🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Anonymous

Hey I am on Medial • 1y

How important is a problem statement? If you can deliver a better product than the competition ,if it's quicker delivery or cheaper prices. Will it be a issue if there is not a huge problem? For example in the fashion industry if delivery speed is not a real issue could you still build a business out of getting faster delivery?

3 Replies

Replies (3)

Anonymous 3

Hey I am on Medial • 1y

The real question is: Is the improvement significant enough to drive customer acquisition and retention? If faster delivery in fashion can give you a competitive edge and keep customers coming back, it could be a solid business model. Just be prepared to defend your moat when competitors inevitably try to catch up.

Anonymous 2

Hey I am on Medial • 1y

In your fashion delivery case, you could potentially create a "problem" by highlighting the frustration of waiting for clothes to arrive. "Why wait a week when you could have it tomorrow?" It's all about perception and positioning.

Anonymous 1

Hey I am on Medial • 1y

Problem statements are crucial, but they don't always have to be about solving massive issues. In your fashion delivery example, even if speed isn't a "huge" problem, it can still be a differentiator. Look at Amazon Prime - they turned 2-day shipping into a standard when most people were fine with longer waits. It's about creating value, even if it's solving a "nice to have" problem rather than a "need to have" one. That said, the smaller the problem, the harder you'll have to work on your marketing and positioning. You'll need to convince people that faster delivery is something they want, even if they didn't realize it before.

Recommendations from Medial

Pradeep Chaudhary

Co-Founder & COO • 6m

Quick Fashion Commerce! If we deliver your favorite fashion brand'a Clothes in 10-15 minutes would you like to buy it from our platform?

Yes

Don't Know

Votes: 14

6 Replies

Anonymous

Hey I am on Medial • 1y

Q-commerce is slowly taking shares from all parts E-commerce in india expanding beyond simple grocerys,into toys ,essentials and other FMCG departments.So why not try to implement it in Fast fashion,with fast fashion where AOV is already higher than

11 Replies

Abhinab Pattjoshi

UX without users is ... • 2m

Why does UX matter? It's not about a pretty screen, but to have a purpose behind it. Disclaimer: This is not based on any specific problem statement; there might be space to grow.

1 Reply

Darshan prajapath

Hey I am on Medial • 8m

I need more names for my startup ! It is should relate to deliver clothes and fashion items

6 Replies

Anonymous

Hey I am on Medial • 11m

Hi anyone can help me with problem i am facing. I have a business and wanted it to be deliver as soon as possible. Example if we order from magicpin they assigns ola delivery rider to deliver the food or any Products. So my question is that how can i

3 Replies

Kunal Sharma

Building the Future ... • 1m

I have done registeration in sih , bcz my professor told me I should , but am not getting any attractive statement or so , can someone help me , with any idea or problem statement

2 Replies

Shashwat Srivastava

Be free! • 1y

What Problems do you guys face in use of internet on a day to day basis? This statement is to find out if there is a problem that actually hasn't been solved and we could technically build a product around it!

9 Replies

Praveen kumar

Start up • 1y

How to get start up support guys Iam in beginning I have a problem statement If we post our idea here how it will be safe

3 Replies

Vikram

Btech • 1y

Hi Everyone. I m participating in a hackathon competition so anyone can suggest me a problem statement?

6 Replies

Piyush Goswami

Aspiring entrepreneu... • 10m

Just read a post on medial regarding Myntra entering the doorstep delivery market although it is currently confined to only fashion and a few more things. But why is there so much scuffle in the doorstep delivery market??

6 Replies