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Kuchu Kirana Store in Khordha, Bhubaneswar
Hey there, customers! Looking for a reliable place to pick up all your groceries and household items? Your hunt ends at Kuchu Grocery Store & General Store. We are dedicated to keeping your home running smoothly.
At Kuchu Kirana, we offer a wide variety of products. From fresh food products to necessary grocery products, we have it all. Craving a refreshing drink?
What makes us different? Our best service, of course! We make your shopping easy, convenient and smart by delivering all your essentials right to your doorstep.
Why did you choose Kuchu grocery store? Understanding your needs, we strive to make your shopping experience as seamless as possible. Whether you’re restocking household essentials or daily life item, we’ve got you covered.
Ready to enjoy hassle-free shopping? Visit a Kuchu grocery store today and learn the joys of convenient, convenient and reliable shopping. Your trusted partner for all your needs is just a click away!
Visit Our Website: https://kuchucare.vosovyapar.in/
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(via Top 10 Best Online Grocery Shopping App & Website in India 2023)
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India Retail Market Overview: Growth, Trends, and Opportunities
The retail market in India is one of the largest and fastest-growing sectors globally, driven by rapid urbanization, increasing disposable income, and a young, tech-savvy population. India’s retail market has undergone significant transformation, with the rise of e-commerce and evolving consumer preferences reshaping the landscape. According to recent market data, the sector is projected to maintain a strong growth trajectory, with the market size expected to reach over $1.8 trillion by 2030. In this article, we explore the key drivers, trends, and opportunities in India’s retail market.
Key Drivers of the India Retail Market
Growing Middle-Class Population India’s expanding middle class is a significant driver of retail market growth. With rising disposable incomes, more consumers are shifting from need-based to aspiration-driven purchasing behavior, boosting demand across various retail segments, from fashion and electronics to grocery and lifestyle products.
Digital Transformation and E-commerce Boom Digital penetration has surged in recent years, with over 750 million internet users as of 2024. E-commerce platforms like Amazon, Flipkart, and Reliance's JioMart have revolutionized shopping habits, making online shopping a mainstream choice for Indian consumers. The proliferation of affordable smartphones and reliable internet connectivity has further accelerated this shift.
Government Initiatives The Indian government has introduced several policies and initiatives to promote retail growth, including the 'Make in India' campaign, which encourages local manufacturing, and 'Digital India,' aimed at enhancing digital infrastructure. Additionally, the Goods and Services Tax (GST) has simplified the tax structure, making it easier for businesses to operate.
Increased Foreign Direct Investment (FDI) India has relaxed FDI regulations in the retail sector, allowing up to 100% FDI in single-brand retail under the automatic route. This has attracted global retail giants like Walmart, which invested significantly in Flipkart, and IKEA, which opened multiple stores across India, further expanding the organized retail sector.
Key Trends in the India Retail Market
Omnichannel Retailing To cater to diverse consumer preferences, many retailers in India are adopting an omnichannel approach, blending online and offline channels. Leading brands and retail chains are enhancing their digital presence while maintaining physical stores to provide customers with a seamless shopping experience. For instance, Shoppers Stop and Tata Cliq have successfully implemented omnichannel models, allowing customers to explore products both online and in-store.
Rising Popularity of Private Labels Private labels are gaining traction, particularly in the grocery and apparel segments. Retailers like Big Bazaar and Reliance Retail have launched their own brands, offering quality products at competitive prices. Private labels provide higher profit margins and help retailers build customer loyalty by offering unique products.
Focus on Tier-II and Tier-III Cities As the retail market in major metropolitan areas reaches saturation, retailers are expanding their reach to Tier-II and Tier-III cities, where there is a growing middle-class population with significant purchasing power. These regions are less competitive and present untapped potential for retailers, especially in the apparel, electronics, and grocery segments.
Sustainable and Ethical Shopping Preferences Indian consumers are increasingly concerned about sustainability, and retailers are responding by offering eco-friendly products and adopting ethical sourcing practices. Brands like FabIndia and Biba are incorporating sustainable practices into their business models, attracting environmentally conscious customers.
Opportunities and Challenges
Growth Potential in Rural Markets Although urban centers have dominated the retail market, rural India remains largely untapped, accounting for about 65% of the population. Retailers that can adapt to the unique demands of rural consumers stand to gain a significant competitive advantage. With government efforts to improve rural connectivity and infrastructure, access to these markets is improving.
Expansion of Modern Retail Formats Organized retail formats like supermarkets, hypermarkets, and specialty stores are growing rapidly, with companies like DMart and Reliance Retail leading the way. These formats offer a more convenient shopping experience and a wider variety of products than traditional stores, making them appealing to consumers.
Challenges in Logistics and Supply Chain India's retail sector faces logistical challenges, especially in remote and rural areas where infrastructure is less developed. Ensuring efficient supply chain management is crucial for retailers to meet consumer demand and reduce delivery times. Companies are increasingly investing in logistics and warehousing to streamline operations.
Intense Competition in E-commerce While e-commerce has opened up new growth avenues, it also brings intense competition. Global giants like Amazon and Walmart are competing with domestic players like Flipkart and Reliance. This competitive environment drives innovation but also pressures profit margins, pushing companies to find ways to retain customer loyalty.
