“Our average transaction size is around Rs. 1,500 per order. Tier 2 and 3 cities account for more than 50% of our sales. We are seeing this number for tier 2 and 3 cities increase as more consumers go online. “
To sum it up, if you just want to find a broker, maybe you’ll be better off with bigger real estate websites (for now, until we get all brokers in Mumbai on our portal). However, if your preference is finding a flat instead of a broker, Housing will give you a plethora of ‘real’ flats (with real, verified pics and details) to choose from.
The service offers less than 5 second response time, defined IT enabled process to handle different queries, real time resolution, email support for customized responses including complaint redressal to resolve customer complaint and structured processes ensuring continuous customer engagement.
The company has already signed deals with more than 10 e-tailers including DoneByNone, YouShine, YepMe and several others to handle their logistics.
Much of my initial efforts were towards building an analytics venture, which went no where and in the meanwhile, the rental business kept doing better and better. After an initial hesitation, I simply turned the rental venture into a full fledged business.
Organizations and businesses today live and breathe data. Data is being used for a variety of different purposes such as understanding and predicting, user traffic and trends, improve supply chain…
“The capability of logistics providers in India is at best 40 % upto the global standards. Unlike India, US and Western Europe saw a mail order revolution for 30 years before ecommerce came into being,”
Uniware pricing model works on order basis and it charges anywhere between INR 2 to 6 on every processed order and it can be deployed within 5-8 days time frame. : “We started reaching out to clients in May’ 2012 and are already working with some of biggest names in ecommerce like Snapdeal, Jabong.”
Focus on getting started. Then build some and ship some. Take feedback and iterate. Keep iterating. See if you like doing this. If you really like what you are doing, you will by this time realize that fund raising is just incidental
The biggest mistake any uninformed entrepreneur could make is the negligence of contributions like payment gateway cost, packaging cost, shipping and handling cost and effective cataloging cost of articles to the overall margin.