At an Easyday outlet in Mysore I saw these two shopping carts displayed for price comparison. The competitor was mentioned. The saving for the basket of monthly needs was about 4%. I am not sure if one would shift loyalties for a 4% difference considering transport costs that includes time, money and behavioural costs. This may be a indication of how things will progress in the next few years or with a international retailers buying up Indian firms is this only be a short term tactic? We need to wait and see if the customer gets better value or short changed.
My opinions, observations, reactions, to happenings in the Management, Marketing, and Retail space in India. Thoughts and Actions that I want to share and get feedback about.
Tuesday, June 18, 2013
Indian Retail: The beginnings of a price war?
At an Easyday outlet in Mysore I saw these two shopping carts displayed for price comparison. The competitor was mentioned. The saving for the basket of monthly needs was about 4%. I am not sure if one would shift loyalties for a 4% difference considering transport costs that includes time, money and behavioural costs. This may be a indication of how things will progress in the next few years or with a international retailers buying up Indian firms is this only be a short term tactic? We need to wait and see if the customer gets better value or short changed.
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