The Prof G Pod with Scott Galloway So Long, Spotify + Super Fast Delivery — with Ralf Wenzel (CEO of JOKR)
Feb 3, 2022
Ralf Wenzel, founder and CEO of JOKR, discusses the revolutionary approach of instant grocery delivery. He shares insights on merging corner store convenience with supermarket variety and the challenges of supply chain efficiency. The conversation also touches on censorship in media, particularly regarding misinformation on platforms like Spotify, and the ethical responsibilities of companies. Additionally, Wenzel reflects on cultural differences in entrepreneurship between Germany and Latin America, emphasizing the importance of relationships and risk-taking in business.
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JOKR's Value Proposition
- JOKR offers personalized online retail, addressing shortfalls of existing platforms.
- It aims to control the entire customer experience, from sourcing to delivery.
Early Delivery Services
- Urban Fetch and Cosmo offered fast delivery 20 years ago.
- Galloway asks how JOKR differs, acknowledging those services may have been ahead of their time.
Evolving Consumer Needs
- Consumer needs are more sophisticated now, requiring better data analysis and personalization.
- Machine learning and data science enable better prediction and tailored experiences.