Future of Local Bazaars (Markets) in India

At a time in India weekly bazaars (markets) used to be held. People from near by villages used to come together for shopping of their daily needs. Such markets also were occasions of meeting people and knowing their neighboring village fellows. Even today, when the country is rapidly developing the mall culture has still retained the older norms. To make shopping a delightful experience malls have special days of discounts and sale. They also believe in socializing with people. Thus they conduct games, DJ sessions and call celebrities to promote their mall and its culture.

In this scenario the local bazaars are slowly losing out on their shine. The local markets selling cheap yet somewhat durable products is losing out on their share because of the big entrants in this arena and even the future bazaar i.e. online shopping. Local markets have been in vogue since forever and it is the past decade that is noticing a transformation. The change is rapid yet not so strong that it could wipe out the local bazaar trend. The famous local bazaar of Mumbai, ‘Fashion Street’ is slowly losing out on its clientele because of the enormous options available to people in shopping malls and online shopping, the future bazaars of India.

The future of shopping is online based shopping because of the numerous benefits it offers. The future bazaar offers wide availability of options including international brands and retailers. The ease of shopping anywhere, at anytime adds to its popularity as it cuts down tremendously on the shopping time and effort. The local bazaars in India are inconvenient to shop at during the monsoon season. The parking is an issue as these bazaars are located in busy streets. The same or even better quality products are available in shopping malls and online at the same cost or even better deals. Online sites provide auction facilities which enable the user to decide its price and worth.

The local bazaars have an edge because of the feel of products that they offer. One can touch and know the quality and can verify the claims of the seller. Even such facility is offered in popular online shopping based websites like naaptol.com which offers the options of local stores and retailers which enable them to get the product locally. This is important in case of consumer durable items which need close inspection and after sales service. The future bazaar, would be a combination of local and online sellers, who work hand in hand to provide utmost convenience to the consumer.

Source by Monty Alexander


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