Flipkart is India's largest e-commerce company founded in 2007 by Sachin and Binny Bansal. It started as an online book retailer and has expanded into multiple product categories. Flipkart has over 11 million products listed, serves over 2 million customers daily, and generates $75 crore annual revenue. It has strong management and focuses on customer service, wide selection, and robust logistics to achieve success in India. While new competitors like Amazon present threats, Flipkart aims to continue growing through expanding categories and improving supply chain automation.
This internship report discusses the evolution of web analytics from version 1.0 to 2.0. It describes how traditional analytics focused on descriptive reporting and internal decision making, while analytics 2.0 enables attribution, optimization, and allocation of marketing activities using predictive modeling. The report also discusses how one gaming company implemented analytics 2.0 to increase sales and profits by quantifying campaign contributions and optimizing resource allocation in real-time. Finally, it outlines Flipkart's use of an A/B testing framework to conduct live experiments, drive innovation, and improve performance metrics.
The internship opportunity with FLIPKART was a great chance for learning and professional development. Increasingly, supply chain management is being recognized as the management of key business process that comprises the supply chain. Flipkart is one the e-commerce company in India has been contributing to the economy by providing quality consumer product in a comparatively reasonable price. If the winning factor for Flipkart has been investigated, the result would be its outstanding supply chain procedure.
1. The project aimed to redesign Flipkart's Seller Protection Fund process to minimize payouts from the fund, which had been rising due to an increase in returns, fraudulent behavior, and operational inefficiencies.
2. Recommendations were made to reduce claims and payouts by changing seller policies, improving the claims process, and introducing new product features to enhance the seller experience.
3. Fraud detection engines and process changes were also suggested to curb different types of fraudulent behavior by sellers, buyers, and logistics in order to further reduce payouts from the protection fund.
A Study on Consumer Satisfaction on Product Quality of Clothes, Footwear and ...pratibhaLakra1
A Project Report on the Study of Consumer Satisfaction on Product Quality of Clothes, Footwear and Electronics Provided By Flipkart in Spicer Adventist University.
This document provides an overview of a research project conducted on measuring consumer satisfaction and availability of Pureit water purifier devices in Delhi and the National Capital Region of India. It includes an introduction to the company IMRB International, a literature review on customer satisfaction and the water purifier industry in India, the research methodology used in the study, and preliminary findings. The objectives were to understand customer satisfaction levels with Pureit products and the availability of Pureit devices at distribution channels in the target region.
Flipkart is an Indian e-commerce company founded in 2007 by Sachin Bansal and Binny Bansal. It initially focused on online book sales but later expanded into electronics and other products. Flipkart offers multiple payment options including cash on delivery, which has been significant for growth given low credit card usage in India. It has expanded its product categories and fulfillment capabilities over time, and now employs over 4,500 people with warehouses across major Indian cities.
Flipkart was founded in 2007 in India and has since grown to become one of the largest e-commerce companies in the country. It started by selling books online and has now expanded into various product categories. Flipkart has raised billions in funding over the years to build out its infrastructure, including warehouses, servers, and logistics networks to support its fast growth. It makes continued investments to improve its technology and supply chain capabilities to handle increasing traffic and sales volume, especially around major sales events. Flipkart's infrastructure now includes over 20 warehouses, 60 delivery locations, and robust IT networks to power its e-commerce operations at scale across India.
This document provides an overview of Flipkart, India's largest e-commerce company. It discusses Flipkart's founding, operations, acquisitions, financing, exclusive product launches, in-house products, and awards. It also provides context on the Indian e-commerce industry landscape, including market size and growth drivers. Key points include that Flipkart is India's largest e-commerce player, was founded in 2007, and has raised over $2 billion in funding to date. The Indian e-commerce market is growing rapidly at 30% annually but cash on delivery is very common in India.
This internship report discusses the evolution of web analytics from version 1.0 to 2.0. It describes how traditional analytics focused on descriptive reporting and internal decision making, while analytics 2.0 enables attribution, optimization, and allocation of marketing activities using predictive modeling. The report also discusses how one gaming company implemented analytics 2.0 to increase sales and profits by quantifying campaign contributions and optimizing resource allocation in real-time. Finally, it outlines Flipkart's use of an A/B testing framework to conduct live experiments, drive innovation, and improve performance metrics.
The internship opportunity with FLIPKART was a great chance for learning and professional development. Increasingly, supply chain management is being recognized as the management of key business process that comprises the supply chain. Flipkart is one the e-commerce company in India has been contributing to the economy by providing quality consumer product in a comparatively reasonable price. If the winning factor for Flipkart has been investigated, the result would be its outstanding supply chain procedure.
1. The project aimed to redesign Flipkart's Seller Protection Fund process to minimize payouts from the fund, which had been rising due to an increase in returns, fraudulent behavior, and operational inefficiencies.
2. Recommendations were made to reduce claims and payouts by changing seller policies, improving the claims process, and introducing new product features to enhance the seller experience.
3. Fraud detection engines and process changes were also suggested to curb different types of fraudulent behavior by sellers, buyers, and logistics in order to further reduce payouts from the protection fund.
A Study on Consumer Satisfaction on Product Quality of Clothes, Footwear and ...pratibhaLakra1
A Project Report on the Study of Consumer Satisfaction on Product Quality of Clothes, Footwear and Electronics Provided By Flipkart in Spicer Adventist University.
This document provides an overview of a research project conducted on measuring consumer satisfaction and availability of Pureit water purifier devices in Delhi and the National Capital Region of India. It includes an introduction to the company IMRB International, a literature review on customer satisfaction and the water purifier industry in India, the research methodology used in the study, and preliminary findings. The objectives were to understand customer satisfaction levels with Pureit products and the availability of Pureit devices at distribution channels in the target region.
Flipkart is an Indian e-commerce company founded in 2007 by Sachin Bansal and Binny Bansal. It initially focused on online book sales but later expanded into electronics and other products. Flipkart offers multiple payment options including cash on delivery, which has been significant for growth given low credit card usage in India. It has expanded its product categories and fulfillment capabilities over time, and now employs over 4,500 people with warehouses across major Indian cities.
