1.1 Ecommerce in India
Recent years have seen a remarkable transformation in the way India shops and trades through internet. The business via E-commerce has taken the world of retail by storm and captivated the imagination of an entire generation of new vibrant entrepreneurs, with e-commerce start ups with various business and commercial models.The sector has grown three times in four years to nearly 12.6 billion USD in 2013.Different industry experts estimates that the sector will further growth five to seven times over the next four to five years.
Online retail, while today representing a small fraction of the e-commerce space is one of the fastest growing segments. It is facing lots of challenges to fulfilling its fundamental proposition of transcending physical boundaries to deliver a variety of products to the customer’s doorstep. Supply chain, logistics and infrastructure in e-retailing becomes the very backbone of the fulfilment network and the basis on which stringent service level expectations are set and met, and it wins the customers from the competitors. In India, these are the weakest links, so the ecommerce management should taken the appropriate and intelligent steps to avoid the weakness and wins the race.
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The ecommerce boom is a result of growing number of internet users in the country. Amazon is pioneer in ecommerce in the world and companies like Flipkart, Mintra, Jabong are some of its followers in India. Today every ecommerce websites are trying to improve their service by large range of product portfolio, with low price, free delivery, fast delivery and cash on delivery
DAPTS CONSULTANTS ® REPORT ON BELL CANADA ENTERPRISE (BCE) COMPILED BY: PRABHLEENGREWAL TARANDEEP ANIKET GUPTA SOHAIL DEEPAK GABA SAMARVEER SINGH KAMRA PRATEEK SINGH Contents INTRODUCTION 3 COMPANY OVERVIEW 3 PRODUCTS AND SERVICES 4 HISTORY 6 REVENUE ACCORDING TO THE SECTORS 9 VISION AND MISSION STATEMENT 10 SWOT ANALYSIS 13 INTRODUCTION Bell Communications Enterprise is the largest communications company in Canada with a subscription of approximately 21 million users out of a population of 35.50 million approximately . Bell deals in all three types of businesses as it provides services to consumers (B2C), business (B2B) and the government (B2G). It is a company known to provide the best quality communication service
J.C. Penney Company, Inc. Description The Firm JCPennys was started in 1902 by James Cash Penney in Wyoming as a store for mining and farming families to purchase work clothes (jeans, fabric, etc.). James Penney founded the store with the Golden Rule in mind, treat others in the way that you want to be treated and up until 1913, the stores were named as such. The company expanded from the West Coast out to the East Coast and still focused on providing working class families clothing and accessories. JCPennys specializes in affordable family clothing, in style inexpensive jewelry, and home furnishings/goods.
Trader Joe’s in the Kelso Longview Area Jadd Curtis, Lee Horsely, Telicia Lewis, Katie Naple Lower Columbia College 11/19/2017 Business 100 Mark Gaither When thinking about a grocery store, the typical image pictured is not only large, but also packed to the brim with products. While having a menagerie of choices has its upsides, it also means more time spent looking for the right one. One way Trader Joe’s differs from larger chain grocery stores is the size of the store, and the number of products sold. The average square footage of Safeway and Fred Meyer’s, respectively, are 47,600 and a whopping 165,000 (Investor.safeway.com, 2017)
As of 2015, Macy’s is believed to be one of the largest department stores in the country. Its competitors include Kohl’s, JcPenny, Boscov’s, and Sears. As the business grew, Macy 's started to expand into neighboring buildings, opening more and more departments. Macy’s uses numerous marketing strategy to promote its products. Some of Macy’s strategies include hiring celebrities like Martha Stewart, Usher, and Heidi Klum in ads such as commercials to promote their products.
Macy’s is a popular department store chain started in 1858 on the corner of 14th and 6th Avenue in New York City. Rowland Macy’s store first day of sale was $11.06, but at the end of the first year, his store revenue $85,000. Macy’s innovative spirit made it stood out as they were the first retailer to promote a woman to be in an executive position, started a one-price system, heavily focus on advertisement, sold the first colored bath towels, and was the first retailers in New York City to have a liquor license. In 1902, the Macy’s opened another store on Broadway and 34th Street. By 1924, after continuous expansion, that location became the world’s largest store measuring at 1 million square feet.
