Post on Medial

Not all problems need solution. Firstly tell me what's the source of this info. Second, RESEARCH why amazon, and quick Commerce company aren't setting their warehouse or dark store their. . Their, do the economics, will it be economically feasible to lauch the store with city with so less population

That’s cool! But is it economically feasible for all companies? I mean becoming as big as big Amazon and meesho is costly

The overall e-commerce market in India is estimated to be around $50 billion in 2022, with the potential to reach $150 billion by 2026, according to various industry reports. The tier 2 and tier 3 markets are expected to contribute significantly to this growth, with their share in the overall e-commerce market projected to increase from around 30% in 2019 to around 60% by 2026. According to a report by RedSeer Consulting, the online retail market in tier 2 and tier 3 cities is expected to grow at a compound annual growth rate (CAGR) of 49% between 2019 and 2025, reaching $59 billion in value by 2025. In my opinion if you able to solve this problem and able to achieve brand awareness, customers etc . You are going to get see growth exponentially within just few years. This is very hard to figure out all of that I'm sure you have a good team who is gonna help you. I also like this idea because you can do soo many things after you able to generate stable revenue from core problem ..

According to a report by Unicommerce, the cart abandonment rate in tier 2 and tier 3 cities is around 60%, significantly higher than tier 1 cities, with delivery time being one of the major reasons. quicker delivery services and customizing product offerings based on demand (value-for-money or premium), you can potentially tap into the next wave of e-commerce buyers from tier 2 cities, as growth in tier 1 cities is stagnating. Establishing a logistics and supply chain network in tier 2 cities is hard. Building brand awareness and customer trust in new markets is also hard to do . Competing with established players who may already have a presence in these markets is another pressure. Managing operational costs and achieving profitability in new markets also difficult.

This will be the opportunity to develop this problem and work on it