1) The document provides current statistics on online grocery shopping in Asia Pacific, including that 63% of shoppers use social media to make purchase decisions and 53% of research time is spent on connected devices.
2) It also summarizes benefits and challenges of online grocery stores such as offering a wide range of products but difficulties ensuring quality of perishable items.
3) The most appropriate business models for an online grocery store in Singapore are identified as "Store to Home" delivery and "Click and Collect" pickup as they can leverage existing retail networks.
Online Grocery - Partnership Proposal
This presentation discusses the demand for online groceries, it includes many researches on market and customer trends as well as a business study on sales and cost and how to implement the solution in an effective manner to capture as big of a market share as possible by partnering with established brick-and-mortar stores.
Mohamed Al-Amoodi
July 24 2013
Online Grocery - Partnership Proposal
This presentation discusses the demand for online groceries, it includes many researches on market and customer trends as well as a business study on sales and cost and how to implement the solution in an effective manner to capture as big of a market share as possible by partnering with established brick-and-mortar stores.
Mohamed Al-Amoodi
July 24 2013
Project On Online grocery_MBA Marketingsagar reddy
1) To study the perception of grocery retailers towards click and brick model in Bangalore.
2) To understand the impact of brick and click model on customer retention.
3) To understand the customer willingness to purchase grocery online from local
retailers.
Goteso is top on demand grocery ordering and delivery business app development company, known for its best online grocery store software developers across the globe.
HI GUYS , i am a PPT enthusiast who likes creating PPTs on various topics around the world.I will provide u guys with PPTs on various topics that will help u in schools ,colleges and even in professional organizations.
IF U WANT A PPT AT A CHEAP PRICE DM ON LINKEDIN
www.linkedin.com/in/aryan-trisal-420253190
A Group Presentation for "Entrepreneurship and Creativity " module at University of Nottingham, Malaysia Campus.
https://www.facebook.com/Fahad.R.Rehmani
pk.linkedin.com/in/fahadramzan/
https://twitter.com/FRamzan
compartive study between bigbasket and grofers on the basis of different factors. and also to understand the SWOT analysis for both these online delivery stores.
this helps you to make your presentation skills better.
It will also helps you to to enhance your skills.
It will be helpful for students of final year of study in becholers
E-commerce -- electronic commerce or EC -- is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
Electronic commerce or ecommerce is a term for any type of business, or commercial transaction that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge.
Ecommerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. In the near future the boundaries between "conventional" and "electronic" commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet.
See more
https://goo.gl/ZZ8iYW
Contact us:
Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Mobile: +91-9811043595
Website: www.entrepreneurindia.co , www.niir.org
Tags
Electronic Commerce (ecommerce), E-commerce, what is e-Commerce? - How to Start an e-Commerce Business? Start E-commerce Business in 2018, Starting an E-commerce Business, How to Start Ecommerce Business in India, E Commerce Business Ideas, e commerce Business Plan, How to Start Ecommerce Business Pdf, e Commerce Business Opportunities, Ecommerce Business Ideas in 2018, E-commerce Business Ideas with High Profit, Amazing Startup Business Ideas that'll make you Money, Profitable Innovative Ecommerce Business Ideas, ecommerce Ideas to Make Money, E-Commerce Startup Ideas, E-Commerce Business Ideas You Can Start Up Today, E-Commerce Business & Franchise Opportunities, Business Opportunities in E-Commerce, E-Commerce Business Opportunities, E-Commerce Business Ideas & Opportunities, Cost of Setting Up an Ecommerce Business in India, How to Start Your Own Ecommerce Business, Indian Ecommerce Industry, E-Commerce in India, Detailed Project Report on E-commerce, Project Report on E-commerce, Pre-Investment Feasibility Study on E-commerce, Techno-Economic feasibility study on E-commerce, Feasibility report on E-commerce, Free Project Profile on E-commerce, Project profile on E-commerce, Download free project profile on E-commerce
We're an technology driven hyper local delivery services company based out of Bangalore to helping restaurants, bakes, medical stores or retail shops engage & manage your business without the worry of delivery.
Project On Online grocery_MBA Marketingsagar reddy
1) To study the perception of grocery retailers towards click and brick model in Bangalore.
