Ralf Wenzel

person on 1 show · 4 statements across 2 episodes · said 1 times in 1 episodes since 2021

20VC 1

On the record as a speaker too: Ralf Wenzel across every show, appearances and statements → this page counts the times other people say the name.

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20VC 1

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4 statements about Ralf Wenzel, every show

20VC Insight
Wenzel: In-house supply chain creates high quick-commerce entry barriers
“You have to build a lot of that assortment or a lot of that procurement and supply chain infrastructure yourself. You have to become the warehouse and the logistic and the procurement company yourself. And only then you are able to fulfill the very high demand…”
Ralf Wenzel Jun 4, 2022 ▶ 15:01 Q-Commerce in Emerging Markets with the CEOs of Airlift, JOKR, & Zepto | 20VC #892 · 20VC with Harry Stebbings
20VC Assertion Contradicted
JOKR Achieves Positive Contribution Margins Across Most Micro-Fulfillment Hubs
“And we have already in the vast majority of our cities and in our neighborhoods and in the vast majority of our more than 200 micro fulfillment hubs, we are already yielding positive contribution margins after all delivery costs, picking costs, inventory losse…”
Ralf Wenzel Jan 12, 2022 ▶ 27:14 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
20VC Assertion Supported
Over 50% of JOKR's New Customer Growth is Organic
“And already more than 50% of our new customers are generated by us organically. They're coming to us through word of mouth, through organic referrals or basically other type of, like, organic channels that we've opened up. So more than 50% of our new customer …”
Ralf Wenzel Jan 12, 2022 ▶ 26:05 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
20VC Assertion Not checkable as stated
JOKR Achieves ~40% Product Margin in Most Mature Cities
“Whenever we directly procure, our product margin is around the basically 40% benchmark. We're generating that product margin already for some of our most mature cities and some of our most mature markets, as we already have a direct procurement share of above …”
Ralf Wenzel Jan 12, 2022 ▶ 6:51 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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