Why Belgian Chocolates are amongst the Worlds Best ?

Belgium Chocolates - Worlds BestThe obsession of adhering to carefully chosen high-quality ingredients and traditional, old-world production techniques is what distinguishes Belgian chocolates and chocolatiers from their counterparts across the world. The superior quality of Belgian chocolate is based on two elements: a careful selection of cocoa beans that are very finely ground, and a slow and long mixing process. This is what I observed on my 10-day chocolate tour to Brussels and Bruges in Belgium.

Types of chocolate producers: Home-made, Premium and Industrial. Homemade chocolate producers operate a single or very (more…)

BigBasket – India’s Online Grocer

Big Bsket - Online Grockery Shopping in IndiaThe total grocery business in India is US$150-200 bn and is growing 15% p.a. The top 10 cities account for about 30-40% of it. The largest offline grocers are Reliance Fresh, Future Group, and Aditya Birla. BigBasket is currently available in four cities – Bangalore, Hyderabad, Mumbai, and Pune – with 300,000 unique customers (50% of them in Bangalore). BigBasket.Com has recorded a 9% compound monthly growth rate since inception and has cumulatively serviced more than 2 mn orders.

The key advantages of online groceries (more…)

Shoppers Stop Online & Offline = Omni Channel Retailing in India

Omni Channel Retailing IndiaWith the rise of Flipkart, Jabong and other Online Retailers in India, established retailers such as Shoppers Stop, Pantaloon have been forced to adopt Online & Offline strategy. Omni Channel was a response to the threat posed by low-cost online retailers. Omni channel is a multi-channel touch point. It combines brick and mortar with virtual channels – be it the website or mobile. Both formats, i.e., brick and mortar and virtual, are seamlessly synchronised in omni-channel retailing. If the customer doesn’t get a particular product in the store, he or she can browse for it on a kiosk or on the website / app and complete the (more…)

Domino’s / Dunkin Donuts Geared for Urban Recovery

Dominos India GrowthJubilant Foodworks the master franchisee of Domino’s Pizza in India reported positive SSG performance was in sharp contrast to 10% decline reported by Yum! Brands India (Pizza Hut and KFC); we highlight Yum! SSG decline was stronger this quarter versus 2-4% decline witnessed in the past four quarters. The management attributed the SSG recovery to a lower base and indicated no major pick-up in consumer spends. Price hike of 3% taken in November also aided SSG a tad, in our view.

Management highlighted that over the past 12-18 months, net consumer-level prices have gone up by (more…)

What is the Revenue Model for Online Retailers in India?

Online-Mobile-Retailing-India The marketplace e-tailers in India operate on a commission-based model, under which they receive a fee for listing plus commission on sales depending on the category.

“These portals are not retailers but technology companies and are built on sound technology platforms. Being pure technology companies, their platforms are well integrated with their back-end” says a senior executive of one of India’s largest retail chains.

Commissions are usually a function of Gross Merchandise Value (GMV) — the value of goods listed (note inventory is not carried by the companies) and (more…)

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