A. Neiman Marcus is “a luxury omni-channel retailer” that does both online and in store selling under the Neiman Marcus, Bergdorf Goodman, Last Call and MyTheresa brands. Neiman Marcus was founded by Herbert Marcus Sr, his sister Carrie Marcus Neiman and her husband A.L Neiman in 1907. In 1928, three years after the first original store burned down by a fire, the business was completely turned over to the Marcus family due to a divorce between Carrie and A.L. The same year they opened their first men 's department west of New York that featured merchandise such as French-maid ties and English shirtings. Stanley Marcus is promoted to president after the death of his father Herbert in 1950 and a year later Neiman Marcus opens up a store in Dallas.
GameStop is an American video game retailer. It operates primarily in the buying and selling of video game, gaming consoles and sometimes in electronics. The company sells both new and previously used video game hardware; physical and digital video games, pre-owned and value video game products; personal computer (PC) entertainment software in various genres, such as role-playing games (RPG’s), simulators, adventure and many more; digital merchandises, including PlayStation Plus and Xbox Live subscriptions; video game accessories, such as controllers, gaming headsets, and other add-ons for use with gaming hardware and software; strategy guides, magazines, and gaming-related posters and toys. The company is headquartered in Texas and different
As a result of online retail, there has been a shift in how we do our shopping and is making its way to being THE way of shopping. Online retail has strong cost advantages in comparison to its offline competitors. It is rapidly taking precedence in many categories due to better pricing, selection
I. Strengths of TARGET Corporation Target Corporation is one of the largest and oldest public discount retailing company operate in the United States. The company founded in 1902’s by George Dayton (as also known as Dayton Dry Goods in 1962’s). Target store has a huge store footprint and enjoys considerable brand recognition. Target’s portfolio of owned and exclusive brands is also its strength, which allow retailer to a valuable differentiating lover in high competitive retail environment.
Amazon is purely an online sales portal. Based on premium web rating organizations Amazon has a position ranging from 4 to 10 on a global ranking of premium websites. The presence of Amazon in the virtual world of internet is unquestionable. Big Data is a technology area which is highly talked about during the last several years. During the last 18 months, companies in the retail sector, manufacturing, construction, and technology areas have realized the extreme potential of Big Data and are trying to gain maximum advantage from it.
(P1.3) Once the business strategy is formed, there are different techniques in developing the strategic plans of the business using various tools by the organization. These techniques show the strengths and weaknesses of the organization and as well as their opportunities and threats that are possible to the business in order to form an effective developed strategic plan during the process of operation. In this case, Nordstrom uses these types of tool in developing their strategic plans which are the BCG matrix and SOAR analysis. BCG matrix is the matrix which determines the level industry relative share of the industry and the business with the help of four dimensions. Strategic business plans are set by considering the growth rate of the industry and current situation of the business.
Causes According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style. Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites.
INDIA’S INTERNATIONAL TRADE: TREND, COMPOSITION AND DIRECTION INTRODUCTION International trade is exchange of capital, goods, and services across international borders or territories. India’s major imports comprise of crude oil machinery, military products, fertilizers, chemicals, gems, antiques and artworks. Indian exports comprise mainly of engineering and textile products, precious stones, petroleum products, jewellery, sugar, steel chemicals, zinc and leather products. TRENDS
Not only this, great offers and discount coupons are available while shopping on these online retail markets. VARIETY OF PRODUCTS Get all sorts of national and international products without even moving an inch. This is great! Isn’t it? A Chanel’s perfume bottle which is made in Europe will be easily available in any part of India.
1.0) Introduction 1.1) Background During the past decades, the retailing industry has gone through many important changes. Saturated markets, fierce competition, and the turbulent macro-economic environment have condemned retailers to reconsider their retail strategy. Actually there are four factors which have constantly been reshaping the world of business – technological advances such as the internet, the loss of geographic advantage resulting from globalization, the shake-up of the traditional industries as a result of de-regulation and the rising power of the modern and complex consumer. However one of the most important factors remains the evolution of the Internet.