Professional Documents
Culture Documents
SUBMITTED BY
JATIN RAMESH PARMAR
T.Y.B.M.S.
2014-15
PROJECT GUIDE
PROF. HARDEEP KAUR
SUBMITTED TO
UNIVERSITY OF MUMBAI
Project Report on
FLIPKART - ONLINE RETAILING
Submitted By
JATIN RAMESH PARMAR
T.Y.B.M.S
2014-15
Submitted To
University of Mumbai
PROJECT
GUIDE
COURSE
CO-ORDINATOR
EXTERNAL
EXAMINER
PRINCIPAL
DECLARATION
ACKNOWLEDGMENT
I hereby acknowledge all those who directly or indirectly helped me to draft the project report. It would
not have been possible for me to complete the task without their help and guidance.
First of all I would like to thank the principal Dr. K.S. Cheema and the coordinator Prof. Hardeep Kaur
who gave me the opportunity to do this project work. They also conveyed the important instructions
from the university from time to time. Secondly, I am very much obliged of Prof. Hardeep Kaur for
giving guidance for completing the project.
This project has be a learning experience & it give me immense pleasure in expressing my gratitude to
Anna Leela College of Commerce & Economics, Shobha Jayaram Shetty College For B.M.S for
giving me the opportunity to do a project that was challenging as well as rewarding. This project helps
me to understand the tools and used to analyze them.
Last but not the least; I am thankful to the University of Mumbai for offering the project in the
syllabus. I must mention my hearty gratitude towards my family, other faculties and friends who
supported me to go ahead with the project.
EXECUTIVE SUMMARY
The online shopping grew at a rapid pace in 2013 due to attractive online discounts, rising fuel prices
and availability of abundant online options. Mumbai topped the list with maximum number of online
shoppers, followed by Delhi and Kolkata.
Companies now are increasingly collaborating with daily deals and discount sites to make the best use
of increasing online shopping trends. The products that are sold most include mobile phones, ipads,
accessories, MP3 players, digital cameras and jewellery, among others.
The growth in Indias online retail market is spreading like wildfire with domestic retailers and foreign
players all wanting a slice of the e-commerce pie, resulting in intense competition in this space. The
competition is clearly more evident in the festive season, with players such as Flipkart, Amazon,
Myntra and Snap deal among others, lining up big discounts, exclusive merchandise, cash-back
schemes, and other promotional offers. They are sprucing up the $3.1 billion space - which is expected
to surge to $22 billion over the next five years - with huge investments to woo the burgeoning
population in the country that are getting ready to ride the online retail wave.
Fierce competition
The online buyers in the country are expected to reach 39 million by the end of 2014 and 128 million
by the end of 2018, says a Forrester report. The founders of Flipkart, Sachin and Binny Bansal
attributed this growth largely to the vast youth population, who are rapidly embracing the Internet. In a
recent interview, CEO of Amazon, Jeff Bezos that the Indian e-tail market is growing by leaps and
bounds, which gives major players a huge opportunity to invest in this sector.
Flipkart, Indias biggest online retailer had received a record $1 billion in fresh capital. Snapdeal.com
is in talks to raise another large round of funding only three months after it raised $133.7 million earlier
this year.
Amazon is also chalking out fresh plans for the market. The US-major, which operates as junglee.com
in India, is confident of giving local players a tough fight. So, we are currently focused on bringing an
incredibly large number of (local) small and medium enterprises online. Thats a big shift, told Bezos
in an interview to Times of India.
Jobs galore
While Flipkart will reportedly hire 12,000 people by the end of 2014 to strengthen its support and
technology operations, Snap deal plans to double headcount to 2,600 from 1,300 currently, hire strong
engineering teams, customer agents and logistic support. Other players such as Jabong, Zomato and
Yatra.com have also joined the hiring bandwagon.
A shift to mobile
Many of these fresh online shoppers are likely to come from mobile, which is already contributing over
30% of Indian e-commerce traffic. Flipkart Co-Founder Sachin Bansal wrote in a blog: E-commerce
sites are seeing a shift towards mobile, as consumers prefer to shop online from their mobiles instead of
computers and e-commerce players have to constantly innovate to keep up with the pace of how
consumers use the internet in India.
The next wave of internet expansion and resultant consumer behavior will clearly be driven by mobile
and mobile commerce. The Smartphone penetration is growing at over 150% year on year and this will
rise as Smartphone's get cheaper, say experts.
It help to understand the growth and important of Online shopping in India and various online
shopping motivate,
The understand Attitudes, Behaviors, growth, Affecting Consumers Buying Behavior and
satisfaction for online shopping.
SECONDARY OBJECTIVES:
te customer for online shopping.
.
Despite these limitations, a sincere attempt has been made to collect and analyze the data and present
the information as accurately as possible.
percent is sufficient to provide reliable results. Here the sample size is 50 samples and it is limited to
the area of Mumbai
COLLECTION OF DATA
Data Sources In this stage, there is a need to gather primary as well as secondary data. Primary data
are collected on original information gathered for a specific purpose either through personnel
interviews / questionnaires etc. Secondary data is collected
PRIMARY DATA
The present study has used survey method for collecting the primary data by directly interviewing
customers with questionnaire.
SECONDARY DATA
Secondary data for the study were collected from the library reference, technical and subject based
books, journals and magazines, websites and other previous studies.
TOOL FOR DATA COLLECTION
A well structured questionnaire was used to collect the primary data from the customers. The customers
were given multiple choices to select their particular answers. A copy of the questionnaire is enclosed
in the annexure.
Type of Questions
The questions that have been used in preparing the questionnaire were:
INDEX
Chapter
Title
Page
No
LITERATURE REVIEW
FLIPKART
13
PRODUCT STRATEGY
18
20
36
59
CONCLUSION
60
10
BIBLOGRAPHY
64