Overview of online supermarket (Grocery Business) in India

Grocery is one of the most important needs in the lifestyle of human. Nobody can live without having food. In the present situation, they don’t have enough time to prepare proper food. Even they are not having enough time to visit market/supermarket to buy groceries, vegetables, and daily needs. In the same situation online usages and online business is growing up. People started using online portals to buy online grocery in India. By using online supermarket (grocery stores) people saving time and even they are escaping from traffic and pollution which helps for their health too. There is huge demand and huge sales from online supermarkets in India, especially in metro cities like Delhi, Mumbai, Bangalore, Chennai and Hyderabad. So many organizations and web portals started expanding their business and & they are also educating customers/people by giving awareness on online business and providing some special offers.

The offline super market business has been reducing because there is no land to buy in the cities like Bangalore, Mumbai and Delhi. Even the cost of land is too high. To run a supermarket there more demand for shops and they are charging too much as cost. So maintenance charges are more, and they are getting fewer sales. Due to these reasons there are no profits for supermarkets. By facing many issues with offline markets people changes their mindset and lifestyle by choosing online grocery stores. However, the industry of online supermarket startups are attacking consumers in different ways & also some of the online grocery startups are able to exist in the market. Due to this heavy competition the 90% of offline retailer going to close their business. The remaining 10% supermarkets like reliance fresh, Tesco and few are continuing with brand name for their loyal customers.

Industry Analysis - Retail market vs. Online supermarket

At the present situation of the retail market and online supermarket business according to KPMG Company, in India overall online shopping width is 31trillion in 2013-14 and there are expected to grow at 55 trillion by 2018-19 and CAGR of 12-13%. The present growth rate of online supermarket over offline market is 15% which is higher than the GDP of the country. At present the organized market around with 8-10%. There was vital demand in the retail industry it was consistently expanded from 2012 in the industry. The consumer will there to buy the online supermarket, groceries online India by 2020 around 650 million consumer. With this analysis we can say that there is very less scope for retail market over online supermarkets. Most of the people are immigrating to cities; this is also one of the major factors on online supermarkets growth. From online supermarkets people are getting quality products for the fewer prices so they are sticking for online supermarkets.

Due to these reasons many people are trying to invest on online grocery business. Many companies are providing Supermarket Franchise opportunities in India. There are many online supermarkets like Big basket, Onedaycart, Kada, Lallabi Online supermarket and many more are providing online business (franchise) opportunities. Among these Lallabi Online supermarket is a new startup with excellent business plan and very nominal investment. Here you will get more benefits to improve your business. So start franchisee and start earning more profits.