Grocery
topic on 7 shows · 11 statements across 9 episodes
the Y Combinator Startup Podcast 
In Depth 
Another Podcast 
the Neon Show 
WTF is with Nikhil Kamath 
How I Built This 
the a16z Podcast
11 statements about Grocery, every show
Kanter: Complex fitment criteria kept auto parts e-commerce penetration around 4%
“And because of the complicated fitment criteria, the e-commerce penetration rates in auto parts are very, very low. So I don't know the latest numbers, but when I was in the auto parts industry a number of years ago, the penetration rates in automotive were se…”
Palicha: Small mom-and-pop kirana stores dominate grocery retail in India
“Obviously in the US you've got more Walmarts and Costco's and Kroger's but in India it's primarily these small mom and pop shops that, that dominate grocery.”
Palicha: Indian grocery purchase frequency is four times higher than in US
“The overwhelming majority of consumption actually happens within four kilometers from your house, which is very different from the US, right? Like, the frequency of purchase in India is four times more for grocery than it is in, in the US, and so people actual…”
Parekh: India's top 30M households prioritize convenience over grocery prices
“So this,
Top 30 million market of India, which is thirty million households, which most people call India one, or what do you want to call it?
It is very, very international.
And this is not a value based market.
Grocery, if you look at it, the popular definit…”
Palicha: Quick commerce accounts for roughly 0.3% of Indian grocery retail
“To give you the exact number, it would be like about today collectively .3% of grocery.”
Aadit Palicha notes grocery represents 75% of Indian consumer retail spending
“75% of all, you know, consumer white goods spending in this country happens in grocery.”
Evans: US non-grocery e-commerce surged to 29% before settling at 26%
“If you exclude grocery, it was 29%. Sorry, it was 21 and a half percent. It went to 29%. It's now down 26%.”
Justin's cut underperforming SKUs and shifted resources to handle pandemic grocery demand
“Kind of cut back on the SKUs that weren't our top sellers. And then our manufacturers went to seven days a week and it's monitoring their progress and monitoring stores and allocating this to stores based on their demand and needs and then pulling resources aw…”
Caldbeck: Grocery operates on thin 2-3% net margins, limiting tech disruption
“Grocery today, two, three percent net margin business. That's hard to strip out a lot of costs from that.”
Grocery remains almost completely untapped by e-commerce
“Grocery is one of the last categories standing for the analog you know, brick and mortar business. Grocery has been almost Completely untapped by the digital revolution in commerce.”