Our team of experienced professionals provides business consulting services to those vendors who are either facing problems with their online marketplaces or despite of having a very well established offline business are struggling to establish a blooming online marketplace.
Current Status
Our business is registered as Private limited company. We have been in business for the past 9 months and have shown a profit each month
We have had served over 95 clients till date.
In last 9 months we had a sale of $36745
Market
The online market of India is an emerging segment of the overall e-commerce industry with large number of wholesale buyers and sellers interacting at different marketplace. The industry growth has been forecasted to augment in the future given the rise in the application of internet technologies in the country. The industry is fragmented among various online marketplace portals with few dominating the industry. The market has been segmented on the basis of micro, small and medium enterprises.Our research with Flipkart and Amazon has figured out that there are 2 million sellers available on these two e-commerce platforms In India
Problem or Opportunity
Our Clients is a seller who sell on e-commerce market places.
We have already solved the below listed problems Our client faces.
Problem Faced by clients:-
Keyword optimisation: Removing keywords with high expenditure but less sales and instead adding keywords that are relevant to the products you are selling on website. For example; if you are a shoe seller, you would like to be discovered when someone looks for ‘buy shoes online’. Our experts will optimise using the right keywords so that you appear on the first page when someone types ‘buy shoes online.
Optimised bids: Compare against competition and suggest bids for Page 1 placements to ensure higher impressions, clicks and sales. Our service providers would help you set the right bids so that you get the best sales while spending the least.
Create targeted campaigns: Organize campaigns into targeted ad groups by products, keywords and description to ensure relevant clicks maximising sales conversion.
Return Claims management:-a major challenge is to cope with returns. B2C Marketplaces encourage buyers to return if not entirely satisfied. I know of many sellers suffering because of whimsical buyers who may not like a particular design or colour. For every return, you as seller, is stuck with dead inventory. our service provider manages returns and file claims in such a manner so that u dont have to bear a loss.
Cataloging-Cataloguing and updating inventory across marketplaces isn’t an easy feat. For instance, let’s say you are a fashion retailer selling on 3 different marketplaces. Now to stay ahead of the competition, you add fresh stock every month or so, this would involve checking the cataloguing requirements of each portal for each item and manually updating your inventory one by one. This is because there is no standard code for cataloguing.
Pricing-Online merchants often compete on price. For example, dozens or even hundreds of sellers may list identical products on marketplaces. All of these companies are vying to make a sale with nothing to differentiate their stores except price.
Solution (product or service)
offers complete solutions to the e-commerce sellers selling worldwide offerings services as cataloging of products, Order Management, Account Health Management, registration of sellers on e-commerce platforms, manage their day to day operations, promotion of their products on e-commerce platforms. Our mission is to Capture the entire Indian Market for e-commerce services for every major website. We want to create awareness of our professional services and acquire more and more clients for our company.
Competitors
Competition lies with local agencies but these can be competed easily as non-other than we would offer such services to the customer at a nominal monthly plan. The company comes with expert account managers for the customers with complete knowledge of e-commerce.
We have also planned something to give in free to clients sometimes so that it becomes easy to acquire new customers.
For Cataloguing & Listing we come on 6th Place on amazon.in within 9 months out of 347 SERVICE PROVIDER
Advantages or differentiators
Very few service providers are offer the same service which we are offering to its clients we allocate a dedicated Accont manager to the client to handle their online business our service has brought the the complete solution for the sellers and made online selling easy.Post investment we will build a strong tech to offer even better services. Our service is A-Z Solution for sellers.
Finance
Based on the size of our market and our defined market area, our sales projection for the next year is $1840116. We project a growth rate of 40-50% per year for the first three years.
2nd year Acquisition Of 2000 Customers – 2000*10,000 =
INR Rs. 24,00,000,00/year.
3rd year Acquisition of 3000 Customers – 3000*10,000 =
INR Rs. 36,00,000,00/year.
4th year Acquisition Of 4000Customers – 4000*10,000 =
INR Rs. 48,00,000,00/year.
5th year Acquisition of 5000 Customers – 5000*10,000 =
INR Rs. 60,00,000,00/year.
Business model
One of the reasons our business model is successful because offering services on a repeating or continuous basis over time creates the opportunity to grow revenue quickly and exponentially, since each new customer adds revenue that repeats over time
Money will be spent on
Money will be spent on Brand awareness of the company(Marketing)
For incorporation of tools and software for even better service
Procurement of required system and assets
Team expansion city wise- we aim to expand pan India
There is very less possibility or risk that our business fails because we have targeted a platform which is already settled (Amazon,Flipkart etc) and these market places are growing like anything. In reality these market places are not our target our target is the Seller who is selling on Market places as I have already mentioned above that there are approx 2 million online sellers and rapidly growing India has a big market size of offline retailers and manufacturers and by each passing months the interest for E-commerce is increasing. Retailer and manufacturers themselves approaching these website to expand their business online too but it is not that easy that they can be selling their product easily because of tough competition over websites and many lack in e-commerce knowledge/no time because they are engagedin their offline business. We aim to create awareness to all the offline sellers/manufactures that their online store too can touch the heights they are just away from our services. India has a population over 1.2 billion and everyday new seller emerges amongst them.
