The new vendors found it difficult to establish themselves so they kept on changing their place of business, for example from a extn street they will shift to main road or vise versa, Thus they tried to keep their business going on and of course they managed it to a certain extent. So these shops functioned in one area but from different address, at different point of time.
Then the neighbor hood was transformed by arrival of Flats(apartment) culture this brought a huge difference in the way the neighbor hood bazar functioned. Super market /Chain of Supper market came into existence and then the Shopping Mall culture creeped in. These establishments advertised themselves thru newspapers and Television channels because they are available across many areas and also in some cases in various cities. Thus they could keep the business running.
Till this time the shops that were established in a neighbor hood functioned from that area for quite a good period of time.
Due to online shopping and the advent of multinationals in daily commodity business and big companies setting shops in neighbor hood, also due to real estate cost, these single area neighbor hood vendors could not sustain in their business in the area of their establishment.
Thus the situation today in many neighbor hood is the small shops and establishment vendors will open shop today and will close very soon because they could not survive profitably.
Thus if you visit a neighbor hood today and see a shop and if you go there after three or four months the chance are very high that the shop might have shut doors.
Open and Shut Case.
What is the solution let us see in our next blog
Namaskaram
V Rajagopalan
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