Emerging Market Retail is Inefficient

In developing markets, traditional retailers sell thousands of products every year. In Latin America, there are over 10 million traditional retailers who represent some 40% of sales volume in the region. In India alone, there are 13 million traditional retailers in a fast moving consumer goods projected to reach $100 billion by 2025.

However, armed with with little more than a pen and paper, retailers fail to track sales and expenses accurately.

Healthy businesses suffer because retailers are unable to make crucial decisions on purchasing, inventory management, and capital expenditures

 

Traditional Retail vs Modern Retail in Emerging Markets

% Traditional

Bolivia
92%
India
86%
Peru
70%
Argentina
60%
Mexico
58%
Brazil
49%
Colombia
41%
Source: Fundes and Nielsen

COVID-19 has brought us to the breaking point of pen and paper

Retailers are struggling with several challenges:

Loss of In-Person Sales

Inability to Accept Digital Payments

No E-Commerce Presence

Lack Access to Credit and Financing

Difficulty Delivering Orders

Purchasing from Suppliers is Difficult

Gyaan Tel Empowers Marketers and Retailers on a Mobile First Platform

We enable SME retailers to optimize supplier purchasing decisions, track sales and inventory, and access financing and credit.

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Our B2B Model For Distributors and Retailers

Step 1: Retailer Installs Gyaan Tel App

Gyaan Tel app is downloaded with pre-loaded products that can be customized for retailer inventory

Step 2: Retailer views products from multiple suppliers

Retailer can view product catalog from multiple suppliers that they work with across product categories.

Step 3: Selects products from cart and pays via mobile wallet, card or alternative lender

Retailers can pay suppliers and distributors through multiple payment gateways or they can allow a third party, alternative lender to make a payment on their behalf.

Step 4: Products are delivered by distributor and electronically added to retailer inventory

Distributors can avail route planning tools and make scheduled deliveries to retailers. Retailer inventory is electronically updated once they accept a digital invoice.

Step 5: Retailer sells products to consumers using bluettooth barcode scanner, inventory is debited

Retailer has the option of using a bluetooth barcode scanner to manage inventory and sales or a touch screen menu. Inventory is debited from stock once sold to consumers.

Step 6: Retailer reorders products via Gyaan Tel App, receives AI recomendations on appropriate level of stock

Retailer reorders products from suppliers and receives artificial intelligence based recommendations on optimum stocking levels for products.

Our B2C Model for Retailers and Consumers

Step 1: Consumer visits micro website for retailer, enters phone number and one time password

Consumers don't need to download an app to view retailer product catalogs and make orders. They just need their phone number and a one time password.

Step 2: Consumer views product offers and retailer online catalog

Consumers can view retailer online catalog's across categories, avail special offers and discounts

Step 3: Selects products from cart and pays via mobile wallet, card or alternative lender

Retailers can choose to pay retailer via several different payment options including mobile wallet, card, or alternative lenders

Step 4: Products are delivered by retailer and debited from retailer inventory

Consumer receives products from retailer and the retailer's stock level is debited.

Step 5: Retailer has option to extend credit to consumer and settle payment via mobile wallet platforms

Retailers can extend credit to specific customers, send follow up messages, and settle payment via mobile wallet platforms

Step 6: Consumer reorders products via retailer micro website and can select items that are to be ordered weekly

Consumer has option to choose items that should be delivered on a weekly basis via micro website.

Our Team

Nishant Dixit - Co-founder and CEO

Nishant started researching and working on Gyaan Tel in 2015 after spending a year in India working on entrepreneurship development projects with the Tibetan Government in Exile with TechnoServe. He began his career as a management consultant for IBM Global Business Services, focusing on the company’s growth in emerging markets. He has also worked alongside start-ups from Argentina, South Africa, Turkey, and Uruguay as a consultant for Endeavor Global.
He is a graduate of Columbia University where he earned a Bachelor of Arts in Middle East and Asian Languages and Cultures.

Juan Carlos Avalos - Co-founder and CTO

Juan Carlos grew up in Buenos Argentina and worked in traditional retail shops throughout high school. He has a passion for making technology accessible. Juan Carlos has 8 years of experience in software development for banking and ATMs with CrediLogro$ and Banco Galicia

He is a graduate of the National Technological University of Argentina in Buenos Aires

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