5 Details Every Entrepreneur Needs Right Now About CAESAR Program

Now, even relatively small companies like Nodeflux–its headcount is still below 50–can score government contracts. Nodeflux analyses images from around 7,000 CCTV cameras in the district, giving the Jakarta Regional Government new perspectives on traffic patterns and other mobility-related insights. It’s now applying a similar solution to help stop travel violations during Covid. This shift … Read more

Digital-Lifestyle Connectivity Forces Markets To Shift

Aggregators, too, will not be the same. The very discounts that propelled the growth of food delivery companies Swiggy and Zomato will be the first casualty, said Beer Café’s Singh. This has already come true. Zomato and Swiggy have stopped footing discounts to customers. Like the shift to a revenue-sharing model, aggregators now have to … Read more

The Merits and Trials of Faustian Deals between Restaurants and Sending Giants

A pandemic that forces people to stay home looks like a godsend gift to the food delivery industry. But it may fundamentally alter the power balance between restaurants and food delivery platforms in Malaysia, and even Southeast Asia. Before Covid-19—when dine-in was the main income source for restaurateurs—commission rates were viewed as a “marketing fee” … Read more

Why Food Logistics Companies are Better Left Public

That’s the premise of ECF—an alternative financing option allowing private companies such as small-and-medium enterprises (SMEs) and startups to raise capital. ECF can be channeled via retail investors or the customer base through platforms regulated by the Malaysian capital market regulator Securities Commission (SC) Malaysia. Malaysia is the first country across Southeast Asia to regulate … Read more

Banana Republic just launched their second womenswear line with J.Crew Group

Operating during a crisis already comes with added costs. Savings from unused marketing budgets are being offset by the cost of incentives and relief packs for workers at risk of contracting the virus, said the Grab spokesperson cited earlier, without divulging specifics. There’s also the cost associated with supplying protective gear for workers.

Many businesses are hanging on by a thread as the pandemic-induced slowdown worsens what’s already been a cautious global investment climate.

Why Retailers & Brands Choose a Fruit-Forward Approach?

Why Retailers & Brands Choose a Fruit-Forward Approach?

Even a well-funded company like Grab realises this. “We’re all in survival mode and trying to navigate this crisis. Even before, we’ve been mindful of how we spend our money,” says its spokesperson.

So any company that’s taken a blow would understandably want to generate new revenue streams, said Forrester’s Meena. That seems to be true in Zalora’s case; it just announced a subscription service focussing on data analytics for brands. The company analysed data from over 2.6 million active customers in its Southeast Asia markets and translated that into insights such as top and trending stock keeping units in selected categories.

“Secondly, this is a time when there’s almost no marketing or advertising targeting consumers because they’re not buying,” explains Meena. Venturing into essential groceries at least allows the likes of Zalora to stay relevant.

Zalora offers no definitive answer about whether it would continue delivering groceries after the pandemic ends. All it says is it will “adapt” to what consumers need. Meena’s take: there’s no business case for companies that are not in it for the long run.

5 Benefits of Going Fruit Forward and the Fate of All Movements That Came Before It!

Delivering groceries is inherently complex. Basket sizes are small, and margins are typically low. High order volumes are important since marketing and distribution costs eat into the margins. But high volumes also make it difficult to deliver the goods—literally. US$200 can buy you a smartphone but may translate into 20 kg of goods when it comes to groceries.

Touch-and-feel remains a key consideration, says Meena. People want to pick out their vegetables, smell their meat, and squeeze their produce. Making sure these products stay fresh through transit is challenging, otherwise you’d have to deal with the bigger headache of spoiled returns. That’s why big providers like Amazon in the US invest in numerous warehouses and logistics, allowing them to quickly reach customers’ doorsteps. It takes many years to reach a certain scale.

Companies like Grab try to work around some of these complications by employing a hyperlocal approach. They partner with supermarkets or brand distributors like Great Deals instead of managing their own inventory and zero in on dense areas so they can fulfil as many orders as they can in a single trip.

However, there’s a trade-off. Meena says there’s less visibility on inventory with this kind of approach. So incomplete orders like what Filipino customer Zialcita experienced could be a frequent problem. “This supply chain issue is very difficult to solve and customer experience suffers,” Meena tells us. “The reason why Amazon is leading the pack is because they control the customer experience.”