A DISSERTATION REPORT ON
MARKETING STRATEGIES OF FLIPKART AND THEIR EFFECT ON CONSUMERS IN AMITY SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR AWARD OF THE DEGREE OF BACHELOR OF BUSINESS ADMINISTRATION (BBA)
SUBMITTED TO-
SUBMITTED BY-
Mrs. RANJANA KOTHARI Amity Business Sc!!"
PARAS PARAS GUPTA BBA-#THSEM A$%%%#&'(%''
AMITY BUSINESS S)HOO* +%'(-'#
DECLARATION
I, Paras Gupta, Roll No A50006413011, BBA (6! "#$#"#%& student of
B)"'*#"" S+!ool, M*#"%, M*#"%, hereby declare that the project the A$' B)"'*#"" report
entitled
on,
-STU -STUD DY
OF
AD.E AD.ER RTISI TISING NG
STRA STRATE TEGI GIES ES
OF
FLIPKART AND THEIR EFFECT ON CONSUMERS/ is an original work and the same has not been submitted to any other institute for the award of any other degree.
The interim report was presented to the supervisor on ………………. ………………. and the pres presubm ubmis issio sion n prese presenta ntatio tion n was was made made on …… ………… ………. ….The The feasib feasible le suggestions have been duly incorporated in consultation with the faculty guide.
P%#"#*'o* I*C!%#
S'*)%# o2
!# C*'#
(F+)l&
Co)*#%"'*#
Page
DECLARATION
I, Paras Gupta, Roll No A50006413011, BBA (6! "#$#"#%& student of
B)"'*#"" S+!ool, M*#"%, M*#"%, hereby declare that the project the A$' B)"'*#"" report
entitled
on,
-STU -STUD DY
OF
AD.E AD.ER RTISI TISING NG
STRA STRATE TEGI GIES ES
OF
FLIPKART AND THEIR EFFECT ON CONSUMERS/ is an original work and the same has not been submitted to any other institute for the award of any other degree.
The interim report was presented to the supervisor on ………………. ………………. and the pres presubm ubmis issio sion n prese presenta ntatio tion n was was made made on …… ………… ………. ….The The feasib feasible le suggestions have been duly incorporated in consultation with the faculty guide.
P%#"#*'o* I*C!%#
S'*)%# o2
!# C*'#
(F+)l&
Co)*#%"'*#
Page
D'%#+o%P%'*+'7l o2 !# '*"')#
ACKNO8LEDGEMENT
This report has been made possible due to invaluable and support of a numb number er of peop people le to whom whom I own own my hear heartf tfel eltt grat gratit itud ude e and and with withou outt whose help I may not have been able to complete this report.
P%o2 (D% (D%&& M!)9 M!)9% %, HOD, HOD, A$' A$' B)"'*# B)"'*#"" "" I would like ike to thank ank P%o2 S+!ool, M*#"%, for e!tending full help in my project. "is consistent supp su ppor ortt and and coop cooper erat atio ion n sh show owed ed the the way way towa towarrds the the su succ cces essf sful ul completion of the project.
I would like to acknowledge the support of my faculty guide, M" R*:* #aculty, A$' B)"'*#"" S+!ool, M*#"% for her constant guidance in this this proje project ct and for provi providin ding g me the necess necessary ary infor informat mation ion whenev whenever er re$uir re$uired. ed. "eartfelt thanks to other other faculty faculty members members of A$' B)"'*#""
S+!ool, M*#"% for their support and cooperation. co operation.
#inally I would like to give special thanks to my family and my friends who make it all happen and make make it worth while.
PARAS GUPTA
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INDE,
• • • • • • • • • • • • • • • •
Declaratio!!""!!!!!"!!!!!!!""!!!!"(#) Ac$o%le&'eet!!"""!!!!!!!!!""!!!!""() INTRODUCTION!!!!!!!!!!!!!""!"""!(*+,) Co-a. Pro/ile!"""!!!!!!!!"!!!!!!(#0+#) O12ecti3e4 o/ t5e 4t6&.!!!!!!!!!!!""""!!!(#7) Sco-e o/ t5e 4t6&.!!!!!!!!!!""!!"!!!!(#*) Mar$eti' Mi8 o/ Fli-$art!!!!!!!!!"!!!(#9+::) Literat6re re3ie%!!!!!!!!!!!!!!""""!(:+:9) Re4earc5 Met5o&olo'.!!!!!!!!!!!!!"!""(:;) Re4earc5 Pla!!!!!!!!!!!!!"!!!"""!(:<) Seco&ar. Data!!!!!!!!!!!!!!!!"""!(:,) Priar. Data A& Iter-retatio!!!!!!"!!"!"(0+70) Liitatio4!!!!!!!!!!!!!!!!!""!!(7#) Fi&i'4!!!!!!!!!!!!!!!!!"""!!""(7:) S6''e4tio4!!!!!!!!!!!!!!!!!!!"(7) Bi1lio'ra-5.!!!!!!!!!!!!!!!""!!(77+7*)
INTRODU)TION
5a4 t5e t5e /6& /6&a ae eta tall 'oal 'oal o/ icr icrea ea4i 4i' ' 4ale 4ale44 a& a& ac5i ac5ie3 e3i i' ' a Mretin Mretin/ / strte/ strte/y y 5a4 464taia1le co-etit co-etiti3e i3e a&3ata'e a&3ata'e"" Mar$eti Mar$eti' ' 4trate'. 4trate'. icl6&e4 icl6&e4 all 1a4ic= 1a4ic= 45ort+te 45ort+ter= r= a& lo'+ter acti3itie4 acti3itie4 i t5e /iel& o/ ar$eti' t5at &eal %it5 t5e aal.4i4 o/ t5e 4trate'ic iitial 4it6 4it6at atio io o/ a co co-a. -a. a& a& t5e t5e /or /or6l 6lat atio io= = e3al e3al6a 6ati tio o a& a& 4ele 4elect ctio io o/ar$et+ o/ ar$et+ oriete& 4trate'ie4 a& t5ere/ore cotri16te to t5e 'oal4 o/ t5e co-a. a& it4 ar$eti' o12ecti3e4" A ar$eti' 4trate'. %ill 5el- .o6 /oc64" It %ill i&eti/. t5e &i//eret %a.4 .o6 ca tal$ to .o6r c64toer4= a& cocetrate o t5e oe4 t5at %ill create o4t 4ale4" It tell4 .o6 %5at to 4a.= 5o% to 4a. it a& %5o to 4a. it to i or&er to a$e ore 4ale4" Beca64e tii' i4 critical= it %ill tell .o6 %5e to 4a. it too"
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T5e -roce44 646all. 1e'i4 %it5 a 4ca o/ t5e 164ie44 e3iroet= 1ot5 iteral a& e8teral= %5ic5 icl6&e4 6&er4ta&i' 4trate'ic co4trait4" It i4 'eerall. ece44ar. to tr. to 'ra4- a. a4-ect4 o/ t5e e8teral e3iroet= icl6&i' tec5olo'ical= ecooic= c6lt6ral= -olitical a& le'al a4-ect4" Goal4 are c5o4e" T5e= a ar$eti' 4trate'. or ar$eti' -la i4 a e8-laatio o/ %5at 4-eci/ic actio4 %ill 1e ta$e o3er tie to ac5ie3e t5e o12ecti3e4" Pla4 ca 1e e8te&e& to co3er a. .ear4= %it5 461+-la4 /or eac5 .ear= alt5o6'5 a4 t5e 4-ee& o/ c5a'e i t5e erc5a&i4i' e3iroet >6ic$e4= tie 5ori?o4 are 1ecoi' 45orter" I&eall.= 4trate'ie4 are 1ot5 &.aic a& iteracti3e= -artiall. -lae& a& -artiall. 6-lae&= to ea1le a /ir to react to 6/ore4ee &e3elo-et4 %5ile tr.i' to $ee- /oc64e& o a 4-eci/ic -at5%a.@ 'eerall.= a lo'er tie /rae i4 -re/erre&" T5ere are 4i6latio4 46c5 a4 c64toer li/etie 3al6e o&el4 %5ic5 ca 5el- ar$eter4 co&6ct %5at+i/ aal.4e4 to /oreca4t %5at i'5t 5a--e 1a4e& o -o44i1le actio4= a& 'a6'e 5o% 4-eci/ic actio4 i'5t a//ect 46c5 3aria1le4 a4 t5e re3e6e+-er+c64toer a& t5e c56r rate" Strate'ie4 o/te 4-eci/. 5o% to a&264t t5e ar$eti' i8@ /ir4 ca 64e tool4 46c5 a4 Mar$eti' Mi8 Mo&eli' to 5el- t5e &eci&e 5o% to allocate 4carce re4o6rce4 /or &i//eret e&ia= a4 %ell a4 5o% to allocate /6&4 acro44 a -ort/olio o/ 1ra&4" I a&&itio= /ir4 ca co&6ct aal.4e4 o/ -er/orace= c64toer aal.4i4= co-etitor aal.4i4= a& tar'et ar$et aal.4i4" A $e. a4-ect o/ ar$eti' 4trate'. i4 o/te to $ee- ar$eti' co4i4tet %it5 a co-a.4 o3erarc5i' i44io 4tateet" Mar$eti' 4trate'. 45o6l& ot 1e co/64e& %it5 a ar$eti' o12ecti3e or i44io" For e8a-le= a 'oal a. 1e to 1ecoe t5e ar$et lea&er= -er5a-4 i a 4-eci/ic ic5e@ a i44io a. 1e 4oet5i' alo' t5e lie4 o/ to 4er3e c64toer4 %it5 5oor a& &i'it.@ i cotra4t= a ar$eti' 4trate'. &e4cri1e4 5o% a /ir %ill ac5ie3e t5e 4tate& 'oal i a %a. %5ic5 i4 co4i4tet %it5 t5e i44io= -er5a-4 1. &etaile& -la4 /or 5o% it i'5t 16il& a re/erral et%or$= /or e8a-le" Strate'. 3arie4 1. t.-e o/ ar$et" A %ell+e4ta1li45e& /ir i a at6re ar$et %ill li$el. 5a3e a &i//eret 4trate'. t5a a 4tart+6-" Pla4 646all. i3ol3e oitori'= to a44e44 -ro're44= a& -re-are /or coti'ecie4 i/ -ro1le4 ari4e"
T5i'4 are ea4ier 4ai& t5a &oe To reali?e o6r &rea4 a& t5at al4o i 46c5 a 'ra& aer i4 reall. a to6'5 ta4$" T5e /o6&er4 o/ Fli-$art 5a3e -ro1a1l. co>6ere& t5eir &rea4 %it5 t5e aa?i' 46cce44 o/ Fli-$art" Fli-$art i4 4oet5i' %5ic5 5a4 reall. o-ee& 6- t5e I&ia e+coerce ar$et a& t5at al4o i a 1i' %a." Di3er4it. o/ Strate'ie4 Mar$eti' 4trate'ie4 a. &i//er &e-e&i' o t5e 6i>6e 4it6atio o/ t5e i&i3i&6al 164ie44" Ho%e3er= t5ere are a 61er o/ %a.4 o/ cate'ori?i' 4oe 'eeric 4trate'ie4" A 1rie/ &e4cri-tio o/ t5e o4t coo cate'ori?i' 4c5ee4 i4 -re4ete& 1elo% Strte/ies 0se1 !n mret 1!minnce
