Why Flipkart Can't Copy Zepto: Co-founder Reveals Secrets
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- čas přidán 27. 09. 2023
- Watch the full episode - • Ep #10 | WTF is the Ne...
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Nikhil Kamath - Co-founder of Zerodha, True Beacon and Gruhas
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#nikhilkamath #WTFiswithNikhilKamath #trends #youth #entrepreneur #entrepreneurship #consumption #ecommerce #groceries #zepto #marketing #socialmedia #influencer #millennials #genZ
There's something about Quick Commerce and the small token size that quite doesn't sit right. Either the brands have to raise the retailer margins significantly so that QCs have room or that the deliveries become ultra efficient and cheap. Ideally, both will be needed.
Why Tara is there 😂😂😂😂
Because it tends to attract attention.
I am really happy to see that.. two girls are doing roles exactly similar to Bollywood actresses. Just to be in the film.
navyas family is crazy rich bro she will marry someone handsome ofc and tara maybe a bit gold digger
this is a clip , watch full episode, both girls have significant screen time
@@studyAt6 yea but honestly, they didn't have anything interesting to say
@@Brodragon2225 so what brother she also wants a luxurious life unlike the other girl she doesn't born with silver spoon ...nothing for nanda also
😂😂
Bringing companies/startups that are actually serious and focused on profitability would be nice to watch and learn from.
True. Quick commerce appears to be a bubble
if there are any (that started less than 5 years ago) 😂
bro you can just try to make it if it is a joke and i can understand your point that the investors sitting with wharton/Harvard/insead employees dont understand business.
But then, there aren’t startups in India that are run with discipline and built for sustainable growth.
I liked how he said don't give it away and gave the generic answers and didn't really gave it away.
That was cold..!!!
Which part was that
@shrisaran7911 around 4.40
From Developer point of view
1. Should add Dark Mode .....Please
2. Add Short widgets at Main page & Cart Page rather than adding Plain Images
3. Simple SVG Animations would help a lott for good UI
4. Locations are kind off wrong ....i felt
5. Monthly Products should be introduced for Users - like a pouch of products orders by many households based on area they live... on monthly basis
6. Timming Orders can be good Like send orders at : date and time -pre book kind off -- to reduce the working load -
example send so and so orders at night - 9pm - then would lead to less charges ...
Brother, loved the dedication 😂
Last recommendation is basically big basket. Have you used that?
Bring some generic industry experts also for such round table discussion really would be great to hear from them and there thoughts
Please try to bring someone from amul and balaji would love to hear their conversations
overthinking at its best ! What problem is Zepto's USP ? Time and convenience. Can it be copied? yes , if provided deep discounts you can sway Customer loyalty in India
Generic Answers - "Growing Faster". India market is different than US. Grocery delivery is something that will take a huge time for success. Most people still like to go to kirana store and buy stuff.. Getting funding does not necessarily will give you a guarantee that it will succeed. Economics do not make sense, for example someone even bought 500 inr worth groceries you will get merely 10 to 30 inr profit or maybe no profit. In India there is MRP concept, IN USA there is no MRP written on Packages so pricing can be set dynamically giving them an edge. If they launch overseas then I could see it succeed, and overseas people are ready to pay more for a product
Yaar zepto wale ki baat sunkar samajh aaya ki mujhe bhi dandha kar sakta hein, lekin shashi tharoor wale english pata hona chahiye bas.😂😂😂
Dude speak as much you can that's gonna make u more elegant in such langauge
Just look at the CEO of we work you just know how to twist words and manipulate them
😀😀 No bro its not easy to generate revenue worth 2k crores.
Bro he is Stanford Dropout 😅
Wow amazing! Liked the way conversation goes! No drama 🎭 ❤
@nikhilkamath GE didn't`t create six sigma. In 1986, Bill Smith and Mikel Harry, two engineers at Motorola were accredited to having developed “Six Sigma”, and in 1995, Jack Welch made it the central business strategy of General Electric.
They are thinking about the Lean or the Lean Six Sigma method of Toyota coined by Krafcik. 😅
The question always is, why isnt someone else doing this.
Loved the zepto brothers... they are talking big words that make no sense have no insight and I am sure they will thrive because venture capitalist uncles love to hear these big words
Correct like six sigma stuff, I am sure he doesn't have any depth on it, was just saying to look cool.
@@Anonymous-ho1mt Agree fully. You can feel the haughtiness.
😂😂😂😂😂😂🎉🎉🎉😂😂😂😂😂😂
So you have all the answers billionaire ji?
