Dmart ready is like jiomart. Smart bazaar aur jiomart ko to consider hi nhi kiya. Dmart needs to open stores in east as well. We are price sensitive people. We have low income. But in long term, they need to operate like quick commerce else revenue will remain flat.
Dont compare apple with orange. Regular customers of dmart goes once in a month , they dont need quick deliveries. It a big help for lower middle class living in expensive metro and tier 2 cities
I have questions that might be foolish. In a scenario of purchasing a product monthly if I compare the price of product in both D MART and QC. I'm getting all the products almost the same price (if the difference might be less. Including own transport cost to d Mart and transport charges of QC) which is more convenient going to d Mart spending an hour or 2 or ordering it from QC and getting delivered while you reach home from office.
@@MrSouradip can you find 2 liter liquid detergent for rs 170 in QC. Can you find 1l, liquid utensil soap in 75 rs from QC . Can you find 750ml liquid handwash in 62 rs through QC. Can you find toilet cleaner in rs 49 though QC. And XL diaper 20 pack in rs 170 in QC. DMart is for street smarts.
profitable business with slow growth is far better than loss making companies. People spend 10-20k in dmart on a single visit with whole family. Coming back home with sneakers, dairy milk and cheese popcorn. These things can't be replicated online. I don't think u r understanding the gravity of dmart, once a person visits dmart he becomes a loyal customer.
I am 100% sure that blinkit and zepto will not survive in long term They have good services but in the end to achieve profitability they will raise price & charges just like ola cabs And then ,majority of customers will stop using them But dmart will survive in every scenario
@@karthikgani2766I always check Rapido, Indrive Uber and Ola and take which is cheapest. Many times it happens that after selecting the cheapest option, there are no cabs available. Then I check next best. Amazing realisation is that AC cabs are cheaper than non AC bad suspension Auto rickshaws. This is mostly due to Auto Unions. Autos could be cheaper directly on road only where metered charging is a rule and not exception.
Quick commerce is never a competition for dmart. No one goes dmart to buy few items. They need to add more stores however real estate cost in India is expensive
When you look at prices of products at dmart and on quick commerce there is big difference. People will consider cost advantage for bulk purchases quick commerce is for sudden need like for milk etc.
yes you are right but they will lower the prices as they will reach a volume because they will order bulk products and brands have to give discount like they force to restraunts and weather you will beleive or not quick commerce is expanding like pandemic and since network effect works like if a company is specifically available on certain platform they would attract loyal costumer and as you are seeing many companies are signing exclusive deals with these qc.
@@Prashant_Pandey4 but there will be always overhead for delivery charges and to be extra profitable they will start charging platform fees. Nothing can be concluded but as my option both will exist parallely.
@sstravellers1339 grossory items me kabhi clearance sale nahi lagta!! Middle class ko monthly 200 Rupiye bhi kam ho jaye to DMart se kharidega. Maine koi DMart khali nahi dekha. Kirane ki dukan wale kabhi MRP se kam nahi dete aur Dmart me sab me MRP pe discount hota hai upar se sari chije ek jagah mil jati hai with variety. You won't believe muje ek shirt 199 me aur Tshart 250 me mili koi kahe nahi sakta ye itne kam me kahin aur jagah se milti!! On line kapdo me to chuna hi laga hai chahe 1000 ke manga lo ya 2000 ke.
d mart kabhi fail nahi hoga.... aaj v d mart se best discount koi nahi de raha hai.... jab fast delivery groccery company ka bubble footega d mart automatic bhagega
D-Mart needs to work on the following: 1. Provide sufficient parking space for customers' vehicles. 2. The quality of clothing has decreased over the years to increase profitability, making Zudio a preferable option. There's no comparison between Zudio's and D-Mart's clothing in terms of design, fitting, and quality. 3. D-Mart prioritizes sales growth over quality, which customers notice. 4. Previously, D-Mart's softy ice cream outside the store attracted long lines of customers, comparable to MacDonald's. However, the current quality doesn't even match local stores. 5. This decline applies to multiple long-selling products at D-Mart, relatable to old customers. Despite this, I still prefer D-Mart for monthly grocery shopping. However, if better options arise, I'll explore alternative brands without hesitation.
Yes d-mart lack good clothing brand. Even dj&c and buffalo of big bazaar were good. dmart need to concentrate on that. Today I visited zudio really cheap compare to many other cheaper brands but quality of clothe need to be checked like upto how many was the clothe looks good. They are selling trending clothing that’s their positive. But shops like zudio and V-mart how they are selling clothing at so cheap price I don’t know, are they in profit?
Quick commerce is definitely going to take a share of D-Mart and other local stores. In my observation, people tend to do their bulk monthly shopping at D-Mart but turn to quick commerce for urgent or last-minute needs.First they will eat the local stores and later these Big Marts what I feel.
I never used quick commerce so don't know how much they charged for their delivery and how long will they rely on cashburn. Local kirana store will also get bigger if they face competition.
India is so big that every one will have their own share. But if they don’t do business sincerely they will fail. Qucick commerce is not so big that it can eat market share of anyone yes new customers so called gen-z may prefer quick commerce due to less time available for shopping and for quick needs, until they learn how to run house.