Flipkart was founded in 2007 in India and has since grown to become one of the largest e-commerce companies in the country. It started by selling books online and has now expanded into various product categories. Flipkart has raised billions in funding over the years to build out its infrastructure, including warehouses, servers, and logistics networks to support its fast growth. It makes continued investments to improve its technology and supply chain capabilities to handle increasing traffic and sales volume, especially around major sales events. Flipkart's infrastructure now includes over 20 warehouses, 60 delivery locations, and robust IT networks to power its e-commerce operations at scale across India.
This document provides an overview of Flipkart, India's largest e-commerce company. It discusses Flipkart's founding, operations, acquisitions, financing, exclusive product launches, in-house products, and awards. It also provides context on the Indian e-commerce industry landscape, including market size and growth drivers. Key points include that Flipkart is India's largest e-commerce player, was founded in 2007, and has raised over $2 billion in funding to date. The Indian e-commerce market is growing rapidly at 30% annually but cash on delivery is very common in India.
amazon & flipkart comparative study between amazon and flipkart Research Reportashish verma
This document provides an overview of Amazon and Flipkart, two leading e-commerce companies in India. It discusses their histories, growth, exclusive products, achievements and failures. Specifically, it notes that Flipkart was founded in 2007 and is headquartered in Bangalore, while Amazon was founded in 1994 and is headquartered in Seattle. It also discusses some of their exclusive product launches and marketing strategies over the years.
The document presents a research study on online shopping on Flipkart.com in India. It includes:
1) An introduction to online shopping and its history globally and in India. Major online shopping players in India are discussed including Flipkart.
2) The objectives of the study which are to analyze the impact of gender, age and other factors on online shopping experience on Flipkart.
3) The research methodology which uses a questionnaire survey with 220 respondents in Ahmedabad, India. Statistical analysis methods like frequency distribution, chi-square tests, t-tests and factor analysis are to be used.
The document provides a comparative analysis of the customer contact options and models of e-commerce companies Amazon, Myntra, Flipkart, and Snapdeal in India. It summarizes the history, risks, innovations, origins, models of operation, and customer experience factors of each company. Key points of comparison include Amazon's experience advantage but diverse business streams versus Flipkart's focus on online retail; Myntra's focus on fashion versus others; and differences in presentation, ease of use, same-day delivery, and shipping approaches between the companies. The analysis is intended to benchmark which company provides the most customer-centric online shopping experience.
This document provides an overview of the marketing strategies of Flipkart, an Indian e-commerce company. It discusses how Flipkart started in 2007 selling only books and has since expanded its product selection while growing its revenues significantly through 2015. The document also notes that Flipkart has changed its business model from consignment to inventory to marketplace and has raised funding from investors to support its growth.
E commerce word file of tech- mgmt assignment on Flipkart.PINKEY GUPTA
This document provides information about the e-commerce company Flipkart including:
1. Flipkart was founded in 2007 in Bangalore, India and has grown to become one of the largest e-commerce companies in the country.
2. It started as an online bookstore and has since expanded to sell a wide range of products across multiple categories.
3. Through acquisitions and innovative features, Flipkart has improved customer experience on its platform, leading to increased sales and raising of large funds from investors.
Summer internship report at ifortis corporate VenkatasaiMalla
The document discusses Sandesh Andavarapu's summer internship report at IFortis Corporate. It provides an overview of IFortis, describing its evolution from an IT services company to establishing its own headquarters in India. It outlines IFortis' vision of providing dedicated client service and mission of creating employment opportunities. It also describes AaramBh 3.0, IFortis' virtual youth festival to be held in August 2021 featuring various digital events. Sandesh discusses sales and marketing funnels, the sales process, overcoming objections, and provides Netflix as a case study of an effective sales funnel.
Flipkart is an Indian e-commerce company founded in 2007 by former Amazon employees Binny Bansal and Sachin Bansal. It began as an online book retailer and has since expanded into various product categories. Flipkart leverages various services and strategies to provide customers with a positive shopping experience, such as cash-on-delivery, easy returns, and its own in-house logistics and customer support teams. It has grown to become one of the largest e-commerce players in India through strategic acquisitions and a complex corporate structure.
Sachin Bansal and Binny Bansal, alumni of IIT Delhi, founded Flipkart in 2007 after working at Amazon India. Starting with an investment of 400,000 rupees, Flipkart has grown to become India's largest online retailer. Flipkart focuses on online sales, payment options, and customer experience through offerings like cash on delivery. It has expanded product categories, acquired other companies, and raised over $150 million in funding to support its growth.
A COMPARATIVE STUDY OF CUSTOMER PERCEPTION ON ONLINE SHOPPING PLATFORMSChandan Mitra
This document summarizes a study comparing customer perception of online shopping platforms in India. It finds that Flipkart is the most preferred platform, chosen by 54% of respondents due to its variety of products, discounts, and other facilities. Amazon is a close second, preferred by 39% of respondents. Paytm Mall struggled to gain reliability and customer preference. The study found that most customers shop online for fashion items and prefer cash on delivery as a payment method. Issues with delays and wrong/low quality products were reported for Flipkart and Amazon, while Paytm Mall had reliability issues. The Indian e-commerce market is growing rapidly and is expected to reach $200 billion by 2026.
Study of “Flipkart.com”: India’s Leading E-business PortalSagar Agrawal
The document provides an analysis of Flipkart.com, India's leading e-commerce platform. It discusses Flipkart's history and growth, from its founding in 2007 selling books to expanding product categories and sales. Key strategies that contributed to Flipkart's success include cash on delivery, easy return policies, and competitive pricing. Future opportunities discussed include expanding internationally, partnering with global brands, targeting newer Indian cities, and focusing on apparel.
This presentation takes account of exponential progress of Flipkart and identifies some of the weaknesses in its business model. Further it suggests some Strategic actions which could be taken in short term and in long term, to make itself profitable
Flipkart was founded in 2007 by Sachin and Binny Bansal in India. It is one of India's largest e-commerce companies, employing over 33,000 people. Flipkart has faced some legal issues and investigations over violations of foreign investment and licensing regulations.
