Meesho is a Reselling platform of India which are helping individuals to start their selling business with zero investment.
Index:
Prelude:
Meesho which literally means “Meri Shop” is a marketplace for resellers who can start selling products with zero investment on their personal social media handles like Facebook, WhatsApp, etc. Meesho currently has 2 million sellers across 700 towns and provides distribution access to another 20,000 manufacturers through its platform across India.
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Founders of Meesho
Meesho was started in 2015 by Vidit Aatrey and Sanjeev Banwal both are IIT Delhi graduates.
How does Meesho works?
Meesho helps resellers to start selling with zero investment and from anywhere in the world. As a reseller, you have to share a product that is listed on the Meesho app around your network on social media platforms and you can earn a commission per sale basis.
There are more than one lakh products to choose from and as a reseller, you don’t have to worry about the logistics, payments, and the supply of products that you sold.
How does Meesho Make money?
Meesho works on the business model just like other e-commerce companies. Let’s break it down their revenue streams for better understanding:
Commission:
Just like Amazon, Meesho also makes money on a commission basis which may vary from 10-20% based on the category of product.
Logistics streams:
Meesho delivery charges currently seem high and they definitely are trying to push that down but doing in an effective manner using logistics technologies can bag them several bucks in their revenue.
Rank Push:
As the number of sellers grows on the platform they can opt for pushing their product on top of search and for that purpose it can add another stream of revenue for Meesho.
Data:
As we all know in today’s world data is as precious as oil and that definitely adds a revenue form for Meesho in the future.
Funding and Valuation:
As per the recent round, Meesho has raised $215 million in total and is backed by one of the finest Venture firms and angels like YC, Facebook, Naspers, Sequoia, Shunwei Capital, and SAIF Partners. In 2021, Meesho raised $570 million and valued at $ 5 billion (~35000 crores).
How you can make money with Meesho?
To make money on Meesho you have to share a product that is listed on the Meesho app around your network on WhatsApp and Facebook walls, pages, and groups and you can earn a commission per sale basis.
As an individual, you can add your commission and shipping charge above the price, and when an order gets confirmed you will receive a notification regarding that. The customer will revive their order in the next 2-3 working days.
If you revive the online payment you have to collect the final amount including your margin but in the case of COD, payment will be collected by the delivery partner, and within 10 working days, your margin will be credited to your bank account.
Do tell us what you think!
Did we miss something? Come on! Tell us what you think of our article on “How Does Meesho Makes Money?” in the comment section.
Also, don’t forget to download our Android app which contains startup case studies and business book insights, verified business strategies and concepts, and no bullshit!!
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FAQs
What is Meesho?
Meesho which literally means “Meri Shop” is a marketplace for resellers who can start selling products with zero investment on their personal social media handles like Facebook, WhatsApp, etc.
How you can make money with Meesho?
To make money on Meesho you have to share a product that is listed on the Meesho app around your network on WhatsApp and Facebook walls, pages, and groups and you can earn a commission per sale basis.
How does Meesho works?
Meesho helps resellers to start selling with zero investment and from anywhere in the world. As a reseller, you have to share a product that is listed on the Meesho app around your network on social media platforms and you can earn a commission per sale basis.
Who are the founders of Meesho?
Meesho was started in 2015 by Vidit Aatrey and Sanjeev Banwal both are IIT Delhi graduates.
I like how you wrote about How Does Meesho Make money and their Story?
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I want to share too, most trusted wholesale supplier list:(maybe it will help someone)
Thanks and keep it up!
Do forward it at teambizzbucket@gmail.com
Yeah… You said correct but what are charges for meesho seller.
It seems easy to do but actually, it is not. I tried it
Parsel man extra ammount le gye h
Helpful
Thankyou for all your efforts that you have put in this. very interesting information.
As a house wife, I had never thought that i can earn and help my family to grow economical stong. I didn’t had much eductaion but through Meesho I got the respect in famil and society. I’m reseller at Meesho and I would thank Meesho for my success.