On competition, 3-4 weeks back i had done a quick search and found there are enough and more players in India who are in to similar business. I think some of them are traditional players (like those operating from Lamington Road, Mumbai or Delhi players traditionally in this area) who have setup websites as well.
Some of the competitors I had looked up are:
digikey.in
Some of the players heavily play the “discount” game by prominently highlighting it for many of their products on the website.
Robu’s return cost and obsolete inventory numbers look incredibly low. Not sure if we can believe these numbers on face value. Returns management is a headache for all e-tailers in general…and obsolete inventory numbers will keep shooting up as number of SKUs are increased
Business has a lot of promise, but dont have the conviction to enter given extremely small size of business and big lot size to take a minimum position.
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