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Why Flipkart is ruling the Indian eCommerce market

Flipkart is the leading eCommerce company in India. It has a market share of over 50 percent and continues to grow rapidly. There are several reasons for<br>

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Why Flipkart is ruling the Indian eCommerce market

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  1. Why Flipkart is ruling the Indian eCommerce market Flipkart is the leading eCommerce company in India. It has a market share of over 50 percent and continues to grow rapidly. There are several reasons for Flipkart’s success, but the main reason is its strong focus on customer satisfaction. Flipkart has always been quick to adapt to changing customer needs and preferences, and it has invested heavily in technology and logistics infrastructure to ensure a smooth shopping experience for its customers. Additionally, Flipkart offers a wide array of products at competitive prices, and it has a large selection of brands and products. Finally, Flipkart enjoys a strong brand reputation thanks to its focus on quality and innovation. All these factors have helped make Flipkart the top eCommerce player in India. Flipkart was launched in 2007 by two former Amazon employees Sachin Bansal and Binny Bansal. The duo started off with a capital of $6,000, which they raised from family members and friends.

  2. The initial idea for this start-up was to act as an online distributor of books to colleges in India (flipkart.com). However, the founders soon realized that books were only one piece of the puzzle; this realization triggered them to tap into other product categories like mobile phones, cameras, computers, etc. This expansion led the company to change its business strategy; it then decided to become an eCommerce store (flipkart.in) open 24/7 where customers could find and purchase any product they wanted. Flipkart started off as a regular online retailer, where it used to sell products at the same price that was set by vendors. However, this strategy soon proved counterproductive in the face of rising competition from Amazon, which had adopted a marketplace model where it sold only those products that were supplied by third-party vendors. This approach allowed Amazon to offer competitive prices since it did not have to invest heavily in warehousing and logistics infrastructure. Flipkart also switched over to the marketplace model, but its management realized that Amazon continued

  3. gaining market share because its delivery services were far superior than those offered by Flipkart at the time. Consequently, Flipkart invested significantly in logistics infrastructure so that it could match Amazon’s delivery times and efficiencies. Flipkart also realized that it needed to offer a vast selection of products if it wanted to remain competitive. This is why the company began working with more and more brands and product categories. In addition, Flipkart invested in technology that would allow customers to search for products quickly and easily. For example, the company developed a product search engine that could quickly identify products based on keywords entered by shoppers. This helped Flipkart stay ahead of the competition since other eCommerce players in India did not have such advanced search engines at the time. The final reason for Flipkart’s success is its focus on customer satisfaction. The company has always been quick to address customer complaints and solve any issues that they may have. Additionally, Flipkart has a customer support team that is available 24/7 to help customers with their shopping needs. All these efforts have helped Flipkart build a strong brand reputation in India. Flipkart is the clear leader in the Indian eCommerce market, and there are several reasons for this. The company’s focus on customer satisfaction has helped it develop a strong brand reputation, and its investment in technology and logistics infrastructure has allowed it to match or even exceed the delivery times and efficiencies of Amazon.

  4. In addition, Flipkart offers a wide selection of products at competitive prices, it an attractive choice for shoppers in India. Flipkart has had to face intense competition from its rival Amazon, but it continues to stay ahead of the game due to its strong brand reputation, superior delivery systems and competitive pricing. The company’s management team is currently working on developing an app that would allow shoppers in India to pay for their purchases using cash at local kirana stores (small neighborhood grocery shops). Flipkart marketing agency believes that this strategy can help increase Flipkart’s market share since many people in India do not have bank accounts or credit cards. This new payment system will also give Flipkart access to buyers who prefer cash over other modes of payment like debit/credit cards. This case includes both qualitative and quantitative data that can be used to identify the key drivers of growth for Flipkart. In addition, the case highlights various strategies that Flipkart’s management team has implemented to help it sustain its competitive advantage in India. This case study is particularly interesting because it explores a new market called India and how a company from this market is able to compete against other global eCommerce players like Amazon. This case also highlights why Flipkart has been so successful so far and what factors have allowed it to gain such a strong foothold in the Indian eCommerce space. The case enables students to learn about industry dynamics and strategy implementation at an enterprise level by studying one particular corporation (Flipkart) that operates within these parameters.

  5. Conclusion paragraph Flipkart is India’s leading eCommerce company, and it has a 50% market share. They have been successful because of their focus on customer satisfaction. One way they do this is by being quick to adapt to changing needs and preferences of customers. This includes investing in technology that makes the shopping experience easy for everyone involved. Another big part of their success story is competitive prices with a wide variety of products available at any given time. If you're looking for an Indian-based website that offers strong customer service as well as competitive pricing, look no further than Flipkart!

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