Amount: ~3.5 Billion USD
There are 229 million people using rickshaws daily across 30 tier 1 and 2 cities in 2008 which is expected to increase to 481 million by 2031 and that's for Tier 1 and 2 cities alone. 8 million ricksaws 2.4 of which are electric.
I have an idea of a grocery delivery service for tier 2, tier 3 cities. We know that tier 1 cities Big basket is dominating but in tier 2, tier 3 cities there is no big player, there is a market for value concious customers, we can create an online D
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9 replies3 likes
Sidharth Bidikar
Stealth • 7m
As living expenses in Tier 1 cities soar, companies will eventually shift to Tier 2 cities, enabling them to hire talent with lower investment. #Business #Talent #CostEfficiency #startups #india
4 replies10 likes
Uttkarsh Singh
Stealth • 1m
That's why I say invest in Tier 2 and Tier 3 cities.
Problem- 60% of the carts on e-commerce websites are abandoned in tier 2 cities due to longer delivery times.
Solution- Become Amazon prime/meesho for tier 2 cities by opening a warehouse in major tier 2 cities and give faster deliveries.
Products
Do social media marketing works in tier 2-3 cities?
8 replies7 likes
Raj Bahadur
Stealth • 2m
guys what do you think there is opportunity to build q commerce platform and expanding in tier 2 and tier 3 cities same as meesho did where the flipkart and Amazon focusing on tier 1 meesho find the opportunity and grabbed the tier 2 and tier 3 city
