@Darkwanderer79 Packaged foods of brands does not require any touch and feel. Grocery (Fruits/Vegetables) do require touch and feel but how many people buy Vegetables/Fruits from D-Mart store need to be analysed. We have very small small retailers who sells vegetable/fruits at your doorstep.
India has 65% of population below 35.
@bharti_vishal Agree on delivery times but with the advancement in technology and supplies through drone in future, this time will be reduced. Also in Tier 1 and 2 Cities , the delivery time is 2 days.
Regarding Purchase in Cash , there is a facility of COD on E-Commerce.
@ranjan_r In my experience , I got better deals online than D-Mart though sample size is very low. Around 4-5 Items. Have to analyse more on this front.
Wont the petrol/travel/transport expenses will occur while going to purchase from D-Mart. Point is about convenience.
May be we are missing something here as if the Retailers would be operating in such losses , Walmart would have never bought Flipkart that too at extremely expensive valuations. Also lot of e-retailers like Paytm etc are too there. Have to look whether Paytm is profitable or not.
Overall , my point is that since the business does not have any kind of Moat , this does not deserve such valuations. Though at the moment , it is everyone’s favorite and business is growing at great pace with aggressive expansion but i do not see much bright future ahead.