Future Outlook and Key Takeaways
The India retail market is poised for steady growth, with both organized and unorganized sectors coexisting. E-commerce will continue to play a vital role, supported by technology adoption and favorable government policies. However, brick-and-mortar retail will remain relevant, particularly with the rise of experiential and omnichannel retail models. As India’s middle class expands and disposable income levels rise, the retail sector will continue to evolve, offering diverse opportunities for businesses and investors.
Key Takeaways for Retailers and Investors:
Embrace Omnichannel Strategies: Retailers should focus on integrating online and offline channels to enhance customer experience.
Target Emerging Markets: Expanding into Tier-II and Tier-III cities can unlock new growth opportunities.
Invest in Supply Chain Management: Efficient logistics are essential for maintaining a competitive edge, particularly in remote areas.
Cater to Sustainable Preferences: Offering eco-friendly products can attract a growing base of environmentally conscious consumers.
Buy Full Report for More Insights into the India Retail Market Revenue
Download A Free Report Sample
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Digital Shelf Insights: Indian FMCG Brands
Here, we have analyzed Search, Availability, and Promotions for Biscuits, Chocolates, and Malt Drinks in different online apps like Dmart, Swiggy, BigBasket, Blinkit, etc.
Today, brands are tracking to ensure they get peak keyword rankings, optimum availability, and good discounts, and to do this, Brands need Digital Shelf Analytics.
The FMCG Market Growth
FMCG has been overgrown in the past few years because of digitalization and shifting consumer habits. Factors like government impetus, inflationary pressures, and consumption recovery specify a double growth of FMCG brands. As per NielsenIQ FMCG Snapshot Q2 2022, the development of the FMCG industry is 10.9% in the quarter of June 2022 end, compared to 6% growth in the last quarter. In the second half of 2022, customers will spend more during this festive season. With the shifts taking place, the growth prospects in this segment could only be exploited by businesses that can recognize trends early.
To provide retailers and manufacturers some actionable insights into the e-commerce trends, Actowiz Solutions help them in making well-informed decisions and eventually improve the bottom line. Data-driven perceptions of e-commerce products could help brands optimize supply chains to maximize sales. A business could determine the main areas that need attention depending on the product availability analysis on particular e-commerce channels, related discounts, and zip-code demands & supply statistics.
Let’s go through a few trend analyses and insights about well-known FMCG brands in the Chocolate, Biscuits, and Malt drink categories identified by Actowiz Solutions.
Analytics Procedure: Data Analysis Overview
Data Extract period: January-August 2022
Grocery Retailers pursued: Amazon Fresh, Dmart, Jiomart, BigBasket, Milkbasket, Swiggy
FMCG Brands: ITC, Mondelez, Britannia, Parle, Complan, Nestle, Hershey’s, Boost, Amul
Category followed: Biscuits, Malt drinks, Chocolate
Availability Analysis
Availability of Biscuits, Malt Drinks, and Chocolate on Leading E-Commerce Portals
FMCG brands can use the Availability analytics of Actowiz Solutions to manage their stock and inventory planning. Brands could also make data-driven decisions about product visibility, i.e., recognize which product to list on which platform.
Biscuits had a superior availability (63%) compared to chocolates (56%) across different retailers.
Blinkit and Flipkart Grocery had the lowest availability at 50% and 46%, respectively.
Swiggy and Dmart had over 85% availability in all three categories, having Bigbasket coming after that with 67% availability.
Availability
Manufacturers have the highest product availability on e-commerce platforms.
All five manufacturers have marked around 50% availability in the biscuits category during Jan 2022. Availability gradually grew to 68% during June 2022 and then declined to 63% during Aug 2022.
Mondelez had seen the biggest availability rise with an increase of 23% between Mar-Aug 22.
Unibic experienced the most significant availability drop, dropping 15% between May-Aug 22.
Availability Biscuits
In the category of biscuits, all the five manufacturers have marked around 50% availability during Jan 2022. Availability gradually grew to 68% during June 2022 and then declined at 63% during Aug 2022.
Mondelez had seen the biggest availability rise with an increase of 23% between Mar-Aug 22.
Unibic had experienced the biggest availability drop, dropping 15% between May-Aug 22.
Availability Malt Drinks
Chocolate: Manufacturers having the maximum availability of products on e-commerce platforms
Availability Chocolate
Chocolate availability in all the manufacturers averaged 47% during Jan-22, peaked at 64% during May-22, and decreased to 51% during Aug-22.
From 46% during Jan-22 to 74% during May, Mondelez has seen the most significant increase in availability, trailed by the decline of 68% during August.
Ferrero practiced among the sharpest availability drops. Although the brand availability progressively grew from 77% (January 22) to 94% (July 22), it registered a sharp decline (49%) on August 22.
The availability drop hurts a Brand’s eCommerce in two ways. Not only does a Brand loses sales directly, but poor availability also affects the keyword search rank, which further harms the sales.
Check Digital Shelf Analytics of Actowiz Solutions for insights about how Availability tracking could help you reduce the stock-outs and increase sales. To know more, click here!
Discount Analysis
Retailer-based, location-based, and manufacturer-based discounted trends could get analyzed. The studies could help companies plan appropriate and attractive discount and promotional strategies to improve revenue opportunities.
Which manufacturers have been providing the maximum discounts?
Average discounted rates across different manufacturers were about 9% during Jan 2022 and increased progressively to 14% during Jul 2022. A smaller decline is detected post-July, having a 12% discount registered during Aug 2022.
In the biscuits category, Unibic provided the largest discount (28%), trailed by ITC (20%).
In the Chocolate category, Hershey’s provided the most significant discount (14%), trailed by ITC (12%).
