decoding e-commerce

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Session1: DECODING E-COMMERCE

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ShopImagine E-Commerce Workshop Program for Fashion Colleges in India: The fashion e-tailing segment in India presents a great career opportunity for Fashion graduates from leading institutes in India, be it Fashion Design, Styling, Photography or Fashion Marketing. As a fashion e-tailer, we are constantly on the lookout for fresh ideas and fresh talent. This program is our way of interacting with young and talented fashion students as well as educating them about the exciting e-commerce landscape in India. The first workshop was held at FAD Institute, Pune on 11th and 12th July, 2013 by ShopImagine Marketing Manager, Neha Shah and Fashion Marketing and PR Executive, Alifiya Pratapgharwala

TRANSCRIPT

Page 2: Decoding E-Commerce

THE ‘ABC' OF E-COMMERCE

Page 3: Decoding E-Commerce

E-COMMERCE AND E-TAILING

E-COMMERCE

ElectronicBuying and Selling of Products, Services and Data

E-TAILING

Electronic Buying and Selling of Products online through virtual storefronts (online websites with catalogues) directly to the consumer

Page 4: Decoding E-Commerce

EVOLUTION OF E-TAILING IN INDIA

• Seller-biased• Catering to NRIs• Focus on tech &

transactions

Rediff, Indiatimes, IndiaPlaza

• Marketplace 1.0• Enabling every

consumer to be a seller; just an interface

• Unused product sale

Ebay

• Flipkart Model• “Own the

inventory”• Greater control

over value chain• COD

Flipkart

• Other models emerge-Deal sites, Private label, marketplaces

• Widespread Seed Funding

F&Y, 99labels, Zovi, Freecultr,

Jabong

• Emphasis on service and user experience

• Marketplace 2.0• FDI effect• Consolidations

Amazon India

Page 5: Decoding E-Commerce

WHAT DO THE NUMBERS SAY?

Per capita income: 12% increase between 2008-2011 to $1500, estimated to be $2300 by 2016

Internet penetration: Internet users in India expected to increase from 125 million in 2011 to 330 million in 2016. Highest penetration among 18-24 age-group

14% of total internet users are online shoppers, expected to increase at a rate of 35% over the next 4 years

Revenue per online shopper (ARPU) will grow at a similar rate

By 2015, e-tailing will catch up with online travel

In 2012, E-tailing grew around 139%

Page 6: Decoding E-Commerce

WHAT’S HOT ON E-COMMERCE?

Page 7: Decoding E-Commerce

WHO IS SHOPPING ONLINE?

Page 8: Decoding E-Commerce

MARS OR VENUS?

Page 9: Decoding E-Commerce

WHY ARE PEOPLE SHOPPING ONLINE?

Page 10: Decoding E-Commerce

THE ‘VIRAL’ EFFECT

Page 11: Decoding E-Commerce

E-TAILING MODELS

Platform for direct interaction between vendor/seller and buyer

Marketplace

• Sourcing and selling different brands

• Inventory-holding/consignment

Multi-Brand E-tail

Third party manufacturing or white-labelling and selling products under your own brand name on your own platform

Private Label

Perpetual Sale -Heavy discounts for very limited

periods on different brands

Flash Deal

Page 12: Decoding E-Commerce

A BIT ABOUT US

Page 13: Decoding E-Commerce

SHOPIMAGINE.IN : WHO ARE WE?

Promoted by experienced California-based women entrepreneurs, Hina Saiya & Tanaaz Baldawaala, ShopImagine.in is an online fashion boutique focusing on fulfilling emerging fashion aspirations of urban Indian women

ShopImagine.in is a pioneer in the online fashion space in India being the first in India to have introduced Online Lingerie Shopping (2008), largest online collection of Luxury French lingerie (2012), Indian Wedding Lingerie (2013) and Online Boutique Concept (2013)

Page 14: Decoding E-Commerce

ONLINE BOUTIQUE CONCEPT

Exclusive, Handpicked and Fast-Changing Styles

International Quality and Styles at Indian Prices

Unique Services for a ‘Wow’ shopping experience

Fast & Free Shipping, Free Cash-On-Delivery, Easy Return/Exchange Policy, Exhaustive payment options

Page 15: Decoding E-Commerce

SHOPIMAGINE.IN : PRODUCTS & SERVICES

Products› Handpicked styles from international

designer houses in France and USA

› Superior quality & unique styles

› Fast-changing and in sync with latest international trends

Page 16: Decoding E-Commerce

Luxury Lingerie & Nightwear from France

Page 17: Decoding E-Commerce

Indian Wedding Lingerie: Pre-Wedding, Wedding & Post-Wedding

Page 18: Decoding E-Commerce

Apparel from LA, California

Page 19: Decoding E-Commerce

SH

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Page 20: Decoding E-Commerce

CONTINUING THE ‘ABC’ OF ECOMMERCE

Page 21: Decoding E-Commerce

UN

DER

STA

ND

ING

TH

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MER

CE S

YS

TEM

Page 22: Decoding E-Commerce

SOURCING & MERCHANDISING

Intense Market Research on:› Latest international trends› Regional preferences and sensibilities› Favourable price points› Sync with Brand values and sensibility

