online shopping
TRANSCRIPT
Employs 2000+ people
Snapdeal is one of the first and largest online marketplaces in India
In June 2014, Snapdeal announced that it has achieved the milestone of 1000 sellers on its platform getting sales of over Rs 1 crore.
Snapdeal has raised around $340 million in five rounds of funding so far.
Snapdeal Diwali Bumper Sale - Fashion & Home Care Product Buy 1 Get 1 Free
In 2013, it reported net earnings of $274 million on sales of $74.45 billion - a margin of a little over 0.3 per cent.
Upto 30% and more off on mobiles and electronics
Flat 50% and more off on clothes and accessories
Flat 30% and more off on sports and fitness products
Men footwear- flat 40% and more off
Beauty and health- flat 30% and more off
Appliances, home and kitchen products-upto 50% off
FabFurnish, a two-year old e-retailer of furniture
and home décor aspires to earn Rs 200 crore in
its next fiscal year. While it houses various brands
in the home décor category, furniture products
are its own and brings in the maximum profits.
It designs and sells its own furniture products as it
can provide products at various price bands.
In India, there is a lack of brands selling
standardized products in the current price
ranges.
Profit margins of upto 40% or more
Myntra has capitalized on the advantages provided by
private labels and has about 10 private labels on its
portal currently along with selling its own fashion
products.
These account for about 20% of Myntra’s sales. Targeting
revenue of Rs 1,500 crore by next year, it is planning to
tie up with more labels and introduce more purchase
options to its customers in the next few months.
In addition to product differentiation, Myntra also plans
to alter its marketing strategy slightly with focus on
certain private labels. Some of them have become large
and it plans to create their brand identities beyond
Myntra and probably sell them in other online and offline
stores.
Jabong, another fashion and lifestyle portal, has also tied
up with private labels and plans to launch four private
labels this month.
In less than 20 months, Jabong.com has become the
third-most visited online shopping website after
Myntra.com and Flipkart.com
Jabong.com, a part of the Germany’s Rocket Internet
group, gets around 14,000 orders daily, Mohan said.
More than 60% of India’s 73.9 million Internet users visit
online retail websites, spending an average of 28.4
minutes, less than what people spend in countries such
as China, Russia, Brazil and even the worldwide average
of 84.3 minutes.
Ezoneonline is an exclusive electronics and a leading online shopping website.
In Ezoneonline online store purchase branded, durable, quality and cheaper priced products. The products offered include home electronics to personal electronics products. The products offered at Ezoneonline are available for cheaper price along with good amount of discount.
Ezoneonline strives to deliver the best branded and quality products to their valuable customers. It also ensures to provide the best and happy online shopping experience along with quality service, affordability, reliability and convenience.
Ezone is seeing same-store-sales growth (from increase in sales in existing stores) of over 30 per cent and has turned profitable this year.
LocalBanya.com is Mumbai's first online supermarket.
They offer all categories ranging from fruits, vegetables, exotic vegetables, groceries, personal care, household detergents, kitchen ware, OTC, breakfast, snacks and still counting.
The website claims to processes around 400 deliveries every day and has a team of over 100 employees.
With this latest round of funding, LocalBanya has raised a cumulative $20 million in cash and kind since starting up in May 2012.
Bluestone.com is an online jewellery retailer that caters under its own brand ‘bluestone’. The website is known for its jewellery that is both of high quality and exquisite design. Bluestone has designing that’s inspired from life and it specializes in designing jewellery that is both personal and unique.
Scores of working women visit Bluestone.com every month, looking for jewellery for daily use. The company invites consumers wary of making high-value purchases online to try its services through a full-refund guarantee for a 30-day period.
Started in April 2012, the website has annual revenue of Rs 35 crore. It expects to break even and record revenue of Rs 120 crore in 2014-15.
Flipkart is the leading e-commerce company.
Today, they are present across various
categories including movies, music, games,
mobiles, cameras, computers, healthcare and
personal products, home appliances and
electronics, stationery, perfumes, toys,
apparels, shoes – and still counting!
In February, its annual sales have hit $1 billion
(about Rs 6,000 crore).
Flipkart has said growth, not profit, is its target
right now.
“Be it our path-breaking services like Cash on Delivery, a 30-day replacement policy, EMI options, free shipping - and of course the great prices that we offer, everything we do revolves around our obsession with providing our customers a memorable online shopping experience. Then there's our dedicated Flipkart delivery partners who work round the clock to personally make sure the packages reach on time. So it's no surprise that we're a favourite online shopping destination.”
eBay is the world's online marketplace; a
place for buyers and sellers to come
together and trade almost anything.
Revenue= US$16.05 billion
Profits upto 79%