In Malt Drink Category, Amul provided the most significant discount (16%), trailed by Boost (10%).
Get Actowiz Solutions’ Product Digital Shelf Analytics for insights to react to Competitors’ prices and promotions. To know more, click here!
Search Analysis Share
Which brands feature in the top 5 on search’s first page?
Britannia rules the top ten search across various retail platforms online.
Mondelez has the peak share of searches at 62% (Amazon Fresh), while Parle-G has the lowermost search share at 7%.
In the Bigbasket app, Britannia has the maximum search share (62%), whereas Parle-G has the lowermost search share (7%).
Get Actowiz Solutions’ Product Digital Shelf Analytics for insights to react to Competitors’ prices and promotions. To know more, click here!
Conclusion
FMCG is a quickly evolving industry with higher potential growth in the upcoming years. Different FMCG brands should compete to tap the available market opportunities on many factors to ensure that the products get available, visible, and desirable to consumers.
Actowiz Solutions for FMCG Brands
Actowiz Solutions has been dealing with global FMCG brands to drive them towards growth on different e-commerce websites and apps by allowing them to monitor key metrics, identify improvement areas, mention action, and assess interventions’ impact. Actowiz Solutions’ KPIs help Brands to complete the empty spots in the funnel data and help them respond to the competitors on a real-time basis.
If you want to know more about leveraging Actowiz Solutions’ data insights and advanced sales, contact Actowiz Solutions now!
Sources: https://www.actowizsolutions.com/digital-shelf-insights-indian-fmcg-brands.php
#IndianFMCGBrandData#FMCGBrandDataScraping#FMCGBrandDataScrapingAPIs#FMCGBrandDataScraper#ExtractFMCGBrandData#ScrapeFMCGBrandData#FMCGBrandDataExtration#FMCGBrandDataExtractor#FMCGBrandDatasets#FMCGBrandDataCollection
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Web Scraping Data From Jiomart, BigBasket, Amazon, Blinkit & Dmart
What Role Does Web Scraping Product Data from Jiomart, BigBasket, Amazon, Blinkit & Dmart Play in Competitive Analysis?
Introduction: Web scraping is a powerful tool for businesses looking to stay competitive in the digital marketplace. By extracting information from various e-commerce platforms, companies can gain insights into pricing trends, product availability, customer reviews, and more. This data is crucial for making informed decisions about inventory management, pricing strategies, and marketing campaigns.
Using web scraping for e-commerce product data, businesses can monitor their competitors' product listings and adjust their strategies accordingly. It enables them to track price changes, identify popular products, and understand consumer preferences across different platforms. This information is invaluable for optimizing product offerings and enhancing customer satisfaction.
Web scraping services for multiple e-commerce platforms provide the flexibility to gather data from various sources, ensuring a comprehensive market view. Whether it's Amazon, eBay, or smaller niche platforms, these services allow businesses to compile and analyze data efficiently. This multi-platform approach ensures companies can make data-driven decisions aligned with market trends.
Thus, multi-platform product data scraping is essential for businesses aiming to thrive in the competitive e-commerce landscape. By leveraging techniques for web scraping product data from Jiomart, BigBasket, Amazon, Blinkit & Dmart, companies can access critical data that drives growth and innovation in their product offerings and overall strategy.
About Jiomart, BigBasket, Amazon, Blinkit & Dmart
Jiomart, BigBasket, Amazon, Blinkit, and Dmart are leading players in India's retail and e-commerce landscape, offering various products, from groceries to household essentials. BigBasket and Amazon data scraping services enable businesses to extract valuable insights, monitor pricing trends, and analyze product availability, helping them stay competitive and make data-driven decisions in the dynamic market.
Jiomart
Jiomart is a rapidly growing online grocery and retail platform in India, offering various products, from groceries to household essentials. Businesses can leverage Jiomart product data scraping to gather insights on pricing, availability, and customer preferences. Web scraping Jiomart product details enables companies to monitor product listings, optimize pricing strategies, and stay competitive. By extracting and analyzing this data, businesses can enhance their inventory management, tailor their marketing efforts, and provide better customer experiences.
BigBasket
BigBasket is one of India's leading online grocery stores, offering many products, including fresh produce, pantry staples, and household items. Utilizing BigBasket product data extraction allows businesses to gain valuable insights into product offerings, availability, and pricing trends. Companies can scrape BigBasket product prices to monitor competitors, adjust their pricing strategies, and ensure they remain competitive. Businesses can optimize inventory, enhance customer satisfaction, and drive sales growth by analyzing this data.
Amazon
Amazon is a global e-commerce giant that offers various products across various categories, from electronics to clothing and groceries. Amazon product data scraping allows businesses to monitor product listings, prices, and customer reviews. Companies can use Amazon product information scraping to scrape product data from Amazon to understand market trends, optimize their listings, and improve their competitive positioning. This data is crucial for making informed decisions on inventory management, pricing strategies, and marketing campaigns.
Blinkit
Blinkit, formerly known as Grofers, is an online grocery delivery service in India that promises quick delivery of groceries and household essentials. Blinkit product availability scraping enables businesses to monitor real-time stock levels and availability, providing insights into product demand and market trends. Through Blinkit product data extraction, companies can analyze pricing, stock trends, and customer preferences to optimize their offerings. Blinkit and Dmart product data scraping together allows for comprehensive market analysis, helping businesses stay competitive in the fast-paced grocery delivery market.
