Amid the Coronavirus, the eCommerce industry is experiencing an unprecedented boost. Among the various industries that are rising, the online grocery industry is on the top and it is expected to rise even after the lockdowns are over.

According to emarketer.com, “The Coronavirus will cause a lasting step change in grocery eCommerce.”

Let’s take a look at the online grocery industry trends with the help of this insightful info-graphic:

Grocery E commerce – Online Grocery Industry in 2020

Suggested Read: Setting up Online Grocery Business in 2020? Here Is What You Need to Know

Online Grocery Marketplace Business Model

There are multiple business models for online grocery and you can choose one depending on the scale of your business and your experience in the industry. Though you can always plan for something new as there is the first time for everything.

Online Grocery Store Business Model

Here are the business models for online grocery marketplace business:

  1. Aggregator Model: If you want to reduce the cost for warehousing, this is the business model that will suit you. In this kind of business, the companies partner with the already established supermarket chains to collect and deliver orders.
  1. Buy Online, Pickup In-Store Model: This is the most convenient business model as the customer can buy groceries online and then schedule a pickup from the nearby store according to their availability and convenient timings. This is also known as the ‘Click and Collect’ model.
  1. Warehouse Pick Model: This is a good choice if you don’t have the brick and mortar store, and you also don’t want to collaborate with the already existing grocery stores. In this business model, you can directly purchase from the producers and store the grocery in your own warehouse for further selling.

Read https://www.yo-kart.com/start-grocery-delivery-marketplace.html to learn about the features, challenges & opportunities in the online grocery shopping marketplace.