FMCG companies quick to profit from rising star of ecommerce

Consumer goods companies are boosting profits through quick commerce, thanks to rising premium product sales, reduced distribution costs, and shorter credit periods. By supplying quick commerce platforms directly, they bypass traditional distributors, enhancing profit margins and streamlining inventory management. This shift presents a compelling case for businesses to adapt to the changing retail landscape. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FMCG-Cons. Products-Industry-The Economic Times