03 May, 2020

My Nostradamus moments in Retail

The year was 1998. My classmate and I created an online booking option at 123India, a popular website which allowed users to build websites with a personalised domain suffix for free. The Madras based Client was Enhancers, an Event Management Company which organised concerts, Carnatic & Fusion Music involving some of the most reputed artists in India and abroad. We were freelancers cum college students and had the privilege of companionship and brotherhood, sparingly some snacks and coffee on the house. After all, we wanted to put to good use the coding languages that we were learning at NIIT.  One could choose the Concert, click on Number of Tickets required, share their Phone Number and Residential Address and within 3 hours, we would deliver the tickets and collect the money.


That was when I imagined a day when as a Consumer, I would simply click a button on a website, order grocery, food and other items which would get delivered right at my doorstep. Few months later, I heard that a company was already doing something similar to this at California in the US. The firm went by the name Amazon. During my stint at Musicworld, I saw in action the same model put to use where HamaraCD, the Kiosk installed at the store could be used to build a personalised playlist digitally, which would get recorded at the backend and delivered to Customers in a week’s time. That a CD bearing 9-11 songs would cost ₹399/- was a deterrent to potential customers and the project never took off.


In 2015, I tried to go back to my idea of 1998 and tried to put it in to good use. I built a website myself on Zepo (similar to and an Indianised version of Shopify) where Customers could order Grocery and Household items which would be picked up by my team from a neighbourhood area and delivered to Customers. Oyethere was warmly welcomed and embraced by Customers and we made a lot of noise and news for delivering Tender Coconuts during the Summer of 2016 and Kabali Movie Tickets and T-Shirts thereafter. We delivered 100s of Patanjali products across Chennai and 100s of clay Ganesha Idols a day ahead of Pillaiyar Chathurthi 2016 – ones which were available by the roadside but many patrons ordered to simply see how this worked, for we also said we shall take back the Ganesha idols for immersion.


Investors although were not impressed. A noted personality from Mumbai, when I pitched at TiECon 2016 asked why would he order on our platform when he could walk down to buy it. He and many other “Potential Angel Investors” said the venture doesn’t make “Unit Economics” for we had more Opex than Revenues, an unwritten norm and a must-do for StartUps and Founders today. There was no Corona Lockdown back then. I said, our StartUp targeted “Cash Rich Time Poor” shoppers who preferred convenience over cost, because our model was to charge 2% on Retailers of the Order Value and a small fee from Shoppers. With volumes of deliveries, we would eventually break even. Those days, Swiggy and Zomato were not delivering Idlis or Burgers below the Menu Price, there was no concept of Delivery Charges for “parcel food” from Restaurants although MakeMyTrip and BookMyShow were already charging users. I convinced him and many others over the next three years, around 50+ pitches. I went back to a day job early this year.


When the Covid Crisis was taking shape and making headlines in India during the first week of March, I sensed a huge surge in OTT Consumption and switched Levista’s Advertising to News Channels instead of GECs. I also shared my views that Multiplexes would reserve 1 seat unutilised for every 4-6 seats which were blocked. And that Swiggy, Zomato and Dunzo would redefine Hyperlocal Retailing. Small joys of life when I see things happening right in front of my eyes.

These are some of those “Nostradamus moments” for me as I look back at my 23 years of being in the Indian Retail Industry. There are many such instances that I could add and share. Like how Consumers would order online and get home-delivered Microwave Ovens, Refridgerators and LED Tvs along with grocery items, although not from the same App. Amazon Prime could be an exception. We’ve just begun. Miles to Go... 

01 May, 2020

Lockdown Blues!

It’s day 39 of an Official Nationwide lockdown ever since we shut ourselves at home on Tuesday 24 March on Ugadi Day!

The best thing that has happened to most of us is that we spent the last month and a half entirely at our own homes, with our immediate loved ones although many were away from their families.

There’s no bigger joy and happiness that I have had in my entire life that I could spend so many days continuously with my kids and wife. These golden days will be cherished all my life.

