the big switch, no hitch! online grocery stores for a hassle-free household!

Post on 19-Mar-2017

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The Big Switch, No Hitch!Online Grocery Stores for a Hassle-free Household!

The Changing Lifestyles

• New way of living & shopping • Generations rushing to e-shopping

Sales Estimates -2017

• Holiday season sales reached about $1 trillion • Out of which a huge percentage is online shopping

B2C model of business ..

• Direct communication between customer & business

• To the benefit of both

Challenges of eGrocery Store

• Maintaining Inventory• Avoiding out of stock situations• Competing with Brick & Mortar Stores

Benefits of eGrocery Store

• 24*7 shopping on the go• Shopping anytime-anywhere• Instant updates on the latest offers • Notifications about product arrivals

Competing the Brick & Mortar Stores

•Constantly collect customer feedbacks, reviews & ratings•Analyze the Happenings in the e-Store •Enable personalization•Analyze competition

E-commerce – Future Projections

•E-Commerce market to double in China•US has been leading in e-Commerce purchases•Mobile is the future of e-Commerce•Desktop, handheld or smartphone is important to the e-Commerce •Chatbots will drive the future of online store development•Facebook added in-app purchase feature on the messenger platform•E-Commerce spending in US will exceed 600 billion by 2020•In future more and more startups plunging in the e-Commerce chain

Virtual Stores on the Block

Amazon Groceries & Gourmet

Google Express

Tesco

Walmart

Visithttp://www.spec-india.com/services/ecommerce-solutions.html

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