Business

DealShare creates over 1000 small scale businesses in Tier 2 and 3 cities across India

DealShare Dosts witness 10x growth in revenue in the last 2 years; on an average of Rs. 1 lakh per month
The DSD network has created over 20,000 job opportunities

DealShare, the fastest growing social e-commerce player, today announced its plans to strengthen the community leader network – DealShare Dost.

This unique model by optimises supply chain while improving efficiency and fostering entrepreneurship. It has created over 1000 small scale businesses in Tier 2 and 3 cities in the last 2 years.

The Dosts have grown from micro entrepreneurs in their local region/locality, to thriving small scale businesses witnessing an increase in revenue over 10 times in the last 2 years.

Currently, this DSD network is empowering over 20,000 people with job opportunities that provide additional incomes and growth avenues.

Built on first principles, ‘DealShare Dost’ allows enterprising individuals to leverage their social network, personal connect and first-hand knowledge about the residents in their respective localities.

The model highlights attractive incentives to each partner in the network on a daily basis. The average revenue earned by a Dost today is more than Rs 1 lakh per month.

By playing a significant role in the ecommerce supply-chain eco-system, DealShare is ensuring that the larger part of India’s population is included in the India growth story.

“At DealShare, our focus has always been value first to our customers; we are constantly striving to ideate concepts and business models that benefit our end consumers across regions. Based on our extensive research, we are one of the very few that have recognized the immense potential of India’s mass population that is available to be leveraged in productive and significant ways. Through the DealShare Dosts model, we are very happy to have recognized and implemented a win- win solution that empowers micro entrepreneurs, enables job creation and additional incomes to people in tier 2 and tier 3 cities and also offer quality products at lowest in market prices for our customers”

Mr. Vineet Rao, CO-Founder & CEO, DealShare said,

“We are aiming to establish a Dost for every 1000 households in the cities and towns we cover. The aggressive growth plan of the DealShare Dost network will be supported by providing more avenues for our Dosts to improve their revenue generation. This model of expansion is in alignment with our current business priorities to maximize sales and reduce costs; in this particular instance, by empowering DealShare Dosts we are able to avoid brand marketing expenses and move towards achieving profitability much faster”

Mr. Sourjyendu Medda, Co-founder, Chief Commercial Officer, DealShare, said,

Currently, the network has been growing at 10% month-on-month and contributing close to 40% of the overall revenue/ sales. The company is also planning to invest in bringing out policies that further strengthen the program.

About :

DealShare is a disruptive e-commerce model built towards re-inventing e-retail for the next billion internet users. Currently, present in 100+ cities across 10 states.

The company has acquired over 20 million consumers and adds millions of new consumers every month. DealShare caters to about 4 lakh orders daily.
Since its inception, the company has focused on procuring products from local manufacturers and providing them with a platform to digitize their business and scale their local brands.
At present, DealShare has partnered with over 1,000 local and regional brands and sources its products directly from the manufacturers.
This article was shared with Prittle Prattle News as a Press Release.
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