A good neighborhood is the only way to live a healthy, fulfilling life in your community. One major approach is to lead off local shopping from your local stores. The more you integrate yourself into local shopping, the more you conduce to the local economy. One beautiful thing about local stores and local businesses is that they reinvest whatever they receive in the neighborhood they are carrying their business in. Isn’t it an exciting thing to happen?
Indian local businesses have been the key torchbearers in shaping the Indian consumers and nurturing the Indian demographic with their services. Accordingly, the success and failure stories of local businesses in India affect our daily life in good and bad ways. If they succeed, then our lives will progress for the better. If a resilient local store fails, then it will impact our entire neighborhood in a bad way.
That is why OlaGate is betting its whole vision on offering more effective opportunities to Indian local stores and perked up services to Indian customers. Every customer should have more high-quality options, superior services, and a richer overall value for their money. These are promised in local shopping, while delivery apps are disinterested in this.
Why is this so? How does the local neighborhood contribute to us, to the entire country? How can increased local shopping lead to a progressing locality? To understand these rudimentary and important concepts. Let’s dive deep further.
Low Turnover but High Contribution to the Neighborhood by Local Stores!
Do you know that India enjoys one of the largest local business communities in the world? In the second-largest populated country, it may not be a surprise. But do you know that for almost 90% of the Indian local businesses, their possibilities of profits and returns are far less? This also affects their capital chances and monthly turnover as well. Do you know that for the majority of the Indian local stores and local retail, their turnover is less than 40,000 dollars?
Indian local businesses are a mystery in themselves because they are unorganized, for the majority of returns are not so thriving and attractive. Still, they all survive for ages until delivery apps happen to them!
But don’t underestimate or belittle them as they may seem small in size, but they are a major player in contributing to your neighborhood and community. Local shopping has always been a source of major satisfaction for Indian consumers. Entire proximity thrives if a local business succeeds. Failure or success of the local companies immediately radiates on the entire local community. In this way, if something affects the local businesses, the neighborhood faces the heat right away.
Resourceful, happy, satisfying life in a community is a promise that everyone likes to have. Better local shopping and increased local purchases are the best ways to have a better environment. Local stores are still trying to be relevant and constantly update themselves for the betterment of Indian consumers. That is why the majority of the local businesses are bringing online local shopping possibilities.
Even though they are marginally profitable, local stores are still fighting against delivery apps and other issues to serve the consumer in a consistently cultivated way. This is a sign of positivity that the local neighborhood has still a chance to evolve further. Such is the overall contribution of the local stores and local shopping to the community they exist in.
How to Increase and Support Local Buying?
Local stores predominantly are in retail FMCG, food sectors along with other fashion, accessories and rest of the other businesses. In a way, all of these play a key role in our day-to-day life. Local stores are highly contributing to our daily life. Delivery apps even try to sell the same goods and services they are not concerned with their well-being. Their returns are neither driven by a purpose nor reinvested in our neighborhood. So their success can never lead to the success and growth of our local area.
Local stores reinvest their returns in their business, aiming to serve us magnanimously. This paves the way for growth, increased local purchasing power, empowering local players with a better profitable state than regular marginal returns. The more local shopping is promoted against the mass hyped delivery apps services, the more we are closer to a convalescing community.
Bad environs is a serious lifestyle and economic problem that affects the local economy leading to a bigger, toxic hindrance collectively for all – A Bad neighborhood.
To avoid it by using local businesses of the neighborhood, promoting local shopping is the simple yet striking solution that makes a bigger difference. Boosting the local economy is the responsibility that OlaGate undertook from its inception. Thus resulting in a better local economy and good surrounding area.
How Local Shopping Paves Way for a Prosperous Local Economy and a Good Neighborhood?
What is local shopping? Making offline and online purchases from the shops nearby. They don’t market themselves vigorously like delivery apps.
Delivery apps depend on heavy resources and manpower to grab you. But time and again, only mouth publicity, fairness, and faithfulness are the powers that local businesses depend on to sustain and grow. Local stores hear you immediately, always. They stock up their products and upgrade their services to suit your constantly evolving needs and current purchasing trends.
Swastika, one of the faces of India’s new age local entrepreneurship, is balancing his interest with the requirements of the neighborhood. He is selling bamboo-based organic and ethnic products for the daily usage of his customers. Niche, ethnicity, authenticity, organic, and daily importance are the qualities he is efficiently balancing. That is why he is making an impact in the neighborhood in comparison to some delivery apps against their rigorous business and marketing practices. The success of such local businesses will not only encourage more players into the local economy scene but also protect us permanently from a bad vicinity.
How can a community become bad if the community is positively flourishing with our needs consistently fulfilled? No chance.
Say Yes To Local Shopping with OlaGate!
Local shopping is pivotal for our deep satisfied consumerism and good locality. Local businesses and local stores are necessary to boost the local economy and local neighborhood. Shopping at local companies is pertinent for enhanced, flourishing, and support of the local economy, as well as consumption of high-quality and useful products and services.
This chain is clearly understood and valued by OlaGate. That is why they are on a mission of togetherness, cooperation, and interrelationship in the community. So, upsurge the local economy and support local businesses to provide us with better purchasing options regularly.
Be a part of the journey in a united neighborhood and better community to live and thrive for businesses and us equally.