e commerce problems in india by manpreet singh digital

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The slide discuss about the challenges faced by e commerce companies in india and their probbable solutions by Manpreet singh digital

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Page 1: e commerce problems in India by Manpreet singh digital

Do u Shop Online?

Page 2: e commerce problems in India by Manpreet singh digital

Retailers built a fortress againstOnline Onslaught

Manpreet Singh MBA3/1329Sanket Bhawarkar/1360

Ajay Puranik/1305Shiveen/1364Heena/1325

Page 3: e commerce problems in India by Manpreet singh digital

Present Scenario

$500 billion (Rs. 30 lac crore) is the size of India’s retail sector $3.1 Bn (Rs. 18600 Cr) is the size of Indian E-Commerce

industry, Expected to be $16Bn by 2016 (88% Growth rate)

Flipkart- $1bn sales, Myntra & Snapdealare expecting by 2015

Funding Received :Flipkart $560Mn

Snapdeal $134Mn , Ebay is one of the major investor, 20%

Myntra $125Mn

Page 4: e commerce problems in India by Manpreet singh digital

Synopsis-Amazon vs Radioshack

- Reason: Price & Varieties, Both are good online

0

20

40

60

80

2003 2013

Amazon

RS

Revenue Growth (in Bn$)

Page 5: e commerce problems in India by Manpreet singh digital

- Picture is not Rosy for Online too- Lenovo’s Statement about warranty authorization

Keeping Prices Fair-Decreasing Footfalls in malls, Trail room- Mall’s Demands to Brands- Nike, Adidas, TommyH, UCB concern

- Online Market Place Process- MRP, Floor Price, CCI

Page 6: e commerce problems in India by Manpreet singh digital

Problem Statement

- How to build Trust related to Warranty, Authorization?

- Carryon PriceWar, uptill when?

- How to provide a Physical experience?

- Payment Related fear in India, How to deal?

- Develop a strategy to stand against future threats.Walmart Online, Future bazaar.com

Page 7: e commerce problems in India by Manpreet singh digital

Recommended Solutions- Seller ratings & Reviews. - Exclusive Launches like Moto G

- Price War: “We Believe in a level playing Field” – M.Bansal ceo Myntra

“We have gone through it”, but it has now settled down.There’s hardly any price undercutting on travel portals now.Booking flights or hotels through travel portals is a matter ofconvenience and choice, rather than about pricing”

Deep Kalra MMT

Page 8: e commerce problems in India by Manpreet singh digital

- Range of items while Delivery

- Educate people about Online Payment, Secure payment systems, Reduce refund time

What lies in the future?

Omni Channel Retailing is changing the face of the retailing n the future.

Page 9: e commerce problems in India by Manpreet singh digital

Thank You