Don't Start Your Online Business Without Watching This Video : E-commerce in India

[@surajsingh-ji5cw]

Please beer biceps jaisa faltu title mat rakho your content is already good

[@prathameshsawant8419]

+1

[@Sayan_Biswas.]

It is necessary because of something called "SEO"

[@sarangbhirad]

Nothing wrong in the title.

[@ChadBrahh]

😂😂😂😂😂

[@arunkumaryajaman]

I totally agree. This is some next level discussion and it doesn't need any clickbate title.

[@priyanshuagrawal9204]

Liked the way 4 people are having a conversation, we are able to get different view points, instead of just one in a podcast

[@Pagalcoderguide]

The meesho owner is saying we had a $5B sales , if we don’t become profitable now then when will we do ? I’m a e commerce seller . I want to ask meesho how will you be profitable? By reducing Safety claims for sellers ? All will shut down meesho account just like I did few months ago . I started Online selling with Amazon , Flipkart and meesho . Now only Amazon is doing well . All other platforms I stopped . Because there is a very big problem with sellers as well as buyers . That is returns . If you don’t allow the customers for returns they will move away from your platform and if you don’t give Safety claims to the sellers for Damaged and fake returns , they will run away as well . The solution is either you do cash burn and satisfy both of them Or you solve it using tech . I never understand why the hell these platforms don’t allow the delivery boys to check the item before dispatching and before bringing the return from the customer . If you can solve this fundamental problem , Welcome you will be leading the E commerce within 1-2 years .

[@akashnawin]

Very rightly said. My mother purchased three sarees on Meesho whereas the seller has sent a chudidar instead. When we unboxed the package we even made a video of it and sent it to Meesho helpline and also the CEO. Just for one order my mother has called more than 50 times each call on an average 15 min yet no response from Meesho and CEO. I have even Whatsapp'ed the CEO yet no response. When a CEO cannot solve the issue then who can. This problem is happening very frequently on Meesho and we have stopped using it. By the way we did not get the money back although the product was taken back that too after many phone calls. I don't know why Nikhil is inviting people like Vidit who is nothing but cheating the users of Meesho.

[@bitcoin6504]

courier wala parcel pack up kr ke badle kar ke aap ko bhej ta hai ...or meesho ka koy maai baap hi nay hai plz share ceo number

[@shardulnikam9322]

Delivery boys pick up items only after they are packed. So they can’t be the one checking the quality. It must happen while packaging is being done.

[@daughterstime5974]

Sara ka, sara jolmal courierier mein hi hai. COD orders hi mostly return hote hai and RTO mein wrong products kaise aate hai vo samaj nahi aata

[@TamalTNC]

@@daughterstime5974 agar sirf courier hi chori kar raha hai, to meesho kya itna hi insignificant h ki courier ko pickup ke time pe check karne ko bhi nhi bol sakta? i was a seller in meesho. got frustrated with the wring returns and abhi to courier log hi claim handle karte hai. so wo log koi claim pass hi nhi karta h. i lost more than 5 lacs because of this. BOTTOM LINE IS, MEESHO KA BUSINESS SUSTAIN NHI KAR SAKTA. INKA TECHNOLOGY ME HI PROBLEM H. IT'S NOT THAT THEY CANNOT SOLVE THE ISSUE. IT'S JUST THAT THEY ARE NOT INTERESTED IN SOLVING.

[@mrityunjayahiremath3951]

Man, these roundtable discussions are great! Keep up the good work!

[@StillAlekh]

The only way to sustain growth in e-commerce without any funding will be increased continuous consumption by the common man. And for that to happen, the overall growth of the economy has to happen. As soon as the funding stops, all the platforms will crash down if they aren't having organic consumer base. In short, it's out of their control to shape their future. Only the government and the people in the country together can help them sustain.

[@rishabhjain31]

Now i understand why businesses fail. Look at all the consistent growth stories they have all been erstwhile brick and mortar stores who also have pivoted to online. None of them answered nikhils question about what happens when the funding stops? Exactly when u have a brand built by traditional means....the brand itself has a pull or brand recall...no need to give discount or pump in insane marketing money....these guys have no clue how to run profitable business.... except nikhil and biyani sir ofc....

[@Prashil.Aghera]

so true words

[@pajeetsingh]

Don't hook yourself in between debt finance and growth. Cash out and move out.

