If you are planning to start your retail business, it is necessary to know the difference between grocery store, supermarket, and hypermarket.
You must know the needs of your locality. According to that, you will understand which type of general retail business would be suitable for you.
The reason is it makes your investment worthy and business successful.
We would help you to grow your business by providing essential knowledge about the differences between grocery store, supermarket, and hypermarket.
Let’s check all of them one by one to have a better idea of all three stores.
What is a Grocery Store?
Usually, customers believe that the grocery store and supermarket are the same. However, it’s not. A grocery store only provide food and drink items such as canned food, packed food, spices, vegetables, and fruits.
Grocery stores are common in all areas of the town. That’s because food and drinks are the basic needs. Therefore, the changes of failure are quite low. Also, you can start small, and make the investment bigger with time.
In a grocery store, there could be different sections such as vegetable section, fruits section, vegan section, milk items section, juices section, and a lot more.
If you only want to sell food and drinks, then a grocery store is the best option for you to start.
What is a Supermarket?
Most of the supermarkets are evolved from grocery stores. These stores not only keep food and drinks, but also the items we need in day-to-day life.
If you have a lot of money to invest, you can start a supermarket directly. It is possible to create sections as well as subsections when it comes to supermarket.
For instance, in the food section, you can include all the grains, canned food, biscuits, etc. In body care section, you can include shampoo, conditioner, soap, etc.
In this way, you get the opportunity to reach a bigger audience. As these items are used by almost everyone, sales would be higher too. It gives the convenience to the customers to easily buy all the required stuff from one place.
What is a Hypermarket?
A hypermarket serves a variety of products. There are several products which won’t be available at grocery store or even superstores. Besides the day-to-day life items, it also covers the clothing, electronics, books, and what not.
Usually, people visit a hypermarket when they have several requirements, and they don’t want to visit multiple places. As hypermarket keeps a lot of products, it is easy for them to experience huge sales.
However, hypermarkets require a lot of investment for filling the inventory. We would suggest starting small and growing with the amount you earn in sales.
What are the major differences between grocery store, supermarket, and hypermarket?
In grocery store, you will only find products related to food and drinks. That’s the limitation- you have with grocery stores. However, when it comes to supermarket, the number of products increase as you include other daily-life items too. In case of hypermarkets, you are including every possible item that people would wish to buy. If you take the case of Walmart, you can find every product you want to.
With a higher variety, you would require more investment. Therefore, you would require the most investment in case of hypermarkets, followed by supermarkets, and then comes the grocery store. You can define the variety according to your investment limit.
With more products, there would be more sections. As there would be more sections, you might need different staff members to handle each section. In case of hypermarkets, you would need the biggest staff. However, in case of grocery store, it is possible to do the management with the help of a few members.
Hypermarkets are vast as they need a lot of space to place their products. In case of supermarkets and grocery store, you won’t need much space as there are not many products. However, if you increase the variety, space requirements could increase too.
It is possible to have huge sales in all three cases. Usually, the sales of hypermarket are the highest. However, that’s the generalization because hypermarkets cater to a greater number of customers. However, even in case of grocery store, if you improve the variety, sales might increase. Also, there are many more factors such as location, marketing, offers, etc. that you need to take care for improving the sales.
You can select that which store you wish to visit on the basis of your requirements. When you need daily groceries, grocery store is perfect. Rest, with the increased requirement, you can move to supermarket or hypermarket.
Ari- the best retail management solution for Supermarket, Hypermarket, and Grocery Store
Ari retail management system is the best suited for any of the retail business whether it’s a supermarket, grocery store, or hypermarket.
That’s because it is inexpensive and scalable at the same time. As you grow you won’t need to switch to any other retail management systems for sure.
Ari has every feature you would need to have a high-grade management. With Ari, you get inventory management where you can create sections and any number of subsections.
That’s why it allows supermarkets, hypermarkets, and grocery stores to scale easily. Whenever you need to add a new section, you can do that by simply adding the details.
Besides that, it can help you with accounting too. Ari can integrate with top accounting software. You can directly transfer your transaction data from Ari to these software programs.
Ari also takes care of growth. That’s why we introduced promotions, offers, and loyalty program which you can run to attract customers.
For growth, analytics is also important. You can use our in-built analytical tool for finding out what’s working best for Ari and what’s not.
You can introduce it on one store, multiple stores, or even chain of stores. All the data remain centralized, minimizing errors and providing better governance.
Overall, Ari is an all-in-one pack solution for whatever retail store requirements you have.