Hypothesis | Assumption | Reason |
---|
4 different categories ordered in it's first 3 orders | - Order frequency is at-least once a week
- Different product categories to order from
- Grocery
- Fruits & Vegetables
- Dairy & Beverages
- Home & Kitchen
- Home Utility
- Personal Care / Beauty
- Packaged Food
- Based on the categories, shopping pattern, requirements (necessity) --> Ideally there are potential 6+ categories which should be ordered once a month
| - Once user has shopped for different categories, product, brands,
- it would have discovered the wide range of product availability
- increased confidence & habit formation of finding everything they need under the same app
- user is willing to try out different items & have consistently received good experience
|
5 successful search-to-cart conversion within 5 mins each, in a 7 day-period | - Order frequency is at-least once a week
- Because avg order value is higher & pre-planned, user will prefer bulk ordering, hence require multiple searches of different products
| - On an avg every order will have 8 items, if more than 50% of them were searched and quickly added to cart, implies user experienced "aha moment" of finding the relevant item quickly
- This could also help identify categories which are most search but there's not enough items available (to further boost the inventory)
|
Rs. 3K Avg order value of DMart exclusive items in it's first 10 orders | - Avg order value is Rs 1K-1.5K
- DMart exclusive items (private labels) are relatively affordable (10-15%) as compared to existing brands
| - If 20-30% revenue is driven by private labels consistently (This is inline with private label share in brick & mortar format)
- Customers are trusting the quality, have repeat orders, and due to relatively lower prices will continue to be retained users
|
5 items re-purchased within a month | - DMart has a feature of quick re-order, our product have ability to track how many users went to that list & re-ordered from there.
- We have a mechanism to re-surface quick buying of previous order
| - If users are re-purchasing grocery items within a month, it implies they had their "aha moment" with the previous purchase
- Post comparison with other channels, they came back to the core-value prop (every-day-low-pricing) and will continue to order
- Impact on retention curve; positive; low confidence (as unavailability of data)
- Impact on WOM; positive; medium confidence (as we generally share apps where we get value)
- Impact on LTV; positive; high confidence (repeat purchases implies higher lifetime value)
|
5 orders in a month |
| - Avg order value (~Rs1.5K) of DMart is higher as compared to Q-Commerce competitors [Zepto (400-500), Blinkit(600-650), Swiggy Instamart (450-550)]
- Due to unavailability of sub-hour delivery facility, ICPs of DMart do bulk order with planning, hence ordering at-least once a week is the ideal frequency
|