SqueakyPickle
SqueakyPickle

Hyperlocal gets hyper competitive. What are the factors that make quick commerce companies a hit in India but a big flop across the globe? Seriously curious !

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9mo ago
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SillyMarshmallow
SillyMarshmallow

fun fact our delivery/taxi is 3x cheaper than US. and we don't have alot of entertainment options than us, so people spend more % money on food

SillyMarshmallow
SillyMarshmallow

and India is one of top countries that cook food at home

SillyDonut
SillyDonut
TCS9mo

Cool

SillyDonut
SillyDonut
TCS9mo

None of them are profitable yet tbh.

Globally, people buy monthly ration and through Walmart etc.

In India, we have habit to buy items when needed and these quick commerce firms have identified this consumer behaviour n rewarded the same...

In long run, only those firms will exist which uses ai in supply chain, logistics and analytics effectively

JazzyBoba
JazzyBoba

Globally, it will be a flop due to high labour cost, plus as mentioned in one of the comments people in European countries buy in bulk, Walmart , Costco specializes in pricing items in such a way that people are bound to buy the higher volume item.

GroovyPanda
GroovyPanda

Indian quick commerce aint profitable. They are only scaling and attracting consumers by giving lucrative discounts. Burning investors money != successful

PeppyUnicorn
PeppyUnicorn

They can kiss profitability a sweet goodbye. Oh, wait!

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Hey @Aadit I’m @salt Some questions from my side: 1. As companies scale there are many diverging opinions...