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I t5i4 4c5ee= /ir4 are cla44i/ie& 1a4e& o t5eir ar$et 45are or &oiace o/ a i&64tr." T.-icall. t5ere are /o6r t.-e4 o/ ar$et &oiace 4trate'ie4 •
Lea&er
•
C5alle'er
•
Follo%er
•
Nic5er
Entrnt Strte/ies
Accor&i' to Lie1era a& Mot'oer.= e3er. etrat ito a ar$et %5et5er it i4 e% or ot i4 cla44i/ie& 6&er a Mar$et Pioeer= Clo4e Follo%er or a Late /ollo%er Pi!neers
Mar$et Pioeer4 are $o% to o/te o-e a e% ar$et to co46er4 1a4e& o// a a2or io3atio" T5e. e-5a4i4e t5e4e -ro&6ct &e3elo-et4= a& i a 4i'i/icat ao6t o/ ca4e4= 4t6&ie4 5a3e 45o% t5at earl. etrat4 or -ioeer4 ito a ar$et 5a3e 4erio64 ar$et+45are a&3ata'e4 a1o3e all t5o4e %5o eter later" Pioeer4 5a3e t5e /ir4t+o3er a&3ata'e= a& i or&er to 5a3e t5i4 a&3ata'e= 164ie44 64t e46re t5e. 5a3e at lea4t oe or ore o/ t5ree -riar. 4o6rce4 Tec5olo'ical Lea&er45i-= Pree-tio o/ A44et4 or B6.er S%itc5i' Co4t4" Tec5olo'ical Lea&er45i- ea4 'aii' a a&3ata'e t5ro6'5 eit5er Re4earc5 a& De3elo-et or t5e leari' c6r3e" T5i4 let4 a 164ie44 64e t5e re4earc5 a& &e3elo-et 4ta'e a4 a $e. -oit o/ 4elli' &6e to -riar. re4earc5 o/ a e% or &e3elo-e& -ro&6ct" Pree-tio o/ A44et4 ca 5el- 'ai a a&3ata'e t5ro6'5 ac>6iri' 4carce a44et4 %it5i a certai ar$et= allo%i' t5e /ir4t+o3er to 1e a1le to 5a3e cotrol o/ e8i4ti' a44et4 rat5er t5a t5o4e t5at are create& t5ro6'5 e% tec5olo'." T564 allo%i' -re+e8i4ti' i/oratio to 1e 64e& a& a lo%er ri4$ %5e /ir4t eteri' a e% ar$et" B. 1ei' a /ir4t etrat= it i4 ea4. to a3oi& 5i'5er 4%itc5i' co4t4 co-are& to later etrat4" For e8a-le= t5o4e %5o eter later %o6l& 5a3e to i3e4t ore e8-e&it6re i or&er to eco6ra'e c64toer4 a%a. /ro earl. etrat4" Ho%e3er= %5ile Mar$et Pioeer4 a. 5a3e t5e 5i'5e4t -ro1a1ilit. o/ e'a'i' i -ro&6ct &e3elo-et a& lo%er 4%itc5i' co4t4= to 5a3e t5e /ir4t+o3er a&3ata'e= it ca 1e ore e8-e4i3e &6e to -ro&6ct io3atio 1ei' ore co4tl. t5a -ro&6ct iitatio" It 5a4 1ee /o6& t5at %5ile Pioeer4 i 1ot5 co46er 'oo&4 a& i&64trial ar$et4 5a3e 'aie& 4i'i/icat 4ale4 a&3ata'e4= t5e. ic6r lar'er &i4a&3ata'e4 co4t+%i4e" )"!se 2!""!3ers
Bei' a Mar$et Pioeer ca ore o/te t5a ot= attract etre-ree6r4 a&or i3e4tor4 &e-e&i' o t5e 1ee/it4 o/ t5e ar$et" I/ t5ere i4 a 6-4i&e -otetial a& t5e a1ilit. to 5a3e a 4ta1le ar$et 45are= a. 164ie44e4 %o6l& 4tart to /ollo% i t5e /oot4te-4 o/ t5e4e -ioeer4" T5e4e are ore cool. $o% a4 Clo4e Follo%er4" T5e4e etrat4 ito t5e ar$et ca al4o 1e 4ee a4 c5alle'er4 to t5e Mar$et Pioeer4 a& t5e Late Follo%er4" T5i4 i4 1eca64e earl. /ollo%er4 are ore t5a li$el. to i3e4t a 4i'i/icat ao6t i Pro&6ct 6 Page
Re4earc5 a& De3elo-et t5a later etrat4" B. &oi' t5i4= it allo%4 164ie44e4 to /i& %ea$e44e4 i t5e -ro&6ct4 -ro&6ce& 1e/ore= t564 lea&i' to i-ro3eet4 a& e8-a4io o t5e a/oreetioe& -ro&6ct" T5ere/ore= it co6l& al4o lea& to c64toer -re/erece= %5ic5 i4 e44etial i ar$et 46cce44" D6e to t5e at6re o/ earl. /ollo%er4 a& t5e re4earc5 tie 1ei' later t5a Mar$et Pioeer4= &i//eret &e3elo-et 4trate'ie4 are 64e& a4 o--o4e& to t5o4e %5o etere& t5e ar$et i t5e 1e'ii'= a& t5e 4ae i4 a--lie& to t5o4e %5o are Late Follo%er4 i t5e ar$et" B. 5a3i' a &i//eret 4trate'.= it allo%4 t5e /ollo%er4 to create t5eir o% 6i>6e 4elli' -oit a& -er5a-4 tar'et a &i//eret a6&iece i co-ari4o to t5at o/ t5e Mar$et Pioeer4" Earl. /ollo%i' ito a ar$et ca o/te 1e eco6ra'e& 1. a e4ta1li45e& 164ie44 -ro&6ct t5at i4 t5reatee& or 5a4 i&64tr.+4-eci/ic 46--orti' a44et4" *te 2!""!3ers
T5o4e %5o /ollo% a/ter t5e Clo4e Follo%er4 are $o% a4 t5e Late Etrat4" W5ile 1ei' a Late Etrat ca 4ee 3er. &a6ti'= t5ere are 4oe -er$4 to 1ei' a latecoer" For e8a-le= Late Etrat4 5a3e t5e a1ilit. to lear /ro t5o4e %5o are alrea&. i t5e ar$et or 5a3e -re3io64l. etere&" Late Follo%er4 5a3e t5e a&3ata'e o/ leari' /ro t5eir earl. co-etitor4 a& i-ro3i' t5e 1ee/it4 or re&6ci' t5e total co4t4" T5i4 allo%4 t5e to create a 4trate'. t5at co6l& e44etiall. ea 'aii' ar$et 45are a& o4t i-ortatl.= 4ta.i' i t5e ar$et" I a&&itio to t5i4= ar$et4 e3ol3e= lea&i' to co46er4 %ati' i-ro3eet4 a& a&3aceet4 o -ro&6ct4" Late Follo%er4 5a3e t5e a&3ata'e o/ catc5i' t5e 45i/t4 i c64toer ee&4 a& %at4 to%ar&4 t5e -ro&6ct4"W5e 1eari' i i& c64toer -re/erece= c64toer 3al6e 5a4 a 4i'i/icat i/l6ece" C64toer 3al6e ea4 ta$i' ito acco6t t5e i3e4tet o/ c64toer4 a4 %ell a4 t5e 1ra& or -ro&6ct" It i4 create& t5ro6'5 t5e -erce-tio4 o/ 1ee/it4 a& t5e total co4t o/ o%er45i-" O t5e ot5er 5a&= i/ t5e ee&4 a& %at4 o/ co46er4 5a3e ol. 4li'5tl. altere&= Late Follo%er4 co6l& 5a3e a co4t a&3ata'e o3er earl. etrat4 &6e to t5e 64e o/ -ro&6ct iitatio" Ho%e3er= i/ a 164ie44 i/ 4%itc5i' ar$et4= t5i4 co6l& ta$e t5e co4t a&3ata'e a%a. &6e to t5e e8-e4e o/ c5a'i' ar$et4 /or t5e 164ie44" Late Etr. ito a ar$et &oe4 ot ece44aril. ea t5ere i4 a &i4a&3ata'e %5e it coe4 to ar$et 45are= it &e-e&4 o 5o% t5e ar$eti' i8 i4 a&o-te& a& t5e -er/orace o/ t5e 164ie44" I/ t5e ar$eti' i8 i4 ot 64e& correctl. &e4-ite t5e etrat tie t5e 164ie44 %ill 'ai little to o a&3ata'e4= -otetiall. i44i' o6t o a 4i'i/icat o--ort6it."
On"ine A14ertisin/
T5e 61er o/ iteret 64er4 i4 o a ra-i& ri4e %orl&%i&e a& i4 64e& 1. -eo-le o/ all a'e a& t.-e4" Iteret 5a4 1ecoe a a2or e&i6 /or co6icatio= etertaiet a& i4 i t5e -roce44 o/ re-laci' tra&itioal etertaiet= -roo -ro&6ct4= a& i/orati3e Me&ia4" Soe 164ie44e4 are /i&i' t5at 5a&i' o6t a -roo -ro&6ct 46c5 a4 -e4= 164ie44 car&4= a& 6'4 are too co4tl. a& .iel& little re46lt4" Li$e%i4e= tra&itioal ar$eti' /or4 46c5 a4 tele3i4io= ra&io= e%4-a-er= a'a?ie4= etc"= are 1ecoi' a t5i' o/ t5e -a4t" Iteret 5a4 al4o 1ecoe a a2or a& e//ecti3e e&i6 /or a&3erti4i' a& it 5a4 1e -re&icte& ; Page
t5at t5e olie a&3erti4i' a& ar$eti' i4 4oo 'oi' to re-lace t5e a&3erti4i' t5ro6'5 tra&itioal e&ia4 46c5 a4 tele3i4io= ra&io= e%4-a-er a& a'a?ie4" I 5a3e -ic$e& aro6& #0 a&3ata'e4 o/ olie a&3erti4i' (ot i t5at or&er) %5e co-are& %it5 t5e tra&itioal o//lie a&3erti4i'" #) Wi&er Co3era'e T5e olie a&3erti4i' 'i3e4 .o6r a&4 a %i&er co3era'e a& t5i4 'lo1all. %i&er co3era'e 5el-4 i a$i' .o6r a&3erti4eet4 reac5 ore a6&iece4= %5ic5 a. 6ltiatel. 5el- .o6 i 'etti' 1etter re46lt4 t5ro6'5 .o6r olie a&3erti4i' ca-ai'" :) Tar'ete& A6&iece4 %5e co-are& %it5 o//lie a&3erti4i'= olie a&3erti4i' al%a.4 5el-4 .o6 to reac5 t5e tar'ete& a6&iece a& t5i4 5el-4 i a$i' .o6r ca-ai' ore -ro/ita1le a& 'etti' ore rele3at lea&4" ) A//or&a1le Aot5er ai a&3ata'e o/ olie a&3erti4i' or ar$eti' i4 t5e 6c5 a//or&a1le -rice %5e co-are& %it5 t5e tra&itioal a&3erti4i' co4t4" Wit5 a 6c5 le44er co4t .o6 ca a&3erti4e o t5e et /or a %i&er ra'e o/ a6&iece a& 'eo'ra-5ical locatio4" 7) Ea4. to Trac$ a& Mea46re Co3er4io Mea46ra1ilit. a& ea4ie44 to trac$ t5e co3er4io a$e4 olie a&3erti4i' ile4 a5ea& o t5e tra&itioal a&3erti4i' et5o&4" A lot o/ e//ecti3e aal.tic4 tool4 are a3aila1le to ea46re olie a&3erti4i' ca-ai'4 %5ic5 5el- i ore i-ro3i4atio o/ t5e a&4"
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*) S-ee& Olie a&3erti4i' i4 6c5 /a4ter t5a o//lie a&3erti4i' a& .o6 ca 4tart 4e&i' o6t .o6r a&4 to a %i&er a6&iece= t5e oet .o6 4tart .o6r a&3erti4i' ca-ai'" 9) I/orati3e I olie a&3erti4i'= t5e a&3erti4er i4 a1le to co3e. ore &etail4 a1o6t t5e a&3erti4eet to t5e a6&iece a& t5at too at relati3el. lo% co4t" Mo4t o/ t5e olie a&3erti4i' ca-ai'4 are co-o4e& o/ a clic$a1le li$ to a 4-eci/ic la&i' -a'e= %5ere 64er4 'et ore i/oratio a1o6t t5e -ro&6ct etioe& i t5e a&" ;) Fle8i1le Pa.et Pa.et /le8i1ilit. i4 aot5er a&&e& a&3ata'e o/ olie a&3erti4i' a& ar$eti'" I o//lie a&3erti4i' .o6 ee& to -a. t5e /6ll ao6t to t5e a&3erti4i' a'ec. irre4-ecti3e o/ t5e re46lt4" B6t i olie a&3erti4i' t5ere i4 t5e /le8i1ilit. o/ -a.i' /or ol. >6ali/ie& lea&4= clic$4 or i-re44io4" <) Better ROI Sice olie a&3erti4i' i4 ail. /oc64e& o -er/orace 1a4e& -a.et= .o6 ROI i4 46re to 1e /ar 1etter %5e co-are& %it5 o//lie a&3erti4i'" ,) Ea4. A6&iece E'a'eet Olie a&3erti4eet a$e4 i4 ea4. /or t5e a6&iece to e'a'e %it5 .o6r a&4 or -ro&6ct4" A4 a a&3erti4er %e %o6l& 1e a1le to 'et ore /ee&1ac$ /ro t5e a6&iece a& t5ere1. i-ro3e t5e >6alit. o/ o6r a&4 'oi' /or%ar&" #0) Better Bra&i' A. /or o/ a&3erti4i' 5el-4 i i-ro3i' t5e 1ra&i' a& olie a&3erti4i' 4ta&4 a otc5 5i'5 i i-ro3i' t5e 1ra&i' o/ .o6r co-a.= 4er3ice or -ro&6ct" Fli-$art 1ei' a olie e'a 4tore a&3erti4e4 it4 -ro&6ct4 a& t5e o//er4 i &i//eret iteret 4ite4= 4cree45ot4 o/ %5ic5 are 1ei' 45o% 1elo%
