E-commerce boom in India

facebook advertising

E-commerce boom in india , Now everyone is locked inside the house. no shopping from outside world , no visit to grocery store . every one is concerned about the hygiene these days .
Pandemic made people careful decision maker . While they are looking to safety and sale decision .
In India large part of people almost billion people shop offline via unorganized business .
Now in lock down people got the eCommerce options to choose from between MNC to local online stores .
Thousand new website comes in vs already existing website started by young entrepreneurs . While making decisions to buy online . They also looking for offers to save money 💰 with time .
Already big unicorn are in this field expanded to full capacity of shipping to every location possible .
Big-basket started by five Experience business guys . Those who started the business in old age . And the business they started it defines that their is no age of starting a business .
Big basket is unicorn with almost 6 Billion US dollar 🤑 is valuation .
Big-basket started from Bangalore now operate in 60+ locations . which mainly deals in grocery and fresh vegetables .
Same Model Adopted by gofer a grocery shipping startup which ships grocery at home 🏡 with very reasonable price . And have lots of private label on the shelf which gives upto 15% of over all sales . grocers have revenue of 600 million dollar 🤑 annually .
When gofer and big-basket making headlines many other turned their heads towards vs online grocery shipping . milk basket which started as a milk delivery started in noida NCR now ship almost 4000 thousand orders daily lf grocery .
When flip-kart launched a kirana partnership scheme for local retailers it on boarded almost. 200. Thousand kirana store on the flipkart platform for grocery business which is mainly in bangalore region only .
After sale of flip-kart to Walmart at whooping 16 Billion US dollar 🤑 with 88% stake . Walmart on boarded with new strategy offline vs online . In lock down flip-kart not made any major changes to this program .
D-mart which hold highest grocery sale record in India is also incumbent In this . When e grocery market is booming now to get left out side . Dmart also planning and expanding home delivery service to get the online market share .

As all big companies are under fray . then reliance comes in the scene which changes whole grocery delivery business . Jiomart launched in July 2020 officially at only in Navi Mumbai region on beta stage . Now planning to invest almost 5.5 Billion US dollar 🤑 in business which offline with online system .
Jio which is largest telecom company have advantage of user perspective . Which have 450 million subscribers to jio . reliance already have presence in offline market with reliance fresh and reliance store . Now looking take advantage of exprence and the money Mukesh Ambani Company got from foreign investors . Company raised alomost 36000 cores from investor this year . starting from KKR to Silverlake . Reliance industries is most valuable company in India.

Now this race become more intens when TATA group announced that they also looking for ecommerce.
With name of tata super which made available to shoppers to buy From CAR to grocery online got eye of walmart which is looking to invest 25 Billion US dollar 🤑 in tata super app with 25% stake .
Now everyone looking for amazon which is eagerly working on expanding strategy . placing ads to vow seller get on the platform .

Whatever all they do it’s profit for customers and loss to local seller.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *