Presented By: Shweta Gupta (082) Nishtha Malik (087) Meena Gupta (091) Shreya Saxena (099) TULIKA (104) Mba (Gen) - CD
Presented By: Shweta Gupta (082) Nishtha Malik (087) Meena Gupta (091) Shreya Saxena (099) TULIKA (104) Mba (Gen) - CD
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PRESENTED BY: SHWETA GUPTA (082) NISHTHA MALIK(087) MEENA GUPTA(091) SHREYA SAXENA(099) TULIKA(104) MBA(GEN)_CD
Flipkart One of the leading Indian e-commerce companies headquartered in Bangalore, Karnataka. Founded by SACHIN BANSAL and BINNY BANSAL in 2007 with funding of 4 lakhs. Raised two rounds of funding from Accel India and Tiger Global Management. Early focus on online sales of books and later expansion of product line Presence across various categories including multimedia, games, mobiles, electronics and many more. Offers multiple payment methods Among the top 20 Indian Web sites in terms of traffic Broke even in March 2010 and claims to have had at least 100% growth every quarter since its founding. Regarded as the Amazon of India
MISSION Providing a delightful customer experience VISION To become Amazon of India OBJECTIVE Making books easily available to anyone who has internet access
ACQUISITIONS
2011: Mime360, a digital content platform company 2011: Chakpak.com is a Bollywood news site that offers updates, news, photos and videos
2012: Letsbuy.com is India's second largest eretailer in electronics for an estimated US$ 25 million
Screenshot
COD 24*7 Customer Service Never Promise something that you dont have it built its own inventory Delivery its own courier company No-Questions-Return policy and 30 days replacement Customer preference for payment - Cash on delivery Low inventory turnover ratio Great logistics and customer first motto Promotion through word of mouth (High Goodwill)
Started with books and went on to add new products . 2 employees, 2 suppliers to 4800 employees and more than 600 suppliers. Revenue Generated:
RUPEES(IN CRORES)
4 20 75 5000
FISCAL YEAR
2008-09 2009-10 2010-11 By 2015(expected)
USP of Flipkart
Cash/Card on Delivery Easy to Order Easy to replace 9% 100 50 0
Competition
4
10
29% 62%
PURCHASE
DOT-COM GENERATIO N
TIME POOR CUSTOMERS COST EFFECTIVE NON TIER 1 CITIES LOOKIN G FOR WIDER RANGE
Bad
STRENGTHS
Quicker turnaround time Brand Supply chain mgt. Huge reach Strategic Acquisitions
WEAKNESSES
OPPORTUNITIES
THREATS
RIVALRY
NEW ENTRANTS
SUBSTITU TE
Price Wars
Low Switching Cost
CUSTOME RS
SUPPLIER S
Cost
Heavy discounts on books Free shipping for purchases above Rs. 300
Consumer
Availability of products across 14 categories Books can be ordered before they are launched Pan India presence
Marketing Mix
Communication
Advertisements via Search Engine Optimization
Transparent Communication Once the customer places an order, progress can be tracked
Convenience
Ease of finding the product and related information Purchase at the click of a button Cash/ Card on Delivery
Word of mouth marketing strategy Customer satisfaction Heavy discounts Communication Convenience
Advertisements By Flipkart
All deliveries are done through reputed couriers If there is no courier service available in particular area, shipping is done via Government Registered Book post or Speed post. Flipkart provides free delivery on all items if your total order amount is INR300 or more. Estimated time of delivery is mentioned on every page. It may differ from one item to another. Items which are labeled 'In Stock' on their respective product pages usually takes 2-3 business days to reach the customers.
They will look at bigger investments in their supply chain and technology.
Investment will be made in large warehouses and increased automation of their process, so that the product is not delayed. They intend to enter in to various new categories and expand their current categories as well. Everything except for groceries and automobiles will be available on Flipkart in future. To go further in the value chain, Flipkart is looking at associations with a larger number of suppliers and partners, both nationally and internationally.
In India, its amazing Logistics that prove to be the game-changer and thats exactly what the folks at Flipkart have done.