Hyperlocal Retail Industries of India do you think it is drowning? Actually Yes But not anymore. Here's Synkreta to help local vendors and retailers to sell their products online and increase their sales and breathe calm
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Hi November’s Showcase is now live and you can participate again with this idea or with a new idea. Looking forward to seeing your submission!
There are two categories one is where people want see actual products want to feel and then they purchase like - food. 2nd category is like people can buy product from both online & off line market no need to see product like - medicines (certified products). If you want to boost your sales then focus on discreet products like - Condoms (no one wants to go in medical to buy it in qty)
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Hello there! Thank you for participating in Medial’s Startup Showcase in August. We have a new opportunity for you to Participate in Red Bull Basement where you can submit this idea and represent India as a finalist if selected in Tokyo, Japan! You also stand a chance to win funding, incubation and mentorship from Red Bull. To participate just Search for Red Bull Basement and apply or else click on this link to apply- https://www.redbull.com/in-en/events/red-bull-basement-india Once you participate please Dm Me or tag me here and let me know that you have done so.
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Inventory, scaling, pricing competitiveness is an issue. People will want to go to the fastest and the cheapest option how do you plan to ensure the best possible solution?
We do not keep any inventory, we just collect it from the local shop and deliver it to the customer only in their respective district, the best shop in the city gets a chance to sell their products pan India. Customer from all India can buy products from best shop of another city with the help of one month subscription/premium. Scaling is not an big issue we have planned to go international. Pricing is also a not that big problem we only target the one who can pay for it. We provide all product which india1, 2,3 needs in their reasonable prices. There are no big players in this segment, there are small players with different routes and thats not a big deal we will acquire them in future Yes people want fast and cheap convenience and we provide the same. We have made some strategies to enter the market and start scaling.
Actually nowadays according to the demand of consumers they are also concerned with their health n fitness and skincare so u can just look into this field also. Make a app which provides the consumers their need according to their lifestyle,routines. Provide a tutor who helps the consumers about their diets, what exercise should they do? How can they work efficiently with sparing little time on this self devlopment .@Synkreta
Sure we are totally focused on this as of now and later on maybe we will also expand to this sectors. We have already planned the vision for synkreta in coming 15years.
Local vendors and retailers might have razor thin profits, have you calculated your financials properly
Yes and there is still proper market research remaining and will be done soon. believe me even local vendors have profit doing this.
Share your opinion about my logo/idea. Thank you🙌
What about swiggy minis ?
They are focused on building platform like shopify, we have huge planes and fully focused on another direction.
Sounds interesting !!
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