As the retail landscape continues to evolve, it’s crucial for retail executives and small business owners to stay informed about emerging business models. In this post, we’ll explore three key trends reshaping the industry: social commerce, video commerce, and direct-to-consumer (DTC) commerce. We have addressed the phenomenon of quick commerce in a separate post The […]
In the labyrinthine alleys of India’s bustling cities, a quiet revolution is unfolding. Or should I say, a quiet execution? The victim: the humble kirana store, that stalwart of Indian retail, the cornerstone of communities for generations. The executioner? A sleek, silicon-valley inspired phantom called ‘quick commerce’. Let us not mince words. We are witnessing
Retail is still being disrupted The recent spate of headlines and announcements are signaling a paradigm shift in the retail industry as quick commerce companies redefine the boundaries of convenience and speed for the discerning urban consumer. In a story titled Quick, quicker, quickest: The impatient Indian fires up an Industry published on May 29th
India’s vibrant retail tapestry is woven with threads of tradition, innovation and resilience. At the heart of this vibrant ecosystem lie the unorganized retailers – the beloved “kirana” and “medical” stores – cornerstones of communities for centuries offering not just goods but a sense of belonging and familiarity. A Legacy of Service – From Ancient
Driven by rising affluence, increasing willingness to pay for convenience, rising urbanization, increasing willingness to shop online, and preference for more frequent, unplanned, and top-up purchases, pandemic period confinement consumer behavior has significantly changed in the last few years. A trend that has been accelerated by increased penetration of smart phones and cheap data. Q-commerce
As part of our mission to identify sustainable survival spaces for our neighbourhood Kiranas in a landscape increasingly characterised by the presence of organised retail and e-commerce players, we are conducting exploratory interviews with Kirana owners. Today, we share insights from an in-depth interview with a local kirana owner. This particular interview focused on a