2) To understand the impact of brick and click model on customer retention.
3) To understand the customer willingness to purchase grocery online from local
retailers.
Goteso is top on demand grocery ordering and delivery business app development company, known for its best online grocery store software developers across the globe.
HI GUYS , i am a PPT enthusiast who likes creating PPTs on various topics around the world.I will provide u guys with PPTs on various topics that will help u in schools ,colleges and even in professional organizations.
IF U WANT A PPT AT A CHEAP PRICE DM ON LINKEDIN
www.linkedin.com/in/aryan-trisal-420253190
A Group Presentation for "Entrepreneurship and Creativity " module at University of Nottingham, Malaysia Campus.
https://www.facebook.com/Fahad.R.Rehmani
pk.linkedin.com/in/fahadramzan/
https://twitter.com/FRamzan
compartive study between bigbasket and grofers on the basis of different factors. and also to understand the SWOT analysis for both these online delivery stores.
this helps you to make your presentation skills better.
It will also helps you to to enhance your skills.
It will be helpful for students of final year of study in becholers
E-commerce -- electronic commerce or EC -- is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
Electronic commerce or ecommerce is a term for any type of business, or commercial transaction that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge.
Ecommerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. In the near future the boundaries between "conventional" and "electronic" commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet.
See more
https://goo.gl/ZZ8iYW
Contact us:
Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Mobile: +91-9811043595
Website: www.entrepreneurindia.co , www.niir.org
Tags
Electronic Commerce (ecommerce), E-commerce, what is e-Commerce? - How to Start an e-Commerce Business? Start E-commerce Business in 2018, Starting an E-commerce Business, How to Start Ecommerce Business in India, E Commerce Business Ideas, e commerce Business Plan, How to Start Ecommerce Business Pdf, e Commerce Business Opportunities, Ecommerce Business Ideas in 2018, E-commerce Business Ideas with High Profit, Amazing Startup Business Ideas that'll make you Money, Profitable Innovative Ecommerce Business Ideas, ecommerce Ideas to Make Money, E-Commerce Startup Ideas, E-Commerce Business Ideas You Can Start Up Today, E-Commerce Business & Franchise Opportunities, Business Opportunities in E-Commerce, E-Commerce Business Opportunities, E-Commerce Business Ideas & Opportunities, Cost of Setting Up an Ecommerce Business in India, How to Start Your Own Ecommerce Business, Indian Ecommerce Industry, E-Commerce in India, Detailed Project Report on E-commerce, Project Report on E-commerce, Pre-Investment Feasibility Study on E-commerce, Techno-Economic feasibility study on E-commerce, Feasibility report on E-commerce, Free Project Profile on E-commerce, Project profile on E-commerce, Download free project profile on E-commerce
We're an technology driven hyper local delivery services company based out of Bangalore to helping restaurants, bakes, medical stores or retail shops engage & manage your business without the worry of delivery.
Wit real-estate cost/rental on the rise, e-retail is a popular avenue for entrepreneurs seeking the retail segment. And selling grocery, vegetables and fresh food online is catching up in the tier-I cities closely followed by tier-II cities. Our services and proven expertise can go miles in paving your way to that entrepreneurial dream of starting an e-grocery store.
Tracxn Startup Research - Online Grocery Landscape, August 2016Tracxn
Five companies — Big Basket (Bangalore, 2011), Benlai (Beijing, 2012), Thrive Market (Los Angeles, 2013), Fruit Day (Shanghai, 2009), and RedMart (Singapore, 2011) raised funding rounds of over $100M this year.
Introduction to tourism systems
Impact of IT computing on tourism systems development
Internet services and Web generations
Key funcionalities of e-business systems
Customer Relationship Management - CRM
Enterprise Resource Planning - ERP
Supply Chain Management - SCM
eTourism
Cloud Computing
Cloud Tourism
Although money is being poured into the online experience the physical retail store remains an important channel in the experience for customers. However, a disparity is emerging between the expectations customers have and the investment retailers are making. While retailers believe enough is being done to re-imagine the physical store experience, customers disagree. In this paper we explore the disparity and what to do about it.
