E Commerce Company : An ( Non Indian ) E Business Company

Sachin Bansal and Binny Bansal are Co-Founders of Flipkart. They both had worked with Amazon India. They realized that the e-commerce market in India was very small. So they decided to make it just a little bit bigger and started Flipkart.

Launching a business is not an easy thing to do – especially if you are working with a tight budget. But a tight budget can actually help you stay focused and spend your money on things that actually matter. So, if you are looking to get into eCommerce business, here are some tips to help you do it without spending a lot of money.

EBay is a multinational e-commerce organization headquartered in California, U.S. One of the inconceivable accomplishments in the website business is EBay. It gives extensive variety of products and services including however not constrained to online auctions. In a straightforward word, it is only a shopping site established by Pierre Omidyar. For him, EBay was only a side interest amid its beginning stage until higher activity on his site drove him to make it a business.

The following report will seek to Explain the difference between E-Business and E-Commerce providing examples where applicable to support the answer.

Electronic commerce or e-commerce is the buying and selling of products and services via the internet. Nowadays the thought of living without e-commerce seems complicated, unfathomable and inconvenience for many. Internet and the virtual companies are changing traditional economic way and making competition ever fiercer than it has ever been in the past.

Xiao Mi came up with a very well thought plan of a vast wide array of suppliers and market channels. China was a retail-dominated mobile device market. Any mobile phone manufacturer could choose whether or not to get a space in retail store and sell phones to the public. Xiaomi had decided to use online selling as their primary means of distibution on the purpose of lowering sales costs and its products prices which proved to be a success in its domestic market(China).

Flipkart very wisely used SEO (search engine optimization) and Google Ad-words as the marketing tools to have a far reach in the online world.

How much did U.S. consumers spend on-line in 2014? According to the website Internet Retailers, consumers spent almost $300 billion in 2014. That was an increase in 15.4% over 2013 sales. 2013 sales totaled close to $265 billion (internetretailer.com). Today technology is business. E-commerce is big business. In the discussion I will state how e-commerce impacts consumers in many areas. First, I will define e-commerce. Then, I will discuss the advantages and disadvantage of e-commerce. Next, I will discuss hosting an e-commerce site for a small on-line business. This paper will focus on capabilities and costs for creating an e-commerce site. In addition to the capabilities and the costs the hosting sites, I will examine their tools and offerings. Lastly, this paper will indicate which choice was made and an explanation of that choice.

The Bansal brothers Sunil and Binny Bansal got graduated from IIT DELHI with a degree in computer engineering and worked for Amazon.com. Meanwhile, they both launched the online megastore that is Flipkart. It was launched in 2007 with an aim to making books available to the people having Internet access around them.

E-commerce can help expand the range of products to be sold and often help businesses generate a higher volume of sales. E-commerce can also be used to help charity organisations gather donations from anywhere around the world. Oxfam are an example of a successful e-commerce charity. They are an organisation that sells pre-owned clothing, games, DVD’s and gifts in stores and online. The company generated £20.5 million of sales through their e-commerce website and stores.

Xiaomi Ltd. founded in April, 2010, by Lei Jun (CEO of Xiaomi Ltd.). “I admire giant companies like Huawei, Tencent, Sina and Alibaba, but I don’t want to create another Huawei, Tencent, Sina or Alibaba. My dream is to maintain my current company as a small one. (like a) small restaurant that people line up outside of to buy my products, and my friend will call me to reserve seats for them.” – Lei, a keynote address to the 2013 Global Mobile Internet Conference, Beijing.

Small farms have an important part in the rapid expansion of the U.S. agricultural sector (USDA-NASS, 2015). Ninety-two percent of all farms in the United States are classified as small with small farms being defined as those with annual gross revenues of $250,000 or less (USDA-NASS, 2015). A way to increase the competitiveness of small farmers is to enhance their management practices and to expand their capacities through the use of tools such as electronic commerce (e-commerce) (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015).

Regular retail stores are almost becoming obsolete today because so many customers are shopping online. Stores that have been apart of our lives for years shutting down operations, some for good and others are only conducting business on the internet. Whatever the case may be more and more people are turning to the internet to fulfill their needs. E-commerce is a multi-billion dollar industry now, when at first some thought it would fade away like most technology when it first started. Consumers are not the only people who do business online either. Big companies use the internet to do business with other companies; this is called business-to-business transactions

BuildDirect, an e-commerce organization in the home improvement division, began with only two employees. However, they experienced rapid growth in less than a decade. Sustaining the original culture, vision, and mission can become a challenging endeavor for organizations like BuildDirect to overcome through periods of expansion. In order for BuildDirect to maintain their original vision, they must a) hire individuals who fit the skills and culture, b) have leadership role model the culture and behaviors they wish to see in the organization, and c) remain flexible and keep an open mind on the natural progression of the organization’s culture.

Under this service of flipkart, through nearby app customers can order food & vegetables, branded food, groceries & staples, beverages, breakfast, dairy & eggs, household supplies, health & wellness, baby care and personal care products any time between 10 am and 8 pm. Flipkart also offers free shipping on every order for a limited period. By doing so the Company should ensure that the items are competitive both in quality and pricing in order that it would be able to compete with local shops and e-commerce portal like Amazon Green, Reliance Fresh.