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Selling Essentials
Introduction to Online Marketplace
This course will:
• Explain what is online marketplace, and how it can serve as a new
channel of business growth for Sellers
• Help Sellers to start selling online, reaping benefits of online
marketplace
• Teach the basics of how to become a successful seller on online
marketplace
Learning Objectives
Research
and visit the selected
retailers
Need: Buy a
smartphone
Finalize the
product
Payment
Customer takes
home the
product
Offline Purchase
Need: Buy a
smartphone
Compare features
and finalize the
product
Product
delivered to
customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Order
Booked
Online Purchase
1996-2000
Rise of:
• Online classifieds
• Matrimonial sites
• Job portals
2006
Advent of:
• Low-cost airlines
• Growth of online travel
portals
2007
On the rise:
• Internet penetration
• Emergence of the online
retail industry
History of Indian E-Commerce
Online Retail Spending as a Percentage of Total Retail Spending
India is home to the fastest growing e-commerce market.
Indian E-Commerce
1700 Cr 3600 Cr
17000
Cr
8.4 Cr 12.8 Cr 24.0 Cr
-
Indian E-Commerce
▪It is an online platform/website that allows sellers to sell their products to a wide customer base
An online marketplace is similar to physical markets that brings buyers and sellers together on a
common platform and help them transact
What is Online Marketplace?
By 2020, 64% of India’s population is
expected to be represented by
youth aging between
(18-24) years.
India has 24.3 crore internet users –
more than the United States.
(18-24)
Years,
64%
Rest,
36%
Reasons to Sell Online
▪ Overcome Geographical limitations
▪ Lower cost
▪ Easy to locate the product
▪ Elimination of travel time
▪ Product comparison
▪ Clarity and transparency of information
▪ 24X7 connectivity
Customer
Happy
Customers
More Business
Advantages of Online Marketplace
Additional advantages for Sellers
▪ Additional sales channel with wider
customer reach
▪ Lower set up and operational costs
▪ Build/use your own brand
▪ Targeted communication
▪ Market creation for niche products
▪ Technology penetration
Advantages of Online Marketplace
▪ Overcome Geographical limitations
▪ Lower cost
▪ Easy to locate the product
▪ Elimination of travel time
▪ Product comparison
▪ Clarity and transparency of information
▪ 24X7 connectivity
Customer
Need: Buy a
smartphone
Compare features
and finalize the
product
Product delivered
to customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Order
Booked
Online Purchase
Online Purchase
Need: Buy a
smartphone
Compare features
and finalize the
product
Product delivered
to customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Better product
understanding
All this
sitting at home
Transparent and unbiased reviews
Clear and descriptive catalogs
Order
Booked
Need: Buy a
smartphone
Compare features
and finalize the
product
Product delivered
to customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Order Booked
Online Purchase
Need: Buy a
smartphone
Compare features
and finalize the
product
Product delivered
to customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Be mobile, and buy the product from your
convenient location without the need to travel
Multiple payment
options to choose
from
Online Purchase
Need: Buy a
smartphone
Compare features and
finalize the product
Product delivered
to customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Customer receives
delivery at
doorstep
Online Purchase
Need: Buy a
smartphone
Compare features
and finalize the
product
Product delivered
to customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Easy and convenient
return policy
Online Purchase
Need: Buy a
smartphone
Compare features and
finalize the product
Product delivered
to customer
Make payment
(multiple options)
Customer not satisfied? Free & Easy
Returns
Research
and visit the selected
website
Product packed by
seller
Thus, online platform offers an enhanced shopping experience to
a buyer
Make sure that you provide the best
buying experience to your customers.
Customers may want to know every single
detail about the product.
Deliver the product within committed time
to the customer.
Customers love to receive their product in
good packaging.
