Is it a good idea to start something around ecommerce when other ecommerce companies like flip kart, amazon myntra etc are not profitable... Will it get any funding if we start something now like a very unique discovery based ecommerce app.
Anonymous 3
Hey I am on Medial • 11m
Too cluttered. Less chances of success unless you find a differentiator.
0 replies
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MK
Hey I am on Medial • 2m
If you are building a lifestyle brand,
Never introduce more and more products unless you find a product-market fit.
Also, if the positioning is premium, you need to have gross margins of 70%+.
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Hathoda Tyagi
Hmm. • 4m
So according to Blume Venture guy, 100% chances of success if founder is from IIT/IIM/BITS/ISB.
They have burning passion.
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Sahil Shaikh
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In India ,database of patient information will help in accurate diagnosis , efficient treatment , better prognosis ,less chances of error and even predicting the future Healthcare issues .
starting a company who does this will be medical unicorn 🦄.
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Yashvant Lad
Trader, business man • 3m
• Resell textbooks
Although selling your own textbooks is a great place to start, that's not your only option.
At the end of the semester, offer to buy your classmates' second-hand textbooks. Chances are they'll accept a fairly low price as it save