Sorry but slowly aapke brain ko lazyness and other ki aadat gir jayegi... Aur aap kahoge ki are yr niche jao gadi nikalo petrol to lage ga hi fise waha Jaa kar line me lago traffic ye sab khayal dimak me ane ke baad u will easily give 40 50₹ for delivery... Correct me if im wrong
I personally reduced 90% of my visit to D Mart for following reasons. 1) More spending - if i need groceries for 2k then I end up spending the above 3k primary bcoz bought unwanted things bcoz it was cheaper prices and also bought a bigger pack. ( If u remember that meem. Mere paas ghar he bangla he gadi he.. Other guy- tu ek baar Dmart Jaa re, pata chal jayega kya nahi he😂😂) 2) Now they also offer pizza at their shop means one more expenses added just bcoz I am going there. 3) I need to carry these goods to home, need to carry a bag and spend on car fuel. Where as Jio Mart gives groceries almost at same price in less than 30 min which means I don't need to order a higher quantity and also save on fuel and time. But visiting Dmart less often is still fun only thing is now I visit only those sections from where I want to buy things
In my city Amravati there is 2 D mart from past 17 years. In diwali period they have to stack racks after 2 hours each.. Imagine there sells. They don't have proper parking so they are ready to pay around 6 crore for land for parking only. They already bought a land for new Dmart. City like Amravati where people loves to go Dmart rather buying online. Plus Dmart giving job to atleast 500 people in my city. When Dmart come people used to say small shop will close but you will find it everywhere increasing doing good business. Eating in restaurant is better experience than ordering online except things like pizza. So it will be there for atleast 20-30 years and we can't predict future. We have famous mobile shop here whose business almost end after flipkart and that thing you can predict that this shops won't going to survive online compitation.
That's why kerala's Lulu hypermart group is growing because they also own land and property but they give an experience like amusement park from food brands, play zone to roller coaster everything inside single mall. With their first mall in Kochi in india to 2nd largest mall in india in Trivandrum, Kerala all super profitable
People go to DMart for shopping and they get discounts, but DMart is also a pleasant outing. Ask the kids who sit in the trolleys. This is just one of many strengths of DMart.
DMart focuses on customers from smaller cities and towns (India 2 and 3), offering low prices and bulk deals. Quick commerce, on the other hand, serves customers in big cities (India 1), providing fast delivery and convenience. DMart won’t be affected much by quick commerce because its customers care more about saving money than quick delivery. Quick commerce works well now because of free delivery and discounts, but it’s unclear if they’ll succeed in the long run without these offers. DMart’s low-cost strategy keeps it strong and reliable for budget shoppers.
If DMART expands to eastern India they will benefit huge with most middle and poor class living in the eastern region. Quick commerce viability is yet to be tested for longer period. Quick commerce wont be able to sell in price sensitive region, stores like DMART makes more sense there. Its not their battle to fight, IMO they should stay away from it.
😂 - Ariya Jariya Soorma Bhopali Banariya Hai - D-Mart ka concept is one of the best Jab D-Mart jata hu Damani Sahab ki atma ko Dil se Dua karta hu ke itne saste me material dete he - May God Always Bless Damani Sir
Vo damani ji ka dmart he jisme bigbazaar ko khtm kar diya or reliance retail ki nak me dam karke rakha he reliance retail wale sab bechte he but phir bhi rush nhi he jabki dmart ki inventory us se kam he or rush of people double.... So don't compare and see in next diwali dmart cross 5500 easily...
Quick commerce is desaster for environmental. Also people will not plan before n order as and when they need. Regularly visit of delivery boys at our door step and knowing contact number of people has social cost.
Quick commerce will be limited to urgently required items for which one cannot waste time in going to D-Mart and standing there. Items like milk, bread, or any item which is needed urgently. People still prefer to go to D-Mart once in 15 days to replenish their stock at home. Quick commerce will affect the stores in the neighborhood to which we usually resort incase of urgently required items. D-Mart can easily get into quick commerce as their own stores in city can act like a warehouse for the small dark stores within the 5-10 km radius. It becomes much faster and cheaper option for Dmart than the other quick commerce platform as they will have to lease everything, even big stores. Dmart also has an advantage price. Dmart already has strong supply chain penetrated in major states. They will only need to add last node like dark store in the states where they have strong network of stores. In other states they can easily expand with their expertise.
Bro, in the current inflation scenario which is not going to cool down in future, D-Mart have their own space and price. It's logically wrong to compare D-Mart with commerce. Another thing is D-Mart is big company so doing quick commerce is not big deal for them, but their growth model is different and it's all depend upon store opening strategy. In future if D-mart open more store then the margin and profit will be huge so i am okay with 12-15 % CAGR for next 3-5 year.
Reliance Smart Bazaar (Big One) is competitor, Reliance Smart Point has low availability of items and discounts are not good as well. In our locality multiple smart points have closed due to loss and no staff.
i am a working professional based in Bengaluru. I stay alone in rented apartment and its been 3 years since i shifted here. There is a dmart store like 3kms aways from my home. In last 3 years i have visited dmart max 3-4 times, bcz i buy everything possible from Quick commerce or Amazon/Flipkart.
I kinda disagree. There was a research by indus vallesy which describes India in three catagory top 10% which is affluent, next 30% which is solid middle class. And next all of them. Blinkit and zepto primary coustomer is in top 10%, but dmart coustomer is the 30%. I think dmart is more hit by zudio type company
As an Dmart employee, I also agree with that. During previous year of Diwali, our sale was crossing 1cr for almost 8-9 times during that month. And if we talk about our monthly sale during Diwali period , it was around 16cr . But in current year our sale was only 11cr in month of Diwali. I am unable to understand the cause behind that.
In bangalore, stores like lulu hypermarket and spar are very competitive for dmart prices. And if dmart doesn't cope up with them, dmart is gonna be history like big bazaar very soon in bangalore and similar cities
Company is almost debt free. Company has delivered good profit growth of 23.0% CAGR over last 5 years Company's median sales growth is 28.3% of last 10 years
We have stopped going to demart becuase of Rush & People's bad civic sense. This diwali also we purchased from local kirana shop he also gave discount with free home delivery.
Yes... always support small vendors/kirana stores whenever possible.. doing this from last 15 years.. I have only heard about Dmart..big bazar..star-bazar.. big basket and what not... just big names...
