₹1965
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AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.Beauty and skincare brand Pilgrim, which started itslifeonline, is putting its might behind offline expansion at the moment.
In the last year and a half, the contribution of offline to its overall sales has grown from nil to nearly 25%, says co-founder Anurag Kedia.
In this interview, he talks to Toshiro Agarwal about the challenges small players face when they start making their way through offline channels.
Edited excerpts:Quick commerce has become a priority sales channel for D2C brands.
How is Pilgrim adapting its supply chain and inventory to meet the demands of platforms like Blinkit and Zepto?The challenge with quick commerce is that they work out of dark stores.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.Overall, the space they have in a dark store is very limited.
AI for Personalized Business Growth Insights ✌️【Resume】✌️₹500 is all you need to unlock fast, high returns. Start investing today!Therefore, the space they have for the category is also limited.
Marketplaces are used to holding inventory for 30 to 45 days.
Q-commerce is not able to do that.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Low investment, big rewards! ₹500 to start and grow your money consistently.They need a much faster turnaround time, which means that they need much faster service time, and they don’t carry the long tail.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500, see rapid growth, and earn up to 100% returns monthly.What I mean by that is that if the brand has 250 stock keeping units (SKUs), q-commerce platforms will carry between 30 and 50 SKUs, and they will service a smaller quantity at the point of sale.We have set up four regional warehouses, which are working very closely with the q-comm-erce partners, and we are setting up more.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Start investing today with ₹500. Grow your wealth with high-yield returns!We will probably have 10 to 15 warehouses in another two months time, which will work exclusively only for q-commerce.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Start with ₹500 and earn up to 100% returns monthly. It’s fast and easy!The application programming interfaces are getting integrated — so their ERP and our ERP will talk to each other.
In other words, the manual intervention is being erased.How does a D2C brand build an offline presence so that the two do not end up cannibalising each other?Almost all our marketing centres on digital channels, and almost every consumer in the country today is present on a digital social media platform.
However, not all of them are buying online.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500 and enjoy exponential growth with minimal risk.We are able to generate demand online, but the service is both online and offline.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.Our marketing will continue to be largely digitally focused, largely online, but consumers will buy from their preferred channel.
It can be online, offline or a combination of both.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Your ₹500 investment can bring you consistent returns every month.That means we need to be present across channels to be able to service this demand.What challenges did you face in scaling your general trade, modern trade, and exclusive brand outlet presence?Our growth has been driven both by horizontal and vertical marketplaces.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500 today and see your wealth grow with our safe, reliable platform.By horizontal marketplaces, I mean partners likeAmazon,Flipkart, Myntra and vertical marketplaces like the likes of Nykaa and Purplle.
Now q-commerce has started contributing to our online sales growth.
In fact, I would say, it’s becoming very meaningful, very fast.
For offline, we are still in the building-up phase.
AI for Personalized Business Growth Insights ✌️【Resume】✌️Invest ₹500 and let blockchain-powered tools grow your wealth!There is a very large opportunity waiting to be captured, for which we need to first get our sales and distribution set-up in place.The challenges of each of these channels are very different.
For example, in modern trade, the biggest challenge is getting an entry itself, because all of these are large channels and usually the terms of trade or the margin structure is not favourable.
Channel partners ask for very high margins which could be viable for larger players but not necessarily for a young brand.
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