Dmart
Dmart is a chain of hypermarkets in India known for offering a wide range of groceries, household products, and apparel at competitive prices. Dmart product data extraction is valuable for businesses looking to analyze inventory levels, pricing strategies, and product availability. Dmart inventory data scraping helps companies optimize their supply chain, adjust pricing models, and monitor competitor activity. Combining Blinkit and Dmart product information scraping provides a holistic view of the retail market, enabling businesses to make data-driven decisions that enhance their competitive edge.
How Can Businesses Benefit from Scraping Product Data from Jiomart, BigBasket, Amazon, Blinkit, and Dmart?
Jiomart, BigBasket, Amazon, Blinkit, and Dmart are prominent players in the retail and e-commerce sectors. Each offers a diverse range of products. Understanding their product data can help businesses make informed decisions, optimize strategies, and stay competitive.
Competitive Pricing and Market Analysis: By employing web scraping for Jiomart and BigBasket, businesses can monitor and analyze competitive pricing strategies in real time. This enables them to adjust their pricing to remain competitive, identify market trends, and understand consumer preferences. It provides insights into price fluctuations and promotional offers, allowing companies to make data-driven pricing and inventory management decisions.
Enhanced Inventory Management: Scrape product details from Jiomart and other platforms to help businesses track product availability and stock levels. This data is crucial for optimizing inventory management, preventing stockouts or overstocking, and ensuring a smooth supply chain. Businesses can use this information to align their inventory with demand trends, reduce waste, and improve operational efficiency.
Strategic Decision-Making and Marketing: Accessing comprehensive product data from Amazon, Blinkit, and Walmart enables businesses to perform in-depth market analysis and consumer behavior studies. By integrating insights from Jiomart, BigBasket, and Amazon data extraction, companies can refine their marketing strategies, identify popular products, and tailor their offerings to meet customer needs. This strategic approach enhances customer engagement, boosts sales, and improves brand positioning in a competitive market.
Improved Product Development and Optimization: Scrape Quick Commerce product data to help businesses gain insights into current product offerings, features, and customer feedback. This information helps companies identify gaps in their product lines, innovate new products, and refine existing ones based on market demands and preferences.
Personalized Customer Experience: By analyzing data from Amazon, Blinkit, and Dmart using e-commerce product data scraper, businesses can better understand customer preferences and behavior. This allows for creating personalized marketing campaigns, targeted promotions, and customized product recommendations, enhancing customer satisfaction and loyalty.
Trend Identification and Forecasting: Regularly extracting supermarket data helps businesses identify emerging trends and seasonal patterns. With insights into popular products and market shifts from Jiomart, BigBasket, and other sources, companies can forecast demand, adjust their product offerings, and capitalize on emerging trends before their competitors.
Conclusion: Web scraping for e-commerce product data offers invaluable benefits for businesses seeking to excel in a competitive market. Companies can make informed pricing, inventory management, and product development decisions by leveraging insights from platforms like Jiomart, BigBasket, Amazon, Blinkit, and Dmart. This data helps identify market trends, optimize strategies, and enhance customer experiences through personalized recommendations. Additionally, grocery data collection service provides a strategic advantage by enabling the real-time monitoring of competitors and adapting to changing market conditions. Incorporating the extraction process into business practices empowers organizations to stay ahead of the curve and achieve long-term success in the dynamic e-commerce landscape.
Experience top-notch web scraping service or mobile app data scraping solutions with iWeb Data Scraping. Our skilled team excels in extracting various data sets, including retail store locations and beyond. Connect with us today to learn how our customized services can address your unique project needs, delivering the highest efficiency and dependability for all your data requirements.
Source: https://www.iwebdatascraping.com/web-scraping-product-data-from-jiomart-bigbasket-amazon-blinkit-dmart.php
#WebScrapingProductDatafromJiomart#WebScrapingProductDatafromBigBasket#WebScrapingProductDatafromAmazon#WebScrapingProductDatafromBlinkit#WebScrapingProductDatafromDmart#ExtractEcommerceProductData#EcommerceProductDataScraper#ScrapeQuickCommerceProductData
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"JioMart: Your One-Stop Online Grocery and Retail Destination"
JioMart is a leading online grocery and retail platform in India, offering a wide range of products including fresh fruits and vegetables, dairy, snacks, beverages, personal care items, and household essentials. With a user-friendly interface, JioMart provides a convenient shopping experience through its website and mobile app. Customers benefit from competitive prices, regular discounts, and prompt delivery services. The platform leverages its extensive network to ensure quality and freshness while aiming for a seamless shopping experience. JioMart is part of the Reliance Industries conglomerate, known for its commitment to reliability and customer satisfaction.
website:https://shorturl.at/56HcT
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Mukesh Ambani, the chairman and largest shareholder of Reliance Industries Limited (RIL), has built one of India's most formidable business empires. Here's an overview of the major components of the Ambani business empire:
Mukesh Ambani, the chairman and largest shareholder of Reliance Industries Limited (RIL), has built one of India's most formidable business empires. Here's an overview of the major components of the Ambani business empire:
Reliance Industries Limited (RIL)
1. Petrochemicals and Refining
Refining and Marketing: RIL operates the world's largest refining complex in Jamnagar, Gujarat. The complex has a capacity of processing 1.24 million barrels of oil per day.
Petrochemicals: RIL produces a wide range of petrochemical products including polymers, polyester, and fiber intermediates. It is one of the largest producers of polyester fiber and yarn globally.
