BuildaBazaar is an e-commerce platform launched by Infibeam to provide online stores to entrepreneurs. It offers customized online stores, 24/7 customer support, and a 15-day free trial. Competitors include Shopify, NDSL, and Martjack. BuildaBazaar targets brands and budding entrepreneurs. Its objectives are survival, profit maximization through value-based pricing and service offerings, and providing discounts to attract customers. The marketing strategy involves social media integration, advertising, and creating successful brand identities to attract more merchants.
Infibeam is an Indian e-commerce company founded in 2007 and headquartered in Ahmedabad. It operates an online retail store selling books, electronics, and other products. Infibeam employs over 1,300 employees and had a turnover of Rs. 1000 crores as of 2013. In addition to online retail, Infibeam also offers e-commerce platform software and launched India's first e-book reader in 2010.
- Infibeam started as an e-commerce website in 2007 selling books, mobiles, gifts, and apparel. It later expanded into other areas like a US site for NRIs and partnerships.
- In 2011, online retail in India was still in its infancy with low credit card penetration and internet subscription growth of 17% annually. Standardized products were preferred for online buying.
- Infibeam differentiates by providing platforms for other companies and stores while targeting rural customers and NRIs. Its challenges include maintaining customers and acquiring new ones with a Rs 5 crore advertising budget.
Infibeam.com is an e-commerce company based in Ahmedabad, India that sells books, electronics, automobiles, and other products online. It was founded in 2007 and has grown to over 600 employees with offices in several major Indian cities. The company is led by Vishal Mehta and focuses on offering consumers a wide selection of products at attractive prices compared to competitors like Amazon.
The document discusses Infibeam.com, an Indian e-commerce company. Some key points:
- Infibeam.com allows customers to browse and purchase products online for delivery within India. It achieved a 1.5% market share in just 3 years.
- The company has expanded to include new services like photo printing and partnered with the Gujarat government on a rural e-commerce initiative.
- Challenges for e-commerce in India include low internet penetration, underdeveloped payment and logistics infrastructure, and lack of customer trust and loyalty for online shopping.
- Successful companies will need to focus on building supply chain capabilities like accurate and timely delivery as well as addressing
Buildabazaar is an e-commerce platform that offers services to create online retail stores. It provides technology, catalog, logistics, marketing and payment solutions under one roof. India's e-commerce market is expected to grow significantly by 2020, creating opportunities for SaaS platforms like Buildabazaar. Currently, Buildabazaar has over 92% market share in India. While it faces threats from competitors and security issues, opportunities exist in the growing small business and online retail markets. Buildabazaar aims to make their platform robust and help merchants succeed through segmentation of customers by geography and behaviors as well as targeting of big brands, SMEs, startups and entrepreneurs.
This document discusses e-commerce solutions from Infibeam, an India-based digital commerce company. It provides an overview of Infibeam's business platforms and services, including its B2C e-commerce marketplace Buildabazaar, loyalty and rewards program, and bring-your-own-device solutions. It also outlines key features of Buildabazaar like catalog management, promotions, payments integration, logistics, and business analytics tools. Infibeam aims to provide a full-stack digital commerce ecosystem for online retailers and merchants.
Flipkart is India's largest online retailer that started as an online bookseller in 2007 and is now valued at over $1 billion with a staff of 2500, but it is facing issues with low profit margins from low value items delivered over long distances and needs to shift its positioning from cheap prices to emphasizing convenience, delivery, and customer service to increase revenue from its existing customer base.
Flipkart is a private Indian e-commerce company founded in 2007 and headquartered in Bangalore, India. It was founded by Sachin Bansal and Binny Bansal and has over 33,000 employees. Flipkart focuses on online shopping and sells a wide range of products including electronics, apparel, books, and other goods. It positions itself as having lower prices than competitors and offers services like cash on delivery, EMIs, and coupons.
Infibeam is an Indian e-commerce company founded in 2007 and headquartered in Ahmedabad. It operates an online retail store selling books, electronics, and other products. Infibeam employs over 1,300 employees and had a turnover of Rs. 1000 crores as of 2013. In addition to online retail, Infibeam also offers e-commerce platform software and launched India's first e-book reader in 2010.
- Infibeam started as an e-commerce website in 2007 selling books, mobiles, gifts, and apparel. It later expanded into other areas like a US site for NRIs and partnerships.
- In 2011, online retail in India was still in its infancy with low credit card penetration and internet subscription growth of 17% annually. Standardized products were preferred for online buying.
- Infibeam differentiates by providing platforms for other companies and stores while targeting rural customers and NRIs. Its challenges include maintaining customers and acquiring new ones with a Rs 5 crore advertising budget.
Infibeam.com is an e-commerce company based in Ahmedabad, India that sells books, electronics, automobiles, and other products online. It was founded in 2007 and has grown to over 600 employees with offices in several major Indian cities. The company is led by Vishal Mehta and focuses on offering consumers a wide selection of products at attractive prices compared to competitors like Amazon.
The document discusses Infibeam.com, an Indian e-commerce company. Some key points:
- Infibeam.com allows customers to browse and purchase products online for delivery within India. It achieved a 1.5% market share in just 3 years.
- The company has expanded to include new services like photo printing and partnered with the Gujarat government on a rural e-commerce initiative.
- Challenges for e-commerce in India include low internet penetration, underdeveloped payment and logistics infrastructure, and lack of customer trust and loyalty for online shopping.
- Successful companies will need to focus on building supply chain capabilities like accurate and timely delivery as well as addressing
Buildabazaar is an e-commerce platform that offers services to create online retail stores. It provides technology, catalog, logistics, marketing and payment solutions under one roof. India's e-commerce market is expected to grow significantly by 2020, creating opportunities for SaaS platforms like Buildabazaar. Currently, Buildabazaar has over 92% market share in India. While it faces threats from competitors and security issues, opportunities exist in the growing small business and online retail markets. Buildabazaar aims to make their platform robust and help merchants succeed through segmentation of customers by geography and behaviors as well as targeting of big brands, SMEs, startups and entrepreneurs.
This document discusses e-commerce solutions from Infibeam, an India-based digital commerce company. It provides an overview of Infibeam's business platforms and services, including its B2C e-commerce marketplace Buildabazaar, loyalty and rewards program, and bring-your-own-device solutions. It also outlines key features of Buildabazaar like catalog management, promotions, payments integration, logistics, and business analytics tools. Infibeam aims to provide a full-stack digital commerce ecosystem for online retailers and merchants.
Flipkart is India's largest online retailer that started as an online bookseller in 2007 and is now valued at over $1 billion with a staff of 2500, but it is facing issues with low profit margins from low value items delivered over long distances and needs to shift its positioning from cheap prices to emphasizing convenience, delivery, and customer service to increase revenue from its existing customer base.
Flipkart is a private Indian e-commerce company founded in 2007 and headquartered in Bangalore, India. It was founded by Sachin Bansal and Binny Bansal and has over 33,000 employees. Flipkart focuses on online shopping and sells a wide range of products including electronics, apparel, books, and other goods. It positions itself as having lower prices than competitors and offers services like cash on delivery, EMIs, and coupons.
Flipkart is an Indian e-commerce company known for its online shopping website. It has established itself as a trusted brand through its reliable and customer-centric approach. The company focuses on easy and quick shopping, various product categories, and a simple website interface. Through effective digital marketing and social media presence, Flipkart has become a pioneer in online retail in India.
Flipkart history and valuation over the yearsHarsh Suchak
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal as an online bookstore in India. It soon expanded into other product categories like electronics, fashion, and became one of the largest e-commerce companies in India. In 2014, Flipkart acquired fashion retailer Myntra to strengthen its apparel portfolio. In 2018, Walmart acquired Flipkart for $16 billion, valuing the company at $21 billion post-money. This was the largest acquisition of an Indian startup at the time.
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 established in 2007 by IIT alumni Sachin Bansal and Binny Bansal. It initially sold books online and has since expanded into various product categories. Flipkart has raised over $3 billion in funding and acquired companies like Myntra. It focuses on strong logistics and customer service to compete with Amazon in India. Flipkart's vision is to become the largest online retailer in India across all categories except groceries and automobiles.
