Professional Documents
Culture Documents
INTRODUCTION
The lWeb, las la lmean lfor lthe ltwo lfirms land lpeople lto ldirect lbusiness, lis
lthese ldays lone lof lthe lmost lgenerally lutilized lnon-store lformats.With
lwell lknown lpatterns land lrequests lthe lidea lof lthe lWeb las lthe lpath
lforward lto lexpand lnet lrevenues, lorganizations lnew land lold lare lmaking
lsites lto la lgreat lextent. lThe lessentialness lfor lretailers lto lhaving la lsite lis
lthat la lsite lis lenlightening land lvalue-based lin lnature, las lthe lsite lcan lbe
lutilized lfor lpromoting land ldirect ladvertising; ldeals; lclient lcare land
ladvertising. lIt lhas lbeen lover l10 lyears lsince lbusiness-to-customer
lInternet lbusiness linitially ldeveloped. lResearchers land lprofessionals lof
lelectronic lbusiness lcontinually lendeavor lto lincrease lan limproved
lknowledge linto lbuyer lconduct lin lthe linternet. l
Web lis lchanging lthe lmanner lin lwhich lbuyers lshop land lpurchase
lproducts land lenterprises, land lhas lquickly ldeveloped linto la lworldwide
lwonder. lNumerous lorganizations lhave lbegun lutilizing lthe lWeb lwith lthe
lpoint lof lcutting lpromoting lcosts, lconsequently llessening lthe lcost lof ltheir
litems land ladministrations lso las lto lremain lahead lin lexceptionally lserious
lmarkets. lOrganizations ladditionally lutilize lthe lWeb lto lpass lon, lconvey
land lscatter ldata, lto lsell lthe litem, lto ltake linput land lfurthermore lto llead
lfulfillment loverviews lwith lclients. lClients lutilize lthe lWeb lnot lexclusively
lto lpurchase lthe litem lon lthe lweb, lyet lin laddition lto lthink labout lcosts,
litem lincludes land lafter ldeal ladministration loffices lthey lwill lget lin lthe
levent lthat lthey lbuy lthe litem lfrom la lspecific lstore. lNumerous lspecialists
lare lidealistic labout lthe lpossibility lof lonline lbusiness. l
A lbrand lis lthe lticket lor lpicture lof la lparticular litem lor ladministration
lthat lbuyers linterface lwith, lby lrecognizing lthe lname, llogo, lmotto, lor
lplan lof lthe lorganization lwho lclaims lthe lthought lor lpicture. lMarking lis
lthe lpoint lat lwhich lthat lthought lor lpicture lis ladvertised lso lit lis
lunmistakable lby lan lever lincreasing lnumber lof lindividuals, land lrelated lto
la lspecific lassistance lor litem lwhen lthere lare lnumerous ldifferent
lorganizations loffering la lsimilar lhelp lor litem. lPublicizing lexperts ldeal
lwith lmarking lnot lexclusively lto lfabricate lbrand lacknowledgment, lyet lin
laddition lto lassemble lgreat lnotorieties land la llot lof lguidelines lto lwhich
lthe lorganization lought lto lendeavor lto lkeep lup lor loutperform. lMarking
lis la lsignificant lpiece lof lWeb ltrade, las lmarking lpermits lorganizations lto
lassemble ltheir lnotorieties lfor lbeing lgreat las lextend lpast lthe lfirst litem
land ladministration, land ladd lto lthe lincome lproduced lby lthe lfirst lbrand.
