Great Companies: How did you get your idea or concept for the business?
Pramod Tripathi: A few years ago I went to a local shop to buy a mobile phone, there I saw that the local shopkeeper is giving cheaper goods than e-commerce, at the same time I got the idea why not create a digital platform for the local shopkeepers
Great Companies: What are the various services provided by OLM (Online Local Market)?
Pramod Tripathi: One can compare the prices of products from e-commerce and local sellers as well as avail free home delivery from local sellers as well
Great Companies: What makes OLM (Online Local Market) different from hundreds of other similar service providers?
Pramod Tripathi: You can compare the price of local shop and e-commerce products, which no company is doing now, and you can also do bargaining with local shopkeepers, for this there is also a facility of chat box.
Great Companies: What were the struggles and challenges you faced and how did you overcome them?
Pramod Tripathi: The biggest challenge was to connect a large network of shopkeepers to the company. For this, I personally had to meet shopkeepers from almost all over India and explain to them that in this era of online, the crowd at the shops has reduced, which is also affecting their earnings and there is a need to tell the customers that the shopkeepers are better than online. giving cheap stuff. The shopkeepers were sensible, soon they took my words seriously and decided to join me
Great Companies: How do you plan to grow in the future? What does 5 years down the line look like for OLM (Online Local Market)?
Pramod Tripathi: If the shopkeeper also earns then he will pay income tax, he will pay tax when he buys property, he will pay tax when he buys gold, he will pay tax when he buys car, he will pay tax when he invests in stock market, he will pay tax when he expands his business, he will pay tax and this is possible only when his cell will grow
I think this will increase India's GDP very fast, India's economic activity will increase very fast, employment will increase very fast, TEX's revenue will increase a lot, and India's progress will also increase a lot.
And in next 5 years almost every customer of India will return to local shopkeepers which will prove to be helpful in India's development
Great Companies: If you had one piece of advice to someone just starting out, what would it be?
Pramod Tripathi: Everyone has a problem and there is no problem that doesn't have a solution, Sometimes the answers to the questions are found in the question itself, just try to find them, the way will automatically find you.