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)OMPANY PRO2I*E
Fli-$art %a4 co+/o6&e& 1. Sac5i Ba4al a& Bi. Ba4al i Oct :00;" Bot5 are 'ra&6ate4 /ro IIT+Del5i a& 5a3e -rior %or$ e8-eriece i Aa?o"co T5e. 1ot5 %ere 4oli& co&er4 a& %ate& to o-e a -ortal t5at co-are& &i//eret e+coerce %e14ite4= 16t t5ere %ere 5ar&l. a. 46c5 4ite4 i I&ia a& t5e. &eci&e& to 'i3e 1irt5 to t5eir o% e+coerce 3et6re + Fli-$art"co T564 %a4 1or Fli-$art i Oct :00; %it5 a iitial i3e4tet o/ 7 lac (co+/o6&er4 4a3i'4)" It %a4 e3er 'oi' to 1e ea4. 4ice I&ia 5a4 5a& 1a& -a4t e8-eriece4 %it5 e+coerce tra&i'" It %a4 ot a ea4. 4e'et to 1rea$ ito= -eo-le %ere 3er. -artic6lar i -a.i' oe. /or 4oet5i' %5ic5 t5e. 5a& ot 4ee a& recei3e&" T5e tr64t %a4 i44i' i t5e I&ia c64toer4" So %5at Fli-$art 5a& to &o %a4 to i4till tr64t a& /ait5 i t5eir c64toer4" A& t5e. &i& e8actl. t5e 4ae= %ill &i4c644 ore o 5o% t5e. &i& 4o later i t5e -o4t" Fli-$art 1e'a %it5 4elli' 1oo$4= 4ice 1oo$4 are ea4. to -roc6re= tar'et ar$et %5ic5 rea&4 1oo$4 i4 i a16&ace= 1oo$4 -ro3i&e ore ar'i= are ea4. to -ac$ a& &eli3er= &o ot 'et &aa'e& i tra4it a& o4t i-ortatl. 1oo$4 are ot 3er. e8-e4i3e= 4o t5e ao6t o/ oe. a c64toer 5a4 to 4-e& to tr. o6t oe4 4er3ice /or oe tie i4 3er. iial" Fli-$art 4ol& ol. 1oo$4 /or t5e /ir4t t%o .ear4" Fli-$art 4tarte& %it5 t5e co4i'et o&el (-roc6reet 1a4e& o &ea&) i"e" t5e. 5a& tie4 %it5 : &i4tri16tor4 i Ba'alore= %5ee3er a c64toer or&ere& a 1oo$= t5e. 64e& to -er4oall. -roc6re t5e 1oo$ /ro t5e &ealer= -ac$ t5e 1oo$ i t5eir o//ice a& t5e co6rier t5e 4ae" I t5e iitial ot54 t5e /o6&er4 -er4oal cell 61er4 64e& to 1e t5e c64toer 46--ort 61er4" So= i t5e 4tart t5e. trie& t5eir 1e4t to -ro3i&e 'oo& 4er3ice= /oc64 o t5e %e14ite + ea4. to 1ro%4e a& or&er a& 5a44le+/ree= a& 4tro3e 5ar& to re4ol3e a. c64toer i446e4" Sice t5ere %ere ot a. e4ta1li45e& -la.er4 i t5e ar$et= t5i4 allo%e& t5e a lot o/ 4-ace to 'ro%= a& t5e. &i& i /act 're% 3er. ra-i&l." Fli-$art 5a& a re3e6e o/ 7 crore i FJ :00< + :00,= :0 crore i FJ :00, + :0#0= ;* crore i FJ :0#0 + :0##= a& t5e re3e6e /or FJ :0## + :0#: %5ic5 e&4 o # Mar :0#: i4 e8-ecte& to 1e *00 crore" T5i4 i4 i&ee& a a44i3e 'ro%t5" T5e co-a. tar'et4 re3e6e4 o/ *000 crore 1. :0#*"
10 P a g e
T5e co-a. 4tarte& /ro : e-lo.ee4 a& o% 5a4 aro6& 7*00 e-lo.ee4" Fli-$art 4tarte& %it5 co4i'et o&el a4 &i4c644e& a1o3e= 4ice o4t o/ t5e c64toer i446e4 li$e &eli3er. &ela.4 etc" re46lt /ro -roc6reet o&el= t5e co-a. 4tarte& o-ei' it4 o% %are5o64e4 a4 it 4tarte& 'etti' ore i3e4tet4" T5e co-a. o-ee& it4 /ir4t %are5o64e i Ba'alore a& later o o-ee& %are5o64e4 i Del5i= Kol$atta a& M61ai" To&a. t5e co-a. %or$4 %it5 ore t5a *00 46--lier4" A4 o &ate ore t5a <0 or&er4 o/ Fli-$art are 5a&le& 3ia %are5o64e4 %5ic5 5el- i >6ic$ a& e//iciet 4er3ice" A 561le 1e'ii' /ro 1oo$4= Fli-$art o% 5a4 a 'a6t o/ -ro&6ct4 ra'i' /ro Cell -5oe4= la-to-4= co-6ter4= caera4= 'ae4= 64ic= a6&io -la.er4= T4= 5ealt5care -ro&6ct4= %a45i' ac5ie4 etc" etc" Still= Fli-$art &eri3e4 aro6& *0 o/ it4 re3e6e /ro 4elli' 1oo$4 olie" Fli-$art i4 t5e I&ia ar$et lea&er i 4elli' 1oo$4 1ot5 o//lie a& olie= it e2o.4 a olie 45are o/ aro6& <0" T5e electroic ite4 5a3e a lar'e 61er o/ -la.er4 li$e Naa-tol= Let416.= I&ia-la?a= Tra&64= I/i1ea= Je15i etc" T5e electroic ar$et 45are i4 &i4tri16te& ao' t5e i &i//eret 6$o% -ro-ortio4" I&ia 5a4 aro6& #"* crore iteret 64er4 to&a. %5ere a4 t5e 61er o/ 5oe4 %it5 Ca1le a& Satellite (CS) tele3i4io i4 #0"* crore" T5e e8-ecte& iteret 64er4 %ill reac5 a /i'6re o/ 0 crore 1. :0#7 a& CS 5oe4 are e8-ecte& to 1e #7 crore 1. :0#7" T564 I&ia 5a4 a tree&o64 iteret 'ro%t5 a& %it5 t5e c64toer4 'etti' acc64toe& to e+coerce= t5e /6t6re o/ e+coerce 4ector i4 &e/iitel. ro4." A a--ro8iate& :* lac -eo-le 5a3e tra4acte& olie t5i4 .ear= t5e 61er i4 all 4et to icrea4e %it5 tie" Al4o to etio o4t o/ t5e Fli-$art c64toer4 64e iteret /ro PC4La-to-4 to or&er 'oo&4" T5e 64e o/ o1ile iteret i4 3er. le44 at t5e oet= 16t %it5 t5e a&3et o/ 4art -5oe4 t5e 64e o/ o1ile iteret /or e+coerce tra4actio4 %ill 4oar %it5 tie" I&ia 5a4 < crore o1ile et 64er4 at t5e oet= t5e 61er i4 e8-ecte& to 4%ell to ::"* crore 1. :0#7"
Iitiall. /6&e& 1. t5e Ba4al4 t5e4el3e4 %it5 7 La$54(INR)"
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•
Fli-$art 5a4 4ice t5e rai4e& t%o ro6&4 o/ /6&i' /ro 3et6re ca-ital /6&4 Accel I&ia (i :00,) a& Ti'er Glo1al Maa'eet (6- to t5e t6e o/ US#0 illio) (i :0#0)"
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Pri3ate e>6it. /ir4 Carl.le a& Geeral Atlatic are i tal$4 to 2oitl. i3e4t a1o6t #*0 illio to :00 illio i Fli-$art= accor&i' to 4o6rce4"
11 P a g e
Ac5uisiti!ns6 +%'% 7EREAD= a 4ocial 1oo$ &i4co3er. tool" T5e 4tate& 'oal %a4 to 'i3e Fli-$art a 4ocial
recoe&atio -lat/or /or 16.er4 to a$e i/ore& &eci4io4 1a4e& o recoe&atio4 /ro -eo-le %it5i t5eir 4ocial et%or$" +%'' Mime(#%= a &i'ital cotet -lat/or co-a." +%'' )8.c!m i4 a Boll.%oo& e%4 4ite t5at o//er4 6-&ate4= e%4= -5oto4 a& 3i&eo4"
Fli-$art ac>6ire& t5e ri'5t4 to C5a$-a$4 &i'ital catalo'6e %5ic5 icl6&e4 70=000 /ilo'ra-5ie4= #0=000 o3ie4 a& clo4e to *0=000 rati'4" Fli-$art 5a4 cate'oricall. 4ai& t5at it %ill ot 1e i3ol3e& %it5 t5e ori'ial 4ite a& %ill ot 64e t5e 1ra& ae" +%'+ *ets0uy.c!m i4 I&ia4 4eco& lar'e4t e+retailer i electroic4" Fli-$art 5a4 1o6'5t t5e
co-a. /or a e4tiate& US :* illio"
2"i8rt9s Success Mntr •
Great c64toer 4er3ice Fli-$art 64er4 are ore 4ati4/ie& t5a t5at o/ t5eir co-etitor4" Great c64toer 4er3ice 5a4 1ee it4 5allar$" Ea4. to 64e %e14ite= 5a44le /ree -a.et 4.4te T5e 64er iter/ace i4 4lee$ a& ea4. to
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64e" •
Ca45 o &eli3er.Car& o &eli3er. o&e o/ -a.et T5i4 5a4 1ee a a2or i4tr6et i Fli-$art4 46cce44" Alo4t 90 o/ it4 4ale4 5a--e t5ro6'5 t5i4 o&e" Ca45 o &eli3er. create& tr64t i t5e i&4 o/ I&ia c64toer4 %5o %ere al%a.4 %ear. o/ a$i' -a.et4 olie"
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Foc64e& o 64er e8-eriece E3er. ot5er e+coerce 4ite= trie& to cra t5e a8i6 o/ ao6t o/ i/oratio -o44i1le ito e3er. 4i'le -a'e %5erea4 Fli-$art /oc64e& o -ro3i&i' ol. t5e rele3at i/o
1 P a g e
2uture R!1 M8 •
T5e. ai at #0 tie4 'ro%t5 a& e.e4 at #Billio 4ale4 1. :0#*"
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T5e. %ill loo$ at 1i''er i3e4tet4 i t5eir 46--l. c5ai a& tec5olo'." •
I3e4tet %ill 1e a&e i lar'e %are5o64e4 a& icrea4e& a6toatio o/ t5eir -roce44= 4o t5at t5e -ro&6ct i4 ot &ela.e&"
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T5e. ite& to eter i to 3ario64 e% cate'orie4 a& e8-a& t5eir c6rret cate'orie4 a4 %ell"
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E3er.t5i' e8ce-t /or 'rocerie4 a& a6too1ile4 %ill 1e a3aila1le o Fli-$art i /6t6re"
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To 'o /6rt5er i t5e 3al6e c5ai= Fli-$art i4 loo$i' at a44ociatio4 %it5 a lar'er 61er o/ 46--lier4 a& -arter4= 1ot5 atioall. a& iteratioall."
