Knowledge Base
This was till 2007 that India was on its traditional path of doing business, selling products via one-to-one purchase. Now, Indian e-retail market Gross merchandise value stood at around $30.8 billion in 2019 and is likely to grow to $67.7 billion by 2022 wherein the share of big and small or emerging verticals will scale up from around 20 per cent to 30 per cent, a report by consulting firm RedSeer. Total consumption expenditure is expected to reach nearly US$ 3,600 billion by 2020 from US$ 1,824 billion in 2017. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around eight per cent of the employment. “India is the world’s fifth-largest global destination in the retail space.” Revenue of India’s offline retailers, also known as brick and mortar (B&M) retailers, is expected to increase by Rs 10,000-12,000 crore (US$ 1.39-2.77 billion) in FY20.
Living with the current on-going pandemic caused by the COVID-19 infectious disease in the offing would be a tough task to do. Going out for the daily needs could make you clutch the virus without being noticed.
Economy could be at its worse and we can see the impact. Corporate Sector, Multinational Corporations, and Industries are already onto the path of cost cutting thus they are reevaluating their balance sheets and firing the employees and workers, but, of course, they have many measures by which they can survive in the market. The circumstances are hitting worst and could last long in Micro, Small and Medium Enterprises, offline and online local retailers, local food vendors, suppliers, entrepreneurs, etc. Thus, to drive the local economy “LOCAL KO VOCAL KARO” Zupppy offering the service to deliver the food, pharmacies, grocery, crockery, and other local products demanded by just a click at their doorsteps within the minimal time.
Although, there are multiple E-Commerce delivery startups, each aimed to have their specific services offered like restaurants food delivery, groceries from the big stores to the doorsteps, courier services etc. still there are various retailers, Micro, Small and Medium Enterprises, local food vendors, suppliers, and other entrepreneurs which are contributing on a large scale to our Gross Domestic Product but they have not tasted the use of doorstep delivery technology to expand their businesses.
As the figures in the above paras itself speaks the need and the opportunity of E-Commerce doorstep delivery of local food vendors, offline retailers to the end users/consumers. Although COVID-19 has impacted the sales of the retail industry for March, April and May but there would be a huge hike in the E-Commerce delivery services in the coming financial years.
Zupppy has a unique portal for the vendors working and making products at home. Every vendor at home making any product whether it could be art and craft or it could be food product, or it could be their home designed clothes, or their boutique catalogue etc.
A vendor does not have to pay any subscription fees initially and in return they will get the admin panel along with so many features to expand their sales. They can list their products online choosing their own pricing and describing other features. They will get the admin panel which will be helpful in growing the business further as well as running the current operational work smoothly. Just a few clicks for the entire process from product choosing to payment gateway.