Revenue [Business] Model of Meesho Company | How Meesho Earns Money 2021

Meesho is an Indian social commerce platform that allows users to resell products using their social networks. It was established in 2015 by two IIT Delhi Graduates Vidit Aatrey and Sanjeev Barnwal.

Meesho’s Business Model (Meesho Founders)

By the End of this article, you’ll know:

  • About Meesho
  • Founder of Meesho
  • Meesho Business and Revenue Models
  • Revenue [Business] Model of Meesho
  • How you can make money from Meesho
  • Conclusion

About Meesho

Meesho is an India-based social commerce platform that was founded by two IIT Delhi graduates (Vidit Aatrey and Sanjeev Barnwal) in December 2015. The platform enables small businesses and individuals to start their online stores via social channels such as WhatsApp, Facebook, Instagram, etc

To Know More and Understand better about the Meesho Company : How Meesho Started & Success Story of Meesho

Meesho App

Revenue [Business] Model of Meesho

Meesho’s Revenue [Business] Model is just like any other e-commerce enterprise. There are many ways by which Meesho earns money that is as follows:

Commision

Meesho makes money by the commissions which they charged from the sellers. Whenever any reseller sells any product on the Meesho platform, 10-20% commission will charge from the seller of that product. Commission earned model is just like the E-Commerce platforms such as Amazo, Flipkart, etc.

Note = Commission is not charged from the individual users (Resellers) but from the registered businesses’ (Sellers) who ultimately selling the goods/products through the platform.

Rank Push

The number of sellers on the Meesho Platform is increasing day by day. Meesho earns from the sellers who want to showcase their products at the top of the products page. It can add another source to generate revenue.

Selling of Data

As we all know in today’s world data is the new oil and data definitely adds a revenue source for Meesho. Meesho did not violate any Privacy Policy, they can sell only that kind of data which doesn’t violate any privacy concerns.

Logistics

Meesho takes the delivery charges which is high and they are trying to push that down in an effective manner. By using logistics technologies, Meesho can earn several bucks in their revenue.

How Messho Works

Meesho is a platform that allows users to resell products using their social networks such as Facebook Pages, WhatsApp & Facebook Groups, Telegram, etc. Any individual can resell the products to their friends, relatives, or to the community with the help of Social Media

Meesho App Interface | Successko

The products listed on the Meesho platform are sold by third-party sellers who have registered with the platform and Meesho does not own, sell or resell any of the products on its own.

When someone shows an interest in buying a product, the user can add a mark-up on the displayed price and quote the same to the customer. This mark-up represents the profit of the user.

Meesho takes care of the logistics services and ensures the delivery to the customer.

How you can make money with Meesho?

To make money from the Meesho platform, you have to share a product that is listed on the Meesho app. You can share the products around your network on WhatsApp and Facebook 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 notification regarding that. When the order will receive by the customer then within 10 working days your margin will be credited to your bank account.

How to earn money from Meesho app | Successko

By the help of the above video you can understand better, How to earn money from Meesho App

Articles Related to Meesho’s Revenue [Business] Model

Conclusion

We can conclude that there many ways by which Meesho Company can generates revenue and earns a decent profit from it. Meesho is one of the many startups from India that have unique targeting and marketing model. Meesho is the latest Company to join the Unicorn Club. In just 5 years they touched the milestone of $1 Billion Valuation. They currently raised funds from Softbank Vision Fund 2 of $300 Million.

FAQs

What is Meesho?

Meesho is an Indian social commerce platform that allows users to resell products using their social networks. It was established in 2015 by two IIT Delhi Graduates Vidit Aatrey and Sanjeev Barnwal.

When was Meesho Founded?

Meesho was founded in December 2015

Who is the Founder of Meesho

Meesho was founded by by two IIT Delhi Graduates Vidit Aatrey and Sanjeev Barnwal.

How an individual can earn money through Meesho?

To make money from the Meesho platform, you have to share a product that is listed on the Meesho app. You can share the products around your network on WhatsApp and Facebook pages, and groups, and you can earn a commission per sale basis.

Shubham

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