E-commerce models working in India
The success or failure of a e-commerce business in India has mainly depended on three factors:
a)Supply Chain
b)Marketing/Advertisement
c)Mode of Payments
These factors are majorly influenced by the Government Policies, Venture Capital Funding, Access and Demographics. The interplay of these 4 forces has lead to evolution of four models of E-business which are successful today in India.
1) Standard -In this basic model; the products are listed on the web portal and customer browse and buy the products .An example of this is flipkart ( http://www.flipkart.com/).
2) Deal Based-In this model; the companies are focusing on providing lucrative deals across product and service categories. An example of this is snapdeal (http://www.snapdeal.com/)
3) Club Based-In this model; the sites position themselves as private shopping clubs. Only the members are allowed to shop and purchase. An example of this fashionandyou (http://www.fashionandyou.com/)
4) Market Places-In this model; the sites bring together buyers and sellers and serve as a platform for their interaction. An example of this model is ebay (http://ebay.in/)
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