Wholesalers feel small retailers’ pain - Livemint
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In any business, the core idea is to produce an item and sell it to the target customers. The medium through which the product gets picked up from the manufacturer and handed over to the customer is where wholesale distribution business comes into the picture. Here is the list of things to take care of, if one wants to get into a wholesale distribution business: Finding the right product: There are various manufacturers producing enormous amount of products, one need to fish out the product, which is in demand or the demand of any product seems to grow in future.
A thorough market search followed by narrowing down the products, which keep the market lively such as clothes, grocery items, food products etc. For a wholesale distribution business, distributor or dealer functions as the limbs, without which the business cannot move an inch.
In another Metro city—Hyderabad—wholesalers are also saying they feel the pinch. Retailers are also losing their business because individual customers are able to get identification cards Metro currently has 1.
Bhargava says Metro barred more than 4, such cards in in Bangalore and now has a team of customer consultants who keep track of purchase patterns to try and make sure products brought from Metro are ending up in retail outlets rather than directly into homes. Pantaloon has also tied up with US-based Staples Inc. Many of the new retailers are making sure they create a relatively captive source for the products they sell.
10 low-investment business opportunities for small towns
The organized retailers are investing millions of dollars in supply chain and cold storages to ensure a direct and steady supply. For instance, FieldFresh Food Pvt. Reliance Fresh buys fresh produces directly from the farmers. After his business to small retailers for vegetable oil dried up and sales fell by a quarter in volume in three months, Bangalore-based distributor Shivaram Bhat is targeting some of the modern retailers with new set of products, such as cheese and dairy whiteners.
A pick and drop service will be essential to spread the reach of your customer base. To attract the eye of customers you might want to offer complementary services like a small cafe or reading room for people who'd like to wait while the washing happens. With a growing culture of dating, these bookshop-cafes can prove to be an ideal meeting point to meet a person for the first time.
House cleaning services Applications like UrbanClap and Haptik have opened a whole new dimension of how we work around cooking and cleaning services. But these services are severely limited to big cities and even restricted to only certain parts of the metro cities. Opening a new cleaning services via a website or a telephone service shouldn't demand for huge sums of investment.
Tourism Though this option is highly dependent on the location of the small town, most Indian towns have enough character to attract tourists, especially old cities.
Fresh Dates - Wholesale Price & Mandi Rate for Fresh Pind
Venturing out for detailed city-tours, heritage walks etc. Opening themed stay options is another good way to cash-in the tourist influx. Fitness centers Social network is as big in small cities as in metro cities like Delhi and Mumbai and fitness is one of the trends that have percolated to small towns. Though fitness centers will demand a one-time heavy investment and pretty low maintenance charges.
Internet services Big or small, no town can survive without this commodity. The internet has made it big in all towns in our country with smartphones granting reach to the narrowest of avenues.