Shopping Malls and the Street Markets in India

in blog •  7 years ago 

Whether the attractive and appealing shops would replace the local markets or not has been a debate for many years. Although many believe that the former will eventually replace the latter in future, I think that the large malls would never supersede the small ones because of the cost difference between them and the reliable nature between the buyer and the seller.

Often, some market segment would rather prefer to go local market shops as they are relatively cheaper than those in a beautiful showroom. It might not be a significant issue for the higher class segment; however, some people, especially living in developing countries, cannot afford a branded dress from the luxuries mall. Instead, they would prefer to buy many items at the same price. Therefore, owing to the necessity of the small-worthy shops, there will not be any replacement for the local markets.

Shoppers Stop shares surged after saying it will raise 1.8 billion rupees ($28 million) selling a 5 percent stake to Amazon.Com NV Investment Holdings LLC, the Mumbai-based company said in an emailed statement late Saturday Source

Shopping malls are attracting customers with multi stories buildings with a large number of stores under one roof. People consider that they can finish all their shopping and save time in all most all malls customers can get clothes, food courts, banks, pharmacies, groceries, cinemas, restaurants and much more. But with all these benefits, there are some negatives also while shopping in malls.


Image Source - Modified

Moreover, while buying any goods such as groceries, many think that large industries and brands are inciting various harmful chemicals to the products and thus, they are unreliable. For instance, it is proven that a well-known brand from Southeast Asia was engineering many dangerous products into their vegetables in order to look and stay fresh for a significant amount of time. This news was telecasted in major news channels, making people start buying their food items in local stores. Hence, an unreliable store like this would never substitute the domestic market.

In India all residential colonies are operating local markets named “Santa” (Street Market) organized every week, which is attracting customers of shopping malls and departmental stores, it allows customers the convenience, low buying cost and satisfaction of the freshness of products when compared to malls.

Some believe they both can coexist by helping each other. Majority of Local markets are formed by farmers or the dealers form rural areas if they are making an agreement with these people they can make the business profitable to both.

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wow grate post ....i like this.. thanks for this post
i have some new post .....you can check
here @letsmakes

nice capture and write-up

Such a Wonderful, thanks for sharing :)

Man that food you have in the picture looks delicious. I want to reach through my phone and get some to cook with tonight for dinner.

  ·  7 years ago (edited)

I like fresh fruits and vegetables, the combination of colors is amazing

nice

Wonderful to see the support for the smaller businesses instead of the multinational conglomerates.

Nothing better than fresh fruit and vetables. Love the colour nothing compares to this really.

Full of life!

Personally, I believe that we must support street markets. Especially the one formed by the farmers. In some places there are weekly markets where farmers sell directly.

In Tamil Nadu, there are daily markets (Uzhavar Santhai) a.k.a farmer's market. Common public and farmers get benefit through such initiatives by the Govt.

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WoW! I love this post. Nice write up.
You have highlighted the differences between mals & street markets, whcih is an eye opener for the ordinary people .

Sometimes I prefer visiting some of the local shops over the showrooms in the mall, just because of the feeling that I get when I am talking to the proud shop owners. Customer service executive at the mall won't give you that vibe.