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Marketplaces and quick commerce

Use AI to list accurately, read your funnel honestly and keep the margin in view on shelves you rent from someone else.

The short version

Adapted from Chapter 12 of my book, Unleash Your Business With AI. Where the text mentions another chapter, it means a chapter of the book.

Moms Home is a baby essentials brand from Jaipur. By its founder's figures it closed FY25 with total revenue of ₹17.65 crore. That is larger than the business this book is written for, but closer to it than most published stories. In early 2025 it listed on Blinkit and Zepto, and in August 2025 on Instamart. What it sold there was curated kits: the newborn kit, the hospital bag [1].

The founder's numbers, reported by Inc42 in October 2026, are these. Quick commerce revenue went from about ₹1 crore in FY25 to about ₹10 crore in FY26. Total revenue went from ₹17.65 crore to about ₹35 crore [1].

That is the half of the story that gets forwarded. The same article gives the other half. The contribution margin on quick commerce started at 20 to 25% and fell to about 10 to 15% as the channel grew [1]. More sales, and a smaller share of each sale kept.

Both halves are true together, and that is the subject of this chapter. Marketplaces and quick commerce apps can add orders quickly. They also charge for it. AI helps with three jobs here: writing accurate listings, reading your funnel, and keeping the margin arithmetic in front of you. It does not decide your price, your pack or your advertising budget. You do.

A shelf you rent

In your showroom or on your own website, you own the shelf. On Amazon, Flipkart, Meesho, Blinkit, Zepto or Instamart, you rent it. The landlord decides where your product appears, what a better position costs and when you are paid.

The quick commerce landlords are now very large. These figures come from news coverage of company results and of Zepto's IPO filing, not from the filings themselves.

Platform Period Size Profit picture
Blinkit Quarter to September 2026 Net order value ₹20,940 crore, up 79.3% year on year; 2,751 stores [2] Adjusted EBITDA ₹184 crore [2]
Swiggy Instamart Same quarter Gross order value ₹9,230 crore, up 31%; 1,240 dark stores in 133 cities [3] Contribution margin -1%; adjusted EBITDA loss ₹895 crore [3]
Zepto FY26 Revenue from operations ₹22,624 crore (FY25: ₹11,110 crore); 1,139 dark stores at end of March 2026 [4] Net loss ₹5,905 crore [4]

Read the table twice. The first reading says the channel is big and still growing fast. The second says two of the three are still reporting losses. All of them earn from brands as well as from shoppers. Zepto's advertising revenue was ₹1,636 crore in FY26 against ₹651 crore in FY25, about 8% of its net revenue value [4]. Pee Safe, a personal hygiene brand, cites advertising costs of ₹8,000 to 10,000 per thousand impressions in some categories, with settlement typically within 30 days [5].

So when a seller's margin falls as the channel scales, as Moms Home's did, it should not surprise you. Plan for it before you list.

That's the first part

Read the rest, free

The seller-side AI tools, the quick commerce trade-off, the listing prompt built on a product facts sheet, how to find your biggest drop, and the sources. Enter your email once and every guide on this site opens.

  • What the sellers who did well changed
  • What the marketplaces now give sellers
  • ONDC and UPI, briefly
  • Listings from your facts sheet
  • A margin sheet for every channel
  • The funnel: find the biggest drop
  • Mistakes to avoid
  • Do this week
  • Sources

What the sellers who did well changed

None of the three stories below is about AI. They are here because they show which decisions matter on these channels, and those decisions are made by people.

A kit for one occasion. Moms Home sold curated newborn and hospital-bag kits, each built around one moment in a customer's life [1].

A pack built for the channel. Pee Safe overhauled its supply chain in late 2023 and early 2024, grew its quick commerce range from roughly 5 to 6 SKUs to more than 60, and changed pack sizes. A 12-piece acne patch pack at ₹99 replaced a 60-piece pack at ₹499 that had underperformed. Quick commerce is now 40% of its domestic revenue [5].

A share reported for every channel. Snitch, the men's fashion brand, sells through its own site, marketplaces, 115 stores and a quick-delivery service. By its founder's unaudited figures, FY26 operating revenue was ₹900 crore, up about 80%. Online is about 60% of revenue and offline about 40%, and quick commerce is about 10% of online revenue. The article does not mention AI [6].

