Project News Detail
| Project No : | 187971 |
|---|---|
| Project Title : | Plans To Stores Projects In Telangana |
| Company Name : | Quikrbazaar |
| Project Detail : | With refurbished products managing to find takers, QuikrBazaar is now looking to set up experience zones in smaller cities as well in Telangana as part of its online-offline strategy. QuikrBazaar is one of the many verticals at classified advertisements platform Quikr, and covers mobiles, electronics and furniture Hyderabad has been one of the top markets for QuikrBazaar for more than two years. We now want to tap the potential in smaller cities,” said Sarath Chandra Gudlavalleti, Vice-President, QuikrBazaar As part of this, it is planning to start eight franchises in places like Nizamabad, Nalgonda, Mancherial, Khammam and Kothagudem in a few months, he said These will allow people a touch and feel experience. It has tied up with retail, OEM and e-commerce platforms for sourcing the products. These are checked for quality and refurbished if needed. They come with warranty and categorised according to their working condition- unboxed, refurbished, good and fair and brand new The products will be a mix of boxed, unboxed and used products. These go through checks and are refurbished to meet the customer experiences. The prices of refurbished products are lower by 25 per cent. They have warranty and replacement guarantees as well. It has warehousing facilities in six cities including one near Hyderabad, he said We are now seeing a shared economy. People are open to shared taxis and car pools. Now, they are even open to using refurbished products. This is mainly because many believe in reducing, reusing and recycling of resources. Many are inclined to extend the lifecycle of products,” he said on why people are keen on using refurbished products Electronics, mobiles and furniture can be used further even as new models come, he said adding that a bulk of the workforce is mobile and prefer to sell them away when they move to another location Consumer demand for furniture in Hyderabad saw a 79 per cent year-on-year growth, he said adding that Quikr Assured Furniture goes through a three-stage quality testing process. These are then attested and certified by experts. Top products in demand are beds, sofas, wardrobes, shoeracks, dining tables, diwans, dressing table and TV units The used-market is largely unorganised. Also, the buyer has no assurance of quality. We get the products certified by experts,” he said. Quikr gets a revenue share from the merchants |
| Project Location : | Multi Location - Telangana - India |
| Project Estimation : | Refer Document |
| Status : | Announced |