Back to feeds

Aman Verma

Stealth • 5m

A friend from Hyderabad recently pitched me his idea: An online grocery store connecting local shops to customers. Sound familiar? (Looking like Blinkit , Zepto, Swiggy Mart) I asked him the tough questions: - Can you compete on pricing? - What about marketing muscle? - Do you have the funding to go toe-to-toe? - How will your service stand out? His hesitation said a lot. So, I shared a different perspective (as per me) 1. Look out of the big cities. Tier 3 cities are hungry for innovation. 2. Profitability first. Don't burn cash chasing unicorn dreams. And Also I suggest a idea Build a logistics platform to Connect local businesses directly to consumers and provide them intercity delivery, not just another Copied app. Some takeaway for you? - Avoid crowded markets unless you've got a killer edge. - Find the underserved niches begging for solutions. - Make money from day one. Novel concept, right? - Set practical goals. Rome wasn't built in a day (or on VC money).

10 replies14 likes
3
Replies (10)

More like this

Recommendations from Medial

Anonymous
Image Description
Image Description

I don’t think the bigger cities in India will survive for long without a major change in infra or without building newer cities for growth. The condition of most top tier cities is getting worse day by day. People need to start moving to other cities

See More
41 replies33 likes
6
Image Description
Image Description

SHIV DIXIT

Stealth • 8m

Zomato blocked his payment account and this guy begging infront of everyone in Delhi roads. he saved money for his sister weeding on Zomato app and now he don't have money to go his village. Is this Marketing move or reality ?

14 replies33 likes
Image Description
Image Description

Giggity

Stealth • 8m

Tells people to work 12 hours a day and gives away hard earned money to his family do you wanna work 12 hours a day for Murthy ?

7 replies15 likes
Image Description
Image Description

Casual Hustler

Stealth • 9m

Guys, I have always been a crazy fan of muscle cars. And it's underwhelming to see so few (almost none) options available in India. I want to start a muscle car brand, something that looks and feels totally different to the kind of cars available in

See More
2 replies9 likes
Anonymous
Image Description

A local businessman in Constantinople in 1920. He carried chairs on his back and rented them to tired tourists for 10 cents.

1 replies6 likes
Image Description
Image Description

Arcane

Stealth • 2m

Steve Jobs's resignation letter to Apple On August 24, 2011, Jobs announced his resignation as Apple’s CEO, writing to the board, “I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I

See More
5 replies2 likes
Anonymous
Image Description
Image Description

Idea for intracity commute: Travel from the suburbs to the central part of Indian cities always is a challenge. With taxis being exorbitantly expensive and autos also expensive. And the buses in Indian cities can really take long hours. Similar to i

See More
2 replies6 likes
Anonymous
Image Description
Image Description

Why is nobody talling about intercity Transportation. Because whether you believe it or not every single thing is connected to people travelling from one place to another and dont want to give more than 1000 INR. There should be a way that we match

See More
3 replies2 likes
Image Description
Image Description

Mayank Rajput

Stealth • 3m

How to automate a local retail shop ???

4 replies7 likes
Image Description
Image Description

lalit jaiswal

Stealth • 25d

I wanted to develop a game of car racing using a gps for local roads and competition local player

7 replies4 likes
1

Download the medial app to read full posts, comements and news.