Omni Channel Business Trend: an Opportunity to Grab Our Customer BusinessJeffrey BAHAR
STAR event was held to give an appreciation for top 50 Samsung's Handphone Retailers across Indonesia. Spire, along with Google and Kadence, was invited to STAR event to share their knowledge and applicable strategy to improve offline handphone retail business. Spire Indonesia Senior Manager, Albertus Edy shared the importance of offline to online (omni-channel) strategy to the retailers.
He said the online retailing has not completely shift the purchase behaviour, since most of the purchase activities are still found in offline retail stores. However, business adaptation to bring multi-channel experiences would be a significant advantage in current competition. Available at anywhere and accessible at anytime are the concept of Omni-channel that is urgently required.
People have changed the way they purchase things. Rather than going to the nearest store to research and make a purchase, customers now prefer to research online and then buy in-store, or vice versa. With the increasing popularity and use of mobile technology, people expect buying things from wherever they are and whenever they want to.
Understanding the mobile user experience is vital for every marketer to maximize their campaign effectiveness. Most consumers now have constant connectivity –whether this is by smartphone, tablet or computer - they are ‘always on, always connected’.
- 52% of website visits are now made via a mobile device
- 1.75 billion people worldwide now own a smartphone, with 173 million users in the US
- Mobile accounted for 57.1% of all online Christmas shopping traffic and 34.8% of total Christmas Day online sales in the US in 2014
The charge from Target was to deliver recommendations for improving the relationship between Target's retail stores and online website. In addition, shopping behaviors of the cross-channel consumer were to be considered while developing recommendations. Each MKT 301 class was broken into 7 groups to deliver their own report. After these reports were delivered, leaders from each group formed a 7-person team, who created a presentation for Target executives. This presentation is from Spring 2010 MKT 301 Section B at Miami University.
What’s the outlook for retail in 2015? What can you do to meet rapidly changing consumer expectations? What are your peers doing? Find out in the slides from our live webinar, hosted by Paula Rosenblum, managing partner of Retail Systems Research (RSR), and Pete Zaballos, vice president of product and marketing at SPS Commerce.
The age of experience: A report by 451 Research and AdyenAdyen
451 Research and Adyen teamed up to better understand how shoppers are reshaping retail. This survey explores new shopping experiences, expectations and retailer reactions.
Ang Chong Yi Navigating Singaporean Flavors: A Journey from Cultural Heritage...Ang Chong Yi
In the heart of Singapore, where tradition meets modernity, He embarks on a culinary adventure that transcends borders. His mission? Ang Chong Yi Exploring the Cultural Heritage and Identity in Singaporean Cuisine. To explore the rich tapestry of flavours that define Singaporean cuisine while embracing innovative plant-based approaches. Join us as we follow his footsteps through bustling markets, hidden hawker stalls, and vibrant street corners.
Roti Bank Hyderabad: A Beacon of Hope and NourishmentRoti Bank
One of the top cities of India, Hyderabad is the capital of Telangana and home to some of the biggest companies. But the other aspect of the city is a huge chunk of population that is even deprived of the food and shelter. There are many people in Hyderabad that are not having access to
At Taste Of Middle East, we believe that food is not just about satisfying hunger, it's about experiencing different cultures and traditions. Our restaurant concept is based on selecting famous dishes from Iran, Turkey, Afghanistan, and other Arabic countries to give our customers an authentic taste of the Middle East
2. Current Scenario
in APAC
Percentage of shoppers who are using
social media site to make their purchase
decisions
63%
37%
Use Don’t Use
Percentage of total research time spend
on connected devices for each grocery
shopping activity
Category wise market share in overall
online grocery in 2012
53%
24%
13%
10%
< 25% 26% - 50% 51% - 75% > 75%
0% 10% 20% 30% 40% 50% 60% 70% 80%
Conduct Research Online
Purchase a Product
Comapre Prices
Look for Deals
Read the Retailer's News
Provide Feedback
Percentage of shoppers who engage in different activities during
household grocery shopping
43%
21%
16%
4%
17%
Food Beverages
Personal Care Household Care
Others
