i am really appreciate to know about flipkart because this company to close relationship with me to many sponsership given to me and also iit kharagpur to meet the ceo.
2. INTRODUCTION
â˘Leading e-commerce
Company in India
â˘Founded in 2007 by
Sachin Bansal and Binny
Bansal
VALUED
AT 9760
Cr.
WS RETAIL
FLIPKART
PAYMENT
GATEWAY
SERVICES
E-KART
BOOKS
CONSUMER
GOODS
LIFESTYLE
3. E-COMMERCE INDUSTRY IN INDIA
â˘Poised for rapid growth
⢠Fastest growing
amongst Asia pacific region.
â˘Expanding into non-metropolitan India.
â˘Social media and mobile technologies are accelerating
e-commerce adoption.
â˘Large retailers are looking forward to build an online
presence.
WORTH
4. MARKET DEMOGRAPHICS
GEOGRAPHIC:
CATERS TO TIER 1, TIER 2 AND TIER 3 CITIES
USAGE RATE:
â˘Third largest internet user base of 124 million (10% internet penetration)
â˘Indiaâs mobile user base is 87.1 million and is expected to double by March 2015
.Flipkart projects its sales to reach INR 10 billion by year 2014.
â˘On average, Flipkart sells nearly 20 products per minute and is aiming at generating a revenue
of INR 50 billion (US$1 billion) by 2015.
â˘Flipkart has 10 million registered users; about a million visit the site every day.
â˘The users of age 15-34 years are most susceptible to changes in purchase/consumption
behaviour.
AGE GROUP:
â˘Youngest online demographic globally .
â˘75% of online users between the age group of 15-34 years.
5. MARKET GROWTH AND TRENDS
MARKET GROWTH:
â˘Current size of e-commerce market in India $11.2
billion
â˘360 e-commerce portal offering services in India
(tripled since 2010)
⢠Internet users in India is expected to grow to 376
million by 2015.
MARKET TRENDS:
51%40%
9%
CONTRIBUTION
TIER 1
TIER 2+3
RURAL
23%
29%
48%
SALE OF DIFFERENT PRODUCTS
ELECTRONIC
GOODS
BOOKS
LIFESTYLE AND
ALLIED
PRODUCTS
6. .Industry condition: very high
potential
.Investorâs trust
.Services and warehousing
.Payment options
.Established brand
.Entry of international on-line
competitors in Indian market
.Customers are not comfortable with
online payment
.Not profitable operationally
.Time to build confidence among the
customers
.Middle management retention issues.
S
T
R
E
N
G
T
H
S
W
E
A
K
N
E
S
S
7. .High competition from
major international online
retailers
.Capture of alternative
market by competitors
e.g.Infibeam
.Development of m-commerce
in the e-market
.Increasing internet
penetration
.Target social medias to reach
young population
.High interest among VC/PE.
THREATS
OPPORTUNITIES
O
T
9. KEY SUCCESS FACTORS
Key success factors:
â˘First mover advantage
â˘Experience of E-commerce industry
â˘Investments
â˘Cash on delivery
â˘Customer orientation
10. STRATEGIES
â˘Membership cards and premium facilities.
â˘Extended range of academic books.
â˘Providing Sponsorships.
â˘Vernacular language option on websites.
â˘Better featured user interface.
â˘Cost cutting on packaging.
â˘Flipifts
â˘Liquor
11.
12. FLIPIFTâS COMPETITORS
Archies
Indiang
iftsport
al.com
Red
moments iFEEL Cafepres
s.com
FLIPIFTâS:-
â˘All consumer goods, generic gift products, customized goods.
â˘A different section for generic and customized products under flipift
â˘Presto, customized gift manufacturer and retailer-sole provider of
customized goods
â˘Will also be supported by IP tracking systems to enhance
repeatability.
14. Points of parity:
⢠Easy locating of products
⢠Competitive prices.
⢠No hassles of going to shops
personally and shop for products
⢠Availability of various products on one
platform
⢠Discount on purchases.
⢠Home delivery
⢠Gifting services
⢠Cash on delivery
⢠Availability of liquor
⢠Flipifts
⢠Academic related books
Points of Difference:
â˘Flipkart membership cards
for premium customers
â˘E-wallet
â˘Vernacular language
â˘Better user interface-one
drag approach.
POSITIONING
16. PRICE AND PROMOTION
PRICE:
â˘Offers discount
â˘E-wallet
â˘E-gift vouchers
Suggested:
⢠membership cards with
points facility
PROMOTION:
â˘Advertising
â˘Online marketing
â˘Media
â˘Word of mouth
Suggested:
â˘sponsorships
⢠e-wallet promotion
⢠themes of advertisements
concentrating on different services
provided.
17. PLACE AND PROCESS
PLACE:
â˘Inventory at 4 major
centers-Mumbai, Delhi,
Bangalore, Kolkata
â˘Delivery services through
e-kart and postal services
â˘Covers all tier-1 cities and
major tier-2 and tier-3
cities
PROCESS:
â˘Cash on delivery
â˘Debit and Credit card
transactions
â˘Delivery time
â˘Payzippy safe payments
â˘Suggested: Vernacular language
18. PEOPLE AND PHYSICAL
EVIDENCE
PEOPLE:
â˘Customer services
â˘Investors
â˘Employees
PHYSICAL EVIDENCE:
⢠The packaging and quality of
product
â˘Prompt delivery
â˘30 day return policy
Suggested- Better user interface,
IP tracking for Flipifts
20. ⢠2009: $1 million from Accel Partners
⢠2010: $10 million from Tiger Global
⢠2011: $20 million from Tiger Global
⢠2012: $150 million from Naspers, Tiger Global and Accel Partners
⢠2013: $360 million in two phases:
⢠2013, July: $200 million from Naspers, Accel Partners, Tiger Global and
Iconiq Capital
⢠2013, October:$160 Million from Dragoneer Investment, Morgan
Stanley, Sofina, Vulcan Capital, Tiger Global
INVESTMENTS