Cheaper, faster & feedback driven - Acquisition
The clock is ticking! We're in the exciting (and sometimes confusing!) pre-PMF stage at Wholetailer, and we need to find our ideal acquisition channel. This project is all about accelerating our growth by attracting those perfect users.
Here's the plan:
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This project is all about building momentum for Wholetailer in this early stage. By finding the perfect audience and connecting with them in the best way possible, we'll be well on our way to product-market fit and ready to take the B2B wholesale world by storm!
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Experiment - 1 - In-person meetings with Retailers |
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Hypothesis: Kirana retailers in Gurgaon are eager to increase their margins and stock the latest trendy products from the online world, but they want to avoid the risk of unsold inventory.
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Implementation Plan
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Website | |
About | Wholetailer helps Bharat's retailers buy directly from D2C brands |
Stage | PMF |
Type | Distribution As A Service (DAAS) |
Founded | 2024 |
Operating areas | Gurugram, Haryana |
Platform available on | Android application |
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Wholetailer is a B2B wholesale distribution platform that leverages its B2B Wholesale platform to connect retailers directly with D2C brands. More specifically, Wholetailer acts as a marketplace, facilitating transactions between these two parties. Unlike traditional wholesale models with multiple layers of distribution, Wholetailer streamlines the process by eliminating the middleman. This benefits both retailers and brands.
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Wholetailer serves two primary user groups: Retailers and Direct-to-Consumer (D2C) Brands.
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For Retailers
For Brands
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For ICP Prioritization Framework, click here
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β | ICP 1 | ICP 2 | ICP 3 |
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Ideal customer | Shyam | Harsh | Manisha |
Job title | Cafe manager | Kirana store owner | School canteen operator |
Age Range | 28-40 | 35-50 | 30-45 |
Education Level | Bachelor's in hotel management | 12th Pass > B. Com | 12th Pass > BA |
Buying Channels used before | Local Distributors, Restaurant wholesale suppliers | Wholesale markets (Sadar Bazar), Cash & Carry stores (Metro) | Local Mandi's, Local Distributors |
Key Responsibilities | Overseeing cafe operations, curating menu, managing stock | Managing inventory, negotiating with suppliers, customer service | Managing inventory, negotiating with suppliers, curating menu and products |
Role in decision-making | Primary decision maker | Sole decision maker | Key decision maker |
Tech-savviness | 6/10 | 4/10 | 5/10 |
Motivation | Smooth operations, maintain cafe reputation | Increase margins, fast-moving inventory | Healthy meals/food/products within budget, student satisfaction |
Vertical | HORECA | Retail - FMCG | Institution |
Annual revenue | INR 20-50 Lakhs | INR 10-30 Lakhs | INR 15-40 Lakhs |
No. of employees | 5-10 | 1-2 | 2-3 |
Team Type | Cafe Staff | Family and hired help | Canteen staff |
Locations | Gurugram - Urban commercial areas | Gurugram - Residential neighborhoods, markets | Gurugram - Educational Institutions |
Time Vs Money | Quality over cost | Cost-sensitive | Quality over cost |
Technologies used | Online delivery apps, POS Systems | UPI for transactions, Apps like WhatsApp, YouTube, Facebook etc | POS Systems, UPI, WhatsApp, Youtube, Facebook |
Goals (Next 3 months) | Expand cafe reach, introduce new offerings | Source new products, prepare for the festive season | Introduce new healthier or more nutritious options in the budget, streamline the supply chain |
Hiring Products For | Reliable supply chain for premium ingredients | Access to high-margin products, efficient supply chain solutions | Consistent quality, reliable delivery, affordable pricing |
Current solution | Diverse local suppliers, some online B2B platforms | Traditional wholesale markets, local distributors | Small-scale local wholesalers, community markets (Mandi's) |
Core problem statements | Juggling multiple suppliers, ensuring quality consistency and managing food waste | Balancing inventory turnover with customer demand, limited storage space and working capital | Align nutritious meal offerings with tight school budgets, managing food procurement during seasonal changes. |
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Criteria | Share | Source |
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Metropolitan Population | 13,24,81,000 | https://en.wikipedia.org/wiki/List_of_metropolitan_areas_in_India |
D2C Market Relevant Categories - Offline | 40% | Shiprocket D2C Report - https://www.shiprocket.in/wp-content/uploads/2022/06/INDIA-D2C-REPORT-2022-_-FINAL.pdf |
Avg. Revenue per user per month | 350 | Assumption |
TAM = Metropolitan Population x D2C Market Penetration x ARPU
TAM = 18,547,340,000 (Eighteen Billion in metropolitan Aera)
Currently, wholetailer is operational in NCR Region only which has 58,150,000 of total population of metropolitan.
