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INTERNSHIP PROJECT


“SURVIVAL AND GROWTH STRATEGIES IN A NEW
              AGED E-RETAIL”




                        Harleen Wadhwa
                         Roll No. 11
                            MFM
INTRODUCTION
 Objective
1) To get an insight into the fledgling e-tailing industry in India.
2) To get an insight into the operations of a start up in the e-tailing
   industry.
 Sub objectives:
1a) To validate the classification of e-tailing as a sunrise sector
   within India’s economy.
1b) To study the apparel e tailing micro vertical within the e-tailing
   industry.
2a) To validate the fundamentals of an operational management in
   a start-up environment.
2b) To get an insight into the entrepreneurial aspect of a start-up.
 E-tailing industry: Growing at a significant rate.
 More people now trust it.
 Dozens of SMB s are coming up every week. Too Many
  players.
 Different e-tailing companies provide different
  flavours to the customers.
 Myglauben.com is a newly launched online portal
  offering a wide range of lifestyle products.
 Product range includes men, women and kids
  apparels, accessories, home décor goods, kids
  toys, baby care products.
 Donebynone.com exclusively design and manufacture
  its fashion products.
 Product categories are footwear, top wear, handbags
  and jewellery.
FOUNDERS
Myglauben.com
 Ajay Yadav- Director & Founder
Oversees the company’s technological operations
 Kanchan Garg- CEO & Co Founder
Oversees all Operational and Marketing
activities.
                                      1)WINDY - Magician in Waiting(design)
                                         VIJAY K. MISRA
                                 2)   DHALI - Big Chief
                                       AMARINDER DHALIWAL(Technological)
                               3)SPIDEY - Chief Spell Caster
                                           VIJESH SHARMA ( Marketing)
CLIENT PROFILE
Work Process




Once agreed the         Our team prepares
partner has to fill     the catalogue of       Display of products
the Vendor              the products           at our online store
Registration Form
(VRF)




Procurement of the
catalogue product:-
                         Endorsement of
1st three month - on     the products
order/consignment        through e-            Payment on delivery
basis                    mails, social media
                         sites
3rd month onward -
buying on outright
MY ROLE
 Managing the catalogue and vendor management
  functions.
 Actively contributing towards the development of the
  company through promotions and blogging.
At Donebynone.com
 Work as a fashion consultant.
My learning
                     Industrial learning
   Understood the difference b/w e-tailing n traditional
    retailing
   Some do both like zara, mango, forever21
   Some are just online fashion or retail store like
    amazon.com
   Exclusive selling of digital products- online
    catalogues, e-books etc
Organization learning
                          People
Basic knowledge of computer, excel and social media friendly.
Culture MyG- Bored, nothing new to learn, few innovations
  and interaction .
Salaries are paid late.
Culture DBN- Innovation & new ideas encouraged.
Passionate employees.
                           Process
Everything should be black and white.
For any leave or complaint, an email is marked.
Personal email ids given, passwords cant be changed.
Technology
 Myglauben.com
Powered by Martjack technology.
 Donebynone.com
Powered by magento
Company learning
Myglauben.com                            Donebynone.com
1) Supply Chain
No warehouse, 3 rd party                 Has its own warehouse
Logistics.
2) Customer Exp
No follow up                             Regular follow ups
3) Social Media Promotion
Does not involve much                   Extensive Promotions
4) Delivery
Committed delivery                      Delivery is late most of the times
5) Focused more on getting more         More focus on quality
 products to the site
6) Margins:-Does not gain much profit   Higher profit margin
Conclusions
                    5 Universal Principles
1)  Forcing your visitor to think is a bad idea.
2) Good UX Is Like A Perfect Movie Score
3) eCommerce UX Pitfalls To Avoid
• Product Detail page
• The Checkout Process
4) The Value Of Content And Then SoMe

5)
REFERENCES
   http://www.ebeyonds.com/ecommerce_websites_design.html
   http://business-standard.com
   http://www.deccanherald.com
   http://indianstartupgyaan.wordpress.com
   http://niyazshaikh.wordpress.com
   http://www.nstindia.com/ecommerce.php
   http://www.quora.com
   http://uxdesign.smashingmagazine.com
   http://www.inc.com/rudina-seseri
   http://www.practicalecommerce.com
   www.myglauben.com
   www.donebynone.com
   www.magento.com
   www.martjack.com

