CORONA | FLIPKART | AMAZON will kill Retail Store post lock-down CLICK to SUBSCIBE
Online stores can easily sustain for another 3 to 6 months with help from various stake holder.
How online store works:
Online store is a website , which in tie-up with retail stores/Warehouse stores & Delivery channel - Get sales order for Customers and get it delivered for a commission.
Nowadays there are stores that sell through online stores alone there by cutting cost on rentals and employee salary.
Benefits From Them:
Direct Employees will have insurance and job guarantee to an extend.
Delivery Business – Directly owned or associated one will get benefited.
Online only sale items/Retailers – Less ppl will be working – A business opportunity for them.
Retailers will now cater to a big market without their retail presence. All over India sales can be done.
How retailers work?
Retailer has a retail outlet in the Busy Street with decent employee count. Customers walk-in to the store and do the direct purchase. Once done it will be delivered by the delivery team associated with the retail store.
Benefits due to Retailers:
Employees hired in place near to the store.
Delivery PPL will be hired from the same place- Nearby Transport will be benefited.
So all employees and their families will be benefited.
A success of the Retail outlet will support other retail stores nearby too.
Strength of Retailers-
• Personal Saving
• Friends/Family Support
• Personal guarantee ,
• Business loan
Strength of Online Retailers:
• VC funding
• Public Shares sales
• bank loans
• Merger options
Request to Govt:
All trade unions should represent to govt to push online store opening to be delayed for them to sell non-essential items
And all stores to be given first priority and During and post lowdown period.
Request to Public:
PPl should buy from local stores and dont encourage online purchase for few months.
Sales scenario-
Total sales[Online and retailer] in normal days, will be reduced to 50% post lock-down.
If retail stores are allowed with first to open compared to online store it will give them upper hand to deal with.
Equal opportunity to be given for all.
For the retailers - this is a survival time - so benefits to be planned for Retailers/traders now.
#Lockdown
#Retailstore
#Amazon
#Flipkart
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