I haven’t seen my Sister and Mother for all these days which makes me very sad. Not the longest, since I’ve lived away from them for over 25 years. But this one is rare coz she lives two streets away and I haven’t walked that far.

Though many of us perform household work regularly at home, the lockdown meant No Maids, so we did additional work. Whenever I washed vessels, I felt bad for my elderly maid who washes vessels without a grin. Always. And the mopstick is oh-so bad to handle.


Friends - missed their company the most for I haven’t seen a few for long. Makes me realise how much more important they’re to me. Thanks for being there for me over phone calls!

I ran out of 2 months’ stock of After Shave Lotions so ended up using Savlon. They both do the same job, similar chemicals. But our minds are conditioned to use branded ones than generic ones. Sigh.

We lost choice of many other day today utilities. We used / use what we get. We’ll get used to this.


No outside food. No shopping, visitation to Malls and Cinemas. No hospital / Doc visits. Our body consumed only home cooked food. Bizarre that we could actually survive this.

My Credit Card Bill (mostly official, a bit of household) was the lowest in about 14 years - only FOUR figure bill. Unbelievable. ICICI must be in a state of shock. Also, lost out majorly on my Payback Points.

No new movie releases for 6 weeks, no FDFS. Life moves on. Awaiting OTT releases and FDFS in May 2020.

I never imagined all my life that sales professionals like me can ever work from home. This has been a reckoning of sorts on how we are conditioned to think, act and behave repeatedly on the professional front.


Missed human interactions all along, ironically. Shows why humans are social animals and need socialising. Am quite sure that this too shall also pass and we will come to terms to the new world order, soon.

Indian PM and Tamil Nadu CM have led the Country and the State impeccably all along. Not fair to compare how other countries fared, especially the usual suspects of USA, China, Japan, France & Germany. But our men in Kurta and Veshti have rocked.

We clapped hands on a balcony, lit lamps in the night in solidarity without expecting any miracle. They said, We did. Some didn’t. Many mocked the idea. So be it.


Irrfan Khan and Rishi Kapoor passed away. Many felt bad for them personally. So much of noise on social media for the departed souls. Rishi’s daughter saw the cremation on a Video call. Like how Indian migrant labourers working in Middle East, Africa and South East Asia see the last rites of their departed ones. Just that mostly they don’t have a choice to fly back.

But the same ones who mourned Irrfan and Rishi didn’t condemn on their FB Walls when Dr. Simon’s last rites were disallowed in his preferred Cemetery at Kilpauk, Chennai. The vehicle was vandalised and destroyed with the corpse in it by members of the same community whom he loving served all along. Two men dug the grave for a Doc who saved so many lives all his life.

Priorities. Ignorance. Impatience. Human race, I say.

As always, Bollywood (and Hollywood) comes first. Our own local heroes - Nope.


Of the two drivers who took a corpse to Mizoram in an ambulance from Chennai driving for three straight days, one has tested positive yesterday. Mizo Minister rewarded him ₹2,000 for the trip. No, we will not celebrate this Driver as he was not the original Romantic Hero or a Really emotive actor. Just another labour fellow and driving an Ambulance is his job, after all. Not sure, if he was singing “Hum tum, ek kamre mein bandh ho” along with his co-driver. Very very sad.

Economic Stimulus - Instead of catchups at Cafes and benches at Tea Shops, social media is abuzz on this. From Raghuram Rajan to Raghu Thatha, everyone is advising, Xi, Trump, Modi and Merkel. Nice to see the world has 5 billion Economists. Wow. I should have taken my Class XI and XII Economics Lectures more seriously.

Some people want to urgently open shops, malls, cinemas and salons. But I wonder if Customers are willing to walk outside.

E-Commerce is here to stay. Dot. As I always say, E-Commerce is not a new business, rather it’s just a new channel of distribution.

