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As a Founder, You need to understand the key metrics of your industry. And a lot of founders don’t do that – Recently, I met a founder who pitched his GMV as his revenue. For Founders who don’t know: GMV is Gross Merchandise Value and does not count as a revenue when you are a Marketplace Start-up. For example: You are a Startup where people can sell and buy automotive parts online—Basically the Flipkart of automotive products, where sellers can sell and users can buy. Here’s how it works: - Suppose you sold items worth ₹10 lakhs in June. - This ₹10 lakhs will be your GMV (total sales). - Now, suppose you have an average of 10% commission on these items; this will be your gross take rate. - Your Revenue will be 10% of ₹10 lakhs, which is ₹1 lakh. But remember, this is gross revenue and the gross take rate. Now let’s consider the other factors: Suppose you have to pay 2% as payment gateway fees, 1% for returns, and 1% for other expenses. - Your net take rate will be 10% - (2% + 1% + 1%) = 6%. - Your net revenue will be 6% of ₹10 lakhs, which is ₹60,000. Investors ask this to check your - Revenue Efficiency, - compare it with Industry Standards, - Assess Profitability & Operational Efficiency. As a Founder, Are you tracking your industry metrics? #startup #founder #Marketplace #ecommerce #cofounder #fundraising
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Quick commerce is changing the way we shop! Here’s what’s making it so exciting: 👇 ⚡ Explosive Growth: Over the last two years, the quick commerce sector has skyrocketed, growing 280%! And they’re not just sticking to groceries anymore—fashion 👗 and electronics 📱 are their next big targets, delivered at lightning speed. 🕒⚡ 💡 The Top Players: Blinkit, Zepto, and Swiggy Instamart have taken the early lead, building strong brand recall and dominating market share. Together, they’ve surpassed $1 billion in revenue for FY24! 💸💪 🏃 E-Commerce Titans Feeling the Heat: Flipkart is racing to stay relevant with its “Minutes” initiative, while Amazon is gearing up to enter the game. The speed of delivery might soon reshape how we think about e-commerce! 🔥✨ 🚀 New Entrants Join the Frenzy: From startups to tech giants, everyone is eager to replicate this winning formula. With so many players entering the arena, the quick commerce revolution is just getting started! 💼🌟 #quickcommerce #blinkit #zepto #swiggyInstamart #10minutedelivery #fastshopping #ecommercerevolution #startup #ecommerce #business #ecommercetips #businessstartup #businessnews #businessconsulting #business101 #branding #entrepreneurship #ceo #entrepreneur #company #explore #post #viralpost
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Meesho’s in-house logistics, cheaper ad rates, lower commissions as well as strong presence in Tier 2, Tier 3 markets are all huge draws for D2C brands, compared to Amazon, Flipkart👇 The SoftBank-backed startup has transformed from an unbranded goods marketplace and has signed up over 1,000 recognised D2C brands in the past year. The Vidit Aatrey-led company claimed it turned profitable in July 2023, but the D2C push will be key to scale up the topline and average order value further when compared to the marketplace competition. Even Kishore Biyani is not sure about how Meesho has done it. At Inc42’s D2C Summit in August this year, the Future Group founder and retail industry veteran admitted that he is flummoxed by how Meesho cracked the ecommerce code to compete with Amazon India and Flipkart. To read the in-depth article, click here: https://4-2.co/3NzhWji #startups #meesho #d2c
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Flipkart's bid to acquire Zepto falls through, shaking up the quick commerce space. The quick commerce sector is on a trajectory to redefine e-commerce as we know it, potentially reaching a gross merchandise value (GMV) of around $34 billion by FY29. This isn't just a trend; it's a transformation. 📃In a recent turn of events, Flipkart, a Walmart-owned giant, made an offer valuing Zepto at under $2 billion. Still, Zepto declined as Flipkart sought a majority stake, which Zepto was unwilling to give up. Flipkart later launched its quick delivery service rather than purchasing a stake in Zepto, another fast delivery company. This choice shows that more and more companies are focusing on giving customers what they want right away. 🤔But what does this mean for new businesses and investors? 💡Zepto's bold decision to focus on a financial round rather than a strategic sale, aiming for a valuation increase and an IPO, speaks volumes about the confidence and ambition driving today's startups. The startups are not solely focused on creating quick exits but also on ensuring long-term viability and maintaining control of their vision. 🚀 Flipkart's decision to double down and establish its own quick-commerce vertical underscores the adaptability and resilience of established players in the e-commerce industry. This move sends a clear message that, in the rapidly changing e-commerce landscape, innovation and speed are critical and non-negotiable. This scenario isn't just about two companies. It reflects a significant industry evolution in which quick commerce has progressed from a 'nice-to-have' to an 'essential' component of the e-commerce eco-system. The implications are vast, from how we invest and compete to how we cater to ever-evolving consumer expectations. What's your take on this shift towards quick commerce? #quickcommerce #startup #ecommerce
