Team-BHP > Shifting gears
Register New Topics New Posts Top Thanked Team-BHP FAQ


Reply
  Search this Thread
20,945 views
Old 21st July 2020, 06:22   #31
BHPian
 
Abbas's Avatar
 
Join Date: Jan 2009
Location: Visakhapatnam
Posts: 465
Thanked: 544 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

Quote:
Originally Posted by Amsdoc View Post
What a brilliant story! Kudos, Abbas and super well done. As Winston Churchill (absolute git from our point of view, but orator of splendid speeches) once said "Never let a good crisis go to waste", you have really stepped up in this one.
May I suggest that you keep updating the original post as it become difficult to scroll through pages for updates.
Thanks a ton. Noted on the thread updation part.

Quote:
Originally Posted by AZT View Post
Great work, you guys source from the Kirana shops so that's even better. Wish you and team the best Abbas.
Thanks. We sometimes Google for a Kirana store near the address of the customer and send him payments directly and ask the store to deliver.

Quote:
Originally Posted by alikidwhy View Post
Congratulations on your venture first of all Abbas.

Noob question but would you mind telling me how you ship packages? I mean the delivery packaging and Label?

I have started an e-commerce business as well and am figuring out the labelling process.
In E-commerce shipping has become very standard. Almost all of them follow the same pattern. Find a delivery partner convenient to you, schedule a pickup, print label and stick it to your package and its done. We use multiple services like shadowfax, dehlivery, expressbess, bluedart. Depends upon who is serviceable for a perticular pincode.

Last edited by Gannu_1 : 21st July 2020 at 08:07. Reason: Removed the unwanted bits. Please refrain from discussing about your portal's name directly or indirectly. Thanks.
Abbas is offline   (2) Thanks
Old 21st July 2020, 06:55   #32
BHPian
 
Dr.Vikas's Avatar
 
Join Date: Dec 2010
Location: Sangli
Posts: 296
Thanked: 507 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

That's really great and inspiring story, TeamAbbas.
You deserve many congratulations not only for building a business model successfully but also for utilizing the critical time when many others just stayed home in helpless manner.
And you in fact helped many others, making their life easy.
All the very best for the bright future of your venture !
Thanks for sharing,
Dr.Vikas is offline   (1) Thanks
Old 21st July 2020, 08:17   #33
BHPian
 
Flyer's Avatar
 
Join Date: Jan 2018
Location: KL 02
Posts: 557
Thanked: 1,388 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

Congrats Abbas on your venture. Hope you will be able to develop your business to higher levels and continue serving post lockdown. Best wishes to you and your team.
Flyer is offline   (1) Thanks
Old 21st July 2020, 18:41   #34
Senior - BHPian
 
maddy42's Avatar
 
Join Date: Aug 2007
Location: Coorg
Posts: 2,131
Thanked: 1,328 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

Congrats Team Abbas. You made a disruption into an opportunity.

You have the hands on experience here but some tips i learnt watching various companies grow here are some of it:
Learn and invest in your team to gain knowledge and grow your business.
Do not dilute your business as the numbers at the early stage given out may sound lucrative but could be a drop in the bucket later.
Focus on your niche skill set or product range at a early stage, more companies die due to SKU.
Keep the UI user friendly and innovative.
Focus on reducing acquisition costs of customers and focus on organic growth. The customer referall system and get your vendors to promote your platform.
Learn the various skills which have been outsourced as you may have to get them in house to reduce costs.
Engage your customer and get their feedback, iron out the issues faced by customer and employees.
Market your company well.

Good luck.
maddy42 is offline   (1) Thanks
Old 22nd July 2020, 06:29   #35
Distinguished - BHPian
 
sudev's Avatar
 
Join Date: Jan 2008
Location: Gurgaon
Posts: 3,838
Thanked: 3,179 Times

Abbas you and your team did a great job. Hope your wife is now back from out of town enforced stay. I know you are innovative and ready to face new horizons. But a word of caution.

OPPORTUNITY?
I have read all the posts/answers and suggestions with interest. Thinking about it what I felt is that core success was due to community spirit during lockdown. How can you sustain or grow this?

CUSTOMER LOYALTY?
With big boys back in fray customers abandoned you because they get better value for money. Customer loyalty is to what?

Now that you have shifted gears. You are for in for intense competition. What are going to be your core competencies?

So what is the new business model? What will it require to succeed or what will trip it?

I think back to step one needs better exploration and has possibilities of volume through community replications. May be wafer thin margin but high volumes and continuous profitability. And don't loose the best thing "NO COD" even if it means slower growth and long haul.
sudev is offline   (1) Thanks
Old 22nd July 2020, 10:59   #36
BHPian
 
Abbas's Avatar
 
Join Date: Jan 2009
Location: Visakhapatnam
Posts: 465
Thanked: 544 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

Quote:
Originally Posted by maddy42 View Post
Congrats Team Abbas. You made a disruption into an opportunity.

