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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