let initial euphoria end and wait for these platform to start adding surcharges, delivery charges, platform fee etc to the customer bill. we will see repetition of uber/ola and swiggy/ zomata case.
That's why I still go to my local kirana for ration and Arun bhaiya on the thela for my groceries !! My father worked 10 hours a day on an average and still had time to go out to buy ration and groceries so why not me ?! 😂 Plus too much convenience is NEVER good for the health. I also don't see a lot of benefits of quick commerce as ultimately my costs (for ration and groceries) hardly differ by much if I'm buying from the so called quick commerce websites visa vi my local kirana store/grocery thela. I did an experiment this August/September where I just ordered in every single item from various quick commerce apps. I actually ended up paying 750-1000 rps more than what I used to spend from my local grocery thela and kirana. My average ration spend from Jan to July was 6000-6500 rps monthly for ration/groceries for a single person (I live alone) I actually ended up paying atleast 7000 for both Aug and September where in I bought everything ration/grocery related online. That was a revelation for me !!
the price is already high too.I think this model is no success if kirana stores do the same through whatsapp quick commerce.Also its hostelers or lonely or elderly people who use it.they cannot be profitable
@Ccc47373 zomato now loots people. These platforms are waiting for you to get addicted. Also flipkart is cheaper now most and maybe make losses. Govt has investigating about anti pricing in grocery items as in India losss making pricing is not allowed. Go check rule in constitution. That's why there is no costco in india
By the time this euphoria ends the stores will close, then we will have these online platforms monopoly. The only hope I see is that of ONDC which will enable the small players to fight the big sharks. The government should increase the investment in ONDC
Where was this level playing field when reliance jio offered deep discounts, killed competition, monopolized the market. and now we are left in a telecom cartel managed by jio and airtel. And monthly rental keeps on increasing.
Kuch log humse sha balak bhudhi rahe he...! 2007-08 me jab 3G launch hua tha tab ke Airtel, hutch(voda), idea, bsnl ke rate bata ta hu. Monthly validity -199₹ Only 1GB internet -298₹. Local call & STD call- 1 ₹ &2₹. Sms 1₹. Talktime 100-100-100.=300. Tab har month almost 800-900 per month spend hota tha...now compare 2007-08 ka 900 to 2024 ka 900 by adjusting inflation. It would be 3000₹ now. For 3G speed we have to spend 1000 per month. Now we spend 250₹ per month for 4/5G network with 1 gb per day. All thanks to Mukesh Ambani and jio.
Kirana store walo ke pass bahut maal hai dusara business kar lo digital India behtar india kirana store walo ki dadagiri nahi chalegi nahi chalegi😂😂😂😂😂😂😂
@balajee5003 only if we get monopolies like air india , adani , ambani ....otherwise we need to get rid of kirana , street food vendors , auto rikshaws , small diesel trucks and cows ,dogs from the streets . This is how a country develops . Visit KL , Bangkok . They are called developing cities but they are way ahead of NYC , San Francisco.. india has no liveable city even in the top 300 cities .
just spending too much investor money discounts is not tech. Just search for danzo they are found their way. Just wait for 2-3 years all these quick commerce will collapse like the edutech.
it is not the tech that is scaling their business it is the deep discounts via investor backing and burning cash , i still dont understand why zomato even after having 10,000 cr in hand cash , still raise 8500 cr for expansion and infrastructure purposes , they say it will be used for expansion but everyone knows they will again use it for burning cash , if u wanna use the tech and build a scalable sustainable business onboard some mega kirana stores on the platform make them tech enabled , because if they dont do it someone else will in the future cash burning will not last long , in the open market organic discounts and healthy competition will step in
@@dipzyfication nothing govt will f them and those discounts are not sustainable even flipkart was never profitable.they dont have cloud so they can only earn through advertisement
We’d like to bring attention to a pricing scam affecting consumers and local stores. Many Amazon sellers are artificially inflating MRPs, making discounts look bigger than they are, misleading buyers and putting pressure on small businesses. Local stores offer genuine prices and transparency, but these tactics are drawing customers away. We believe it’s time to raise awareness about this issue to protect consumers and support fair trade. Thanks for considering this story!
Remember how ppl moved from Airtel , Jio to BSNL just for couple of hundred rupees difference per year. Wait for these platforms to start adding delivery fees and Platform fees. It'll just be a WHEN and not HOW..
On Blinkit सिंघाड़ा or waternut is at Rs 30 for 500 gram, while in market it was for Rs 50 for 2 kilo। The problem is not the price but the laziness of people as people don't want to walk to the local store।
Will you like to go into filthy streets with pollution, Parking and driving to get an item of 30 Rupees.. i was in Moscow, there online shopping of quick commerce failed because people love to walk on clean and pollution free streets .
Convenience is first and foremost.. Then in many categories, the sheer volume of selection that online platform offers is mind boggling.. Third the behavior is addictive.. So once you are used to buying from online, then bringing yourself to walk out, visit a store nearby is a tedious job..
These kirana stores were happily over charging with worst customer service. Now when customer has a choice they are crying. This is a natural economic evolution for any developing economy.