2. Oil and Gas Exploration
RIL has significant investments in oil and gas exploration and production. It operates in various locations across India and abroad, with notable projects in the Krishna-Godavari basin.
3. Retail
Reliance Retail: This is the largest retailer in India, offering a wide array of products including groceries, electronics, apparel, and more. Reliance Retail operates various store formats including Reliance Fresh, Reliance Digital, Reliance Trends, and Reliance Mart.
4. Telecommunications
Reliance Jio: Launched in 2016, Jio revolutionized the Indian telecom sector with its affordable data plans and extensive 4G coverage. Jio quickly became the largest mobile network operator in India and has expanded into fiber broadband with JioFiber.
5. Media and Entertainment
Network18: Through its subsidiary Network18, Reliance has a significant presence in the media and entertainment sector. Network18 operates several television channels and digital platforms, including CNN-News18, CNBC-TV18, and moneycontrol.com.
Viacom18: A joint venture with ViacomCBS, it offers a range of entertainment content, including the popular streaming service VOOT.
6. New Ventures and Technology
Jio Platforms: Beyond telecommunications, Jio Platforms aims to be a leading digital services company, encompassing a wide range of services including JioMart (e-commerce), JioSaavn (music streaming), and JioMeet (video conferencing).
Key Strategies and Achievements
Vertical Integration: RIL has successfully integrated various stages of its operations, from raw material production to retail, ensuring control over the supply chain and maximizing efficiencies.
Innovation and Disruption: Through ventures like Jio, RIL has demonstrated a willingness to disrupt existing markets with innovative solutions, reshaping entire industries.
Global Partnerships: RIL has formed strategic alliances with global giants such as BP, Saudi Aramco, Facebook, Google, and Microsoft, enhancing its technological capabilities and market reach.
Sustainability: RIL is committed to sustainability, with initiatives focusing on renewable energy, recycling, and reducing its carbon footprint.
Future Prospects
Under Mukesh Ambani's leadership, Reliance Industries is poised to continue its expansion into new sectors such as renewable energy, digital services, and e-commerce. The group's emphasis on innovation, strategic partnerships, and sustainability will likely drive its growth and solidify its position as a global business powerhouse.
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The A-Z of Jio Mart app: Features, cost, and alternatives
One cannot ignore Mr. Mukesh Ambani, the owner of Reliance Industries and the richest businessman in India when discussing the Indian corporate world.
He has left his mark on some of the most significant industries in India, including media, telecom, retail, oil & gas, and petrochemicals.
Up until this point, Reliance's oil refining sector has been its crown jewel.
JioMart uses an online-to-offline business strategy, working with local merchants to get products from the closest store to the user and delivering them to them.
The company seeks to reform the poorly organized retail industry and assist local store owners whose operations were negatively impacted by online retail stores' aggressive pricing and warehousing practices.
JioMart, the e-commerce platform of Reliance Retail, has already made a significant impact on the Indian retail market since its launch in 2020.
The platform has seen rapid growth in customer acquisition, and it has expanded its product range to include groceries, electronics, fashion, and more.
In conclusion, JioMart is a game-changing app in the Indian e-commerce industry that offers a seamless shopping experience to its users.
With its user-friendly interface, extensive product range, affordable pricing, and timely delivery, JioMart has quickly become a go-to app for millions of users across the country.
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Unpacking the Boom: E-commerce's Impact on Logistics Services in India
In recent years, India has experienced a transformative shift in its retail landscape, largely driven by the exponential growth of e-commerce platforms. This surge in online shopping has not only revolutionized consumer behavior but has also significantly impacted the logistics and supply chain industry across the country. From faster deliveries to last-mile innovations, the rise of e-commerce has reshaped how goods are transported, stored, and delivered in India.
EVOLUTION OF E-COMMERCE IN INDIA
The e-commerce sector in India has witnessed remarkable growth over the past decade. Companies like Flipkart, Amazon, and more recently, Reliance's JioMart, have capitalized on increasing internet penetration and smartphone usage to reach millions of consumers, even in remote areas. The convenience, variety, and competitive pricing offered by these platforms have propelled a shift in consumer habits, with more people opting to shop online for a wide range of products, from electronics and apparel to groceries and daily essentials.
IMPACT ON LOGISTICS INFRASTRUCTURE
The growth of e-commerce has spurred significant investments in logistics infrastructure across India. Traditional supply chains faced challenges in meeting the demands of online retail, which required faster and more efficient delivery mechanisms. As a result, logistics companies have ramped up their capabilities, leveraging technology and automation to streamline operations. Warehousing facilities have expanded, especially near urban centers, to serve as distribution hubs for swift order fulfillment.
LAST-MILE INNOVATIONS
One of the most noticeable impacts of e-commerce on logistics is the focus on last-mile delivery. This final leg of the delivery process, from distribution centers to the customer's doorstep, has seen innovations such as delivery drones, automated lockers, and crowd-sourced delivery models. Companies are experimenting with various strategies to shorten delivery times and enhance customer convenience, a critical aspect in retaining customers in this competitive market.
CHALLENGES AND OPPORTUNITIES
While e-commerce growth presents immense opportunities for logistics providers, it also comes with its set of challenges. The demand for faster deliveries and real-time tracking requires sophisticated logistics management systems, which not all companies are equipped to handle. Moreover, logistics costs can be a significant portion of the overall operational expenses for e-commerce firms, leading to a constant drive for efficiency and cost optimization.
