Coming back to dmart, I sometimes think what stops them from joining the quick commerce bandwagon? Any company into retail can spend some bucks and do what the quick commerce people are doing…some of them did start for a while but soon realized something and stopped. Even the big daddy, RIL started with Jiomart online and pushed the pedal but I see more focus on their premium signature stores rather than online quick commerce now. Imagine even the cash rich disrupter big daddy remained out of the quick commerce thing…did it get afraid of competetion from blinkit or instamart? I dont think so…All these players thought something and took the decision they took. I see only The Tatas as one big player with vision into probably quickcommerce via Bigbasket. This again happened via acquisition. I was naive and was not so pleased at that time that acquisition did not happen via Trent. Glad now it happened outside of Trent.
So point its, the day Dmart want to change the switch, use its dmart ready network and do a bit of quickcommerce it can do that or maybe start with a smaller player acquisition etc. but it does not want to do it. It did try the hybrid model via dmart ready which may not be serving big purpose now but it maybe giving them some idea about the data which these quickcommerce people narratives have. With the cluster based approach of dmart, they maybe as close to your house as a quickcommerce warehouse one day…
Will this strategy be detrimental over long run? Here trust factor works. Trust on management, promoters and the minds running the show…as honestly no one else knows nothing, including me
Disc. Invested hence biased. Trent is largest hilding, Dmart in top 10. Views only for learning and not a buy/sell recommendation. I can be wrong in all my assessments.
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