Two local kirana stores are closed down in my area near my building, we have zepto , blinkit and Swiggy instamart , One of the kirana was run by couple and one of the spouse was disabled. It was their source of survival. This is sad.
It is not a problem. This is creative destruction. Cars replaced horse carriages, personal computers killed typewriters and typists and mobile phones killed STD / ISD shops...many more such examples. Change is the only constant.
@@balajee5003 Those two points you mentioned are the creativity you are looking for. The logic is simple: You are looking for a deal on whatever you buy-from 10 rupee toothpaste to 10 million rupee homes. The sale goes to whoever gives you the best deal.
@SubramaniamLakshminarayanan I have noticed that discount providers often redirect your attention away from what you truly want, instead making price the primary focus. The more they emphasize discounts, the less attention we pay to quality or long-term value. Discounts can be beneficial in the short term, but when innovation is solely tied to price cuts, it raises questions about its true impact on the economy.
Emotional touch?? These kirana fellows were the same guys who used to mix stones and sell rice. Secondly what level playing field problem is there today? Why cant Kirana stores join hands to form a network to gain better rates from manufacturers and offer better discounts to customers? Dont drag government into everything...
The expenses are on the rise and every one wants to save their hard earned money, the price discrepancies in between same products on offline and online is HUGE, i mean same product are 20-40% extra offline , Its not about supporting local, but think about why would any one pay that much extra for same products offline !!
Baniyas have been fleecing their neighbours for decades and decades and now they have met their slayers. Their greed will get exposed when consumers are able to get 30-50% discount off the MRP. Pretty soon you will start treating the cheating retailers with contempt and derision for not reducing even a rupee from the MRP all these decades of buying from him.
Kirana stores will be replaced by big supermarket in new areas but quick commerce won't do that much harm. Kirana stores will continue in smaller layout and old places. Just like Myntra or e-commerce not able to completely replace offline cloth market and same time zudio kind of retail organized player became big day by day with profitability.
@@embeddedprojects2336 Marathi community do have kirana shops its just they do not have a strong supporting network like the mentioned communities Regardless according to this video its a dying business
@@supersagarsagar what I understood from my marathi friend is often there is stigma attached with business particularly like Kirana , scrap as they have less margins and more hard-work. He said it’s difficult to get married if you are in this profession.
It is a gud idea to walk across the road to interact with the kirana guy but seriously where r the Rds n pavements specially in blore for pple to step out Two wheelers drive on the wrong side Makes rd safety for Snr Citizens a frightening experience As it is the Rds r choked wth traffic If home makers too step out I wonder we cld be walking over each other ECommerce is a blessing for pple who want to save time
We have been wholesale supplier to kirana stores since 50 years.Few Shops does close every year, but attributing it to Q-comm is baseless as neither we hv seen a single shop go bust in Delhi among our 2500+ retailers. 45% seems far-fetched
The middle class customer who pays tax and should get the best value. The Kirana stores almost never contribute to the tax base and some of thrm are really well off. Its a way of the customer getting proper value and choice for the tax they pay.
People nowadays are clueless about quality and fair price. After living an online life for few years I have moved back to local markets and shops. Quick commerce is only "ok" if I need something urgently.
Kirana stores have to up their game , they don't give discounts, they don't give GST bills, they charge MRP and pocket the taxes paid by consumers. If they don't evolve obviously they will perish. Traditional retail has to evolve to get at par with quick commerce. If the consumer gets a better pricing the consumer is even ready to buy directly from the manufacturer because India is a very price sensetive market don't blame predatory pricing for it. Quick commerce provides what consumers want at the price they want which offline stores often fail to provide. Most Offline stores are not customer oriented and can never offer the experience the consumer has now become used to. In the future even unbranded products will also move away from offline stores if they don't offer what consumer wants. There is no turning back now , it is the offline stores who have to catch up now.
I have seen few kirana shops ie provision stores as i use one offers one month credit to many of its customers. Will the e commerce gives credit like that I don't think so
@@krisgopi_8 The credit too is e-credit, in the form of your credit card. How does it matter who gives you credit as long as you get what you want at the best price and deal.
@@krisgopi_8 I don't want credit..my kinara guy offers me good discounts on non big FMCG stuff..I buy from him..same time milk guys and super market sell lot of stuff in mrp..those went to zepto
Kirana stores still hold 2/3 of the market and provide well credit facilities which are still not offered by E-commerce or Quick commerce. as we are mentioning their is a some decline in their market share, but nobody is mentioning how they are earning high profit and are not paying any taxes, there are some kirana stores which mark more than MRP, we need to regulate these market as these are come under unorganized sector. no need to fear these kirana are no going anywhere we still have large population which lack digital literacy and they hold high trust on these kirana stores, Me (23 yr old from Gen Z population) will be supporting these Quick commerce and start up which are new to market and providing transparent facilities and products
Even though ecommerce players would compete on the packaged products by giving deep discounts, however on fresh products like fruits and vegetables I would still prefer to buy from local street vendors. My personal experience says don't buy clothes, fruits, vegetables online.😊
Kirana stores need to improvise and innovate to survive and is not difficult to at all to pull customers from ecommerce. I always buy veggies from the shop because he offers me free mirchi and dhaniya!!
