SlideShare a Scribd company logo
1 of 31
Rishabh Anand 11100843
Lovely Professional Universit
Introduction


Flipkart is an Indian e-commerce retail
company.

•

It is one of the leading e-commerce players in
the country.

•

Founded by Sachin bansal & Binny bansal in
Bangalore, Karnataka in 2007.

•

Incorporated as a company in October 2008 as
Flipkart Online Services Pvt. Ltd.
Introduction
• 4600+ employees .
•

Turnover:

•

9900 crore (US$1.6 billion)

•

Started with books, and soon as it expanded, it
started offering other products.

•

The first product sold by them was the book, John
Woods' Leaving Microsoft to Change the World.
bought by VVK.Chandra from Andhra Pradesh.

????????
Product portfolio
Statements


Vision
◦ “To become Amazon of India”.



Mission
◦ Providing a delightful and memorable customer
experience.



Objective
◦ “Completely hassle free shopping experience with
best prices in India”.
Founders
Sachin Bansal


CEO and Co-founder



Graduated from IIT-Delhi with a degree in Computer Engineering.



In 2006 he joined Amazon.com in India which he later left to set-up
Flipkart.



Oversees all the customer facing activities of the company ranging
from technology to marketing.



He is also in charge of Flipkart's corporate divisions which include
the finance and legal departments.
Binny Bansal


Co-founder.



Born and raised in Chandigarh.



Computer Engineering from IIT Delhi.



Worked with Amazon before taking the entrepreneurial plunge with
Flipkart.



Oversees all operational activities that come into play from the time the
customer places an order till the time of delivery.



Warehousing, logistics and customer support.
Funding
•

Initially funded by the Bansals themselves with 4
Lakhs(INR).

•

Flipkart has since then raised two rounds of funding
from venture capital funds Accel India (in 2009) and
Tiger Global Management (up to the tune of US$10
million) (in 2010).

•

Private equity firms Carlyle and General Atlantic are in
talks to jointly invest about $150 million to $200 million
in Flipkart, according to sources.

•

Break even : March 2010 and claims to have had at least
100% growth every quarter since its founding.
Awards & Recognition


Sachin Bansal got Entrepreneur of the Year Award 20122013 from Economic Times.



Flipkart.com was awarded Young Turk of the Year at
CNBC TV 18‟s „India Business Leader Awards 2012‟
(IBLA).



Flipkart.com- got Nominated for India MART Leaders
of Tomorrow Awards 2011.



Flipkart.com, secured second position in the List of
Cheapest Mobile Store 2013, compiled by Indian ecommerce observer Zoutons.com.
Company structure

social network
based book
recommendati
on and review
platform.

a digital content
platform
company

Bollywood
news site that
offers updates,
news, photos
and videos

India's second
largest e-retailer
in
electronics, bough
t the company for
an estimated US$
25 million
SWOT Analysis
Strength
Brand value
Network reach
Huge product portfolio

Weakness
High level of competition
Ongoing price wars
Clutter creation

Opportunities
Rural markets
Overseas market

Threats
Growth of International
players
Customer loyalty
Advantages over brick and mortar store


No need to spend much on supporting
services.



Goods can be offered at lower prices.



Large scale business can be managed from a
single place.



Requires less space and capital in order to
start up an online business.
Value added services


Great customer service
users are more satisfied as compared to competitors. Great customer service has been its
hallmark.



User friendly

The user interface is sleek and easy to use.



Cash on delivery
Almost 60% of its sales happen through this mode. Cash on delivery created trust in the
minds of Indian customers.

 Replacement
30 days replacement policy.
Wallet


Allows shoppers to
store money on the
site and use it to
purchase items,
without having to
reach for their credit
card for each
transaction.
Challenges Faced
•

Initially, it wasn‟t easy to earn the trust of the customer.

•

Lack of real time interaction affects the faith of customer.

•

The discomfort shown by customers in revealing there financial
details.

•

Highest number of orders get registered during weekends proves to be
tough at times for logistics and customer service.



face significant challenges in reverse logistics.



It's a big task to track unsuccessful orders, which are quite costly to
manage.
MARKETING STRATEGIES

PRICING

PROMOTION

RETENTION
Promotional Strategy


Initially they used word of mouth to create awareness.

RESULT : Within two years Flipkart became one of the top 100 Indian
sites and was credited for being India's largest online bookseller with
over 10 million titles on offer.





