the challenges and problems faced by e-commerce companies
Post on 10-May-2015
399 Views
Preview:
DESCRIPTION
TRANSCRIPT
Do u Shop Online?
Retailers built a fortress againstOnline Onslaught
Manpreet Singh MBA3/1329Sanket Bhawarkar/1360
Ajay Puranik/1305Shiveen/1364Heena/1325
Present Scenario
$500 billion (Rs. 30 lac crore) is the size of India’s retail sector $3.1 Bn (Rs. 18600 Cr) is the size of Indian E-Commerce
industry, Expected to be $16Bn by 2016 (88% Growth rate)
Flipkart- $1bn sales, Myntra & Snapdealare expecting by 2015
Funding Received :Flipkart $560Mn
Snapdeal $134Mn , Ebay is one of the major investor, 20%
Myntra $125Mn
Synopsis-Amazon vs Radioshack
- Reason: Price & Varieties, Both are good online
0
20
40
60
80
2003 2013
Amazon
RS
Revenue Growth (in Bn$)
- Picture is not Rosy for Online too- Lenovo’s Statement about warranty authorization
Keeping Prices Fair-Decreasing Footfalls in malls, Trail room- Mall’s Demands to Brands- Nike, Adidas, TommyH, UCB concern
- Online Market Place Process- MRP, Floor Price, CCI
Problem Statement
- How to build Trust related to Warranty, Authorization?
- Carryon PriceWar, uptill when?
- How to provide a Physical experience?
- Payment Related fear in India, How to deal?
- Develop a strategy to stand against future threats.Walmart Online, Future bazaar.com
Recommended Solutions- Seller ratings & Reviews. - Exclusive Launches like Moto G
- Price War: “We Believe in a level playing Field” – M.Bansal ceo Myntra
“We have gone through it”, but it has now settled down.There’s hardly any price undercutting on travel portals now.Booking flights or hotels through travel portals is a matter ofconvenience and choice, rather than about pricing”
Deep Kalra MMT
- Range of items while Delivery
- Educate people about Online Payment, Secure payment systems, Reduce refund time
What lies in the future?
Omni Channel Retailing is changing the face of the retailing n the future.
Thank You
top related