Quick commerce business will not last long and it is bubble..reason: 1) they will increase their service/retail prices in future 2) logistical stores on rents 3) investors will pullout their investment based on demand/ margins 4) Indian middle class only prefer affordable.
think in other way , In future more thing will be added like Electronics that has higher margin , some brands can have exclusive launch or exclusive product on these qc like MI mostly choose flipkart to launch their new product , so if you are loyal to product you have to buy it from that QC or respective ecommerce , QC can grow at astounding pace , they don't need to buy huge stores so market penetration would be higher and since dark store is owned by property owner itself it gives an added advantage , when the volume will increase their is more margin while operating cost will mainly remain same and they can offer better discount also, their is network effect works like if HUL is selling on blinkit dabur have to come also ITC have to come and as more and more brand come so this will bring more costumer who prefer specific brands and now this will give these QC a barganing power to ask for deep discounts from these FMCG behemoth and they can transfer that to their customer or can play price war with kiranas or even these legacy hyperstores, they are online they continually generate data like which product has maximum demand what are the products that we can sell in specific area and not on other area they can optimise their inventory according to that data , they can forecast demand , their can alter consumer preferance like youtube homepage and this can be habbit forming .
Good Analysis. I agree that these quick commerce companies are just playing the valuation game. They are here to make money like byjus and don't care about long term sustainability.
Dmart is best. I can save 1500 rs around on mrp with just 10rs travelling cost. Also I am middle class person. No free delivery no online Order. I don’t think it’s convenient. Ek month Mei ek din tu milia hi hai. ITNa v busy ni hona hai life. Offline shopping se field knowledge v milta hai
Sab thik hai. Lekin start up aur quick commerce ka problem hai. They will never be profitable. They will burn money till close. D Mart is profitable. generally companies go to hibernate mode in which they make profits but they don't grow. But it will last for 3 to 5 years. In this period quick commerce Wale Paisa burn karke khud jal jayenge. Aur phir yah D mart phir chalegi. Dekho godrej consumer ko. Silently work kar rahi hai. Kisi se kuch Lena Dena nahi hai. Where start ups har saal loss me ja rahe hai.
bhai ye sab bakchodi hai mai bata raha hu. Ye nahi hota wo nahi hota bol bol ke sala zomato 30 billion hogayaya. If u just feel ki ye nahi hoga wo nahi toh you are just living in a delulu world
@@chadchandan Bhai Amazon, wallmart waale itna easily Chodh denga market swiggy, zomato ko lagta hai tumhe. 10 billion kharch karna Indian market ke lie unka haat ka maile hai. Or Quick commerce Ambani, Tata ka v shar dard kar rha hai, jaise Inka Offline sale camm ho rha hai. Jiomart, big basket mai farak padhfa or eya itna v easy hatenga nhai. Market size inko v pata hai. Indian retail consumer market is Gold mine. Eya sab Swiggy, zomato Baccha hai itna badhe market ke lie
@@Orexx90 bhai wo thik hai lekin its all about company structure. these big companies take a lot lot lot time to implement things. Zomato and swiggy are now too big to get acquired. Zomato is very fast in making things u see ye swiggy ke just thode din pehele 8500 cr raise karne wale hai aisa news aya. SO at the end is all execution. JO smart hai wo aage bad jayega
Only the upper middle class uses quick commerce, rich class don't, they have servants to fetch the grocery from stores. And even if they buy the stuff themselves, they will always go to high end superstores, where the cost of the goods is much higher than what quick commerce typically offers.
All i can see is that retail is selling & institutions are buying. Even it's shareholder number is constantly decreasing. It was pumped up like anything. Now rationalizing. And I feel, once there's rate cut, it will start to grow again.
Dear Prasad, 9:15 u mentioned tht 80 crore population take groceries from ration shops. only rice is available in ration tht too no below middle class ppl will eat those ration rice. so all purchase their groceries from shops only. Try to get ur facts clear.
Dmart is here to stay. Offline retail ka king 👑. Dmart mein bheer dekhlo kabhi khatam nahi hota. So being a dmart investor like to hold dmart for long term
DMART should focus on centralised purchase and not depend upon local purchase. This will be difficult, but if executed, it will help both the customers and management for sure.....
the only fck up Dmart are doijng is not targetting more Tier 2 cities , until n unless they dont do that they will see decline in profit n revenue In Tier 2 cities , people love visiting such type of stores , its like outing to most of the people Near my home , we have V mart (most of the time , customers are there ) As in tier 2 , tier 3 cities , the options to visit places for outing are minimal so still people prefer going to super marts , which is a kind of outing along with that they buy their household stuffs Also lands are cheaper as compare to Tier 1 cities This is something i did mailed Dmart back in 2k21 , that target state like UP, Bengal , Bihar , Jharkhand < Odisha , then u will see a good result Zudio (TATA) knew the advantage of opening stores in Tier 2 cities and its now yielding them good results Dmart should religiously think about their approach
i live in Lucknow, they don't even have a single store of Dmart in here. This is tier 1 city with huge malls like LuLu, where we have to wait for billing even with the 20 billing counters, but still Dmart is ignoring such large audience even with such competitive prices.
It will change with generation. Gen z gen alpha will more tend to prefer quick commerce or in metro cities they prefer quick commerce because of traffic and hassle. Dmart can have QC in metro and continue to operate same way in tier 2 cities
Physical marketing karne s man khush hota hai, Online shopping buy ho gaya aaur kuchh nahi.. Esliye physical buy kare taki aapke time v aanchha s gujar jayen g....
3rd party services(Quick commerce) has to keep prices little high when compare to stores to keep in the business and also has to charge for delivery service.
Swiggy and Zomoto emerging as new age fmcg and retail alternatives hence future of large scale stores at present real estate prices that too in metro cities
This is INDIA 90% people are either of poor class or medium class category. No worries for Dmart,Retail shops. These quick service providers who give discounts now & will take commission later won't survive much. Blinkit,instamart,etc won't survive for long term. Commision based companies should be boycotted.
When country stage their phase from developing to developed economic it will affect small shops. Look at USA you won't get that much small shops but people prefer wallmart and Costco. The way people goes to Dmart is future.
