Over 50% people switched to online grocery shopping after demonetisation: Survey
A major reason for people to order grocery products online was the cash free transactions.
More the 50% respondents said they started ordering grocery products online after demonetisation and another 25% said they would like to start soon, according to survey carried out by discounts and coupon site, CashKaro's survey. The government's decision to demonetise old Rs 500 and Rs 1,000 notes resulted in a cash crunch for many and as a result resorted to buying essentials such as groceries online through digital payment systems.
Source: CashKaro Survey
A major reason for people to order grocery products online was the cash free transactions. The second reason behind ordering groceries online was the better deals and discounds. 24% of respondents in the survey said it was convenient as it reaches the doorstep in a few clicks. Further, 10% choose it because they could put a delivery date and time of their choice.
While 30% choose to order it via the desktop, 24% choose to place their orders via the app. However, a large 46% preferred both as an option.
Source: CashKaro Survey
The survey found that there are a lot of barriers to shopping for groceries online, with quality concerns being the primary concern following by unclera return policies.
The most preferred online grocery stores included BigBasket and Grofers. While the respondents choose BigBasket on the basis of great overall service, Grofers was preferred the most on the basis of packaging.
Source: CashKaro Survey
In the survey, 21% of the respondents said that they should get better deals and discounts online, while 13% respondents say online should offer the same price as offline options.
The survey found that a majority (61%) of the respondents shop for groceries weekly, followed by 20% who shop twice in a month and 19% who shop once in a month.
The highest weekly spends on groceries was between Rs 1,000 – Rs 2,000.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
08:54 PM IST