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Shiva Prasad

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Lognormal • 4m

Many people are thinking about creating hyperlocal quick commerce models to help local shopkeepers. But the fact is margins are very less for them and are around 6 to 25% based on products. Along with creating QCommerce if we are able to give them a minimum of 15% margins on all products, then they can continue with the QCommerce model with the delivery guys own/third-party . Even for now, If really shopkeepers want to go online, They can do it by using the ONDC service through the Phonepe Pincode App.

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