Flipkart is India's leading e-commerce company founded in 2007. It has grown rapidly and is now valued at over $9.76 billion. E-commerce in India is poised for rapid growth as the market is expanding beyond major cities into rural areas, driven by increasing internet and smartphone access. Flipkart uses marketing strategies like word of mouth, promotions and discounts, easy to use interfaces, and standardized packaging to drive customer acquisition and retention. It aims to capture 10% of India's retail market by expanding product categories and growing its supplier network nationally and globally. Key competitors include Amazon India, Snapdeal, and Jabong. Flipkart's first mover advantage, investment in infrastructure and customer focus have been factors
Complete marketing analysis of Flipkart. Piyush Kapoor
consist of marketing analysis of flipkart which includes
History
environmental analysis of flipkart
pest analysis of flipkart
marketing mix of flipkart
Flipkart is an Indian electronic commerce company that was founded in 2007 and is headquartered in Bengaluru. It allows customers to purchase products through its website and mobile app. Flipkart uses various marketing strategies across different platforms like Facebook, Twitter, YouTube, and affiliates to promote its brand and drive sales. It has partnered with other companies for exclusive product launches to boost its market share in India's e-commerce sector.
Flipkart - Analysis of Marketing Strategy and new Branding IdeasManeesh Garg
The analysis of Flipkart's old marketing strategy and new branding ideas for better sales and publicity.
To get a copy of this presentation, share your views about the presentation with your email id in Comments section... I keep on updating my presentations and documents. To ensure that you don't miss any update or new upload don't forget to press the "FOLLOW" and "LIKE" button
This document provides an overview of the Indian e-commerce company Flipkart. It summarizes that Flipkart was founded in 2007 in Bangalore by IIT graduates Sachin Bansal and Binny Bansal. It initially started with capital of 4 lakh rupees and has since grown significantly, with over 4600 employees and revenue of 1180 crore rupees as of 2013-2014. Key aspects of Flipkart's success include its procurement model, robust logistics and delivery systems, vast product selection, and focus on customer experience. The document also outlines Flipkart's marketing strategies, future plans for growth, and threats to its leading position in the Indian e-commerce market.
Detailed business models of top e commerce websites of indiaArham Partap Jain
The document provides an overview of several major Indian e-commerce websites, including Flipkart, Snapdeal, Myntra, Jabong, 99labels, and Naaptol. It discusses the history, business models, features, funding, and future plans of each site. The sites range from market leaders like Flipkart to specialized sites focused on areas like discounts (Snapdeal) and fashion (Jabong, Myntra).
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.
This document summarizes key information about Flipkart, an Indian e-commerce company. It outlines Flipkart's goals of accessibility and affordability. It discusses Flipkart's large product selection across categories and its rapid revenue growth. The document also summarizes Flipkart's main competitors and describes its digital marketing and channel strategies, including its use of social media, blogs, and affiliate programs. High-level analytics on Flipkart's social media mentions are also presented.
Flipkart is one of India's leading e-commerce companies, founded in 2007 in Bangalore. It focused early on selling books online but has since expanded its product lines. To succeed in India's skeptical online market, Flipkart built trust by offering secure payments, 24/7 customer service, its own delivery network, and generous return policies. It saw much growth and now employs over 4,800 people and works with over 600 suppliers. While facing competition from global giants, Flipkart has established itself as India's top domestic online retailer.
Flipkartanalysis2 141017040240-conversion-gate01meet shah
Flipkart is an Indian e-commerce company founded in 2007 and headquartered in Bangalore. It was founded by Sachin and Binny Bansal who previously worked at Amazon. Flipkart started by selling books online and later expanded into other product categories. Its mission is to provide a delightful customer experience and its vision is to become the Amazon of India. While online retail is booming in India, Flipkart faces challenges like customer loyalty and education as well as competition from other players like Amazon, Snapdeal, and Myntra.
An overview of the ecommerce giant Flipkart. How did it begin> Who are the shareholders? Problem recognition, USP, business value ,competitors, future plans and business model.
DIGITAL MARKETING AND A CASE STUDY ON FLIPKART.COMKishan Parasuram
DIGITAL MARKETING:This presentation is about Digital Marketing and the Success story of Flipkart.com embracing it presented on March 19 at WASS PRESIDENCY COLLEGE CENTRE FOR MANAGEMENT STUDIES BY KISHAN chaired by respected director Dr.M J ARUL
Flipkart is one of India's leading e-commerce companies, founded in 2007 with initial capital of INR 4 lakh. It has over 11.5 million book titles listed across 11 categories and over 2 million registered users. Flipkart has raised over $3 billion in funding over 12 rounds from 16 investors. It has made several acquisitions including Myntra in 2014 and Jabong in 2016 to strengthen its fashion portfolio. Flipkart stands out due to its robust logistics and warehousing network, huge product selection, and initiatives like UPI payments and Big Billion Day sales.
BizVibe is home to over seven million company profiles across 700+ industries. Our single minded focus is to make business networking easier. Over the years, we've searched far and wide to figure out how businesses connect and enable trade; not surprising then, that the first interaction is usually fraught with the uncertainty of finding a potential partner vs. a potential nightmare.
National Housing Development Corporation (NHDC) is a nonprofit that acquires and preserves affordable housing, but lacked awareness among stakeholders. To address this, NHDC implemented a communications strategy that secured over 85 media stories, increasing coverage by 2,700%. This raised the profile of NHDC and affordable housing issues, and led to NHDC growing its property portfolio to over 4,150 affordable housing units due to increased funding and awareness of their work.
Flipkart is an Indian e-commerce company known for its online shopping website. It has established itself as a trusted brand through its reliable and customer-centric approach. The company focuses on easy and quick shopping, various product categories, and a simple website interface. Through effective digital marketing and social media presence, Flipkart has become a pioneer in online retail in India.
Flipkart history and valuation over the yearsHarsh Suchak
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal as an online bookstore in India. It soon expanded into other product categories like electronics, fashion, and became one of the largest e-commerce companies in India. In 2014, Flipkart acquired fashion retailer Myntra to strengthen its apparel portfolio. In 2018, Walmart acquired Flipkart for $16 billion, valuing the company at $21 billion post-money. This was the largest acquisition of an Indian startup at the time.
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 established in 2007 by IIT alumni Sachin Bansal and Binny Bansal. It initially sold books online and has since expanded into various product categories. Flipkart has raised over $3 billion in funding and acquired companies like Myntra. It focuses on strong logistics and customer service to compete with Amazon in India. Flipkart's vision is to become the largest online retailer in India across all categories except groceries and automobiles.
Flipkart is India's leading e-commerce company founded in 2007. It has grown rapidly and is now valued at over $9.76 billion. E-commerce in India is poised for rapid growth as the market is expanding beyond major cities into rural areas, driven by increasing internet and smartphone access. Flipkart uses marketing strategies like word of mouth, promotions and discounts, easy to use interfaces, and standardized packaging to drive customer acquisition and retention. It aims to capture 10% of India's retail market by expanding product categories and growing its supplier network nationally and globally. Key competitors include Amazon India, Snapdeal, and Jabong. Flipkart's first mover advantage, investment in infrastructure and customer focus have been factors
Complete marketing analysis of Flipkart. Piyush Kapoor
consist of marketing analysis of flipkart which includes
History
environmental analysis of flipkart
pest analysis of flipkart
marketing mix of flipkart
Flipkart is an Indian electronic commerce company that was founded in 2007 and is headquartered in Bengaluru. It allows customers to purchase products through its website and mobile app. Flipkart uses various marketing strategies across different platforms like Facebook, Twitter, YouTube, and affiliates to promote its brand and drive sales. It has partnered with other companies for exclusive product launches to boost its market share in India's e-commerce sector.
Flipkart - Analysis of Marketing Strategy and new Branding IdeasManeesh Garg
The analysis of Flipkart's old marketing strategy and new branding ideas for better sales and publicity.
