Price crosses Rs 100 but online grocery websites sell tomatoes for cheap
Price for a kilogram (kg) of tomatoes may have crossed Rs 100 in certain parts of India but fret not, online grocery websites like Grofers, ZopNow and Bigbasket are selling tomatoes, potatoes and pulses at a steep 50% discount!
At BigBasket, Grofers and ZopNow, prices of tomatoes are Rs 55, 56 and 84 respectively.
Online prices of potatoes were seen at Rs 26, on BigBasket and Rs 21 on Grofers and ZopNow.
Urad dal which is selling at Rs 275 per kg at market price is being sold at Rs 199 per kg on BigBasket.
How is a 50% discount in online retailing possible you ask?
Most of these ecommerce companies have direct tie-ups with farmers.
Thus, they are able to buy vegetables and pulses without the assistance of the middle man.
By eliminating the middle man’s commissions completely, the farmer, the retailer and the customer seem to be happy.
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
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
03:14 PM IST