Quick commerce is a luxury, and not everyone will use or can afford it everytime or even need it. A large part of customers look for value which is available in stores like dmart. I am a regular customer from 10 years and I'd choose quick delivery only for highly urgent needs because they are expensive. Not to foget the experience part of shopping which is missing in quick commerce. Also, we never know how sustainable this model is. Now they might be burning investor money but once they start monetizing it, people may turn back to supermarket stores.
I have full trust in Mr. Radhakishan Damani, all analysis you have done definitely known to him and he knows how to handle it. He has seen lots of ups and downs in life. Demart's business model is for the long run.
But if you visit dmart stores they have their regular customers intact and most of them are happy. A trend seen is those customers are less likely to use quick commerce like blinkit or instamart. Most of the dmart customers plan their entire months budget and buy at once in bulk. Long term growth is intact. I dont see any of their core customers shifting.
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Aisa hi video star health insurance par bhi banado please.
Dmart ready is like jiomart.
Smart bazaar aur jiomart ko to consider hi nhi kiya.
Dmart needs to open stores in east as well. We are price sensitive people. We have low income. But in long term, they need to operate like quick commerce else revenue will remain flat.
Trent Zudio
Jio financial service pe information do
Dmart is better than blinkit or zepto i have to pay high delivery charges sometimes quick commerce are ok not always
Bhai blinkit ye kisa likha
I've done a price comparison of dmart and qc. Difference comes to more than 20-25% if you add up delivery and all the other bullshit charges of qc.
Both will survive because we visit Dmart monthly and use quick delivery apps only in urgency....simple 🤗
Which one saves 25% ? Dmart or QC @@trynaru
Dont compare apple with orange. Regular customers of dmart goes once in a month , they dont need quick deliveries. It a big help for lower middle class living in expensive metro and tier 2 cities
exactly
True..I am this loyal customer of Dmart
I do go
I have questions that might be foolish. In a scenario of purchasing a product monthly if I compare the price of product in both D MART and QC. I'm getting all the products almost the same price (if the difference might be less. Including own transport cost to d Mart and transport charges of QC) which is more convenient going to d Mart spending an hour or 2 or ordering it from QC and getting delivered while you reach home from office.
@@MrSouradip can you find 2 liter liquid detergent for rs 170 in QC.
Can you find 1l, liquid utensil soap in 75 rs from QC .
Can you find 750ml liquid handwash in 62 rs through QC.
Can you find toilet cleaner in rs 49 though QC.
And XL diaper 20 pack in rs 170 in QC.
DMart is for street smarts.
We are regular customers of Dmart and Zudio, we can see footfall rise and rise
Exactly, I wake up early on weekends just to have less crowded dmart.
😂😂😂@@shreyamukherjee9100
We Support Dmart. It is the Best Store for Middle Class Customer. Value for Money.
aaj tak kitna paisa bachaaye aur kitne ka samaan lene gaye the aurlekar kitne ka aaye ye bataao
profitable business with slow growth is far better than loss making companies. People spend 10-20k in dmart on a single visit with whole family. Coming back home with sneakers, dairy milk and cheese popcorn. These things can't be replicated online.
I don't think u r understanding the gravity of dmart, once a person visits dmart he becomes a loyal customer.
that was right
I am 100% sure that blinkit and zepto will not survive in long term
They have good services but in the end to achieve profitability they will raise price & charges just like ola cabs
And then ,majority of customers will stop using them
But dmart will survive in every scenario
Exactly
They can't afford the rent and delivery boy salary in long run
Very TRUE.
OLA example was perfect.
When compared to Uber, Rapido Ola charges 20% to 25 % extra.
@@karthikgani2766I always check Rapido, Indrive Uber and Ola and take which is cheapest. Many times it happens that after selecting the cheapest option, there are no cabs available. Then I check next best.
Amazing realisation is that AC cabs are cheaper than non AC bad suspension Auto rickshaws. This is mostly due to Auto Unions. Autos could be cheaper directly on road only where metered charging is a rule and not exception.
Ek dum sahi BAAT Kahi aapne
@@HoneySingh-ds1rmno bro quick Commerce will survive as long as they are burning money ..the funding stops they will fall like byju's ..
DMart can easily renovate buildings and turn around into quick commerce 😂
its not that easy, agar hota to Vishal Mega Mart Kar Chuka Hota
@@qssaasasare you seriously comparing Vishal mart with dmart?
@@arjunsingh4514Vishal mart better than dmart
@@cryptominingguide8810 ok guruji
Baitho beta abhi bahut kuch sikhna hai tumko 😂😂@@cryptominingguide8810
Zudio sells road side cloths with fancy packaging. After 2 wash the cloth looks like a mob.
Same with dmart cheap t shirts below250
Using Zudio since 2 years , have around 8-9 different t shirts......I completely disagree with you. !!! Best price, great quality 👍
mob nahi mop
Zudio has good quality clothes
Zudio n dmart clothes are good for normal home use or daily use....not for fashion
Quick commerce is never a competition for dmart. No one goes dmart to buy few items. They need to add more stores however real estate cost in India is expensive
When you look at prices of products at dmart and on quick commerce there is big difference. People will consider cost advantage for bulk purchases quick commerce is for sudden need like for milk etc.
exactly
yes you are right but they will lower the prices as they will reach a volume because they will order bulk products and brands have to give discount like they force to restraunts and weather you will beleive or not quick commerce is expanding like pandemic and since network effect works like if a company is specifically available on certain platform they would attract loyal costumer and as you are seeing many companies are signing exclusive deals with these qc.
@@Prashant_Pandey4 but there will be always overhead for delivery charges and to be extra profitable they will start charging platform fees. Nothing can be concluded but as my option both will exist parallely.
