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Varun Bhatia
•

My Student Club • 5m

Quick Commerce will end the Dmart and Modern Trade. I had an opportunity to listen to CA Rahul Bothra, CFO of Swiggy on how the Quick Commerce works and how fast it's scaling at the National Startup Sphere in Bengaluru. Few Interesting highlights from the session 1) Able to deliver Groceries in 10 mins 🚀 as they have Dark stores located across the cities so that they have to serve only a 2 km radius. So whenever the order is placed - Within max 4-5 mins the order is even packed as the staff at the Dark stores directly get a code for a particular product you have ordered which is their line/rack number so they don't have to keep finding which product you have ordered and where it is, they just see the rack number and then pack that product saving a lot of time 🕜, also at the same time the delivery partner is mapped. - Now once the delivery partner reaches the Dark store, he is able to reach your location in the next 5-6 mins as the max distance is 2 kms🏍️,

2 replies12 likes

Replies (2)

Varun Bhatia
•

My Student Club • 5m

2/3 And thus by developing such a strong tech and backend these Quick Commerce companies are able to deliver in 10 mins ⌛ 2) Quick Commerce started to meet the daily urgent grocery needs of the consumers and even they didn't think that the consumers behaviour will shift so quickly that now they have to keep even bulk packing of many products as people have started ordering bulk requirements too through Quick Commerce due to convenience it offers even when they don't give any big discounts. 3) Now they are not only limited to groceries but as per their searches, consumers need bedsheets, mobiles and what not in 10 mins📱, which they didn't even think would ever happen. But now they have started offering electronics and other home products too offering around 10,000+ SKUs through a single dark store which a General Trade shop can't even imagine of to have such a wide range of SKUs. Continued in 3rd part.

1 replies2 likes

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