Retail value of virtually all the commodity items like grains, fruits and vegetables are nearly double the Loonsh rates. Mr. Iyer was more than happy to share the findings of the Loonsh team with us.
As on January 27, 2011
Commodity (1KG) | Price (Loonsh) |Price -Retail Outlet (Aundh, Baner, Shivaji Nagar)
Garlic Rs. 200 Rs. 270-290
Onion Rs. 20 Rs. 30-40
Potato Rs. 15 Rs. 20
Strawberry Rs. 100 Rs. 150
Tomato Rs. 25 Rs. 40
The common man is often held at ransom by retailers who cause disturbances in the prices by ‘demand simulation’. This was well illustrated recently in the case of onions and other vegetables which drew a lot of attention. While the retail price varied between Rs 25 and Rs 80 per kg, the (wholesale) market price varied a lot lesser between Rs 10 and Rs 30. Loonsh.com endeavors to insulate the consumers from such dramatic fluctuations that results in stockpiling by consumers, which in turn fuels inflation.
Chetan Patil points out how Loonsh achieves this:
Sourcing directly from wholesale/farmers and deliver at consumers’ door step.
Negligible infrastructure cost in terms of shops and storage; benefit is passed on to our customers.
We accept orders on email as well as phone till 8pm and deliver till 10pm in the evening to serve the large working class and student community.
Strongly encouraging residential societies or any local groups to register with us to get additional discount for their weekly or monthly purchase of vegetables and grocery.
There seems to be a lot of promise in Loonsh and such initiatives would be a welcome addition to our beloved city of Pune. All the best, http://www.loonsh.com !
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Loonsh.com is emerging indian social commerce which offers guaranteed low prices & huge discount on vast product range
Loonsh.is set to bridge the gap between online and offline world.