2. Business: e-groceries
An online portal for selling all sorts of grocery items from fruits and
vegetables to branded tea, coffee, rice, flour, noodles etc. so that
people can easily buy groceries sitting at home just by a click.
Initially the service will be provided in Gurgaon, since the presence
of suitable market segment and no competition.
Mission:
To be the largest online grocery store in the country which delivers
all the personal and household needs of the customers right at their
doorstep.
To become a customer friendly online food and grocery store.
To make grocery shopping easy and convenient so that no time is
wasted in this process.
3. Objectives:
Short term
To deliver in every corner of the city within an year
To reach a delivery time of 2 hours
To cover whole NCR within 5 years
Long term
To cover all the big cities in the entire country
To never be out of stock
To make e-grocery shopping customers’ preference rather
than going to the store
4. Business Model
Key Partners
•Farmers
•Large scale retailers
like Wal-Mart
•Logistics(delivery
vehicles)
Key Activities
•Online portal
for grocery shopping
•Delivery on online as
well as telephonic
orders
Customer Segments
•Working Couples
•Students
•Single working
employees
•People who cant go
to stores
Value Prepositions
•Fresh Groceries
•In time delivery
•Free delivery
•Cash on delivery
•Ubiquitous delivery
throughout the city
•24 hour service
Channels
•Online
•Telephone
Cost Structure
•Purchasing costs
•Inventory costs
•Website handling
cost
•Delivery costs
•Advertising costs
Revenue streams
•Cash on delivery
•Credit/Debit Card
payments
•Third party
payments(PayPal, Pay
TM, etc)
•Advertisements on
the website
Customer Relationship
•Occasional discounts
•Loyalty discounts
•No questions asked
refund policy
•20% off on a minimum
order 1500
5. Customers can open the website and can place their order online.
Payment mode can be selected by customer as per the preference.
Our site has the following options:
Cash on delivery
Credit/Debit card payment
Third party payments
Customers can also place order on telephone and can avail cash on delivery.
The order will be delivered to the customer at the place and time of their
choice
Since we will buy in very large quantities so we can buy at cheaper
price and hence will be able to sell to the customer at a price cheaper
than the market price and still make profit.
Other source of revenue will be advertisement on our site.
A vast range of varied products, in time delivery and quality product
will ensure good sales.
How the customer will be served?
How we will make money?
7. Organizational Structure at the beginning(In 2015)
Business Development
and Strategy
CEO: Ankush Vij
Information Systems
CIO: Karan Mehra
Operations : OutsourcedLogistics : OutsourcedMarketing : Outsourced
Finance
CFO: Yash Mathur
Total number of departments is 6
Broad classification is as above
Ankush Vij, CEO heads Business Development and Strategy as well as Logistics
department
Yash Mathur, CFO is head of finance and marketing department
Karan Mehra, CIO is head of IS and Operations
For this year Marketing, Logistics and Operations were outsourced but supervised by
the respective founders as shown in the structure
Key Points
8. Finance
CFO: Yash Mathur
Assistant manager 1
Assistant manager 2
Accountant
Marketing
Marketing Head
Yash Mathur, CFO
Manager1
Manager2
Information Systems
CIO: Karan Mehra
Engineer
Assistant
Logistics: Outsourced
Organizational Structure in 2016
Operations: Outsourced
Business Development
and Strategy
Department Head
Ankush Vij, CEO
Manager 1
Business Analyst
In House marketing department will be established, headed by Yash Mathur, CFO
For this year Logistics and Operations were outsourced but supervised by the
respective founders as shown in the structure in previous slide
Key Points
9. Finance
CFO: Yash Mathur
Deputy manager
Assistant manager 1
Assistant manager 2
Accountant 1
Accountant 2
Marketing
Marketing Head
Deputy manager
Assistant Manager1
Assistant Manager2
Information Systems
CIO: Karan Mehra
IT head
Engineer 1
Engineer 2
Assistant 1
Assistant 2
Logistics
Logistics Head
Deputy manager
Assistant Manager 1
Assistant Manager 2
Organizational Structure in 2017
Business Development
and Strategy
Department Head
Ankush Vij, CEO
Manager 1
Manager 2
Business Analyst 1
Business Analyst 2
Operations
Operations Head
Operations manager
Assistant Manager1
Assistant Manager2
Logistics and operations department will be established this year(No outsourcing of
management)
Key Points
11. Product and
Market Research
Department Head
Ankush Vij, CEO
Manager
Business Analyst
Operations
Operations Head
Operations manager 1
Operations manager 2
Assistant Manager1
Assistant Manager2
Assistant Manager3
Business Development
and Strategy
Department Head
Ankush Vij, CEO
Senior manager
Deputy manager
Business Analyst 1
Business Analyst 2
A new department for Product and market research will be established which will be
headed by Ankush Vij and will look after the market scenarios, product demand, sales
statistics, etc.
Key Points
Contd.
13. Product and
Market Research
Department Head
Ankush Vij, CEO
Senior manager 1
Deputy Manager 1
Business Analyst 1
Business Analyst 2
Business Analyst 3
Operations
Operations Head
Operations manager 1
Operations manager 2
Assistant Manager1
Assistant Manager2
Assistant Manager3
Business Development
and Strategy
Department Head
Ankush Vij, CEO
Senior manager
Deputy manager
Business Analyst 1
Business Analyst 2
Business Analyst 3
*Total Employees = 47
Contd.
14. Responsibilities of departments
Information Systems
Construction and maintenance of website
Establishment and maintenance of IT equipments required in the organization
Establishing ERP systems in the organization
Logistics
Delivery of the products
Handling of cash in case of cash on delivery
Taking products back in case a faulty product has been delivered
Finance
Recording all the transactions
Maintaining balance sheets and income statements
Payments to the suppliers
Paying taxes
Developing quarterly budgets and tracking performance
15. Marketing
Advertisements(TV, newspapers, radio, banners, etc)
Public relations
Developing new promotional offers
Making sales strategies
Operations
Inventory Management
Material Requirement Planning
Production Planning and control
Facility layout planning
Business Development and Strategy
Developing new ideas and strategies that shape the business
Growth of Business
Business analysis
Business research
Product and Market research
Market surveys to know the customer segments
Keeping track of competition
Research analysis for what to sell and what not
16. Strategy for organization
As the business is one of its kind in the specified location, so it comes under the
Prospector strategy
There is no direct competition that is there are no online grocery sellers in
Gurgaon but there are grocery stores as well as vendors which are a challenge to
the business
Prospector is high on exploration but low on exploitation of opportunities and
high on effectiveness but low on efficiency
Exploration includes search, variation, risk-taking, and innovation.
17. Contd.
As a prospector, the organization will have to maintain its competitive position by being
new and making changes to the competitive situation
The organization will have an advantageous edge being the initiator
Continuous innovation along with maintaining quality of service will be the key to
success