Trets in :uture6
T5ere are o a2or /ore4eea1le t5reat4 i t5e /6t6re" T5e co-a. 5a4 16ilt a 'reat 1ra& ae= t5e. 264t 5a3e to aitai a& e5ace t5e 4ae" Nee& to $ee- itro&6ci' ore -ro&6ct4= a&a-ti' to t5e c5a'i' ee&4 o/ t5e c64toer %it5 tie" T5e etr. o/ Aa?o"co i :0#: i t5e I&ia e+coerce 4-ace 5a4 1ee cite& a4 a 1i' c5alle'e to Fli-$art" Ho%e3er Fli-$art i4 a re4-ecte& Bra& ae i I&ia a& 45o6l& 1e a1le to co-ete %it5 Aa?o" Aa?o 1ei' a 3er. 1i' co-a. ca 1ri' i 4erio64 co-etitio to Fli-$art= 4ice Aa?o ca 1ear ore lo44e4 i t5e 1e'ii' to 'ai c64toer 1a4e" B6t a'ai I&ia ar$et i4 'ro%i' at a ra-i& -ace a4 acce44 to iteret icrea4e4 a& -eo-le 1ecoe ore a%are o/ e+coerce 4ite4 a& 4tart tr64ti' t5e 4ae@ 5ece I&ia ar$et i4 46//icietl. 1i' at+lea4t /or t5e4e t%o 'iat4 to co+ e8i4t 1ee/iciall."
13 P a g e
OB>ECTI.ES OF THE STUDY #" :" " 7" $.
To $o% t5e Mar$eti' a& a&3erti4i' 4trate'ie4 64e& 1. /li-$art" To $o% t5e I-ortace o/ A&3erti4i' To aal.?e t5e /actor4 a& t5eir e//ect o t5e Co46er4" To e8aie a2or c5alle'e4 /ace& 1. I&ia co46er %5ile 45o--i' olie" 4t6&. t5e /6t6re o/ I&ia e+coerce i&64tr.
SCOPE OF THE STUDY 14 P a g e
I&ia 5a4 a iteret 64er 1a4e o/ a1o6t *7 illio a4 o/ 6e o/ :0#*" De4-ite 1ei' t5e 4eco& lar'e4t 64er 1a4e i %orl&= ol. 1e5i& C5ia (9*0 illio= 7< o/ -o-6latio)= t5e -eetratio o/ e+coerce i4 lo% co-are& to ar$et4 li$e t5e Uite& State4 (:99 M= <7)= or Frace (*7 M= <#)= 16t i4 'ro%i' at a 6-rece&ete& rate= a&&i' aro6& 9 illio e% etrat4 e3er. ot5" T5e i&64tr. co4e464 i4 t5at 'ro%t5 i4 at a i/lectio -oit" I I&ia= ca45 o &eli3er. i4 t5e o4t -re/erre& -a.et et5o&= acc66lati' ;* o/ t5e e+ retail acti3itie4" Dea& /or iteratioal co46er -ro&6ct4 i4 'ro%i' 6c5 /a4ter t5a i+ co6tr. 46--l. /ro a6t5ori?e& &i4tri16tor4 a& e+coerce o//eri'4" Lar'e4t e+coerce co-aie4 i I&ia are Fli-$art= Sa-&eal= Aa?o I&ia= Pa.t" T5i'4 are ea4ier 4ai& t5a &oe To reali?e o6r &rea4 a& t5at al4o i 46c5 a 'ra& aer i4 reall. a to6'5 ta4$" T5e /o6&er4 o/ Fli-$art 5a3e -ro1a1l. co>6ere& t5eir &rea4 %it5 t5e aa?i' 46cce44 o/ Fli-$art" Fli-$art i4 4oet5i' %5ic5 5a4 reall. o-ee& 6- t5e I&ia e+ coerce ar$et a& t5at al4o i a 1i' %a." Fli-$art %a4 co+/o6&e& 1. Sac5i Ba4al a& Bi. Ba4al i Oct :00;" Bot5 are 'ra&6ate4 /ro IIT+Del5i a& 5a3e -rior %or$ e8-eriece i Aa?o"co T5e. 1ot5 %ere 4oli& co&er4 a& %ate& to o-e a -ortal t5at co-are& &i//eret e+coerce %e14ite4= 16t t5ere %ere 5ar&l. a. 46c5 4ite4 i I&ia a& t5e. &eci&e& to 'i3e 1irt5 to t5eir o% e+coerce 3et6re + Fli-$art"co T5i4 -ro2ect o A&3erti4i' 4trate'ie4 64e& 1. Fli-$art %ill 5el- 64 to $o% t5e a--roac5e4 a& t5e i-ortace o/ a&3erti4i' i t5e /iel& o/ ecoerce" Peo-le 'etti' a//ecte& 1. it a& t5e re46lt 'etti' o6t o/ it %ill 1e i /rot o/ 64 %it5 t5i4 4t6&." W5at -eo-le t5i$ a1o6t ecoerce= /li-$art a& t5ere re4-o4e4 o
15 P a g e
MARKETING MI, O2 2*IPKART
Fli-$art i4 a -ri3ate co-a. /o6&e& 1. Bi. Ba4al a& Sac5i Ba4al" E4ta1li45e& i t5e .ear :00;= it &eal4 %it5 e+coerce" T5e co-a. %e14ite i4 oe o/ t5e o4t -o-6lar %e14ite4 i I&ia a& 5a4 a e-lo.ee co6t o/ ore t5a te t5o64a&" It4 4lo'a= T5e Olie Me'a4tore i4 3er. a-t a& -o-6lar" A4 I&ia4 are 1ei' acc64toe& to olie -6rc5a4e4= t5e. 5a3e cotri16te& to%ar&4 t5e 46cce44 o/ t5i4 olie %e14ite" Fli-$art i4 o lo'er 264t a 45o--i' %e14ite@ it 5a4 1ecoe t5e 5eart a& 4o6l o/ t5e 45o-a5olic4" Peo-le 5a3e 4tarte& /eeli' t5at t5i4 olie -ortal i4 'i3i' ore c5oice4 i -ro&6ct4 t5a ot5er4" I a recet &e3elo-et= t5e I&ia Te8tile Mii4tr. 5a4 4i'e& %it5 Fli-$art a eora&6 o/ 6&er4ta&i'" U&er t5i4 MOU= t5e 5a&loo %ea3er4 %ill 'et a ea4. to 64e -lat/or t5ro6'5 Fli-$art to &i4-la. t5eir -ro&6ct4 a& co&6ct 4ale4" Fli-$art %ill al4o -ro3i&e i/ra4tr6ct6ral 46--ort to t5e %ea3er4" Ho%e3er= t5i4 o3e 5a4 1ee a&e /or t5e 'ro%t5 o/ 5a&loo i&64tr. 16t it %ill al4o 1ee/it t5e %e14ite" To a44ociate %it5 a. 'o3eret -ro2ect i4 i it4el/ a te4tio. to t5eir re-6tatio" Soe o/ t5e co-a.4 $e. co-etitor4 are •
Sa- Deal
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e 1a.
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Naa-tol
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HoeS5o-#<
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a1o'
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Je15i
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aa?o
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I&ia-la?a
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I/i1ea
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Let416.
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M.tra
P%o)+ '* !# $%9#'* $'? o2 Fl'79% Fli-$art i4 a olie retaili' i&64tr. a& 4tarte& it4 o-eratio4 %it5 t5e 4ale o/ 1oo$4" For t%o .ear4= it 4ol& ol. 1oo$4 t5ro6'5 it4 %e14ite a4 t5e aa'eet a& 45i-et o/ 1oo$4 %a4 6c5 ea4ier" A/ter it4 e8-a4io= it 4tarte& &eali' %it5 -ro&6ct4 li$e air cooler4= 16 P a g e
Wa45i' ac5ie4= air co&itioer= li/e 4t.le -ro&6ct4= 4tatioar. 46--lie4= cell -5oe4= co-6ter4= calc6lator4= icro%a3e o3e4= %ater -6ri/ier4= la-to-4= caera4= a6&io -la.er4= -ro&6ct4 relati' to 5ealt5 care= &i45%a45er4 a& e+1oo$4" Pro&6ct4 4ol& o Fli-$art 5a3e t5e 4ae %arratie4 o/ t5e 1ra& i/ 4ol& o6t4i&e i a 45o%roo" It 5a4 recetl. la6c5e& it4 -er4oal -ro&6ct ra'e calle& Di'iFli-" U&er t5i4 1ra&= it o//er4 -ro&6ct4 li$e co-6ter acce44orie4= caera 1a'4= 5ea&-5oe4 a& -e &ri3e4" I 6l.= Fli-$art itro&6ce& it4 o% ta1let -5oe4 a& et%or$i' ro6ter 6&er it4 -er4oal ra'e Di'iFli-" O Fe1r6ar. *= :0#7 i a 4-ecial tie 6- %it5 Motorola Mo1ilit.= Fli-$art 5a4 -ro3i&e& a -lat/or /or t5e la6c5 o/ Moto G" Olie 45o--er4 %et cra?. %it5 t5e 63eili' o/ t5i4 4art -5oe" T5i4 a%e+i4-iri' re4-o4e re46lte& i t5e 4ale4 o/ earl. :0=000 o1ile4 i a /e% 5o6r4" Coti6i' t5eir a44ociatio= Moto = a A&roi& Sart-5oe= %a4 itro&6ce& o Marc5 #," O Ma. #=Moto E%a4 la6c5e& at t5e 4ae 4ite tri''eri' t5e 4ae re4-o4e" Coti6i' t5i4 46cce44 4tor. Fli-$art i a tie 6- %it5 iaoi Tec5itro&6ce& iaoi Mi o it4 -lat/or" I t5e /ir4t -5a4e o::& 6l. all t5e -5oe4 %ere 4ol& i 264t , i6te4 a& i t5e :& -5a4e o :,t5 6l. t5e 4ol& o6t %a4 co-lete i ol. * 4eco&4" O *t5 A6'64t t5e 4ale %a4 co-lete& i 264t : 4eco&4" T5i4 aa?i' re4-o4e a& 5.-er aia 5a4 5el-e& i 'i3i' Fli-$art a ie4e li/t 6-"
Pl+# '* !# M%9#'* $'? o2 Fl'79% Fli-$art /6ctio4 etirel. i I&ia a& it 5a4 it4 5ea&>6arter4 i t5e Gar&e Cit. o/ Ba'alore i Karata$a" It i4 o%e& 1. a Si'a-ore 1a4e& co-a. a& i4 re'i4tere& o3er t5ere" Accor&i' to I&ia4 /orei' -olic.= a /orei' co-a. i4 ot allo%e& e+ retaili' o3er 5ere" T5ere/ore= i I&ia= Fli-$art 4ell4 t5e erc5a&i4e4 t5ro6'5 a I&ia co-a. WS Retail" Fli-$art al4o -ro3i&e4 it4 o% -lat/or to ot5er co-aie4 %5o are itere4te& i 4elli' t5eir 'oo&4" T5e %e14ite i4 3er. ea4. a& 5a44le /ree" Bro%4i'= $ee-i' trac$ o/ -ro&6ct4= 'etti' re3ie%4= or&eri' 'oo&4 a& -a.et et5o&4 are 3er. co3eiet /or t5e i&i3i&6al4"
