Friday, December 02, 2011

FDI in Retail

Since so much is being said about FDI in Indian Retail Sector, I can't hold myself back
from pitching in.

The major issue that Small Mom & Pop Shops (SMNPS) will go out of business is something
worth contemplating about.

According to me the USPs of SMNPS are :

1. Home delivery
2. Allowing customers to buy on credit

The first one is already being nullified by online grocery vendors

As of now they offer Cash On Delivery but if they start accepting Credit
Cards I think even the second one will not remain much of an advantage.

So, forget Walmart! Ban E-commerce !

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