Percentage increase in the online grocery spending over the last
five years on a per capita basis ($)
0% 5% 10% 15% 20% 25%
Middle East
America
Asia Pacific
Europe
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
3. DriversforOnlineSuperstoresinSingaporeCurrent Scenario
in APAC
Demographics Consolidated traditional retail market
Median age of a Singaporean is just 33 years suggesting
that most of the population would be familiar with
internet and its usage
Unemployment rate is under 2% indicating the rise of
‘Cash Rich Time Poor’ population
40% of the residents in Singapore are foreigners who
create a huge demand for different products from foreign
countries
High purchasing power and low availability of leisure
time encourage the trend of easy and convenient
shopping at online groceries stores
Two largest players, NTUC Fairprice cooperative and
Dairy Farm International Holding, alone capture above
50% of traditional grocery outlets
Very few hard discounters and hence less price
competition
Create an opportunity for online grocery retail to exploit
the economies of scale and pass on the discount to
consumers
Provide a chance to store varied products to cater the
need of a large customer base
Reduces the cost of expanding into new territories and
acquiring new customers
More than half of the population use social networking
sites like Facebook
Mobile penetration is extremely high at around 150%,
most of them prefer smartphones
With such a high connectivity, it is easier to extract
customers insights and determine products and services
future
Social connectivity increases marketing efforts as it
helps in customizing the advertisements as per the target
preferences
Most of the shoppers look for reviews and
recommendations before buying a product
Broadband penetration is more than 100%, providing
hi-speed service plans upto 1Gbit/s
Majority of the population lives in large metros/cities
which makes it easier to deliver online groceries in an
efficient manner
Due to lack of space, most of the cities have just one or
two traditional stores, which creates a dire need for online
grocery
Strong infrastructure helps in creating a robust
operation model throughout the system
Very high level of Social Connectivity Strong Infrastructure
Current Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
4. Current Scenario
in APAC
CompetitiveAnalysisoftoptwoplayersinSingapore
Fairprice
Cheers
7-
Eleven
Cold
Storage
Shop
N
Save
Giant
Value for Money Pricing Premium Pricing
LimitedRangeExtensiveRange
Windows for
Opportunity
Priceless
Dairy Farm International Holding
Opportunity 1 Opportunity 2 Opportunity 3
Expand Product Range
As evident from above fig., Priceless
is currently having a limited range of
products in supermarkets. With
increase in the varied demand from the
consumers, its high time that Priceless
starts moving up in the 2nd quadrant
Expand into 1st Quadrant
With the rise in ‘Cash Rich Time Poor
’ population, there is an opportunity to
launch stores with higher perceived
value for consumers. Outlet concepts
like the. Thai Street and Japanese
corner can help in this transformation
Prevent Current Market Share
With more and more competition
coming in, it is imperative for Priceless
to tweak its business model to serve
customers in a better manner
Current Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
5. Current Scenario
in APAC
BenefitsandChallengesofOnlineGroceryStores
Infinite Product Offering Value for Money Shopping Convenient Shopping
Online supermarkets can have a large
assortment of products catering to the
demand of much larger user base
These online stores will act as
demand aggregators, hence making it
economically viable to store less
frequently selling products
Delivery Services
Lack of truly flexible and optimized
delivery system can undermine the
online ordering convenience
Delivery charges (though can be
charged) undermine the potential
saving messages of online shopping. A
robust back-end infrastructure is a must
Most of the online stores enjoy
economies of scale, which in turn is
transferred to end consumers through
discounts and deals
The online stores also offer price
comparisons. Hence, each store tries to
provide the most competitive price
The online stores will reduce the
overall time spend on the household
shopping
With more and more customers
using their smartphones to access
internet, online store will provide an
on-the-go shopping experience
Sensory Factors
Even most of the regular online
shoppers are not frequent grocery
shoppers. Inability to see/touch the real
product hampers the purchasing
decisions
This trend is amplified in perishable
food items
Trust
Chances of wrong product selection/
substitution decreases the credibility.