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of IIT Delhi. They started Flipkart with Rs. 4 lakh to sell books online but have since expanded to various product categories. Flipkart pioneered innovations in online shopping such as two-day delivery, 30-day returns, and card payments on delivery. It has become one of the largest e-commerce companies in India through this customer-centric approach and acquisitions of other companies. The founders took a big risk by leaving jobs at Amazon to start their own venture, and their strong entrepreneurial qualities of passion, risk-taking, and teamwork have led to Flipkart's success
Flipkart was founded in 2007 in Bangalore, India by Sachin and Binny Bansal. It started as an online book retailer and has since expanded into multiple product categories. Flipkart is now one of the largest online retailers in India, delivering over 5 million shipments per month to customers in around 150 cities. In the future, Flipkart aims to scale its business further by increasing the number of sellers on its marketplace and expanding its product offerings and mobile features.
Business-to-business (B2B) e-commerce refers to transactions between businesses rather than between businesses and consumers. Flipkart is a major Indian e-commerce company that started as a B2B marketplace but now also sells directly to consumers. It has acquired several other companies to expand its offerings and raise funding from investors. To better serve business customers, Flipkart launched payment and delivery services tailored for B2B transactions. The conclusion emphasizes investing in the customer experience across channels including mobile, courting omni-channel customers, and taking a broad view of competition from across the supply chain.
Consumer behaviour in online shopping and comparisonAmitkumarsingh376
In this you can find about the details about what is the behavior of consumer towards online shopping, along this i had also added a comparison between two top online marketers which are mostly in trend i.e., comparison between Flipkart and Amazon.
Hope you Guys enjoy it, and may this project may provide good knowledge to you all
Thank You
A success story of entrepreneur "Sachin Bansal"NaushamaYasmin
Sachin Bansal and Binny Bansal, who both studied at prestigious Indian universities and worked at Amazon, co-founded Flipkart in 2007 as an online bookstore in India. They saw potential in the small Indian e-commerce market. Starting with just 4 lakh rupees of investment, Flipkart grew rapidly to become one of India's largest online retailers, selling a wide range of products and completing several acquisitions. In 2018, Walmart acquired a majority stake in Flipkart, which employs various strategies like membership programs and partnerships to compete with Amazon in India.
Directi Case Study Contest 2010- MDI Gurgaon Exter boyDirecti Group
The document proposes a location-based social networking game called Exter that utilizes game dynamics. A team of 3 members will develop Exter, which will allow users to check-in at locations, earn points, and level up. Exter will integrate with social media platforms and include features like photo tagging and challenges. The target market is social media users in large Indian cities who enjoy sharing and gaming online. Revenue will come from partner brands that can promote products through Exter's points and badge systems.
Internship report (e commerce industries in bangladesh and their services a s...Saif Mahmud
This Internship Report titled “E-Commerce Industries in Bangladesh and Their Services: A Study on Shohoj Limited.” has been submitted, to BRAC Business School, for partial
fulfillment of the requirements for the degree of Bachelor of Business Administration.
This document discusses material requirements planning (MRP). It defines MRP and distinguishes between dependent and independent demand inventory. The document outlines the objectives, inputs, outputs, and benefits of MRP. It also describes the requirements for effective use of MRP, including accurate bills of materials, inventory data, and stable lead times. Finally, the document discusses how MRP integrates with other production planning processes like master production scheduling.
amazon & flipkart comparative study between amazon and flipkart Research Reportashish verma
This document provides an overview of Amazon and Flipkart, two leading e-commerce companies in India. It discusses their histories, growth, exclusive products, achievements and failures. Specifically, it notes that Flipkart was founded in 2007 and is headquartered in Bangalore, while Amazon was founded in 1994 and is headquartered in Seattle. It also discusses some of their exclusive product launches and marketing strategies over the years.
The document presents a research study on online shopping on Flipkart.com in India. It includes:
1) An introduction to online shopping and its history globally and in India. Major online shopping players in India are discussed including Flipkart.
2) The objectives of the study which are to analyze the impact of gender, age and other factors on online shopping experience on Flipkart.
3) The research methodology which uses a questionnaire survey with 220 respondents in Ahmedabad, India. Statistical analysis methods like frequency distribution, chi-square tests, t-tests and factor analysis are to be used.
The document provides a comparative analysis of the customer contact options and models of e-commerce companies Amazon, Myntra, Flipkart, and Snapdeal in India. It summarizes the history, risks, innovations, origins, models of operation, and customer experience factors of each company. Key points of comparison include Amazon's experience advantage but diverse business streams versus Flipkart's focus on online retail; Myntra's focus on fashion versus others; and differences in presentation, ease of use, same-day delivery, and shipping approaches between the companies. The analysis is intended to benchmark which company provides the most customer-centric online shopping experience.
This document provides an overview of the marketing strategies of Flipkart, an Indian e-commerce company. It discusses how Flipkart started in 2007 selling only books and has since expanded its product selection while growing its revenues significantly through 2015. The document also notes that Flipkart has changed its business model from consignment to inventory to marketplace and has raised funding from investors to support its growth.
E commerce word file of tech- mgmt assignment on Flipkart.PINKEY GUPTA
This document provides information about the e-commerce company Flipkart including:
1. Flipkart was founded in 2007 in Bangalore, India and has grown to become one of the largest e-commerce companies in the country.
2. It started as an online bookstore and has since expanded to sell a wide range of products across multiple categories.
3. Through acquisitions and innovative features, Flipkart has improved customer experience on its platform, leading to increased sales and raising of large funds from investors.
Summer internship report at ifortis corporate VenkatasaiMalla
The document discusses Sandesh Andavarapu's summer internship report at IFortis Corporate. It provides an overview of IFortis, describing its evolution from an IT services company to establishing its own headquarters in India. It outlines IFortis' vision of providing dedicated client service and mission of creating employment opportunities. It also describes AaramBh 3.0, IFortis' virtual youth festival to be held in August 2021 featuring various digital events. Sandesh discusses sales and marketing funnels, the sales process, overcoming objections, and provides Netflix as a case study of an effective sales funnel.
