Get out of anti-trust case free card!
Reliance Retail, launched in 2005, has a sales presence through11,784 stores and sales worth ₹1,62,936cr ($22.3bn). With an expansion strategy fuelled by help from digital vectors and capital deployment, it is the largest retailer today. The company plans to grow further by enlisting mom-and-pop stores which dominate the retail sector.
Reliance has also entered allied serviced in logistics, AI and more to percolate to Tier 2 and 3 cities in an effort to combine the strengths of Jio and retail. The only obstacle being the arbitration case with Amazon which hinders its deal with Future Group.
While the Competition Commission of India looks into anti-competition as a test for monopolies, the “doctrine of failing firm defence” to umbrella the entire retail segment may rescue Reliance. The real test will be how it contributes to the growth of the industry.
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25% of customers are buying groceries online according to the Nielsen report.
That's why to stay on top today, you have to satisfy their demand and develop an application for your grocery store
The grocery market is in the middle of digitizing and now the market shares are being divided between those who managed to implement the newest technologies and, thus, provide a better customer service and those who didn't.
The influence of digital has raised four times from 14% in 2013 to 56% in 2016, according to the Deloitte report.
Either way, you are able to personalize your app for each category of your clients and, thus, even gain customers with opposing tastes and opinions
The task to convert a new customer into a buyer is 10 times harder than converting an existing one.
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A few bucks to shop for your initial inventory.
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