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Online Titans in the Making: Recap of the PGP Rise Dropshipping Fair
December 12, 2024
What does it take to create, run, and profit from a business in just a single day?
The answer was on full display at the Dropshipping Fair on December 8th, organized by Cohort 3 of PGP Rise. Held at the bustling Galleria Market, the event showcased creativity, resilience, and entrepreneurial zeal, as students turned ideas into revenue-generating businesses in real-time.
Record-Breaking Revenue
The teams made a total revenue of ₹10,00,000 in one day at the dropshipping fair. These figures aren’t just impressive—they highlight the potential of hands-on learning and the entrepreneurial mindset fostered by the PGP Rise programme.
Ten Teams, Many Stories of Innovation
Ten teams worked tirelessly to set up, promote, and sell their products. Their offerings spanned a variety of categories, catering to the diverse tastes of Galleria’s shoppers.
From setting up a one-stop-shop for everyday essentials to selling unique educational tools and engaging products for kids and parents – all teams competed and gained their first experience at pitching and selling their products to customers in a crowded market in real-time.
The Fair: Where Business Meets Learning
The day wasn’t just about sales; it was an experiential learning opportunity where students put theory into practice. From marketing their products to managing customer interactions and handling inventory, every moment was a crash course in entrepreneurship.
By 7 AM, the students had their stalls ready. As the day progressed, students engaged shoppers, making pitches, and adapting on the fly to ensure success.
Why the Dropshipping Fair Matters
For the PGP Rise programme, events like the Dropshipping Fair are more than just exercises — they are transformational. They teach students to think on their feet, understand customer needs, and adapt their strategies in real-time. This approach mirrors the challenges of real-world entrepreneurship, preparing students to survive and thrive in competitive markets.
Looking Ahead
With every cohort, the bar for the Dropshipping Fair keeps rising. Cohort 3 has set a new benchmark with their impressive revenue and innovative product offerings. For Masters’ Union and PGP Rise students, this is just the beginning of many entrepreneurial journeys yet to come.
Visit our YouTube channel to explore more: Life At Masters’ Union | Explained in 3 Minutes (youtube.com).