Land line onsolate ,mobile phone comes now smart phones .28 nos of PSU bank shrinks to just 12 with heavy reduction of branches and vacancies. It is quite natural that who cannot compete with the fast changing technology will ne obsolate and new thinks evolves
The rise of quick commerce is turning into a curse for the Indian economy. Currently, deep discounts are celebrated as "disruption," but they’re largely driven by private equity funds that create an uneven playing field. This trend disadvantages many, leads to job losses, and concentrates wealth in the hands of a few, which is ultimately harmful to society. Without government intervention to ensure fair competition, the negative impacts will continue unchecked. The government should consider implementing a "15:15:60" market share structure to regulate business control: allowing only 15% of any sector to be controlled by corporations, another 15% by local organized businesses, and reserving the remaining 60% for independent local businesses. Without such measures, initiatives like Mudra loans will have limited effect, as local businesses will struggle to compete and face high financial risks due to deep discounting by large firms. Additionally, the government should place some restrictions on corporations promoting direct-to-consumer models to a large extent, as these practices can become inherently anti-innovative.
QComm will have to charge delivery charges sooner than later, and that will change based on how many Kirana stores are there in that area. More stores, less/no charges , No stores, high charges. QComm will disrupt retail environment. First to die will be wholesale vendors next will be small stores
Everyone needs to evolve with time so do kirana stores so all the talk of regulating prices and other tactics to slow down the fastest growing industry that has also created a lot of jobs is not good and customers always deserve the best price and cannot be forced to go back to shop their old way if they are getting better products at better price and also the convenience of saving on time.Pricing need to be left to market dynamics and should not be regulated as we do not live in a country ruled by socialism or if we do so we will be dragging ourselves to the era of the licence raj where every goods price was regulated by the government before our markets were opened to rest of the world.
kirana stores never give discounts the are very expensive as compared to quick commerce so they are facing closure therefore its is perfectly fine as capitalism always favour the public not the one who exploits the consumer
Quality of pulses and cereals are substandard on online shopping platforms and prices are also high humans are living on calcium iron and many more pills to supplement their unhealthy lifestyle its high time they give a thought on this
actually these experts are themselves contradicting the facts..they are focusing on emotional connect with customers but they must be aware that the customer priortises price over emotions thats why old shops who had emotional connect with customer and gave credit still failed to withstand in front of price game ..emotional connect relations all gone in vain...i too was in electrical retail business , tried my best to keep customers happy and i too gave return and replacement facility but still customers preferred to go online bacause my wholesale purchase price was still higher than online retail price...dont belive in margins told in this video kiranas have good margins the real culprit missing in the discussion is the manufactuer who gives bulk discounts to these quick comm and ecomm.. they should be punshed for predatory pricing rather than quick commerce.
Along with Q Commerce, increasing rental costs, electricity costs, fuel cost and inability of kirana stores to store huge stock of goods ( bulk quantities can help kirana stores buy at discount) plus quality issues of kirana are main culprits Also Q Commerce stores are offering similar credits like kirana , like buy now pay later to credit card schemes
Modernation is going to change the dynamics of stores. In long term if india to be developed, all wealth has to go to 1% of population. See all developed nations every stores are under organized sectors. And peoples will become workers under these wealthiest.
Also interms of carbon footprint these quick delivery firm should be made accountable. Than also might help balance the competition and also environment friendly as well.
I have recently stopped milkbasket and went to kirana. Even kiran is not regular sometines . I am not stopping it. I am with kirana . Let ecommerce burn all cash and create balance in society
Govt didnt think twice to implement GST and damage MSME why would think about Discount policy?..it is upto business organisation how much one can offer discount and cash back to his customer...Infact Kirana should change his business model and become a tech savvy smart store to facilitate customers with online availability of this inventory and option to order online and credit
Manufacturer directly dealing with customer via online, bypassing middle man. Another thing if it is not stopped prices may go up, govt may face inflation in prices
There is Always A change going on in this universe we all are not stabble here. Earth is slowly moving downside . These kirana shops has looted genral public.
I still prefer good old DMart. These quick commerce companies are flush with cash now and hence they are able to garner market share. It won't go on forever. As their costs keep rising, they will start charging fees for every minute service they give and that will spell the death knell for these companies. The DMarts and the Reliance Retails of the world will survive but not these kirana shops, unless they change.
a small kirana store cant go online... as they need GST registration and it would increase their compliance cost and extra accounting services, GST filing, etc. apart from then GST department gang will create trouble for any mistake or even for without mistake to extort regular money... This a big challenging with a business having turnover 20-50 Lakhs. 99% Kirana store dont want to fall in trouble under GST. Need to resolve their pain point first.
