final myntra and jabong

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A COMPARITIVE STUDY REPORT ON MYNTRA & JABONG Project submitted in partial fulfillment of the requirement of the award of the degree of BACHELOR OF BUSINESS ADMINISTRATION By ANKIT KUMAR (BBA/3022/10) DEPARTMENT OF MANAGEMENT BIRLA INSTITUTE OF TECHNOLOGY MESRA, RANCHI 2013

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Page 1: FINAL MYNTRA AND JABONG

A COMPARITIVE STUDY REPORT

ON

MYNTRA & JABONG

Project submitted in partial fulfillment of the requirement of the award of the degree of

BACHELOR OF BUSINESS ADMINISTRATION

By

ANKIT KUMAR

(BBA/3022/10)

DEPARTMENT OF MANAGEMENT

BIRLA INSTITUTE OF TECHNOLOGY

MESRA, RANCHI

2013

Page 2: FINAL MYNTRA AND JABONG

COMPANY PROFILE

Myntra.com is an aggregator of many brands.

It’s business model is based on procuring current

season merchandise from various brands and

making them available on the portal at the same

time as in respective retail brand outlets. All these

products are offer to customers on MRP.

BUSINESS MODEL

Page 3: FINAL MYNTRA AND JABONG

Features

It translates a superior experience

with customers.

Broader product selection.

Unmatched efficiency which leads

to a better purchasing decision.

Easy to navigate.

Good content.

Fast and responsive.

Page 4: FINAL MYNTRA AND JABONG

Jabong is from the Rocket internet group.

It’s a German investment firm that starts companies all

over the world.

Unlike the typical startups, Jabong was an e-commerce

initiative from Rocket internet group itself.

There are no founders in the traditional sense-ie., there

had been nobody who worked for sweat equity to build a

proof of market opportunity and ramped up the business

from there.

Since it was founded by an investment firm, they had

huge investments from day1, and Rocket group had

assembled (employed) a team of good e-commerce

executives.

Page 5: FINAL MYNTRA AND JABONG

Active community.

Easy to navigate.

Good content.

Good deals.

Site is fast and responsive.

FEATURES

Page 6: FINAL MYNTRA AND JABONG

RESEARCH OBJECTIVES

Find level of satisfaction on various parameters of

Myntra.com and jabong.com users.

Access the Customer’s knowledge related to use of e-

commerce websites.

Page 7: FINAL MYNTRA AND JABONG

RESEARCH METHODOLOGY

Primary data:- As per my research primary data is collected through questionnaire

which is filled by e-commerce website users.

Sample Size: 60.

Secondary data:- www.myntra.com

www.jabong.com

www.google.com

Books:-

C.R KHOTHARI

Page 8: FINAL MYNTRA AND JABONG

INTERPRETATION OF RESULTS

50.87%49.12%

Ratio of males & females

Male

Female

Page 9: FINAL MYNTRA AND JABONG

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%

80.00%

90.00%

upto 18 18-22 23-35 36 & above

1.75%

87.71%

10.52%

0%

Ratio of ages

Page 10: FINAL MYNTRA AND JABONG

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Yes No

100%

0%

Do you use e-commerce websites

Page 11: FINAL MYNTRA AND JABONG

57.89%

21.05%

21.05%Myntra

Jabong

Others

Which website do you prefer/use for shopping

purpose?

Page 12: FINAL MYNTRA AND JABONG

Myntra users who think website is user friendly.

93.93%

6.06%

Myntra users

Yes

No

Page 13: FINAL MYNTRA AND JABONG

Jabong users who think website is user friendly.

8.33%

91.66%

Jabong users

No

Yes

Page 14: FINAL MYNTRA AND JABONG

Other users who think website is user friendly.

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Yes No

100%

0%

Other users

Page 15: FINAL MYNTRA AND JABONG

Which parameter do you prefer for selecting this particular

website?

20%

24%

35%

21%

Offers

DiscountCoupons

DeliveryTime

PaymentMode

Page 16: FINAL MYNTRA AND JABONG

How did you get information about the website?

37.93%

56.89%

5.17%

T.V/News

Family/Friends

Recommend

Page 17: FINAL MYNTRA AND JABONG

Did promotion strategy of website affects your

buying decision?

66.66%33.33%

Affected

Not Affected

Page 18: FINAL MYNTRA AND JABONG

Users who are affected by promotion strategy of Myntra.

69.69%

30.30%

Affected

Not Affected

Page 19: FINAL MYNTRA AND JABONG

Users who are affected by promotion strategy ofJabong.

75%

25%Affected

Not Affected

Page 20: FINAL MYNTRA AND JABONG

Users who are affected by promotion strategy of other Websites.

50%50%

Affected Not Affected

Page 21: FINAL MYNTRA AND JABONG

All the users of Myntra, Jabong & Others who feel secure

while making payment online?

83%

17%

Secure Not Secure

Page 22: FINAL MYNTRA AND JABONG

Are you satisfied with the return policy of the

website?

83.33%

16.67%

Satisfied

Not Satisfied

Page 23: FINAL MYNTRA AND JABONG

Percentage of users who are satisfied with the return policy of

Jabong, Mynta & Others.

83.33%

16.67%

Satisfied

Not Satisfied

Page 24: FINAL MYNTRA AND JABONG

Suggestions & feedback given by users for

improving of services of the websites:-

Return policy should be more clear.

The price of some products are higher than the local market price.

Sometimes the original product differs from the actual one whichare displayed on the website.

Allow two or more discount coupons to apply on a single product.

Instead to compelling the customer to courier back the unwantedproducts, there should be a provision to collect the product from

customers address.

Page 25: FINAL MYNTRA AND JABONG

FINDINGS & CONCLUSIONS

•All the respondents have the knowledge about e-commerce websites.

•57.89% were the users of Myntra, 21.07 % use Jabong & 21.07 %

uses other shopping websites.

•6.06% users of Myntra, 8.33% of Jabong & no one of Other shopping

website users felt insecure while making online payment.

•20% of users were influenced by Offers, 24% by Discount coupons,

35% by Delivery time & 21% by Payment mode.

•83.77% users of all the websites were satisfied with the return policy

of their websites.

Page 26: FINAL MYNTRA AND JABONG

QUESTIONNAIRE

1. Do you use e-commerce wesite?

Yes No

2. Which website do you use/prefer for shopping purpose?

Myntra Jabong Others

3. Do you think that website is user friendly?

Yes No

4. Which factor do you prefer for selecting for this particular

website?

Offers Discount Coupons

Delivery Time Payment Mode

5. How do you get information about your website?

T.V/Newspaper Friend/Family

Recommend

Page 27: FINAL MYNTRA AND JABONG

6 Did promotion strategy of your website affect your

buying decision?

Yes No

7 Do you feel secure while making payment online

through your website?

Yes No

8 Are you satisfied with the return policy of the website?

Yes No

9 Do u have any suggestions/feedback regarding the

website(Please specify)

………………………………………………………………………

………………………………………………………………………

………………………………………………………………………

Page 28: FINAL MYNTRA AND JABONG