What is the business model of Grofers?

The business model for Grofers Grofers is an on-demand delivery service and has transformed its model over the years. However, the main components that make up its revenue model remain more or less the same. From the time of its inception to late 2016, the company remained a hyperlocal delivery startup.

What is Grofers e-commerce platform?

This e-commerce startup platform provides a variety of daily needs products ranging from groceries, bakery items, baby care items and many more to its customers. From the mobile application of Grofers, the customers can buy and order their products at a scheduled time and the Grofers employees deliver these items to the customers.

Is Grofers a legit site?

Grofers is authentic. The product quality is good as well the price is less than compared to other online sites. Can I sell on Grofers? You need to register with Grofers and have a seller account with them.

Is Grofers the best online grocery delivery service in India?

Grofers comes as an example of the same drive and has become one of the hottest online grocery delivery services in India, along with Amazon India, Big Basket, and other similar services. Since its inception in 2013, Grofers has been successful in engaging its target audience, as well as generating interest and investments from investors.

Grofers generates revenue through the provision of grocery delivery services to customers in India. The Company operates under a commission-based revenue model, taking a commission from merchants for all orders placed through its platform.

What has made the model of BigBasket successful?

BigBasket credits three things in the success of its customer proposition: same-day delivery, high fill rate, and on-time delivery. After shifting to the inventory model, the Company introduced a same-day delivery option.

How do Grofers make profit?

Grofers charges around 8 to 15\% on every order placed using the platform. Recently, Grofers has invested in its original labels ensuring its active participation in the online ordering and delivery market. Its private brand accounts for around 20\% of the total revenue generated.

What is the revenue of Grofers?

22.89 billion INR (US$300 million, 2020)
Blinkit/Revenue

Is BigBasket profitable?

BigBasket, now owned by the Tata Group, posted a 26.18\% rise in losses to Rs 709.98 crore as total expenses increased by 31.08\% y-o-y to Rs 4,411.39 crore. Advertising and promotional costs declined by about 22\% but remained elevated at Rs 148.07 crore.

What is the business model of bigbasket?

The exact business model of BigBasket is still a mystery as they keep on giving improvements to their delivery methods. According to some sources, the grocery giant BigBasket has two models namely inventory-led model and hyper-local delivery.

How is bigbigbasket in Bengaluru?

Bigbasket has a central wearhouse near Whitefield in Bengaluru where their complete inventory is managed. Inside the wearhouse there is an QC and packing (own brands/fruits n veggies) team working in shifts to meet the order demand.

Why doesn’t Grofers have their own discounts like bigbasket?

They have to operate on wafer-thin margins. If you look at it pragmatically, all Grofers is doing is providing delivery boys to get the groceries to your home. They cannot offer their own discounts (like BigBasket or offline hypermarkets) as they do not have their own inventory.