Great Content!! BTW it was Motorola who came up with Six Sigma. GE adopted the methodology.
Zepto is undoubtedly a non profit making entity. It may venture into something else later to be profitable. However this current structure of superfast delivery isn't going to make good profit.
The number of bikes in front of Zepto stores which is right opposite my house have reduced by a factor of 5 atleast. The riders were a nuisance but thank god that’s reduced after they increased prices of vegetables. I feel a lot of startup founders misrepresent facts. See what happened to Pharmeasy.
Hey Nikihil , You should have asked them when Zepto will start delivering the goods with drones!!!
Answer samajh mei nhi aaya
Nikhil can you bring some.. Fashion retail expert and talk about their economics
even amazon ceo also told fastest deliverey is the next big thing
Amazon has fresh now, similar to big basket/ milk basket
i don't think quick commerce is not a market for world. Jio mart doing because they serving more region but 1 day delivery. they are doing well.
fascinating conversation
Sorry to say but Zepto promotors themselves don't know, what's there business model, it's a delivery in 15 minutes, when consumer need things faster quicker.
Flipkart is not competition exactly, if they can give better price with faster delivery business model and still profitable, then sale can increase.
nice observation
Consumption is down because there is unemployment and corporates does not pay good enough salaries to the lower level employees. The economy is not providing good paying jobs to the majority of graduates in India.
"A good high quality service at a budget cost" is achievable only when you treat your employees like shit and that's what food aggregators, new logistics start ups etc are doing, they only focus on customer satisfaction,investors and stake holders satisfaction, India is abundant in population and getting cheap labour is not difficult and these start ups foundations are based on this. Amazon was the first to build this model, in fact Amazon was built keeping customer satisfaction on top of the chart which is good, but treat your low level employees well.
gods work ,so much to learn
Wow, Zepto has no business value at all. A simple street end Kirana shop will solve it. Wondering the thinking aspect of VC's when they invest in PPT's like this.
Will the kirana guy come to your house when you are showering for office and keep the package on your door ?
Will the kirana guy deliver the food at night to woman who can't go outside due to restrictions in pg?
Will the kirana guy do a 15 minute delivery in less than the delivery fee of zepto also having the convenience of customer support on chat whenever there is any dispute?
That's the quick commerce play. Don't you wish whenever you browse Amazon that it could just come in a minute to your home ? Zepto does that with Grocery, expanding to more categories.
That's the value that zepto offers and thats why they are growing , cuz people have busy lives and some are lazy.
Out of the 2 co-founders, the guy in white absolutely doesn't know what he's talking about. He is just giving the most generic ans to actually very interesting qs. That's what happens when ur dad is the one running the shop and u are happy to have a name title.
He is just the face, just like disha patani is for Kelvin Klein 😂
Why are we ignoring the unit economics? Why glorify those start-ups that just burn VC funding?
Are any of the new start-ups Zerodha-like ?
Name of the game valuation, valuation and valuation.
But source of the word is value which is the least understood word.
Dryfruits in packaging now we have hapilo
Nikhil make Podcast Sweet & Short. Direct to the Point. Everyone doesn't have time to go through long hour spending on Podcasts.🙁🤔
Apart from a ego-driven and self-obsessed guy like Ashneer grover who always brag about HOW he created a Unicron of this and that and make others under him. These are real entrepreneurs, knowing about their creations. Legit talks no bullshit
not saying that ashneer grover is a saint either but these two arent any humble either. if u haven't watched the clip where Mr. Kamath gives them advices, you should... and you'll know what I'm on about. Also unlike them Ashneer Grover wasn't from a rich family.
Why do middle class people always expect everyone to be humble. Being humble is weak no rich person believe in that middle class shit. Get over ur normalcy bubble
Nikhil bhaiyya you r my bro
Where is the guy pulling these numbers from?
Flipkart is now venturing into quick commerce.
The biggest problem with this generation entrepreneurs is that they believe that the giants won't do it. 😂
There are lots of dry fruit brand there like happilo
Wat makes the different is I guess they being young ready to take decesions really fast and ready to take risks and in other companies it usually take 6 month and so many discussions to take any decesions
Amazon is not doing quick commerce because they are waiting for who survives and just buying that company rather than going through the process.
You know you know you know!!!
I'm not able to "Sit tight" anymore. Please start the service at Banashankari
Tara has no idea.she will be wise when she walks out of this room😂
Tough biz to make money
Arshirwaad is lower price?
