Quick commerce mainly serves affluent customers in specific metro areas, where people typically shop at supermarkets
Given this, does quick commerce really impact local kirana stores?
Or am i missing some consumer section?
I can think of 4 reasons why the GOV might be higher:
Impulsive buying, adding more than necessary to the cart.
To avail free delivery
High ticket items are also available on QC now
Because these are affluent buyers, they are able to pay for higher GOVs
YC-backed CrowdVolt shakes up the secondary ticket market with its bid-ask model
The current secondary ticket exchange system is fraught with several issues, such as tickets being resold at prices much higher than their face value, exorbitant fees a
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There are couple of reasons behind this like,
𝐏𝐫𝐨𝐛𝐥𝐞𝐦:
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How Indians buy is different from the West, it’s unique but also very expensive for companies
Most purchases in India 1 are done without any assistance, ideally assistance happens if the avg value of purchase increases i.e car, jewellery
95% of pu