ProfitS margin in the grocery store business in India. You can expect a profit margin of 35 to 40% for a grocery store in India. The profits mainly depend upon the quality of the products and the maintenance of the store. You need to make a mark in the market for quality
But why should you get an online grocery store?
Imagine you already own a grocery store in your locality and you are good enough to fulfill your daily local customers’ need and get profits.
Hence you are happy with your business but what if I say that you can earn 10 times more profit than your current profit?
After the jio revolution, everyone has started to realise the power of internet in India. Online shopping sites provide you anything you need like buying clothes, ticket reservation, buying furniture, electronics, whatever you need, you can find online in reasonable rates.
Now, if you are not convinced till now, lets scratch some more ways to convince you.
Lazy day, none wants to shop but feeling hungry-Is grocery business profitable in india
This is the common issue of every third Indian. We like to sit and get whatever we need right at our doorsteps.
We can call or order online for the things we need and get it as soon as possible. Help the lazy Indians and they will get converted to your everyday customers from new customers.
You wont need a store but just a warehouse.
Local Grocery stores need a shop and a warehouse but as an e-grocer Is grocery business profitable in india shop owner you will just need a warehouse in a specific area. This will not only help you to save money but will also be easy to manage.
Big online Grocery stores are still not in every part.
This is big. India is a huge country and groceries are needed by everyone but the big e-grocery sites are still not able to get into every part of India but you being a local e-grocer can acquire your whole local area.
Amazon.in
Amazon.in
Amazon.in
