Back

Anonymous

Hey I am on Medial • 7m

A Fast Fashion platform where you Buy New Clothes Use upto 30 days & Return to company and 90% Get money return Ex - Shirt - Rs1000 buy use upto 30 days Return and Get Rs900 Back to Wallet - money 100% use in next order

Havish Gupta

Figuring Out • 7m

that's basically a cloth renting company. isn't it?

PRATHAM
•

Medial • 7m

shittest business model tbh especially in low AOV products. I had that idea 2 years ago.

Havish Gupta

Figuring Out • 7m

Well actually that may work well after solving few issues. check this shark tank episode. nice dp btw 😁

PRATHAM
•

Medial • 7m

I still stand by my opinion tho.

Havish Gupta

Figuring Out • 7m

ooh ok.. Any specific reasons? just curious.

PRATHAM
•

Medial • 7m

yep because as a consumer you will never get the authentic feel or wearing clothes when it's rented. and who TF expend >1500 on a cloth which you are going to rent for a day. as business, damages, fading, SKUs, Dead stock , trend, etc are another concern.

1 replies2 likes

Replies (1)

Havish Gupta

Figuring Out • 7m

Got it Still imo for a consumer, it makes total sense. You'll just have to spend few thousand for a 10k+ cloth. For a business, it's doesn't make any sense

1 replies