Understanding Meesho
Understanding Price Recommendation
How does it helps suppliers
If the supplier lists the product at the wrong price, then it will not sell enough which is ultimately not good for Meesho as a platform. For sure the supplier will not be successful but also the demand will be left unfulfilled.
How does it helps business
Meesho goal is to become a platform where product will be listed at lowest price as compared to other E-commerce giants. As according to our metrics its clearly seen lesser prices leads to more orders. So through lowest prices we want to increase our overall orders growth.
Let’s try to understand what we want to solve in this: