🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Anonymous

Hey I am on Medial • 1y

How important is a problem statement? If you can deliver a better product than the competition ,if it's quicker delivery or cheaper prices. Will it be a issue if there is not a huge problem? For example in the fashion industry if delivery speed is not a real issue could you still build a business out of getting faster delivery?

3 Replies

Replies (3)

Anonymous 3

Hey I am on Medial • 1y

The real question is: Is the improvement significant enough to drive customer acquisition and retention? If faster delivery in fashion can give you a competitive edge and keep customers coming back, it could be a solid business model. Just be prepared to defend your moat when competitors inevitably try to catch up.

Anonymous 2

Hey I am on Medial • 1y

In your fashion delivery case, you could potentially create a "problem" by highlighting the frustration of waiting for clothes to arrive. "Why wait a week when you could have it tomorrow?" It's all about perception and positioning.

Anonymous 1

Hey I am on Medial • 1y

Problem statements are crucial, but they don't always have to be about solving massive issues. In your fashion delivery example, even if speed isn't a "huge" problem, it can still be a differentiator. Look at Amazon Prime - they turned 2-day shipping into a standard when most people were fine with longer waits. It's about creating value, even if it's solving a "nice to have" problem rather than a "need to have" one. That said, the smaller the problem, the harder you'll have to work on your marketing and positioning. You'll need to convince people that faster delivery is something they want, even if they didn't realize it before.

Recommendations from Medial

Anonymous

Hey I am on Medial • 1y

Q-commerce is slowly taking shares from all parts E-commerce in india expanding beyond simple grocerys,into toys ,essentials and other FMCG departments.So why not try to implement it in Fast fashion,with fast fashion where AOV is already higher than

11 Replies

AjayEdupuganti

I like software and ... • 1y

@delhivery @BlueDart_ @EcomExpress_Ofc @DTDCIndia If e-commerce delivery companies offered in-person KYC verification for banks, it could simplify life for customers and speed up bank onboarding. This could be cheaper, more efficient, and faster too

6 Replies

Abhinab Pattjoshi

UX without users is ... • 4m

Why does UX matter? It's not about a pretty screen, but to have a purpose behind it. Disclaimer: This is not based on any specific problem statement; there might be space to grow.

1 Reply

gray man

I'm just a normal gu... • 9m

Swiggy Invests ₹1,000 Crore in Scootsy Logistics for Faster Deliveries 🚚💸 Swiggy is set to invest ₹1,000 crore (~$117M) in Scootsy Logistics to expand operations and improve delivery speed. Approved on Feb 21, 2025, through a rights issue, shares

1 Reply

Account Deleted

Hey I am on Medial • 5m

What if fashion delivered faster than food? That’s exactly what Newme is doing — quietly rewriting the rules of fast fashion in India with a delivery speed that turns heads. Launched in 2022, Newme isn’t just another Gen Z fashion brand — it’s buil

1 Reply

Sourav Mishra
•

Codestam Technologies • 7m

You don’t have a competition problem. You have a hesitation problem. The fastest win. Not the smartest. Not the most experienced. Not the nicest portfolio. The ones who move. Test. Fail. Pivot. Repeat. While you’re still deciding on your domain na

Kunal Sharma

Building the Future ... • 2m

I have done registeration in sih , bcz my professor told me I should , but am not getting any attractive statement or so , can someone help me , with any idea or problem statement

2 Replies

Shashwat Srivastava

Be free! • 1y

What Problems do you guys face in use of internet on a day to day basis? This statement is to find out if there is a problem that actually hasn't been solved and we could technically build a product around it!

9 Replies