EMPLOYMENT AND SKILL DEVELOPMENT
The expansion of e-commerce has also created employment opportunities, particularly in logistics and transportation. Delivery personnel, warehouse workers, and logistics managers are in high demand, and companies are investing in training programs to develop skilled talent capable of navigating the complexities of modern logistics. This influx of jobs has been particularly beneficial in semi-urban and rural areas, providing livelihoods and economic opportunities to local communities.
SUSTAINABILITY AND ENVIRONMENTAL IMPACT
As e-commerce continues to grow, concerns about its environmental impact have also come to the forefront. The surge in deliveries has led to increased carbon emissions and packaging waste. However, there is a growing emphasis on sustainable practices within the industry, with initiatives such as electric delivery vehicles, eco-friendly packaging, and carbon-neutral logistics operations gaining traction.
FUTURE OUTLOOK
Looking ahead, the symbiotic relationship between e-commerce and logistics services in India is expected to deepen further. Technological advancements like artificial intelligence (AI) and Internet of Things (IoT) will continue to play a pivotal role in optimizing supply chains and enhancing the overall efficiency of logistics operations. The adoption of cutting-edge solutions will enable companies to address evolving consumer demands and maintain a competitive edge in the market.
CONCLUSION
In conclusion, the explosive growth of logistics services in India has fundamentally transformed the logistics landscape, ushering in a new era of innovation and efficiency. The relationship between e-commerce platforms and logistics providers has become more intertwined than ever, with both sectors driving each other's growth. As the ecosystem continues to evolve, the key to success lies in adaptability, technological integration, and a relentless focus on meeting the evolving needs of Indian consumers in this digital age.
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#GroceryDeliveryDataScraping#GroceryDeliveryDataScraper#GroceryDeliveryExtraction#ScrapeGroceryDelivery#GroceryDeliveryDataCollection#GroceryDeliveryScraper#GroceryDeliveryExtractor#GroceryDeliveryScrapingAPI#GroceryDeliveryDatasets
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The Indian retail industry will be worth $2 trillion by 2032.
The Indian retail industry has been steadily growing over the years, and according to Reliance Retail Director, Subramaniam V, it is expected to reach a staggering $2 trillion by 2032. This news comes as no surprise given the rapid pace at which the industry has been developing and expanding.
In recent years, there has been a significant increase in the number of modern retail stores in India. This is due to a number of factors, including the growing middle class, rising disposable incomes, and increased consumer awareness. These trends have led to a shift in consumer behavior, with more and more people opting for modern retail formats such as supermarkets, hypermarkets, and convenience stores.
One of the key players in the Indian retail industry is Reliance Retail, a subsidiary of Reliance Industries Ltd. Reliance Retail operates a wide range of retail formats, including supermarkets, hypermarkets, wholesale cash-and-carry stores, and specialty stores. The company has been at the forefront of the modern retail revolution in India and has been instrumental in driving the growth of the industry.
Reliance Retail has also been investing heavily in technology to improve the shopping experience for customers. The company has launched a number of digital initiatives, including its own e-commerce platform, JioMart, which allows customers to order groceries and other household essentials online and have them delivered to their doorstep. This has been particularly useful during the Covid-19 pandemic when people have been advised to stay at home and avoid going out to crowded places.
The Indian retail industry is also seeing a lot of interest from foreign players. Global retail giants such as Walmart, Amazon, and Ikea have all entered the Indian market in recent years, attracted by the huge potential that the country offers. However, they have had to navigate a number of challenges, including strict regulations around foreign investment in India and sourcing, and the need to adapt to the unique demands of the Indian consumer.
Despite these challenges, the Indian retail industry is expected to continue growing at a rapid pace. With a population of over 1.3 billion and a growing middle class, there is huge potential for the industry to expand even further. In addition, the government of India has been taking steps to support the growth of the retail sector, including launching initiatives such as the National Retail Policy and the Pradhan Mantri Kisan Sampada Yojana.
The National Retail Policy aims to create a conducive environment for the growth of the retail industry in India by providing a level playing field for all players and addressing issues such as infrastructure and taxation. The Pradhan Mantri Kisan Sampada Yojana, on the other hand, aims to develop the food processing sector in the country, which is closely linked to the retail industry.
In conclusion, the Indian retail industry is poised for significant growth in the coming years. With the rise of modern retail formats, the increasing use of technology, and the entry of global players, there is huge potential for the industry to reach new heights. However, there are also challenges that need to be addressed, such as infrastructure and regulatory issues. Nonetheless, with the government's support and the industry's innovation, the Indian retail industry is on track to reach the $2 trillion mark by 2032, cementing its position as one of the key drivers of the Indian economy.
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How Amazon Plans to Compete with other eCommerce Players in India
Too far, the Indian internet has emerged as a theatre for startups and global digital corporations, with rivalries raging between rivals like Flipkart and Amazon, Uber and Ola, as well as Swiggy and Zomato. The nearly 150-year-old Tata Group is allegedly working on a "super app" that will integrate all of its services, including food and groceries, fashion and lifestyle, electronics, insurance, financial services, and education, healthcare, and utilities, into a single platform. Tata Sons chairman Natarajan Chandrasekaran told the Financial Times in August that the company hoped to deploy the app by the end of the year.
