the big switch, no hitch! online grocery stores for a hassle-free household!
TRANSCRIPT
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The Big Switch, No Hitch!Online Grocery Stores for a Hassle-free Household!
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The Changing Lifestyles
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• New way of living & shopping • Generations rushing to e-shopping
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Sales Estimates -2017
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• Holiday season sales reached about $1 trillion • Out of which a huge percentage is online shopping
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B2C model of business ..
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• Direct communication between customer & business
• To the benefit of both
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Challenges of eGrocery Store
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• Maintaining Inventory• Avoiding out of stock situations• Competing with Brick & Mortar Stores
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Benefits of eGrocery Store
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• 24*7 shopping on the go• Shopping anytime-anywhere• Instant updates on the latest offers • Notifications about product arrivals
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Competing the Brick & Mortar Stores
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•Constantly collect customer feedbacks, reviews & ratings•Analyze the Happenings in the e-Store •Enable personalization•Analyze competition
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E-commerce – Future Projections
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•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
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Virtual Stores on the Block
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Amazon Groceries & Gourmet
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Google Express
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Tesco
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Walmart
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