Humare area me to 2 sal me hi 2 DMart khul gaye aur dono hi bhid se bhare rahete hai 😂😂
kaun sa area population bolo
Lakin future nahi ,abhi bhid badme clearance sale legaga😂
@sstravellers1339 grossory items me kabhi clearance sale nahi lagta!!
Middle class ko monthly 200 Rupiye bhi kam ho jaye to DMart se kharidega. Maine koi DMart khali nahi dekha.
Kirane ki dukan wale kabhi MRP se kam nahi dete aur Dmart me sab me MRP pe discount hota hai upar se sari chije ek jagah mil jati hai with variety.
You won't believe muje ek shirt 199 me aur Tshart 250 me mili koi kahe nahi sakta ye itne kam me kahin aur jagah se milti!!
On line kapdo me to chuna hi laga hai chahe 1000 ke manga lo ya 2000 ke.
@@sstravellers1339 quick commerce is no cheap i would never use q commerce it's expensive.It is good for tier 2 tier 3 city
Badlapur se ho kya
d mart kabhi fail nahi hoga.... aaj v d mart se best discount koi nahi de raha hai.... jab fast delivery groccery company ka bubble footega d mart automatic bhagega
Exactly
Exactly
But only reliance smart give same
ZUDIO which is owning the apparel section and growing fastest...
Zudio me low quality garments milta hai
@@sumitkumar-iq5sjI only bought a pant from them. 3 years stilll use it
@@sumitkumar-iq5sj price bhi to kam hota hai garments ka
@@sumitkumar-iq5sj Still better than Reliance's Yusta and Aditya Birla's Style Up.
Westside bhi unhi ka hai
D-Mart needs to work on the following:
1. Provide sufficient parking space for customers' vehicles.
2. The quality of clothing has decreased over the years to increase profitability, making Zudio a preferable option. There's no comparison between Zudio's and D-Mart's clothing in terms of design, fitting, and quality.
3. D-Mart prioritizes sales growth over quality, which customers notice.
4. Previously, D-Mart's softy ice cream outside the store attracted long lines of customers, comparable to MacDonald's. However, the current quality doesn't even match local stores.
5. This decline applies to multiple long-selling products at D-Mart, relatable to old customers.
Despite this, I still prefer D-Mart for monthly grocery shopping. However, if better options arise, I'll explore alternative brands without hesitation.
Yes d-mart lack good clothing brand. Even dj&c and buffalo of big bazaar were good. dmart need to concentrate on that.
Today I visited zudio really cheap compare to many other cheaper brands but quality of clothe need to be checked like upto how many was the clothe looks good. They are selling trending clothing that’s their positive. But shops like zudio and
V-mart how they are selling clothing at so cheap price I don’t know, are they in profit?
Quick commerce is definitely going to take a share of D-Mart and other local stores. In my observation, people tend to do their bulk monthly shopping at D-Mart but turn to quick commerce for urgent or last-minute needs.First they will eat the local stores and later these Big Marts what I feel.
I never used quick commerce so don't know how much they charged for their delivery and how long will they rely on cashburn. Local kirana store will also get bigger if they face competition.
D mart is emotion.
@@MoinKhan-uf4pg which location bhai
India is so big that every one will have their own share. But if they don’t do business sincerely they will fail.
Qucick commerce is not so big that it can eat market share of anyone yes new customers so called gen-z may prefer quick commerce due to less time available for shopping and for quick needs, until they learn how to run house.
DMART = Garibo ka Bhagwan
Quick Commerce = Status Symbol
Status symbol nhi comfort and efficient for working employees
Best quality and best price k liye contact kare
So aptly Said.
our main source of our groceries being a retired person
D mart is costly than Big basket.
Ghanti dabayenge to prasad jaroor milega😂😂😂
Filpkart also Grocery sold cheapest than D mart
Free Delivery, Coin Point
This line was just epic
😆Ye badiya tha
Oh bhai bhai bhai😂😂😂
Dirty mind 😂
Jab tak delivery free hai ham order karte hai uske baad Dmart zindabad.
🤣🤣same brother
@@MukeshGupta259 Platform charge lagna start ho jaayega
This is absolutely true
Kaha free delivery?
Sorry but slowly aapke brain ko lazyness and other ki aadat gir jayegi... Aur aap kahoge ki are yr niche jao gadi nikalo petrol to lage ga hi fise waha Jaa kar line me lago traffic ye sab khayal dimak me ane ke baad u will easily give 40 50₹ for delivery... Correct me if im wrong
Everyone fight with normal kirana dukaan wala 😎
One more great model is possible, which target customers is Savings first and in term of convenience, same day home Delivery.
I'm not sure about the future of Dmart, but as long as it exists, it'll keep growing its customer base.
I personally reduced 90% of my visit to D Mart for following reasons.
1) More spending - if i need groceries for 2k then I end up spending the above 3k primary bcoz bought unwanted things bcoz it was cheaper prices and also bought a bigger pack.
( If u remember that meem.
Mere paas ghar he bangla he gadi he..
Other guy- tu ek baar Dmart Jaa re, pata chal jayega kya nahi he😂😂)
2) Now they also offer pizza at their shop means one more expenses added just bcoz I am going there.
3) I need to carry these goods to home, need to carry a bag and spend on car fuel. Where as Jio Mart gives groceries almost at same price in less than 30 min which means I don't need to order a higher quantity and also save on fuel and time.
But visiting Dmart less often is still fun only thing is now I visit only those sections from where I want to buy things
Dmart ready can be a silent killer. It could indulge in discount war with blinkit. Low Delivery cost would give edge to dmart. 🔥
They already do just 10 min delivery is missing
Kirana stores are the best because they're nearby and their staff can personalise their interactions with their customers according to specific needs.
Double loss in kirana store weight and money both , high mrp low weight...
Don't underestimate Mr. Damani. He eats 10 quick commerce in his breakfast daily.
😂
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Blinkit and dmart bohot alag markets hai.... Blinkit kab khatam hoga pata bhi nahi chalega.... aur FMCG sector mein bhi volume growth nahi hai... yeh inflation ki vajah se hai...
