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kamal p

Tech-enthusiast • 1y

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

Deepasnhu Chail

Mastering the Game o... • 1y

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 ..

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