Descriptive Catalog Good Packaging
Timely Delivery Optimum Customer Experience
Success in Online Selling
Direct access to a
wide customer base
Build credibility and
gain customer loyalty
Get empowered
Local reach
Goods sold through
middlemen
Wider reach
Goods sold directly to end
customer
Online marketplace facilitates
Build Your Own Brand
Intervention of latest
technologies
Automation of
operational work
Increased focus on
core business
Competing within local
boundaries
Chance to compete on a
wider platform
Online marketplace facilitates
Ease of Operation
Logistics partners
Benefit from the reach of online
marketplace logistics partners with
wide coverage across many cities
Mobile infrastructure
Showcase your products to Mobile
customers through Mobile Apps
Seller Support
Get your queries solved through the
seller support team of experts
Traffic
Get a chance to expose your
products to a wide customer base
Other Benefits
Photo Studio Network
Packaging Solution
Advertising Solutions
Analytics Support
Self Serve
Catalog Support
Online Marketplace Offerings
Many Indian Sellers have benefited being a part of online marketplace platform.
Products: Laptops, Electronics hardware
1990
Company
Started
2014
Joined
Marketplace
7 retail stores established across Delhi
Plan ahead
Seller Success Story
30% sales from
Flipkart
Sales growth
Rs 20-25 crores
Increase in product offering
Growth in customer base
More focus on cataloging and packaging
Maintenance of optimum stock levels
Growth story
Earlier
Moderate number of orders per day in
the first month of joining Flipkart
Now
Number of orders have increased by
almost 15 times
Growth drivers
Priority to customer satisfaction
Keeping orders ready for pick up on designated time
Proper packaging and a clear, descriptive catalog
Future plans
Anurag Sabbarwal, SkyWays Category: Softlines (Fashion Accessories) Associated with Flipkart since Dec 2013
Raising the number of orders per day by another 200%
Further business growth on Flipkart
Reach wider customer base
Seller Success Story
Set up a seller
account
Simple 3-step process
▪ Furnish certain basic information like name, email address, company name, product category, bank details,
etc.
▪ Furnish documents related to business registration (e.g., VAT document)
▪ Information verification
▪ Account activation
How Can You Start Selling Online?
List your items Start selling
• Select the products you want to sell
• Identify the category for the selected products
• List the products with relevant details
Set up a seller
account
List your items Start selling
Simple 3-step process
How Can You Start Selling Online?
• Go Live and start selling
Set up a seller
account
List your items Start selling
Simple 3-step process
How Can You Start Selling Online?
Thank You

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Introduction to Online Marketplace

  • 2. This course will: • Explain what is online marketplace, and how it can serve as a new channel of business growth for Sellers • Help Sellers to start selling online, reaping benefits of online marketplace • Teach the basics of how to become a successful seller on online marketplace Learning Objectives
  • 3. Research and visit the selected retailers Need: Buy a smartphone Finalize the product Payment Customer takes home the product Offline Purchase
  • 4. Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Order Booked Online Purchase
  • 5. 1996-2000 Rise of: • Online classifieds • Matrimonial sites • Job portals 2006 Advent of: • Low-cost airlines • Growth of online travel portals 2007 On the rise: • Internet penetration • Emergence of the online retail industry History of Indian E-Commerce
  • 6. Online Retail Spending as a Percentage of Total Retail Spending India is home to the fastest growing e-commerce market. Indian E-Commerce
  • 7. 1700 Cr 3600 Cr 17000 Cr 8.4 Cr 12.8 Cr 24.0 Cr - Indian E-Commerce
  • 8. ▪It is an online platform/website that allows sellers to sell their products to a wide customer base An online marketplace is similar to physical markets that brings buyers and sellers together on a common platform and help them transact What is Online Marketplace?
