Meesho

Meesho is a Bengaluru-based totally social trade platform based in 2015 via Vidit Aatrey and Sanjeev Barnwal. The business enterprise operates with an undertaking to empower individuals, mainly girls, by way of enabling them to begin their personal online companies with 0 investment. Meesho connects manufacturers and suppliers with resellers, who then marketplace and sell merchandise through social media systems which include WhatsApp, Facebook, and Instagram.

The platform presents a huge variety of products inclusive of clothing, accessories, home decor, electronics, and more. Resellers can browse through the catalog, select the merchandise they want to promote, set their very own margins, and promote them to their community of pals, circle of relatives, and fans. Meesho handles order processing, charging, and logistics, allowing resellers to recognize total sales and customer engagement.

Through its modern commercial enterprise model, Meesho has created financial possibilities for hundreds of thousands of people, mainly homemakers, students, and small commercial enterprise proprietors, across India. The agency has garnered large attention and investment from leading undertaking capital corporations and has experienced a rapid boom since its inception. As of my final update in January 2022, Meesho continues to increase its attain and effect within the Indian e-commerce panorama.

The agency’s innovative business model has gained huge recognition and has created economic opportunities for millions of people, together with homemakers, students, and small business proprietors, across India. Meesho has attracted tremendous attention from investors and has secured funding from leading undertaking capital companies.

As my final replacement, Meesho continues to extend its attain and impact in the Indian e-commerce quarter, striving to empower more individuals and foster entrepreneurship through its platform. For the most present-day statistics, I would recommend checking the state-of-the-art updates from Meesho at once.

Meesho operates as a social trade platform that enables the shopping for and selling of products through social networks. Here’s how the employer’s work usually capabilities:

Company Work:

• Supplier Onboarding: Meesho collaborates with manufacturers, wholesalers, and suppliers to onboard their products onto the platform. These merchandises span numerous categories including fashion, add-ons, domestic decor, electronics, and more.
• Reseller Registration: Individuals who are inquisitive about beginning their very own online agencies can sign on as resellers on the Meesho platform. Resellers can be all people, consisting of homemakers, college students, or small commercial enterprise owners, looking to earn extra earnings.
• Product Selection: Resellers browse through the Meesho catalog to select merchandise they need to sell. They have the ability to select from an extensive variety of products and categories based totally on their alternatives and target market.
• Markup and Promotion: Resellers set their very own earnings margins on the goods they select. They can then promote these products to their community of contacts through the usage of numerous social media systems inclusive of WhatsApp, Facebook, Instagram, and others.
• Order Management: When clients vicinity orders through the resellers’ social media channels, Meesho handles the entire order management method. This consists of order processing, price collection, and logistics management.
• Delivery and Customer Support: Meesho looks after product delivery to the client’s doorstep through its logistics community. Additionally, the enterprise provides customer support offerings to cope with any queries or worries clients can also have concerning their orders.
• Commission Payment: Once the transaction is finished, Meesho calculates the commission for the reseller primarily based on the product rate and the reseller’s profit margin. The fee quantity is then credited to the reseller’s account.

Overall, Meesho’s paintings revolve around empowering people to end up entrepreneurs by means of imparting them with a platform to begin their personal online corporations with minimal funding. The organization facilitates the whole process, from product sourcing to reserve fulfillment, permitting resellers to attention to sales and customer engagement.