At /ir4t Fli-$art 4tarte& it4 o-eratio4 o t5e co4i'et o&el i %5ic5 t5e. -er4oall. 1o6'5t t5e 1oo$ a& co6riere& it" Later t5e. o-ee& a. %are5o64e4 %5ere t5e 'oo&4 %ere 4tore& 4a/el." T5e /ir4t %are5o64e %a4 o-ee& i Ba'alore a& later i Del5i= M61ai= C5eai= H.&era1a&= P6e= Noi&a a& Kol$ata" A4 o/ to&a.= ore t5a /i3e 56&re& 46--lier4 are %or$i' /or Fli-$art" At lea4t <0 o/ t5e or&er4 -lace& are 5a&le& a& cotrolle& 3ia %are5o64e4" S5i--i' co-aie4 a& co6rier co-aie4 are t5e real e&iator4 i t5i4 4et6-" T5e >6ic$ a& %ell+or'ai?e& 4er3ice i4 t5e rea4o %5. t5e co-a. 5a4 1ee a1le to -6t it4
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ar$ o t5e I&ia ar$et" T5eir &eli3er. et%or$ i4 4-rea& o3er t5irt.+4e3e citie4 %it5 &eli3er. 1ei' -o44i1le i a. oo$ a& corer"
Price in the %arketing mi! of #lipkart Though #lipkart started its venture with an investment of just I&' ()),))), today its net worth is nearly *billion dollars as its sales are increasing day by day. It still earns revenue of +) from selling books online.-lectronic commerce has become a huge hit because of #lipkart. Its price policy is very e!ible because of online transactions. /mount to be charged is determined after looking at the innumerable e!penses like transport e!penses, supplier e!penses, packaging costs, courier charges, shipping cost, o0ce e!penses, maintenance e!penses, discount allowances, depreciation, ta!es, advertisement e!penses and many other e!penses. Di4co6t4 6- to * are allo%e& -erio&icall. to 1oo4t 6- t5e 4ale4 a& aitai co-etiti3e -rice4" For -a.et4= Fli-$art allo%4 cre&it car& tra4actio4= ca45 -a.et a/ter &eli3er.= tra4actio t5ro6'5 &e1it car&= 1. 4%i-i' car& o &eli3er.= 3o6c5er4 a3aila1le a4 e+'i/t a& et 1a$i'"
Promotions in the %arketing mi! of #lipkart #lipkart has changed the concept of multi brand retailing of products through internet in India. Its huge success has proved to be an inspiration for other companies. It operates mostly through mouth advertising. The satis1ed customers have been their best promoters. To have a 1rm grip on the online world #lipkart has used the services of Google /dwords and 2-3. These marketing tools have made them household names. 4ownloading the e!clusive app of #lipkart helps in getting alerts about the current o5ers, order status, price drops, recent launches and various gift coupons. Fli-$art 5a4 al4o ta$e t5e 5el- o/ creati3e a& itere4ti' a&3erti4eet4 4o t5at a a%aree44 a& tr64t i4 'eerate& /or t5eir %e14ite ao'4t t5e -eo-le" T5eir /ir4t ca-ai' %a4 45o% o TC %it5 t5e coce-t t5at 1oo$4 ca 1e &eli3ere& %it5 264t a 4i'le clic$" Recetl. a a& 5a4 1ee la6c5e& to icrea4e t5e 4ocial 3i4i1ilit. %5ere t5e ta' lie i4 No Ki&&i' No Worrie4" Traie& i&i3i&6al4 are 5ire& to /6l/ill t5eir re4-o4i1ilitie4 a&e>6atel." T5e 4.4teatic -lai' a& le3el o/ e//ort 6&erta$e to reac5 46c5 5ei'5t4 i4 coe&a1le"
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2*IPKART BE)AME BIG BRAND USING DIGITA* MARKETING STRATEGIES
C64toer +Relatio T5e c64toer i4 i/ore& at e3er. 4te- t5ro6'5 eailte8t W5e t5e or&er 5a4 1ee co/ire& or&er 46ar. 45i-et &etail trac$er i/oratio are -ro3i&e&" Strai'5t/or%ar& Ret6r a& E8c5a'e -olicie4 Fli-$art allo%4 it4 64er4 to ret6r t5e -ro&6ct i/ 64ati4/ie& %it5i 0 &a.4 -erio& %it5 t5e /6ll re/6& o/ oe. or e8c5a'e /or aot5er -ro&6ct" Fli-$art Wallet A&& Moe. E2o. a Ha44le+Free S5o--i' e8-eriece" T5e Wallet i4 a Pre-ai& I4tr6et t5at ea1le4 .o6 to 45o- o Fli-$art 6lti-le tie4 1. a$i' oe+ tie -a.et o/ a certai 3al6e" T5i4 %ill 1e a&&e& .o6r %allet a4 -re-ai& 1alace" W5e .o6 Select t5e Wallet a4 t5e o&e o/ Pa.et /or .o6r t5e corre4-o&i' ao6t %ill 1e &e&6cte& /ro .o6r %allet 1alace" FLIPKART@COM BUSINESS OB>ECTI.ES
To icrea4e Tra//ic a& 1oo4t 4ale4 a& re3e6e t5ro6'5 ite'ratio o/ Mo1ile A--4= Di4-la.= Pa. Per Clic$ a& Searc5 E'ie O-tii?atio" STRATEGY ADOPTED Google /d words
PPC Searc5 a& Cate'or. 1a4e& te8t a&4" Di4-la. Pro&6ct4 o//er4 1a4e& a& ia'e4" Gail Cotet To-ic 1a4e& Te8t a&4" Ke.%or& Tar'ete& FLIPKART" Pai& a& ra$ 9 or ;" O3erall Pai& Searc5 Per/orace Goo&" 'emarketing
Rear$eti' acti3ate4 i/ c64toer 3i4it 4ite a& Clic$4 a. &i4-la. Searc5 a&"
1= P a g e
2uccessful 6rand 7ampaigns
Fair Tale No Ki&&i'= No Worrie4 S5o--i' $a Na.a A&&re44 S5o- A.tie= A.%5ere Bi' Billio Da. = Si'le4 Da. " T8 7ommercial 2trategy
#"
T5e o12ecti3e i4 to 16il& t5e 1ra& a4 a 3er1 /or S5o--i'"
:" Tar'et Bi''e4t e3et o/ t5e .ear i"e IPL T:0 :0#7 " Total :, a&4 relea4e& Sice :0## 7" Portra.i' Ki&4 a4 A&6lt4 i a&4 'i3e4 5i'5er 1ra& recall" *" A&4 Tar'ete& a4 Pa I&ia S5o--er4 o/ all 'eeratio" 9" A&4 aie& to Po-6lari?e t5e 1ra& a4 a 3er1" ;" Te4tioial 1a4e& Creati3e Ca-ai'4 to &e.4ti/. t5e /ear o/ Olie S5o--i' e8-eriece" <" Mo1ile A-- &o%loa&4 T a& to icrea4e +coerce al6e" ," La6c5i' Ca-ai'4 i"e T5e Bi' Billio Da. #acebook 2trategy
#" Cate'or. Foc64e& FB -a'e i"e 1oo$4= 'ai'= /a45io etc= %5ic5 i4 /or 16il&i' e'a'eet %it5 /a4" :" Deal4 a& O//er4 1a4e& FB Pa'e %5ic5 i4 /or c64toer ac>6i4itio" " Li$e4+ " illio 7" Sea4o4 to Fe4ti3al4 or Birt5&a. 1a4e& Co3er P5oto4" *" U-&ate4 o e% Pro&6ct4 a& C64toer >6erie4"
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9" Re4-o4e o c64toer Co-lait i4 a3era'e a& Ico4i4tet" ;" R6i' Cote4t4 Gai/icatio" <" E8cl64i3e c64toer ta1 /or 46--ort" ," A3' Re4-o4e -er Po4t 70+*0 #0" Foc64 i4 o C64toer ac>6i4itio a& e'a'eet" Twitter 2trategy
#" Follo%er +#90 K :" U-&ate4 o e% Pro&6ct= O//er4 a& Di4co6t4 64i' a--eali' i&eo4 a& Ia'e4" " Tec5 Fli-$art e8cl64i3e c5ael o tec5 6-&ate4" 7" R6i' Pro&6ct Ser3ice4 1a4e& cote4t Li$e Fli-$art Fir4t= AcerA# o Fli-$art" *" A3' :+ Pro&6ct4 o//er4 la6c5 1a4e& -o4t -er &a. 1a4i4" 9" Fli-$art S6--ort E8cl64i3e C5ael o >6erie4 Sol6tio" ;" Fli-$art O//er4 S-ecial o//er4 1a4e& c5ael" <" :7; C64toer Ser3ice C5ael" ," Real+tie Coect" #0" Re4-o4e o t5e >6er. i4 o real tie"
9ouTube 2trategy
#" It &oe4 ot 5a3e it4 o% c5ael" :" It E8ec6te4 lot4 o/ Jo6T61e Ca-ai'4" i"e" Searc5 Pa'e= Di4-la. a&= i&eo a& etc" " Total :, i&eo4 U-loa&e&" 7" Total i&eo ie%4+ #"7 illio
Pinterest 2trategy
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#" Deal4 O//er4 1a4e& Pitere4t" :" < Boar&4 a& :,0 Follo%er4" Google : 2trategy
#" Follo%er4+ *00 $ :" #+: Po4t o Per &a. 1a4i4" " Le44 /oc64 o &eal4 o//er4" 7" More /oc64 o Co-a. U-&ate4= Pro&6ct La6c5 U-&ate4 1e4i&e4= Fe4ti3e 4ea4oc64toer oo& 1a4e& -o4t4" *" Foc64 i4 o ore o e'a'eet a& 1ra& 16il&i' rat5er c64toer ac>6i4itio" 9" Iteractio E'a'eet %it5 t5e /ollo%er i4 t5e area o/ i-ro3eet" 7ontent %arketing 2trategy
#" It 5a4 it4 o% O//icial Blo'" :" Blo' -a'e 'i3e4 6-&ate4 a1o6t co-a.= i&64tr.= tec5 etc" " It 5a4 it4 o% 6i>6e tec5+/oc64e& 1lo' too" 7" PR relea4e -a'e al4o e8i4t4" *" PR relea4e a1o6t co-a. i/o= e3et4= e8cl64i3e -ro&6ct 4er3ice 6-&ate4" %obile %arketing 2trategy
#" Mo1ile O-tii?e& %e14ite i4 a3aila1le" :" Mo1ile a-- o all Plat/or4( iOS= A&roi&= Wi&o%4) " * Millio &o%loa&4= 7" rati'= re4-o&i' to eac5 e'ati3e re3ie%" 7" :* 4ale4 3ia o1ile" *" Ca-ai'4 aii' to%ar&4 Pro&6ct La6c5= Ac>6i4itio= E'a'eet a& retetio" 9" Mo1ile rear$eti' &oe4 ot 4ee to 1e Part o/ Strate'."