  • 9. By 2020, 64% of India’s population is expected to be represented by youth aging between (18-24) years. India has 24.3 crore internet users – more than the United States. (18-24) Years, 64% Rest, 36% Reasons to Sell Online
  • 10. ▪ Overcome Geographical limitations ▪ Lower cost ▪ Easy to locate the product ▪ Elimination of travel time ▪ Product comparison ▪ Clarity and transparency of information ▪ 24X7 connectivity Customer Happy Customers More Business Advantages of Online Marketplace
  • 11. Additional advantages for Sellers ▪ Additional sales channel with wider customer reach ▪ Lower set up and operational costs ▪ Build/use your own brand ▪ Targeted communication ▪ Market creation for niche products ▪ Technology penetration Advantages of Online Marketplace ▪ Overcome Geographical limitations ▪ Lower cost ▪ Easy to locate the product ▪ Elimination of travel time ▪ Product comparison ▪ Clarity and transparency of information ▪ 24X7 connectivity Customer
  • 12. Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Order Booked Online Purchase
  • 13. Online Purchase Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Better product understanding All this sitting at home Transparent and unbiased reviews Clear and descriptive catalogs Order Booked
  • 14. Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Order Booked
  • 15. Online Purchase Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Be mobile, and buy the product from your convenient location without the need to travel Multiple payment options to choose from
  • 16. Online Purchase Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Customer receives delivery at doorstep
  • 17. Online Purchase Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Easy and convenient return policy
  • 18. Online Purchase Need: Buy a smartphone Compare features and finalize the product Product delivered to customer Make payment (multiple options) Customer not satisfied? Free & Easy Returns Research and visit the selected website Product packed by seller Thus, online platform offers an enhanced shopping experience to a buyer
  • 19. Make sure that you provide the best buying experience to your customers. Customers may want to know every single detail about the product. Deliver the product within committed time to the customer. Customers love to receive their product in good packaging. Descriptive Catalog Good Packaging Timely Delivery Optimum Customer Experience Success in Online Selling
  • 20. Direct access to a wide customer base Build credibility and gain customer loyalty Get empowered Local reach Goods sold through middlemen Wider reach Goods sold directly to end customer Online marketplace facilitates Build Your Own Brand
  • 21. Intervention of latest technologies Automation of operational work Increased focus on core business Competing within local boundaries Chance to compete on a wider platform Online marketplace facilitates Ease of Operation
  • 22. Logistics partners Benefit from the reach of online marketplace logistics partners with wide coverage across many cities Mobile infrastructure Showcase your products to Mobile customers through Mobile Apps Seller Support Get your queries solved through the seller support team of experts Traffic Get a chance to expose your products to a wide customer base Other Benefits
  • 23. Photo Studio Network Packaging Solution Advertising Solutions Analytics Support Self Serve Catalog Support Online Marketplace Offerings
  • 24. Many Indian Sellers have benefited being a part of online marketplace platform. Products: Laptops, Electronics hardware 1990 Company Started 2014 Joined Marketplace 7 retail stores established across Delhi Plan ahead Seller Success Story 30% sales from Flipkart Sales growth Rs 20-25 crores Increase in product offering Growth in customer base More focus on cataloging and packaging Maintenance of optimum stock levels
  • 25. Growth story Earlier Moderate number of orders per day in the first month of joining Flipkart Now Number of orders have increased by almost 15 times Growth drivers Priority to customer satisfaction Keeping orders ready for pick up on designated time Proper packaging and a clear, descriptive catalog Future plans Anurag Sabbarwal, SkyWays Category: Softlines (Fashion Accessories) Associated with Flipkart since Dec 2013 Raising the number of orders per day by another 200% Further business growth on Flipkart Reach wider customer base Seller Success Story
  • 26. Set up a seller account Simple 3-step process ▪ Furnish certain basic information like name, email address, company name, product category, bank details, etc. ▪ Furnish documents related to business registration (e.g., VAT document) ▪ Information verification ▪ Account activation How Can You Start Selling Online? List your items Start selling
  • 27. • Select the products you want to sell • Identify the category for the selected products • List the products with relevant details Set up a seller account List your items Start selling Simple 3-step process How Can You Start Selling Online?
  • 28. • Go Live and start selling Set up a seller account List your items Start selling Simple 3-step process How Can You Start Selling Online?