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minor project

  • 1. INTERNSHIP PROJECT “SURVIVAL AND GROWTH STRATEGIES IN A NEW AGED E-RETAIL” Harleen Wadhwa Roll No. 11 MFM
  • 2. INTRODUCTION  Objective 1) To get an insight into the fledgling e-tailing industry in India. 2) To get an insight into the operations of a start up in the e-tailing industry.  Sub objectives: 1a) To validate the classification of e-tailing as a sunrise sector within India’s economy. 1b) To study the apparel e tailing micro vertical within the e-tailing industry. 2a) To validate the fundamentals of an operational management in a start-up environment. 2b) To get an insight into the entrepreneurial aspect of a start-up.
  • 3.  E-tailing industry: Growing at a significant rate.  More people now trust it.  Dozens of SMB s are coming up every week. Too Many players.  Different e-tailing companies provide different flavours to the customers.
  • 4.
  • 5.  Myglauben.com is a newly launched online portal offering a wide range of lifestyle products.  Product range includes men, women and kids apparels, accessories, home décor goods, kids toys, baby care products.  Donebynone.com exclusively design and manufacture its fashion products.  Product categories are footwear, top wear, handbags and jewellery.
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  • 8. FOUNDERS Myglauben.com  Ajay Yadav- Director & Founder Oversees the company’s technological operations  Kanchan Garg- CEO & Co Founder Oversees all Operational and Marketing activities. 1)WINDY - Magician in Waiting(design) VIJAY K. MISRA 2) DHALI - Big Chief AMARINDER DHALIWAL(Technological) 3)SPIDEY - Chief Spell Caster VIJESH SHARMA ( Marketing)
  • 10.
  • 11. Work Process Once agreed the Our team prepares partner has to fill the catalogue of Display of products the Vendor the products at our online store Registration Form (VRF) Procurement of the catalogue product:- Endorsement of 1st three month - on the products order/consignment through e- Payment on delivery basis mails, social media sites 3rd month onward - buying on outright
  • 12. MY ROLE  Managing the catalogue and vendor management functions.  Actively contributing towards the development of the company through promotions and blogging. At Donebynone.com  Work as a fashion consultant.
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  • 16. My learning Industrial learning  Understood the difference b/w e-tailing n traditional retailing  Some do both like zara, mango, forever21  Some are just online fashion or retail store like amazon.com  Exclusive selling of digital products- online catalogues, e-books etc
  • 17. Organization learning  People Basic knowledge of computer, excel and social media friendly. Culture MyG- Bored, nothing new to learn, few innovations and interaction . Salaries are paid late. Culture DBN- Innovation & new ideas encouraged. Passionate employees.  Process Everything should be black and white. For any leave or complaint, an email is marked. Personal email ids given, passwords cant be changed.
  • 18. Technology  Myglauben.com Powered by Martjack technology.  Donebynone.com Powered by magento
  • 19. Company learning Myglauben.com Donebynone.com 1) Supply Chain No warehouse, 3 rd party Has its own warehouse Logistics. 2) Customer Exp No follow up Regular follow ups 3) Social Media Promotion Does not involve much Extensive Promotions 4) Delivery Committed delivery Delivery is late most of the times 5) Focused more on getting more More focus on quality products to the site 6) Margins:-Does not gain much profit Higher profit margin
  • 20. Conclusions 5 Universal Principles 1) Forcing your visitor to think is a bad idea. 2) Good UX Is Like A Perfect Movie Score 3) eCommerce UX Pitfalls To Avoid • Product Detail page • The Checkout Process 4) The Value Of Content And Then SoMe 5)
  • 21. REFERENCES  http://www.ebeyonds.com/ecommerce_websites_design.html  http://business-standard.com  http://www.deccanherald.com  http://indianstartupgyaan.wordpress.com  http://niyazshaikh.wordpress.com  http://www.nstindia.com/ecommerce.php  http://www.quora.com  http://uxdesign.smashingmagazine.com  http://www.inc.com/rudina-seseri  http://www.practicalecommerce.com  www.myglauben.com  www.donebynone.com  www.magento.com  www.martjack.com