The Freshness Game Changer
Retailer|January 2024 - February 2024
How BigBasket achieved customer confidence on freshness, quality, and price point with a slew of corrective measures.
SHUBHAM DASGUPTA
The Freshness Game Changer

Fruits and vegetables are part of daily diet. The products are perishable, and hence vendors, right from unorganized wholesale markets to organized retail showrooms, are running ahead of time to provide the freshest produce possible. Vipul Mittal, National Category Head - F&V, BigBasket, opines on how the food aggregator platform has achieved customer confidence on freshness, quality, and price point with a slew of corrective measures.

Calculating the Right Price

The foremost challenge of unorganized F&V business is price discovery. Prices are decided daily in every market and fixing the right buying price from farmers to consumers’ needs elimination of unnecessary intermediaries. To streamline this segment, BigBasket runs apps that capture prices in the markets they are available in. This is then used with technology to triangulate prices across other markets to ultimately derive the right buying price from farmers. BigBasket’s collection centers reach small and marginal farmers and their digitized screens transmit prices directly to farmers, thus preventing price leakage.

“The traditional vegetable and fruit supply chain will typically have 3-5 intermediaries from the farm to customers’ doorstep. Here, it’s only the farmer, us, and the consumer. We buy from farmers, ship the produce to the distribution centre which delivers to households. By virtue of that, we are able to give a better price to farmers and charge customers much more reasonably,” said Mittal.  

Bu hikaye Retailer dergisinin January 2024 - February 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Retailer dergisinin January 2024 - February 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

RETAILER DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
The Rise Of Value Retail
Retailer

The Rise Of Value Retail

From High-end To High Demand, How The Affordable Fashion Wave Is Sweeping India And Creating Retail History.

time-read
6 dak  |
August-September 2024
How Circular Economy is Transforming Fashion's Fabric
Retailer

How Circular Economy is Transforming Fashion's Fabric

As the fashion industry grapples with environmental challenges, the circular economy emerges as a transformative force. By redefining product life cycles and prioritizing sustainability, fashion brands are reshaping their practices to reduce waste and promote longevity.

time-read
3 dak  |
August-September 2024
INDIA'S DIGITAL DECADE
Retailer

INDIA'S DIGITAL DECADE

Around 62 percent of purchase decisions are now influenced by online discovery.

time-read
3 dak  |
August-September 2024
VALUE FASHION
Retailer

VALUE FASHION

With a significant presence in Tier II and III towns, V2, headlined by Akash Agarwal, has successfully positioned itself as a value-fashion destination.

time-read
2 dak  |
August-September 2024
EPICUREAN LEGEND ATUL KOCHHAR
Retailer

EPICUREAN LEGEND ATUL KOCHHAR

From a small town in India to the heights of culinary fame, the Master Chef’s story is one of passion, innovation, and unwavering dedication.

time-read
2 dak  |
August-September 2024
How Delivery-First Model is Taking Shape in India
Retailer

How Delivery-First Model is Taking Shape in India

The sector is experiencing rapid growth, driven by a surge in working professionals, increasing smartphone penetration, and the rise of nuclear families.

time-read
3 dak  |
August-September 2024
How Brand-Designer Collabs are Revolutionizing Fashion & Lifestyle
Retailer

How Brand-Designer Collabs are Revolutionizing Fashion & Lifestyle

For many brands, the motivation to collaborate with designers stems from a desire to offer something distinct and fresh to their customers.

time-read
3 dak  |
August-September 2024
NEW AGE INDIAN BRANDS DISRUPTING THE S6.8 BILLION LUGGAGE MARKET
Retailer

NEW AGE INDIAN BRANDS DISRUPTING THE S6.8 BILLION LUGGAGE MARKET

As travel bounces back with renewed vigor, these brands are ensuring that travelers do so in style, with smart and sustainable luggage that meets the demands of the modern explorer.

time-read
3 dak  |
August-September 2024
The Friendly Neighborhood Malls Resurgence
Retailer

The Friendly Neighborhood Malls Resurgence

The success of neighborhood malls hinges on understanding and catering to the local demographic.

time-read
3 dak  |
August-September 2024
THE EVOLUTION OF OUTLET MALLS IN INDIA
Retailer

THE EVOLUTION OF OUTLET MALLS IN INDIA

Outlets malls are not just about bargains; they represent a shift towards a more organized, experience-driven retail format, offering everything from premium brands to family-friendly amenities.

time-read
6 dak  |
August-September 2024