Take a look at this checkout page on pepperfry.com:
So, technically, I am just 1 click away from BUYING a Rs 95 priced GARNIER MEN HAIR COLOR PRODUCT FOR Rs 15!!!!
This includes FREE SHIPPING AT HOME.
Now, I found out that pepperfry.com has got 5 million US$ in funding.
That’s Rs 25 CRORES.
Assume that they have 24 Crores in the bank (1 crore spent already), it means that IF AN ORDER COMES, then they can BUY 25 lacs PACKS OF THIS PRODUCT = 24 CRORES in SPENDS (actually they will get it even less than Rs 90 if they buy 25 lacs from Garnier).
Now, I have to spend Rs 15* 25 lacs = 4. 25 CRORES on pepperfry.com!
I get the product delivered to a warehouse.
And then SELL 25 lacs GARNIER PACKS BACK in the market at Rs 80 = Rs 20 CRORES
I WILL MAKE 15 CRORES from this deal!!!!
Pepperfry will SHOW in its books:
Sales of 4.25 CRORES + all the accounting jugglery to show the FREE discounts as SALE to PROVE that the sale was 25 CRORES!!
They have a SALE OF 25 CRORES IN ONE DAY
They will get 250 MILLION DOLLARS FUNDING AND I WILL AGAIN BUY ALL THEIR GOODS!!!
I just figured – PEPPER IS THE BEST SPICE I EVER LIKED, WILL LIKE!!!
LONG LIVE PEPPER, LONG LIVE E-COMMERCE IN INDIA!!
UPDATE – 1955 PM!
The Garnier Item has been removed from the site>>>???????
The ‘Pepper Points’ are no longer visible???
Oh my God, WHO MOVED MY PEPPER???
UPDATE 2014 PM!
BOUGHT THE PRODUCT!!
YIPPEE PAID RS 15!