You have the hands on experience here but some tips i learnt watching various companies grow here are some of it:
Learn and invest in your team to gain knowledge and grow your business.
Do not dilute your business as the numbers at the early stage given out may sound lucrative but could be a drop in the bucket later.
Focus on your niche skill set or product range at a early stage, more companies die due to SKU.
Keep the UI user friendly and innovative.
Focus on reducing acquisition costs of customers and focus on organic growth. The customer referall system and get your vendors to promote your platform.
Learn the various skills which have been outsourced as you may have to get them in house to reduce costs.
Engage your customer and get their feedback, iron out the issues faced by customer and employees.
Market your company well.

Good luck.
I have taken your post as a direction. And while introspecting have realised that we are following the right path.

Quote:
Originally Posted by sudev View Post

OPPORTUNITY?
I have read all the posts/answers and suggestions with interest. Thinking about it what I felt is that core success was due to community spirit during lockdown. How can you sustain or grow this?
Exact reason we moved to Marketplace Model while still being connected mostly to community businessmans.

Quote:
Originally Posted by sudev View Post

CUSTOMER LOYALTY?
With big boys back in fray customers abandoned you because they get better value for money. Customer loyalty is to what?
This is where the fight is right now. We are asking sellers to campaign for us and ask their customers to buy from us. Some of them have come on-board to sell exclusively with us. Also, we pass on "Abandoned Checkout" info to sellers so that they could try convincing customers and make a sale. which i don`t think any other platform is providing.

Quote:
Originally Posted by sudev View Post

I think back to step one needs better exploration and has possibilities of volume through community replications. May be wafer thin margin but high volumes and continuous profitability. And don't loose the best thing "NO COD" even if it means slower growth and long haul.
Currently are focus lies on getting as many sellers on-board where sales commision is healthy. Grocery anyway now accounts for just 5 % of overall sales. Slowly we are going to phase out grocery altogether.
Abbas is offline   (1) Thanks
Old 22nd July 2020, 13:42   #37
BHPian
 
shebin's Avatar
 
Join Date: Aug 2006
Location: cochin/bangalore
Posts: 148
Thanked: 62 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

Quote:
Originally Posted by PearlJam View Post
Congratulations on the venture! Thanks for sharing.

Could you please go into the technical/software related details, the technologies used, etc. Thanks!
Congrats and all the best......
shebin is offline   (1) Thanks
Old 22nd July 2020, 17:23   #38
BANNED
 
Join Date: Oct 2019
Location: Gandhinagar
Posts: 46
Thanked: 191 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

Quote:
Originally Posted by Abbas View Post
Starting My Own (Little) Amazon !

Surat, March 24th 2020

"Screw It .... Let's do it!" - Says Richard Branson in his book titled Losing My Virginity where he writes how he started the music record sales business out of sheer necessity.


I am glad we took the plunge that night ...... "Screw it .... Let's do it"

Abbas Taskeen
Co-Founder

The Team
Attachment 2031825
Kudos to the team brother...I would love to see the expansion of the business in our area allowing us to order it on...
pd_scorpio is offline   (1) Thanks
Old 23rd July 2020, 08:25   #39
BHPian
 
Abbas's Avatar
 
Join Date: Jan 2009
Location: Visakhapatnam
Posts: 465
Thanked: 544 Times
Re: Starting my own (little) Amazon - An e-commerce marketplace

Quote:
Originally Posted by pd_scorpio View Post
Kudos to the team brother...I would love to see the expansion of the business in our area allowing us to order it on...
Thanks. With the Market Place model we are actually shipping across all pin codes. So please go ahead.
Abbas is offline   (1) Thanks
Old 28th July 2020, 04:40   #40
Distinguished - BHPian
 
sudev's Avatar
 
Join Date: Jan 2008
Location: Gurgaon
Posts: 3,838
Thanked: 3,179 Times

Online reach is tremendous yet for. Only thing that works is to get customer to come repeatedly to your site. People with very very large burn money to create customer base have found no loyalty unless there is something "special". Find that special thing.
sudev is offline  
Old 25th August 2020, 08:03   #41
Distinguished - BHPian
 
sudev's Avatar
 
Join Date: Jan 2008
Location: Gurgaon
Posts: 3,838
Thanked: 3,179 Times

An update on where have you reached would be nice at this point of time.

Our response to pandemic has gone from highest alert to that too
sudev is offline  
Reply

Most Viewed


Copyright ©2000 - 2024, Team-BHP.com
Proudly powered by E2E Networks