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From the product side, it is aimed to have a salesman persona ensuring that the retailer
doesn’t have to deal with multiple salesmen and distributors to get his stock with uncertain
prices and sales time lost in getting the stock to the shop. Due to the recent situation of
lockdown and ramp up in demands it has been difficult for Retailersbook to get stock from its
company/distributor partners which in turn is resulting in the platform not able to serve all its
customers (retailers in this case).
1. Direct deals with the companies (raising money as debt for the short term and invest it in
the booking of stock) to ensure big brands availability
2. Partnering with some SME manufacturing essentials like (Atta, rice and pulses) and rolling
out its own private label as a private label will have more chances of generating trails at this
time (Covid-19 crisis may lead to emergence of new FMCG products: GCPL MD)
3. Owning full distribution for some areas by operating as a traditional distributor with capital
investment
Info- Retailersbook started its pilot operations in Delhi/NCR from the month of October’19. It
started gaining good acceptance from both the seller and the retail side. By December the
company was able to have a retail base of 2000+ customers, 120 sellers and a GMV of
close to 4Cr+ with its two product ready ( Retailersbook is a retail side app enabling retailers
to refill their shops at the best prices ) and RB Express ( Supply-side logistics app aimed at
operational excellence as the company uses its own logistics and aims to bring its logistics
cost down to 1% for the secondary distribution which presently is around 3-4% in the
industry. It is funded by angel investors till now and aiming to have a monthly GMV of 25Cr
by the end of this year in Delhi.
Website- https://www.retailersbook.in/
App- Retailersbook
Expectation- Participants will have to send a ppt (maximum of 5 slides) on possible strategy
keeping in mind the present situation. Deadline is the 19th of April.