SAM = 58,150,000 * 40% * 350 = 8141000000 (eight hundred forty millions)
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SOM = 8141000000 * 20% (Assuming wholetailer will be able to capture 20% of market) = 162,820,000
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For Retailer
For Brand :
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Hypothesis: Kirana retailers in Gurgaon are eager to increase their margins and stock the latest trendy products from the online world, but they want to avoid the risk of unsold inventory.
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Implementation π : After making over 200 calls βοΈ and successfully bringing 45 retailers onboard, here's the step-by-step process we are going to use to bring more Kirana stores on the platform:
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Action | Details | Tools |
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Market Research | Find Kirana stores in Gurgaon, focusing on busy areas (Sec-22, Galleria, Huda Market). | Google Maps Extractor |
Data Organization | Prioritize stores by size, location, and reviews. | Google Sheets |
Outreach | Call shortlisted stores and set up meetings. | Phone call script, WhatsApp Follow-up message, Flyer to send on WhatsApp |
In-person Visits | Introduce Wholetailer, tell about benefits + showcase product samples | Product Samples, Flyers |
Feedback Collection | Gather feedback on WhatsApp or form | WhatsApp Feedback bot, Google form |
Product Push | Work with retailers to push chosen products, assist with display and product benefits training | Marketing materials, Product guides. |
Monitoring success | Wait for the "aha" moment when the retailer places a repeat order | Collect orders on WhatsApp or phone |
Continuous Engagement | Keep in touch with retailers through WhatsApp, offering new products and general updates |
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Hypothesis: Joining and getting involved in places like the Kirana Club and Facebook groups for Gurgaon retailers could help us get to know what local store owners are looking for and the latest buzz in the market.
Purpose:
The objective of this experiment is to immerse Wholetailer into the digital spaces where our target customersβKirana and Gurgaon retailersβfrequent. By actively participating in communities such as the Kirana Club and Facebook groups, Wholetailer aims to gain deep insights into the needs, preferences, and challenges of local store owners. Understanding these aspects will inform product offerings, tailor marketing messages, and refine the customer acquisition approach to align with the realities of the target market.
Alignment with Acquisition Strategy:
This experiment is crucial at the PMF stage as it directly contributes to refining Wholetailer's value proposition. By aligning the product features and services with the actual demands and pain points discussed within these communities, Wholetailer can position itself as a solution developed with, and for, the Kirana and retail community. This targeted approach is expected to foster trust and accelerate adoption, as the platform will be seen as a community-informed solution that supports the growth and efficiency of local retailers.
Implementation Plan
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Action | Details | Tools |
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Identify communities | Identify relevant online communities where Kirana and Gurgaon retailers are active. Like Kirana Club, Gurgaon Retailers Group etc | Facebook, WhatsApp |
Join Community | SignUp in the communities, few communities may require to have a shop. Do KYC for them | Social Media accounts, KYC doc |
Monitor | Monitor discussions to understand popular topics, product margins, and comparisons. Additionally, check user profiles and extract data of users from the communities | Scrapping tools |
Engage | Begin actively participating in discussions by providing insights, advice, and solutions related to product margins and comparisons. | - |
Initiate Direct Chat | Reach out directly to connected retailers to discuss their specific needs and tell them about Wholetailer | - |
Hypothesis: Utilizing personal networks to directly connect with canteen decision-makers in offices, schools, and colleges will enable Wholetailer to effectively introduce its offerings to a focused audience, potentially accelerating partnership formations and market penetration.
Purpose:
The aim here is to tap into existing personal networks to reach decision-makers in niche markets such as canteens within educational and corporate institutions. By using a more personalized approach, Wholetailer can effectively showcase its solutions and build relationships that may lead to rapid and more organic growth through word-of-mouth and direct referrals.
Alignment with Acquisition Strategy:
At the PMF stage, leveraging personal networks allows Wholetailer to bypass the noise of traditional marketing channels and directly engage with potential clients in a meaningful way. This method can result in quicker validation of product-market fit, as feedback and buying signals can be gathered more directly and from a highly relevant audience. Moreover, it complements the digital and community-based acquisition strategies by adding a layer of personal touch, which is especially influential in niche segments.
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Implementation Plan
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Action | Details | Tools |
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Mapping Connections | Identify contacts who can introduce us to the Institutions. | Social Shoutout, LinkedIn, Personal Network Shoutout |
Create Messaging | Create a message to be shared with the connections for a clear ASK | - |
Initial Outreach | Use personal channels to request introductions to relevant contacts. | WhatsApp, LinkedIn, Phone, Social Channels, Emails |
Connect with Introductions | Introduce Wholetailer, tell about benefits + showcase product samples | Call + In-person Meetings |
Followups | Engage in post-discussion follow-ups to gather feedback and build interest. | Answer any query |
Reflect and Refine | Analyze outcomes and feedback to refine future outreach strategies. | - |
Now that we've finished these experiments, we're ready to take the next steps. We've learned a lot, and it's time to use those lessons as we start thinking about growing even more.
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