Customers don’t trust others’ choices
on their behalf
Customers might be reluctant to
share their personal data before
making an grocery purchase
Benefits
Challenges
Current Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
6. BusinessModelforOnlineGroceryStoresinSingaporeCurrent Scenario
in APAC
Store to Home Click and Collect
Warehouse to Home Drive Through
Home Delivery Pickup
In-storePickingWarehousePicking
Advantages
Quick to adopt
Can leverage your existing business
model
Disadvantages
High Delivery Cost
Unavailability of ordered product in
nearby stores
Interfere with the daily operation of
supermarket
Customer has to be present at the
time of delivery
Advantages
Easiest to implement
Can leverage your existing retail
network
Disadvantages
Customer sees little difference in
offline and online channels, hence
unwilling to pay any premium
Unavailability of ordered product in
nearby stores
Advantages
Benefits of scale economies
Infinite number of product offering
Disadvantages
High level of customer service
required can make it quite expensive
for grocers
Advantages
Highly efficient pickup processes,
could take even less than 5 mins
Economies of scale benefits
Convenience to customers
Disadvantages
High level of customer service
required
Clearly, ‘Store to Home’ and ‘Click and
Collect’ model seems to be most
appropriate for Priceless to start its
journey in the online grocery retail
Current Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
7. Mobile, Social & PC
growth
Evolving consumer
behavior
Retailer’s Goal
Connect
Interaction
Gain
actionable
insight
Optimize
operations
Web Commerce
Customer
Relationship
Loyalty
management
Business
intelligence
Merchandise
planning
Pricing strategy
Inventory planning
& forecasting
Supply chain/cross
channel fulfillment
Merchandizing
Goal Action Points
BuildingBlockofOnlineSupermarket
Create a customer
experience Platform
Measure satisfaction across
touch points
Re-focus for measurable
results
Embrace advanced analytics
in the era of big data
Focus on cross-channel
capabilities
Optimize operations in real
time
Leverage one version of
truth
Gain visibility into product
availability
Improve the back-end to
perfect the front-end
Current Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
8. Organization’s Problem –
Unable to scale when needed
Experiences consumer do
not want
Unhappy consumer
Unpredictable
consumer
Traditional
Retailing
Missing big opportunities
NeedforAgilityto
Configure
Optimize
Scale
Experiences
Need for system to
retrieve most relevant
info in real time
Adaptive experience
Dynamic
merchandizing
Content
targeting
Product
intelligence
Experience
optimization
Happy user
Modern online
retailing Create a customer experience
Platform
Deliver targeted user-centric
experiences in a scalable way
Allow business users to guide and
influence customers without having to
predict their path, set up scenarios, or
engage IT
Integrate with technologies like Web
analytics , recommendations , and user
reviews to automatically drive elements of
the experience
Mix and match data-driven , dynamic
content and static content
Less no. of clicks to buy a product
Easy to register & avail promotional
offers
Engage More Convert More
ConnectInteractionGainActionableInsightOptimizeoperations
Web commerce
Measure satisfaction across touch
points
Collect and analyze customer data across
all channels
Measure customer satisfaction at all touch
points
Give customer ownership of channel
experience
Share up-to-date fulfillment, planning and
execution information across channels
Customer Relationship
BuildingBlockofOnlineSupermarketCurrent Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
9. Consumer orders
Recipe X basket
Customer Loyalty
Cost effective purchase
for consumer
Added to cart
Recipe
Recommendation
Loyal customer Repeat purchase
ConnectInteractionGainActionableInsightOptimizeoperations
Refocus for measurable
results
Improve customer profitability
by rewarding the "right"
customer behavior
Reduce costs by automating
loyalty management business
processes
Maximize the effectiveness of
customer interactions
Reduce expenses by having
members update information
online
Integrate loyalty programs with
complementary partner
programs
Develop consistent loyalty
program, where customers can
register, check loyalty balance,
redeem rewards and access
specials across channel
Employ personalization
recommendations i.e. recipe
ingredient recommendation,
monthly shopping
recommendation
Loyalty Management
All Ingredients of Recipe X
Ingredient Quantity
A 100gm
B 150gm
C 50gm
Monthly basket
Recommendation
Consumer makes a monthly
grocery purchase
Information
recorded in system
Item list
Item Quantity
A x
B y
C z
Last month’s
items are added
to basket
Updated items
are added to
basket
Very convenient, time saving and
addictive shopping
BuildingBlockofOnlineSupermarketCurrent Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
10. Merchandise
planning issue
No over-stock, solid
markdown strategy, solve
allocation issue
Structured data
Synchronization issue, data unstructured
Cut-throat competition in
retail
Tailored Solution Increased Revenue
ConnectInteractionGainActionableInsightOptimizeoperations
Embrace advanced analytics
in the era of big data
Allows retailers to determine
which items to promote to which
customers using which methods
Provides insight into how
products are selling across
various customer behavioral
attributes
Performs customer segment
analysis based on demographics,
customer value (recency,
frequency, monetary analysis),
lifetime/potential value,
behavior, and item importance.
