What is jio mart?
Some of the key features of JioMart are free home delivery, no minimum order value, express delivery, no questions asked, return policy and more.The first impact of the ‘Facebook-Reliance Jio’ deal will be on “JioMart”.
Who is the founder of jio mart?
In March 2019, Reliance Industrial Investments and Holdings Limited (RIIHL) acquired it for $14.9 million to support the logistics of Jio Mart founder Mukesh Ambani’s ‘planned e-commerce venture’.
Damodar Mall is the chief executive officer of Reliance Retail’s grocery business.
Why did Mukesh Ambani acquire jio mart?
Jio Mart founder Mukesh Ambani’s ‘planned e-commerce venture’. Grab was chosen because it worked successfully with some mega-brands such as McDonald’s, BigBasket, Myntra, Amazon Now, and Swiggy.
Is JioMart only for Jio users?
JioMart has been integrated with the MyJio app. Now, Jio customers can access JioMart directly from the MyJio app itself, without having to separately open another app or website.
What exactly is this e-commerce platform from Reliance Industries?
As the name already suggests JioMart is an e-commerce platform launched this January. The service, however, is yet to be available in all circles of the country. Currently, consumers in Thane, Navi-Mumbai and Kalyan can use the service to order daily essentials during the lockdown.
Does Jio mart have a claim?
Jio claims offers on products available on JioMart will be much better than the competitor and notes consumers will have “savings” like never before.
When will jio mart be launched?
The platform was soft-launched in December 2019. A pilot was launched in select areas of Navi Mumbai, Thane and Kalyan in April 2020. In May 2020, JioMart was launched in 200 cities and towns in India. Within a few days of its launch, the JioMart application crossed 1 million downloads.
Jio is a O2O model
RIL is offering local merchants an O2O (online-to-offline) marketplace through JioMart. This business model was pioneered by the Chinese e-commerce giant Alibaba Group Holding Ltd. Under the O2O model, a consumer searches for the product or service online but buys it through an offline channel.
How is the O2O model useful for customers?
It connects with local retailers and delivers goods to the customers by procuring them from the nearest store located in the customer’s locality. The customer will use his or her official WhatsApp number to place the order. Post confirmation, the user will receive the bill which is to be paid in cash. When the store is ready with the order, the customer will receive a notification to pick up the order from the store.
Who can sell the product on jio mart?
A retailer can register with JioMart to become a seller. After registering with JioMart, retailers will receive the required support for the smooth delivery of goods to customers.
Why is Jio collaborating from facebook and whatsapp?
As part of this deal, WhatsApp—Facebook’s popular messaging platform —will collaborate with JiMart. Owing to this collaboration, JioMart users will be able to place their order through WhatsApp and Facebook while payments can be made using the ‘WhatsApp Pay’ feature.
JioMart services have been made available on WhatsApp from 25 April 2020 in Navi Mumbai, Thane and Kalyan. JioMart is currently operating in these three cities only. However, the only mode of payment currently available is cash.
Reliance JioMart Delivery has started in India among 200+ cities as they launched the official website i.e. jiomart.com now there papal chance to secure a JioMart Delivery Job. Users have started ordering groceries from this online shopping platform and after placing the order, the customers are looking for JioMart Delivery Time, Charges, Partner, Home Delivery, and How to track order.
How to place the order on jio mart through whatsapp?
customers can order it online through their WhatsApp number if they reside within the serviceable pin code as the operations are limited to selected cities only.
Through the WhatsApp number, you can place the order for essential goods and it promises availability within 48 hours.
Save the number
Save the number +91 88500 08000 on your smartphone and open your WhatsApp.
Now, open the chat and send a message to the contact saying Hi.
Click on the link
You will receive a link where you can order groceries online. Click on the link. Please note that the link will only be valid for 30 minutes.
Enter personal details
On clicking the link, you will be taken to the JioMart site. Enter your personal details and click on proceed. You can search for the items you want from the nearby Kirana stores. Place the order.
Once you have placed your order, you will receive a message stating your order has been successfully placed. It will also hold details of the store which will fulfil your order.
Collect the order
When your order is ready, you will be informed and you can head to the store and make the payment and collect the order.
‘Even the customers have the option to order from more than 50000+ available products’.
Why did Mukesh ambani choose to sell their product through whatsapp?
