Difference Between Big Basket and Grofers

With the introduction of eCommerce in India, many companies such as Flipkart, Myntra, shopclues, snapdeal and many more started their eCommerce business and some of them have become the first choice for the people around the country. But soon we saw the two companies which started its online services for the basic daily needs of the people. These two groceries giants are BigBasket and Grofers.

Grofers vs BigBasket

But both the grocery doorstep delivery services provider used two different strategies to reach to their customer base. Both the companies are backed by two large market players Alibaba and Softbank.

BigBasket backed by Alibaba while Grofers is backed by Softbank and Tiger Global Management. BigBasket which became the first choice of many of the consumers to get many daily needs items under one roof at the same time Grofers choose some categories to compete BigBasket. This competition in groceries market is just like Amazon and Flipkart.

As said by Ankur Bisen, who is an Associate Vice President of Retail and consumer product at Technopart Advisors, “a company should not choose certain categories in retail. This is because in groceries each and every product has its own share.

According to Albinder Dhindsa, co-founder of Grofers, the company was able to do sales of Rs 700 crore in the financial year 2018, which is Rs 250 more than the previous year. And now Grofers is planning to take its sale to Rs 2,500-Rs 3,000 crores in the financial year of 2019.

It was further said by the co-founder that over the two years Grofers is able to become popular between the lower middle class families often known as “motorcycle families”. Grofers is also into B2B vertical where it provides groceries to large restaurants and hotels at competitive prices. Apart from this Grofers is also a tie up with some third party brands where it gets good margins. We got certain news, according to which Grofers is in talks of getting about $100 million fresh funds for its development and reaching to more and more customers.

While Big Basket is just opposite to Grofers. The company is going to make gross sales of Rs 4,000 crores in this fiscal only. It also introduces some new categories and discounts to its customers to capture the market with its services. It constitutes different categories like from fresh fruits to even meats. The products include third party as well as in house-made. The in house products constitute a sale of about 36% of its total sales.

With large funds coming inside, BigBasket is now planning to expand its supply to categories like meat and beauty. It is still delivering meat but now it is getting supply from vendors. But the plan is to reach directly to the animal breeders which would be similar to its fresh supply of vegetables. It takes about 80% of its fruits and vegetables directly from the producers. It not only constrains the brokerage but also letting farmers to make good income.

Apart from this BigBasket is also planning to start its new services like subscription-based diapers and milk delivery business.

Wrapping it up

BigBasket and Grofers both have their own kind of business model and it is clear that both are getting good investors too.

But if Amazon and Flipkart will come into this same market then the situation can go a lot more competitive and these two companies (Grofers and BigBasket) will have to face a lot of turbulence as both are large giants with deep pockets.…

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Creating Multiple Streams of Income is More Possible Online than Offlin

Your mission, should you choose to accept it , is to make as much money as possible online from the comfort of your own home. This isn’t mission impossible; this is mission more than possible. Everyday, thousands of people (and I am just being conservative here), are making an insane amount of money online, just by being a work at home agent. The key is not just to be a static conservative; but be a dynamic liberal. In online work terms, this means to challenge yourself and work for several different companies. By creating multiple, differential sources of income, you can earn a whole lot more in half the time.work-from-home-scam

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Working from home is a dream come true for most people – including me. No longer suffer things like a nagging boss, the daily commute or low paychecks for over-burdened workloads

Researching online, you will find plenty of opportunities, anything from virtual customer service operators, filling out transcriptions, writing blogs, articles, tele-marketing – the options are numerous and sometimes daunting. I will list a few examples of things that anyone can do to create multiple sources of income at home.

Article writing

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Online Call center agent

Online Call centre agent. This is something that anyone can do as well. Companies are paying on a per hour basis and the good thing about this is that you can customize your work experience. Just how long you work per day is really up to you, and you can work for several organizations. Split the work up – try dedicating at least 3 -4 hours a day being a virtual call centre agent and earn as high as $50 an hour.

Selling Your Own Products Online

Either it’s trading, marketing or just using a website as a platform for selling products and services, this is another option to create multiple and lasting sources of income on the Internet. It’s all about knowing your product and knowing the market and driving targeted web tgraffic to your website. Once you have mastered that – all you have to do ismaintain your site, and traffic generation. Then, sit back and watch the money comeroll in. This obviously only applies if you have your own product/service to sell or are prepared to go the lengths to create one.

Above are just some possible examples but the easiest and best way I have found to make multiple streams of income online is by becoming an affiliate marketer. When you become an affiliate you basically join a company and make commission off any product or service you sell. You can join as many affiliate programs as you like and there are affiliate programs for virtually every market known to man. Click here to discover how you can make 5 residual income checks every month from one web business – set up for you in 24 hrs or less.…

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