2. In the Global Economy, Market Share of Supermarkets is
increasing day by day. It is good sign because it is increasing
Employment Opportunities along with ease for Consumers with
respect to Availability, Quality and Reasonable Prices etc.
But on the other hand, Small Shops / Local Business / Retailers
are being badly affected in terms of their Sales, Profit and Market
Share in the Global Economy. God forbid, soon they will be in a
very difficult position and will not be able to survive. In other
words, one segment of economy i.e. Supermarkets will be on
Highest and other segment of economy i.e. Small Shops will be
on Lowest or will be disappeared.
3. According to me, it is not a good sign of a Stable and Good
Economy wherein one sector is succeeded after killing
another segment. Any new emerging sector should make
its position in the economy, separately without destroying
other sectors.
Anyway, we all concerned particularly economists should
play the role to revive this dying sector. According to my
limited perception, I have devised a solution in shape of
‘Connected Shops’ that should work as follows:
4. - Many shops, adjacent to each other, should form a business alliance as a Connected Shops /
Small Supermarket. For example shops of cosmetics, vegetables, fruits and hardware etc. if
adjacent to each other, can make a Connected Shop.
- They should not build a partnership but a Joint Selling Point only wherein they can sell jointly
but can earn profit separately as they were making previously.
- They can also make a joint name for their Connected Shops for the ease of customers and
marketing perspective.
Believe it, this could be a useful solution to revitalize small shops. These Connected Shops will
attract consumers more & more because they will buy their necessary items through these
Connected Shops very easily instead of going Supermarkets. This new strategy will not destroy
the business of Supermarkets but people will be having both choices whether to go to Connected
Shops or Supermarkets. It will depend upon choice, urgency and need of the clients. Hence, both
sectors will enjoy good growth separately and no sector will be destroyed or lose its share from
the market / economy.
BETTER ECONOMY; BETTER PROGRESS; BETTER PROSPERITY…