WhatsApp has 400 million users in India, its biggest market, reaching nearly 80% of smartphone users in the country. Reliance Jio, the fast-growing telecom carrier controlled by billionaire Mukesh Ambani, began operations in late 2016.
Last month, Financial Times reported that social media giant was in talks for a 10% stake in Jio
Can I Return the product I bought through an online product?
Also, you can return the products easily and after pilot-testing in Mumbai, it has launched in several other cities like Pune, Chennai, Bengaluru, etc
Does Jio Mart deliver at home?
The platform offers free home delivery and there is no restriction of minimum order value, which is a plus point compared to the competition. Since JioMart delivers products from a nearby store, it is much faster than most other services. There is also a “no questions asked return policy.”
Which cities are available in jio mart?
The 200 cities available jio mart are:
Thane, Navi Mumbai, Kalyan, Kolkata, Chennai, Bengaluru, Bhopal, Hyderabad, Ghaziabad, Noida, Gurgaon, Delhi, Nagercoil, Tadepalligudem, Rayagada, Darjeeling, Bodhan, Nokha, Faridabad, Cuttack, Bhubaneswar, Bokaro, Visakhapatnam, Salem, Meerut, Ahmedabad, Chandigarh, Agra, Mysuru, Coimbatore, Bhatinda and Trivandrum.
Offers and coupon in jio mart
JioMart Next Sale Date online on JioMart.com. Get all the latest coupons, promo codes, best deals, offers, cashback offers, wallet, and bank offers from Jio Mart.
Since its launch, JioMart has been giving many attractive offers to its customers. At the launch and initial trial in Mumbai in January 2020, Jio Mart has also given offers worth Rs.3000.
How can I pay for my order?
You can pay using Credit Card, Debit Card, JioMoney wallet or using Net banking options. All these are prepaid methods of placing an order. You can also place an order using the “Cash on Delivery” method. All payment methods depend on your pin code, so please make sure to check your pin code to find out the methods of payment supported at your location.
What products are available in jio mart?
JioMart offers fresh fruits & vegetables, rice, dals, oil, packaged food, dairy items, frozen, pet food, household cleaning items & personal care products.
How much cost and stake does mukesh ambani spend on merging the facebook and whatsapp into the jio mart?
Earlier, Mark Zuckerberg’s Facebook picked up a 9.99 per cent stake in Reliance Jio.
JioMart was launched after Facebook inked a mega $5.7 billion deal with Reliance Retail for 9.9 per cent stake last year. Under the pact, WhatsApp will help Reliance boost the reach of JioMart.
Facebook buys 10% stake in Reliance Jio for Rs 43,574 crore
With JioMart, Reliance will make further inroads into the general trade market by connecting kirana stores with consumers via its platform. Once incorporated, JioMart will allow customers to place orders with a simple message. It has also launched point-of-sale machines to help kirana services such as financing, inventory management and tax returns filing, etc.
What KPMG says for jio mart?
KPMG says is likely to grow to $200 billion by 2027. The deal benefits Facebook via “partnership with the largest retail player in India, where partnership starts with grocery, and later could be extended to medicine distribution, fashion and lifestyle stores, food delivery, etc,”
Stake invest in jio platform
On Friday became the latest private equity firm to invest in Jio Platforms Ltd., the digital services holding company controlled by Reliance. KKR will pay 113.7 billion rupees ($1.5 billion) for a 2.3% stake in Jio Platforms.
Stake selling in jio platform
Ambani has been selling stakes in Jio Platforms as he tries to bring Reliance’s net debt of more than $20 billion down to zero before March 2021. Reliance wants to shift away from oil and petrochemicals toward faster-growing consumer businesses.
Current info on jio mart
Strategy of jio mart
Majority of e-commerce retailers are storing in-house brands that give them better profit margins. “A better way to look at this is to look at only those 32 retailers with a partnership with amazon- only 22% of these retailers stock amazon’s private label is an important part of “Jio mart’s distribution strategy”.
Reliance’s retail (jio mart) share
overall,Reliance retail has a 20% market share amidst organized players in the grocery sector and 5% of the same in fashion retail.more importantly, Reliance’s share in the grocery sector is 40% greater than the second-largest player Dmart and 50% more than competitors like aditya birla fashion in the latter.
Jio mart is “A new world of grocery shopping”