Retail as a Service: A New Paradigm in Retail
Chairman-JITO-COE, TedX Speaker, Ex-Coke, Ex-Oracle & Ex-Snapdeal. He is a Community Commerce (farm2fork) Enthusiast.
Brand Store – great location
Monthly turnover – 15-20 lakh
Rev per Sq ft/month – INR 1000
Dark Store – near customer location
Monthly turnover – 100-120 lakh
Rev per Sq ft /month – 5000
Kirana Store – near customer base
Enabled with Ai & digital ordering
Use Peddle Plus – zero commission , zero listing fees, zero stock out , increase target brand spend in the local community , plug n play with last minute delivery system , postman model.
Monthly revenue – 1 crore
Size – 1000 Sq ft
Rev per Sq ft – 10000
Kirana stores can be linked to modern trade with plug n play , virtual inventory , cash n carry merged with D2C and Fintech.Dunzo Zepto Blinkit
Recover extra cost on #Communitycommerce from smart sourcing using sourcing as a service model where service providers can finance the purchase as well . OfBusiness
This is the RaaS model, Retail as a service , where no one is burning , where the consumer is getting fixed price , no discount store , no increased MRPs, no odd grammage, no brand surrogation (inspired packaging), best pricing.
11 million kirana stores can help in brewing the consumption story in Amrut kal where aspirational Indians are going to increase spend in double digit growth.
Private farm labels coexist with leading brands , perishable or non perishable , service providers are startups who can handle volume and expand their business also sustainably. It’s an intrapreneur network model of 21st century as coined by Professor Deepak Jain (ex Harvard & Kellogg’s)
retail is always revolutionary…
Agri-food-fmcg is exciting always
Cooperative – corporation partnerships are built to last
Massive play of capital investment with best returns and best ROI is possible by merging Ai + retail + consumer focus model.
Retailing is not real estate.
Retailing is real estate.