The success of Easyday’s online grocery business has attracted many & people who are following the same path. Now people usually stay home & order online for their shopping needs. Due to the current situation, people don’t prefer to go away from their homes. Now if you thinking of how to start an online grocery business, this is the correct time to act & outstand.
Growing Demand of Online grocery e-grocery business in India
The demand for online business in India is growing. Grocery is a daily part of our lives & we can’t ignore it. As of now, only players are available in grocery marketing for online shopping. Whereas the market is huge, Big Players like Amazon, Grofers, Big Basket & Easy day are operating with limitations. The easy day has recently launched online shopping for all its customers through the online/web & Whatsapp feature. Their Whatsapp grocery shopping model is widely accepted by all customer segments.
Current Market Players in Online Grocery Shopping
Easy day stores have a strong presence online & offline, they have more than 800 stores. Their successful store in the grocery shopping business will lead a path for newcomers. Today we will discuss complete details about their online grocery shopping business & how you can start your grocery shopping store online.
Online Grocery Shopping Providers in India;-
Currently below are the major grocery shopping players who are offering an online-only model for grocery shopping;-
- Big Basket
- Flipkart Grocery
All the above players are providing an online-only mode for delivering groceries to our homes. They all are serving a huge customer base & providing doorstep delivery in various areas in India.
Omnichannel Model for Grocery shopping;-
These companies offering an omnichannel model for grocery shopping, you can either shop from their store or order online. Below is the list of major players in Omnichannel grocery shopping in India.
- Easy Day
- Big Bazaar
- Reliance Retail
Above big players are providing home delivery of grocery products from their omnichannel. These are major grocery retailers in India having a strong presence in both the format online & offline.
Why Online grocery shopping is Best option?
To start with; starting your online grocery shopping store is the best option as compared to a physical retail store. As the online business growing fast due to the use of mobiles & cheap data plans. People can now use mobile with free Internet & complete their shopping online. Before you start your online grocery business let’s discuss why starting an online business is best;
Easy to Start Business;- As compare to the offline grocery store, the online grocery store doesn’t require much effort to start with. The cost of investment involved in the online grocery business is less. You just need to have inventory & you can kick start your grocery business.
Exponential growth opportunity;- Growing demand for groceries & ease of access has given online shopping a new avenue. People just love to click & shop kind of experience which is Easy day stores providing to its customers.
Earning Potential;- Once you have set up your online store & do some basic marketing, you can start receiving the orders. From the very first customer, you have huge earning potential, as grocery shopping is a recurring business. Once a customer is fully satisfied with your services they will love to visit you again.
How to Start Online Grocery Business & Run like Easyday Online complete process
Follow the process to start your online grocery store & start your journey of online business in direction,
- Business Plan
- Register Your Business
- Choose Products
- Select Delivery Model/App
- Select Area of Delivery
- Payments Options
- Delivery Schedule
Business Plan for Grocery online shopping;-
As said without a plan nothing can be achieved. So there must be a strong business plan for your online business journey. In this business plan, everything should be in detail, whether it’s marketing, inventory details plan will help you to fulfill your earning potential.
Register your Online Business official;-
Once everything is finalized as per your business plan, the next step is to get it register. Complete the process of registering your business. From trade licensees to GST registration, complete all the required document which is compulsory to do the online business successfully as per the govt. norms.
Choose Products for your grocery store;-
This is a very crucial part of your online success journey. Choosing the right product is the main key. Once you have done your homework well for this activity, no one can stop your success journey & follow your dreams. To choose with research for the products; find the product gaps in the online marketplace & act accordingly.
Select Delivery Model for grocery shopping;-
Be it App only store or a web-based grocery store choosing the right model as per your business & product mix is advisable. As Easy Day stores offering all the 3 available models, web-based, App based & Whatsapp-based you may choose which suits you well.
Select Area of Delivery;-
Select your delivery area for grocery shopping wisely. After completing all the above-said steps, choosing the right delivery location is advisable. In the starting phase, you can go with serving in your local area only. Once the business is grown well, gradually increase your area of radius for grocery delivery. Pin code-wise delivery location can be your next area of scope. Most of the online players work on this method for grocery home delivery.
Select Payments mode for Home Delivery;-
In the starting to avoid any losses start with the prepaid method only. After getting confidence from the customers starts the COD option. Selecting the COD option in the starting phase may cause losses, as you are in the initial stage. Card payments can be added later once you crossed your initial phase of the grocery shopping business.
Delivery Schedule for Grocery Shopping;-
Doorstep delivery & store pickup are the popular modes of delivery for grocery shopping. Selecting the correct delivery option in the initial online journey is suitable for your product mix. Always select doorstep home delivery in the first phase. Select a delivery partner for your grocery delivery business. Most of the last mile partners allow delivery.
Conclusion;- How to start an online grocery store like Easy day? I hope now this has solved your problem. Starting a grocery store keeping in mind your business plan is a must-have.