BG BAZAR! BIG PRICE! BIG MARGIN!
I hope you remember when some big Market players want to enter in the retail market. They have told that they will provide goods at a very cheap price with best services. One of those big players is BG BAZAR who is claiming that no-one can sale cheaper and better than us and it’s a challenge. I never ever believe such campaigns but this time I decide to tell you the truth with facts and figures. After reading this blog you just check how is Govt. working and how these big fish oh! sorry big Crocodiles are working.
I clearly remember in Indira Gandhi time the food production was not sufficient and the black market players stock all the basic goods in storage houses. At that time Govt has passed a bill and asked the shopkeepers to show a list of all the basic commodities quantity with price tags in front of the shop.
Now these big fish what are doing, they are publishing ads but not showing the price and if they are showing than only for few things not for all.
Here is the list of the some products that I have purchased from Bg Bazar on 10/02/2010 and on the same day I have compared the price with the wholesale market price. You will ask me why wholesale market because my dear friends at the starting time they announced that they will purchase all the good s from producers and by this way they can save money which directly help the customers to buy goods on best price.
S.No. |
Items |
Bg Bazar Rate/kg |
Wholesale Price/kg |
Differnce In Rs |
Margin in % |
1 |
KABULI PRM |
75.00 |
52.00 |
23.00 |
44.23 |
2 |
TUR DAL |
75.50 |
68.00 |
7.50 |
11.03 |
3 |
URD DAL SP |
92.00 |
64.00 |
28.00 |
43.75 |
4 |
MONG DAL CHILKA |
98.00 |
77.00 |
21.00 |
27.27 |
5 |
WH MUNG DAL PRM |
79.90 |
58.00 |
21.90 |
37.76 |
6 |
MUNG DAL PRM |
77.90 |
61.00 |
16.90 |
27.70 |
7 |
RAJMA KSMRD BG |
52.00 |
43.00 |
9.00 |
20.93 |
8 |
BESAN |
40.50 |
31.14 |
9.36 |
30.05 |
9 |
CHANA MAUSMI |
39.80 |
22.90 |
16.90 |
73.80 |
I accept there might be some change in price from shopkeepers to shopkeepers but this prices are published in a Daily News paper. If any discrepncy is there in wholesale market prices than the result may be vary. In wholesale price the sale and packeging cost are not included. Please note that these figure I have taken from News paper if these figure are true than you can understand this business game.
Thanks
Alok Sharma
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