Flipkart is an Indian e-commerce company founded in 2007 by former Amazon employees Binny Bansal and Sachin Bansal. It began as an online book retailer and has since expanded into various product categories. Flipkart leverages various services and strategies to provide customers with a positive shopping experience, such as cash-on-delivery, easy returns, and its own in-house logistics and customer support teams. It has grown to become one of the largest e-commerce players in India through strategic acquisitions and a complex corporate structure.
Sachin Bansal and Binny Bansal, alumni of IIT Delhi, founded Flipkart in 2007 after working at Amazon India. Starting with an investment of 400,000 rupees, Flipkart has grown to become India's largest online retailer. Flipkart focuses on online sales, payment options, and customer experience through offerings like cash on delivery. It has expanded product categories, acquired other companies, and raised over $150 million in funding to support its growth.
A COMPARATIVE STUDY OF CUSTOMER PERCEPTION ON ONLINE SHOPPING PLATFORMSChandan Mitra
This document summarizes a study comparing customer perception of online shopping platforms in India. It finds that Flipkart is the most preferred platform, chosen by 54% of respondents due to its variety of products, discounts, and other facilities. Amazon is a close second, preferred by 39% of respondents. Paytm Mall struggled to gain reliability and customer preference. The study found that most customers shop online for fashion items and prefer cash on delivery as a payment method. Issues with delays and wrong/low quality products were reported for Flipkart and Amazon, while Paytm Mall had reliability issues. The Indian e-commerce market is growing rapidly and is expected to reach $200 billion by 2026.
Study of “Flipkart.com”: India’s Leading E-business PortalSagar Agrawal
The document provides an analysis of Flipkart.com, India's leading e-commerce platform. It discusses Flipkart's history and growth, from its founding in 2007 selling books to expanding product categories and sales. Key strategies that contributed to Flipkart's success include cash on delivery, easy return policies, and competitive pricing. Future opportunities discussed include expanding internationally, partnering with global brands, targeting newer Indian cities, and focusing on apparel.
This presentation takes account of exponential progress of Flipkart and identifies some of the weaknesses in its business model. Further it suggests some Strategic actions which could be taken in short term and in long term, to make itself profitable
Flipkart was founded in 2007 by Sachin and Binny Bansal in India. It is one of India's largest e-commerce companies, employing over 33,000 people. Flipkart has faced some legal issues and investigations over violations of foreign investment and licensing regulations.
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of IIT Delhi. They started Flipkart with Rs. 4 lakh to sell books online but have since expanded to various product categories. Flipkart pioneered innovations in online shopping such as two-day delivery, 30-day returns, and card payments on delivery. It has become one of the largest e-commerce companies in India through this customer-centric approach and acquisitions of other companies. The founders took a big risk by leaving jobs at Amazon to start their own venture, and their strong entrepreneurial qualities of passion, risk-taking, and teamwork have led to Flipkart's success
Flipkart was founded in 2007 in Bangalore, India by Sachin and Binny Bansal. It started as an online book retailer and has since expanded into multiple product categories. Flipkart is now one of the largest online retailers in India, delivering over 5 million shipments per month to customers in around 150 cities. In the future, Flipkart aims to scale its business further by increasing the number of sellers on its marketplace and expanding its product offerings and mobile features.
Business-to-business (B2B) e-commerce refers to transactions between businesses rather than between businesses and consumers. Flipkart is a major Indian e-commerce company that started as a B2B marketplace but now also sells directly to consumers. It has acquired several other companies to expand its offerings and raise funding from investors. To better serve business customers, Flipkart launched payment and delivery services tailored for B2B transactions. The conclusion emphasizes investing in the customer experience across channels including mobile, courting omni-channel customers, and taking a broad view of competition from across the supply chain.
Consumer behaviour in online shopping and comparisonAmitkumarsingh376
In this you can find about the details about what is the behavior of consumer towards online shopping, along this i had also added a comparison between two top online marketers which are mostly in trend i.e., comparison between Flipkart and Amazon.
Hope you Guys enjoy it, and may this project may provide good knowledge to you all
Thank You
A success story of entrepreneur "Sachin Bansal"NaushamaYasmin
Sachin Bansal and Binny Bansal, who both studied at prestigious Indian universities and worked at Amazon, co-founded Flipkart in 2007 as an online bookstore in India. They saw potential in the small Indian e-commerce market. Starting with just 4 lakh rupees of investment, Flipkart grew rapidly to become one of India's largest online retailers, selling a wide range of products and completing several acquisitions. In 2018, Walmart acquired a majority stake in Flipkart, which employs various strategies like membership programs and partnerships to compete with Amazon in India.
Directi Case Study Contest 2010- MDI Gurgaon Exter boyDirecti Group
The document proposes a location-based social networking game called Exter that utilizes game dynamics. A team of 3 members will develop Exter, which will allow users to check-in at locations, earn points, and level up. Exter will integrate with social media platforms and include features like photo tagging and challenges. The target market is social media users in large Indian cities who enjoy sharing and gaming online. Revenue will come from partner brands that can promote products through Exter's points and badge systems.
Internship report (e commerce industries in bangladesh and their services a s...Saif Mahmud
This Internship Report titled “E-Commerce Industries in Bangladesh and Their Services: A Study on Shohoj Limited.” has been submitted, to BRAC Business School, for partial
fulfillment of the requirements for the degree of Bachelor of Business Administration.
This document discusses material requirements planning (MRP). It defines MRP and distinguishes between dependent and independent demand inventory. The document outlines the objectives, inputs, outputs, and benefits of MRP. It also describes the requirements for effective use of MRP, including accurate bills of materials, inventory data, and stable lead times. Finally, the document discusses how MRP integrates with other production planning processes like master production scheduling.
