5 business models gaining pace and poaching space in e-commerce
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New business models are cropping up in the ecommerce entrepreneurial ecosystem. Young entrepreneurs no longer see the problems in the way business is conducted; for them, these problems are opportunities to flourish and prosper through innovative solutions. In this slideshow you will learn about 5 new business models of e-commerce industry what are making their mark in the e-commerce industry
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5 business models gaining pace and poaching space in e-commerce
- 1. 5 Business Models Gaining Pace And Poaching Space in eCommerce
- 3. • Retail chains revamping their online portals • Future group sells apparel through Amazon • Reliance entered e-space through reliancefreshdirect.com • Offline retailers increasing discounts to battle e-offers
- 4. Indian Ecommerce Market 13 bn 76 bn $0 $10 $20 $30 $40 $50 $60 $70 $80 2015 2021 (Projected) India's Ecommerce Market (in Billions)
- 6. 1. Surfing on commissions They receive 2.5% - 5% commission Paytm and Freecharge are mobile recharge websites
- 7. Earns commission from restaurants Cater to their home delivery needs
- 8. Charges 5% to 50% commission Brings visitors for ecommerce stores
- 9. Ease consumer’s online transactions Transaction Brokers 2. Tasting Success Through Aggregator Model Provides a digital meeting and transaction place for buyers and sellers Market Creators
- 10. 3. Banking on Omni-Channel Presence Website + Mobile Site + App + Email, SMS Marketing + Social Media Till 2014 Physical Stores for buying and exchanging the products In 2015
- 11. 10% 40% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 2015 2020 Increase in retail sales over the next 5 years 2015 2020
- 12. Offline Stores Coming Online
- 13. Online Stores Coming Offline
- 14. 4. Riding on Flash Sales Limited Supply + Limited Time = Flash Sales
- 15. Indian Ecommerce Flash Sales
- 16. 5. Rise of Subscription Based Model
- 17. Success of Subscription Model Product Discovery + Demo + Utility
- 18. Flexibility Predictable Inventory Easy Upselling Steady & Recurring Cash Flow Deep Customer Relationships No Price Wars No Stock Piling No Wastage Why Companies love it?
- 19. • Create your business centered around the customer • Create unique and unforeseen experience for the customer • Innovation is the key Concluding Notes
- 20. Thanks