offline supermarket

2 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Jan 12, 2022 by Ralf Wenzel · across every show →

Everything said about offline supermarket, oldest first

Jan 12, 2022 bullish
Prediction Not checkable as stated
Grocery Shopping Will Shift to Spontaneous Frequent Purchases
“Going forward, grocery shopping will be more spontaneous. So instead of going to the offline supermarket and do a monthly shopping or grocery shopping every two weeks, That going forward, people will decide more spontaneously, and that's what we are seeing, pr…”
Ralf Wenzel Jan 12, 2022 ▶ 5:24 20VC: The Memo: Never Before Revealed Metrics; A Full Breakdown of Unit Economics Behind JOKR, How Does Emerging Markets Compare to Developed Economies & The Biggest Misnomers on Quick Commerce with Ralf Wenzel, Founder & CEO @ JOKR
Jan 12, 2022 positive
Assertion Not checkable as stated
JOKR Replaces Traditional Supermarkets, Not Convenience Stores
“What we are building with Joker is a replacement for the offline supermarket. We're not building a convenience on demand store. We're not building what other refer to as, I don't know, a quick commerce business that is centered around just snacks and alcohol.”
Ralf Wenzel Jan 12, 2022 ▶ 5:11 20VC: The Memo: Never Before Revealed Metrics; A Full Breakdown of Unit Economics Behind JOKR, How Does Emerging Markets Compare to Developed Economies & The Biggest Misnomers on Quick Commerce with Ralf Wenzel, Founder & CEO @ JOKR
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