The pattern: they shaped the product or the pack for the channel, and they knew each channel's share. Neither needs software. Both need an owner who looks.

What the marketplaces now give sellers

Every large marketplace is building AI tools for its sellers. Most of what is known about them comes from the platforms themselves, so read the figures as marketing claims.

  • Amazon says its seller base is over 20 lakh, that over 2 lakh sellers use its AI-powered listing tools, and that Seller Assistant interactions grew 7.5x year on year [7]. Inc42 reports that sellers using the assistant cut listing errors by 10% and routine operational work by nearly 70%, and that it answers in English or Hinglish [8].
  • Meesho runs an AI voice system for sellers that handles up to 300,000 calls a day [8].
  • Flipkart offers native tools for demand forecasting, pricing intelligence and trend analysis [8].

Sellers are using them. Snapdeal's survey of sellers on its own platform (sample size not stated) reports that 56% already use AI-powered solutions, and that 43% of those name product listings and content creation as their primary use [9].

Two cautions. Inc42 notes that no major marketplace publishes audited India data on what sellers earn back from advertising [8]. And the tool belongs to the landlord. It will tend to suggest more advertising, and a pricing tool will suggest a price. Use these tools for what they do well: they know the platform's own fields. Treat every suggestion about price, discount or ad spend as a suggestion. That decision stays with you (Chapter 18).

ONDC and UPI, briefly

ONDC. The network crossed 500 million cumulative transactions in July 2026, with 218 million in FY2025-26, close to nine million a month in June 2026 and more than 200,000 active retail merchants. A large part of that activity is mobility and public transport ticketing, at more than 370,000 public transport journeys a day [10]. The research for this book found no dated, named seller success story from 2025 or 2026. Worth a listing if your category is live on it. Not yet a channel to build a year's plan on.

UPI. In October 2026 UPI carried 25.47 billion transactions worth ₹31.53 lakh crore [11]. For a seller the news is about cost. NPCI had set a Merchant Discount Rate on select UPI merchant payments to begin on 15 October 2026, then postponed it, with a new date to be announced [11][12]. The proposed framework is 0.4%, capped at ₹300 per transaction, for large merchants on payments above ₹2,000, with a flat ₹5 in railways, telecom, insurance and fuel. NPCI estimates about 4% of merchant transactions would be affected [11]. Who counts as a "large merchant" was not confirmed. Ask your bank and your CA before changing anything.

Listings from your facts sheet

AI is good at structure and wording. It is dangerous with facts. So the system has four parts: facts from you, structure from AI, rules from the marketplace, and a check by a person.

The facts come from your product facts sheet, one row per product, containing only what you can stand behind. Chapter 14 shows how to build it. If you do not have one yet, write the row for one product before you use the prompt below.

  1. Open the current style guide for your category in your seller account. Copy the title format, length limits, bullet rules, restricted words and image rules. These change and differ by category. An AI assistant does not reliably know the current version, so you must paste it.
  2. Copy the product's row from the facts sheet.
  3. Collect the words customers use: search bar suggestions, your own search term reports, the questions buyers ask.
  4. Run the prompt.
  5. Check the list of facts against the physical product. Then a person uploads it.
Copy this prompt
You are helping me write a marketplace listing. You arrange words. You do not supply facts.

Marketplace and category: [e.g. Amazon, Kitchen storage]
Category rules, copied from the current style guide: [paste title format, character limits, bullet rules, restricted words]
Product facts, from our product facts sheet (the only source of truth): [paste the product's row]
Words customers use when they search or ask: [paste list]

Write:
1. A title that follows the category format and length limit exactly.
2. Five bullet points. Each starts with a short benefit, then gives the fact that supports it.
3. A product description in short paragraphs.
4. Backend search terms, within the limit, with no words repeated from the title.

Rules:
- Use only the product facts I pasted. If a common specification is missing, write <<MISSING: name of the fact>> and do not guess.
- No price, offer, discount, delivery promise or warranty term unless it is in the facts.
- No "best", "No. 1", "guaranteed" or any claim the pasted rules restrict.
- No competitor brand names anywhere.
After the listing, list every fact you used, one per line, so I can check each against the product.

