
Meesho: the tap that charges nothing
·23 min read
Give away the toll. Sell the crowd. Spend the margin on the next shelf. For a better reading experience, read the essay at Resight. Here is a company that nearly doubled what it earns on every
Give away the toll. Sell the crowd. Spend the margin on the next shelf. For a better reading experience, read the essay at Resight. Here is a company that nearly doubled what it earns on every order in twelve months: ₹5.0 of contribution per order a year ago, ₹9.5 now, and then warned you not to get attached to it. “We may not hold Contribution Margin at this level in the near term.” Most management teams spend whole careers trying to manufacture a sentence like margins expanded 270 basis points
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