SWOTAnalysis
Strengths
Low-cost and accessible platform, strong community of sellers
Opportunities
Growing e-commerce market in India, potential to expand into new markets and product categories
Weaknesses ��
Dependent on third-party platforms (WhatsApp, Instagram, Facebook), limited product categories
Threats
Competition from established e-commerce platforms, changing regulations and policies
AllAboutBrand
ShortFounding Story
The idea for Meesho came when Vidit and Sanjeev noticed how many women in India were using WhatsApp to sell products from their homes They realized that these women lacked access to a platform that could help them grow their businesses and reach a wider audience So, they decided to build one themselves
Problem Solved ByMeesho
Meesho aims to empower women entrepreneurs by providing them with a platform and resources to start and grow their businesses The brand believes that everyone should have the opportunity to earn on their terms, regardless of their backgrounds or circumstances
Brand Positioning
Nykaa positions itself as a one-stop-shop for high-quality beauty and personal care products at a ordable prices Its focus on customer service, innovation, and convenience sets it apart from other ecommerce players
Business Model
Meesho is a social commerce platform that allows individuals to start their e-commerce businesses via WhatsApp, Instagram, or Facebook The brand provides various tools and services to its sellers, such as catalog creation, order management, and payment processing In return, Meesho earns a commission on every sale made on its platform.
Revenue Model
Meesho generates revenue through commissions from sales made on its platform, advertising
TargetCustomer
Female entrepreneurs and homemakers who are looking to start their own businesses from home
ProductLine
Meesho's platform allows individuals to sell a variety of products, including clothing, accessories, and beauty products
BestSelling Products on Meesho
Sarees, Kurtis, Jewellery
Meesho USP
Meesho provides a low-cost and accessible platform for women entrepreneurs to start and grow their
HowMeesho Becomes Successful?
Providing a platform and resources to an underserved market, building a strong community of sellers, and leveraging social media for growth
WhatYou Can Learn FromThem?
Meesho's success demonstrates the power of creating a platform that empowers others to achieve their goals By providing value and resources to an underserved market, the brand was able to build a loyal following and achieve rapid growth.
Lessons Brand Learned
Meesho's success highlights the importance of building a strong community and providing value to an underserved market The brand also learned the importance of adapting and evolving as customer needs and market conditions change
Conclusion
In conclusion, Meesho is a prime example of a brand that has empowered women entrepreneurs and achieved rapid growth by providing a low-cost and accessible platform for social commerce By prioritizing its target audience's needs and leveraging social media e ectively, Meesho has built a loyal following and demonstrated the power of democratizing e-commerce
businesses,
e-commerce
and empowering for all
making
more inclusive