After checking the ground reality in cosmopolitan like Mumbai I came to know that these terms like quick commerce are only much hyped by these media houses cartels 😆😆
Patil kaka searching the script and busy in reading. Anand be like aree mere piles ka dard uska sochta hai koi..?😂 and Gandotra be like.. Teri English and tera piles ka pain.. main dono sambhalunga .. haan ye baat alag hai, ke mujhe kuch nahi ata.. but esmile..TV par dikhega aaj😅
Have deep pockets, ready to sell below cost, easy funding available to them, cash burning is done to kill competitors, cheap funds available to them they squeeze the manufacturers & suppliers, majority of them are foreign funded,so all the earnings are reparatied, the govt should bring in a mechanism of checks & balances,
Its funny... Do you know why lemme tell you why... Most people would ignore this.. But half the population of India buys product which ranges between ₹5 to let suppose ₹50 or ₹100... Most dont buy from phone..maybe 2 or 3 percent of population buy from phone..Other than that the reason these shops ar affected because in metro people stay in rise building and society so mostly people would not want to drive or walk all the way to shop to buy.. So blinkit and swiggy target people that would pay for service offered... And next thing is credit card... Kirana store dont offer to pay using credit card..
Will you like to go into filthy streets with pollution, Parking and driving to get an item of 30 Rupees.. i was in Moscow, there online shopping of quick commerce failed because people love to walk on clean and pollution free streets .
@@rohitsingh-oj6hp GARIB logo ko lut ban chuki ha ecommerce set one day total India businesses will be destroyed by eCommerce giants....😌😌😌😌JO ECOMMERCE KO SUPPORT KAREGA WO DESH DROHI KEHLAYEGAA...
India's traditional kirana stores ; 😅 what a funny name news anchor is using. Kirana store baniya/ seth/ vaishya caste/ Aggarwal swindler IS MORE appropriate
AICPDF wale chacha chahte hai ki kirana store wale customer ko loote kirana store wale bade arrogant hote hai customer ki value nahi karte gen z in budde kirana store walo ko nahi jel payegi digital india behtar india kirana store walo ke pass bahut maaal hai dusara business kar le 😂😂😂😂😂😂😂😂😂😂😂😂😂
let initial euphoria end and wait for these platform to start adding surcharges, delivery charges, platform fee etc to the customer bill. we will see repetition of uber/ola and swiggy/ zomata case.
That's why I still go to my local kirana for ration and Arun bhaiya on the thela for my groceries !! My father worked 10 hours a day on an average and still had time to go out to buy ration and groceries so why not me ?! 😂
Plus too much convenience is NEVER good for the health. I also don't see a lot of benefits of quick commerce as ultimately my costs (for ration and groceries) hardly differ by much if I'm buying from the so called quick commerce websites visa vi my local kirana store/grocery thela.
I did an experiment this August/September where I just ordered in every single item from various quick commerce apps. I actually ended up paying 750-1000 rps more than what I used to spend from my local grocery thela and kirana.
My average ration spend from Jan to July was 6000-6500 rps monthly for ration/groceries for a single person (I live alone)
I actually ended up paying atleast 7000 for both Aug and September where in I bought everything ration/grocery related online. That was a revelation for me !!
the price is already high too.I think this model is no success if kirana stores do the same through whatsapp quick commerce.Also its hostelers or lonely or elderly people who use it.they cannot be profitable
Lol keep dreaming. Its not initial euphoria. It will last till the time lasts. Small retailers dont even give 10 rupee discount.
@Ccc47373 zomato now loots people. These platforms are waiting for you to get addicted. Also flipkart is cheaper now most and maybe make losses. Govt has investigating about anti pricing in grocery items as in India losss making pricing is not allowed. Go check rule in constitution. That's why there is no costco in india
By the time this euphoria ends the stores will close, then we will have these online platforms monopoly.
The only hope I see is that of ONDC which will enable the small players to fight the big sharks.
The government should increase the investment in ONDC
Where was this level playing field when reliance jio offered deep discounts, killed competition, monopolized the market. and now we are left in a telecom cartel managed by jio and airtel. And monthly rental keeps on increasing.
+1
+1
Kuch log humse sha balak bhudhi rahe he...!
2007-08 me jab 3G launch hua tha tab ke Airtel, hutch(voda), idea, bsnl ke rate bata ta hu.
Monthly validity -199₹
Only 1GB internet -298₹.
Local call & STD call- 1 ₹ &2₹.
Sms 1₹.
Talktime 100-100-100.=300.
Tab har month almost 800-900 per month spend hota tha...now compare 2007-08 ka 900 to 2024 ka 900 by adjusting inflation. It would be 3000₹ now.
For 3G speed we have to spend 1000 per month. Now we spend 250₹ per month for 4/5G network with 1 gb per day. All thanks to Mukesh Ambani and jio.
@@braveindian2628 that's true but back then internet was expensive expensive everywhere
@@braveindian2628 all thanks to 18 years of progress of technology actually.
Law of the nature: the big fish eats small fishes
Wherever the D-mart opens, the condition of all the shops within a range of 10km becomes bad. They getting loss.
It's good for consumers
+1
Kirana store walo ke pass bahut maal hai dusara business kar lo digital India behtar india kirana store walo ki dadagiri nahi chalegi nahi chalegi😂😂😂😂😂😂😂
@@M3ganwillslayin long run its bad for consumers
@balajee5003 only if we get monopolies like air india , adani , ambani ....otherwise we need to get rid of kirana , street food vendors , auto rikshaws , small diesel trucks and cows ,dogs from the streets . This is how a country develops .
