E-Commerce

• Electronic commerce or ecommerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet.

• Covers range of different types of businesses.

• Most important aspect of Internet to emerge.

• No barrier of Time and Distance.

• Uses Electronic Data Interchange.

• Overcome Geographical Limitations.

• Gain New Customers With Search Engine Visibility.

• Lower Costs.

• Provide Comparison Shopping.

• Enable Deals, Bargains, Coupons, and Group Buying.

• Remain Open All the Time.

• Create Markets for Niche Products.

• Founded by Sachin and Binny Bansal.

• It operates exclusively in India.

• It is registered in Singapore.

• Flipkart's website is one of the 10 most visited websites in India.

• Flipkart has launched its own product range under the name "DigiFlip", offering camera bags, pen-drives, headphones, computer accessories, etc.

• Because foreign companies are not allowed to do multi-brand e-retailing in India.

• Flipkart sells goods in India through a company called WS Retail.

• Its has got an exclusive sells right for smartphones.

Vision & Mission

• Vision - To become Amazon of India

Mission - Providing a delightful customer experience

http://youtu.be/D66rKiHtezM?list=PLMYgGk_3cSHbwDSW3_1jdo4XJ0G45oZ3h

Flipkart acquires Myntra –For an estimated deal of Rs 2,000 crore.

Retail goods,

Consumer electronics

Digital content

Amazon prime

Amazon app store

Amazon web service

• The Power of Page Speed

• Personalize the Shopping Experience

• Make Searching a Breeze

• Users Need Reviews

• Recommend Similar Products

• Test, Test, Test

• https://www.youtube.com/watch?v=E5wHYdu2TWs

Companies Owned By Amazon That Operate Under Their Own Brand.

• Audible com

• Brilliance Audio

• ComiXology

"Amazon and eBay are e-commerce companies, and Alibaba is not an e-commerce company," Alibaba co-founder Jack Ma said.

"Alibaba helps others to do e-commerce. We do not sell things.“

The model means that they doesn't have to obsess over keeping prices low the way Amazon founder Jeff Bezos does.

Amazon has acquired Twitch Interactive, a popular Internet video channel for broadcasting and watching people play video games.

The deal is Amazon's second biggest, and underscores the popularity of online gaming

• Help in the growth of the Retail Sector

• Increased Sales Channels

• Transforming Organizations

• Technology and Organizational Learning

• Transforming

• New Business Models

• Customer Satisfaction.

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