P a g e
;" Mo1ile Wee$e& o//er4 to tar'et re-eat P6rc5a4e" /0liate %arketing 2trategy
'. Ear 6- to #* /or eac5 P6rc5a4e o t5e %e14ite" +. Pa.et 3ia Gi/t o6c5er a& EFT O-tio4" (. Re/erral Pa.o6t /or eac5 ot5Cate'or. i4 Co6icate&" &. Pa.et a&e 7* &a.4 a/ter t5e ot5 o/ Sale" $. A/ter lo%er Coi44io Co-are& to Co-etitio" #. ario64 re-ort4 are relea4e& to 5el- A//iliate4" 6rand /ssociation and /c$uisition
#" Fli-$art OL 2oit Mar$eti' Ca-ai'" :" Fli-$art Ac>6ire& M.tra+ Olie Fa45io Portal" " Tie U-4 /or E8cl64i3e Electroic La6c5e4 i"e ioi= MSI 'ai' La-to-4= Sa46' Gala8. 4* ii= MOTO G etc" 7" Recetl.= Co-a. 5a4 tie& 6- %it5 4-ice /or e8cl64i3e La6c5 o/ t5eir A&roi& Oe+1a4e& lo%+co4t P5oe" '-2; ?ebsite 'ank
Goo'le Pa'e Ra$ 9#0 Ale8a We14ite Worl& Ra$ +V#0, Dail. Pa'e ie%4+ #0"# illio Loa& S-ee& 4ec Bac$li$4 #::#7 U4er Iter/ace er. Goo& Ale8a Site Na3i'atio Rati' 7"**
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LITERATURE RE.IE8 Fli-$art i4 a co-a. %5ic5 re3ol6tioi4e& t5e e+coerce 4ector o/ I&ia a& i a a14ol6te 4e4e it etail4 o itro&6ctio a4 46c5" T5e .ear :00; %ite44e& t5e la&ar$ o/ Fli-$art 1ei' /o6&e& 1. t%o e-lo.ee4 o/ Aa?o"co Scin Bns" n1 Binny Bns" (t5e t%o are ot relate&= t5e coo 46rae i4 erel. a 1ea6ti/6l a& co/64i' coici&ece)" T5e t%o 4t6&ie& to'et5er i oe o/ t5e o4t re-6te& tec5ical i4tit6te4 o/ Natio t5at i4 IIT Del5i a& /6rt5er %or$e& i Aa?o= t5e iteratioal 'iat o/ e+coerce"
;)NN < +%'% < SA)HIN BANSA*= A 4i-le &e4ire to create a tailor+a&e -ro&6ct /or t5e I&ia co46er 5a4 'ro% ito 4oet5i' 1e.o& %5at %e ia'ie&" Scin 64e4" Ho%e3er= it4 -rett. itere4ti' to $o% t5at Fli-$art %a4 46--o4e& to 1e a co-ari4o -ortal /or e+coerce 4ite4" B6t t5e t5e /o6&er4 reali?e& t5at t5ere %eret eo6'5 e+coerce 4ite4 to 1e co-are& A& 5ece it 4-ar$e& t5at %5. ot a e+coerce 4ite it4el/T5i4 i4 5o% Fli-$art cae ito e8i4tece" Wit5i t5i4 45ort 4-a o/ * .ear4 (:00; to :0#:) Fli-$art 5a4 'ro% tree&o64l." Oe o/ t5e o4t i4-iri' a& a64i' /act4 a1o6t Fli-$art i4 t5at it %a4 4tarte& o a -er4oal i3e4tet o/ erel. INR 7=00=000 (t5o6'5 4oe 4o6rce4 clai it to 1e INR *=00=000)" It clearl. e85i1it4 t5e co/i&ece o/ t5e /o6&er4 a& e8-re44e4 t5at t5e.
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$e% %5at t5e. %ere &oi'"W5e %e 4tarte& e+coerce= it %a4 a &ea& 4ector= %e %et to C4 a& e3er.1o&. 4ai& 1a4icall.= t5i4 i4 ot t5e 4ector %e i3e4t i" I/ .o6 o-e a tra3el co-a.= I %ill -ro1a1l. 'i3e .o6 oe." Sai& Binny Bns" i a iter3ie% %it5 CNN" Gr!3t !: 2"i8rt6 ;Scin Bns"> )EO !: 2"i8rt> IANS= We are cloc$i' &ail. 4ale4 o/ R4":"* crore ( * )" O6r 'ro%t5 rate 5a4 1ee #00 -er cet >6arter o >6arter="T5i4 /iacial .ear= t5e. e8-ect to 45o% i3e4tor4 R4 :=*00 crore i re3e6e4= a 700 -ercet 'ro%t5 o3er la4t .ear4 61er4" Nearl. *=000 -eo-le= icl6&i' cotractor4= %or$ /or t5e" T5eir clo4e4t co-etitor4 a$e &o %it5 ;00+<00 -eo-le"I t5e BSE (Bo1a. Stoc$ E8c5a'e) li4t o/ MID CAP Co-aie4 Mar$et Ca-itali4atio %e ca li4t t5o4e BELOW 7*0 o&& crore4 a4 a co-ari4o= 4ice Fli-$art i4 3al6e& at #B"I 4i-le la'6a'e Fli-$art i4 ore 3al6a1le t5a Pati= Bata I&ia= Tata= Tele= a6$ri"co= I&ia16ll4= Real E4tate= UT So/t%are= ET AIRWAJS= HT Me&ia (Hi&64ta Tie4)= 61ilat (Doio4 Frac5i4ee i I&ia)= S5o--er4 Sto-= EDUCOMP= I&ia I/olie= DENA Ba$= a& T#< to ae 264t a /e%" T5e4e %ere a /e% /i'6re4= &ata a& /act4 %5ic5 a$e 64 reali?e t5e %ort5 o/ Fli-$art a& 5o% it i/late& to 1ecoe I&ia4 1e4t e+coerce 4ite %it5i a i64c6le -erio& o/ /i3e .ear4" It4 i/l6ece a& 'ri- i t5e I&ia ar$et i4 /orti/ie& 1. t5e e%4 t5at it4 t5e ol. t5reat to Aa?o to 4et a 1a4e i I&ia" ;SA)HIN BANSA*> 2*IPKART>+%'%> )NNX La4t .ear= %e &i& a1o6t USD #00 illio i 4ale4" Ca %e 1e -ro/ita1le at USD #00 illio o/ 4ale4 Je4= &e/iitel.= it i4 a -rett. &ecet ao6t o/ 4ale4" B6t %5at &o %e %at to 1e We %at to 1e -ro/ita1le at USD : 1illio o/ 4ale4 or USD 1illio o/ 4ale4" T5at i4 %5ere %e %at to t6r -ro/ita1le" We 4ee ar$et 4i?e at t5at le3el= 4o it %ill -ro1a1l. 1e 3er. 4t6-i& o/ 64 to 1e t5i$i' a1o6t -ro/ita1ilit. at 46c5 4all 4cale"
Se3eral re4earc5er4 5a3e carrie& o6t 4t6&ie4 i t5eir e//ort to e8aie co46er4 olie 16.i' 1e5a3ior" For e8a-le= Be""mn et " ?'@@@ i3e4ti'ate& 3ario64 -re&ictor4 /o r%5et5er a i&i3i&6al %ill -6rc5a4e olie" T5e4e a6t5or4 cocl6&e& t5at &eo'ra-5ic 3aria1le4= 46c5 a4 icoe= e&6catio a& a'e= 5a3e a o&e4t i-act o t5e &eci4io o/ %5et5er to 16. olie= %5erea4 t5e o4t i-ortat &eteriat o/ olie 45o--i' %a4 -re3io64 1e5a3ior= 46c5 a4 earlier olie -6rc5a4e4" T5i4 i4 co4i4tet %it5 Forre4ter Re4earc5 %5ic5 -ro3e& t5at &eo'ra-5ic /actor4 &o ot 5a3e 46c5 a 5i'5 i/l6ece o tec5olo'. a4 t5e co46er4 attit6&e4 &o ?M!1"> +%%%" Stein:ie"1 n1 7itten ?'@@@ 46''e4te& t5at t5e co1iatio o/ t5e Iteret= -l64 -5.4ical -re4ece= -ro3i&e4 ore o--ort6itie4 to ca-t6re 164ie44 t5a t5e olie+ ol. -re4ece= 1eca64e t5e. ca -ro3i&e 1etter -re-6rc5a4e a& -o4t4ale4 4er3ice4 to lo%er co 46er tra4actio co4t a& 16il& tr64t i olie 4tore4"Ho%e3er= it i4 %ort5 etioi' t5at 1elie/4 a& attit6&e4 t5at are /o6& i t5e 4ta'e -rior to t5e a&o-tio o/ e+coerce are &i//eret to t5o4e i t5e Y-o4t+a&o-tio‖ st/e ?Ge:en et">+%%(< entes n1 Br!3n> +%%'< Yu et "> +%%$.
5 P a g e
Coceri' t5e /actor4 t5at i/l6ece or 5i&er olie 45o--i'= Ernst n1 Y!un/ ?+%%% re-orte& t5at Iteret 64er4 -6rc5a4e& olie 1eca64e o/ 'oo& -ro&6ct 4electio= co-etiti3e -rice4= a& ea4e o/ 64e= 16t %ere cocere& a1o6t 45i--i' co4t4= lac$ o/ o--ort6it. to -rior e8aii' t5e -ro&6ct4= a4 %ell a4= t5e co/i&etialit. o/ cre&it car& a& -er4oal i/oratio" Ko% a& *ee ?+%%( e8-lore& co46er4 cocer4 a1o6t -a.et 4ec6rit. a& it4 relatio45i- to olie 45o--i' attit6&e a& act6al -6rc5a4e4" Co46er4 %it5 a -o4iti3e attit6&e 4ee to 1e le44 cocere& a1o6t -a.et 4ec6rit." Siilarl.= -o-6lar literat6re cite& ea4e o/ 45o--i' co-ari4o= lo% -rice4= tiel. &eli3er.= co3eiece= tie 4a3i'= lo% 45i--i' co4t4= i-ro3e& c64toer 4er3ice= ta8 e8e-t 4tat64 a& 4-ee&. e+ail re4-o4e= a4 $e. rea4o4 /or t5e icrea4e i olie 45o--i' ?*!re> +%%(< M/ee> +%%(< M"!y> +%%(< Reti" Mercn1iser> +%%( )"
" 3 T 6 / ' G / I & 2 > T I P 2 T 3 # I G ; ' - 3 ; T T ' / P 2 # ' 3 % T " - ' - / < 8 / < ; - 4 - / < 2 SUSHMITA )HOUDHURY AGAR7A*> ET Bureu A8r ++> +%'( ?Te Ec!n!mic Times Bar'ai= 5ot &eal= 4teal""" e3er. &a. co46er4 are 1o1ar&e& %it5 56&re&4 o/ 4eei'l. -roi4i' o//er4" Ho%e3er= ot e3er. 3al6e 16. 4a3e4 oe.@ 4oe ca 1e co4tl. i4ta$e4"Here4 5o% to /i'6re o6t t5e tra- /ro t5e real &eal" It4 a 'reat %a. to 4a3e o itere4t= -artic6larl. i/ .o6 aret $ee o -a.i' t5e 5i'5 rate /or re3ol3i' cre&it %it5 .o6r e8i4ti' car&" Ho%e3er= 1e %are& t5at 46c5 a tea4er &eal i4 t.-icall. te-orar." I/ .o6 &ot -a. t5e o6t4ta&i' ao6t %it5i t5e o//er -erio&= .o6 %ill 1e -eali?e& %it5 a 5i'5er itere4t rate= -o44i1l. ore t5a t5e oe o .o6r ol& cre&it car&"