Visit KL , Bangkok . They are called developing cities but they are way ahead of NYC , San Francisco.. india has no liveable city even in the top 300 cities .
Most of the Kirana stores don’t pay any taxes.
it is expected. As tech scales, low skill jobs will vanish quickly
deep discounting is no high tech.
just spending too much investor money discounts is not tech. Just search for danzo they are found their way. Just wait for 2-3 years all these quick commerce will collapse like the edutech.
it is not the tech that is scaling their business it is the deep discounts via investor backing and burning cash , i still dont understand why zomato even after having 10,000 cr in hand cash , still raise 8500 cr for expansion and infrastructure purposes , they say it will be used for expansion but everyone knows they will again use it for burning cash , if u wanna use the tech and build a scalable sustainable business onboard some mega kirana stores on the platform make them tech enabled , because if they dont do it someone else will in the future cash burning will not last long , in the open market organic discounts and healthy competition will step in
Not just kirana shops... Quick commerce is coming for all offline shops one by one...
How scary is that!
@@dipzyfication nothing govt will f them and those discounts are not sustainable even flipkart was never profitable.they dont have cloud so they can only earn through advertisement
Brilliant point
Not Medical shop 🗿
@INSANEDIP One mg is killing medical shops
We’d like to bring attention to a pricing scam affecting consumers and local stores. Many Amazon sellers are artificially inflating MRPs, making discounts look bigger than they are, misleading buyers and putting pressure on small businesses. Local stores offer genuine prices and transparency, but these tactics are drawing customers away.
We believe it’s time to raise awareness about this issue to protect consumers and support fair trade. Thanks for considering this story!
Remember how ppl moved from Airtel , Jio to BSNL just for couple of hundred rupees difference per year. Wait for these platforms to start adding delivery fees and Platform fees. It'll just be a WHEN and not HOW..
zomato band kar diya maine
You are not getting the point, people are extremely lazy. When you getting everything at your door with click of some mobile button.
On Blinkit सिंघाड़ा or waternut is at Rs 30 for 500 gram, while in market it was for Rs 50 for 2 kilo। The problem is not the price but the laziness of people as people don't want to walk to the local store।
Will you like to go into filthy streets with pollution, Parking and driving to get an item of 30 Rupees..
i was in Moscow, there online shopping of quick commerce failed because people love to walk on clean and pollution free streets .
Convenience is first and foremost.. Then in many categories, the sheer volume of selection that online platform offers is mind boggling..
Third the behavior is addictive.. So once you are used to buying from online, then bringing yourself to walk out, visit a store nearby is a tedious job..
These kirana stores were happily over charging with worst customer service. Now when customer has a choice they are crying. This is a natural economic evolution for any developing economy.
Two local kirana stores are closed down in my area near my building, we have zepto , blinkit and Swiggy instamart , One of the kirana was run by couple and one of the spouse was disabled. It was their source of survival. This is sad.
It is not a problem. This is creative destruction. Cars replaced horse carriages, personal computers killed typewriters and typists and mobile phones killed STD / ISD shops...many more such examples. Change is the only constant.
Then why you are resisting the farm bill which promote coperate farming over traditional farming.
Other then discounting a product or service where is creativity with quick commerce.
In india it won't work as
Quick commerce doesn't gurantee end to end satisfaction
@@balajee5003 Those two points you mentioned are the creativity you are looking for.
The logic is simple: You are looking for a deal on whatever you buy-from 10 rupee toothpaste to 10 million rupee homes. The sale goes to whoever gives you the best deal.
@SubramaniamLakshminarayanan I have noticed that discount providers often redirect your attention away from what you truly want, instead making price the primary focus. The more they emphasize discounts, the less attention we pay to quality or long-term value. Discounts can be beneficial in the short term, but when innovation is solely tied to price cuts, it raises questions about its true impact on the economy.
Emotional touch?? These kirana fellows were the same guys who used to mix stones and sell rice. Secondly what level playing field problem is there today? Why cant Kirana stores join hands to form a network to gain better rates from manufacturers and offer better discounts to customers? Dont drag government into everything...
While watching this video, i experienced the commercial ads of Zepto, Blinkit and swiggy😂😂
😂
We need millions of SMEs to support big manufacturing. All the Kirana store owners should start one.
The expenses are on the rise and every one wants to save their hard earned money, the price discrepancies in between same products on offline and online is HUGE, i mean same product are 20-40% extra offline , Its not about supporting local, but think about why would any one pay that much extra for same products offline !!
Yes. Lulu and reliance offer 50 percent discount on mrp. Y not shop? Maybe their investment (loans from psbs!) are written off
Baniyas have been fleecing their neighbours for decades and decades and now they have met their slayers. Their greed will get exposed when consumers are able to get 30-50% discount off the MRP. Pretty soon you will start treating the cheating retailers with contempt and derision for not reducing even a rupee from the MRP all these decades of buying from him.
Kirana stores will be replaced by big supermarket in new areas but quick commerce won't do that much harm. Kirana stores will continue in smaller layout and old places.