Exact ,to-the-point and clear conversation..I like it
Kyunki ghanti bajayenge to Prasad jarur milega ❤❤❤❤❤❤❤
The very experience of shopping is a leisure experience for many. Blinkit is for people who are busy or may be too old to shop
10:31 Dmart already in the process of developing dark stores. Soon they will enter quick commerce.
Tu Damaad Hai Kya Dmart ka ?
@gurugantaal5782 🤣🤣
Best thing about Dmart is it gives real experience of shopping and viewing things in real.
No e-commerce can beat this experience
Very nice and informative. Keep it up. Please try to make one video on daily basis. Thanks.
In my city Amravati there is 2 D mart from past 17 years. In diwali period they have to stack racks after 2 hours each.. Imagine there sells. They don't have proper parking so they are ready to pay around 6 crore for land for parking only. They already bought a land for new Dmart. City like Amravati where people loves to go Dmart rather buying online. Plus Dmart giving job to atleast 500 people in my city. When Dmart come people used to say small shop will close but you will find it everywhere increasing doing good business.
Eating in restaurant is better experience than ordering online except things like pizza. So it will be there for atleast 20-30 years and we can't predict future.
We have famous mobile shop here whose business almost end after flipkart and that thing you can predict that this shops won't going to survive online compitation.
That's why kerala's Lulu hypermart group is growing because they also own land and property but they give an experience like amusement park from food brands, play zone to roller coaster everything inside single mall. With their first mall in Kochi in india to 2nd largest mall in india in Trivandrum, Kerala all super profitable
The Best place to Shop. Dmart will never fail. It cares for all the class.
1:12 घंटी बजायेंगे तो प्रसाद जरूर मिलेगा 😂👍🏻
People go to DMart for shopping and they get discounts, but DMart is also a pleasant outing. Ask the kids who sit in the trolleys.
This is just one of many strengths of DMart.
DMart focuses on customers from smaller cities and towns (India 2 and 3), offering low prices and bulk deals. Quick commerce, on the other hand, serves customers in big cities (India 1), providing fast delivery and convenience.
DMart won’t be affected much by quick commerce because its customers care more about saving money than quick delivery. Quick commerce works well now because of free delivery and discounts, but it’s unclear if they’ll succeed in the long run without these offers. DMart’s low-cost strategy keeps it strong and reliable for budget shoppers.
If DMART expands to eastern India they will benefit huge with most middle and poor class living in the eastern region. Quick commerce viability is yet to be tested for longer period. Quick commerce wont be able to sell in price sensitive region, stores like DMART makes more sense there. Its not their battle to fight, IMO they should stay away from it.
😂 - Ariya Jariya Soorma Bhopali Banariya Hai - D-Mart ka concept is one of the best
Jab D-Mart jata hu Damani Sahab ki atma ko Dil se Dua karta hu ke itne saste me material dete he - May God Always Bless Damani Sir
Same sachi really tku God
Mei,
Zepto urgent order - 200 rs
Blinkit urgent order - 100 rs
Dmart jata hu - 4000 to 7000 rs.😂😂😂😂
Not necessarily. U can buy as little as u want. U need to be disciplined. I never get distracted from the list i carry.
*Quick commerce is good for small scale* not comparable to DMart yet
Vo damani ji ka dmart he jisme bigbazaar ko khtm kar diya or reliance retail ki nak me dam karke rakha he reliance retail wale sab bechte he but phir bhi rush nhi he jabki dmart ki inventory us se kam he or rush of people double....
So don't compare and see in next diwali dmart cross 5500 easily...
Quick commerce is desaster for environmental. Also people will not plan before n order as and when they need.
Regularly visit of delivery boys at our door step and knowing contact number of people has social cost.
This person EXPECTING SOMETHING FROM DMART MANAGEMENT😅😅
As long as Dmart has customers every threat is manageable. Customers are not going anywhere because Dmart prices are cheapest.
Indian people are price sensitive as well as prefer to buy anything by touching it,not screening it
Still trading at high PE. Probably more room to fall.
Rather than going into quick commerce Dmart start giving online same day or 1 day delivery within the city where they have stores.
zudio is the brand owned by TATA. also by watching your video i am planning for taking dmart share in SIP mode.
Dont forget Dmart CEO he is a genius will definitely rise again.
I bought its shares today; and also Trent. They are very cheap, a good time to buy all the cheap stocks
From where u bought shares?
@@LeoRix.0 groww. Trent is rising, but i also bought 2 of Asian paints
@@OneStepToday that's great...i would also like to invest... should I invest in trent now, is it ryt time?
Quick commerce will be limited to urgently required items for which one cannot waste time in going to D-Mart and standing there. Items like milk, bread, or any item which is needed urgently. People still prefer to go to D-Mart once in 15 days to replenish their stock at home. Quick commerce will affect the stores in the neighborhood to which we usually resort incase of urgently required items. D-Mart can easily get into quick commerce as their own stores in city can act like a warehouse for the small dark stores within the 5-10 km radius. It becomes much faster and cheaper option for Dmart than the other quick commerce platform as they will have to lease everything, even big stores. Dmart also has an advantage price. Dmart already has strong supply chain penetrated in major states. They will only need to add last node like dark store in the states where they have strong network of stores. In other states they can easily expand with their expertise.
Bro, in the current inflation scenario which is not going to cool down in future, D-Mart have their own space and price.
It's logically wrong to compare D-Mart with commerce.
Another thing is D-Mart is big company so doing quick commerce is not big deal for them, but their growth model is different and it's all depend upon store opening strategy.
In future if D-mart open more store then the margin and profit will be huge so i am okay with 12-15 % CAGR for next 3-5 year.
Prices are the major factor in grocery segment people will prefer cheap than convienet in longer run
Why reliance smart point is not a competer of D-mart??