What you should get back: a title, five bullets, a description, search terms and a checklist of facts, with <<MISSING>> wherever your sheet has a gap.

Check: every line of the checklist against the product in your hand, and the title length against the rule. Fill a <<MISSING>> from a supplier document or your own measurement, never from a competitor's listing.

For listings already live, run an audit before you rewrite anything.

Copy this prompt
Here are three things.
Marketplace rules for my category, copied from the current style guide: [paste]
Our current listing: [paste title, bullets and description]
The product's row from our facts sheet: [paste]

Give me three short lists:
1. Anything in the listing that may break the rules I pasted.
2. Any claim in the listing that the facts sheet does not support.
3. Important facts in the sheet that the listing leaves out.
Then suggest an improved title and bullets within the rules.
Use only what I pasted. Do not add facts. If you are unsure whether something breaks a rule, say so.

What you should get back: three lists and a revised title and bullets. The second list protects you. An unsupported claim is one a buyer can hold you to.

A margin sheet for every channel

Moms Home's lesson is to watch the margin as closely as the revenue. That needs one small sheet: a column for each channel, and a row for each thing that comes out of the selling price before the money is yours.

Example (fictional): A namkeen maker in Indore sells a 400 g pack on its own website and on a quick commerce app. The owner fills this in from last month's settlement report. All numbers are invented to show the layout, and leave out GST.

Per order Own website Quick commerce
Customer pays ₹200 ₹200
Commission and platform fees ₹6 ₹50
Advertising ₹20 ₹30
Delivery and packing ₹45 ₹10
Cost of goods ₹90 ₹90
Left for you ₹39 ₹20

The owner now knows what each order leaves behind on each channel, and can decide whether a smaller pack, a kit or a lower ad budget would change the last row.

Your rows will differ by platform: returns, storage, funded discounts and penalties belong in the sheet if you pay them. Fill it from settlement reports, not from memory. An AI assistant can set up the sheet and write the formulas. Do not ask it to do the sums itself, or to tell you your price. Chapter 18 explains why.

The funnel: find the biggest drop

Every online sale passes through the same stages. The product is shown. The page is opened. It goes into a cart. It is ordered. Sometimes it comes back. Buyers leave at every stage. Baymard Institute puts the average documented cart abandonment rate at 70.22%, an average of 50 studies [13]. Your own figure will differ. The useful comparison is between your own products, and between this month and last.

Example (fictional): A kitchenware brand in Moradabad compares two tiffins on one marketplace for one month. All numbers are illustrative.

Stage 3-tier tiffin 2-tier tiffin
Shown in search 40,000 38,000
Page opened 1,200 1,140
Added to cart 96 34
Ordered 60 21
Returned 4 6

Both are opened by 3% of the people who see them. But 8% of visitors add the 3-tier to the cart and only about 3% add the 2-tier. The 2-tier also comes back far more often. The owner opens the page and finds no photo that shows its size. Buyers either cannot judge it and leave, or guess wrong and return it.

Each drop points to a different part of the listing.

Where buyers leave Look at first
Shown, not opened Main image, title, rating, price shown
Opened, not added Other images, bullets, unanswered questions, reviews
Added, not ordered Delivery date, charges, stock, variants
Ordered, then returned Whether the listing set the wrong expectation
Copy this prompt
Below are the funnel numbers for [number] of our products on [marketplace] for [period], copied from our seller reports. There is no customer personal data in them.
[paste a table: product, times shown, page views, added to cart, orders, returns]

1. For each product, work out the percentage that moves from each stage to the next. Show the division for every figure so I can check it.
2. For each product, name the stage with the weakest percentage compared with our other products.
3. For each weak stage, list what usually affects that stage on a listing (for example main image, title, bullets, delivery charge) as questions for me to check. Do not tell me the cause. You cannot see the listing.
4. Do not recommend any price, discount or advertising budget.
Use only the numbers I pasted. If a number is missing, write "not given".

What you should get back: a percentage for every step with the working shown, one weak stage per product and a short list of questions.