To get a copy of this presentation, share your views about the presentation with your email id in Comments section... I keep on updating my presentations and documents. To ensure that you don't miss any update or new upload don't forget to press the "FOLLOW" and "LIKE" button
This document provides an overview of the Indian e-commerce company Flipkart. It summarizes that Flipkart was founded in 2007 in Bangalore by IIT graduates Sachin Bansal and Binny Bansal. It initially started with capital of 4 lakh rupees and has since grown significantly, with over 4600 employees and revenue of 1180 crore rupees as of 2013-2014. Key aspects of Flipkart's success include its procurement model, robust logistics and delivery systems, vast product selection, and focus on customer experience. The document also outlines Flipkart's marketing strategies, future plans for growth, and threats to its leading position in the Indian e-commerce market.
Detailed business models of top e commerce websites of indiaArham Partap Jain
The document provides an overview of several major Indian e-commerce websites, including Flipkart, Snapdeal, Myntra, Jabong, 99labels, and Naaptol. It discusses the history, business models, features, funding, and future plans of each site. The sites range from market leaders like Flipkart to specialized sites focused on areas like discounts (Snapdeal) and fashion (Jabong, Myntra).
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.
This document summarizes key information about Flipkart, an Indian e-commerce company. It outlines Flipkart's goals of accessibility and affordability. It discusses Flipkart's large product selection across categories and its rapid revenue growth. The document also summarizes Flipkart's main competitors and describes its digital marketing and channel strategies, including its use of social media, blogs, and affiliate programs. High-level analytics on Flipkart's social media mentions are also presented.
Flipkart is one of India's leading e-commerce companies, founded in 2007 in Bangalore. It focused early on selling books online but has since expanded its product lines. To succeed in India's skeptical online market, Flipkart built trust by offering secure payments, 24/7 customer service, its own delivery network, and generous return policies. It saw much growth and now employs over 4,800 people and works with over 600 suppliers. While facing competition from global giants, Flipkart has established itself as India's top domestic online retailer.
Flipkartanalysis2 141017040240-conversion-gate01meet shah
Flipkart is an Indian e-commerce company founded in 2007 and headquartered in Bangalore. It was founded by Sachin and Binny Bansal who previously worked at Amazon. Flipkart started by selling books online and later expanded into other product categories. Its mission is to provide a delightful customer experience and its vision is to become the Amazon of India. While online retail is booming in India, Flipkart faces challenges like customer loyalty and education as well as competition from other players like Amazon, Snapdeal, and Myntra.
An overview of the ecommerce giant Flipkart. How did it begin> Who are the shareholders? Problem recognition, USP, business value ,competitors, future plans and business model.
DIGITAL MARKETING AND A CASE STUDY ON FLIPKART.COMKishan Parasuram
DIGITAL MARKETING:This presentation is about Digital Marketing and the Success story of Flipkart.com embracing it presented on March 19 at WASS PRESIDENCY COLLEGE CENTRE FOR MANAGEMENT STUDIES BY KISHAN chaired by respected director Dr.M J ARUL
Flipkart is one of India's leading e-commerce companies, founded in 2007 with initial capital of INR 4 lakh. It has over 11.5 million book titles listed across 11 categories and over 2 million registered users. Flipkart has raised over $3 billion in funding over 12 rounds from 16 investors. It has made several acquisitions including Myntra in 2014 and Jabong in 2016 to strengthen its fashion portfolio. Flipkart stands out due to its robust logistics and warehousing network, huge product selection, and initiatives like UPI payments and Big Billion Day sales.
BizVibe is home to over seven million company profiles across 700+ industries. Our single minded focus is to make business networking easier. Over the years, we've searched far and wide to figure out how businesses connect and enable trade; not surprising then, that the first interaction is usually fraught with the uncertainty of finding a potential partner vs. a potential nightmare.
National Housing Development Corporation (NHDC) is a nonprofit that acquires and preserves affordable housing, but lacked awareness among stakeholders. To address this, NHDC implemented a communications strategy that secured over 85 media stories, increasing coverage by 2,700%. This raised the profile of NHDC and affordable housing issues, and led to NHDC growing its property portfolio to over 4,150 affordable housing units due to increased funding and awareness of their work.
The KK Group was founded in 1972 in Kolkata, India and has a current worth of $9 million. It operates several companies focused on supplies for mines and minerals. The document discusses divesting KAL, the water management division located in Noida, for $5 million to focus resources on expanding the core rubber and conveyor businesses globally. KAL produces tube settlers, tube filters, and plastic fills for cooling towers, with a domestic market size estimated at $11 million realistically. Divesting KAL would provide cash to strengthen global operations per the founder's request and consolidate multi-location management.
This document provides an analysis of a problem, several alternative solutions, the selection of one solution, an implementation schedule, expected results, and rationale for the chosen solution. It also includes background information on the company and references cited. The summary is in 3 sentences or less as requested.
This document provides an overview of Snapdeal and Infibeam, two major Indian e-commerce companies. For Snapdeal, it summarizes their founding and growth, business model as a marketplace, financial results, logistics improvements, and promotional strategies using social media. For Infibeam, it outlines their hybrid business model, profitability, supply chain and logistics network, customer segmentation, pricing approach, and promotional campaigns. Both companies aim to offer large product assortments and leverage social media for customer acquisition.
This document discusses Siemens Electric Motors' change to a new costing system. Previously, Siemens focused on standard motors but shifted strategy to customized motors. The traditional costing system did not properly allocate overhead costs. The new system separates overhead into special components costs and order processing costs pools. The director notes the new strategy would have failed without the improved costing system, which more accurately represents costs for small production runs.
The document summarizes a usability study conducted on the Sulekha.com website. It collected data from 3 users with different levels of online experience. The study found several usability issues including inconsistent navigation, overloaded pages, and poor positioning of important elements. Recommendations included redesigning pages for better color scheme, appearance consistency, and usability. Suggestions also involved improving readability of highlights and repositioning important links more prominently.
GST is a comprehensive indirect tax that will replace existing indirect taxes on goods and services in India. It will be levied at each stage of sale or purchase of goods and services based on input tax credit. GST aims to create a unified national market, reduce the overall tax burden through input tax credit, and boost tax revenues. However, there are challenges in implementing GST such as getting approval from all state governments and setting an appropriate revenue neutral rate. GST is expected to benefit various sectors of the economy by simplifying taxation, reducing costs, removing inter-state barriers, and increasing tax revenues.
The document discusses several key points about brands:
1. A brand is a person's gut feeling about a product/service/organization and is shaped by factors like staff and marketing but people ultimately define it themselves.
2. Brands help consumers make choices because they provide trust and differentiation in an environment with many similar options.
3. A strong brand identity, expressed through environment, communication, and behavior, is important for business success and competing on more than just price.
This document summarizes the management system at Siemens Pakistan. It outlines Siemens Pakistan's vision to be a market leader in engineering and electronics using Siemens Group expertise. The mission focuses on quality, earnings, employee satisfaction, and supporting technology transfer. Core values include responsibility, excellence, passion for improvement, and innovation. The document then discusses the quality management system, corporate strategy, business conduct guidelines, human resource management practices, and emphasis on social responsibility projects.
IndiaMART- ET Now Leaders of Tomorrow Awards 2013IndiaMART.com
IndiaMART Leaders of Tomorrow Awards aims at celebrating the success stories and honor entrepreneurs who have transformed stumbling blocks into stepping stones driven by their passion, determination and undying spirit of entrepreneurship. The Awards, in association with ET NOW Business News Channel, has had three successful editions in 2010, 2011 & 2012 and will have its 4th edition this year in 2013. Our process partners, Nielsen in 2010 and E&Y in 2011, 2012 & 2013, ensure complete process compliance and veracity of the data received from nominee MSMEs. The Awards this year will feature 14 categories under which the SMEs will be recognized for their outstanding performance along with 3 special recognition awards selected by Jury
This document provides an overview of Future Group, an Indian retail company. It discusses Future Group's various business lines including retail, BPO, new media, security management, and construction. It describes Future Group's retail formats such as Big Bazaar, Pantaloons, Food Bazaar and others. It also discusses Future Group's orientation towards the marketplace, analyzing concepts like the selling concept, marketing concept, and holistic marketing concept. Finally, it analyzes Future Group's macroenvironment including needs and trends as well as major forces affecting the company.