I also skip D-mart most of the time and go for reliance.
Bhai smart point pe basic chij jaise ki dry coconut ( khobra ) bhi nai milta
Reliance Smart Bazaar (Big One) is competitor, Reliance Smart Point has low availability of items and discounts are not good as well. In our locality multiple smart points have closed due to loss and no staff.
It's true but a competer to hai reliance bhi kahi na kahi
@@helenv3525 Yes and hamare locality me Star Bazaar (TATA) bhi hai. Toh woh dusra competitor hai Mumbai side.
What a way to explain
Excellent Prasad. Very nice
Damani should see this video. Not even his management would not have this much deep information. Keep it up Prasad!
😂😂
Kuch bhi? 😂
Yes bhai
Gass chilte he office me Beth kar 🤣
Lol 😂😂 bro just chill it's too much 😂
If he has so much depth he would have opened DMart
i am a working professional based in Bengaluru. I stay alone in rented apartment and its been 3 years since i shifted here. There is a dmart store like 3kms aways from my home. In last 3 years i have visited dmart max 3-4 times, bcz i buy everything possible from Quick commerce or Amazon/Flipkart.
I kinda disagree.
There was a research by indus vallesy which describes India in three catagory top 10% which is affluent, next 30% which is solid middle class. And next all of them.
Blinkit and zepto primary coustomer is in top 10%, but dmart coustomer is the 30%. I think dmart is more hit by zudio type company
That's what he said in the video. Watch again.
Chhattisgarh main to shubham k mart ne d mart ko accha compitition de rha hai
@@kamleshverma123 lekin Shubham k mart is like a second option utna discount nahi deta
@@kamleshverma123wo hoga kyunki log bhi small kirana stores ki jagah Dmart ki tarah bade store kholne Wale hai.
Dmart will definitely survive at our mulund outlet there is no place to stand,it's packed n Indians love to see n shop
As an Dmart employee, I also agree with that. During previous year of Diwali, our sale was crossing 1cr for almost 8-9 times during that month. And if we talk about our monthly sale during Diwali period , it was around 16cr . But in current year our sale was only 11cr in month of Diwali. I am unable to understand the cause behind that.
People are relying on quick commerce, also, many feel that the DMart in-house product quality is inferior.
In bangalore, stores like lulu hypermarket and spar are very competitive for dmart prices. And if dmart doesn't cope up with them, dmart is gonna be history like big bazaar very soon in bangalore and similar cities
D mart shud experiment with Its Quick commerce in North ,east and North east India and also opens up in North,east and North east
Damani does not want to do it . he is old fashioned man . he does not do it in Areas where he has access also
Company is almost debt free.
Company has delivered good profit growth of 23.0% CAGR over last 5 years
Company's median sales growth is 28.3% of last 10 years
We have stopped going to demart becuase of Rush & People's bad civic sense. This diwali also we purchased from local kirana shop he also gave discount with free home delivery.
Yes... always support small vendors/kirana stores whenever possible.. doing this from last 15 years..
I have only heard about Dmart..big bazar..star-bazar.. big basket and what not... just big names...
Quick commerce business will not last long and it is bubble..reason: 1) they will increase their service/retail prices in future 2) logistical stores on rents 3) investors will pullout their investment based on demand/ margins 4) Indian middle class only prefer affordable.
think in other way , In future more thing will be added like Electronics that has higher margin , some brands can have exclusive launch or exclusive product on these qc like MI mostly choose flipkart to launch their new product , so if you are loyal to product you have to buy it from that QC or respective ecommerce , QC can grow at astounding pace , they don't need to buy huge stores so market penetration would be higher and since dark store is owned by property owner itself it gives an added advantage , when the volume will increase their is more margin while operating cost will mainly remain same and they can offer better discount also, their is network effect works like if HUL is selling on blinkit dabur have to come also ITC have to come and as more and more brand come so this will bring more costumer who prefer specific brands and now this will give these QC a barganing power to ask for deep discounts from these FMCG behemoth and they can transfer that to their customer or can play price war with kiranas or even these legacy hyperstores, they are online they continually generate data like which product has maximum demand what are the products that we can sell in specific area and not on other area they can optimise their inventory according to that data , they can forecast demand , their can alter consumer preferance like youtube homepage and this can be habbit forming .
8:16 ZUDIO BY TATA 😅
Good Analysis. I agree that these quick commerce companies are just playing the valuation game. They are here to make money like byjus and don't care about long term sustainability.
I request you to create a video on Climate change, spreading awareness around it important.
Dmart is best. I can save 1500 rs around on mrp with just 10rs travelling cost. Also I am middle class person. No free delivery no online Order. I don’t think it’s convenient. Ek month Mei ek din tu milia hi hai. ITNa v busy ni hona hai life. Offline shopping se field knowledge v milta hai
Sab thik hai. Lekin start up aur quick commerce ka problem hai. They will never be profitable. They will burn money till close. D Mart is profitable. generally companies go to hibernate mode in which they make profits but they don't grow. But it will last for 3 to 5 years. In this period quick commerce Wale Paisa burn karke khud jal jayenge. Aur phir yah D mart phir chalegi. Dekho godrej consumer ko. Silently work kar rahi hai. Kisi se kuch Lena Dena nahi hai. Where start ups har saal loss me ja rahe hai.
bhai ye sab bakchodi hai mai bata raha hu. Ye nahi hota wo nahi hota bol bol ke sala zomato 30 billion hogayaya. If u just feel ki ye nahi hoga wo nahi toh you are just living in a delulu world
@@chadchandan Bhai Amazon, wallmart waale itna easily Chodh denga market swiggy, zomato ko lagta hai tumhe. 10 billion kharch karna Indian market ke lie unka haat ka maile hai. Or Quick commerce Ambani, Tata ka v shar dard kar rha hai, jaise Inka Offline sale camm ho rha hai. Jiomart, big basket mai farak padhfa or eya itna v easy hatenga nhai. Market size inko v pata hai. Indian retail consumer market is Gold mine. Eya sab Swiggy, zomato Baccha hai itna badhe market ke lie
@@Orexx90 bhai wo thik hai lekin its all about company structure. these big companies take a lot lot lot time to implement things. Zomato and swiggy are now too big to get acquired. Zomato is very fast in making things u see ye swiggy ke just thode din pehele 8500 cr raise karne wale hai aisa news aya. SO at the end is all execution. JO smart hai wo aage bad jayega
Only the upper middle class uses quick commerce, rich class don't, they have servants to fetch the grocery from stores. And even if they buy the stuff themselves, they will always go to high end superstores, where the cost of the goods is much higher than what quick commerce typically offers.