Tara is looking so adorable.
Any new age start ups create a whole lot of knock on effects positively for the start up eco system. But only those start ups which solve an actual problem sustain themselves in the market and get profitable. I’m sorry to say this., But quick commerce isn’t an actual problem that neeeds solved and hence I don’t see Zepto scaling up with their current business model. They will either pivot or perish.
Don't be like Toyota. They are being caught cheating terribly on their products.
i just wanted to know why tanya was in the podcast? I watched the full video and found little to no reference to tanya. The whole Bollywood angle could easily have been understood by Navya. I don't know, is it because tanya is dating one of the Kamaths?
Bro 1 question what the f these girls are doing there? 😂
Bilkul bacho Wale answers diye h zepto founders ne
Putting a company in market which has market cap of 1.1 billion is not an game of small unsound minds
Bina VC funding ke 7-8 quarters nikalo .. and try growing. Fir baat karte hai.. dudes have raised truckloads of money from foolish investors whose only aim is to pass on the buck to the next fool in waiting.
I am still scrolling through the comments to understand what the two girls are there for.
In the beginning of it - Nikhil be like "I will not be asking questions.....Its a conversation" and then few minutes into the conversation he keeps interrupting the person who is talking at almost every wtfing second
All is good but why these bollywood star kids are here? How can they talk about such topics? They don't know the ground, do they?
Why are traders who are already millionaire are creating youtube podcast channels .
Please react on this comment
Who uses Zepto…these chaps barely own 1% each and the rest is all fkin VC money..and they are really so much deluded ,caught up by the vanity metrics associated with running a startup in india .
zepto brothers own 25 percent lmao
More on this man!! Explain this whole startup vc money ecosystem ?
Zepto doesn't even have a live tracking, nd we r taking about experience 😀 ( maybe now it has it idk not using zepto anymore)
It makes no sense to have live tracking for 5_10 mins
Nikhil u r unnecessary breaking ur head, they have little knowledge. Zepto is sinking ship.
I have a similar opinion
Very true. It's not gonna sustain in Indian market
This exact notion will keep other players out of the park and through their discipline, they'll build it even bigger. Thier edge lies in the optimised execution.
Who is the hottie in the panel?
Here's the thing let's say it's a sinking ship.
Even then being a 21year old raising that kind of money and making it a unicorn that talks something
Bro what's happening @ 2:16?😢😂
Nothing happened what did u see
Yes, there's been a slowdown in consumption, especially in discretionary categories but I believe this slowdown isn't primarily due to inflation but largely due to the following factors:
People have made substantial investments in real estate and automobiles.
Real estate prices have nearly doubled, yet house sales remain at an all-time high.
Automobile prices have also almost doubled, but car sales continue to be at an all-time high.
A common aspect across these high-value purchases is the utilization of loans. Discretionary expenditures now often take the form of EMIs.
I somehow think Tara sutariya is into Aadith 😂
Zepto has superb UI but it is sinking...and it should sink...
This zepto founder thinks he’s cracked some algorithm to a parallel universe and started something new there’s confidence and arrogance
Starting zepto where you copy your models based off the existing models and thinking you’re doing something different.This generation is the softest 😪😪😪
Come to goa just with camera wil hold disaster podcast
Most useless podcast episode ever
I use zepto and I love it
Zepto is not in bihar so sad
Dobega bhai zepto
Hindi mai bhi bnaye video
2 bandariya kya kar rahi hai hya pe 🤷
How lazy are these people cant even go to market buy the market stuff.
You go to Street shop/ market?!! How lazy are you that you can't grow or produce or hunt the things/animals you need on your own?
#backwardthoughtsreflection
English me kuch bhi bolo cool lagta h😅
What a bunch a jokers. Feel sad for Kamath
😢 adopt me 😢
That's so stupid
First earn cash profits consistently and then talk about all this... these are big pocketed kids who act like they are very smart but they are not. Time will tell.
Easy to talk big as you burn investor's money. Comparing themselves with Toyota 🤦♂️. But I understand. I would've been this arrogant at this age if I had a unicorn.
I have a prophecy here...this Zepto is going to fail unless pivoted...esp tgat white shirt fellow is all talk no stuff..just puff..
Ye bc ne six Sigma pda b hai
Bhai hindi ma karwa do...
Enki English nahi samaj a rahi...
Except yours .
( you speak slow and clearly)
he doesn't need to fake it like the rest
That hypocrite face !!!!!! @ Kamath
All are Indians and know Hindi but still talking in English 😂