Due to worldwide COVID-19 lockdowns, the online grocery sales has surged about 40%. Some reports anticipate that the online grocery market would gain momentum in the next five years. As per the reports of Statista, the grocery sales in USA are estimated to reach $59.5 billion by 2023 from $23.9 billion in 2018. The average daily users of the on-demand grocery app have increased beyond 40k during this pandemic.
Talking about current market scenario, the pandemic is transforming consumer's needs and behaviors, putting high degree of focus on online grocery business. This unprecedented situation has made people experience many challenges. The biggest challenge is getting a food supply that is inclining people towards online grocery apps. Today, while purchasing fresh vegetables, fruits, and all our daily required items, we follow social distancing due to instilled fears related to infection. For this reason, the use of Grocery App is the best and wise option.
Based on some surveys, it is found that consumers of different age groups are responding differently to current crisis. The results of surveys show that shopping behaviors are changing based on generational differences where the young generations prefer on-demand service-related apps for buying clothes or groceries. To fulfill the demand of users, Grocery App Development Industry is acting fast and implementing new business patterns for consumers who are gravitating towards online delivery apps.
Grocery Industry – What's Happening Now?
The global economy is facing unprecedented impact due to the spread of the COVID-19 for the past few months, due to which several industries are forced to lockdown their business operations. Businesses are now looking for an alternative source for generating revenues.
Many might have thought of creating a grocery app that seems to be a promising revenue source if they out-looked gently. Creating an app like Walmart or Shipt might be a dream for many; however, one should analyze the revenue stream of the grocery industry in depth before transforming their dream into reality.
Online purchase of groceries has become a mainstream part of people during the COVID-19 outbreak. Users of online grocery apps are now mainly focused on purchasing essential goods such as health care, foods, and other beverages which raises the sales of these goods to the peak. On the other hand, other on-demand services such as transportation, food delivery, etc. have fallen witheringly into deep.
Apart from that, few issues need to have strict considerations before stepping into the development of a grocery app. The issues mentioned below are commonly faced by both online and as well as the offline Grocery App Businesses during this hard time.
Key Challenges Of Grocery App Businesses In Coronavirus Crisis
It is the best time to develop a grocery app and offer a hassle-free grocery shopping experience to your customers. With the rising and persistent demand for online grocery shopping, it is the right time to launch your app and venture into this industry. Please reach out to us to know more on the same.
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