FSN E-Commerce Ventures Limited CC-Jun24.pdf · 2024-08-13
Yes. So my question was on the margin side. You mentioned that 8.5% - 9.0% is what you should see in terms of sustenance for the BPC business. Now the major levers, right? And one is in terms of ad revenue, seeing traction. Second is in terms of going you going for lower lead times and they're probably improving in terms of cus tomer experience. And third, of course, lower losses in the B2B business side and also private label. So despite having so many levers and also discounts moderating from year on going year, as we indicated. So despite having so many levers, what makes it that you are confident of improvement in terms of margins for the BPC segment?
Right. So the second is a follow -up on the same thing. So let's say, if the beauty.com margins are similar and you plan to invest behind customer acquisition, can growth rates accelerate beyond 25% - 28% in the BPC business?