Flipkart very wisely used SEO (Search Engine Optimization) and
Google Ad-words as the marketing tools to have a far reach in the
online world.
Flipkart.com official Face book page has close to 24 lac 'likes'.
Flipkart launched a series of 3 ads with the tag line - "No Kidding
No worries"
Advertisements
No Kidding, No Worries


Kids were used to create the adverts to send out the message - if a
kid can do it, you can also do it.



No Kidding, No Worries, “Trap Them Young”.



The story board of adverts, feature kids in adult situations (context
to adult voice overs), like a beauty parlor, a cafe, and an office.



The Hinglish language & the happening places is the heart of No
Kidding, No Worries advertisement series.



The creative director succeeds to keep KOOLNESS of Brand
Flipkart.
Results: Ad campaign
 Website traffic, orders and revenue all doubled post the

campaign.


Flipkart was clocking Rs 30 cr/month. By the end of the
campaign they clocked in excess of Rs 60 cr each month.



Website traffic jumped to 100 lakh visits per month and 1000
lakh page views.



Today Flipkart ships close to 30,000 items every day ie 17
items every minute.



The campaign was skewed towards the new electronics
categories whose contribution went up from 40 percent to 60
percent in the two months of the campaign.
Placing an order
What makes it stand out?
•

A robust back-end is a vital pre-requisite for an online
business to survive.

•

Since once the customer completes transaction, it's this
back-end that connects the dots.

•

The procurement model is at the heart of Flipkart‟s
success, as most delays or troubles occur in this part of
business.

•

Flipkart began operations on the consignment model i.e.
procurement based on demand.

•

Goods are procured from suppliers on demand, based
on the orders received through the website.
Logistics
 Flipkart has its own warehouses, and maintains its own inventory.

Warehouses:












Bangalore
Chennai
Delhi
Hyderabad
Mumbai
Noida
Pune
Kolkata

Now they're present in 27 lucky cities, but don't worry, plans are
underway to spread to many others.
Delivery..
Flipkart is seen delivering
through their own delivery
boys in Bangalore and at
times within 12hrs from
order.
 Dedicated Flipkart delivery
team that works round the
clock to personally make
sure packages reach on
time.
 Flipkart is looking to
develop their self managed
logistic support.

‘Making better our service
promise’.


Flipkart connects with customers in real-time, through Facebook
and Twitter.



Trained customer service executives to take spot decisions.



Addressing customer concerns and owning up to our
mistakes, reassure customers we have their best interests at heart.



As a customer-centric organisation, none of the issues can remain
unresolved for long.



The founders don't think discounts can replace the customer's
satisfaction of being serviced promptly and efficiently.
Suggestions


Rural markets can be targeted



Restaurants & hotel booking services
can be added



Can go for overseas market



Can provide logistic services to other
companies also.
Flipkart

More Related Content

What's hot

Group #5 - Flipkart_final submission
Group #5 - Flipkart_final submissionGroup #5 - Flipkart_final submission
Group #5 - Flipkart_final submission
Aritra Ganguly
 

What's hot (20)

Flipkart:
Flipkart: Flipkart:
Flipkart:
 
Case-Study Flipkart
Case-Study FlipkartCase-Study Flipkart
Case-Study Flipkart
 
Marketing Mix Of Flipkart
Marketing Mix Of FlipkartMarketing Mix Of Flipkart
Marketing Mix Of Flipkart
 
Flipkart
FlipkartFlipkart
Flipkart
 
Flipkart analysis
Flipkart analysis Flipkart analysis
Flipkart analysis
 
Marketing Strategies of Flipkart
Marketing Strategies of Flipkart Marketing Strategies of Flipkart
Marketing Strategies of Flipkart
 
Flipkart : SWOT Analysis + Strategic Management
Flipkart : SWOT Analysis + Strategic ManagementFlipkart : SWOT Analysis + Strategic Management
Flipkart : SWOT Analysis + Strategic Management
 
Flipkart
FlipkartFlipkart
Flipkart
 
Flipkart success story
Flipkart success storyFlipkart success story
Flipkart success story
 
Group #5 - Flipkart_final submission
Group #5 - Flipkart_final submissionGroup #5 - Flipkart_final submission
Group #5 - Flipkart_final submission
 
Flipkart 7P's of Marketing,7P's concept,Marketing Mix
Flipkart 7P's of Marketing,7P's concept,Marketing MixFlipkart 7P's of Marketing,7P's concept,Marketing Mix
Flipkart 7P's of Marketing,7P's concept,Marketing Mix
 
