The first thought cames to our minds as we thought it was an aisle of the grocery store or a supermarket that we all know and visit regularly and is currently the primary source of obtaining the consumer goods that we use. But this is changing as the technology is advancing and the world is becoming more of a digital world.
All the consumer goods brands were always focused on how do they reach the maximum number of supermarkets and grocery stores as that was the primary source of sales for their products, and very little to done in terms of essential consumer goods that did not have significant branding. Retail stores were the major targets for these companies, but now this is changing as these stores have become secondary sources, and fewer people are now visiting them and making purchases from them. The new trend is of online shopping where online portals and stores provide very competitive prices and better delivery services of these goods, and that is why the consumers prefer to buy goods there, and this has changed the whole consumer goods market. What we expect that the stores that we see today will no longer be existent as no one would be buying from them if the current online shopping trend continues to rise.
Consumer goods are seeing a significant change in their sales and also the way they are perceived by the end consumer who is the one who decides where and what to buy.
Tags : Grocery, Retail,