lAt lfirst, lMarking lwas lreceived lto lseparate lone lperson\'s lsteers lfrom
lanother\'s lby lmethods lfor lan lunmistakable limage lconsumed linto lthe
lanimal\'s lskin lwith la lhot liron lstamp, land lwas ltherefore lutilized lin
lbusiness, lpromoting land lpublicizing. l
Client ldiscernment lis lan ladvertising lidea lthat lenvelops la lcustomer\'s
limpression, lmindfulness land ladditionally lawareness labout lan lorganization
lor lits lcontributions. lClient lobservation lis lordinarily linfluenced lby
lpublicizing, laudits, ladvertising, lweb-based lsocial lnetworking, lindividual
lencounters land ldifferent lchannels. l
Customer lconduct lis lthe linvestigation lof lpeople, lgatherings, lor
lassociations land lthe lprocedures lthey luse lto lchoose, lsecure, land ldiscard
litems, ladministrations, lencounters, lor lthoughts lto lfulfill lneeds land lthe
leffects lthat lthese lprocedures lhave lon lthe lpurchaser land lsociety. lIt
lmixes lcomponents lfrom lbrain lresearch, lhuman lscience, lsocial lhumanities
land lfinancial lmatters. lIt lendeavors lto lcomprehend lthe ldynamic
lprocedures lof lpurchasers, lboth lindependently land lin lgatherings. lIt
lconsiders lattributes lof lindividual lcustomers, lfor lexample, lsocioeconomics
land lconduct lfactors ltrying lto lcomprehend lpeople\'s lneeds. lIt llikewise
lattempts lto lsurvey limpacts lon lthe lpurchaser lfrom lgatherings, lfor
lexample, lfamily, lcompanions, lreference lgatherings, land lsociety lall lin lall. l
Client lconduct lstudy ldepends lon lpurchaser lpurchasing lconduct, lwith lthe
lclient lassuming lthe lthree lunmistakable ljobs lof lclient, lpayer land
lpurchaser. lResearch lhas lindicated lthat lshopper lconduct lis lhard lto
lforesee, lin lany levent, lfor lspecialists lin lthe lfield. lRelationship lshowcasing
lis la lpowerful lresource lfor lclient lconduct lexamination las lit lhas la ldistinct
lfascination lfor lthe lre-revelation lof lthe lgenuine lsignificance lof lpromoting
lthrough lthe lre-insistence lof lthe lsignificance lof lthe lclient lor lpurchaser. lA
lmore lnoteworthy lsignificance lis llikewise lset lon lbuyer lmaintenance,
lclient lrelationship lthe lboard, lpersonalisation, lcustomisation land lbalanced
lshowcasing. lSocial lcapacities lcan lbe larranged linto lsocial ldecision land
lwelfare lcapacities. l
A ldefinitive lobjective lof lmost lorganizations lis lto lbuild ldeals land lpay. lIn
la lperfect lworld, lyou lneed lto lpull lin lnew lclients lto lyour litems land
lsupport lrehash lbuys. lBrand lmindfulness lalludes lto lhow lmindful lclients
land lpotential lclients lare lof lyour lbusiness land lits litems. lBrand
lMindfulness lis lthe ldegree lto lwhich la lbrand lis lperceived lby lpotential
lclients, land lis laccurately lconnected lwith la lspecific litem. lCommunicated
las la lrule las la llevel lof ltarget lshowcase, lbrand
mindfulness lis lthe lessential lobjective lof lpromoting lin lthe learly lmonths
lor llong lperiods lof la lproduct\'s lpresentation. l
Brand lmindfulness lis lthe ldegree lto lwhich lthe lbuyer lconnects lthe lbrand
lwith lthe litem lhe lwants lto lpurchase. lIt lis lthe lbrand lreview land lthe
lbrand lacknowledgment lof lthe lorganization lto lthe lshoppers. lBrand
lreview lis lthe lcapacity lof lthe lpurchaser lto lremember lthe lbrand
lconcerning lthe litem lwhile lbrand lacknowledgment lis lthe lcapability lof lthe
lbuyer lto lrecover lthe lpast linformation lon lthe lbrand lwhen lenquired
labout lthe lbrand lor ldemonstrated la lpicture lof lthe lbrand llogo.