Flipkart
Flipkart Flipkart
Flipkart
 
flipkart beginning
flipkart beginningflipkart beginning
flipkart beginning
 
Flipkart integrated marketing communication ppt
Flipkart integrated marketing communication pptFlipkart integrated marketing communication ppt
Flipkart integrated marketing communication ppt
 
Flipkart
FlipkartFlipkart
Flipkart
 
Bookmyshow- A complete Study
Bookmyshow- A complete StudyBookmyshow- A complete Study
Bookmyshow- A complete Study
 
Study of “Flipkart.com”: India’s Leading E-business Portal
Study of “Flipkart.com”: India’s Leading E-business PortalStudy of “Flipkart.com”: India’s Leading E-business Portal
Study of “Flipkart.com”: India’s Leading E-business Portal
 
Presentation On Flipkart
Presentation On FlipkartPresentation On Flipkart
Presentation On Flipkart
 
Flipkart
FlipkartFlipkart
Flipkart
 
Zerodha: Journey of Nithin Kamath
Zerodha: Journey of Nithin KamathZerodha: Journey of Nithin Kamath
Zerodha: Journey of Nithin Kamath
 

Viewers also liked

E Business+Models Ppt
E Business+Models PptE Business+Models Ppt
E Business+Models Ppt
md kaiser
 
A project report on e business
A project report on e businessA project report on e business
A project report on e business
Verma Pramod
 

Viewers also liked (13)

Flipkart
FlipkartFlipkart
Flipkart
 
Adv420 final presentation by Chang Li
Adv420 final presentation by Chang LiAdv420 final presentation by Chang Li
Adv420 final presentation by Chang Li
 
Analysis of IRCTC
Analysis of IRCTCAnalysis of IRCTC
Analysis of IRCTC
 
E Business Strategy 5
E Business Strategy 5E Business Strategy 5
E Business Strategy 5
 
E business strategy
E business strategyE business strategy
E business strategy
 
flipkart
flipkartflipkart
flipkart
 
E Business+Models Ppt
E Business+Models PptE Business+Models Ppt
E Business+Models Ppt
 
Complete marketing analysis of Flipkart.
Complete marketing analysis of Flipkart. Complete marketing analysis of Flipkart.
Complete marketing analysis of Flipkart.
 
Strategic Analysis of Microsoft Corp. (2014)
Strategic Analysis of Microsoft Corp. (2014)Strategic Analysis of Microsoft Corp. (2014)
Strategic Analysis of Microsoft Corp. (2014)
 
An E-business plan sample presentation
An E-business plan sample presentationAn E-business plan sample presentation
An E-business plan sample presentation
 
Flipkart's Business success analysis
Flipkart's Business success analysisFlipkart's Business success analysis
Flipkart's Business success analysis
 
A project report on e business
A project report on e businessA project report on e business
A project report on e business
 
Amazon.com: the Hidden Empire - Update 2013
Amazon.com: the Hidden Empire - Update 2013Amazon.com: the Hidden Empire - Update 2013
Amazon.com: the Hidden Empire - Update 2013
 

Similar to Flipkart

Mis report on flipkart.com
Mis report on flipkart.comMis report on flipkart.com
Mis report on flipkart.com
Rahul Hedau
 

Similar to Flipkart (20)

Flipkart is an indian ecommerce
Flipkart is an indian ecommerceFlipkart is an indian ecommerce
Flipkart is an indian ecommerce
 
Flipkart 120413102707-phpapp02
Flipkart 120413102707-phpapp02Flipkart 120413102707-phpapp02
Flipkart 120413102707-phpapp02
 
Flipkart group 18 oc
Flipkart group 18 ocFlipkart group 18 oc
Flipkart group 18 oc
 
flipkart case study.pptx
flipkart case study.pptxflipkart case study.pptx
flipkart case study.pptx
 
Mis report on flipkart.com
Mis report on flipkart.comMis report on flipkart.com
Mis report on flipkart.com
 
Flipkart
FlipkartFlipkart
Flipkart
 
Flipkart
FlipkartFlipkart
Flipkart
 
A Study on Flipkart E-Commerce company ( business research method ) BRM proje...
A Study on Flipkart E-Commerce company ( business research method ) BRM proje...A Study on Flipkart E-Commerce company ( business research method ) BRM proje...
A Study on Flipkart E-Commerce company ( business research method ) BRM proje...
 
Flipkart Services marketing.
Flipkart Services marketing.Flipkart Services marketing.
Flipkart Services marketing.
 
