InterviewSolution
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Flipkart, a Bengaluru based company, which started in the year 2007 as an online book store is now India s largest e-retailer. It is popular in the books and electronics segment but it now sells products across categories including fashion ; consumer durables, home decor and furniture. Flipkart is doing very good business and it acquired 100% of Myntra, but Myntra will operate as an independent entity. Mobile Brand ‘Motorola’ is selling their new launches in India through Flipkart. The company aims at becoming leader in every segment.India's e-commerce market has seen growth in the past few years as more people log on to the Internet to shop online. Goods can be bought on ‘cash on delivery’. Various banks like HDFC, Axis and ICICI tied up with the reputed e-sellers so as to convert online purchases into convenient equated monthly installments. Amazon, the world's largest e-retailer entered India and in few months the company has aggressively gained market share by expanding its product range and introducing the one day delivery system. Soon after Flipkart also introduced one day delivery and the same day delivery in selected town and cities. With reference to the above :(a) What is online shopping? Name any three companies do online trading in India.(b) What are the reasons for the increase in online shopping in India ? (c) Identify the distribution channel adopted by Motorola in selling its new launches. Briefly explain few other distribution channels adopted by marketeers. |
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Answer» (a) Online shopping is the process of buying goods and services from merchants over the Internet. Since the emergence of the World Wide Web, merchants have sought to sell their products to people who spend time online. Shoppers can visit web stores from the comfort of their homes and shop as they sit in front of the computer. Consumers can buy a huge variety of items from online stores, and just about anything can be purchased from companies that provide their products online. Books, clothing, household appliances, toys, hardware, software, and health insurance are just some of the hundreds of products consumers can buy from an online store. Many people choose to shop online because of the convenience. For example, when a person shops at aEasy day or Reliance Mart, he/she has to drive to the store, find a parking place, and walk throughout the store until she locates the products she needs. After finding the items she wants to purchase, she may often need to stand in long lines at the cash register Three company do online trading in India are :
(b) The following are the reasons that contribute to the growth of online shopping in India :
When it comes to shopping with ease and comfort, visit ADI Shopping. This is the best online shopping platform to buy an amazing assortment of products from various categories. (C) A distribution channel is a chain of businesses or intermediaries through which a good or service passes until it reaches the end consumer. It can include wholesalers, retailers, distributors and even the internet itself. Channels are broken into direct and indirect forms, with a "direct" channel allowing the consumer to buy the good from the manufacturer, and an "indirect" channel allowing the consumer to buy the good from a wholesaler or retailer. Motorola sell its new launch products recently through online on Flipkart for wider the distribution at once, because online marketplaces are popular indirect sales channels utilized by businesses of all sizes. By selling through an online marketplace, Motorola can reach a wider net of potential clients who might otherwise not know they exist. As an added bonus, using this channel can help cut down on your marketing costs. Of course, using an online marketplace comes with some disadvantages as well. Flipkart and other marketplaces can charge hefty fees to suppliers. Few other distribution channels adopted by marketers are :
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