Just like Myntra or e-commerce not able to completely replace offline cloth market and same time zudio kind of retail organized player became big day by day with profitability.
In Pune I still see marwari kirana shops leading the show.
That's on your opinion 😂
That's a shame it should have been all Marathi owned shops
@@supersagarsagarMarathi do not like to open a kirana store that’s why Gujarati and Marwadi opened it, its same in Mumbai
@@embeddedprojects2336 Marathi community do have kirana shops its just they do not have a strong supporting network like the mentioned communities
Regardless according to this video its a dying business
@@supersagarsagar what I understood from my marathi friend is often there is stigma attached with business particularly like Kirana , scrap as they have less margins and more hard-work.
He said it’s difficult to get married if you are in this profession.
I always go to stores for my purchases, that’s way better not being lazy
It is a gud idea to walk across the road to interact with the kirana guy but seriously where r the Rds n pavements specially in blore for pple to step out Two wheelers drive on the wrong side Makes rd safety for Snr Citizens a frightening experience As it is the Rds r choked wth traffic If home makers too step out I wonder we cld be walking over each other ECommerce is a blessing for pple who want to save time
Kirana stores will not exist if the same continues
No need of kirana
Amazon & Flipkart are still a bigger "foreign" problem
We have been wholesale supplier to kirana stores since 50 years.Few Shops does close every year, but attributing it to Q-comm is baseless as neither we hv seen a single shop go bust in Delhi among our 2500+ retailers. 45% seems far-fetched
This will happen in every sector. Technology will disrupt all traditional jobs and business.
The middle class customer who pays tax and should get the best value. The Kirana stores almost never contribute to the tax base and some of thrm are really well off. Its a way of the customer getting proper value and choice for the tax they pay.
People nowadays are clueless about quality and fair price. After living an online life for few years I have moved back to local markets and shops.
Quick commerce is only "ok" if I need something urgently.
Zomato is like dmart online, where they can provide discount because of volume.
Kirana stores must modernize. Many in Bangalore take whatsapp and phone orders and deliver free. They have to change their customer base
They the kirana shops offers one month credit to many of its regular customers.
Will these so called e commerce has the balls to follow that 😅
@@krisgopi_8ever heard of a credit card?
Kirana stores have to up their game , they don't give discounts, they don't give GST bills, they charge MRP and pocket the taxes paid by consumers. If they don't evolve obviously they will perish. Traditional retail has to evolve to get at par with quick commerce. If the consumer gets a better pricing the consumer is even ready to buy directly from the manufacturer because India is a very price sensetive market don't blame predatory pricing for it. Quick commerce provides what consumers want at the price they want which offline stores often fail to provide. Most Offline stores are not customer oriented and can never offer the experience the consumer has now become used to. In the future even unbranded products will also move away from offline stores if they don't offer what consumer wants. There is no turning back now , it is the offline stores who have to catch up now.
I have seen few kirana shops ie provision stores as i use one offers one month credit to many of its customers.
Will the e commerce gives credit like that
I don't think so
That's why credit is used@@krisgopi_8
@@krisgopi_8 The credit too is e-credit, in the form of your credit card. How does it matter who gives you credit as long as you get what you want at the best price and deal.
@@krisgopi_8 I don't want credit..my kinara guy offers me good discounts on non big FMCG stuff..I buy from him..same time milk guys and super market sell lot of stuff in mrp..those went to zepto
Very well said!
Kirana stores still hold 2/3 of the market and provide well credit facilities which are still not offered by E-commerce or Quick commerce. as we are mentioning their is a some decline in their market share, but nobody is mentioning how they are earning high profit and are not paying any taxes, there are some kirana stores which mark more than MRP, we need to regulate these market as these are come under unorganized sector. no need to fear these kirana are no going anywhere we still have large population which lack digital literacy and they hold high trust on these kirana stores, Me (23 yr old from Gen Z population) will be supporting these Quick commerce and start up which are new to market and providing transparent facilities and products
All the relationship remain silent in the front of D Mart's discount
Even though ecommerce players would compete on the packaged products by giving deep discounts, however on fresh products like fruits and vegetables I would still prefer to buy from local street vendors. My personal experience says don't buy clothes, fruits, vegetables online.😊
You're going to buy what you will put in your MOUTH, FROM THE STREET???!!!
Lower middle class and poors still prefer kirana stores because of small value products availability.
KIRANA SHOULD start adopting technology and come up with a discount and quick delivery
Till 2030 45 % retailers shop will shut down
Kirana stores need to improvise and innovate to survive and is not difficult to at all to pull customers from ecommerce. I always buy veggies from the shop because he offers me free mirchi and dhaniya!!
Your "shop" is one on the street?? You would rather buy YOUR FOOD FROM THE STREET than on e-commerce??? ARE YOU MAD???
Land line onsolate ,mobile phone comes now smart phones .28 nos of PSU bank shrinks to just 12 with heavy reduction of branches and vacancies.
It is quite natural that who cannot compete with the fast changing technology will ne obsolate and new thinks evolves
The rise of quick commerce is turning into a curse for the Indian economy. Currently, deep discounts are celebrated as "disruption," but they’re largely driven by private equity funds that create an uneven playing field. This trend disadvantages many, leads to job losses, and concentrates wealth in the hands of a few, which is ultimately harmful to society. Without government intervention to ensure fair competition, the negative impacts will continue unchecked.
