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Online grocery business models

Choose from different online grocery delivery models.

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Online grocery business models

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  1. Online Grocery BusinessModels

  2. The grocery industry has experienced a drastic change over last few years. Trends have shifted from traditional shopping to online shopping due to emergence of new technology. People worldwide are looking to try different things and online shopping has recently seen a steep rise. If you are an entrepreneur and are looking to invest your money in Online Grocery business, then it is really important to understand the scenario of the current industry in-dept. ➢ ➢ Online grocery business Online grocery business can be classified into: can be classified into: ➢ ➢ ❑Inventory Based Model ❑Click and Collect ❑Multi-vendor market business Model ❑Hyperlocal Grocery Business Model

  3. As the name implies Business ➢ Owner manages the inventory. Stock needs to be filled and ➢ updated regularly to avoid losing customers due to lack of inventory. Big Storage facility for storing the ➢ inventory is recommended

  4. “Zero Inventory Model” ➢ Business is not responsible for ➢ maintaining Inventory. Buyers and Sellers sign up on an E- ➢ commerce platform and connected on that platform. The vendors deal with buyers directly. ➢ Shipping terms and conditions are ➢ decided before. Either sellers take the responsibility or the e-commerce platform.

  5. This mode is aimed at quick delivery service. The ➢ business owner collaborates with local grocery suppliers. This model is suitable for meeting the demand of ➢ customers within the limited geographical area. The success of this model depends on the ➢ relationship between the business owner and local grocery supply store. Similar to Multi-vendor model, grocery business ➢ owner is not required to maintain any inventory.

  6. Click and collect model is great for offline grocery stores. ➢ Offline grocery stores can sign up on the e- commerce platform and can receive the orders from customers for pickup. ➢ Click and Collect feature provides the functionality to grocery store to be offline and online. ➢ For customers, Click & Collect can save time by ordering ahead and getting notified when the order is ready to be picked up and avoid long ques especially during peak time. ➢

  7. ➢ It is really important to have deeper knowledge about the grocery business industry, as this can guide you to choose the business model which is right for you. ➢ Depending on your needs you can consult and hire groceryappsolution developers and start your business.

  8. +1 770 796 0077 aglowid sales@aglowiditsolutions.com

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