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Snapdeal

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snap deal,  e-commerce, is the trading in products or services using computer networks, such as the Internet.

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Snapdeal

  1. 1. Company Presentation Made by:- Tanu Priyanka Sharma MBA-2K14, YMCAUST
  2. 2. e-Commerce  e-commercee-commerce, is the trading in products or services using, is the trading in products or services using computer networks, such as the Internet.computer networks, such as the Internet. Electronic commerce draws on technologies such as mobileElectronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chaincommerce, electronic funds transfer, supply chain management, Internet marketing, online transactionmanagement, Internet marketing, online transaction processing, electronic data interchange (EDI), inventoryprocessing, electronic data interchange (EDI), inventory management systems, and automated data collection systemsmanagement systems, and automated data collection systems Online shoppingOnline shopping is a form of electronic commerce whichis a form of electronic commerce which allows consumers to directly buy goods or services from a sellerallows consumers to directly buy goods or services from a seller over the Internet using a web browserover the Internet using a web browser.. 
  3. 3. Alternative names are: e-web-store, e-shop, e-store, Internet shop, web-shop, web-store, online store, online storefront and virtual store. In India, the Information Technology Act 2000 governs the basic applicability of e-commerce. Mobile commerce (or m-commerce) describes purchasing from an online retailer's mobile optimized online site or app.
  4. 4. Buying process  Customers:-Online customers must have access to the Internet and a valid method of payment in order to complete a transaction.  Product selection:-Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine.  Payment:-Online shoppers commonly use a credit card or C.O.D in order to make payments.  Product delivery:-Once a payment has been accepted, the goods or services can be delivered using retail package delivery services like Fedex ,Bluedart etc.
  5. 5. Key Information  Key people kunal Bahel (Chairman) Rohit Bansal (CEO)  Services E-commerce (Online shopping)  Revenue 600 crore FY2014 (US$ 1 billion)  Number of 5,000(2015) employees  Subsidiaries Myntra  Slogan Bachatey raho  Website www.snapdeal.com
  6. 6. SNAPDEAL MISSION VISION Aims at making life fun for consumers. We have a simple business philosophy; we just do not offer best prices; we offer great experiences ! You do not need to spend a fortune to enjoy what you love; we are just a click away. To create India’s most powerful digital commerce ecosystem that creates life changing experiences for buyers and sellers.
  7. 7. Snapdeal funding Round 1: In January 2011, Snapdeal received a funding of $12 million from Nexus Venture Partners and Indo-US Venture Partners. Round 2: In July 2011, the company raised a further $45 million from Bessemer Venture Partners, along with existing investors Nexus Venture Partners and Indo-US Venture Partners. Round 3: Snapdeal then raised a 3rd round of funding worth $50 million from eBay and received participation from existing investors – i.e. Bessemer Venture Partners, Nexus Venture and IndoUS Venture Partners. Round 4: Snapdeal received its 4th round of funding of $133 million on Feb-2014. The 4th round of funding was led by eBay with all the current institutional investors, including Kalaari Capital, Nexus Venture Partners, Bessemer Venture Partners, Intel Capital and Saama Capital all participating.
  8. 8. Round 5: Snapdeal received its 5th round of funding of $105 million in May-2014. The 5th round included investments by Blackrock, Temasek Holdings, PremjiInvest and others.The round valued Snapdeal at $1,000,000,000. Round 6: Snapdeal received its 6th round of funding in Oct-2014 from Softbank with investments worth $647 million in fresh capital.This makes SoftBank the largest investor in Snapdeal. Round 7: Snapdeal received its 7th round of funding in Aug-2015 from Alibaba Group, Foxconn and SoftBank with investments worth $500 million in fresh capital. Round 11:One of the world's largest pension funds, Ontario Teachers' Pension Plan, and Singapore-based investment entity Brother Fortune Apparel have led the 11th round of funding in online marketplace player Snapdeal. The latest investment is $200 million (Rs 1,367.6 crore) in Jasper Infotech-owned company.
  9. 9. In June 2011, Snapdeal acquired Bangalore-based group buying site, Grabbon.com. In April 2012, Snapdeal acquired esportsbuy.com, an online sports goods retailer based out of Delhi. In May 2013, Snapdeal acquired Shopo.in, an online marketplace for Indian handicraft products. In April 2014, Snapdeal acquired fashion products discovery site, Doozton.com. In December 2014, Snapdeal acquired gifting recommendation site, Wishpicker.com. In January 2015, Snapdeal acquired a stake in product comparison website Smartprix.com. In February 2015, Snapdeal acquired luxury fashion products discovery site, Exclusively.in. ACQUISITIONS
  10. 10. In March 2015, Snapdeal acquired 20% stake in logistics service company Gojavas.com.It currently owns a 50% stake in GoJavas valued at $35 million. In March 2015, Snapdeal acquired ecommerce management software and fulfillment solution provider, Unicommerce.com. In March 2015, Snapdeal entered into the financial services marketplace by acquiring a majority stake of RupeePower which provides a digital platform for financial products to customers. Mr. Tejasvi Mohanram, the founder of RupeePower would continue to be the MD&CEO of the company. In April 2015, Snapdeal acquired mobile-payments company FreeCharge.com. In September 2015, Snapdeal acquired Reduce Data, a programmatic display advertising platform. Business result
  11. 11. Challenges Logistic services. Building customer loyalties. Getting tie-ups with major brands. High server loads and errors on important promotional days like big billion day or festive season sale, republic day sale etc. Get the approval for credit card payment gateways.
  12. 12. eRetailer of the Year & Best Advertising campaign of the year - Indian eRetail awards 2012 organized by Franchise India in Feb,2012. Winner of Red Herring Asia Awards 2011. E-commerce site of the year at WAT awards that took place in Jan 2012, Mumbai. Voted amongst the Buziest brands of India in afaqs's annual buzz- making poll. ACHIEVEMENTS
  13. 13. Suggestions Easy return policies with no terms and conditions. From personal experience I was dissatisfied with the time they took to deliver my order. They can improve in that field. Like homeshop18 and naaptol.com they can also use television as a means of direct selling in order to reach those customers who can not access through internet.
  14. 14. Products being displayed on sites, similar product should be delivered to the customers. No hidden cost and taxes.

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