The document summarizes key aspects of the Goods and Services Tax (GST) proposed to be implemented in India. It discusses how GST aims to address the cascading effect of taxes under the current system by introducing a single indirect tax on the supply of goods and services. It highlights some benefits of GST like reducing economic distortions, boosting tax revenues, and making exports more competitive. However, it also notes challenges in GST implementation like the deferred application to some petroleum products potentially leading to continued tax cascading, and the need for cooperation between central and state governments.
This document provides a template for a nonprofit marketing plan. It outlines 10 sections to include in the plan: goals, benchmarks and measures, situation analysis, target audiences, calls to action, framing the message, strategies, tactics, resources, and work plan. The template is designed to help nonprofits develop concrete marketing goals and strategies to engage target audiences and meet organizational objectives.
How will be the impact of GST on manufacturing industry?
“The government also realizes that becoming a manufacturing hub will need several strategic reforms to simplify manufacturing in India. One of the proposed reforms, in line with Make in India, is the implementation of the Goods and Services Tax (GST). “
Creative971 - Shopify Dropshipping in Dubai, UAEAnnaBautista15
Creative971 is a Dubai-based digital agency specializing in Shopify and Shopify Plus. They have an in-house team of experts and offer various services including web design, development, online training programs, and hosting official Shopify events in Dubai. Creative971 works with local and international brands to develop their online retail and omnichannel solutions from strategy through ongoing optimization.
Biz bol presentation_ Comprehensive StudyJ Prakash
‘Market timing, ‘demand certain innovation and strategy to out master competition and a continuum to
be winner and market leaders. In a racing digital age it always about content: at the right time / at the
right place / to the right people to take action on it .If you could control this flow of information , tap on
interactions between Brand and consumers at local global level through a product will unlock new
avenues for growth in markets and sectors worldwide.
Orgapp Technologies was always an Advertisement / PR / Market research company. However to get
all odds into even, you have to Innovate. Hence, Phase 1:
Phase 1 is BizBol.com to get Brand and Consumer interactions, under a roof, directly through middle
men, Local Retailers and bring this whole experience through a cloud base online platform, in a web
savvy tomorrow market structure. If you could control this flow of information you out master
competition and have a say in how, what, when inform was exchange, acted upon and where. Than
unlocking new avenues for growth into markets and sectors worldwide:
http://www.orgapp.com/whatwedo.html
Other Products
HealthBol.com :sector healthcare (under development)
It provide a platform for Patients / Doctors / Hospitals / Pharmacy to interact exchange information.
In order to acknowledge companies that are working round the clock to make the retail industry a better place, Insights Success has enlisted, “The Companies with Most Disruptive Retail Solutions 2019”.
A analysis of Alibaba.com and Alibaba Group in terms of their business strategy and global challenges. Including SWOT, Business Canvas and 4P analysis and some simple financial analysis for year 2016 and 2015.
eStoreBuilders aims to become the number 1 online sales and distribution company in India within 3 years. It will focus on selling online store builder services to fashion, furniture, handicrafts, and jewelry manufacturers. The business plan outlines strategies for customer acquisition, revenue generation, organizational structure, and financial projections. It forecasts rapid customer and revenue growth over 3 years under 3 options, with the potential to become profitable in the second year and achieve over 200% revenue growth in the third year. Challenges include reducing order cancellations and maintaining high resource utilization.
The document discusses SWOT analysis and provides information about Flipkart, an Indian e-commerce company. It summarizes Flipkart's business model, history, and performance. It also analyzes some of Flipkart's strengths like its large size and market leadership in India. Weaknesses discussed include limited delivery reach compared to Amazon. Opportunities mentioned are expanding to other markets and optimizing supply chain. Threats include competition from global players like Amazon and regulations affecting the e-commerce industry in India.
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.
Storrea is an e-commerce platform for the Bangladeshi entrepreneurs. Its an initiative by some youth bloods of Bangladesh. It offers a platform to clients (the entrepreneurs) that help them set up their business without any prior knowledge in web development. This platform covers every aspects of your business: apart from online shop management to process purchase order, it gives online store owner a full-fledged support to run their business.
Storrea Ltd. is currently seeking for investments to excel its current growth. Established and registered as a private company in Bangladesh it offers exciting opportunity to its investors.
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.
BUSINESSES OPPORTUNITY
Our company Pacific is a business that sells products through a website. It’s synonymous with an online store. These products can be physical like shoes, cosmetics, books, groceries, etc. Or they can be online courses, training programs and memberships, ready meal subscriptions, renting fashion items, and so on.If you sell only your own products through a website, you’re a direct-to-consumer business. If you have both a brick-and-mortar and online shop, your model is a hybrid. Ecommerce retailers can also sell other brands’ products that they don’t produce themselves.
The world today has involve into technology that's why we created this e-commerce businesses to adopt to the growing evolution of humanity our, business offers you the easiest way to buy your needs and wants online. Pacific offers all you want from latest gadgets to fresh groceries and personal hygiene making your life easier. We know that starting this kind of business is not easy we can face allot of similar businesses likeshopee and Lazada in order to compete to them Pacific makes allot of awesome features in order to meet the needs and wants of our customers. Pacific has a feature that you can't see from other e-commerce companies we give our customers a wonderful User Experience in order to meet loyalty to our product.
PURPOSE/LOCATION
There are a variety of purposes that Pacific can serve, but most of them can be traced back to one common goal: generating a profit. Pacificdo this more subtly, choosing to highlight the quality of a craft or to showcase one’s expertise in a particular field. Others, namely the ecommerce site, act as a virtual store in which visitors become customers walking down the digital aisles of your business, filling up the carts with our products.
TARGET MARKET
Our target market is a group of people or institutions that are most likely to share the same shopping interests and might be willing to buy a company’sproducts and services.As these folks are the most potential prospects for an e-Commerce store that’s dealing in its respective niche, it makes more sense for that e-Commerce store to focus on these groups in terms of marketing and keeping them hooked with their online store.
CAPITAL FORMATION
Ever since the dawn of merchandise, traders have sought ways to ease the cost of transactions. The recent growth of information and communication technology provided a wide range of solutions for international and national transactions by introducing e-commerce. As a result of this development, e-commerce recently emerged as a dominant transaction activity with a significant impact on the national economies. Our capital base our computation in around (500,000 Thousand pesos)
GOALS AND OBJECTIVES
The primary goal of our company Pacific is to reach maximum customers at the right time to increase sales and profitability of the business. Functions of Pacific include buying and selling goods, transmitting funds or data over the interne
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2. 2
ACKNOWLEDGEMENT
The module of Marketing Management II has been a unique experience in learning the
marketing aspects and techniques of actual implementing marketing plan and strategy.
During our visit to the company Infibeam we have gained a whole bunch of new experiences
and learned the aspects of actual work environment. We have gained experience in analyzing
a business situation and the marketing techniques that we can adopt in order to run and grow
the business successfully. We have started with the marketing plan of the BuildaBazaar
platform which has a vision to provide shop to every entrepreneur in an affordable way with
least investment of cost. During our every visit to the company our mentor Mr. Kush Tyagi
(Sr. Manager, Infibeam.com) had shared his experience of working in an actual business
environment and also imparted with the knowledge of marketing. It has been a fruitful
experience to learn the actual work environment and use the knowledge we have gained in
the module of Marketing Management- I. Now, we can do the analysis of a business situation
and we can formulate and implement marketing strategy. The module of Marketing
Management II has provided us a framework for decision-making where we can apply both
our knowledge of marketing concepts and also implement the creativity.