Determines product affinities
by performing market basket
analysis
Delivering personalized,
tailored offerings to individual
customers can derive improved
revenue conversion
Business intelligence
ERPPOS CRM
Business Intelligence
Focus on cross-channel
capabilities
Connecting siloed source of
data and embed science and
analytics Delivers workflow and a
decision framework that allows
for what-if scenarios and
comparisons
Maximizes margins over the
item's entire lifecycle, not just
during the full-price selling
period
Enables retailers to monitor
performance of past and ongoing
markdown activities against
financial and operational goals
Provides visibility into below-
chain-level forecast
recommendations,
recommended new retails, and
gross margin costs of delayed
decisions
Merchandise planning
BuildingBlockofOnlineSupermarketCurrent Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
11. Accurate Demand Perfect service
ConnectInteractionGainActionableInsightOptimizeoperations
Better
Demand
forecasting
Optimize operations
in real time
Sell through of each
assortment improved,
resulting in better
margin and inventory
turn
More effective
quarterly transitions to
new assortments
Reduced in-store
capacity
Effective price ladders
No of markdowns
increased from monthly
to bi-weekly
Leverage one
version of truth
New planning
system-from pre-
seasonal analysis to
strategic assortment
analysis
Line plan and buying
plan moved to store
level rather than basing
the plans on the total
chain
Customer demand
forecast drives time-
phased inventory
replenishment
calculations
Gain visibility into
product availability
Direct to consumer
fulfillment
Agility driven by
simplicity , visibility and
velocity
Retailers gain visibility
into current and
projected orders,
inventory, and supply-
chain performance
Store inventory needs
are aggregated into
associated warehouse’s
replenishment plan
Improve the back-
end to perfect the
front-end
Split offers and ship
more effectively
Streamlining
merchandizing and
pricing
Manages key
foundation data:
hierarchies, suppliers,
locations, and items
Easily handles multiple
brands, countries,
and/or channels
Pricing strategy
Inventory planning &
forecasting
Supply chain/cross
channel fulfillment
Merchandizing
Accurate
Replenishment
planning
Inventory
Optimization
Low inventory
holding cost
Better service
level
Secure, reliable &
scalable
BuildingBlockofOnlineSupermarketCurrent Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
12. FutureRoadmapforPricelessCurrent Scenario
in APAC
Current Scenario
in APAC
Strategic Options
for Priceless
Customer
Management
Optimizing
Operations
Future
Roadmap
Basics
Features
Increasing
Traffic
Advanced
Features
Branding/
Community
Convenient is the biggest
factor for which customers
opt for online grocery store
This feature should be
considered in all the
aspects of online store
Some of the must have
features should be:
Aesthetic design, security,
robust server, easy
payment processing,
service call centre, basic
survey
Once basic features are
done, focus should shift
towards increasing the user
traffic to the store
With the increase in
smartphone usage, it has
become necessary that the
online store is optimized
for the mobile version
Several features like SEO,
shopping feeds, ads,
discounts, etc. can help in
this area
Next Priceless should
consider about creating a
fruitful engagement with
the customers
Such kind of engagement
will lead to customer
loyalty which in turn will
help in repeat purchase
Features like: product
reviews,
stories/testimonials,
recommendations,
personalization, online
chat, etc will help in this
regards
Finally company should
look towards creating a
Brand value for the online
store
This can be achieved
through mobile widgets,
wikis, loyalty program,
product videos, etc
Creating a brand will
help attracting new
customers at a lower cost
and retaining them
Currently, Priceless has just basic features in its online endeavour. Looking at the current market conditions, online
grocery retail is bound to increase in coming future. Best part all this problem is that there are tools available to
solve this issue. Several technology company like Oracle provide retail solution to handle these situations. All that
‘Priceless’ needs is to collaborate with a trusted consulting partner with a good track record, to help them
implementing those solutions