In conclusion, MIT MARKED offers numerous benefits to its users, which include reducing costs associated with the traditional supply chain. These cost reductions are achieved by addressing issues such as theft, product damage and expiration, electricity and utility expenses, store lease costs, space adaptation expenses, shelves and display costs, equipment and location maintenance costs, storage costs, sales personnel payroll expenses, security expenses, and financial costs.
The stakeholders in the food supply chain, such as retailers and store-to-store manufacturers or distributors, are already operating and their integration into the MIT MARKED business model can be effectively managed.
As an e-commerce platform, MIT MARKED benefits from the price difference between what the consumer pays and what the manufacturer or distributor charges for the goods. However, it could also benefit from the financial returns generated by the time lapse between sales income and payments to manufacturers and distributors, which are often on credit terms of 30, 60, or even 90 days.
It is worth noting that in the city of Bogotá, with an approximate population of 8,000,000 inhabitants, there are 80,000 neighborhood stores registered, not including bakeries and places where fruits and vegetables are sold, which could be possible allies.
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