3. 3
CONTENTS-
1. INTRODUCTION
2. EXECUTIVE SUMMARY
3. SITUATION ANALYSIS:
a. MARKET SUMMARY
b. SWOT ANALYSIS
c. COMPETITION
d. PRODUCT OFFERINGS
e. DISTRIBUTION
4. MARKETING STRATEGY:
a. OBJECTIVES
b. MARKET SEGMENTATION
c. TARGETING
d. POSITIONING
e. STRATEGIES
i. PRODUCT
ii. PRICE
iii. DISTRIBUTION
iv. COMMUNICATION
v. BRANDING
f. MARKETING MIX
g. BLOG
h. FORECASTING
5. FINANCIALS
a. BUDGET
b. REVENUE MODEL
c. EXPENSES
d. ROI
6. CONTROL MEASURES
7. RECOMMENDATIONS
8. EVIDENCE
4. 4
INTRODUCTION
Infibeam was founded in 2007 by Vishal Mehta in Ahemdabad. Mehta started Infibeam along
with a group of Amazon employees. He funded the company by selling his personal assets
rather than opting for external equity funding. The company was started with an initial capital
of ₹ 10-15 crores. Infibeam.com started as an automobile portal in 2007, but later turned into
an online retailer.
THE STORYSO FAR-
Established in Sept 2007.
Acquired digital catalog IP from a proprietorship on March 2008.
Acquired online photo printing portal picsquare.com on Aug 2008.
Launched BuildaBazaar enterprise platform on Jun 2011.
Sets up JV with sony for digital downloads and distribution on Nov 2012.
BuildaBazaar crosses the landmark figure of hosting 20,000 retailers on its platform on Dec
2013.
Buys digital marketer ODigMA for $5 million on Feb 2014.
Sony buys 26 percent stake in Infibeam’s digital entertainment platform on May 2014.
Launched a new generic top-level domain(.ooo) on Oct 2014.
EXECUTIVE SUMMARY
Infibeam is an E-commerce company involved in Online retailing, E-Commerce Software
and Internet Services. It has launches the Builabazaar enterprise platform in June 2011. With
the growing scope of internet and technology the company has planned to move beyond the
online retailing and wants to establish an infrastructure for the entrepreneurs to build their
stores online. The company is trying to capture the market opportunity of building the online
platform for selling goods. The company has been aware that more consumers are coming
online day by day. Also, the established brand of infibeam will strengthen their idea of
building e- commerce platform. The company has been focused to provide the incomparable
technological support to its client through its flexible platform of BuildaBazaar in order to
provide shop to ever Indian in an affordable way. The company has set its objective to further
strengthen and grow the service platform of BuildaBazaar.
5. 5
MARKET SUMMARY
Infibeam.com is currently generating profits on their part and thus have a good customer base
for their products. The Company also has an e commerce platform to build e- stores for
business entrepreneurs. The increasing usage of internet and global reach shows a positive
growth for the company in the coming years. With the increasing competitors in the market
the company wants to scan the current market situation to further promote their product and
create awareness so that they can emerge at an apex position.
As infibeam.com runs on IT platform and offers B2B, their end customers are “brands”.
Their product ‘BuildaBazaar targets the budding entrepreneurs’. Through BuildaBazaar they
can avail a 15 days free trial and can get business platform where they can upload their
complete catalogue and start their online business.
BUILDABAZAAR-
BuildaBazaar is an enterprise platform built by Infibeam with operations in India and
Middle East.
It is a SaaS model that is, software as a service which ensures high performance platform
without worrying about the hardware maintenance and software up gradations.
It offers small , medium and large merchants a wide commerce platform to start online
store under their own domain name.
It is based on cloud services which supports multi lingual, multi currency features and
integrates operation support services like payment gateway, logistics, order management,
marketing & catalogue management.
Leading brands who trust BuildaBazaar are Crossword ,Airtel, Hidesign, MTS and many
more.
Shopify, Zepo, Shopnix are few of the competitors of BuildaBazaar.
This product is the main pillar of Infibeam. Where other e-commerce companies of INDIA
like flipkart , jabong are running on losses , Infibeam is INDIA’s only profitable e-commerce
company because of its B2B platform and BuildaBazaar is one of them.
After the IPO Infibeam is planning to come out with certain improvisations in its existing
profiles so as to gain the maximum benefit , sales and market share.
POTENTIAL SIZE OF THE MARKET
Infibeam’s B2B profile portal BuildaBazaar is currently the leader in the ecommerce
shopping platform provider.
6. 6
There are few more companies in this field but the level of services provided by
BuildaBazaar are comparatively higher such as
o Marketing activities for brands
o Ground activities for big brands
o Logistics
There are at this time 30000+ live stores in BuildaBazaar and still counting.
Upcoming competitors are both challenge as well as opportunity.
The size is not confined as any enterprise with plan and money is entertained here.
New start-ups with plans and ability to pay will broaden the size of the market.
SWOT ANALYSIS OF BUILDABAZAAR
STRENGTHS-
Customized look and feel.
Speed of execution.
Customer support: 24*7 and weekends too.
Free trials.
WEAKNESS-
Transaction fees
Less number of products displayed
No application support
Partner not liable to share sales upto Rs. 25000/- earned by partner during the first 6
months
OPPORTUNITIES-
Customers are more on mobiles and apps now
Unexploited rural small and medium consumers
Youths coming up with online start ups
Can expand more internationally
THREATS-
Number of alternatives available
Companies coming up with their own online retail websites
Security issues
Amazon is also coming up with B2B profile
7. 7
COMPETITION
The key competitors of BuildaBazaar are-
1.) NDSL- Net distribution enables brands and retailers to start selling their products
online under their own brand. To enable their clients to sell using their unique
e.tailing model. They have built a robust e-commerce ecosystem that enables brand to
sell to customers directly using the exclusive online brand outlet (EOBO) concept.
2.) Shopify- A Canadian Commerce Company headquartered in Ottawa, Ontario that
develops computer software’s for online stores and retail point-of-sale system.
Founded in 2004, and was initially based on earlier software written by its founders
for their online snowboard store. The company reports that it has 200,000 merchants
using its platform, with total gross merchandise volume exceeding $10 billion.
3.) Martjack- Martjack is a full-fledged ecommerce software platform to create online
store. Create your own web store and start selling online within minutes. E-commerce
platform system is used by a spectrum of retail businesses including brands, retail
chains, manufacturers, distributors and other retail businesses.
4.) Shopnix- shopnix is one of the best ecommerce platform that gives everything
requires to sell product online. Including website, hosting, shopping cart software and
payment gateway. Ecommerce services are helpful to manage online store software
has features which continuously tested with real life consumers.
5.) Zepo- An Indian ecommerce start-up headquartered in Mumbai, India that offers DIY
ecommerce platform which help SMBs create and run their own online store. it
currently hosts more than 1500 online stores on its platform. The company was
awarded with express IT award under entrepreneurship category in 2014.
PRODUCT OFFERINGS
BuildaBazaar offers:
i) Live online store for entrepreneur.
ii) Entrepreneur can build their own branded online store and can start their business.
iii) Provide 15 days free trial service.
iv) Offers payment gateway, marketing support and logistics support.
NATURE OF PRODUCTS
o Jewellery: Mangalam, EVES24, Sukkhi online jewellery etc.
o Home Decor: @home , Nilkamal , furnishturfetc
8. 8
o Apparels :Club Fox , GlowIndianetc
o Books : Om Books.com , Crossword etc
o Theme Parks :Adlabsimagica , Adventure Island etc
EXCEPTIONS TO THE PRODUCTS
o Food products are perishable in nature so these are less favourable for them.
BASIC PRODUCT FEATURE
The nature and type of the product depends on the interested enterprise itself. The common
feature that BuildaBazaar provide is good back end service.
BuildaBazaar deals with or allows every kind of product to be sold through its portal except
highly perishable items.
CHANNEL
A channel strategy is a plan of the vendor as to how a product or a service will move through
the decided or planned chain of commerce to the ultimate consumers.
A prescribed channel design is required to be made in order to make sure that there are no
clashes or confusion in between the movement of a product or service.
Our company that is BuildaBazaar being a SaaS that deals in B2B profile follows a zero level
marketing strategy or a direct channel of marketing.
It directly deals with the consumers without any intermediaries in between as it is basically a
software that provides a platform to other enterprises (SME’s) to come and sell their products
online under their own brand name.
The third party components can be considered rather.
They are as follows:
Logistics
Payment gateways
Other integrations
LOGISTICS
BuildaBazaar provides logistics support to its customers. It has 35 third party courier partners
integrated into the platform. BuildaBazaar connect its customer to one or more of them for
exploring a partnership. This way the customers that are the brands in the platform can
organize their shipping services.
