Rise of quick commerce
Quick commerce has seen phenomenal uptake from tier 1 consumers and is definately talk of the town.
Just wondering, even though 2-3 players exist in this space would there be room for more ?
Just as if we go to a market th
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SHIV DIXIT
CHAIRMAN - BITE INDU...ย โขย 9m
There are so many Entry barrier like
Warehouse set-up
Logistics set-up
Customer data
Product like setup
Adevtsiveing
Offer
All these things need huge money with proper cash burning support from investers
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Is there anyway we can set up very small electronics(like earphones, led lights, toys, small portable fans etc) producing factory as minimal scale as possible in a tier 2 city in India?
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o, this looks really cool, right?
The Quick Commerce Boom!
- 10-minute deliveries.
- 24x growth in 3 years.
- Dark stores popping up everywhere.
But.....
This is the other side which we need to TALK!
- Returns Are Bleeding Margins
- 30-35% of fas