Global grocery industry market will be $8.5 trillion by 2020. Retail channel will drive bulk of that sale with $2.7 trillion in additional sales forecasted. Retail market in Asia will contribute $1.2 trillion of that, which is more than Africa, Europe and Latin America combined, growing at 6.6% annually.
In many countries across these regions, up to 94% of retail sales still happens over the counters at small grocery stores. However, effective collaboration with such stores is still difficult due to multiple layers of middle-men, manual and paper base processes, lack of information sharing channel and offline natured of such stores.
Introducing Baz Protocol, an intelligent and decentralized FMCG business network and easy to use mobile app for grocery stores to collaborate with manufactures on business transaction, powered by EKK.
Manufacturers will be able to use EKK for loyalty reward and booking grocery store space for their product marketing. Grocery store can use EKK to place product order in bulk to manufacturers. EKK will also allow users access to privileged features in the network.
By using blockchain, artificial intelligence and social technologies, Baz Protocol will create a bridge between manufacturers and store owners, saving valuable time and cutting the cost of middle-man
EkkBaz is empowering and transforming millions of such grocery stores to improve their business-to-business collaboration.
Join us and be a part of next revolution in global B2B FMCG industry.
Get your EKK Tokens today.
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