ZM)ensy9+%'+= T5e I&ia e+coerce ar$et %a4 %ort5 ;*=000 crore= i :0#= accor&i' to a 2oit re-ort 1. KPMG a& Iteret a& Mo1ile A44ociatio o/ I&ia" I&ia 5a4 t5e -otetial to &o61le it4 ecooic cotri16tio 3ia Iteret= /ro #"9 -ercet GDP at -re4et to :"< a& " -ercet 1. :0#*" ;R!0erts> 7""ce> M!"es +%%(> +%'%= A 6&er4ta&i' o/ er'er4 a& ac>6i4itio4 a4 a &i4ci-lie i4 icrea4i'l. i-ortat i o&er 164ie44" A 'lace at a. 164ie44 e%4-a-er or 164ie44 e%4 %e1 -a'e %ill i&icate t5at er'er4 a& ac>6i4itio4 are 1i' 164ie44 a& are ta$i' -lace all t5e tie" ;BnerCee G!"r> '@@(< Rmmurty et ".> '@@@< 7e0ster> '@@$= = ;Ds/u8t et ".> '@@@= = ;u et ".> +%%+=> Co-etiti3e -re446re 5a4 1ee i&eti/ie& t5ro6'5 6ero64 4t6&ie4 a4 a i-ortat &eteriat o/ IT a&o-tio= %5et5er it i4 EDI &i//64io a&o-tio o/ IT io3atio4 ZGati'o Ro1ert4o= #,<,@ Gro3er= #,,X= &e'ree o/ co-6teri?atio or e+ 164ie44 a&o-tio" O6t4ta&i' -lai' a& e8ec6tio are e44etial /or a 46cce44/6l 4trate'ic alliace" Ite'ratio i4 reac5e& ol. a/ter a--i' t5e -roce44 a& i446e4 o/ t5e co-aie4 to 1e Fli-$art + M.tra@ Fro a Mer'er to a Ac>6i4itio ; er'e&" E3e t5e 264t : o/ all ac>6i4itio4 ear t5eir co4t o/ ca-ital" W5e MA &eal4 are ao6ce&= a co-a.4 4toc$ -rice ri4e4 ol. 0 o/ t5e tie" I ac>6ire& co-aie4= 7; o/ e8ec6ti3e4 lea3e %it5i t5e
6 P a g e
/ir4t .ear= a& ;* lea3e %it5i t5e /ir4t t5ree .ear4" S.er'ie4 -ro2ecte& /or MA &eal4 are ot ac5ie3e& ;0 o/ t5e tie" Pro&6cti3it. o/ er'e& co-aie4 ca 1e a//ecte& 1. 6- to *0 i t5e /ir4t .ear a& /iacial -er/orace o/ e%l. er'e& co-aie4 i4 o/te lac$i' ;Prctic" /ui1e :!r Mer/er n1 Ac5uisiti!n> +%%@= " ;De1ric Kremer> +%%+< Stur/e!n> +%%+= U4i' t5e Iteret /or tra4actio4 a& coor&iatio ca 4a3e tie a& oe. o &eli3er. o/ 'oo&4 1. 64i' ric5 i/oratio /lo%4 to 4i-li/. a& 4trealie t5e /lo%4 o/ -5.4ical 'oo&4 i t5e 46--l. c5ai" Fiall.= /ir4 t5at 16. a& 4ell i iteratioal ar$et4 are 6&er -re446re /ro tra&i' -arter4 to a&o-t e+ coerce (e4-eciall. B:B) to i-ro3e coor&iatio %it5 ot5er e1er4 o/ t5e 3al6e c5ai" S614e>6etl. I&ia e+coerce 5a4 'ro% at a 4%i/t -ace i t5e la4t * .ear4 /ro aro6& #* 1illio re3e6e4 i :00;+:00< to #, 1illio i :0#:+:0#= tra4lati' ito a co-o6& a6al 'ro%t5 rate ZCAGRX o/ o3er *9 -ercet ZCRISIL= :0#7X" Oe o/ t5e 1i''e4t ae4 i t5e Olie Retail I&64tr. a& a lea&i' e+Coerce -la.er i t5e Co6tr.@ Fo6&e& 1. Scin Bns" Binny Bns" in Bn/"!re> Krnt in +%%F "W5ic5 %a4 4tarte& %it5 iitial ca-ital o/ 7 la$5 cotri16te& 1. t5e /o6&er4= %are5o64e4= o//ice4 a& &eli3er. ceter4 acro44 I&ia" Wit5 o3er #;"* illio 1oo$ title4 li4te&= #9 &i//eret cate'orie4= ore t5a 7 illio re'i4tere& 64er4 a& 4ale o/ **000 ite4 a &a. t5eir o-eratio4 are 4i-l. 56'e" Ha& <900 e-lo.ee4 till Dece1er :0#" Ha& a a44i3e re3e6e o/ aro6& 9=#00 Crore4 ;Rmn> +%'&=. O t5e ot5er 5a& I&ia4 lar'e4t /a45io e+retailer M.tra i4 aii' /or a 3al6atio o/ :=700 crore" ;McKinsey sur4ey !: $$& SMEs> +%'+= Lac$ o/ &i'ital a%aree44 Ol. * -ercet o/ 164ie44e4 i I&ia o//ere& olie 4er3ice4 46c5 a4 We1 -re4ece= co-are& %it5 a a3era'e o/ *9 -ercet i a4-iri' co6trie4" I a olie 46r3e. o/ I&ia4 SME4 i t5e or'ai?e& 4ector= t5e. cite& t5e lac$ o/ e&6catio o 64i' t5e Iteret a4 ao' t5e to- t5ree rea4o4 t5at -re3et co46er4 /ro 64i' t5e Iteret" ;Scin Bns"> )EO !: 2"i8rt> IANS>+%'+= ”We are cloc$i' &ail. 4ale4 o/ R4 :"* crore (* illio)" O6r 'ro%t5 rate 5a4 1ee #00 -er cet >6arter o >6arter= ;Nn/i> IANS>+%'+= Ri'5t /ro 1ro%4i' to &eli3er.= .o6 ca trac$ .o6r or&er" Jo6 ca -re+or&er a 6relea4e& 1oo$= 'et 'oo& -rice4= e3e t5e c64toer 4er3ice i4 3er. 4tro'" Rai4e a. i446e= it4 e//icietl. re4ol3e&=" ;Bri> IANS>+%'+ = No= 1elie3e4 A62 Ba5ri o/ Ba5ri4o4" T5ere4 a 56'e ar$et /or e3er.oe to co+e8i4t" Be4i&e4= Fli-$art4 ar$et i4 totall. &i//eret= .o6' -eo-le o/ :0+:* a'e 'ro6- 16. 1oo$4 /ro t5e" Soe <0 -er cet o/ t5eir 164ie44 i4 c5ic literat6re" T5e ore 4e4i1le a& at6re rea&er4 %ill al%a.4 'o to a 1oo$4tore=" T3eets 0!ut 2"i8rt
Fli-$art 4ta.4 coecte& %it5 it4 64er4 3ia t%itter= t5e. a4%er o4t o/ t5e >6erie4 -6t 6- 1. t5eir c64toer4 a& care/6ll. e3al6ate all t5e 46''e4tio4 %5ic5 %ere -o4te& i t5e t%itter
; P a g e
%5ic5 $ee-4 t5e c64toer4 5a--. a& i t6r $ee- t5e aa'eet o/ Fli-$art 5a--." Soe o/ t5e t%eet4 are 45o% 1elo%
< P a g e
Reserc Met!1!"!/y Reserc O0Cecti4es
[ [
To 4t6&. t5e a&3erti4i' 4trate'ie4 64e& 1. Fli-$art" To aal.?e t5e /actor4 a& t5eir e//ect o t5e co46er4 i AMITJ UNIERSITJ= HARJANA" Reserc Desi/n
T5e re4earc5 &e4i' i4 &e4cri-ti3e i at6re" Sm8"e Desi/n Po-6latio All co46er4 o/ Fli-$art Sa-li' Frae Co46er4 i AMITJ Sa-le Si?e #*0 (Male ,0= Feale 90)
Sa-li' tec5i>6e No+-ro1a1ilit. 4a-li'= Co3eiece Sa-li' Locatio AMITJ UNIERSITJ= HARJANA D6ratio %ee$4 Data Collectio et5o& S6r3e. a& Geeral O14er3atio4 I4tr6et Q6e4tioaire Data Collectio Priar. &ata collecte& %it5 t5e 5el- o/ 46r3e. co&6cte& o AMITJ UNIERSITJ= HARJANA co46er4 64i' a >6e4tioaire" Seco&ar. &ata -re4et o t5e %e14ite4"
= P a g e
'esearch Plan Stu1y !: A14ertisin/ strte/ies use1 0y 2"i8rt t! 8!siti!n itse": m!n/ )!nsumers !: AMITY UNIERSITY> HARYANA
Desi/nin/ te 5uesti!nnire
)!""ecti!n !: 8rimry 1t
An"ysis n1 Inter8retti!n !: 1t
2in1in/s
30 P a g e
Sec!n1ry Dt An"ysis6 A14ertisements Use1 in Ne3s88ers n1 M/ines6
Ne%4-a-er a&3erti4i' %or$4 o t5e /6&aetal o/ 16il&i' tr64t a& co/i&ece %it5 t5e rea&er4" Ne%4-a-er4 5a3e t5e 'reate4t i-act 1eca64e o/ t5e /ollo%i' rea4o4 #" E8-ert4 4a. t5e 'reater t5e e8-o46re o/ t5e a&3erti4eet= t5e lo'er i4 t5e -erio& o/ it4 i-act ao' t5e rea&er4" T5ere/ore e8-ert4 /eel i/ a a&3erti4eet 4ta.4 i t5e eor. o/ a co46er /or a lo'er tie= c5ace4 are >6ite -ro1a1le t5at 5e i'5t o-t /or -6rc5a4i' or a3aili' .o6r 4er3ice4 a4 a& %5e re>6ire&" T5i4 co6t4 /or 5i'5er 4ale4 a& 1ra& a%aree44" :" A e%4-a-er rea&er i4 4o i3ol3e& i 5i4 rea&i' t5at 4oetie4 t5e cotet i t5e a&3erti4eet4 create4 a eotioal i-act o 5i" It i4 t5i4 -o%er o/ 1ei' a1le to e3o$e a eotioal re4-o4e %it5 t5e rea&er t5at 'oe4 i /a3or o/ e%4-a-er a&3erti4i'" " I ot5er e&ia= e4-eciall. olie e&ia= -eo-le 'et -ert6r1e& 1. t5e &i4tractio4 i t5e /or o/ -o-+6-4 a& ot5er a&3erti4eet /or4 t5at $ee- /la45i' o a& o// t5e 4cree" I /act e8-ert4 -oit4 o6t t5at i4tea& o/ 5a3i' a. /a3ora1le i-act= t5e4e a&4 4er3e to &i4tract t5e rea&er4" Ho%e3er e%4-a-er4= -oit o6t e8-ert4= i3ol3e4 a /oc64e& rea&i' %5ere t5ere are o &i4t6r1i' a& 6%ate& /la45e4 o/ a&3erti4eet4" A4 t5ere i4 o &i4tace 1et%ee t5e rea&er a& t5e 4tor. it 4ee4 t5at t5e rea&er act6all. 6&er'oe4 all t5e eotio4 i t5e 4tor. 5i4el/= lea&i' to icrea4e i t5e tr64t /actor" Ta$i' a&3ata'e o/ t5i4 tr64t >6otiet= a&3erti4er4 ca45 o e%4-a-er4 to 4e& t5eir e44a'e4 lo6& a& clear ao' t5e rea&er4" Hece= Fli-$art 5a4 64e& a&3erti4eet4 i e%4-a-er4 a& a'a?ie4 %5ic5 are color/6l= 1ri'5t@ o4t o/ t5e ia'e4 co4i4t o/ $i&4= a& 5a3e clear e44a'e4" Here are 4oe o/ t5e a&3er
PRIMARY DATA ANA*YSIS AND INTREPRETATIONS6
Num0er !: Res8!n1ents n1 teir 1istri0uti!n6
A)
@)
%/<-
#-%/<-
We too$ a 46r3e. o/ #*0 re4-o&et4= %5ere 61er o/ /eale %a4 90 a& t5at o/ ale %ere ,0" T5e4e co46er4 %ere o/ AMITJ UNIERSITJ= HARJANA"
'. H!3 !:ten 1! y!u 8urcse :r!m 2"i8rt
Al%a.4++O/te++Occa4ioall.+++Rarel.++Ne3er
C+ C)
CC BD
B+ B* B)
*@
B) %/<-
*+
*+
#-%/<*)
*)
+
+ ) //92
3#T-&
377/2I3&/<<9
'/'-<9
) ) &-8-'
Fre>6ec. o/ -6rc5a4e &oe 1. Male i4 5i'5er i co-ari4o to /eale" Mo4t o/ t5e ale co46er4 -6rc5a4e occa4ioall. %5ile o4t o/ t5e /eale co46er4 -6rc5a4e rarel. /ro Fli-$art"
+. H!3 1i1 y!u c!me t! n!3 0!ut 2"i8rt
a) Frie&4 1) Tele3i4io c) Ne%4-a-er4 a& Ma'a?ie4 &) A&3erti4eet4 o We14ite4 e) Ot5er4 i/ a. -lea4e S-eci/. !!!!!!