Brand lmindfulness lis la lbasic lpiece lof lbrand ladvancement lwhich
lencourages lthe lbrand lto lstand lapart lfrom lthe lothers lright lnow
lshowcase. l
Advanced lshowcasing lincludes lthe ladvancement lof litems land
ladministrations lutilizing lcomputerized ldissemination ldirects lthat larrive lat
lpurchasers lin lan lopportune, limportant, lindividual, land lpractical lway. lAt
la lsignificant llevel, ladvanced lchannels lcan lhave lnumerous lclasses, lfor
lexample, lthe lweb, lversatile, lcomputerized loutside, land lany ltype lof
lintuitive ladvanced lmedia. lEvery lclass lhas lnumerous lcomputerized
lapparatuses/sub-channels lthat lcan lbolster ladvanced lshowcasing. lThese
linclude: l
*Web lEmail lflag lpromotions, ldevoted lsites, lspring lup ladvertisements,
lsupported lsubstance, lpaid lwatchword lsearch, lwebcasts, land lso lforth…
lMore lup lto ldate lchannels linclude linformal lcommunities, lwebsites, lwikis,
lgadgets, lvirtual lwords, lweb lbased lgaming land lso lforth… l
* lPortable lSMS,MMS, lversatile lWeb, lportable lapplication land lportable
lvideo l
* lAdvanced loutside l– lStills,/video lcomputerized lshow, lintelligent lstands l
* lIntuitive lcomputerized lmedium l– lintelligent lTV lslots l
Any lblend lof lthe labove lchannels lcan lbe lutilized lto lincrease lmost
lextreme lperceivability lwith lmost lextreme leffect lamong lfocused lclients,
lin lthis lway lempowering lmore lbusiness lat la lsensible lexpense. lWhile
ladvanced lchannels lenable ladvertisers lwith la lhuge lbit lof lleeway
lregarding ltheir lbroad lreach, lutilizing ltheir llatent lcapacity lrequires lviable
ladministration lof ldifferent lchannels lwith lcomplex lfactors lto lacknowledge
lideal lworth.
At laround l150 lmillion lWeb lclients, lIndia lcurrently lhas lthird lbiggest lWeb
lpopulace lon lthe lplanet lafter lChina l(at l575m) land lthe lUS l(at l275m). lAt
l150 lmillion lall lout lWeb lclients, lthe lWeb linfiltration lin lIndia lstays lat l12
lpercent lversus l43 lpercent lin lChina land l80 lpercent lin lthe lUS.
lNotwithstanding, lthe llow lentrance limplies lthat lIndia lpresents
lunmatchable ldevelopment lopen ldoor lfor lthe lWeb lpart lin lcoming lyears.
lIn lour lview, lIndia lwill lprobably lobserve lbrilliant ltime lof lthe lWeb
lsegment lbetween l2013 lto l2018 lwith lamazing ldevelopment lopportunity
land lmainstream ldevelopment lappropriation lfor lWeb lbased lbusiness,
lWeb lpromoting, lweb lbased llife, lsearch, lonline lsubstance, land
ladministrations lidentifying lwith lWeb lbased lbusiness land lWeb lpublicizing.
l
Here lis lthe lIndia lWeb lviewpoint lfor l2013, lthe lprimary lyear lfor lthis
lbrilliant lperiod. l
lWeb lentrance lwill larrive lat l15%. lAnticipate lthat lIndia lshould linclude
l30 lmillion lnew lWeb lclients lin l2013 land lcomplete lWeb lpopulace lto
lcontact l180mm. lThis lsuggests la l20% ldevelopment lin lthe lWeb lpopulace.
