Video summary
He Quit His Bank Job & Built a 15000 Orders/Month E-Commerce Business!
Main summary
Key takeaways
Business overview & growth story (Shivam)
- Shivam quit a HDFC Bank job (worked ~2.5 years) and started an e-commerce business primarily on Meesho (earlier mentions included Flipkart).
- Initial traction was slow:
- No orders for ~1 week, then “a couple of orders” came.
- He shifted product focus after early losses (initial wrong product choice).
- Reported sales scale (from platform panels/screenshots during the episode):
- ~₹5.18L sales in last 7 days
- ~₹21.27L sales in last 30 days (on a main panel)
- Another panel: ~₹2.5L in last 5 days, ~₹9.70L in last 30 days (panel started ~6 months ago)
- Later, total mentioned across panels: around ~₹30–33L range.
- Team & overhead:
- 15-person team
- Salary spend: ₹2.5L–₹3L per month (stated as salary alone)
- Office rent: ₹2,700/month
- Electricity: described as higher due to ~4 ACs (no exact consolidated figure, but “office expense” noted as significant)
- Profit approach:
- He claims ~20% profit after deducting expenses (explicitly discussed after salary/overheads).
Product strategy & risk management
Diversification across categories
- Not dependent on a single product category:
- Sells bags + stationery + kitchen items (3 categories), run as separate “panels”.
Returns control & definition
- Customer returns claimed to be relatively low:
- ~6–7% monthly customer returns
- “Only 6–7 products out of 100” are returned by customers.
- Returns mechanics (Meesho/RTO logic as explained):
- Customer return: item reaches customer, they tore the polythene, use/wear (or not), then return.
- RTO: if customer doesn’t accept, reverse logistics cost behavior differs (stated as “nothing is charged” vs reverse/shipping deductions depending on case).
- Reverse costs: shipping charges deducted in customer return cases (as he described).
Concrete sourcing & manufacturing playbook
Shift from outsourcing to internal manufacturing
- Initially outsourced bags via friends/vendors.
- Started his own bag manufacturing ~2 months ago (during the episode timeline).
Sourcing model for kitchen/stationery
- For kitchen/stationery items:
- Source from Sadar Bazaar (Delhi) and also via friends connected to manufacturing companies.
- Claims direct sourcing is cheaper than Sadar Bazaar.
Geographic scaling plan
- For bags:
- Currently launching from Delhi
- Plan to expand to Surat when order rate increases.
Listing & content process (operational “how-to”)
After receiving inventory
- Photo creation
- Shoots proper photos (bags: he personally gets them done; otherwise uses image editing).
- Uses AI tools (generically mentioned as “Gemini/ChatGPT”) to:
- replace background
- enhance images
- Listing style
- Mentions “copying images” from existing sellers to get faster traction, arguing it helps because the platform may surface similar listings/images.
- Shipping fee handling
- Emphasizes shipping fee is included/deducted via Meesho’s costing model.
- Strategy to avoid “shipping-fee shock”:
- Set price so the effective total still works, while attempting to keep discounting/promo attractive.
Pricing & profitability model (explicit logic)
- Component-based pricing rationale:
- Include GST
- Add packaging costs
- Add desired profit margin
- Factor in expected return percentage
- Ensure “bank settlement stays within target” (avoid returns/fees pushing into loss)
- Example mentioned:
- If listed price is ₹99 for a bag, he explains profit mechanics; after accounting for “saving fee” and shipping treatment, profit per bag can be up to ~₹40.
Order-to-delivery workflow
- Panel shows orders (pending → accepted).
- Steps:
- Accept order
- Download label
- In-house packaging
- Shipping handled operationally by his team
- Facility setup:
- Two nearby offices:
- One for packaging
- Another for accounts/administration
- Packaging handled at one location.
- Two nearby offices:
Growth lever: multi-listing + panel activity (platform playbook)
Core growth tactics
- “To bring sales, make as many listings as possible.”
- For a single product:
- List it multiple times (~10 listings) to test which variant/listing performs.
- Change background while keeping the same product/color to reduce duplicate listing blocks (as he described).
Platform promotion reasoning
- He believes Meesho ranks sellers by incentives:
- Meesho wants sellers to sell (benefits the platform).
- Competitive pricing matters more than brand/size metrics early.
- Claims Meesho doesn’t care about ratings as much as consistent activity and competitive pricing.
- Organic approach:
- Prefers organic growth and is not running ads in the episode.
- Claims: if he ran ads, he “can reach up to 1000 orders” (conditional; no ads run yet).
Returns reduction tactics (actionable)
- Product selection:
- Warns new sellers not to start with categories prone to size/color issues.
- Avoid “size/color heavy” products; prefer stable fit/appearance.
- For bags, he claims “no size issue.”
- Price positioning:
- “Kept the price a little commodious” to avoid perceived high/low pricing that can drive dissatisfaction and returns.
Marketing/branding stance
- Current:
- Selling without heavy brand building (“I’m just selling products”; “learning phase”).
- Future:
- Plans to introduce a brand later after mastering categories.
- Expansion mentioned:
- Starting food items next (as a future category test on Meesho).
Business targets & timelines (explicit)
- Scale benchmarks:
- References ~400–500 orders/day (described as a stable daily order graph on a panel).
- Panel performance timelines:
- Bag panel: panel sales shown for last 30 days
- Another panel: started ~6 months ago
- Mentions a 100-day challenge tied to a personal/business marketing hook (episode frames it more as a marketing milestone than an execution KPI).
- Location targets:
- Houses planned in Gurgaon/Noida; business office in Gurgaon (clients from there).
KPIs & metrics extracted (from claims/screenshots)
Sales
- ₹5.18L / 7 days
- ₹21.27L / 30 days (main panel)
- ₹9.70L / 30 days (second panel; panel started 6 months ago)
- Total across panels mentioned: ~₹30–33L in the 30-day window (approx.)
Order volume
- 400–500 orders/day
- Possibility of up to 1000 orders if ads were run (not current practice)
Profit
- ~20% profit overall (after salary/expenses)
Returns / reverse logistics
- ~6–7% customer return monthly
Team & costs
- Team: 15 people
- Costs:
- ₹2.5L–₹3L/month salary
- Office rent: ₹2,700/month
- Electricity: elevated (due to 4 ACs)
Actionable recommendations (implied playbook from the episode)
- Start with fast-to-validate categories and avoid high return risk (especially size/color sensitive items).
- Control margins by pricing with:
- explicit inclusion of GST and packaging
- an expected return-rate buffer
- Drive early marketplace traction by:
- creating multiple listings per product (e.g., ~10) with different backgrounds/images
- Stay active on the platform:
- consistent listing/activity + competitive pricing > relying on ads at first
- Build operational capacity early:
- ensure packaging/labeling workflows and team coverage can handle order volume
- Reduce returns through:
- correct product selection and “right” price positioning to reduce dissatisfaction
Presenters / sources mentioned
- Shivam (guest) – ex HDFC Bank manager; current Meesho e-commerce seller (bags, stationery, kitchen items).
- Satish (host) – interviewer/channel presenter.