3G is the third generation of wireless technologies providing enhanced capabilities over previous generations like high-speed data transmission and advanced multimedia access globally. 3G standards allow for peak data rates of at least 200 Kbit/s and provide broadband access of several Mbit/s to smartphones. The 3G Partnership Project (3GPP) defines the evolution of networks from GSM to UMTS and an all-IP network, introducing new releases that add 3G radios, soft switches, and IP Multimedia services. 3GPP also defines the location services architecture used for locating 3G mobile users.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Westside began in 1998 when TATA acquired Littlewoods, a UK retailer. Since then, Westside has expanded across India. It focuses on being a one-stop shop for families, offering a broad range of products at various price points. Westside emphasizes private label brands to earn higher margins and differentiate its products. It positions itself as providing value for money through good quality, contemporary designs, and wide selection at reasonable prices.
Electronic mail, or email, allows people to exchange messages over communication networks like the internet. While computers are most commonly used, other devices can access email as well. There are two main types of email - one that requires a network provider subscription and one called webmail that is accessible through a web browser. Email does not inherently ensure confidentiality, integrity, or authentic authentication of messages. Specific steps must be taken to protect information transmitted via email, as it offers a similar level of privacy as a postcard. Network providers must inform customers of their email and personal data management policies.
Ejobs.fi is a Finnish job board portal that began in 2010. It allows employers to post job listings through yearly subscription packages or individually paying per job. Employers come from both public and private sectors across 34 sectors, most commonly in sales, IT/telecom, and healthcare. Job seekers on the site are well-educated and located primarily in southern and western Finland. Ejobs.fi aims to be an easy-to-use, cost-efficient, and comprehensive portal for both employers to reach candidates and job seekers to find opportunities.
Avoimet tyopaikat. Tyonhakija, hae tyota ja avoimia tyopaikkoja Suomesta. Luo CV:si apuohjelman opastamana, se on helppoa! Tyonantaja, julkaise tyopaikkailmoituksesi tyonhakijoille helposti ja nopeasti!
This document discusses material requirements planning (MRP). It defines MRP and distinguishes between dependent and independent demand. The key benefits of MRP are listed as increased customer satisfaction, faster response to changes, and reduced inventory levels while maintaining service. MRP uses a bill of materials, master production schedule, and inventory data to determine requirements for dependent demand items and to generate work orders, purchase orders, and schedules.
Equity analysis of telecom sector for anand rathi securities by shilpa mandhanINDUS EXIMTECH PVT. LTD
This document is a project report submitted by Shilpa Mandhan to the University of Pune to fulfill the requirements for an MBA degree. The project analyzes the equity and performance of companies in the telecom sector in India. It was conducted over two months as an internship at Anand Rathi Securities Pvt Ltd, a leading stock broking and financial services firm. The report includes an introduction to the company, objectives and scope of the study, profiles of Anand Rathi Securities and selected telecom companies, research methodology used, data analysis of the companies, findings, recommendations, and conclusion.
Accounting ratios can be used to:
1) Compare a company's performance over different years, against budgets, and other similar companies.
2) Provide information on a company's liquidity, profitability, asset use, and capital structure.
3) Appraise a company's performance, make predictions, and assist with planning.
This document discusses various strategies for motivating employees, including incentive schemes, job enrichment, and employee empowerment. It defines motivation as the driving force within individuals that leads to action. Some popular motivational strategies mentioned are incentive schemes, job enrichment, and employee empowerment. Job enrichment involves providing employees more responsibility and challenges to develop their skills. Employee empowerment is the process of sharing power and autonomy through information sharing and input into factors affecting job performance. The document also discusses the importance of job satisfaction and morale for employee motivation.
The document defines financial management and discusses its scope and functions. Under the traditional approach, the scope of finance is restricted to procuring funds, while the modern approach covers both acquiring and allocating funds efficiently. The key functions of financial management are investment decisions, financing decisions, and dividend decisions. Investment decisions involve capital budgeting and working capital management. Financing decisions determine the optimal debt-equity ratio. Dividend decisions balance paying dividends to shareholders with retaining profits for reinvestment.
The document discusses L&T Infrastructure Finance Company Limited (L&T Infra), an infrastructure finance company promoted by Larsen & Toubro Limited and L&T Finance Holdings. It provides debt and equity products as well as financial advisory services for infrastructure projects. L&T Infra operates from centers in Mumbai, Delhi, Chennai, and Hyderabad and is managed by experienced banking professionals. Its mission is to be a strategic business partner, solution provider, and nurture human capital.
Life insurance is a contract between a policy holder and an insurer where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured. The policy holder pays regular premiums in return. Life insurance objectives include widespread coverage, saving mobilization, conducting business economically, and meeting growing customer needs. LIC of India is the largest insurer in India and provides various policies, but also faces threats from private players and foreign insurers expanding in the market. LIC offers specialized plans and products and has diversified into other financial fields.
- Flipkart was founded in 2007 by IIT Delhi alumni Sachin Bansal and Binny Bansal as an online book retailer in India. It has since expanded into other product categories.
- It is headquartered in Bengaluru and has become the largest e-commerce player in India, with over 11 million products listed and sales of 30,000 items per day.
- Flipkart's success is attributed to its robust logistics and supply chain management, which was key to gaining customer trust in online shopping in India. It has raised over $1 billion in funding to date.
- Flipkart was founded in 2007 by IIT Delhi alumni Sachin Bansal and Binny Bansal and is now India's largest online retailer.
- It initially focused on selling books but has expanded into various product categories. Flipkart is funded by venture capital and is profitable.
- Flipkart's success is attributed to its focus on strong customer service, an easy-to-use website and payment options, and robust logistics and supply chain management. It aims to continue its rapid growth and expand into new categories.
- While increased competition from Amazon poses a threat, the growing Indian ecommerce market is large enough for multiple players, and Flipkart's strong brand and customer base
- Flipkart is an Indian e-commerce company founded in 2007 by Sachin Bansal and Binny Bansal that has grown to become one of the largest online retailers in India.
- It started by selling books online and has since expanded into various product categories. Key to its success has been developing robust logistics and supply chain management capabilities.