l
lTime lspend lonline lwill lrise land ldirectionally lbecome lequivalent lto lUS
land lChina. lAccording lto linquire labout levaluations, la lWeb lclient lin lIndia
lby land llarge lis lgoing lthrough l13 lhour lof lthe lweek land lthis lnumber lwill
lprobably larrive lat l16 lhours lout lof levery lweek. lThe lgradual ltime lspend
lonline lwill lto la lgreat lextent lbe lspent lvia lweb-based lnetworking lmedia,
lphotograph/video lsharing, lInternet lbusiness, land lutilities/banking/charge
linstallments. l
lPortable lWeb lclients lto lcontact l100M. lIndia lhas lalmost l950 lmillion
lversatile lsupporters land lnear l50 lmillion lor lless lthan l6 lpercent lof lthese
lportable lendorsers lget lto lWeb lby lmeans lof lportable lhandsets. lAlso,
lgauge lthat lin l2013 lthe lportable lWeb lentrance lwill lgo lup lfrom lnear l6
lpercent lto l10 lpercent land lIndia lcould ltwofold l
its lversatile lWeb lpopulace lin l2013 lat l100 lmillion lassessed lportable lWeb
lclients lby lend lof l2013. l
lWeb luse lwill lprobably lbecome lquicker lfor lfemale land lfrom lhome. lSo
lfar lIndia lWeb luse lis lintensely lscrewed ltowards lmale lsex land lfrom lwork
land linstructive lfoundations. lIn l2013, lWeb luse lwill ldevelop la llot lquicker
lfor lfemale land lfrom lhome laccess. lThis lquickening lwill lprobably loccur
lbecause lof lin lgeneral lWeb lselection lmoving lto lmasses. l
lInternet lbusiness lwill lprobably lcontact l$900M lin l2013. lAccording lto
lthe levaluations, lin l2012 lIndia lWeb lbased lbusiness lcame lto l$550 lmillion
lin lnet lincome land lwe lexpect lWeb lbased lbusiness lto lcontact l$900
lmillion lin lnet lincome lby lend lof l2013. l
lGreater lpart lof lInternet lbusiness ldevelopment lwill loriginate lfrom lrising
lurban lcommunities. lWhile, ltop l8 lurban lareas lin lIndia lmay lstay lat l45
lpercent lto l65 lpercent lof lcomplete lInternet lbusiness lfor ldifferent lOnline
lbusiness lorganizations, lwe laccept lthat lhigher ldevelopment ldelta lfor
lWeb lbased lbusiness lin l2013 lwill loriginate lfrom lrising lurban
lcommunities. lWe lcharacterize ldeveloping lurban lareas las lthe lurban lareas
lother lthan lTop-40 lurban lareas lin lIndia lfor lexample lBhatinda lin lPunjab
lor lKota lin lRajasthan. l
lWeb lpublicizing lwill lbe lthe lquickest ldeveloping lsub-part lof lthe lIndia
lWeb. lAccording lto lthe lappraisals, lIndia lWeb lpublicizing lproduced l$300
lmillion lin lincome lin l2012 land lcan ltwofold lin l2013 lto lreach l$600
lmillion. lAdditionally laccept lthat lloads lof lWeb lpromoting ldevelopment
lwill lcome lbecause lof lthe lascent lin lweb lbased llife, lportable lWeb, land
lnon-search land lsubstance ldriven lonline ladvertisement lorganizations, lfor
lexample, llead lage, lassociate lshowcasing, land lemail lpromoting land lso
lforth. l
lFinancing lcondition lfor lthe lWeb lnew lcompanies lto lstay ltesting lin
l2013. lSubsidizing lcondition lfor lthe lWeb lnew lbusinesses lto lstay ltesting
lin l2013 lin lIndia. lIn lmost lrecent l17 lyears, lIndia lhas lmade lunder l$5
lbillion lin lWeb lshowcase lcapitalization lversus l$600 lbillion lby lUS lWeb
larea land l$250 lbillion lby lChinese lWeb lpart. lParcel lnumerous lWeb
lorganizations lneed lto lturn linto lsignificantly lgreater lfor lthe lsubsidizing
lcondition lto ldial ldown.
lWeb lbased lbusiness lwill lprobably lobserve ldevelopment lof lproblematic
lplans lof laction land lsolidification. lInternet lbusiness lorganizations lthat lare
lconcentrating lon lprincipal lissues lwill lprobably lupset lthe lWeb lbased
lbusiness lindustry lin l2013. lOn lone lhand, lthe lkey lissues lare lthe lissues
lthat lissue lfor limproving lclient lencounters land lthe lcondition lof lthe
lbiological lsystem, lon lother lhand lconcentrating lon lessentials lof lbusiness
lversus ltossing lcash lat lthe lissue lwill lturn lout lto lbe ltotally lbasic.