[@nitinsaklecha3262]

The overall timing of the kishor sir is wasted because of a big panel...he is a gient in the field...we need seperate one to one podcast..

[@cpvenkatanathanparthasarat4182]

Awesome. Example of saravana stores and tirupati was appropriate. True. Big bazaar was a trend setter. Mr. Nikhil hope you will share more such thoughts in future.

[@AB-mo8zp]

After an extent, growth comes at an extraordinary cost... Aapko malum hi nahi padega...KB sir..

[@UganWopla]

You podcast seems genuine and honest...then dont put such titles on videos

[@ankitsachdev1888]

I feel the video is biased. Mr Kishore Biyani was very rightly trying to question growth vs profitability. However, the others just intervened and changed the direction entirely

[@arsenalf.c6443]

Balako, apne dada Kishore Biyani ko bolne do. Everything he says are words of wisdom.

[@MEB_KunalArya]

It's been an education for me in such a short period of time. Thank you so much, Nikhil, for enlightening us with such a beautiful video. ❤❤❤

[@deepak_kanse]

An introduction of the guest could help general viewers.

[@sanidhyabindal845]

Do you the name of the person sitting near Nikhil?

[@deepeshdevgirikar206]

Listen to kishore sir.. he is real time data ..

[@mrgyani]

Love Biyani's clarity in most of these questions.

[@vickyg246]

One small suggestion - since your discussion largely on local business eco system, do it in hinglish. It'll help lot of people 😃

[@midshipsport]

yep

[@jayakumar9976]

It will difficult for the rest of non- Hindi speaking people.

[@vickyg246]

@@jayakumar9976 Not Hindi brother.. i am suggesting hinglish (Hindi + English)..

[@jayakumar9976]

@@vickyg246 I understand. But they will suffer drop in viewership because of adaptation of hinglish. Most people are listening these kind of long podcast while walking of doing some kind of work and they will listen to it in background. But if they adopt hinglish it will become an friction for those people.

[@maxmin1234]

There are 2 major reasons because of which e-commerce is not able to make net profit. 1) Return Rate which is very high & it is tye major portion which reduces the EBDITA 2) Bad estimation of online transacting customer. The overall base is not more than 2-3 Cr users

[@basiclife247]

hey can you please explain more about 2nd point

[@maxmin1234]

So basically what I am trying to say is that the maximum no of high paying users who buy things online are in the range of 2-3Cr only . Our GDP per capita is very low & hence the no of high paying users is very low . Unless & untill our GDP per capita increases , e-commerce won't be able to generate profits .

[@basiclife247]

@@maxmin1234 in future this number will increase ?

[@maxmin1234]

@@basiclife247 Yes it will but at what rate is questionable? Just Google how our GDP per capita has increased in last 20 years

[@basiclife247]

@@maxmin1234 so it's better to focus on us and foreign markets for dtc?

[@Spontaneous_person]

Just completed watching the video in KZbin vanced app and rushed in to comment using official KZbin channel thankyou so much for your efforts keep on uploading🎉❤❤❤

[@drperiopal1238]

I am Dr Shankar. Call a bunch of graduating students with diverse Academic grades or GPA to understand their knowledge regarding Financial planning and awareness. The graduating students should represent diverse fields like medical, dental, health sciences, B tech, arts and sciences etc. This gives the PERSPECTIVE of young students who are about to get employed regarding Financial planning and how they can contribute for Indian economy and take care of their Finances as well Mr Kamath. I strongly feel that we need to break out the mindset of young ones to develop a holistic approach towards the young ones in our society.

[@__S_J_]

Perhaps an expert who can explain the gradual seeping of commerce in social media apps would be an interesting topic of conversation.

[@meersays4810]

📣"Nikhil is so relatable; he always asks the exact questions I have in mind every single time! I’ve also started e-commerce, but without funding-managing things on my own. Staying consistent, won’t give up-will definitely win! Thanks for the knowledge, Nikhil!"

[@satishtorgal7050]

This Sujit is such a intelligent person that he wrote an article on RAMESHWARAM CAFE saying they earn 5 cr monthly from 2-3 their restaurants.

