Abhilash Patil
Assistant Director of Partnerships, Yango Tech
Yango Tech and ET Retail collaboration: Charu Lamba interviews Abhilash Patil on q-commerce, specifically its effect and opportunities on the Indian market.
Introduction to Q-Commerce: Focuses on ultra-fast deliveries leveraging advanced technology and real-time data to meet consumer expectations.
Market Overview: Indian grocery market size is significant (~$600 billion), with most of it still unorganized, presenting a huge opportunity.
Segmentation and Consumer Base: Grocery retailers start with everyday essentials due to high demand frequency across various consumer segments.
Types of Q-Commerce Players: Includes those with dark stores and hybrids combining dark stores with partnerships for optimal fulfillment.
Impact on Traditional Retailers: Q-Commerce integrates with existing retailers, expanding reach and customer base without additional infrastructure costs.
Current Market Landscape: Zomato, Zepto, and Instamart leading in online grocery market share, with rapid growth towards profitability.
Market Readiness and Growth: India's readiness for Q-Commerce accelerated post-COVID, creating a fertile ground for rapid adoption and growth.
Future Outlook: Predicts exponential growth for online grocery and Q-Commerce, with significant market share shifting towards these models.
Strategies for Grocery Retailers: Emphasizes scaling through technology adoption, enhancing user experience, and optimizing operations for profitability.
Challenges and Solutions: Challenges include initial investment in technology and decision-making, solved through phased technology adoption and strategic partnerships.
Fill out the form and gain valuable insights into the Indian market, q-commerce and e-commerce market, trends, and strategies for grocers.
Nailing the Q-commerce Experience With ET Retail
Abhilash Patil
Assistant Director of Partnerships, Yango Tech
Charu Lamba
Senior Editor, ET Retail