Why is every other grocery retailer leaning towards online portals

 We all know that the demand for online grocery apps has increased with time, especially after the Covid-19 situation, which created chaos among offline grocery retailers.

All the offline grocery retailers faced a huge loss because of the Pandemic. At first initial two months of the year were quite good for US retailers. Their sales went upto 6.5% but then in the march when the Pandemic first started. Everything around the world faced lockdown, and the sales of grocery markets faced a rapid loss.

The covid-19 Pandemic has caused all the market industries around the world to a halt. As a result, every Market faced economic loss. Every Country all around the world faced its share of losses, not only economically but also physically. This deadly virus brought humanity to its knees.

Furthermore, the extended lockdown created a commotion, and every other people around the world were stunned. As a result, all the stores, malls, theatres were closed except only the essentials, i.e., medical and grocery stores, were open. 

The covid-19 Pandemic stretched down every big and small industry. Resulting, revenue cuts and loss of human resources. The offline sector has suffered the most after the extended lockdown. Every other started \to lose their job, and the roads were also blocked due to the Pandemic. As a result, the Pandemic created a long-term effect to the world. Statistics show that the offline retailer faced the loss of $7 Billion in overall sales in 2020. 

Having said this, the Coronavirus Pandemic forced to break the traditional chain of offline shopping and bring every other retailer to the E-Commerce platform. The technology lifted the spirits of everyone to get back in the business.


Shifting to the Digitized World


The global Pandemic brought inevitable changes in human life. Especially in the lives of both owners and buyers, but thankfully the technology saved them. Slowly and gradually, everyone started to shift to Online Platforms. This Online Shift has drastically shown growth in the business, especially for the grocery business owners. The grocery industry saw a major transformation after coming to the online grocery business.

Every retailer started selling their goods online. A statistic report showed that the total sales generated by the US in 2020 of the online grocery store amounted to 759.57 Billion US Dollars. Even the revenue income that the supermarket and grocery industry have generated in 2021 is $658.1 Billion. The experts say that the annual market growth of supermarket and grocery businesses will grow upto 0.5% by the end of 2021. 

We can say that the retail industry will bounce back in no time as there is always a ray of hope. Furthermore, we can say that offline retailers will get the maximum benefit if they get into the online portals. As we all know, E-Commerce is a daily growing platform; hence, it is the best platform for people who want to get back in the business game.


REASONS FOR SHIFTING TO ONLINE PORTALS

We all can say that the online platform is the perfect kickstart for any business owner. Be it a small business owner or multiple store vendor, or a leading business owner. E-Commerce is the platform for everyone. But Isn't it obvious that there must be some or the other reason why everyone is heading towards online platforms.

The main reason is its growing demand, ofcourse there are many other reasons as well. With the growing demand for the online grocery market, the US estimatedly generated 28.68 Billion US Dollars in 2019. Furthermore, it is predicted that the sales will reach upto 59.5 Billion US Dollars. 

Ofcourse one of the other reasons for its growing demand is the door-to-door service and hassle-free payment, which makes it safe and perfect for everyone's need. You can get everything you want from the Online grocery app with just a few clicks. So it's a Win-Win Situation for both the customers and the owners. 

There are a various online grocery shopping app that offers you home delivery, offers, deals, multiple payment options, and quick service. Some of the largest growing shopping apps are 

  1. KROGERS: One of the top E-Commerce retailers with more than 2,200 pic-up services and 2,450 Delivery services. It is the nation's largest grocery chain.

  2. AMAZON FRESH

  3. TESCO

  4. ASDA

  5. MORRISONS

  6. ICELAND

  7. CoOp

  8. WALMART

The supermarket and Grocery store industry is ranked 2nd in the US, making it the largest growing food industry. Apart from KROGERS, WALLMART is the largest and fastest-growing shopping industry. The US has been a leading market country in the world's largest food exporters. 

With that being said, the retail industry is seeing a major transition phase as most people order food through online portals. It's a new normal over the previous style. People are breaking all the traditional shopping norms and choosing a hassle-free life. This shows that if a retailer steps up in the online market, he's liable to receive success. The online portal is a potential platform for every person ready to amp up their marketing game. This online grocery app is time-saving with an effortless online presence and a great path to digitize your offline business.

Yes, there is going a competitive war zone out there. But the offline business retailers have the power to create it. How? Well, they can customized grocery app multiple features, and they can also ask the Grocery app development company to brand their app. And if not that, they can do the branding of their grocery app through digital mediums like FACEBOOK, WHATSAPP, INSTAGRAM, and TIKTOK. That to for free!!


Comments

  1. Great Blog!
    Thanks for sharing such a great information!
    Grocery retailers are leaning towards online portals due to changing consumer behavior, increased competition, and the convenience and flexibility offered by e-commerce. if you're looking eCommerce web development services in India. Contact with us!

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