Lastly, Hyperlocal ECommerce is the way forward. My startup Oyethere did this 5 years back. Potential Investors scoffed and mocked at me then. Today, they are cribbing that Dunzo doesn’t deliver at their Pin code at Bangalore, Bombay or Delhi. The Chennai Investor Mamas still believe it’s best to walk up to the neighbor hood shops than invest on Hyperlocal StartUps. Sigh.


Lastly, I haven’t been to a Temple Precint - longest ever in my life. Missing this aspect the most.

Do share this article if you feel this perspective interests you.

15 April, 2020

100 Days of Employment

It’s ironical that I am writing this article on my 100 days of Employment from home. So be it. Out of the 100 days, 25 have been Work from Home, a first of it’s kind in my 2 decades of being employed. The first day of my job and almost everyday thereafter have been on the shop floor, meeting, interacting and solving consumer challenges – from helping them to choose the right merchandise to closing a sale, somehow. But the last 25 days have been very different, thanks to Covid-19 Crisis and the ensuing lockdown. More on that later.


 

Mid-December 2019, I was lounging with my classmate who had come to India for a vacation. We were at Westminister, Crowne Plaza (though we still call it as Park Sheraton) which is our favourite hangout for the past 20 of the 24 years we have known each other since studying UG together. The Waiter who used to serve us way back then is now the F&B Manager of the Hotel, something that makes us feel happy that everyone around us has been growing. I received a call from an unknown number and the caller identified himself as an HR Consultant and spoke briefly about a Coffee brand. In the next 24 hours, my tickets were booked to Bangalore for a face-to face Interview with the Management and in the next 7 days, an Offer Letter was sent while I was on vacation at Jim Corbett National Park for Christmas holidays. Things moved very fast, to my own surprise but that’s how God’s grace has always been. He surprises us without even us realizing what He is up to. I joined the company on 3 Jan., on my Father's Birthday!

 

I completed 100 days recently at Levista Coffee as Vice President managing Sales, Marketing, Supply Chain, Logistics and everything in between. It has been a very short tenure yet, but a very fulfilling one. Be it setting up a Corporate Office from scratch (Furniture, Interiors, what not), to plan a detailed Business Plan for the next 24 months as I lead the company to greener pastures with a vision to accomplish 5% Market share of the Rs. 2,200 Crore Instant Coffee Market annually in India of which 80% is held between HUL and Nestle, who’s majority of business comes from Southern India. I have been fortunate to interact with executives and experts from the Indian Media Industry – small, big, large as well as meeting staff members along with prospective new recruits to join and grow the Sales & Marketing team meaningfully. Have also met and interacted with some very bright minds from the Indian Retail ecosystem who have been very supportive to a baby brand that we are, which is only 27 months young now.

 

After 100 days of this tenure, everything seems surreal. I was an Accidental Entrepreneur, thanks to a turn of events in the family way back in 2014. I was not prepared for running Retail Businesses or E-Commerce although Consulting was always on the cards. While all my entrepreneurial escapades went bust including a few Crores of personal savings between my wife and me, what has remained are memories and learnings. Something which I will cherish all my life and of course, am putting them to good use every day. Working for a retail company is very different than running one, for it’s easier to get paid than to pay employees. My hyperlocal ecommerce venture, which is incidentally the most utilized today during the N-Covid Crisis, where we delivered FMCG from nearby Retailers to Consumers was way ahead of time, perhaps. I received messages from a few friends over the last few days and even potential Investors who appreciated my forethought but was difficult to execute it then, due to lack of funds then.

 

Miles2Go Advisory Services, my Consulting firm worked with at least 50 Entrepreneurs on business ranging from Jewellery to Organic Bio-Manure, Agri-products to Idli-Sambar serving restaurant chains. Airports, Railways, Travel Retail Concepts were some of the areas where I worked in various consulting roles. This rich experience and exposure for over 60 months has helped me immensely as I wade my way through this complex maze of Retailing, yet again wearing a new hat (and new clothes!). I am learning every day; with a clean slate every morning – that I do not know anything about Retailing or the Retail Industry and that I get one more day to (unlearn) and learn from scratch.



I have Miles to Go. I have just begun.

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