Co-Founder, CEO, Schbang | Impact India 30 Under 30 | LinkedIN Top 25 Startups '21 & Top Voice '22 | TEDx Speaker | Taught 3000+ Students | Angel Investor
I met a fascinating group of direct-to-consumer (D2C) founders at an E-Commerce Mixer and attempted to assess the primary platform responsible for generating the majority of their revenues. What came out as a pleasant surprise is that brands in the Consumer Packaged Goods (CPG) space that have been on quick-commerce for about a year are seeing almost 30-40% of their sales coming via Q-Comm, with D2C driving about 40-45% of sales. The growth on Q-comm is increasing by double digits every quarter which is a telling stat of where the consumer's purchasing behavior is moving towards. The numbers might seem to be a bit generalized but it's a leading indicator of where D2C brands must focus their attention on. Hiring a Q-comm manager in your team is a no-brainer as that will enable: 👉 Optimized product listings 👉 More control over margins 👉 Better inventory management 👉 Unlocking promos and discounts 👉 Enabling performance tracking 👉 Access to features in the Beta phase Any D2C founders here seeing a similar trend? Would love to chat! #QuickCommerce #D2C
It’s fascinating to see how quick-commerce is reshaping the D2C landscape and consumer behavior.
Absolutely fantastic observation! Akshay It's amazing to see how Q-Comm is shaping up to be a major player in the sales game. It's clear that adapting to these changes, such as hiring a Q-Comm manager, could be a game-changer for D2C brands
Was lovely seeing you last night Akshay Gurnani
“An artist who can also sell” | PixelOMedia | Brand Consultant |
7moHey Akshay Gurnani , great insight man! We are working on a D2C business about to launch in a month and you’re absolutely right quick commerce is booming like anything. Identifying customer behaviour (convenience marketing) is taking the graph up. Agreed, it will be the next big thing for all the marketers out there. ✌️