- The document provides details on Flipkart's management team, history, funding, acquisitions, order fulfillment process, and strategies that have contributed to its rapid growth.
Flipkart is an Indian e-commerce company founded in 2007 by Sachin Bansal and Binny Bansal. It began as an online book retailer and has since expanded into other product categories such as apparel, consumer electronics, and home goods. Some key events in Flipkart's history include major funding rounds that have supported its growth, acquisitions of other companies to expand its capabilities, and being acquired by Walmart in 2018 for $16 billion. Flipkart's success is largely attributed to its focus on providing customers a positive shopping experience through services like cash-on-delivery and its easy-to-use website.
Flipkart was founded in 2007 by Sachin and Binny Bansal to sell books online. It has since expanded into various product categories. Flipkart raised funds and acquired other companies to grow. It focuses on selection, payments, delivery, and returns to provide customers a good shopping experience. Flipkart aims to attract and retain customers through its services as online retail in India continues to grow substantially.
Flipkart is one of India's leading e-commerce companies founded in 2007 by IIT alumni Sachin and Binny Bansal. It has grown to over 4,600 employees, 75 crore in revenue, and sells 30,000 items per day across 11 categories to its over 2 million registered users. The founders started Flipkart with an initial capital of 4 lakh rupees and it now has 7 warehouses across India.
Flipkart was launched in 2007 as an online bookstore and has since expanded into various product categories. It has over 11.5 million book titles available and ships over 20,000 orders per day. Features like cash on delivery and easy return policies have helped drive growth. Flipkart has received over $31 million in funding and continues to expand its warehouse and delivery networks. While Flipkart excels in areas like its user interface and customer service, opportunities remain to improve search functions and cataloging as well as expanding internationally and offering more customized products and delivery options.
Flipkart acquired Myntra in a $300-330 million deal in 2014, making it the largest e-commerce acquisition in India at the time. The acquisition aimed to boost Flipkart's fashion offerings by combining Myntra's apparel specialization with Flipkart's distribution network and infrastructure. It was expected to allow the combined entity to gain a majority share of the online fashion market in India. However, the merger also faced challenges of profitability pressures and increased competition from players like Snapdeal and Amazon entering the Indian e-commerce space.
Flipkart was founded in 2007 by IIT Delhi graduates Sachin Bansal and Binny Bansal. It is now India's largest e-commerce platform, selling over 30 products per minute across various categories. Flipkart has raised over $3 billion in funding to date. It allows customers to purchase products online through various payment methods and offers services like cash-on-delivery and easy returns. Flipkart has grown to employ over 33,000 people and continues to expand its product offerings and warehouse network across India.
Flipkart is an Indian e-commerce company founded in 2007 that sells books and has expanded into other product categories. It has over 4,600 employees and $1.6 billion in annual revenue. The company aims to provide customers with a hassle-free shopping experience. Flipkart has been successful due to its robust backend operations that efficiently handle procurement, warehousing, logistics and customer service. It aims to become the Amazon of India through its focus on customer satisfaction.
Includes :
About the Company : FlipKart
Acquisitions
Challenges Faced by the Company
SWOT Analysis
Marketing Strategy Used
Flipkart’s Success MANTRA !
Marketing Strategy Evaluation
Conclusion
Flipkart is an Indian e-commerce company founded in 2007 that is one of the leading online retailers in India. It sells a wide range of products including books, electronics, apparel and more. Flipkart uses SEO, social media marketing and television advertisements to promote its brand and products. It aims to provide customers with a simple and reliable shopping experience through features like cash on delivery, easy returns, and customer service. Flipkart's success is built on its robust supply chain and logistics network that allows it to store and deliver large numbers of products efficiently.
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, alumni of IIT Delhi who previously worked for Amazon. It began as an online book retailer and has since expanded into other product categories. Through word of mouth and focus on customer experience, it grew to become India's largest online retailer with millions of products and customers. It has raised over $1 billion in funding from investors and acquired other companies to further its leadership position in the Indian e-commerce market.
successful entrepreneurs of flipkart {sachin and binny bansal} Yogesh Gokule
The success story of entrepreneurship of flipcart .How they start and faces the challenges and overcome that and become a leading e-commerce company in India .
Flipkart is an Indian e-commerce company founded in 2007 by Sachin and Binny Bansal. It started with an initial investment of 4 lakh rupees and now has 4500 employees. Flipkart focused on books initially but now offers various products. It uses marketing strategies like advertisements, discounts, delivery policies, and after-sales services to promote sales. Flipkart aims to go public and expand globally in the future.
Flipkart was founded in 2007 by IIT alumni Sachin Bansal and Binny Bansal. It began as an online book retailer and has since expanded into other product categories. Flipkart has received multiple rounds of funding and acquired other companies to support its growth. It aims to provide customers with a best-in-class online shopping experience through features like cash-on-delivery, easy returns, and fast shipping.
Flipkart was founded in 2007 in Bangalore, India by Sachin Bansal and Binny Bansal, both graduates of IIT Delhi. It is one of India's largest e-commerce companies. Sachin Bansal oversees customer-facing operations while Binny Bansal manages fulfillment. Flipkart was initially self-funded and later raised money from Accel India and Tiger Global Management. It has grown significantly due to initiatives like cash-on-delivery and a robust logistics network across India.
Flipkart is an Indian e-commerce company founded in 2007 by Sachin Bansal and Binny Bansal. It started as an online book retailer and has expanded to sell a wide range of products. It has received over $3 billion in funding from investors and has acquired several other companies. Flipkart focuses on providing customers with a simple user experience, convenient payment options, and excellent customer service, which have contributed to its success as one of the largest e-commerce companies in India.
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of IIT Delhi, to make books easily available online. It has since expanded into multiple product categories. Flipkart raised funding from Accel India and Tiger Global Management, and has grown to thousands of employees and millions of customers. It operates warehouses across India to fulfill orders through its delivery and logistics operations, with a focus on providing customers a good shopping experience.
