Amazon vs Jio Mart
I believe you all are doing well and in this together for a fight against Corona Virus. I am writing Amazon vs Jio Mart as I have received comments on my channel. Do let me know in the comments if you want me to write about any particular topic. Amazon vs Jio Mart will be an epic war in the Indian market, which I believe Amazon will win. I believe you are all aware of Jio Mart and Amazon already.
Let us start this topic and understand the difference between Amazon and Jio Mart. I am not sure how to put it forward in words in order to make it simple.
| Parameters | Amazon | Jio Mart |
|---|---|---|
| Nature | MNC | Indian Based |
| Year of Establishment | 1994 | 2020 |
| Stock price | $3,008.47 | $1851.40 |
| Return Policy | Yes | Yes |
| Electronics | Yes | Not yet |
| Grocery | Yes | Yes |
| Free Delivery | No, free for prime | Yes |
| Across India | Yes | Not yet |
Well its too early for comparing Amazon vs Jio Mart but still I dont see bright future for Jio Mart. Yes , Jio Mart will give hard time to other e-commerce such as Flipkart , Dunzo , Big Basket , etc. But when it comes to Amazon ,it is way forward ahead.
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Top 5 Benefits of Amazon :
1.Established :
Amazon is well established company and follow strict protocols. They are the pioneers in providing solution to the customers with their amazing service.
2. Defined Process:
Amazon has their process defined and any one could fit in their process. Any graduate can join them and give them same result as any skilled labor because they have to do as per the defined process.
3. Quality over quantity:
Undoubtedly it is evident , Amazon prefers quality over quantity. Jio Mart prefers killing the market by slashing the price to get more customers and sales.
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4.Authenticate Source:
Maintaining supplier sometimes may be hectic as everyone wants to sell their product through these platforms. Amazon scrutinize the supplier and have streamlined strict policy for standard quality products.
5.Self Reliant:
Amazon is a self-reliant group and can manage its funding. Despite being self-reliant they received good amount of investment as well. They are very serious about the Indian market and soon new services will be launched.
Jio Mart: Killing price strategy
Reliance Jio Mart’s strategy is very simple. They kill the market price and sell materials under the price. Undoubtedly, we cannot forget how Jio sim killed the telecom market in India. A milkman can sell pure milk but to increase the profit he usually adds water. Well, it’s not necessary all the milkmen are the same. But selling sim cards and data plans cheaper than the market is still not understood. Either other telecoms were looting us or saare milke humko bana rahe ?
Apart from this, Reliance is the leading firm whose net worth increased during this pandemic. The main reason is they received major Foreign Direct Investments. I am afraid of those investors who put their money. Indeed this is a remarkable strategy for increasing stocks and value.
Story of Tom and Dik :
Tom and Dik are brothers, both are business-minded. First, Tom plays clean while Dik does the dirty business. Tom has a very clean image in the market and Harry gets impressed by the work. Harry also invests in Tom’s stock and Harry’s friend follows Harry. At the end of the week, dozens of Harry’s friends invest in Tom’s firm. By the second week, Harry sells his stocks silently and secures his investments. Well, Harry is none other than Tom’s ally who fooled others to invest in Tom’s stock. On the other hand, when Dik is caught in his dirty business Tom comes for the rescue.
Conclusion :
As a consumer, you should use your skills and buy what’s good for you. Both Amazon and Jio Mart are in the market for business and they will do what’s good for them. Since it is an open market, you can compare the prices and buy as per your need. But I would recommend Amazon because I am already using their service and so far there is no issue with them. Don’t forget to check out How To Increase Instagram Followers.
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