Reliance entered into the e-commerce market with JioMart.com
JioMart is an online grocery delivery service, started as a venture between Reliance Retail and Jio Platforms. The company launched the online grocery delivery service –JioMart is an Indian online grocery delivery service, started as a venture between Reliance Retail and Jio Platforms. JioMart delivers grocery and daily essentials from nearby stores. The platform was soft-launched in December 2019. A pilot was launched in select areas of Navi Mumbai, Thane and Kalyan in April 2020 In May 2020, Jio Mart was launched in 200 cities and towns in India
Jio Mart leverage?
JioMart will leverage the facility of the local shops, (known as kiranas in India), to deliver grocery on to the doorstep, and therefore the company has over 50,000 listed kiranas within the three areas where it’s currently active. Reliance being a domestic player doesn’t come under the purview of strict FDI regulations that Amazon has got to affect. Plus, they need the whip hand, because the government could change its outlook anytime to guard the interests of the tiny businesses throughout the country.
JioMart which they called ‘Desh ki Nayi Dukaan’. Reliance Jio is giving its users pre-registration discounts up to Rs. 3,000 under the JioMart Offers only for early registered customers.
The service of Jio-Mart has been launched some parts of India and later the service will be scaled up countrywide. The launch of Jio Mart is not good news for their competitors such as Amazon, Grofers, Bigbasket, and Flipkart.
Jiomart India’s most convenient online grocery channel
Reliance Fresh and Smart make your grocery shopping even simpler. No more hassles of sweating it out in crowded markets, grocery shops & supermarkets – now shop from the comfort of your home; office, or on the move.
Apart from groceries, the company also will sell daily staples and home items like soap and shampoo. Hence, competing directly with Amazon Prime Now, which promises two-hour delivery of common home items. The official JioMart website claims that an Android and iOS app is within the making. Upon launch, users are going to be ready to place orders directly from their smartphones. Reliance is yet to announce a tentative launch date of the mobile app, stating that it’s currently under development.
The service is offering discounts across products and categories, with the web site advertising a “minimum 5% below MRP”. within the fresh produce section, They say it sources the things directly from farmers. In packaged food, the web site also displays Reliance’s private brands like Snactac. Jiomart offers you the convenience of shopping everything that you need for your home – be it fresh fruits & vegetables, rice, dals, oil, packaged food, dairy item, frozen, pet food, household cleaning items & personal care products from a single virtual store.
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When Jiomart Founded?.
Type of business | Private |
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Type of site
|
E-commerce |
Available in | Hindi, English |
Founded | December 2019[1]. |
Headquarters | Mumbai, Maharashtra, India |
Area served | 200 cities |
Owner | Reliance Industries Limited |
Key people | Mukesh Ambani (Chairman) |
Industry | E-commerce[2][3] |
Services | Online grocery[4] |
Employees | 10,000 (2020)[citation needed] |
Parent | |
URL | jiomart.com |
Advertising | No |
Commercial | Yes |
Registration | Required |
Current status | Active |
credit : Wikipedia