The government should consider implementing a "15:15:60" market share structure to regulate business control: allowing only 15% of any sector to be controlled by corporations, another 15% by local organized businesses, and reserving the remaining 60% for independent local businesses. Without such measures, initiatives like Mudra loans will have limited effect, as local businesses will struggle to compete and face high financial risks due to deep discounting by large firms. Additionally, the government should place some restrictions on corporations promoting direct-to-consumer models to a large extent, as these practices can become inherently anti-innovative.
QComm will have to charge delivery charges sooner than later, and that will change based on how many Kirana stores are there in that area. More stores, less/no charges , No stores, high charges.
QComm will disrupt retail environment. First to die will be wholesale vendors next will be small stores
Everyone needs to evolve with time so do kirana stores so all the talk of regulating prices and other tactics to slow down the fastest growing industry that has also created a lot of jobs is not good and customers always deserve the best price and cannot be forced to go back to shop their old way if they are getting better products at better price and also the convenience of saving on time.Pricing need to be left to market dynamics and should not be regulated as we do not live in a country ruled by socialism or if we do so we will be dragging ourselves to the era of the licence raj where every goods price was regulated by the government before our markets were opened to rest of the world.
These platforms will eventually increase prices. People will move back to kirana stores.
You're wrong buy that time will happen all kirana stores will be extinct.
kirana stores never give discounts the are very expensive as compared to quick commerce so they are facing closure therefore its is perfectly fine as capitalism always favour the public not the one who exploits the consumer
Like photographers print studios, tailors, watch repairers etc....
Obviously very much.
Quality of pulses and cereals are substandard on online shopping platforms and prices are also high humans are living on calcium iron and many more pills to supplement their unhealthy lifestyle its high time they give a thought on this
Because of our shitty urban infrastructure.
actually these experts are themselves contradicting the facts..they are focusing on emotional connect with customers but they must be aware that the customer priortises price over emotions thats why old shops who had emotional connect with customer and gave credit still failed to withstand in front of price game ..emotional connect relations all gone in vain...i too was in electrical retail business , tried my best to keep customers happy and i too gave return and replacement facility but still customers preferred to go online bacause my wholesale purchase price was still higher than online retail price...dont belive in margins told in this video kiranas have good margins
the real culprit missing in the discussion is the manufactuer who gives bulk discounts to these quick comm and ecomm.. they should be punshed for predatory pricing rather than quick commerce.
because kirana stores wale mrp ke neeche nahi dete jab ki online stores wale jaise instamart dete hain
Economy of scale - you csn noh be smsll - Adjust to new wotld - kirana has to move on either times - form conglomerate yo survive
Along with Q Commerce, increasing rental costs, electricity costs, fuel cost and inability of kirana stores to store huge stock of goods ( bulk quantities can help kirana stores buy at discount) plus quality issues of kirana are main culprits
Also Q Commerce stores are offering similar credits like kirana , like buy now pay later to credit card schemes
Modernation is going to change the dynamics of stores. In long term if india to be developed, all wealth has to go to 1% of population. See all developed nations every stores are under organized sectors. And peoples will become workers under these wealthiest.
1 percent enjoy unimaginable wealth. Rest will toil for them and will be happy to work 80 hours a week to make these 1 percent more wealthy.
Also interms of carbon footprint these quick delivery firm should be made accountable. Than also might help balance the competition and also environment friendly as well.
I have recently stopped milkbasket and went to kirana. Even kiran is not regular sometines . I am not stopping it. I am with kirana . Let ecommerce burn all cash and create balance in society
Stop Retail malls in cities, let them open their malls outside cities.
Laziness
Govt didnt think twice to implement GST and damage MSME why would think about Discount policy?..it is upto business organisation how much one can offer discount and cash back to his customer...Infact Kirana should change his business model and become a tech savvy smart store to facilitate customers with online availability of this inventory and option to order online and credit
Cheap labour is the reason!
Manufacturer directly dealing with customer via online, bypassing middle man.
Another thing if it is not stopped prices may go up, govt may face inflation in prices
Instead of opposing good change, embrace it. Govt can create some quick commerce app that can benefit our retailers.
Increase manufacturing anyhow, put money into R&D, steal tech from foreign companies and do whatever it takes to increase manufacturing.
Kirana wala always sells paneer at mrp 130 . From dmart I get same at 65. Why will I buy from kirana
Agar tumhara dukan hota na to pata chalta kya bit ti tum pr aur me bhi business man nai hu psr bata raha hu
There is Always A change going on in this universe we all are not stabble here. Earth is slowly moving downside .
These kirana shops has looted genral public.
This is going to be a disaster as once the competition goes forward....
The quick commerce will also close.
No e-commerce is the future
These shop owners earned very high margin in past years, and they are still enjoying high margin...
Will they sell something less than the MRP? No
I still prefer good old DMart. These quick commerce companies are flush with cash now and hence they are able to garner market share. It won't go on forever. As their costs keep rising, they will start charging fees for every minute service they give and that will spell the death knell for these companies.
