Case Study: JioMart - A New Giant in Digital Grocery Ecosystem
Journal: International Journal of Science and Research (IJSR) (Vol.9, No. 10)Publication Date: 2020-10-05
Authors : Srikant Kapoor;
Page : 1134-1136
Keywords : supermarkets; hypermarkets; wholesale; online stores;
Abstract
Grocery was 70 %of Indian retail market with 90 % driven by neighborhood shops. Reliance Industries had launched JioMart, an online grocery store in over 200 towns across the country. JioMart was expected to give a tough competition to prominent grocery delivery services like Amazon, Flipkart and Big Basket in the country. The national roll-out provided customers with a useful alternative to existing players (BigBasket, Grofers) as online grocery orders had spiked, reducing the store visits. Reliance Retail operated neighbourhood stores, supermarkets, hypermarkets, wholesale and online stores. The company had integrated its registered customer database from Reliance Fresh and other retail businesses into JioMart. Reliances presence in consumer electronics, fashion, lifestyle and grocery segments wasalready strong. Its retail business had crossedRs 45, 000 crore in revenue in the December quarter of 2019.
Other Latest Articles
- The Strategy of Integrated Marketing Communication (IMC) to Maintain the Image of Tourism Products and Attraction at Kawasan Kota Tua Jakarta
- Surgical Site Infection after Gastrointestinal and Hepatobiliary Surgeries - A Retrospective Evaluation from a Single Center of Western India
- Incidence of Glaucoma following Open Globe Injury in a Tertiary Centre
- Tracer Study of Doctoral English Language Education Study Program of Universitas Negeri Makassar
- Modeling and Simulation of Adsorption Refrigeration System Using Low-Grade Thermal Energy
Last modified: 2021-06-28 17:13:38