lDominant lpart lof lthe lstock ldrove lE- l
Trade lplans lof laction lwill lprobably leither lconverge lwith lone lanother lor
ltake la lspecialty lvertical lposition. l
lStart-up lculture land lbiological lsystem lto lturn lout lto lbe lincreasingly
lacross lthe lboard. lIn lour lview, lthe lbeginning lup lculture land lstart lup
lbiological lsystem lare lgetting lprogressively lfar lreaching. lThe lseed land
lblessed lmessenger ladjusts lare lnever lagain lrestricted lto lMumbai, lDelhi
lor lBangalore land ldevelopment lof lstart-up lis lnever lagain lconstrained lto
lIITs lor lhuge lurban lareas. lWhile, lIndia lhas llong lapproach lversus lhaving la
lgenuine lSilicon lValley lfire lup lculture, lenvironment land lemotionally
lsupportive lnetwork, lIndia lis ltraveled ltoward lthat lpath. lEstablishing la
lbeginning lup lfollowing lgraduation lor lleaving la lremunerating lcorporate
lemployment lto ljoin la lbeginning lup, lor ldiscover lor lturn linto la lholy
lmessenger lspeculator lis lnever lagain lexceptional. lWhile, lthe l2013 lWeb
lfinancing lcondition lwill lprobably lbe ltesting, lthe lgeneral lWeb lfire lup
lbiological lsystem lwill lbecome lmore lgrounded land lincreasingly luniversal.
1.2 lRETAILING
Retailing lis lselling lof lproduct land lcertain ladministrations lto lthe lbuyer.
lRetailing lstarted la lfew lthousand lyears lprior. lThe lexercises lassociated
lwith lthe lselling lof lproducts lto lextreme lshoppers lfor lindividual lor lfamily
lutilization. lIt lis lamazingly lserious, land lthe ldisappointment lpace lof lretail
lfoundations lis lmoderately lhigh. lCost lis lthe lmost lsignificant lfield lof
lrivalry, lyet ldifferent lvariables lincorporate lcomfort lof larea, lchoice land
lshow lof lproduct, lallure lof lthe lfoundation, land lnotoriety. lThe lassorted
lvariety lof lretailing lis lobvious lin lthe lnumerous lstructures lit lcurrently
ltakes, lincluding lcandy lmachines, lentryway lto-entryway land lphone ldeals,
lpost loffice lbased lmail ladvertising, lthe lWeb, lmarkdown lhouses, lclaim lto
lfame lstores, lretail lchains, lgrocery lstores, land lbuyer lcooperatives. l
Whatever lstructure lit ltakes, lbe lthat las lit lmay, lthe lquintessence lof lgood
lretailing lcontinues las lbefore: lappealing, lfitting lproduct loffered lavailable
lto lbe lpurchased lin lan lalluring, leye-getting lway lat la lsensible lcost lat lan
ladvantageous larea. l
It lcustomarily lincludes lthe lselling lof lindividual lunits lor llittle lparts lto
lhuge lquantities lof lclients lby la lbusiness lset lup lfor lthat lparticular
lreason. lIn lthe lbroadest lsense, lretailing lcan lbe lsaid lto lhave lstarted lthe
lfirst loccasion lwhen lone lthing lof lsignificant lworth lwas ltraded lfor
lanother. lIn lthe lmore lconfined lfeeling lof la lspecific, lfull-time lbusiness
laction, lretailing lstarted la lfew lthousand lyears lback lwhen lsellers linitially
lstarted lpeddling ltheir lproducts land lwhen lthe lprincipal lcommercial
lcenters lwere lframed.
Similarly las lwith lmost ldifferent lbusiness lexercises, lretailing lis lincredibly
lserious, land lthe ldeath lpace lof lretail lfoundations lis lgenerally lhigh. lThe
lessential lchallenge lis lvalue lrivalry, lyet lthis lis ldirected lto lsome ldegree
lby lsuch lnon-value ltypes lof lrivalry las laccommodation lof larea,
ldetermination land lshow lof lproduct, lengaging lquality lof lthe lretail
lfoundation litself, land limpalpable lfigures, lfor lexample, lnotoriety lthe
lnetwork. lRivalry lfor ldeals lhas lprompted lan lobscuring lof lcustomary
lproduct lofferings lin lretailing, land lnumerous lfoundations loffer lan la llot
lmore lextensive lassortment lof lproduct lthan ltheir lessential
lcharacterization lwould ldemonstrate l(e.g., ldrugstores lmay lconvey
lnourishment, ldress, loffice lsupplies, lequipment, land lso lon.). l
Terms lCharacterized: l
Vending lMachine l- la lcoin-worked lmachine lfor lselling llittle larticles,
lrefreshments, land lso lforth. l
Direct-mail lmarketing l- larriving lat lthe lideal lcustomers lutilizing lprint
ladvertisements lin la ltype lof lpamphlets, lmessages. l
Discount lhouses l-retail llocation lthat loffers lstock lat ldeal lat llower lcosts
lthan lordinary lstores lthat lsell lstock lat llist lcosts lor lproposed lretail lcosts;
l
Specialty lstores l-are llittle lstores lwhich lhave lpractical lexperience lin la
lparticular lscope lof lproduct land lrelated lthings.
