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Entrackr- Bigbasket News

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Looking for one bulk listing for all the online grocery stores information like the Big Basket News? Entrackr helps you to get all the insights related to India's leading online grocery stores and online grocery startups that are dominating in the Indian startup ecosystem. Get all the Big Basket News at one place now. – PowerPoint PPT presentation

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Title: Entrackr- Bigbasket News


1
Big Basket News The Online Grocery Store
Experiences a Hike in New Customers due to
Pandemic
  • Entrackr

2
Big Basket News
  •  BigBasket is one of the best online grocery
    stores in India. It is an online supermarket for
    all your day to day needs. The company primarily
    delivers grocery goods found in convenience
    stores, home essentials, and food items. This
    year Bigbasket's B2B business has seen a 50
    increase from January to July. New shops and
    department stores have increased consumption from
    Big Basket during these months due to Global
    Pandemic, which started last year but still has
    lasting effects on various industries.
  •  Online Grocery stores such as BigBasket stated
    that new customers on its delivery platform have
    risen to 84 for seven months and made it one of
    the leading online grocery stores today. Even
    though April saw a steep decline in its supply
    chain and logistics operations in April during
    the first phase of lockdown, it showed a sharp
    rise soon after.

3
Online Grocery Store
  •  There were also situations where staples like
    flour, tea, and milk were out of stock on the
    BigBasket app, stated by Big Basket News.
    However, the e-grocery startup has been slowly
    recovering since then. In a study, BigBasket
    claims that the total number of times a customer
    visited its website or app is 55 higher than
    ever. Even the B2C business has shown a 44
    increase in households ordering from the platform
    from January to July.
  • These statistics clearly show that consumers and
    even other businesses opt for ordering
    necessities online and increasing their options.
    The E-grocer's daily milk delivery app, bbdaily
    has also witnessed revenue growth of 139 during
    the seven months.Bigbasket additionally works
    intelligent vending machines in numerous private
    lofts in level 1 urban communities like
    Bengaluru. The startup had sworn to contribute
    near 100 million to grow bbinstant after it was
    dispatched in September 2018. During
    January-July, bbinstant has indicated a 20
    expansion in income as per the examination. While
    the fundamental business-to-shopper (B2C)
    application saw an 81 expansion during a similar
    period.

4
customer pattern
5
Hike in New Customers
  • According to Big Basket News, The customer
    pattern has also changed over these months, says
    a study. Vitamin C rich fruits such as kiwis,
    oranges, and other citrus fruits saw double
    demand from households during the lockdown
    compared to regular fruits and vegetables such as
    onions, tomatoes, and potatoes. Even the food
    from such categories chocolates, cup noodles,
    and savory snacks registered 50-140 growth.
  •  Seshu Kumar Tirumala, national category head of
    BigBasket, says, "There has been a significant
    change in consumer behavior since March. Given
    the unmatched convenience and safety that home
    delivery offers, we have experienced an 84
    increase in new customers accompanied by
    excellent retention rates and basket sizes."
  •  The customers are mostly staying at home and a
    considerable number of the lot has ordered more
    products from categories that relate to family
    time, hobbies, and experimentation as customers
    are staying at home much more than before.

6
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