Flipkart ppt.pptx
Flipkart ppt.pptxFlipkart ppt.pptx
Flipkart ppt.pptx
 
Marketing Analysis Fipkart
Marketing Analysis FipkartMarketing Analysis Fipkart
Marketing Analysis Fipkart
 
Flipkart1 Online Shopping India
Flipkart1 Online Shopping IndiaFlipkart1 Online Shopping India
Flipkart1 Online Shopping India
 
Online shopping india
Online shopping indiaOnline shopping india
Online shopping india
 
Online shopping site
Online shopping siteOnline shopping site
Online shopping site
 
online shopping site
online shopping siteonline shopping site
online shopping site
 
Flipkart, amazon, snapdeal SWOT analysis
Flipkart, amazon, snapdeal SWOT analysisFlipkart, amazon, snapdeal SWOT analysis
Flipkart, amazon, snapdeal SWOT analysis
 
Flipkart
FlipkartFlipkart
Flipkart
 
E commerce report
E commerce reportE commerce report
E commerce report
 
E commerce report
E commerce reportE commerce report
E commerce report
 
Unit-5- Flipkart.pdf
Unit-5- Flipkart.pdfUnit-5- Flipkart.pdf
Unit-5- Flipkart.pdf
 

Recently uploaded

Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
lizamodels9
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
amitlee9823
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Sheetaleventcompany
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
dollysharma2066
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Call Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂Escort
Call Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂EscortCall Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂Escort
Call Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂Escort
dlhescort
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Anamikakaur10
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 

Recently uploaded (20)

Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
Chandigarh Escorts Service 📞8868886958📞 Just📲 Call Nihal Chandigarh Call Girl...
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂Escort
Call Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂EscortCall Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂Escort
Call Girls In Nangloi Rly Metro ꧂…….95996 … 13876 Enjoy ꧂Escort
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 

