Food and domestic utilities were the only bundle of products to show a positive growth rate as compared to the previous, non-pandemic fiscal year (2019-20), while expenditure on all other categories fell.
Despite the lower forecast for 2022, PC shipments are expected to remain well above pre-pandemic levels as upcoming device refreshes, robust commercial demand, and uptake within emerging markets continue to be drivers for the industry, the report noted.
Zomato tops the list of the most used hyperlocal apps while SwiggyGo, Amazon Fresh and BigBasket are some of the other popular choices among consumers. This is followed by 1mg, Grofers, and UberConnect
Online retail is driven by hyper-personalization. In a sea of sameness, where every product search on a platform throws up at least 7-8 similarly-priced options, the choice is driven by the newness and uniqueness of the shopping experience.
This business is bringing a variety of current technologies, tools, and methods to replace the traditional shopping experience, such as the Internet of Things, facial recognition, autonomous delivery robots and store assistants, cashier-less stores, voice
The growing commodity prices and unprecedented inflation touching a new high, has forced the consumers to tighten their purse strings and opt for the low-unit price (LUP) packs to maintain their household budgets