[@gy9322]

😂

[@Manu-pj3ie]

Demm i jst accidentally started an online business without watching this😢

[@rabhishekabhi3449]

Me too 😉

[@samuelmarndi]

ONDC Will revolutionize ecommerce in India.

[@sreyanshuchaterjee3962]

How?

[@HemantPandey123]

Technology democratises opportunity. 2% of people in any population sample are simply brilliant. Technology will open lot of avenues for many people from rural areas. Secondly technology is highly deflationary. Decentralised model of sme is the future. Lot of competition coming for all so called educated ' privileged ' class.

[@Mack-vs9ei]

Men In BLACK!!! 😉 Awesome!

[@vanshsahai]

Bade logo ki badi batein

[@earth_1943]

This E commerce business is not suitable for india it will be unstainable when deep discounting goes away because india is densely populated country not like western countries where stores are miles away.

[@meghdoot8608]

Deep discounting days are already gone , Do you see Flipkart Amazon or even meesho giving huge discounts like before and still their revenue is increasing

[@earth_1943]

@@meghdoot8608 Look at their balance sheets. In USA amazon is not also profitable.

[@raptor3624]

There are so much business terms being thrown around. Where can I learn about them to make more sense of the video?

[@sivaramanrgr7548]

Nice content. Everone does good. Keep posting more videos.

[@hemantsharma7344]

so much learn.. kindly cover more topics..

[@visonbusiness99]

Remove the monetization if you don't want to intrupt the audience if you you giving the right information to the viewers and it will help to grow your channel

[@visonbusiness99]

Nikhil if you are a multi billioner than why are you using adsence and in your channel

[@bitcoin6504]

kise kise ko utha ke le aate ho sir meesho wala sab ko loss kar va ra ha hai ...courier compnay calme kare ge or messho wala se hi bag le na hai ..50gm ka product 600gem count kar ke 1 kg ka courier charge la ga ta hai ..courie wla parcel badle kr ke coustumer ko bhej te hai to retun ho aaye ga na .. is ko bolo messho ko sahi kare loss ho ra ha hai ..ad kr ne ka call aata hai complanin dekh ne ka time nahi hai .....sir kise bhi ke uthake maat la na ... or aap log beth ke time pass karo ...

[@stockbro1997]

How come Nikhil didn’t talk about Dmart?

[@okkumar-od4tf]

the topic is good for new enterpreneur You could discuss this topic in hindi

[@sumitdas6596]

40-80% RTO is on the cards.Lost 30k

[@ak8140]

nykaa turnover 200 crore annually and market cap 36000 crore can anyone explain.

[@vishwarooppal1712]

market capitalisation has nothing to do with turnover/revenue

[@shreyashchavan1232]

Hey Nikhil , Just have a good and simple title Don't blumb it like this one

[@shamssha8096]

i am an onilne seller and the talk was just point less, no worthy conversion

[@majesticmewtwo7386]

Hey man, if u dont mind me asking,which type of seller are you?

[@mohit8111]

Im ded 💀 reading the thumbnail 😭😭

[@kaustubhkasar]

Please don't keep such titles. It tarnish the quality of the content

[@sreyanshuchaterjee3962]

Without the clickbaity I wouldn't have opened up and bumped upon a wonderful channel. Why not? Content dekho, chill maro.

[@soundarysoni4409]

Mr. Vidit aatrey ji please humble request to you improve you service i am getting loss form both side as a customer and as a seller on meesho. some times i order from meesho so i got wrong return and no return pickup done. as a seller i have received too wrong return. i want to know esa kya kar rhe he aap company me.

[@GGgoldspear]