Flipkart was founded in 2007 by IIT alumni Sachin Bansal and Binny Bansal to make books easily available online. It has since expanded into multiple product categories. Flipkart raised funds and acquired other companies to grow its offerings and customer base. It focuses on providing a positive shopping experience through convenient payment and delivery options to attract and retain customers in India.
1. By Group 3 :-
10PT19 - Mahesh Jain
10PT14 - Farhan Ahmed
10PT23 - Meenakshi Gupta
10PT30 - Pankaj Gupta
2. Introduction
• Online Retail Industry
• It is one of the leading e-commerce players in the country
• With over 11.5 million book titles listed, 11 different categories, more than 2 million
registered users and sale of 30000 items a day.
• Founded by Sachin bansal & Binny bansal in Bangalore, Karnataka in 2007.
• Started with initial capital of INR 4 lakh.
• 7 warehouses, offices and delivery centers (2011).
• Revenue is of 75 Crore (FY 2010-11).
• 4600+ employees till December 2011.
• Subsidiaries are “We Read”, “Mime 360” and “Lets Buy”.
3. Management Team
Sachin spent his early years in Chandigarh. He graduated from IIT-Delhi with a
degree in Computer Engineering. In 2006 he joined Amazon.com in India which
he later left to set-up Flipkart.
As CEO, Sachin oversees all the customer facing activities of the company
ranging from technology to marketing. He is also in charge of Flipkart's corporate
divisions which include the finance and legal departments.
An avid gaming enthusiast, Sachin likes to spend most of his free time with his
family.
Sachin Bansal
CEO and Co-founder
Born and raised in Chandigarh, Binny went on to get a degree in Computer
Engineering from IIT Delhi. He had a brief stint at Amazon before taking the
entrepreneurial plunge with Flipkart.
At Flipkart, Binny oversees all operational activities that come into play from the
time the customer places an order till the time of delivery. This spans across
divisions like warehousing, logistics and customer support.
Binny is also passionate about soccer and NBA. An active sportsman, he used to
captain his school basketball and soccer teams.
Binny Bansal
COO and Co-founder
4. Management Team
Mekin completed his B.E. from PESIT Bangalore in 2002. He started his career
with Yahoo! and then went on to join Ugenie where he created weRead, a
successful social network around books.
At Flipkart, Mekin is responsible for overseeing the company’s technological
operations. These include innovation and application of technology in areas
starting from supply chain to website management.
Mekin is an avid sports fan and was actively involved in badminton, table tennis
and cricket during his school and college days.
Mekin Maheswari
President, Technology
Sujeet completed his engineering from IIT Delhi. He worked in the KPO industry and
orchestrated several freelance projects before joining Flipkart in 2008.
At Flipkart he is responsible for overseeing supply-chain, warehousing and logistics. He is
also in charge of business development for all categories.
Sujeet loves playing bridge and poker.
Sujeet Kumar
President, Operations
5. Company History
•Flipkart was established in 2007 by Sachin Bansal and Binny Bansal, both alumni
of the Indian Institute of Technology Delhi.
•They worked for Amazon.com before quitting and founding their own company.
•Initially they used word of mouth marketing to popularize their company.
•A few months later, the company sold its first book on flipkart.com - John Woods'
Leaving Microsoft to Change the World.
•Today, as per Alexa traffic rankings, Flipkart is among the top 30 Indian web sites
and has been credited with being India's largest online bookseller with over 11
million titles on offer.
•Flipkart broke even in March 2010 and claims to have had at least 100% growth
every quarter since its founding.
•The store started with selling books and in 2010 branched out to selling CDs,
DVDs, mobile phones & accessories, cameras, computers, computer accessories
and peripherals, pens & office supplies, other electronic items such as home
appliances, kitchen appliances, personal care gadgets, health care products etc.
•As of today, Flipkart employs over 4672 people.
6. Funding
• Initially funded by the Bansals themselves with 4 Lakhs(INR).
• Flipkart has since then raised two rounds of funding from venture
capital funds Accel India (in 2009) and Tiger Global Management (up
to the tune of US$10 million) (in 2010).
• Private equity firms Carlyle and General Atlantic are in talks to jointly
invest about $150 million to $200 million in Flipkart, according to
sources.
7. Acquisitions
2010: WEREAD, a social book discovery tool.The stated goal was to give
Flipkart a social recommendation platform for buyers to make informed
decisions based on recommendations from people within their social
network.
2011: Mime360, a digital content platform company.
2011: Chakpak.com is a Bollywood news site that offers
updates, news, photos and videos. Flipkart acquired the rights to
Chakpak’s digital catalogue which includes 40,000 filmographies, 10,000
movies and close to 50,000 ratings. Flipkart has categorically said that it
will not be involved with the original site and will not use the brand
name.
2012: Letsbuy.com is India's second largest e-retailer in electronics.
Flipkart has bought the company for an estimated US$ 25 million.
9. Research Questions
• How did Flipkart get on to the top of India’s e-shopping market in just 4
years?
• What were the strategies implemented by Flipkart to create online
business in India?
• There are millions of retail websites and not many have achieved even a
fraction of the attention that Flipkart has. What is it that makes Flipkart
standout?
• What does Flipkart have that makes its model so Robust?
• What is there strategy behind acquisition of lets buy.
• What is there future road map?
• What are the major threats for Flipkart?
10. Order Lifecycle
• Attract users to the site
Family, Friends, SEO, SEM,WoM, Brand Building
• Provide selection
Make it easy to Find & Discover products
• Provide details to evaluate a product
Description, Specifications, UGC.
• Price well
Have to be competitive to the most obvious options
• Provide convenient payment options
Online, COD
• Confirm payment
11. Order Lifecycle (Cont…)
Get the item
Procure from Supplier (Just-in-time) (Supplier selection)
Keep Inventory (Inventory Prediction, Planning)
Clean & Check for sanity
Pages missing, MRP printed lesser than told to you
Pack the item
Tamper proof, weather proof, breakage proof
Select courier & hand-over
Courier performances vary across regions a LOT
Get tracking id & communicate to customer
Follow-up for timely delivery
Take care of returns (faulty product/user changes their mind)
Minimize returns
12. Why they acquired lets buy
• They will be far ahead in the game, by the time Amazon make a full
fledge entry with their own brand retail products in India.
