JioMart: an online grocery delivery service from Reliance competes directly with Flipkart, Amazon & Grofers.
Many households resorted to shopping from online grocery delivery stores like Grofers, Amazon & Flipkart, looking at the consistent demand from consumers, Reliance Industries Limited (RIL) also decided to enter the same market niche with their new venture JioMart that will deliver groceries & kitche
Many households resorted to shopping from online grocery
delivery stores like Grofers, Amazon & Flipkart, looking at the consistent
demand from consumers, Reliance Industries Limited (RIL) also decided to enter
the same market niche with their new venture JioMart that will deliver
groceries & kitchen essentials to households. Reliance soft-launched the
venture only on a pilot basis in few parts of Maharashtra like Navi Mumbai,
Kalyan & Thane which is powered by and Reliance Jio Reliance Retail.
Walking on similar lines with Amazon Prime Now & Grofers,
JioMart also acts as an online market that connects offline retailers with
online buyers & does not make direct selling to consumers. Consumers can approach
the online market for buying their necessities from their nearby retailers.
Groceries are obtained from nearby merchants & not from a native warehouse.
Ambani talked about their new venture at the 42nd annual
general meeting (AGM) at RIL, saying that it associates three crores offline
retailers with over 20 crore Indian households. JioMart is an online-to-offline
store where consumers can meet their daily grocery needs by connecting to offline
retailers in their locality.
JioMart is soon going to spread across other regions of the
country as well. Jio users have started getting invitees to make use of
introductory offers on JioMart, according to a report by LiveMint.
A Reliance retail officer told LiveMint that they are soon
going to launch an app for JioMart. The same has also been mentioned on the
JioMart website for the app to be launched on both Android & iOS. They talk
about offering over 50,000 groceries at cost-effective rates. Reliance also
offers a free home delivery option without any minimum order restriction. It provides
“no questions asked return policy” & express delivery service. At JioMart,
retailers can become sellers after filling a pre-registration form on their
website & can save up to Rs 3,000 when the app gets launched. They have
termed this venture as “Desh Ki Nayi Dukaan” (country's new shop.)

JioMart will partner with sellers to equip them with GST
compliance, inventory management skills, supply chain management &
integrated billing applications, low-interest working capital & the point
of sale (PoS) terminals.
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