Flipkart, & Zomato ARE REPLICATIONS only.
And Amazon, want me to tell you the Amazon wannabes from across the world ?
The “innovation” started with amazon and ended with it. Rest are taking the plan and applying it to their locations. None have the ability to go foreign and it should be obvious why.
Flipkart/Snapdeal/Myntra In India, Coupang in Korea, theres few in japan and more.
If there is a business model that can be replicated ? and made a success ? its this. Don’t kid yourself just cause they gain values of Billion Dollars.
And listing company does not kill the competition.
Just cause IKEA is not listed, go invest in a furniture maker who is listed and forget IKEA exists. Thats smart.
I do agree with your 55%, but its not a 100% B2B, like MTAR I mentioned.
Any gains from selling to those 55% Businesses are completely taken away by the 45% retail. If you’ve done a business in retail of a niche product ? you will know.
Also, these B2B firms who buy from Robu. They are just one google search away from 1. going to a competition (which does not go away cause Macfos is listed) 2. Ebay 3. Alibaba and maybe a few more.
I know this, I buy from all 3 places. Regularly.
One way Macfos can build advantage is by having real stores, but well, if they were that motivated they would have started there and not lazily started an online store with sourced products.
And Nykaa, thats a replication too.
Toodles.
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