
The Morning Brief
Quick Commerce vs E-Commerce - The Need for Speed in Retail
Apr 3, 2024
CEO of Zepto, Aadit Palicha, discusses the rise of quick commerce challenging e-commerce giants like Amazon and Flipkart. The podcast explores strategic store adjustments, assortment management, profitability strategies, and revenue models. The episode also delves into the growth and challenges of quick commerce in India, highlighting success stories and market dynamics.
31:18
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Quick takeaways
- Quick commerce apps are expanding to offer diverse products beyond groceries, challenging traditional e-commerce giants.
- Zepto's strategy focuses on operational efficiency, profitability, and expanding product categories to meet customer demand.
Deep dives
Rise of Quick Commerce Apps: Changing Consumer Behavior
Quick commerce apps like Blinkit and Zepto have rapidly expanded not just for groceries but also diverse products like electronics and fashion. Traditional giants like Amazon and Flipkart are re-evaluating their strategies as quick commerce attracts more consumers. Research indicates that over 40% of online grocery sales come from quick commerce, with an expected rise to 50%. The customer base is growing, with males constituting 54% of users, pointing towards a significant shift in consumer shopping habits.