Flipkart vs Jabong vs Myntra - Holiday Social Media Engagement Report India
Amazon vs flipkart
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Transcript of Amazon vs flipkart
Introduction • Flipkart is an e-commerce company founded in 2007 by Sachin Bansal
and Binny Bansal. • It is a Singaporean company which operates in India, where it is
headquartered in Bangalore, Karnataka. Flipkart has launched its own product range under the name "DigiFlip" with products including tablets, USBs, and laptop bags.
• Both alumni of the Indian Institute of Technology Delhi. They had been working for Amazon.com previously
• The business was formally incorporated as a company in October 2007 as Flipkart Online Services Pvt. Ltd.
• The first product sold by them was the book Leaving Microsoft To Change The World, bought by VVK Chandra from Andhra Pradesh.
• Flipkart now employs more than 33000 people. • Flipkart allows payment methods such as cash on delivery, credit or debit
card transactions, net banking, e-gift voucher and card swipe on delivery.Strategic Evaluation: Flipkart
2008 2009 2010 20110
2000
4000
6000
200 600 900
5000
Sales
Sales Years
Sale
s in
mill
ions
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.
•The company announced, on 10 July 2013, that it has raised an additional $200 million from existing investors including Tiger Global, Naspers, Accel Partners and Iconiq Capital.
Introduction• Amazon founder Jeff Bezos• The company was founded in 1994• American International Headquartered at Seattle• Started as online bookstore• Soon diversified selling CDs, DVDs, software, electronics, furniture,
toys, etc• Mission: To be world’s largest Customer Centric Company• Additionally, a name beginning with "A" was preferential due to the
probability it would occur at the top of any list that was alphabetized. The company began as an online bookstore, an idea spurred off with discussion with John Ingram of Ingram Book.
Business ModelAmazon-to-Buyer Sale Approch
Multi level E-Commerce
Customer Tracking
It operates 7 websites that support their business operation globally and offers 20 million items for sale.
Revenue Amazon registered a sales of Rs.6000 Crores in the year 2014 which was
more then expected by Jeff bezoz the founder of amazon.
Amazon is looking for sales of Rs.12000 Crores in the current fiscal year i.e 2015 viz double then the last year.
11
Mobiles Laptop Tablets Cameras Total0200400600800
10001200140016001800
834
449
167256
1706
777
311163
284
1535
Flipkart SKUs Amazon SKUs
Products
SKU
s (S
tock
kee
ping
uni
t)
Men's
watche
s
Men's
jeans
Men's
Sungla
sses
Hair ca
re : S
hampo
os
Baby S
trolle
rs an
d pra
ms
Women
Sports
shoe
s
Board
Gam
es
Suitca
se
Pressu
re C
ooke
r
Skin C
are M
oistur
izers
0
50
100
150
200
250
130 145 135
210
2845
75
19 28
135
45
110
60 6539 38
6425 36
60
Brand Count-Flipkart vs Amazon 2014-15
Flipkart Amazon
Products
Sale
s in
Tho
usan
ds
Amazon.in Flipkart.com2-4 delivery days one day delivery Rs99/item
Services, support and delivery
2-4 delivery days Rs90/item
25-40% for promotional item
Discounts and pricing 10-25% on an average
Free for a limited time Shipping costs Rs 50 an order less then Rs 500 order
Goods sellers like Croma retail, J.J Mehta etc available
Sellers and Credibility Wholesaler, Retailer- major seller
9/10 Overall rating 8.97/10
Price ControlAmazon
• Amazon still manage to get a hold on its price differentiation when compared to other physical or online store.
Flipkart
• But with flipkart , they are still not getting it. Customer still find a wide gap in price b/w flipkart and other online store.
Goals for Next PeriodAmazon• Amazon.com works hard to
achieve value-added differentiation through customer-focused information services. Amazon.com's site retains customer preferences and provides automated customization for users.
Flipkart• Lesson : should focus on the
customer preferences and give them advantage of customization of product.
Particular Flipkart.com (millions)
Amazon.in (millions)
Total Unique Visitors
15.20 8.78
Average Daily Visitors
2.15 1.02
Total Visits 50.44 14.66
Site visitors during the year 2014-2015