Geomart is the cheapest in the prices of everyday consumer goods, while the benefit to growers in the percentage of discounts.
More than 150 million people buy groceries online
Big Basket and Grofers have a market share of over 75%
E-grocery in India costs Rs. A market of over Rs 15,000 crore
Discounts and offers are being found on e-commerce platforms during the festive season. This is the first festive season since the launch for Reliance's Geomart. Divya Bhaskar placed an order on online grocery platforms like Geomart, Big Basket and Grofers for the purchase of everyday items or 15 grocery items and learned that going to a company's e-grocery platform benefits consumers more.
150 million people buy groceries online
According to a report, an estimated 150 million people in India now shop online for groceries or daily necessities. This has been greatly increased due to the lockdown that followed Corona's arrival. E-grocery stores such as Big Basket and Grocers have a combined market share of about 75%. In addition, many players are active at the local level. D-Mart also started online shopping in Lockdown, but later discontinued the service.
Geomart the cheapest
Geomart, Reliance Group's online grocery platform in India, was launched in July this year. In just three months, 5 million people have downloaded Geomart's app on the Google Play Store. Divya Bhaskar ordered 15 items including groceries, ghee, besan, lentils, soap, washing powder, butter at Grofers, Big Basket and Geomart. The lowest bill of the three came on Geomart. Compared to Geomart, other platforms cost around Rs. As expensive as 50-200.
All three platforms are identical in order delivery
Grofers, Big Basket and Geomart all take approximately 12 hours to deliver an order. Goods are delivered within 15 hours even if the order is very large.
The percentage of discount on MRP is higher among growers
Growers get the highest return according to the discount between the MRP and the final bill amount shown in the bill by Divya Bhaskar. The total MRP of 15 items on grocers is Rs. 4,091 and get a 20.92% discount on it. Against this, Big Basket saw a discount of 17.07% and Reliance Geomart 11.21%. However, customers benefit more from Geomart, as the final bill amount is the lowest.
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