Check: two of the percentages on a calculator. Then open the listing on a phone, as a buyer would, and answer the questions yourself. Fix one thing, wait a full period and compare again.

From my desk: NEWDRU, my consumer products brand, is sold on Amazon, Flipkart, Blinkit and its own website. So this chapter is written from the seller's side of the screen. My advice to any owner in that seat: know what each channel leaves you per order before you chase its growth.

Mistakes to avoid

  • Listing your existing pack on quick commerce without asking whether the channel wants a different size, price point or kit.
  • Reporting channel revenue and never the contribution per order.
  • Letting AI write a listing from "what such products usually have" and not from your facts sheet.
  • Asking an AI assistant for the marketplace's rules. Paste the current style guide yourself.
  • Accepting a platform tool's suggested price or ad budget without doing your own arithmetic.
  • Changing five things on a listing at once, so you never learn which one worked.

Do this week

  1. Build the margin sheet for your top product on every channel you sell it on, from last month's settlement reports. Circle the lowest "left for you".
  2. Run the audit prompt on your best-selling listing with the current category rules pasted in. Fix every unsupported claim it finds.
  3. Pull the funnel numbers for your top five products, run the funnel prompt and pick one weak stage on one product to fix.

Sources

  1. Inc42, feature on how Moms Home built its quick commerce business (founder-reported figures), 28 October 2026. https://inc42.com/startups/how-moms-home-built-a-₹10-cr-quick-commerce-business-by-rethinking-baby-essentials/
  2. Kotak Neo, report on Eternal's Q2 FY27 results (Blinkit figures), 21 October 2026. https://www.kotakneo.com/news/stocks/eternal-q2-results-profit-rises-revenue-growth-blinkit-adds-stores/
  3. Kotak Neo, report on Swiggy's Q2 FY27 results (Instamart figures), 23 October 2026. https://www.kotakneo.com/news/stocks/swiggy-q2-results-loss-narrows-revenue-rises-instanmart-loss-widens/
  4. Outlook Business, coverage of Zepto's IPO filing (FY26 figures), 10 June 2026. https://www.outlookbusiness.com/markets/can-zepto-catch-blinkit-what-its-ipo-filing-reveals-about-indias-quick-commerce-war
  5. Inc42, feature on Pee Safe's quick commerce business, 21 October 2026. https://inc42.com/features/how-pee-safe-built-a-profitable-quick-commerce-business-that-drives-40-domestic-sales/
  6. Inc42, report on Snitch's FY26 figures (unaudited, from the founder), 10 April 2026. https://inc42.com/?p=554737
  7. Amazon India, press release on its seller base and seller tools (vendor-published), 9 September 2026. https://press.aboutamazon.com/in/2026/9/amazon-indias-seller-base-grows-to-20-lakh-marking-strongest-growth-in-three-years
  8. Inc42, feature on Amazon, Flipkart and Meesho seller-side AI, 18 August 2026. https://inc42.com/features/amazon-flipkart-meeshos-ai-focus-shifts-to-seller-side-stacks/
  9. MediaNews4U, report on the Snapdeal Bharat Seller Report 2026 (survey of Snapdeal's own sellers; sample size not stated), 1 June 2026. https://www.medianews4u.com/56-of-online-sellers-now-use-ai-tools-to-grow-their-business-snapdeal-bharat-seller-report-2026/
  10. Cross-Border Magazine, report on ONDC reaching 500 million transactions (figure attributed to DPIIT), 7 August 2026. https://cross-border-magazine.com/ondc-500-million-transactions-india/
  11. IANS via Free Press Journal, report on October 2026 UPI transactions (NPCI data), 2 November 2026. https://www.freepressjournal.in/business/upi-transactions-hit-2547-billion-in-october-value-soars-to-3153-lakh-crore
  12. Free Press Journal, report on September 2026 UPI transactions and the planned Merchant Discount Rate, 1 October 2026. https://www.freepressjournal.in/business/upi-transactions-fall-18-in-september-to-2407-billion-ahead-of-october-15-mdr-rollout
  13. Baymard Institute, "70.22% – average documented online shopping cart abandonment rate" (an average of 50 studies), checked November 2026. https://baymard.com/lists/cart-abandonment-rate

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