Meesho is an Indian social commerce platform that allows users to resell products using their social networks. It was established in 2015 by two IIT Delhi Graduates Vidit Aatrey and Sanjeev Barnwal.
By the End of this article, you’ll know:
- About Meesho
- Founder of Meesho
- Meesho Business and Revenue Models
- Revenue [Business] Model of Meesho
- How you can make money from Meesho
- Conclusion
About Meesho
Meesho is an India-based social commerce platform that was founded by two IIT Delhi graduates (Vidit Aatrey and Sanjeev Barnwal) in December 2015. The platform enables small businesses and individuals to start their online stores via social channels such as WhatsApp, Facebook, Instagram, etc
To Know More and Understand better about the Meesho Company: How Meesho Started & Success Story of Meesho
Revenue [Business] Model of Meesho
Meesho’s Revenue [Business] Model is just like any other e-commerce enterprise. There are many ways by which Meesho earns money that is as follows:
Commission
Meesho makes money by the commissions which they charged from the sellers. Whenever any reseller sells any product on the Meesho platform, 10-20% commission will charge from the seller of that product. Commission earned model is just like the E-Commerce platforms such as Amazo, Flipkart, etc.
Note = Commission is not charged from the individual users (Resellers) but from the registered businesses’ (Sellers) who ultimately selling the goods/products through the platform.
Rank Push
The number of sellers on the Meesho platform is increasing day by day. Meesho earns from the sellers who want to showcase their products at the top of the products page. It can add another source to generate revenue.
Selling of Data
As we all know in today’s world data is the new oil and data definitely adds a revenue source for Meesho. Meesho did not violate any Privacy Policy, they can sell only that kind of data which doesn’t violate any privacy concerns.
Logistics
Meesho takes the delivery charges which is high and they are trying to push that down in an effective manner. By using logistics technologies, Meesho can earn several bucks in their revenue.
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