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As quick commerce players fight it out with India's biggest e-commerce companies for a share of the retail pie Vertical Players like Firstcry display a credible playbook on how to create a successful retail business in India by focusing on the customer and solving their pain point Firstcry's journey is a great case study on how the organic and logical way to solve a problem in retail works with offline and online presence built over the years, one store and one SKU added at a time to build trust and reliability By focusing on a category with a large TAM and high emotional involvement, they have been able to sustainably build a behemoth of a business empire Which is not just focusing on India but also selling to the rest of the world As large retailers Like Reliance, Amazon, Flipkart and D-Mart fight out with VC funded startups in Quick commerce and category plays Every professional in Retail, Marketing, Logistics and Finance has a lot to learn from the incredible journey of Firstcry on how to delight the customer and make it big in India and overseas markets Behind every success story is a team of professionals obsessed about customers and achieving excellence in everything they do How much more time do they take to turn profitable is the only thing pending now Hopefully it will be very soon Any thoughts ? #Firstcry #IPO #Startup #Retail #Finance
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🌟 Is Amazon gearing up to shake up the quick commerce scene in India? In this video, we delve into how Amazon is strategically positioning itself against major players like Blinkit, Swiggy, Zepto, and Big Basket. Discover the latest developments, potential investments, and implications for the future of grocery delivery in India! 📦✨ Join us as we explore what this means for consumers and the competitive landscape. Don't forget to like, share, and subscribe for more insights! Watch Now- https://lnkd.in/ggzZazpe #ecommerce #QuickCommerce #india #business #technology #news #retail #startup #dominance #competition #consumer #strategy #marketing #economy #amazon #blinkit #swiggy #zepto #bigbasket #QuickCommerce #ecommerceindia #businessnews #grocerydelivery #markettrends #investments #acquisition #indianews #indiabusiness #indiabusinessnews
Amazon Capturing Blinkit, Swiggy, Zepto, Big Basket? | The End of Quick Commerce Startups?
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It's very very OBVIOUS....!! @amazon.in in talks with Swiggy to buyout Instamart....and...recently we also read that Flipkart was in advance stage talks with Zepto to buy them out...!! Now, why would such talks happen if Quick commerce, Specially, the grocery business was making financial sense....? Does Quick commerce make financial sense....or.....is it the flavour of the season like how we saw the frenzy in Edtech startups and astronomical valuations.....!! #quickcommerce #startups #M&A #onlinegrocery https://lnkd.in/dTf_D8Xf
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Q-Commerce Heats Up: Is There Room for New Players in the Market? (#QCommerce #MSMEs #StartupEcosystem) The news of Flipkart entering the q-commerce space with its planned service is a hot topic! This growing market presents exciting opportunities, but also raises questions for aspiring entrepreneurs. Here's why exploring q-commerce could be a strategic move for your MSME: 1. Rapid Growth: The q-commerce market is booming, offering a chance to capitalize on the increasing demand for fast deliveries. 2. Focus on Convenience: Consumers today crave convenience. Q-commerce caters to this need with speedy delivery of everyday essentials. 3. Leveling the Playing Field: Q-commerce allows smaller businesses to compete with larger players by offering hyperlocal delivery options and personalized service. A Call to Investors: The MSME sector is the backbone of the Indian economy. By investing in partnerships that empower MSMEs to thrive in q-commerce, you're not just supporting innovation, you're contributing to a more vibrant and competitive marketplace. Ready to explore the exciting world of q-commerce? Share your thoughts in the comments - what are your biggest challenges and opportunities in this space? #QCommerce #MSMEs #Startups #Saraltech #Learning #Empowerment
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