physical stores, with aggressive expansion plans, especially in Kerala and West Bengal.
•Atomberg's Arindam Paul noted 70% of their business comes from offline channels, despite digital demand generation, emphasizing better profitability in offline retail.
•The Whole Truth's Shashank Mehta stressed that modern brands must build trust through transparency, moving beyond traditional marketing in an informed consumer market.