The oil-to-telecom company Reliance Industries, which has been in business for over half-century, has made significant investments in the internet area this year, as well as bringing in new investors like Facebook and Google. According to reports, Mukesh Ambani's business, Reliance Industries, also plans to create a super app in conjunction with Facebook. From food delivery to lifestyle retail, Ambani's internet businesses cover the gamut. Experts feel that despite their tardiness, these political heavyweights have a strong chance of winning. For some time now, significant-tech initiatives made by Reliance Industries have been making headlines. In addition to its online lifestyle platform Ajio, Jio presently operates JioMart, a supermarket delivery business in conjunction with WhatsApp. It bought e-pharmacy Netmeds and a 15% interest in online lingerie shop Zivame last month.
Another retailer owned by Reliance Industries is Reliance Digital, which sells gadgets online. Reliance Jewels, the company's retail jewelry division, also maintains a website. Reliance Industries purchased Future Group, a large retailer with a lifestyle retail website, in August. As a result, all that Reliance Industries has to do to build an amazing super app is tie all of these disparate internet companies together into a single UI. And with digital giants like Facebook and Google on its side, it shouldn't be too difficult.
Tata CLiQ, the company's e-commerce business, was established in 2016 and is now active on the market. Despite the lack of success of the internet brand, Trent, the group's retail arm, operates well-known stores including Westside, Zudio, and Landmark and has a proven track record in retail. Tata Group's desire for a super app, in fact, may have something to do with Trent. There is an increase in internet buying because of the Covid-19 epidemic. In addition to e-commerce, the Financial Times reports that Tata's super app would also include financial services and entertainment.
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(via Jiomart vs Dmart: Who is Cheaper and Dominates the Indian Grocery Market)
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Sustainability Initiatives: Greening the Grocery Aisles of JioMart and Amazon Fresh
As the world embraces sustainability as a critical facet of business operations, the e-commerce giants JioMart and Amazon Fresh have stepped up their efforts to green their grocery aisles. Sustainability initiatives have become pivotal in shaping consumer choices and influencing the environmental impact of these platforms. Let's delve into the sustainability initiatives undertaken by JioMart and Amazon Fresh, examining their commitment to eco-friendly practices in the realm of online grocery shopping.
JioMart's Sustainable Endeavors
JioMart, through its parent company Reliance Industries, has emphasized various initiatives to reduce its environmental footprint. The collaboration with local 'kirana' stores plays a role in promoting sustainability by supporting these smaller businesses and minimizing the need for separate transportation networks for deliveries. Additionally, JioMart has been exploring renewable energy options for its operations, striving to incorporate eco-friendly practices in its supply chain.
Packaging Innovation
Efforts in sustainable packaging form a key aspect of JioMart's green strategy. They have been exploring biodegradable packaging materials and promoting reusable packaging solutions to reduce the environmental impact of packaging waste.
Amazon Fresh's Commitment to Sustainability
Amazon, as a global entity, recognizes its responsibility toward environmental stewardship. Amazon Fresh, as part of this larger ecosystem, has implemented various measures to address sustainability concerns.
Reducing Carbon Footprint
Amazon Fresh has been actively investing in renewable energy and sustainability projects to achieve its commitment to reach net-zero carbon emissions by 2040. This includes initiatives like using electric delivery vehicles and solar-powered facilities to reduce its carbon footprint.
Green Packaging Initiatives
Similar to JioMart, Amazon Fresh has been working on sustainable packaging solutions. They are aiming to minimize excess packaging, promote recyclable materials, and introduce more eco-friendly packaging alternatives across their product range.
Collaborative Efforts for a Greener Future
Both JioMart and Amazon Fresh recognize the importance of collaborative efforts to achieve sustainability goals. They have actively engaged with suppliers and partners to encourage sustainable practices throughout the supply chain. Initiatives like incentivizing eco-friendly production methods and advocating for responsible sourcing of products reflect their shared commitment to a greener future.
Conclusion: Embracing Sustainable Grocery ShoppingThe competition between JioMart and Amazon Fresh extends beyond market share and customer convenience—it also encompasses their dedication to sustainability. Their initiatives to reduce carbon footprints, innovate in packaging, and foster eco-friendly practices showcase a shared commitment to greening the grocery aisles of online shopping.As consumers become more conscious of their environmental impact, the success of these platforms will not solely rely on competitive pricing or service but also on their ability to align with customers' values. By fostering a sustainable approach, JioMart and Amazon Fresh are not only transforming the way people shop for groceries online but are also contributing significantly to a more sustainable future.
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Digital Shelf Insights: Indian FMCG Brands
Here, we have analyzed Search, Availability, and Promotions for Biscuits, Chocolates, and Malt Drinks in different online apps like Dmart, Swiggy, BigBasket, Blinkit, etc.
Today, brands are tracking to ensure they get peak keyword rankings, optimum availability, and good discounts, and to do this, Brands need Digital Shelf Analytics.
The FMCG Market Growth
FMCG has been overgrown in the past few years because of digitalization and shifting consumer habits. Factors like government impetus, inflationary pressures, and consumption recovery specify a double growth of FMCG brands. As per NielsenIQ FMCG Snapshot Q2 2022, the development of the FMCG industry is 10.9% in the quarter of June 2022 end, compared to 6% growth in the last quarter. In the second half of 2022, customers will spend more during this festive season. With the shifts taking place, the growth prospects in this segment could only be exploited by businesses that can recognize trends early.
