Grocery Bazaar

  • Kolkata, India
  • Logistics, Services, Social Impact, E-commerce

Achieved Breakeven ! Proven business model for online grocery with 3.5 yrs of operational experience

Founded:
2013
Stage:
Steady Revenues
Market:
B2C

Startup Video

Featured

Image

Market Comes Home | The Telegraph

The reporter ms. Showli Chakraborty came to our office to take the interview.She asked questions on start-up story and future plans.

Jun 28, 2015


Founded

Got our first order on labour day...

May

2013

Customer

Got bulk supply order of 3 lac .Delivered successfully

Sep

New Product Release

Started Bulk Supply to institutions

Jun

2014

New Product Release

Launched Logistics support and started last-mile delivery for askmebazaar.com

Jul

Customer

Tied-up with restaurant chain to supply monthly grocery of 2lac approx

Jan

2015

Media Coverage

Got coverage in The Telegraph Newspaper

Jun

Jobs


marketing specialist Sales & Marketing
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Kolkata, India
Ecommerce marketing, Digital marketing, Direct Marketing

Job Description
Dear Candidate,
                              We are looking for individual having lot of enthusiasm and passion for work.We will offer  equity to experience candidate based on his/her contribution to growth.Please refer the Grocery Bazaar portfolio to get better understanding of the business.Please contact me if interested !


Regards,
Pankaj Sharma
8100295971

Team Summary

Pankaj Sharma(Co-Founder):- Computer Science engineering graduate from Jabalpur engineering college.Worked with TCS for 5 years as a Business Intelligence Professional and then with IBM as Data Specialist for 1 year .
Rahul Rai(Co-Founder):-Mechanical engineering graduate from Jabalpur engineering college.Worked with TCS for 7 years as DBA.

Team


Product/Service Summary

An online grocery store in kolkata
--> Min-inventory based model to yield margins up to 20% and with minimal inventory cost
--> We follow regular refilling of inventory besides keeping stocks in bulk based on order pattern and defined minimum stock unit per product
--> Procuring from wholesalers,manufacturers,distributors in small quantities besides good margins due to long business relationships with them
--> In-house logistics provide efficient procurement and delivery options with 100% customer satisfaction
--> Providing "Try and Test Service" to new customers with free shipping on anything without any terms and conditions and replacement warranty
--> Catering the monthly grocery needs of restaurants/corporate and making more than 10% net profit
--> We will be segregating the Dry Groceries and Fresh Produce Orders through App Store
--> We will be charging 3% commission on every order passed to Local Stores.
--> We will be adding other specialty stores as well to our website.

How are we different?

--> 3.5 years of operational experience with a passionate and hard-working team.
--> we have realized that the Free Home Delivery and discounts on top of it will never earn sustainable margins in Dry-Groceries hence delegating the Grocery Orders to Local Stores and will be focusing on Fresh Produce only
--> we can easily make gross margins up to 40% on Fresh products like vegetables,fruits and non-veg
--> Our target customers are people, looking for quality products and great service
-->Our First Customer is still ordering from our website despite presence of Bigbasket , Grofers in kolkata with huge offerings
--> Due to our expertise in handling logistics,we are effectively handling logistics for other players
--> Successfully executed bulk supply worth 20 lakhs
--> Executed everything with just 3-4 employees
--> Executed sales of 60 lakhs till now with inventory of just 1 lakh at any time of the year
-->We have invested less than 2 lacs in marketing over past 3.5 years

Product/Service Descriptions