The emergence of COVID has not destroyed much, but businesses and startups have taken advantage of some opportunities during covid and lockdown.
It says that adversity is a good mistress; when we are unable to get something, we look for other ways. We figure out new ways and try to come out of the situation.
Stepping up towards opportunities is the only way to achieve the goal.
What is CoutLoot?
CoutLoot is an online platform that provides and allows consistent interactions between buyers and sellers through its social media model. It is a transition from an offline to an online social commerce platform.
It also assists digital sellers in automatically cataloguing their products. The sellers can also share their offers with the customers through social media platforms such as WhatsApp, Facebook, and many more.
About CoutLoot Company
Jasmeet Thind is one of the co-founders of CoutLoot, which was founded in 2016. This company’s headquarter is located in Mumbai. CoutLoot has a revenue of $1.2 million and has 40+ employees.
CoutLoot has raised $34.1 million in funding. There are some competitors to CoutLoot, such as Zapyle, Poshmark, and Etashee.
The purpose of the company
The company’s motive is to enable small businesses to sell their products online across the country and directly contact customers.
Since we all know that eCommerce is a place where customers can easily access and purchase goods. CoutLoot’s mission is to assist people in accessing and getting online.
Also Read : OfBusiness : B2B E-Commerce Platform that Become Unicorn Startup
Product Categories
CoutLoot is an online marketplace that provides a variety of products and allows users to buy and sell apparel, beauty products, and a lot of beautiful accessories.
CoutLoot is the best company that provides a lot of branded products. Products are divided into different segments. This is an app-based platform for several categories of products.
It allows sellers to sell their products on different social media platforms where buyers can access them. They can also chat and bargain for products. This app is a way to get everything available to customers easily.
Empower the local market
This company aims to empower the local markets to sell online and earn profit. The mission of the company is to bring 25 million sellers online by 2023. This company is helping Indians do commerce online. It has been assisting the street shops and sellers to expand their online business since this year.
CoutLoot launched a video commerce feature
To boost small retailers, there has been a video commerce feature launched that enables the small sellers to use short online videos with the purpose of engaging potential buyers. This feature was also developed for transparency in the products.
Conclusion
The mission of CoutLoot is to inspire local and small-scale sellers to take steps towards going online. The online platform has become a part of everyone’s life. No one can think of living life without online shopping.
People are going online shopping in this era, especially after the outbreak of covid and lockdown. The creation of CoutLoot is such a blessing for all small sellers to expand their business.
Read More : Instamojo: The Journey from Payment Gateway to E-Commerce Platform