Spoiler Dmart Quick commerce Comming soon
All i can see is that retail is selling & institutions are buying. Even it's shareholder number is constantly decreasing. It was pumped up like anything. Now rationalizing. And I feel, once there's rate cut, it will start to grow again.
Buy gold stock motison jewellery
Dmart UP, BIHAR, W.BANGAL me expand kyu nahe karta.. ye 3 states me India ke lagbhag 25%-30% se jata population hai
@@SatyamKumar-cp7yc wo building he loot lenge 😂
Safety chaiye bhai. Gundagardi karenge te koi nahi aayega
@@MoinKhan-uf4pg aur ha rape bhi west bengal may
Dear Prasad,
9:15 u mentioned tht 80 crore population take groceries from ration shops. only rice is available in ration tht too no below middle class ppl will eat those ration rice. so all purchase their groceries from shops only. Try to get ur facts clear.
DMart , E-commerce and Quick Commerce All Are 4 Din k Mehmaan ... Aage tak chalega wahi Jo saalo se chalta aaraha hai - Baniye ki Dukaan ...
Dekh lena
Dmart is here to stay. Offline retail ka king 👑. Dmart mein bheer dekhlo kabhi khatam nahi hota. So being a dmart investor like to hold dmart for long term
Bhai Dmart kisi lallu chhap ka toh hai nhi 😂😂
DMART should focus on centralised purchase and not depend upon local purchase. This will be difficult, but if executed, it will help both the customers and management for sure.....
7:46 zudio? XD
the only fck up Dmart are doijng is not targetting more Tier 2 cities , until n unless they dont do that they will see decline in profit n revenue
In Tier 2 cities , people love visiting such type of stores , its like outing to most of the people
Near my home , we have V mart (most of the time , customers are there )
As in tier 2 , tier 3 cities , the options to visit places for outing are minimal so still people prefer going to super marts , which is a kind of outing along with that they buy their household stuffs
Also lands are cheaper as compare to Tier 1 cities
This is something i did mailed Dmart back in 2k21 , that target state like UP, Bengal , Bihar , Jharkhand < Odisha , then u will see a good result
Zudio (TATA) knew the advantage of opening stores in Tier 2 cities and its now yielding them good results
Dmart should religiously think about their approach
Whom did you mail in dmart?
They don't want to open stores in bimaru areas😂😂
Dmart is open in City and it's Tier-2&3.
@@Prashanthtrader1981very true, problem with nonsense people.
i live in Lucknow, they don't even have a single store of Dmart in here. This is tier 1 city with huge malls like LuLu, where we have to wait for billing even with the 20 billing counters, but still Dmart is ignoring such large audience even with such competitive prices.
It will change with generation. Gen z gen alpha will more tend to prefer quick commerce or in metro cities they prefer quick commerce because of traffic and hassle.
Dmart can have QC in metro and continue to operate same way in tier 2 cities
Slow and steady wins the race until the race changes.
Physical marketing karne s man khush hota hai,
Online shopping buy ho gaya aaur kuchh nahi..
Esliye physical buy kare taki aapke time v aanchha s gujar jayen g....
3rd party services(Quick commerce) has to keep prices little high when compare to stores to keep in the business and also has to charge for delivery service.
Dmart customers prefer to go there....and they are quite ok with it, they'll do the needful going forward.
Swiggy and Zomoto emerging as new age fmcg and retail alternatives hence future of large scale stores at present real estate prices that too in metro cities
This is INDIA 90% people are either of poor class or medium class category. No worries for Dmart,Retail shops. These quick service providers who give discounts now & will take commission later won't survive much. Blinkit,instamart,etc won't survive for long term. Commision based companies should be boycotted.
Dmart is here to stay. You need to understand the Indian economic scene before you provide any analysis or do any Comparison.
Maintaining dark store, mother store, and delivery partner will be tough for quick commerce
There is no competition for DMart. Zero debt company with High profits. They don't need Investors.
I think quick commerce won't affect dmart as much as local stores
Dmart destroyed innumerable small shops throughout the country. I'm happy they are tasting their own medicine.
Now blinkit will kill the remaining stores 😂
When country stage their phase from developing to developed economic it will affect small shops. Look at USA you won't get that much small shops but people prefer wallmart and Costco. The way people goes to Dmart is future.
Quick commerce is a luxury, and not everyone will use or can afford it everytime or even need it. A large part of customers look for value which is available in stores like dmart. I am a regular customer from 10 years and I'd choose quick delivery only for highly urgent needs because they are expensive. Not to foget the experience part of shopping which is missing in quick commerce. Also, we never know how sustainable this model is. Now they might be burning investor money but once they start monetizing it, people may turn back to supermarket stores.
I have full trust in Mr. Radhakishan Damani, all analysis you have done definitely known to him and he knows how to handle it. He has seen lots of ups and downs in life. Demart's business model is for the long run.
But if you visit dmart stores they have their regular customers intact and most of them are happy. A trend seen is those customers are less likely to use quick commerce like blinkit or instamart. Most of the dmart customers plan their entire months budget and buy at once in bulk. Long term growth is intact. I dont see any of their core customers shifting.