The Indian E-Commerce market is primarily dominated by companies like Flipkart and Amazon. But now Jio in partnership with Facebook is set to enter the e-commerce market through JioMart.
So, What is this JioMart and does it really stand a chance against the present
E-Commerce giants? Let’s dive deep and find out.
JioMart:All you need to Know|How to place order|How to become a jiomart distributor and earn money
JioMart is an online-to-offline (O2O) business platform where customers can place an order online, but purchases the products offline. (from the nearest local retail stores).
Additionally, JioMart promises Free Home Delivery, Express Delivery Services, and ‘Never Before Savings’ once the App is launched.
After signing a historic $5.7 billion deal with Facebook on April 22, Reliance Industries’ e-commerce platform JioMart is now live in Kalyan, Thane and Navi Mumbai near Mumbai.
Customers can place an order on JioMart’s WhatsApp number 8850008000 using their phones. Launched in January, the web-only arm of Reliance Retail allows consumers to purchase from among 50,000 products including groceries and other essential items along with private labels owned by Reliance Retail.
The Jio-Facebook Deal:
Now this Jio-Facebook Deal is indeed something you should keep your eyes on, as it has created a great potential when it comes to scaling India in the Digital Market.
Facebook announced an investment in Jio Platforms Ltd., for $5.7 billion (Rs 43,574 crore) which will potentially impact both of their business trajectories immensely. The immediate focus of this strategic partnership is India’s 10 million Kirana stores — a terrain as difficult as promising, and which has challenged many a wise man who has attempted to crack it.
It is not only the largest FDI for a minority investment in India, but it is amongst the largest strategic investments by a technology company.
Among the ongoing COVID-19 crisis, we are seeing rampant valuation corrections happening in the start-up ecosystem. However, this investment is a testament that businesses that show a promise of great value will continue to attract the right valuations.
Mark Zuckerberg and Mukesh Ambani couldn’t be more different in our imagination as Leaders, and Facebook and Jio have little in common on first consideration. These differences, however, fade when businesses are aligned for a common outcome, creating interesting allies to drive market leadership in new ways.
“The core of our commitment is that Mark and I share for the all-around digital transformation of India. JioMart and Whatsapp will empower nearly 3 Crore small Indian Kirana shops to digitally transact with every customer ” – Mukesh Ambani
Jio and Facebook have each played a massive role in India’s digital transformation. For 380M+ Indians, Jio has built a massive infrastructure to democratize digital connectivity.
Facebook, on the other hand, has built a strong distribution network in India with over 400 million users on WhatsApp, over 280 million on Facebook, and over 88 million on Instagram.
The partnering of these two powerful platforms will not only give rise to richer consumer experiences, but also open up access to the Digital Indian dream for 400 million consumers. Their joining hands will also bring smaller businesses on the fringes of Digital India into the fold. Reliance has been committed to ‘New Commerce’ initiatives, i.e. to digitize and empower millions of small shops.
The partnership gives them faster, cheaper, and deeper access to Indians in urban areas and the hinterlands. The elephant is on the table, no question that Jio+Facebook will stress many existing startups, and several business models will fail unless they readapt.
While consumers and SMEs benefit the most, there is an opportunity for start-ups too. Consumers will see deeper integration and solutions from Jio driving content whether it is gaming or entertainment or education. JioMart will offer SMEs financial services, more efficient supply chain solutions, and allow small merchants to benefit and grow.
JioMart offers an efficient platform to reach 400 million digital Indians. And Indians are hungry to explore new brands and new experiences in many categories.
There is reason to be excited and optimistic about the second-order impact of the partnership, and the future of India’s digital economy. Companies creating disruptive technologies, interesting brands, engaging content, and developer tools will see tailwinds from this partnership, and will potentially build enduring businesses.
Against the backdrop of COVID-19, dwindling revenues and funding crunch, and increasing market competition, we should expect to see consolidation and conservation of cash to create market leaders.The story of Facebook and Jio is that of defining India’s digital economy for the decades to come.
Let’s now come to the functioning of the JioMart, and see how does it actually gets implemented.
How to place an order on JioMart via WhatsApp:-‘
1 — Users need to save the JioMart WhatsApp number — 88500 08000 — in their contacts.
2 — Once saved, send a ‘Hi’ message to JioMart on WhatsApp.
3 — JioMart will reply with an automated text to your message on WhatsApp with a link to select your locality and products. Keep in mind that the link is valid only for 30 minutes after you receive it. You can send a ‘Hi’ again to receive a new link in case the original URL expires.
4 — Fill up the form will all the details and click ‘Proceed’.
5 — Next, JioMart will list all the products available for order in your area. Select the items you wish to order and then hit ‘Place Order’.
6 — The merchant will update you once the order is ready, following which you can head to the store and collect your JioMart order.
Currently it’s only available in regions like Kalyan, Thane and Navi Mumbai near Mumbai. The Beta-testing according to reports is quite successful and the customers are giving good feedback, so there’s no question that this initiative is gonna work out great, and is soon going to cover the most parts of India.
Now let’s discuss how you can become a JioMart distributer and also earn some money.
Points to remember to do Business with JioMart:
- For becoming Jio distributor the party should be currently doing distribution business with a renowned brand
- You should have adequate infrastructure for doing business with JIO.
- The interested firm should have the desired level of infrastructure and finances to become JioMart distributor
- The distributor should have the desired equity in the market and should have a good relationship with the retailers
- The local sales team will come to approve the distributor if the onboarding norms of the distributor fulfill.
Documents required for JioMart Distributorship
- Two passport size photographs
- Photocopy of Voter ID or Aadhar card
- Address proof
- Firm certificate
- PAN Card
- GST certificate
If you want to do business with Jio Mart, then read the above-mentioned points as these are very important. Currently, JioMart Distributorship is not available but if you still want to try, then follow these steps carefully:
- Firstly, fill the form from the Jio site by Clicking Here.
- Now, just click on the “I am interested” button.
3. Enter your Name, Firm Name, Email, Address, City, Pincode, and Mobile Number.
4. Then click on “Submit” button after verifying the captcha.
5. You will get this confirmation message, “Your lead created successfully”.
So another question out there is-
Why should you become a JioMart distributor?
Well the answer is quite simple though. Reliance Jio is very popular and one of the fastest-growing brands and if you do business with JioMart you will get so many benefits like a good commission. We all know that Mr. Mukesh Ambani is very famous for offering things in free like we got Jio SIM with unlimited data and calls for one year, Jio fiber is also for free in starting for individual users and now its time for JioMart which is giving benefits of ₹3,000 when you pre-register on it. If you haven’t signed-up for JioMart account, then you must do it and claim benefits now.