Mobile Apps have transformed the entire retail industry. Out of which, the grocery business has observed tremendous growth
Before, making your mind how to start an online grocery store business, you should get a brief idea about the important and its features
- Better Inventory and Order Management.
- Enhanced Convenience.
- Analyzing consumer behavior & delivering personalized offers.
- Enhancing Customer Loyalty by offering Loyalty Program.
- Reducing Overhead.
- Order Tracking.
- Payment Options
Hyperlocal Grocery Business Model – this model is quite popular in recent days and it connects customers to local grocery stores and will let them have their orders at their doorstep. Instacart follows this business model and has succeeded in the market.
Inventory Grocery Business Model – this model supports the admin of the platform to maintain the inventory and collect supplies from grocery suppliers. The platform will buy products from suppliers and will store them in their warehouse and will dispense it to their customers. FreshDirect is an example of this grocery business model.
Multi-vendor Grocery Business Model – this model doesn’t stick on to a particular grocery supplier as it will be connected with multiple suppliers and customers can select their grocery stores and can compare prices with other sellers and can select the one that is comfortable for them. Peapod uses this grocery business model.
Get a customized online grocery shopping platform and so the growth is unbelievable. So, stepping into the grocery store business is the right decision and you can implement innovative marketing strategies.