The DMarts and the Reliance Retails of the world will survive but not these kirana shops, unless they change.
a small kirana store cant go online... as they need GST registration and it would increase their compliance cost and extra accounting services, GST filing, etc. apart from then GST department gang will create trouble for any mistake or even for without mistake to extort regular money... This a big challenging with a business having turnover 20-50 Lakhs. 99% Kirana store dont want to fall in trouble under GST. Need to resolve their pain point first.
What do you guys think about dmart vs quick commerce
only 1 thing if they can get same price
It's time for these uncles to retire.
After checking the ground reality in cosmopolitan like Mumbai I came to know that these terms like quick commerce are only much hyped by these media houses cartels 😆😆
Flipkart itself is killing now zepto and blinkit after ntroducing under 10 mins delivery.
Patil kaka searching the script and busy in reading. Anand be like aree mere piles ka dard uska sochta hai koi..?😂 and Gandotra be like.. Teri English and tera piles ka pain.. main dono sambhalunga .. haan ye baat alag hai, ke mujhe kuch nahi ata.. but esmile..TV par dikhega aaj😅
LOL!
Mobile accessories stores have same situation
Ndtv को भी तो बर्बाद किया 😂
Its not quick commerce but dmart which is the reason and u cant stop people going there.quick commerce is more for the premium markets its costly
Modi's model of economics: rich getting richer, poor getting ration and meanwhile middle class becoming poorer by taxes...
Have deep pockets, ready to sell below cost, easy funding available to them, cash burning is done to kill competitors, cheap funds available to them they squeeze the manufacturers & suppliers, majority of them are foreign funded,so all the earnings are reparatied, the govt should bring in a mechanism of checks & balances,
Not really. I went from mostly online to mostly offline shopper due to rubbish service of online e carts.
😮
Shut down all these exploitation kirana ..
We dont have to pay for their food. Bring 7 11 without ambani partnership.
Quick commerce is costly ..
I go to D Mart for groceries....
Commercial price must be down
Shopkeeper should Move to village
Only blabbring english words but not giving any actual input. Thats anand ramanathan.
Its funny... Do you know why lemme tell you why... Most people would ignore this.. But half the population of India buys product which ranges between ₹5 to let suppose ₹50 or ₹100... Most dont buy from phone..maybe 2 or 3 percent of population buy from phone..Other than that the reason these shops ar affected because in metro people stay in rise building and society so mostly people would not want to drive or walk all the way to shop to buy.. So blinkit and swiggy target people that would pay for service offered... And next thing is credit card... Kirana store dont offer to pay using credit card..
Will you like to go into filthy streets with pollution, Parking and driving to get an item of 30 Rupees..
i was in Moscow, there online shopping of quick commerce failed because people love to walk on clean and pollution free streets .
goverment should take action, millions are living on them
😂😂😂
Skill up!!
Stop Waiting for Help: It's Time to Take Charge of Our Own Success
quick commerce creates millions of jobs. Poor ppl get more opportunities
😊😊😊😊They simply looted customers for a long time
It's disruptive
Kirana stores are bootstraped and running a business. Not like quick commerce bunch of money for giving significant discounts.
Shutdown all online platform like Amazon Flipkart and quick commerce for locals Indians betterment
😂😂😂
Then offline big players will come like dmart, reliance mart etc they will offer huge discounts then local shops will again d1e
Keep quiet.
Welcome to the maturing phase of economic collapse
BJP/ Rss govt crushes middle man and collect broker from e-commerce
Someone pls take this president to dmart
PLEASE RAISE VOICE OR ELSE SOON OUR BUSINESS WILL BE IN SAME POSITION..CENTRAL GOVT SHOULD INCREASE GST RATE TO 50 % ON ECOMMERCE......😢😢😢😢
Chup sadak chaap digital India behtar india kirana Wale dusara business kar le 😂😂😂😂😂😂😂😂😂
@@rohitsingh-oj6hp GARIB logo ko lut ban chuki ha ecommerce set one day total India businesses will be destroyed by eCommerce giants....😌😌😌😌JO ECOMMERCE KO SUPPORT KAREGA WO DESH DROHI KEHLAYEGAA...
India's traditional kirana stores ; 😅 what a funny name news anchor is using. Kirana store baniya/ seth/ vaishya caste/ Aggarwal swindler IS MORE appropriate
People should stop using these nonsense platforms
Why? It’s their choice
@80sidd - yeah - it's my thought - to support small businesses - people can do whatever they want
Y? They offer 50 percent discount
@@c.a.narayannarayan141- on what? And all this is temporary
There needs to do a study on how many jobs the quick commerce has created ?
AICPDF wale chacha chahte hai ki kirana store wale customer ko loote kirana store wale bade arrogant hote hai customer ki value nahi karte gen z in budde kirana store walo ko nahi jel payegi digital india behtar india kirana store walo ke pass bahut maaal hai dusara business kar le 😂😂😂😂😂😂😂😂😂😂😂😂😂
Sahi baat... Aur ye kirana walo zero income tax dete. Sab cash me loot rahe govt ki