Traditional stores are increasingly adopting modern technologies and business strategies to bring innovative marketing methods such as special discounts and loyalty points alerts for its customers. This business model, until recently, was only being used by modern traders and ecommerce players.
"Neighbourhood retail stores are fast evolving with the adoption of technology to serve the changing shopper aspirations and needs," a spokesperson of Hindustan Unilever told The Economic Times.
The FMGC company along with other top consumer product makers and technology service providers like Ratan Tata-backed Snapbizz, ShopKirana and Storeking are backing the shopkeepers in this transition. The technology firms