1.3 lINTRODUCTION lTO lONLINE lSHOPPING
Web lbased lshopping lis lthe lprocedure lwhereby lpurchasers
lstraightforwardly lpurchase lmerchandise, ladministrations land lso lon lfrom
la ldealer lintelligently lcontinuously lwithout la lmiddle lperson ladministration
lover lthe lweb. lWeb lbased lshopping lis lthe lway ltoward lpurchasing
lmerchandise land lenterprises lfrom ltraders lwho lsell lon lthe lWeb. lSince
lthe lrise lof lthe lInternet, ltraders lhave llooked lto loffer ltheir litems lto
lindividuals lwho lsurf lthe lWeb. lCustomers lcan lvisit lweb lstores lfrom lthe
lsolace lof ltheir lhomes land lshop las lthey lsit lbefore lthe lPC. lPurchasers
lpurchase lan lassortment lof lthings lfrom lonline lstores. lActually, lindividuals
lcan lbuy lpretty lmuch lanything lfrom lorganizations lthat lgive ltheir litems
lon lthe lweb. lBooks, lapparel, lfamily lunit lmachines, ltoys, lequipment,
lprogramming, land lmedical lcoverage lare lonly la lportion lof lthe lmany
litems lcustomers lcan lpurchase lfrom lan lonline lstore. l
Numerous lindividuals ldecide lto ldirect lshopping lon lthe lweb lon laccount
lof lthe lcomfort. lFor linstance, lwhen lan lindividual lshops lat la lphysical
lstore, lhe lneeds lto lhead lto lthe lstore, ldiscover la lstopping lspot, land
lstroll lall lthrough lthe lstore luntil lshe lfinds lthe litems lshe lneeds. lIn lthe
lwake lof lfinding lthe lthings lshe lneeds lto lbuy, lshe lmay lfrequently lneed
lto lremain lin llong lqueues lat lthe lsales lregister. l
In lspite lof lthe lcomfort lof lweb lbased lshopping, lnot levery lperson ldecides
lto lbuy lthings land ladministrations lon lthe lweb. lA lfew lpeople llike lthe
lpossibility lof ltruly lheading loff lto la lstore land lencountering lthe lshopping
lprocedure. lThey llike lto lcontact lthe lproduct, ltake la lstab lat lattire, land
lbe laround lothers. lInternet lshopping ldoesn\'t lallow lcustomers lto lcontact
litems lor lhave lany lsocial lcommunication. lIt ladditionally ldoesn\'t lpermit
lthem lto ltake lthe lproduct lhome lthat lday lthey lget lit. l
CHAPTER-2
REVIEW lOF lLITERATURE lAND
lRESEARCH lMETHODOLOGY
2.1 lINTRODUCTION
The lprimary lsegment lof lthis lpart lexamines lthe lwriting laudit laccomplished lfor lthis
lexamination lfollowed lby lthe lexploration lstructure lof lthis linvestigation lin ldetail lin
lthe lsubsequent lsegment. lA lwriting lsurvey lis lan lassortment lof lcontent lthat lintends
lto laudit lthe lbasic lpurposes lof lcurrent linformation lincluding lsubstantive ldiscoveries
ljust las lhypothetical land lmethodological lcommitments lto la lspecific lpoint. lWriting
lsurveys lare lauxiliary lsources, land lin lthat lcapacity, ldon't lreport lany lnew lor lunique
ltest lwork. lAdditionally, la lwriting laudit lcan lbe ldeciphered las la lsurvey lof la ldynamic
lachievement. lProcedure lis lthe lresponse lto lthe lwhy land lhow lthe lexamination lwas
lcompleted lin lany lcase. lThis lbuilds lthe lchance lof laccepting lsuitable lresponses lto lthe
lexploration lquestions land linfers limportant lbits lof lknowledge linto lthe lcurrent
lsubject. lThe lprinciple lfocal lpoint lof lthe lprocedure lhere lis ldriven lby lessential
lresearch, lhence lattempted lresearch lthat lis lnovel lin lnature. lClose lby lthis lit lfeatures
lthe ltechniques lthat lwould lbe lput lto luse lto linvestigate lthis lexamination. lThe
ldecision lof lresearch lapproach lis lthe lmain ltheme lexamined lright lnow, lby linformation
lassortment, ltest lchoice land linformation linvestigation.