9. 9
Some of the shipping agents are as follows:
BlueDart
Deccan 360
RedExpress
DTDC
Fedex
DHL etc.
International shipping is also facilitated now for gold plans.
PAYMENT GATEWAYS
The enterprises under BuildaBazaar can collect online payments using credit cards, debit
cards and net banking as well. For this purpose BuildaBazaar provides support for online
payment gateways integration to its customers.
It is integrated with numbers of domestic and international payments gateways that can be
used by the brands or enterprises in the platform to solve their online payment problems.
Some of the qualified payment gateways are as follows:
DirecPay
Billdesk
CCAvenue
TechProcess
HDFC
PayPal
Axis etc
Other than this the payment gateway apps in the BuildaBazaar app store like Paytm ,PayU
Money etc can also solve the problem.
For offline payments cash on delivery facility is also available.
OTHER INTEGRATIONS
Apart from the above two that are mentioned, BuildaBazaar has integrated with other third
parties for different services. For example :
it has integrations with some companies for sending bulk SMS
Amazon for cloud computing
3rd party app store for merchant for the purpose of feedback, payment gateway, launch
and campaign, etc.
In case of the 3rd party app store the app developers also get large pool of merchants through
BuildaBazaar.
10. 10
OBJECTIVES
PRICING OBJECTIVES
It gives direction to the whole pricing process as well as determines the various objectives
involved in the first step of pricing. When deciding on pricing objectives one must consider.
1) The overall financial, marketing and strategic objectives of the company.
2) The objectives of the product or brand.
3) Consumer price elasticity and price points.
4) The resources available.
The pricing objectives followed by BuildaBazaar are as follows:
1) Survival - BuildaBazaar is more about providing services rather than products. So
there is flexibility in price based on their needs and requirement of the brands. Mainly
there focus is on big bands like crossword, airtel, hidesign, MTS.etc. Catered to any
category from the one who pays Rs.1000 or 2000/month to the other who pay Rs.20
lakh and above so it’s scalable.
2) Profit maximization – In order to maximize their profit they are providing their own
courier services, logistics and own software. They also provide their own custom-er
services. They had also launched a third party application store for its merchants to
improve customer experience on their online store.
3) Providing discounts and allowances – Creating interest and excitement about a
product by providing discounts and allowances they offer discounts on silver and gold
yearly plans when advance payments is made. There are no additional charges for
data transfer or band width that the shop or brand will consume even if their site is
attracting high traffic.
4) Discourage competitors from cutting prices – Their competitors are NDSL, shopify
etc.
5) Maintain price leadership- They follow a value based pricing strategy so they are
the leaders among their competitors.BuildaBazaar is a leader in its sector.
COMMUNICATION OBJECTIVE:-
The major key marketing communication objectives of BuildaBazaar are –
1.) Social network integration-They attract customer on social networks. Share
information about their store on face book and twitter, allow customer to engage with
their store using social sharing features like face book and twitter
.
2.) Publicity for ipo- Recently they raised funds for doing the publicity for IPO. They
are the first e-commerce firm to take the IPO (initial public offering) route to raise
money.
11. 11
3.) Advertisement through tv commercials and public speaking- They advertise stores
through various TV commercials and public speaking although there TV commercials
are not popularized still they took some initiative to advertise their platform.
4.) Advertising agency for digital marketing odigma – They advertise it through
ODIGMA. A digital marketing company that provides strategy, digital marketing and
technical services to hundreds of companies across major retail and services to
hundreds of companies across major retail and services sector.
5.) Creating successful brand identities- To get more and more merchants to it’s
platform they launched .ooo (triple ooo) top level domain registry. Actually digital
fulfillment of services is what they do. As most of the merchants don’t get the name
they want with ooo. Builadbazaar can get more merchant and on the other hand brand
can create their own identities.
MARKET SEGMENTATION
GEOGRAPHIC
I. BuildaBazaar.com is an e commerce SaaS platform built by Infibeam with operations
in India and Middle East.
II. With its recently launched division BuilaBazaar Ahemedabad based leading
ecommerce firm infibeam.com looks to create rural, urban linkages that the company
expects will benefit farmers in the state.
III. Planning to offer the service in 10 more countries
.
DEMOGRAPHIC
I. A gift to all the entrepreneurial dream
II. Mainly focussed on big brands
III. Get customers across the world
PSYCHOGRAPHIC
I. Focussed on budding entrepreneurial
II. Links with big brands
BEHAVIORAL
I. Integration support for payment gateway
II. Get larger product selection
III. Coupons and discounts
12. 12
TARGETING:
• Targeting refers to selecting the segment(s) to enter Infibeam’s product
‘BuildaBazaar’ targets ‘Brands’, at the same time they also serve the niche market.
• Currently they have all big brands like Airtel, Canon, Crossword associated with
them. BuildaBazaar offers as a hosted solution for its both current & target market.
• They have set targeted segments based on the features of their product and also the
price they offer.
• They have vision to target their customers according to each customer personal
requirements. Example –
• They have a comprehensive CMS – Catalogue management system for product
management.
• Also they have simple web User interface to add new products to the store, manage
product description, price, and stock.
FUTURE TARGETING OPTIONS
• Currently, they offer 4 pricing plans including ‘Silver’, ‘Gold’, ‘Gold Plus’ and
‘Platinum’ starting from 1,000 per month to as high as custom plan with 15 days free
trail.
• In order to target more customer base they can offer free online website options as
well as value added features to their website to gain the crowd.
• Also, they can add different offers for different customers segments and can
respectively target firms, brands, students, women entrepreneur. For example they can
bring whole package for firms, a different package with distinguish features for
brands same they can apply segregate package plans for students and women
entrepreneur.
POSITIONING
• Positioning refers to position the market offering in the minds of target customers.
• Since, customers already have Infibeam brand positioned in their mind it supports
BuildaBazaar to imprint its impression on customer mind.
• Also, with the increasing advent of technology benefits BuildaBazaar positioning can
be carved.
The diagram shows BuildaBazaar positioning and target perspective.
13. 13
The company targets both its profit building customers like brands and general customers like
budding and women entrepreneur to capture the bigger market share from their product.
They are maintaining this targeting segment with their loyalty and attractive price offers
which help to build a position for the company’s product in customers mind.
BRAND POSITIONING
For brand positioning in the mind of its target customers BuildaBazaar is insisting upon
customer care and the satisfaction of their customers, as they offers intangible services. They
want to position their platform in the mind of their customers as their customers are big
brands like airtel, crossword etc.
They keep in mind their key competitors like Shopify, martzack , NDSL when they do the
branding of their product. They make a complete competitive analysis for the same in order
to segregate themselves from their competitors. They provide their own logistic services and
also do attractive packaging for their brand positioning. They are their own software
provider. Recently, they have also launched a third party application store for its merchants to
improve customer experience on their online stones.
They Cater to needs of any category of customer able to deal in terms of monetary of rupees
2,000 to 20,00,000.
They have a benefit as they already have a positioned brand name of infibeam with this
product.
Some key areas that BuildaBazaar has insisted upon for brand positioning:
POSITIONING
ATTRACTIVE
PRICES
LOYALTY
GENERAL
CUSTOMERS
BASE
(Forgrowth and
expansion)
PROFITABLE
CUSTOMERS
(Like Brands)
TARGETING
14. 14
• They have focused on good back-end flexibility for their customer.
• They are focused on value additions for their brand positioning.
• Building their own courier company.
• Flexibility for user in product pricing.
• Cloud computing for customer benefit.
• Storage facility.
PRODUCT MIX
Product mix refers to the total number of product lines that a company offers to its customers.
The four dimensions of a company’s product mix includes width, length, depth and
consistency.
BUILDABAZAAR PRODUCT MIX
BuildaBazaar that is into business to business ( B2B) profile does not have any such product
mix in their system because they only provide the platform for other interested enterprises to
sell their products through its portal.
The product offer totally depends on what is the need from the software.
Additional services or products offered by BuildaBazaar are:
Safe and secure payment gateways
Marketing support
Logistics support
Though it provide the above listed services as well but does not own these services as it has
tied up with other companies for such services and has to pay for them.