• It will make Flipkart stronger in the field of E-retailing.
• This acquisition fits in to their strategy of building dominant shares
in all the categories they operate in.
• The price they paid for this opportunity was very attractive.
• This will now, allow them to accelerate faster and to get to a share
similar to what they enjoy in online books category.
• This will strengthen the position of Flipkart in Indian market in light
of the quiet entry of Amazon in Indian e-commerce industry through
jungle.com.
13. What Went Right for Flipkart!
• The first and foremost was that we Indians were discarding our stone-
age ways and beginning to shop online.
• Another thing the two entrepreneurs, Sachin and Binny Bansal, did
right was that they started off with books – a low capital investment and a
fast turn-around time.
• But the best thing they did was that they understood that too be
successful in India, you need to be the God of Distribution.
• In India, it’s amazing Logistics that prove to be the game-changer and
that’s exactly what the folks at Flipkart have done.
14. Challenges Faced By Flipkart
• Initially when they started out, it wasn’t easy for us to earn the trust of the
customer.
• Handling customer complaints, without having a ‘face’ to our customer service
proves to be bit of a challenge at times.
• Not having the ‘display’ advantage, the ‘browsing’ feature and not being able
to carry out promotional activities are some other obvious challenges.
• The discomfort of paying by cards, on account of security fears is another
challenge. They have now tried to address that by introducing the ‘cash-on-
delivery’ option.
• The fact that highest number of orders and sales get registered during
weekends proves to be tough at times for logistics and customer service.
• The fact that we have to work 24 / 7 and the customer perceptions around it
also bring some difficulty (For example, the customer places an order at 12 am
and counts the number of hours for delivery right from then!)
15. What makes it stand out?
• The procurement model is at the heart of Flipkart’s success, as
most delays or troubles occur in this part of business.
• Flipkart employed consignment model i.e. procurement based on
demand.
• It is the robust logistics at Flipkart that sets it apart from other
wannabe e-commerce sites.
• An amazingly well-oiled warehousing and delivery system..
• They offer a huge range of titles (more than 7 million) which really
sets them apart from the rest of the crowd.
16. Marketing Strategy
• Flipkart has been mostly marketed by word of mouth advertising.
• Customer satisfaction has been their best marketing medium.
• Flipkart very wisely used SEO (Search Engine Optimization) and
Google Ad-words as the marketing tools to have a far reach in the online
world.
• Flipkart.com official Face book page has close to 9 lac 'likes'. Flipkart
recently launched a series of 3 ads with the tag line - "No Kidding No
worries"
• Kids were used to create the adverts to send out the message - if a kid
can do it, you can also do it.
• All in all to create a great customer experience.
17. Flipkart’s Success mantra!
• Great customer service
Flipkart users are more satisfied than that of their competitors. Great
customer service has been its hallmark.
• Easy to use website, hassle free payment system
The user interface is sleek and easy to use.
• Cash on delivery/Card on delivery mode of payment
This has been a major instrument in Flipkart’s success. Almost 60% of its
sales happen through this mode. Cash on delivery created trust in the
minds of Indian customers who were always weary of making payments
online.
• Focused on user experience
Every other e-commerce site, tried to cram the maximum of amount of
information possible into every single page where as Flipkart focused on
providing only the relevant info.
19. Prepaid Wallet feature
Flipkart has added a prepaid Wallet feature to its e-commerce platform
that allows shoppers to store money on the site and use it to purchase
items, without having to reach for their credit card for each transaction.
20. Startups Hiring? Do it the Flipkart way!
Hiring or rather right hiring is one of the critical factors contributing to a
startup’s success, So some of the key criteria that the Flipkart team looks
at while hiring are :
• They typically don’t look at specialists to come on board rather they
look out for generalists with the attitude to learn and adapt to the
fast pace of growth .
• “Everyone in the team on a collective and individual level needs to have
a high sense of ownership. This is something which clearly
differentiates a high performing organization from the others.
• Your hiring process is the best brand campaign for you –
“Transparency in hiring is one of the best ways to attract the right kind of
talent
21. Threats to its Crown
• There are no major foreseeable threats in the future.
• The company has built a great brand name, they just have to
maintain and enhance the same.
• Need to keep introducing more products, adapting to the changing
needs of the customer with time.
• The entry of Amazon.com in 2012 in the Indian e-commerce space
has been cited as a big challenge to Flipkart.
• However i think that Flipkart is a respected Brand name in India and
should be able to compete with Amazon.
• Remember Amazon being a very big company can bring in serious
competition to Flipkart, since Amazon can bear more losses in the
beginning to gain customer base.
22. Threats to its Crown(Cont..)
• But again Indian market is growing at a rapid pace as access to
internet increases and people become more aware of e-commerce sites
and start trusting the same.
• Hence Indian market is sufficiently big at-least for these two giants to
co-exist beneficially.
23. Future Road Map
• They aim at 10 times growth, and eyes at $ 1Billion sales by 2015.
•They will look at bigger investments in their supply chain and
technology.
• Investment will be made in large warehouses and increased
automation of their process, so that the product is not delayed.
• They intend to enter in to various new categories and expand their
current categories as well.
• Everything except for groceries and automobiles will be available on
Flipkart in future.
• To go further in the value chain, Flipkart is looking at associations
with a larger number of suppliers and partners, both nationally and
internationally.
24. Conclusion
• Flipkart, the first billion dollar Internet company from India(going by 2015
estimates )is by far the leading online store in the nation.
• Now that Amazon is reportedly entering India in early 2012, this news
becomes even more significant, considering that Amazon has
previously, and unsuccessfully, tried acquiring the company, with Flipkart
demanding a very high buyout price.
• With online retail industry in India pegged to reach $1.5 billion
(2015), sources suggest that e-commerce is just hotting up in India and we
may soon seen many more Internet companies achieving similar success