To provide retailers and manufacturers some actionable insights into the e-commerce trends, Actowiz Solutions help them in making well-informed decisions and eventually improve the bottom line. Data-driven perceptions of e-commerce products could help brands optimize supply chains to maximize sales. A business could determine the main areas that need attention depending on the product availability analysis on particular e-commerce channels, related discounts, and zip-code demands & supply statistics.
Let’s go through a few trend analyses and insights about well-known FMCG brands in the Chocolate, Biscuits, and Malt drink categories identified by Actowiz Solutions.
Analytics Procedure: Data Analysis Overview
Data Extract period: January-August 2022
Grocery Retailers pursued: Amazon Fresh, Dmart, Jiomart, BigBasket, Milkbasket, Swiggy
FMCG Brands: ITC, Mondelez, Britannia, Parle, Complan, Nestle, Hershey’s, Boost, Amul
Category followed: Biscuits, Malt drinks, Chocolate
Availability Analysis
Availability of Biscuits, Malt Drinks, and Chocolate on Leading E-Commerce Portals
FMCG brands can use the Availability analytics of Actowiz Solutions to manage their stock and inventory planning. Brands could also make data-driven decisions about product visibility, i.e., recognize which product to list on which platform.
Biscuits had a superior availability (63%) compared to chocolates (56%) across different retailers.
Blinkit and Flipkart Grocery had the lowest availability at 50% and 46%, respectively.
Swiggy and Dmart had over 85% availability in all three categories, having Bigbasket coming after that with 67% availability.
Availability
Manufacturers have the highest product availability on e-commerce platforms.
All five manufacturers have marked around 50% availability in the biscuits category during Jan 2022. Availability gradually grew to 68% during June 2022 and then declined to 63% during Aug 2022.
Mondelez had seen the biggest availability rise with an increase of 23% between Mar-Aug 22.
Unibic experienced the most significant availability drop, dropping 15% between May-Aug 22.
Availability Biscuits
In the category of biscuits, all the five manufacturers have marked around 50% availability during Jan 2022. Availability gradually grew to 68% during June 2022 and then declined at 63% during Aug 2022.
Mondelez had seen the biggest availability rise with an increase of 23% between Mar-Aug 22.
Unibic had experienced the biggest availability drop, dropping 15% between May-Aug 22.
Availability Malt Drinks
Chocolate: Manufacturers having the maximum availability of products on e-commerce platforms
Availability Chocolate
Chocolate availability in all the manufacturers averaged 47% during Jan-22, peaked at 64% during May-22, and decreased to 51% during Aug-22.
From 46% during Jan-22 to 74% during May, Mondelez has seen the most significant increase in availability, trailed by the decline of 68% during August.
Ferrero practiced among the sharpest availability drops. Although the brand availability progressively grew from 77% (January 22) to 94% (July 22), it registered a sharp decline (49%) on August 22.
The availability drop hurts a Brand’s eCommerce in two ways. Not only does a Brand loses sales directly, but poor availability also affects the keyword search rank, which further harms the sales.
Check Digital Shelf Analytics of Actowiz Solutions for insights about how Availability tracking could help you reduce the stock-outs and increase sales. To know more, click here!
Discount Analysis
Retailer-based, location-based, and manufacturer-based discounted trends could get analyzed. The studies could help companies plan appropriate and attractive discount and promotional strategies to improve revenue opportunities.
Which manufacturers have been providing the maximum discounts?
Average discounted rates across different manufacturers were about 9% during Jan 2022 and increased progressively to 14% during Jul 2022. A smaller decline is detected post-July, having a 12% discount registered during Aug 2022.
In the biscuits category, Unibic provided the largest discount (28%), trailed by ITC (20%).
In the Chocolate category, Hershey’s provided the most significant discount (14%), trailed by ITC (12%).
In Malt Drink Category, Amul provided the most significant discount (16%), trailed by Boost (10%).
Get Actowiz Solutions’ Product Digital Shelf Analytics for insights to react to Competitors’ prices and promotions. To know more, click here!
Search Analysis Share
Which brands feature in the top 5 on search’s first page?
Britannia rules the top ten search across various retail platforms online.
Mondelez has the peak share of searches at 62% (Amazon Fresh), while Parle-G has the lowermost search share at 7%.
In the Bigbasket app, Britannia has the maximum search share (62%), whereas Parle-G has the lowermost search share (7%).
Get Actowiz Solutions’ Product Digital Shelf Analytics for insights to react to Competitors’ prices and promotions. To know more, click here!
Conclusion
FMCG is a quickly evolving industry with higher potential growth in the upcoming years. Different FMCG brands should compete to tap the available market opportunities on many factors to ensure that the products get available, visible, and desirable to consumers.
Actowiz Solutions for FMCG Brands
Actowiz Solutions has been dealing with global FMCG brands to drive them towards growth on different e-commerce websites and apps by allowing them to monitor key metrics, identify improvement areas, mention action, and assess interventions’ impact. Actowiz Solutions’ KPIs help Brands to complete the empty spots in the funnel data and help them respond to the competitors on a real-time basis.
If you want to know more about leveraging Actowiz Solutions’ data insights and advanced sales, contact Actowiz Solutions now!
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Kolkata JioMart Delivery Service | Buy Online on JioMart in Kolkata
Do you want to shop online from JioMart Kolkata? Consumers can order products hassle-free from the JioMart website online from various categories such as groceries, clothes for kids, men or women, books, electronics, and more daily-use products. Get on-time doorstep delivery for orders across each district, city, or town of West Bengal. Kolkata is a city in West Bengal, the state of India. It is…
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