PRODUCT DECISION
Product decision basically depends upon the enterprises coming up to BuildaBazaar for
platform requirements and so the decision depends on the requirements of such enterprises
provided that they have money to pay for the same.
15. 15
PRODUCT EXTENSION
Although no proper product line can be determined in the BuildaBazaar system but an
extension to the number of services that can be offered has been come up with online
ticketing portal inside BuildaBazaar itself.
No new product has introduced in last 2 years but in coming future after IPO BuildaBazaar is
planning to own a cloud storage of its own for which till this time it is paying to Amazon and
to invest more in own logistics.
PACK SIZE
Pack size may vary from a small mobile to Ac or refrigerator. Anything that can be courier is
offered.
PACKAGING
Sometimes secondary packaging is asked for over and above primary packaging by the
enterprise itself from BuildaBazaar where the risk of damage is high , so as to ensure that the
product do not get damage otherwise the whole return would come to the head of
BuildaBazaar.
PRODUCT LIFE CYCLE
The products of BuildaBazaar goes from introduction to growth and to maturity but doesn’t
decline as after reaching the maturity stage it further goes to upgradations.
PRICING STRATEGIES
A business can use a variety of pricing strategies when selling a product or service. The price
can be set to maximize profitability for each unit sold or from the market overall. It can be
used to defend an existing market from new entrants, to increase market share within a
market. Businesses may benefit from lowering or raising prices, depending on the needs and
behaviors of customers and clients in the particular market. Finding the right pricing strategy
is an important element in running a successful business.
BuildaBazaar primarily follows the following pricing strategy :
16. 16
1. PAY WHAT YOU WANT
The more features you want the more you will have to pay.
2. VALUE BASED PRICING
The level of value that a particular customer derives out of the BuildaBazaar, he will
be charged accordingly.
3. TIME BASED PRICING
It simply means adjusting the price according to the willingness of the customer to
pay.
4. PRICE DISCRMINATION
Setting different price for different brands, depending upon their size and pocket.
5. PRICE LEADERSHIP
As there are a few alike setups like BuildaBazaar so it always aims at putting he first
step ahead.
6. PREDATORY PRICING
It shows a cut throat competition between the competitors.
For example when one of the competitor of BuildaBazaar NDSL reduced the prices ,
BuildaBazaar also reduced its prices to a level.
The pricing strategy that BuildaBazaar follows highly depends on the demand of its
customers at a particular point of time as well as the paying capacity of the customers that is
the other enterprises in this case.
The changes in prices of the services are done according to the need and requirements of their
customers.
BuildaBazaar purely follows value based pricing strategy driven by the customers.
Big brands are charged accordingly and so the small brands.
There are many pricing schemes from which one can select the best suited:
SILVER : Rs 1000/month
GOLD : Rs 2500/month
GOLD PLUS : Rs 5000/month
PLATINUM : Custom
Pricing depends on the ability of a customer to pay for the service and can choose
accordingly from the list of schemes.
17. 17
In the same way pricing for other heads such as setup fees , transaction fees , sellers’
commission etc is done.
For SILVER transaction fee is 2% and seller’s commission is 1%.
For GOLD transaction fee is 1% and seller’s commission is 1.5%.
For GOLD PLUS transaction fee is 0% and seller’s commission is 2%.
PLATINUM is highly customized.
Along with all the other services it provides 15 days free trial to the new joiners.
It also gives its customers a benefit of upgrading to a higher plan as and when requested.
It further offers discounts on SILVER and GOLD yearly plans when advance payments are
made by them.
A very new concept or feature of BuildaBazaar offers a basic plan having limited features
with zero monthly fees.
So at last to conclude we can say that the policy here in BuildaBazaar is “the more you get,
the more you pay “depending upon the needs and requirements.
FACTORS DECIDINGTHE CHANNEL DESIGN/3RD
PARTY
SERVICE LEVEL AGREEMENT (SLA)
It is an agreement between the service provider (internal or external) and the end user that
defines the level of service expected from the service provider. It is a document that
describes the performance criteria a provider promises to meet while delivering a service.
BuildaBazaar completely follow this agreement while making any decision.
It works on an agreement between the 3rd party and itself abiding to the terms and
conditions mentioned there in.
There is a SLA between the enterprises and BuildaBazaar as well.
COST EFFECTIVENESS
BuildaBazaar will select that 3rd party where the cost of taking up the service is minimal.
The main motive of BuildaBazaar is profit making so it tries to save cost as and when
possible. If a service provider will charge more than the willingness of BuildaBazaar to
pay then it will cancel the deal. This factor is taken into consideration for every type of
service whether payment gateways or logistics.
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DELIVERY ON TIME
In case of logistics the other factor can be the time taken by a shipping agent or courier
company to deliver the product to the final customer.
It can be decided by checking the past records and reviews of that courier company.
FREQUENCY OF FAILED TRANSACTIONS
In case of the payment gateway decision making, the frequency of failed transactions
happened in any of the integrated gateway will decide whether to choose it or not. On the
contrary, the gateway with good reviews for transaction success will be considered first.
Other factor can be the transaction fee charged by the payment gateway.
COMMUNICATION STRATEGY
Communication is the process of imparting or exchanging of information by speaking,
writing, or using some other medium.
Initially BuildaBazaar was limited to conferences in order to communicate with the
other big brands.
They are target the Middle East for meetings and other business deals. For example:
They had recently approached South Africa to increase there B2B selling by offering
them their platform.
They had recently introduced new TV Commercial Ads which is a process of
communication strategy.
Unlike the other ecommerce companies such as Amazon, Snap deal etc invest more in
promotion, BuildaBazaar invest less for higher profit return.
They had very limited banners and posters.
BRANDING STRATEGY
Branding strategy is a long term plan for the development of a successful brand in order to
achieve specific goals. There are several components of branding strategy such as Purpose,
Consistency, Flexibility, Loyalty and Competitive Awareness.
The branding strategy of BuildaBaazar is based on two parameters:
1. Pricing
They remain consistent with their pricing policy. They plan their strategy according to
the customers need and demands. They also have the quality of flexibility which
depends on the requirements of the customers.
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2. Changes in products
They upgrade their products as customers requirements changes and according to the
demands from the company. They also provide services online.
For example: Infibeam.com will soon be coming up with video-conferencing for
business deals for those who are unable to meet them face to face.
PROMOTIONMIX
1. Publicity: In this kind of promotional strategy they conduct CII i.e. Confederation of
Indian Industries where the big brands and they meet in meetings and conferences to
create awareness about BuildaBazaar.
2. Digital Marketing: They have their own software ODIGMA where the big brands
can do their business.
3. Advertising: They have recently come up with TV commercials and print media for
promoting their product.
ATL (Above the line)
ATL focuses on the TV commercials that they have started newly. They also use print media
as one of their communication strategy.
BTL (Below the line)
BTL focuses on the banners and posters. BuildaBazaar is also active in facebook.
BLOG
‘BUILDABAZAAR’ --The Service that offers the billion dreams to come true.
Ho Ho Ho!! Here comes the Santa with his bag full of gifts for everyone. This year his bag is
even heavier, might be the list of gifts are longer this time. Let’s see what he has in his big
bag. It’s a box. It is labeled as dreams. Let’s open this dream box.
It is a shop. But see this is not just a shop it is a virtual shop. People are doing their business
virtually. This is a shop can’t be seen from the globe but persists as dreams for every
entrepreneur.
The medium that fulfill these dreams is BUILDABAZAAR. Let’s build this bazaar of
dreams.
Entrepreneurship is fulfilling your dreams, taking risk and investing time and effort. But what
an ease in today’s scenario is ease of virtual business. Where no extra money we spend on
infrastructure rent and maintaining shelves. Just pure business.
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Let’s start building your own dream shop, where every brick is put not by the contractor but
by the entrepreneur. Firstly a name of choice is must to recognize the brand and differentiate
it from rest. Here we have a .000 domain extension which offers a brand name of the choice
of the entrepreneur.
