Mini Mart & Deli Business External Environmental

1.Economical factors: The mini markets and the groceries operate on the basis that it will be a quick supply for their resident which are residing in a certain radius of the store. This helps them to stack the most important items which will be necessary. As the demand will change due to the presence of the competitors which will be present across the street. So The financial system has or be robust. There are also factors like the seasonality of the customer demanded. The lack of demand can also be attributed due to the distribution of the profits between the other competitors. They will affect the financial stability of the minimart. The diversification into other lines of products and services will help in the gaining of new market share and thus improve the bottom-line.Technological factors: The increase in the billing and the order management system will help in the improvement of the customer satisfaction. The idea of express checkout and the display of offers have been quite impressing in the retention of customers. The minimarket needs to adapt to this technology to gain more market share.Social Factors: The change in the shopping habits have made the grocery stores a place