I can never think of any practical scenario where zepto, blinkit and instamart can become a profitable business model. I am just unaware and figuring out the tactics of their investors. How do they believe in such businesses? Why do they invest?
Original Price of Tomato - 50 /KG Zepto Price - 90 / KG Platform Fee - 10 Rs People Buying even after knowing this as they are paying for product+comfort Hope it will clear your doubt
I see people mostly buy grocery items from quick commerce. Not vegetables, fruits.
Platforme fee, delivery fee.
Selling price - 310 - includes 10 platform fee Delivery - free Cost - 240
Revenue - 60
Huge fixed costs of dark stores, salaries and driver’s incentive. Is 60 enough?
Lets include delivery fee - 30, is 90 enough to survive all sort of costs?
It’s like saying walmart, target can’t get profitable in US
Zepto stated that 70% of existing dark stores are EBITDA positive. Hence the trust of investors to pump more money and scale it. People ready to pay for comfort, they dont run any crazy discounts also. It will scale, and will be sizeable, no doubt.
Hi folks,
I'm Aadit, Co-Founder & CEO at Zepto. We're one of India's fastest growing consumer internet companies and are today present across 10+ cities in the country.
I'd love to chat with you folks about my journey in building...
Hey @Aadit I’m @salt Some questions from my side: 1. As companies scale there are many diverging opinions...
While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this
Profits aren't coming, money is flowing Don't know what the VCs are seeking? Why bake a a pie that you can't eat later?
Silent founders operating from GCC 😊
