Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday 29 April 2020

A White Hole called Reliance Retail



Far away in the universe, there are extremely dense objects possessing insane levels of gravitational force


An object from which, even light cannot escape !


In absence of any light emanating from these objects, these are invisible to telescopes


But scientists have developed methods for establishing their existence


These objects are called “ Black Holes


Any other object that comes within the SINGULARITY of a Black Hole, gets sucked in – with no chance to escape for ever !


Closer at home, we are in the process of observing the birth of a White Hole – otherwise known as :





A few days back , RR tied up with


#  Facebook ( 280 million Indian subscribers )

#  WhatsApp ( 400 million Indian subscribers ) ,


and launched JioMart , enabling buyer to place orders on a nearby Kirana Store, using WhatsApp and get home delivery



Within 2 years RR plans to on-board 3 crore ( 30 million ) Kirana Stores


Besides tie-ups with kiranas, Reliance has 11,316 stores across Consumer Electronics , Fashion and lifestyle


At 14 retail shops per 1000 people , India probably has 1.8 crore ( 18 Million ) retail shops in following categories :


Ø  Food & Grocery
Ø  Apparel
Ø  Consumer Durables & IT
Ø  Jewelry & Watches
Ø  Pharmacy & Wellness
Ø  Furniture & Furnishings
Ø  Footwear


Question :


Will the “ Technology Platform “ which RR is in the process of developing in collaboration with WhatsApp / Jio ( 370 million subscribers ), for the 30 million KIRANA STORES,  work equally well for 18 million Retail Stores listed above ?


Have no doubt  !

 
Just as in case of those celestial Black Holes, each addition of a Store in the RR White Hole Eco-System, increases its “ Gravitational Pull “ exponentially , enabling it to “ attract “ still more stores !



What else will RR White Hole Eco System, gobble up ?


Here is that Eco System :

Manufacturers  >  Stores  >  Delivery Agents


With several million Stores in its fold , there is no doubt that , on their behalf , RR will negotiate and drive a hard bargain with thousands of Manufacturer for lowest prices / quick and direct deliveries to specified stores all over India ( bypassing whole sellers / distributors / warehouses ) /  90 days Credit etc



Which manufacturer can resist if RR commits to “ under-write “ 100 % of its annual production ?


So, within 2 years, RR will manage to pull-off what took Walmart in USA 20 years to do


That leaves open the third side of RR triangle , viz: 

Delivery Agents



Expect the following “ moves “ from Mukeshbhai :


( A ) ….. Offer to Central Government for a Public-Private Partnership with INDIA POST


              Utilizing the DELIVERY SERVICES of 4.3 lakh postmen located at 1.53 lakh post
              offices


              Thereby , solve the problem of  maintaining “ Social Distancing “ during extended
              lockdown



              [ Read :  India Post “ morph to “ India Retail  /  12 April 2020  ]

 

            He will make his offer “ irrestible “ ( remember , gravitational pull ? ) by telling the

            government :


             Instead of suffering an annual loss of Rs 700 crore on India Post operations , how

              about making an annual profit of Rs 70,000 crore ? “

 

( B ) …. Offer the government to take over the operations of 3.8 lakh Common Service

            Centers ( CSC ) 

 

           Mukeshbhai will offer :


          #  Current average monthly earning for 2.7 lakh Village Level entrepreneurs(VLE)

               working from 1.63 lakh Gram Panchayats, is Rs 25,000 . RR will double it within

               one year


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        References :

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29  April  2020

hcp@RecruitGuru.com


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