Corner Office Conversation
by The Economic Times
Latest Business Ideas
General Merchandise Quick Commerce Platform
This idea involves creating a quick commerce platform that specializes in delivering general merchandise items quickly to consumers' doorsteps. By leveraging the demand for items like toys, seasonal products, and everyday essentials, this platform can fill a gap in the market for consumers who prefer convenience and speed. Entrepreneurs can implement this by sourcing a wide range of products, from household items to festival-related merchandise, and partnering with local delivery services. The platform could utilize a subscription model for frequent buyers or on-demand delivery options for one-time purchases. Target audiences include busy families, young professionals, and individuals looking for quick solutions for urgent needs.
From: Corner Office Conversation with Vipul Parekh, Co - Founder of BigBasket
Dark Store Management Software
This business idea focuses on developing a software platform designed to manage the operations of dark stores, ensuring streamlined inventory management, compliance with hygiene standards, and operational efficiency. The software can integrate features for stock tracking, expiry management, and real-time auditing processes. Entrepreneurs can target quick commerce businesses and grocery delivery services as primary users of this platform. By automating processes and ensuring compliance, companies can reduce waste and improve service quality, addressing consumer concerns effectively. This business can be implemented with a medium level of technical expertise and can start generating revenue through subscription models or licensing agreements with dark store operators.
From: Corner Office Conversation with Vipul Parekh, Co - Founder of BigBasket
10-Minute Food Delivery Dark Store Network
The concept revolves around establishing a network of dark stores that not only serve as storage facilities for quick commerce but also contain kitchens for 10-minute food delivery. This model capitalizes on the growing demand for fast food delivery, leveraging the operational efficiencies of dark stores. Entrepreneurs can implement this by partnering with local food brands or franchises to set up mini-kitchens within dark stores. This approach addresses the growing consumer demand for speed without sacrificing quality, as orders can be prepared fresh on-site. The target audience includes busy urban professionals and families seeking quick meal solutions. This model can scale by adding more dark stores in high-demand areas, potentially leading to high revenue with careful operational management.
From: Corner Office Conversation with Vipul Parekh, Co - Founder of BigBasket
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Corner Office Conversation with Vipul Parekh, Co - Founder of BigBasket
Host: Ratna Bhushan
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