India Tax system...infact the GST system inparticular is a laughing matter aroundthe world...for example in countries like Singapore, the GST system is to SIMPLIFY exactly!!..so only thepurchasers of the item or service pay the tax..so the one who is not a consumer of the good or service dont have to pay the tax..rightly..So when GST was introduced in this country, the GENERAL tax fell by a wide margin ..as the wider tax system is only for services provided by the Government to all, would be covered by general income tax and for property its property tax etc..and all other goods and services, its GST and its a FIXED percentage of 8% FOR ALL GOODS AND SERVICES!!.. Yes..ALL GST is at the same rate of 8% ...no pop corn, bun with cream and pencils etc..GST is very fair..as non consumers dont have to pay...GST can be increased by review committee over 3 to 4 years later..The Indian Tax system especialy without any reasonable concept of normal tax and GST differences is nothing but uninformed policies trying to show reform but a regression which only encourages tax evading tactics ad hiding money overseas and worst stops investment from overseas. Imagine how China can increase its online sales over thousands of percentages over the years..because of the system/support systems in place in finance (to accept overseas payments)..logistics (where the items get packed, custom checked and shipped within a day) and finally the pricing (includng postage and shipping is very low).. For example when one orders an item priced at $1 from Singapore the Chinese online apps like Alibaba express can deliver the item to Singapore with zero postage and shipping to the consumer within a week. Now for all those retailers who complain about the the "destruction" of local shops by online shops..its plainly a message that one should start joining the online revolution and add on services..so the village grocer can also join online sales systems...so for example the local shops can deliver within a day (as compared to a week if receivd from China) for say 10% more of the price charged..and try to differentiate the same item by way of dedicated services!!.. Imagine the wide number of Indians living overseas who may want to buy INDIAN products but today they cannot do so easily..because itsvtoo costly..an online order of Indian snacks or clothing sets one back by a few thousands of rupees simply for postage...the courier charges are like US$60 ...so ridiculous that the sellers are losing ...shops also cannot find an easy way get customers to pay from overseas without the hurdles of bank charges and tax penalties erroding shop fronts from participating..likes of FlipKart and Amazon India cannot sell to overseas customers while the likes of AlibabaExpress blaze the business trail around the world...the looser is India..only reason the legislatures are more concerned with reasons like controlling black money but dont think out of the box to solve problems of th economy as a whole ...problems which maybe unique to India may need unique solutions,.but India must find a way..or stay as the loser!!

[@steelcity4944]

Hii i lived in delhi passout from govt school my point is if u made contant in hindi that will be great it will be more relatable pls consider

[@agaashagaash6320]

4:10, 8:16

[@somdebdas3591]

Who are these guys

[@jsjtalks]

I'm sorry to say but I'm miss hearing most of the english here. Also the subtitle is going haywire

[@munendrakumar3322]

I would like to watch Kunal Shah.

[@PGPRADEEP988]

thnx

[@donaldktrump8942]

Now this is called legend talks

[@wasimmollah5664]

Beer bicep is dead

[@bashvim]

Ye chacha kaun hain?

[@ericcantona1587]

achese clickbait titles aur paid promotion karwa raha hai

[@sohailsheikh199]

bhai hindi me baat krlo qasam se angrezon ki angrezi zehen me ghus jaati hai tum logon ki nahi ghus rhi. ashneer griver sahi kehta hai india me business krna hai to hindi se hi connect hosakte

[@Raian_1_]

Please don't keep this type of titles

[@Dheytroll369]

Meesho owner is the most non working for sure ,as a seller in meesho worst staff worst platform for sellers...the most important point is they make profit by making sellers poor anyway god is there soon

[@sunpreetsinghthandi8413]

@Dheytroll369 so what will make you switch the platform? What things will make you do that?

[@BigDataLogin]

biyani real data

[@gauravsrivastava1160]

Bhaiyya veteran ko bolne to do...

[@TamalTNC]

GALI GALI ME SHOR HAI , VIDIT AATREY CHOR HAI!!! #StopScammingSmallBusiness #SayNoToMeesho

[@akhilgupta7622]

Meesho sabse faltu Ka E commerce hai

[@shwetanksingh4357]

Meesho wala bohat bada jhutta hai

[@newstv2083]

Kindly make your clips in HINDI. HINDI MAIN UPLOAD .

[@jokerbaby6739]

Please go study English 😅😅😅

[@darshandarshan-hs9uo]

Bus hindi m baat hojati to maja ajata

[@jokerbaby6739]

Nahi😅😅😅😅😅😅

[@vlogacademy9766]

हिन्दी में बोल ले भाई...

[@jokerbaby6739]

Angrez seekh le bhaii

[@abcdkids1759]

Ama hindi me kyo nii bolte ho...

[@Mrmaert]

ye bangloare co founders apne aap ko USA ka samjhte hai aur product india village ke liye banana chahte hai

[@HimanshuSingh-d2w6x]

Right

[@harshjha1405]

Loved the way that you guys are able to put your contradictory opinions respectfully ❤️‍🩹