Done with the brand name let’s create this virtual infrastructure (bazaar). This is
BUILDABAZAAR. A platform to create online business infrastructure in an easy manner
FORECASTING
There are no such techniques or methods of forecasting the sales for future or target
any sales margin for the upcoming years.
They also sometimes work at 0% sales.
They do consider the past experience for assumptions but they do not focus much on
forecasting.
They focus on the big brands mainly with an initial investment of 20 lakhs.
The big brands like Canon, Airtel, Adlabs, Panasonic etc who shows their interest for
their website are offered their portal with a initial investment of 20 Lakhs.
They do not probe any one to come up, they just give that the platform to the
interested brands.
BUDGET
Budget is an estimate of revenue and expenses for over a specified future period of time of a
particular business.
BuildaBazaar , being a Software as a Service (SaaS) works on one time investment plan. The
software once prepared is used in the near futures for all the services to be provided to the
customers/ clients.
In BuildaBazaar the revenue is regular but expenses are not regular and frequent. They
charge a fixed monthly fee from their clients depending upon the type of plan chosen by that
client.
There are no investments made by the company also they do not spend much on promotions,
advertisements and marketing. Therefore, the expenses so far are few but with the issue of
IPO in near future they will be investing more on advertisements and marketing and other
investments as well.
The level of service provided in BuildaBazaar varies from client to client depending upon the
demand and requirement of that particular client. The client pays for the services rendered by
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BuidaBazaar to them and in case the client demand for any value added service like
marketing or video conferencing etc, so in this case the value added cost will be borne by the
client itself. This way the expenses on part of BuildaBazaar are neutralized.
BuildaBazaar has not made any budget so far from the commencing date that is may , 2011
but once the IPO will be out they are planning to expand their services, branch office, new
investments etc and so will come up with a particular budget after the IPO.
As there are no fixed revenue and expenses hence finding out the breakeven point analysis is
very difficult to do as of now.
Budget allocation for various activities is not fixed and regular. The budget for promotional
activities is very low although they have recently started expending more on that for publicity
because of the IPO to come.
The company is looking forward to the IPO$80 million for capital raising and certainly after
that it will come up with a proper budget.
REVENUE MODEL
The company Infibeam revenue has been divided into two categories:
1. Product revenue: It includes revenue that comes from selling of products through its
private website www.infibeam.com
2. Service revenue: It includes revenue that it accumulate through BuildaBazaar where
the company capture value of commission, and not of transaction
The Service revenue showed CAGR of more than 100% in December 2014. Also, the EBITA
performance in 2014, showing marginally negative & on net level EBITA stands at 218 cr.
ranges from April 2014 to December 2014.
BUDGET ALLOCATION FROM IPO
Since, infibeam has planned to launch the Initial Public Offering it has planned to allocate the
money to various purposes. It has planned to raise 450 cr. and invest the same in building
logistics and strengthen the technological platform. The planned distribution of money is as
under:
• 235 cr. planned to be used for cloud based data centre and on IT platform.
• 37.5 cr. in building logistics centers, delivery to merchants and customers on board.
• 67 cr. will be invested in software, to add more servers.
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• Rest of the money will be allocated for GCBD.
Also, according to the management the company is able to retain their EBITA as positive as
the services revenue is helping them to maintain the profit level.
REVENUE
• Revenue for the Company infibeam is divided into two categories:
• Product revenue (buy and sell product)
• Service revenue (BuildaBazaar- capture value of commission, and not of transaction)
• Service revenue showed CAGR – more than 100% December 2014
• EBITA performance in 2014, showing marginally negative & on net level EBITA
stands at 218 cr. From April to December 2014.
• Cash inflow through IPO
• Sales percentage
• New expansion
• Monthly fee from clients for example:
Airtel: minimum 2 lakh per month
Omex theme park: 2.15 lakh per month etc
• Tie up with govt charging Rs. 500 per store
1.) Cash inflow through IPO. –First e-commerce firm to take IPO route for raising
funds. Estimated raised funds are about $80 million. It will also be used to expand in
international market, build infrastructure, platform and manages supply chain
logistics.
2.) Sales percentage- Being their client JJ valaya offers them 40% of their sales margin.
Also they charge Rs.2 lakhs/month as the rental charge from airtel, 2.15 lakhs/month
from omaxe (theme park).
3.) New expansion –new expansion in Bangalore is there after IPO.
4.) Focus on profit- buildabazzar earns one percent of sales on its platform. It’s perhaps
the largest infrastructure provider for SMEs in the country. As this company forayed
into west as in 2013 which add significantly to the group’s revenue.
5.) Hosting- today buildabazzar host more than 30,000 retailer including crossword and
the mobile store ,home appliances maker prestige, leather goods maker hidesign and
mobile companies such as MTS India and Airtel . They charge Rs.2 lakh/month as a
rental charge from airtel.
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EXPENSES
The expenses of BuildaBazaar are the charges it has to pay for the services it has taken from
various other service providers.
BuildaBazaar has to pay hosting fee to Amazon for taking cloud computing services from it.
Fee is paid to Akamai service providers for cash distribution network and security services
like firewall etc.
Cash distribution network is also taken from CDN and so fee is paid to CDN as well for the
same.
The total payment made for the above services is 3 lakh per annum that is to be paid by
BuildaBazaar.
Other than the above expenses it also spends on advertisements but very less as they do not
do their marketing a lot.
If any additional service is demanded by the clients so the extra charge is borne by the
customer itself depending on the requirements.
With the issue of IPO they will be increasing their spendings.
Expenses also include the salary which they provide to the software engineers and the support
staff.
RETURN ON INVESTMENT
• One time investment-
To setup BuildaBazaar cost is incurred only once which is of source code i.e. which is
purchased and redefined to build the software.
• All charges including setup and monthly charges are revenue-
All the cost which BuildaBazaar charges from its customer which includes setup cost
and monthly rental are all revenue for BuildaBazaar.
• High ROI-
BuildaBazaar has high ROI because of one time investment and regular high returns.
• 1% of the sales on its platform-
Apart from setup and monthly charges BuildaBazaar also charges 1% of the sales
from its customers for which they have provided their platform.
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CONTROL MEASURES
Man Hours:
The budget depends on how much rate they charge for the man hours in a day. If they do not
work it doesn’t affect the budget.
Software records the transaction itself:
The software as service to the enterprises that are the clients of BuildaBazaar, record the
transactions made in between BuildaBazaar and the clients as and when it takes place in the
memory.
RECOMMENDATIONS FROM OUR SIDE
FOR COMMUNICATION STRATEGY
BuildaBazaar is far behind in marketing and recognition to quite an extent despite of
being a leader in its domain. It should start spending more on advertisement, promotions
and marketing. The more it will be visible to the public and the existing SME’s as well as
the budding one, the more benefits it will reap out of it.
In order to be more profitable and high on market share it can focus on making a social
awareness among the people through promotions and advertisements on urban-rural
linkage, opportunity for youths, various SHG’s , an easy and hazel free online store.
BuildaBazaar may conduct online as well as offline surveys among the people as well as
the SME’s to know their visibility, popularity as well competitors in the market.
More use of banners and posters is required to get mass viewers out of which few might
turn into its customers.
The frequency of print ads must be increased specially in the business columns and
business newspapers.
Print ads should also be published in regional/ local newspapers and in the respective
language to get a wider reach and scope.
Public speaking can be done in rural areas as well to create awareness and may be special
offers and schemes can be given to them.
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Last but not the least, blogs must be written and published to create awareness of the
company.
FOR CHANNEL DESIGN
Being a follower of direct channel marketing we cannot recommend much for the channel
design but the channels or the third parties in this case may contribute in promoting
BuildaBazaar.
The integrated apps or service providers can promote the company by giving suggestions
to the other users for a trial, by pop up ads on the apps, display ads etc.
• After the IPO they should increase-
– Print ads from 2 to 5 which costs around 20 lakhs for front page and 40 lakhs
for both the sides in Times Of India and other Business newspapers.
– Print ads in regional newspapers which have a wider reach costing around Rs.
7 lakhs
– T.V ads which costs 25K per second in peak hours and 15K per second in
normal hours
– Public speaking which costs no more than 20-15K