Online merchandising determines product appeal and eventually, sales

Page 23: Decoding E-Commerce

WEBSITE DESIGN AND MANAGEMENT

Page 24: Decoding E-Commerce

OPERATIONS

Order fulfillment

Customer service

Website Up-time and Maintenance

Inventory Management

Page 25: Decoding E-Commerce

MARKETING & PR : SEM

Increasing website visibility in search engine result pages (Google, Bing, Yahoo) through SEO & PPC

SEO : Organic SEM

PPC: Paid SEM Display Ads:

Google Display Network

Page 26: Decoding E-Commerce

MARKETING & PR : E-MAIL CAMPAIGNS

“Keep in touch” tool Announcements like

exclusive offers and discounts, new product range, new website feature or service or content sent to subscribed customers

E-mail list, E-mailer design & HTMLisation, E-mailing platform, Tracking & Analytics

Page 27: Decoding E-Commerce

MARKETING & PR : BLOGS

Reviews and Recommendations by external bloggers

Company Blog, promote on social media, groups and forums

Blog Advertising

Viral Marketing

Page 28: Decoding E-Commerce

SOCIAL MEDIA MEETS E-COMMERCE

Page 29: Decoding E-Commerce

FACEBOOK

Facebook Engagement› Create a

Facebook page› Engaging content is

the King!› Encourage fans to

Like, Comment and Share!

› Apps› Contests› FB-specific discounts

and offers

Facebook Ads› Get more fans

› Promote website campaign/direct traffic to website

› Promote Page content

› Analytics

Page 30: Decoding E-Commerce

TWITTER

• Customer Service Tool : Address customer grievances

• Tweet, Retweet, Favourite : Stay in touch with your followers through interesting conversations

• Trending Topics : Get into a loop and viral the tweet!

• Twitter Contests/shopimagineIN

Page 32: Decoding E-Commerce

NEW KIDS ON THE BLOCK : G+, PINTEREST, INSTAGRAM

Broadcast Hangouts, Create customer groups, Useful in SEO

Visually appealing social media tool, PinBoards for various categories with link backs for referral traffic,

PinBoard contests

Live image updates of events, Launch Campaigns and Contests

with Hashtags

Page 33: Decoding E-Commerce

ONLINE MEETS OFFLINE MEETS ONLINE

Page 34: Decoding E-Commerce

OFFLINE GOES ONLINE

Brand e-stores + Third Party websites/Online Marketplaces

Increased Brand Reach

Reduced Capital Costs

Offer better pricing with better margins

Stand up to competition from Online brands

Easy to Scale

Page 35: Decoding E-Commerce

ONLINE GOES OFFLINE

360 degree Marketing & PR

Mutually beneficial collaborations for increased brand awareness

Targeted reach

Collaborations: Bloggers, Cafes, Clubs, Restaurants, Spas, Salons, Bollywood, Designers

Advertisements: TV, Newspapers, Magazines, Advertorials/Editorials

Events: Fashion Shows, Exhibitions, Contests

Page 36: Decoding E-Commerce

ONLINE GOES OFFLINE : TV ADS

Effective: yes, but optimal?

There 155 million cable-subscribed households in India

Page 37: Decoding E-Commerce

ONLINE GOES OFFLINE : EVENTS

Fashion Shows, Website/Collection Launches, Press Conferences, Exhibitions to create that hullabaloo

Page 38: Decoding E-Commerce

ONLINE GOES OFFLINE : BLOGGER COLLABORATIONS

Blog features, Blogger contests and Blogger events are great ways to reach out to a broader and better-targeted audience

Page 39: Decoding E-Commerce

ONLINE GOES OFFLINE : SAME-TG CHANNEL COLLABORATION

SPAS & SALONS

CORPORATES

CLUBS, CAFES & RESTAURANTS

FASHION COLLEGES

Page 40: Decoding E-Commerce

ONLINE GOES OFFLINE : PRINT MEDIA

Press Releases, Editorials and Advertorials add great credibility to an online brand

Page 41: Decoding E-Commerce

CHALLENGES

COD : Boon or Bane?

Superior Logistics in India : Too expensive?

Return rates: 5%-25%?! Ok or not?

Volumes and Revenue are fine, but SHOW ME THE MONEY!

RECESSION playing spoilt sport?

How to sustain FUNDING?

Trust issues & replicating the “in-store experience”

Too many players and “me-too’s”: Survival of the fittest or a Bloodbath?

FDI in E-commerce & entry of Amazon: Threat for domestic players?

Page 42: Decoding E-Commerce

WATCH OUT FOR…

Social Commerce

Mobile Commerce

Better Payment

Methods & Logistics

Tier-II & Tier-III cities, rural areas fuelling e-commerce

growth

Page 43: Decoding E-Commerce

SO, WHAT’S IN IT FOR YOU?

Page 44: Decoding E-Commerce

THANK YOU!

Neha ShahMarketing Manager, ShopImagine.in