Finshots Daily The quick commerce vs. kirana stores debate is back!
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Apr 17, 2025 Explore the clash between traditional kirana stores and the rapid rise of quick commerce in India. Discover the reasons behind the declining kirana stores and why quick commerce may not be the ultimate victor. The discussion highlights potential partnerships that could benefit both shopping methods in a shifting retail landscape. Tune in for insights on the evolving dynamics of convenience and tradition in Indian retail.
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Kirana Shopping Experience Limits
- Kirana stores' shopping experience is limited and outdated compared to supermarkets or online platforms.
- Quick commerce appeals because it offers convenient, fast, and digitally-enabled shopping unlike the traditional Kirana experience.
Why Quick Commerce Thrives in India
- Quick commerce solves a real problem in India by offering fast delivery and convenience where organized retail is lacking.
- Mature markets like the US don’t see quick commerce because people tolerate longer grocery trips and have car access.
Discounts Create Uneven Playing Field
- Kirana stores' profit margins are low, about 5-15%, limiting their ability to offer discounts.
- Quick commerce platforms use foreign venture capital to provide heavy discounts and offers, creating an uneven playing field.