Due to the rapid development and expansion of supermarkets in some countries many small, local businesses are unable to compete. Some people think that the closure of local businesses will bring about the death of local communities.To what extent do you agree or disagree?

It’s true that the retail market penetration is better with supermarkets and they do not even allow the local shops to compete with them. I believe, in the near future, we will miss the traditional touch of local communities in our everyday commodities.

To begin

with, Customer acquisition plays a vital role in the development of a growing

business

. Goods and services reach is more efficient for supermarkets compared to local shops through discounts and offers. Cashbacks, digital order placements and free home delivery are very impactful

business

strategies which are able to attract all segments of the society,

however

local shops fail to do so. They ensure the entire experience of the buyer is seamless while enjoying offers. Many supermarkets,

such

as Nilgiris, Godrej Naturals, M.K.Ahmed, the

freshco

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fresco

has invested in advanced technologies and have expanded across the country.

Furthermore

, local shops are left behind in

this

growth path of market penetration because of their lack of versatility. The local shops have limited quantity and variety of products. Lack of

business

strategy and expansion mindset, upselling and cross selling is not viable for local shops.

Hence

, in another decade, the local shops will be completely disappear and we will not have access to traditionally made goods. And with no

business

in hand, local communities will migrate in search of other businesses or jobs.

Thus

, I believe, with limited variety and lack of

business

strategy and growth plan, it will be really tough for local shops to continue growing their

business

and sustaining the local communities.