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Showing posts with the label storage

Demand - real or built up

It was an interesting chat at home while making a shopping list before going to a local supermarket. My better half, as usual, was in command and said "we need to be careful in spending money as there is a slowdown in the economy". I politely nodded my head and toed the line. Men are very impulsive buyers and I got lured by an attractive offer on bathing soaps. On putting the same in the shopping basked she looked at me as if I was the biggest fool in the world. "Are you even aware that how many soaps are lying at home?" There was a serious message in there. Most households (by and large in India) hold a lot more than required at home. This, in my opinion, emanated from old experiences of shortage. I dug a few old notes and my past experiences from FMCG market visits. On doing a bit of survey (to camouflage inefficiencies of our house), the results were startling: On an average (of 4 households that I checked in Metroplitan, nuclear family with two kids, uppermiddl...