The Model: A
platform for farmers to sell their produce directly to customers. A local
network of customers and producers is formed called a Food Assembly. Customers
in that assembly can access online what producers are offering and can make
purchases online itself. Once a week, an Assembly takes place in a local venue
where the customer can go and pick up the produce. Every Assembly has a host
who puts the group together and organizes these weekly meets.
Startup Doing It: LaRuche Qui Dit Oui (French startup)
What I Like:
Core Idea – Connecting
farmers to customers is a great concept. Farmers get better margins on their
products. Customers get to order fresh produce, directly from the farms.
Good Execution Model
– Selling products through networks is great. Logistics & supply chain
challenges will not be faced in this model.
Scalable – The
startup model is open and scalable. Anyone having a local network and a venue
to organize weekly meetups can apply to be a host.
My Concerns:
Better Incentives for
Hosts – I feel hosts need to be incentivized a bit more, as they are the
ones driving the startup. A host needs to market the Assembly in the local
area. Also the venue and the weekly meet have to be organized by the host. A
host can decide to organize meets separately from Food Assembly to get higher
margins from farmers. A suggestion is that since hosts are growth drivers,
giving them some equity in the startup can be looked at. This way their
interests become aligned with the startup’s interest.
No comments:
Post a Comment
What do you have to say about this post?