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Complete Guide on How to Setup a Grocery Business


Grocery

If you are planning to start a grocery business in India, this guide is surely going to help you in your research. From a detailed grocery store business plan to the steps to set up a grocery business, the investment required, and the profit margin, we have tried to cover all the finer details.


Grocery stores are the lifeline of every Indian locality and are probably one of the only industries that do not require a master’s degree from an expensive college. Knowledge, good funding, and the desire to open your store are all you need to start your journey in this huge market.


The grocery store business does not have a specific target audience, but due to its huge market presence, the competition remains high most of the time. Venturing into traditional marketing methods will not work effectively in 2020, so we are here to upgrade your expertise.


Before we start discussing the steps to set up a grocery business, let’s understand-


What is a Grocery Store?


  • Most grocery stores stock daily needs and commonly used grocery items.

  • The size of any store depends on the funds available with the local merchant.

  • The concept of grocery stores exists only in the India subcontinent.

  • The power of grocery stores has stood the test of time smoothly for centuries, from the monarchy era to 2020.

  • Even during the pandemic, local grocery stores have outpaced the sales of many supermarkets and e-commerce websites.

  • There are over 15 million grocery stores spread across every city, town, and village in India.


Why investing in a grocery store business is beneficial?


  • Easy access via local and public transport.

  • Helps maintain long-term and healthy relationships with regular customers.

  • Stocking only customer-relevant items and goods.

  • Attractive offers and credit account benefits.

  • Offering free home delivery without any specific order limit.

  • Also providing digital payment options and online shopping catalogues.

  • Special or personalized treatment is highly appreciated by the common people.


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