snapdeal vs amazon
TRANSCRIPT
E-commerce 2Amazon v/s Snapdeal
Submitted By-Sparsh BansalAbhishek Sahai
Amazon, is an American electronic commerce and cloud computing company with headquarters in Seattle Washington.
It is the largest Internet-based retailer in the United States. Amazon.com started as an online bookstore, later
diversifying to sell DVDs, Blurays, CDs, video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming , software, video games ,electronics, apparel, furniture, food, toys and jewelry.
The company also produces consumer electronics—notably, Amazon Kindle e-book readers,Fire tablets, Fire TV and Fire Phone
] Amazon also sells certain low-end products like USB cables under its in-house brand AmazonBasics.
Snapdeal was started on 4 February 2010 as a daily deals platform but expanded in September 2011 to become an online marketplace.
Snapdeal has grown to become one of the largest online marketplace in India offering an assortment of 10 million products across diverse categories from over 100,000 sellers, shipping to 5,000
Deal with books, later diversifying to sell DVDs, CDs, video downloads/streaming, MP3 downloads/streaming,audiobook downloads/streaming, software, video games ,electronics, apparel, furniture, food, toys and jewelry etc.
Market shareSnapdeal has 32 percent of market share.Amazon has 15 per cent market share in 2014.
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Subsidiaries
SnapdealIn June 2011, Snapdeal acquired Bangalore-based
group buying site, Grabbon.com.In April 2012, Snapdeal acquired esportsbuy.com, an
online sports goods retailer based out of Delhi.In May 2013, Snapdeal acquired Shopo.in, an online
marketplace for Indian handicraft products.In April 2014, Snapdeal acquired fashion products
discovery site, Doozton.com.In December 2014, Snapdeal acquired gifting
recommendation site, Wishpicker.com.In January 2015, Snapdeal acquired a stake in product
comparison website Smartprix.com.In February 2015, Snapdeal acquired luxury fashion
products discovery site, Exclusively.in .
In March 2015, Snapdeal acquired 20% stake in Gojavas.com.
In March 2015, Snapdeal acquired ecommerce management software and fulfillment solution provider, Unicommerce.com
In March 2015, Snapdeal entered into the financial services marketplace by acquiring a majority stake of RupeePower which provides a digital platform for financial products to customers. Mr. Tejasvi Mohanram, the founder of RupeePower would continue to be the MD&CEO of the company.
In April 2015, Snapdeal acquired mobile-payments company FreeCharge.com.
In September 2015, Snapdeal acquired Reduce Data, a programmatic display advertising platform
Other Initiatives
SnapdealNo such other initiatives are taken by
snapdeal apart from their core bussiness area.
Web InterfaceDetails-Amazon contains all the details about the product on
the same page, but on Snapdeal you have to click on certain headers to know all the detail of the product
Homepage-Homepage of Amazon looks dull and un-interactive ,
whereas homepage of Snapdeal looks vibrant, attractive and very interactive too.
Pricing-The pricing of Amazon is slightly more costly than
Snapdeal.Snapdeal offers more Discounts & less delivery charges
as compared to Amazon.Payment System- There is a special collaboration
between freecharge and snapdeal, but there is no such collaboration of Amazon with any other party.
Delivery-As of now the delivery of Amazon can be termed faster
and better than snapdeal with its 1-day delivery service.
Thank you !!!