C!% T'l# A) +) () C) B)
A?'" T'l#
*) )
Inter8retti!n6 Mo4t o/ t5e co46er4 cae to $o% a1o6t Fli-$art t5ro6'5 /rie&4
/ollo%e& 1. tele3i4io a& olie a&3erti4eet4" T5i4 -ro3e4 t5at %or& o/ o6t5 4trate'. 1. Fli-$art i4 t5e o4t 46cce44/6l ea4 o/ a$i' -eo-le a%are a1o6t t5e a& t5eir -ro&6ct4" T5i4 46cce44 ca ol. 1e 'aie& t5ro6'5 4ati4/ie& c64toer4 %5o act a4 a&3ocate4 /or .o6r -ro&6ct4"
(. 7t cte/!ry !: 8r!1ucts 1! y!u 8urcse :r!m 2"i8rt
a) Boo$4 a& Statioar. 1) Electroic Ite4 c) Mo1ile a& acce44orie4 &) Healt5 a& Bea6t. -ro&6ct4 e) M64ic= o3ie4 a& -o4ter4 /) Caera4 ') Watc5e4 5) Clot5e4Foot%ear4 i) Mo4tl. e3er.t5i'
C+ C) B+ B) *+ *)
%/<-2 #-%/<-2
+ )
\ Male4 a& Feale4= 1ot5 -6rc5a4e e3er.t5i' ore o/ clot5e4 Acce44orie4" \ Male4 -re/er electroic a--liace4 a4 o1ile a& ot5er electroic4"
&. My :re5uency !: 8urcse s increse11ecrese1remine1 uncn/e1 since my :irst 8urcse
A)
+)
() %/<-
C)
#-%/<-
B)
*)
) I&7'-/2-4
4-7'-/2-4
'-%/I& ;&7"/&G-4
T5e /re>6ec. o/ -6rc5a4e /or o4t o/ t5e ale a& /eale co46er4 5a4 icrea4e& %5ile it 5a4 reaie& 6c5a'e& /or o4t o/ t5e co46er4"
$. I s!metimes 1!n9t 8urcse certin cte/!ry !: 8r!1ucts 0ecuse !: (a)Deli3er. tie (1) I cat to6c5 a& e8-eriece -ro&6ct olie (c) Re-laceet tie (&)
Price (e) Ha1it o/ -6rc5a4i' /ro o-e ar$et (/) Lac$ o/ ie&iate 4er3ice (') Lac$ o/ tr64t
2#$l#"
**
*(
A @
*B
4elivery Time
&o physical e!perience
'eplacement time
Price
"abit of oEine purchasing
lack of immediate service
lack of trust
C +
$l#" 4elivery Time &o physical e!perience
B)
B+
'eplacement time Price "abit of oEine purchasing
F
lack of immediate service
( +
D
B*
lack of trust
Deli3er. tie= ia1ilit. to to6c5 a& e8-eriece t5e -ro&6ct olie a& lac$ o/ tr64t are t5e a2or i-e&iet4 /or co46er4 o/ 1ot5 'e&er4 o &oi' olie 45o--i'" #. H!3 !:ten 1!es te 2"i8rt 8r!m!ti!n" sceme !n 3e0sites in:"uence y!u t! 4isit teir site
Al%a.4+++++O/te+++++Occa4ioall.+++++Rarel.+++++Ne3er
C+
C)
B+
B) %ale #emale
*+
*)
+
) always
often
occasionally
rarely
never
Prootioal 4c5ee4 i/l6ece ore ale co46er4 t5a /eale co46er4 to 3i4it t5e %e14ite o/ Fli-$art" T5e /re>6ec. o/ 3i4it i4 4till 3er. le44 a4 o4t o/ t5e ale co46er4 occa4ioall. 3i4it Fl-i$art %5ile ica4e o/ /eale co46er4 it i4 rare"
F. H!3 !:ten 1!es te 8r!1uct re4ie3 in:"uence y!ur 1ecisi!n
Al%a.4+++++O/te+++++Occa4ioall.+++++Rarel.+++++Ne3er
Ho o2#* o#" !# 7%o)+ %#'# '*)#*+# o)% #+'"'o*
()
C+
C)
B+
males
B)
females *+
*)
+
) always
often
occasionally
rarely
never
Male co46er4 ore o/te 'o t5ro6'5 t5e -ro&6ct re3ie% 1e/ore a$i' t5eir &eci4io to -6rc5a4e t5a /eale co46er4 %5o occa4ioall. rea& t5e -ro&6ct re3ie% 1e/ore ta$i' t5eir -6rc5a4e &eci4io" Pro&6ct re3ie% i4 a $i& o/ %or& o/ o6t5 4trate'. %5ere -ro&6ct 64er4 lea3e t5eir re3ie% o t5eir e8-eriece4 %it5 Fli-$art"
.
Kin1"y rte te im8!rtnce !: tese 8rmeters !n y!ur 0uyin/ 1ecisi!n
# (Lea4t i-ortat)+:++7+*(Mo4t i-ortat)
Ca45 o &eli3er. Door 4te- &eli3er. Q6alit. Re-laceet '6aratee Price&i4co6t4 Wi&e 3ariet. Pac$a'i' Deli3er. tie Ea4. to acce44
C!% T'l# B+ B) *+ *) + )
males
females
Alo4t all t5e /actor4 t5at Fli-$art i4 /oc64i' oto are o/ 5i'5 i-ortace to t5e co46er4 i AMITJ UNIERSITJ= HARJANA= %5ile -ac$a'i' a& %arrat. 5a3e a3era'e i-ortace i t5e &eci4io a$i' 1e/ore a. olie -6rc5a4e t5e. a$e" Hoe &eli3er. a& >6alit. o/ -ro&6ct 5a4 t5e a8i6 i-ortace %5ile -ac$a'i' 5a4 t5e lea4t i-ortace /or
t5e co46er4 1e/ore a$i' a -6rc5a4e"
@. 7ic e-reti" site 1! y!u 8re:er :r!m te :!""!3in/6 Am!n> 2"i8rt> Sn81e"> E0y> Pe88er:ry> Oters males
C+
females
BB *F *A *A *B F
@ D ( B
amaon
ipkart
snapdeal
ebay
pepperfry
*
others
Male4 a& Feale4 1ot5 -re/er 16.i' /ro Fli-$art a& t5e Aa?o!Sa-&eal""
10. "ow
fre$uently have you used the ecommerce website for getting information before shopping at a physical store Halways, often, neutral, rarely, never Product speci1cations Price comparison among products
P%o)+ "7#+'+'o* B+ B) *+ *) + ) always often neutral rarely never
P%'+# Co$7%'"'o* C) B+ B) *+ *) + ) always often neutral rarely never
LIM ITATIONS OF THE STUDY &o research is complete without admitting the limitations that was faced while conducting a study which will contribute to present learning. This study too like the others have certain constrains which has been discussed below. *. The study was restricted to 6angalore city only B. The study is mainly concentrated on #lipkart.com C. The sample of the sie will be limited to time and resources (. The information will be collected valid until there is no any technical change or any innovation +. The result is assuming that respondents have given accurate information
2in1in/s [
Fre>6ec. o/ -6rc5a4e i4 ore ao' Me" [
Wor& o/ o6t5 %a4 ore i/l6etial i -rootio a4 a. -eo-le %a4 a&e a%are 1. t5eir /rie&4"
[
Mo4t o/ t5e co46er4 are 4ati4/ie& %it5 t5e 4er3ice4 o/ /li-$art a& are %illi' to recoe& t5e to a$e -6rc5a4e4 /ro /li-$art"
[
E8ce-t -ac$a'i' a& %arrat.= all ot5er4 are co4i&ere& i-ortat i t5e &eci4io a$i' o/ olie -6rc5a4e4"
[
Alo4t all t5e /actor4 t5at Fli-$art i4 /oc64i' oto are o/ 5i'5 i-ortace to t5e co46er4 i AMITJ UNIERSITJ= HARJANA
[
T5e coercial4 64e& 1. Fli-$art are e//ecti3e eo6'5 to co3e. t5e e44a'e 4ice t5e a&4 are itere4ti' eo6'5 to 'ai attetio a& -o4itio it4el/ ito t5e -ro4-ect4 i&"
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BIB*IOGRAPHY
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WWW"WIKIPEDIA"COM WWW"JOUTUBE"COM WWW"THEHINDU"COM WWW"SCRIBD"COM Baer2ee= Se5aa. Dao&ar J" Gol5ar= EDI I-leetatio i IT a& No+IT Ma6/act6ri' Fir4 A Co-arati3e St6&. Iteratioal o6ral o/ O-eratio4
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Pro&6ctio Maa'eet= #= Marc5 #,, Da4'6-ta= S615a4i45= De3ra2 A'ar%al= At5o. Ioai&i4= S5at5i Go-ala$ri45a" Deteriat4 o/ I/oratio Tec5olo'. A&o-tio A E8te4io o/ E8i4ti' Mo&el4 to Fir4 i a De3elo-i' Co6tr.= o6ral o/ Glo1al I/oratio
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Maa'eet= ;= Marc5= #,,, Raa= Ca4e St6&. o/ a Eer'i' Giat i t5e olie %orl&+ FLIPKART= a6ar.=
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:0#7 M.ro Leoar& (2000) Mar$eti' Literat6re Re3ie%" o6ral o/ Mar$eti' A-ril
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:000= ol" 97= No" := --" #0,+#:#" Iteratioal o6ral o/ Maa'eet a& Iteratioal B64ie44 St6&ie4" ISSN ::;;+
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#;; ol6e 7= N61er # (:0#7)= --" ;#+<7 5tt-tec5"/ir4t-o4t"coe%4+aal.4i4/li-$art+ac>6ire4+olie+/a45io+ retailer.tra+/or+r4+:000+crore+::7##<"5tl 5tt-article4"ecooictie4"i&iatie4"co:0#7+07+
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#7e%47,#:9#]#]6$e45+1a4al+4ac5i+1a4al+/li-$art+a&+.tra 5tt-tie4o/i&ia"i&iatie4"co164ie44i&ia+164ie44Let4+er'e+Fli-$arttell4+
•
M.traarticle45o%:,*<:,9,"c4 WWW"IBNLIE"IN Aro6l&=E"" a& Walle&or/= M" YMar$et+oriete& Et5o'ra-5. Iter-retatio B6il&i' a& Mar$eti' Strate'. For6latio=‖ o6ral o/ Mar$eti' Re4earc5= ol" # (No3e1er #,,7)= --" 7<7
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A N A L J S I S
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O F
B E H A I O U R Aut!r6 DeCn Petr!4ic
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H O T
O N L I N E
B A R G A I N S
T R A P S SUSHMITA
C O N S U M E R
T I P S
F R O M T H E R E A L CHOUDHURY AGARWAL,
(The E!"!#$T$#e%&'
T O
F I G U R E
O U T
A L U E D E A L S ET Bureau Apr 22, 2013
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A44ael= Her." (#,<7") YBe5a3ior a& Mar$et Actio‖ " Bo4to= Ma44ac564ett4 Ket P61li45i' Co-a.= Belc5= G"E"= Belc5= M"A" (:00#)" A&3erti4i' a& Prootio
A
ite'rate&Mar$eti' Co6icatio4 Per4-ecti3e (*t5 e&")" Bo4to Ir%iMcGra%+ •
Hill" Coo-er= Doal& R" a& Sc5i&ler = Paela S" (#,,,)= B64ie44 Re4earc5 Met5o&4=
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9Tata McGra%+Hill P61li45i' Co-a. Liite&= Ne% Del5i= I&ia" Cre4%ell= " W" (:00)" YRe4earc5 De4i' Q6alitati3e= Q6atitati3e= a&
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Mi8e&Met5o&4 A--roac5e4‖ " T5o64a& Oa$4= CA= Sa'e" Ea4ter1.+Sit5= M"= T5or-e= R" Lo%e= A" (:00:)= Maa'eet Re4earc5
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:&e&itio= Lo&o Sa'e" Ree.i= D"= Willia4= B"= Moe.= A" a& S%art?= E" (#,,<)= YDoi' Re4earc5 iB64ie44 a& Maa'eet‖ = Sa'e P61licatio4= Lo&o