How 5-Min DELIVERY Is Making You POOR! | Ankur Warikoo Hindi

"On an average, if any household family in this house uses quick commerce apps. On an average, he is losing ₹1,000 per year."

"₹12,000 on things that they are not buying. And I will tell you why."

"Platform Fee. The Platform Fee is a charge to you to use the Platform. [...] It started from ₹2. [...] Then in January 2024 Zomato ₹4 SGI became ₹5. Zomato also increased it to ₹5 in April 2024. In July both increased it to ₹6. In October 2024, both increased to ₹10."

"Then came the handling charges. [...] ₹13 to ₹21 depending on the size of the order. [...] If it is raining or difficult to deliver the order, a search charge also applies."

"So your total amount can be anywhere between ₹75 to ₹80. Meaning you are buying something worth ₹45 for ₹75 or ₹80."

"There is somebody who figures I wo n't take a brand name. They show different pricing for iPhone users and for Android users. Because they know that iPhone users are more price flexible because they have purchased an iPhone. So something that might cost ₹20 could cost ₹30 or ₹35 on the iPhone."

"Uber wasn't a search pricing company, but it figured that if your battery was only 5 or 10%, you would accept any price. So it use to just show annoyance price. If the phone's battery is only 5 or 10% left because they know that this person is looking for a car. The phone can go out at any time and there will be that anxiety that if the phone battery goes out then you might not be able to get a car or a cab. So they will just accept anything at that point."

"And number three, probably the most important, is you have no idea how much you are spending on a monthly basis. Not even an idea. I talk to so many people on Money Matters who are addicted to these quick commerce apps. And if I ask them how many orders do you place per month and then actually look at their bank statement. It is at least a difference of two to three times. People feel that they are spending ₹4000. He is spending ₹1000."

"Then on top of that they also took subscription because the subscription is sold as if there is no idea at all. You can buy it for 3 months for ₹300 and for the whole year for ₹1000 because delivery is free."

"At the beginning of the month, a list was made of what we would need for the month. We used to take that list to a shop and hand it over to brother and say, brother, please collect all these things. We used to make one bulk purchase at a time. Used to buy bigger sizes which are cheaper per unit. Used to buy in bulk. He used to plan and then buy all the things for the month as per his needs."

"And For That You Know What Please Go Ahead And Order It On This Quick Commerce Apps. No problem. But if you find yourself ordering from these apps multiple times every day. You have a problem my friend."