Flipkart

  • 1. Rishabh Anand 11100843 Lovely Professional Universit
  • 2. Introduction  Flipkart is an Indian e-commerce retail company. • It is one of the leading e-commerce players in the country. • Founded by Sachin bansal & Binny bansal in Bangalore, Karnataka in 2007. • Incorporated as a company in October 2008 as Flipkart Online Services Pvt. Ltd.
  • 3. Introduction • 4600+ employees . • Turnover: • 9900 crore (US$1.6 billion) • Started with books, and soon as it expanded, it started offering other products. • The first product sold by them was the book, John Woods' Leaving Microsoft to Change the World. bought by VVK.Chandra from Andhra Pradesh. ????????
  • 5. Statements  Vision ◦ “To become Amazon of India”.  Mission ◦ Providing a delightful and memorable customer experience.  Objective ◦ “Completely hassle free shopping experience with best prices in India”.
  • 7. Sachin Bansal  CEO and Co-founder  Graduated from IIT-Delhi with a degree in Computer Engineering.  In 2006 he joined Amazon.com in India which he later left to set-up Flipkart.  Oversees all the customer facing activities of the company ranging from technology to marketing.  He is also in charge of Flipkart's corporate divisions which include the finance and legal departments.
  • 8. Binny Bansal  Co-founder.  Born and raised in Chandigarh.  Computer Engineering from IIT Delhi.  Worked with Amazon before taking the entrepreneurial plunge with Flipkart.  Oversees all operational activities that come into play from the time the customer places an order till the time of delivery.  Warehousing, logistics and customer support.
  • 9. Funding • Initially funded by the Bansals themselves with 4 Lakhs(INR). • Flipkart has since then raised two rounds of funding from venture capital funds Accel India (in 2009) and Tiger Global Management (up to the tune of US$10 million) (in 2010). • Private equity firms Carlyle and General Atlantic are in talks to jointly invest about $150 million to $200 million in Flipkart, according to sources. • Break even : March 2010 and claims to have had at least 100% growth every quarter since its founding.
  • 10. Awards & Recognition  Sachin Bansal got Entrepreneur of the Year Award 20122013 from Economic Times.  Flipkart.com was awarded Young Turk of the Year at CNBC TV 18‟s „India Business Leader Awards 2012‟ (IBLA).  Flipkart.com- got Nominated for India MART Leaders of Tomorrow Awards 2011.  Flipkart.com, secured second position in the List of Cheapest Mobile Store 2013, compiled by Indian ecommerce observer Zoutons.com.
  • 11. Company structure social network based book recommendati on and review platform. a digital content platform company Bollywood news site that offers updates, news, photos and videos India's second largest e-retailer in electronics, bough t the company for an estimated US$ 25 million
  • 12. SWOT Analysis Strength Brand value Network reach Huge product portfolio Weakness High level of competition Ongoing price wars Clutter creation Opportunities Rural markets Overseas market Threats Growth of International players Customer loyalty
  • 13. Advantages over brick and mortar store  No need to spend much on supporting services.  Goods can be offered at lower prices.  Large scale business can be managed from a single place.  Requires less space and capital in order to start up an online business.
  • 14. Value added services  Great customer service users are more satisfied as compared to competitors. Great customer service has been its hallmark.  User friendly The user interface is sleek and easy to use.  Cash on delivery Almost 60% of its sales happen through this mode. Cash on delivery created trust in the minds of Indian customers.  Replacement 30 days replacement policy.
  • 15. Wallet  Allows shoppers to store money on the site and use it to purchase items, without having to reach for their credit card for each transaction.
  • 16. Challenges Faced • Initially, it wasn‟t easy to earn the trust of the customer. • Lack of real time interaction affects the faith of customer. • The discomfort shown by customers in revealing there financial details. • Highest number of orders get registered during weekends proves to be tough at times for logistics and customer service.  face significant challenges in reverse logistics.  It's a big task to track unsuccessful orders, which are quite costly to manage.
  • 18. Promotional Strategy  Initially they used word of mouth to create awareness. RESULT : Within two years Flipkart became one of the top 100 Indian sites and was credited for being India's largest online bookseller with over 10 million titles on offer.    Flipkart very wisely used SEO (Search Engine Optimization) and Google Ad-words as the marketing tools to have a far reach in the online world. Flipkart.com official Face book page has close to 24 lac 'likes'. Flipkart launched a series of 3 ads with the tag line - "No Kidding No worries"
  • 20. No Kidding, No Worries  Kids were used to create the adverts to send out the message - if a kid can do it, you can also do it.  No Kidding, No Worries, “Trap Them Young”.  The story board of adverts, feature kids in adult situations (context to adult voice overs), like a beauty parlor, a cafe, and an office.  The Hinglish language & the happening places is the heart of No Kidding, No Worries advertisement series.  The creative director succeeds to keep KOOLNESS of Brand Flipkart.
  • 21. Results: Ad campaign  Website traffic, orders and revenue all doubled post the campaign.  Flipkart was clocking Rs 30 cr/month. By the end of the campaign they clocked in excess of Rs 60 cr each month.  Website traffic jumped to 100 lakh visits per month and 1000 lakh page views.  Today Flipkart ships close to 30,000 items every day ie 17 items every minute.  The campaign was skewed towards the new electronics categories whose contribution went up from 40 percent to 60 percent in the two months of the campaign.
  • 23.
  • 24. What makes it stand out? • A robust back-end is a vital pre-requisite for an online business to survive. • Since once the customer completes transaction, it's this back-end that connects the dots. • The procurement model is at the heart of Flipkart‟s success, as most delays or troubles occur in this part of business. • Flipkart began operations on the consignment model i.e. procurement based on demand. • Goods are procured from suppliers on demand, based on the orders received through the website.
  • 26.  Flipkart has its own warehouses, and maintains its own inventory. Warehouses:          Bangalore Chennai Delhi Hyderabad Mumbai Noida Pune Kolkata Now they're present in 27 lucky cities, but don't worry, plans are underway to spread to many others.
  • 27. Delivery.. Flipkart is seen delivering through their own delivery boys in Bangalore and at times within 12hrs from order.  Dedicated Flipkart delivery team that works round the clock to personally make sure packages reach on time.  Flipkart is looking to develop their self managed logistic support. 
  • 28. ‘Making better our service promise’.
  • 29.  Flipkart connects with customers in real-time, through Facebook and Twitter.  Trained customer service executives to take spot decisions.  Addressing customer concerns and owning up to our mistakes, reassure customers we have their best interests at heart.  As a customer-centric organisation, none of the issues can remain unresolved for long.  The founders don't think discounts can replace the customer's satisfaction of being serviced promptly and efficiently.
  • 30. Suggestions  Rural markets can be targeted  Restaurants & hotel booking services can be added  Can go for overseas market  Can provide logistic services to other companies also.

Editor's Notes

  1.  music streaming for labels like Saregama, Universal Music and Inreco. Mime360 delivers music content to publishers like Gaana.com (Indiatimes), Myusic and iMusti