2.2 lREVIEW lOF lLITERATURE
A lfew lspecialists lhave lcompleted linvestigations lin ltheir lpush lto linspect lcustomers'
lweb lbased lpurchasing lconduct. lFor linstance, lBellman let lal l(1999) lresearched
ldifferent lindicators lfor lwhether lan lindividual lwill lbuy lon lthe lweb. lThese lcreators
lpresumed lthat lsegment lfactors, lfor lexample, lpay, ltraining land lage, lmodestly laffect
lthe lchoice lof lwhether lto lpurchase lon lthe lweb, lthough lthe lmost lsignificant
ldeterminant lof lweb lbased lshopping lwas lpast lconduct, lfor lexample, lprior lonline
lbuys. lThis lis lsteady lwith lForrester lExploration lwhich ldemonstrated lthat lsegment
lfactors ldon't lhave lsuch la lhigh leffect lon linnovation las lthe lshoppers' lperspectives ldo
l(Modahl, l2000). lSteinfield land lWhitten l(1999) lrecommended lthat lthe lblend lof lthe
lWeb, lin laddition lto lphysical lnearness, lgives la lgreater lnumber lof lchances lto lcatch
lbusiness lthan lthe lonline lnearness, lsince lthey lcan lgive lbetter lpre-buy land lpost-deals
ladministrations lto lbring ldown lpurchaser lexchange lcost land lconstruct ltrust lin lonline
lstores. lNonetheless, lit lmerits lreferencing lthat lconvictions land lmentalities lthat lare
lfound lin lthe lphase lpreceding lthe lreception lof lweb lbased lbusiness lare ldiverse lto
lthose lin lthe l―post-adoption‖ lorganize l(Gefen let lal, l2003; lVenkatesh land lDark
lcolored, l2001; lYu let lal, l2005). l
Concerning lthe lvariables lthat limpact lor limpede lweb lbased lshopping, lErnst land
lYouthful l(2000) lannounced lthat lWeb lclients lbought lonline lon laccount lof lgood litem
ldetermination, lserious lcosts, land lusability, lyet lwere lworried labout ldelivery lcosts,
labsence lof lchance lto learlier llooking lat lthe litems, ljust las, lthe lprivacy lof lMastercard
land lindividual ldata. lKnow land lLee l(2003) linvestigated lcustomers' linterests labout
linstallment lsecurity land lits lrelationship lto lweb lbased lshopping ldisposition land
lgenuine lbuys. lThey lwatched la lnegative lconnection lbetween ldemeanor ltowards lweb
lbased lshopping land lworries labout lonline linstallment lsecurity. lCustomers lwith lan
luplifting lmentality lappear lto lbe lless lworried labout linstallment lsecurity. lSo lalso,
lmainstream lwriting lrefered lto lsimplicity lof lshopping lexamination, llow lcosts,
lconvenient lconveyance, laccommodation, lefficient, llow lsending lcosts, limproved lclient
lsupport, lcharge labsolved lstatus land lexpedient lemail lreaction, las lkey lpurposes
lbehind lthe lexpansion lin linternet lshopping l(Lorek, l2003; lMagee, l2003; lMaloy, l2003;
lRetail lMerchandiser, l2003).
Published: l2007
The lreport ldiagrams labout lthe lmost lpertinent lconduct lqualities lof lonline
lpurchasers land lanalyze lthe lmanners lin lwhich lthey ldiscover, llook lat land
lassess litem ldata. lExamination lof lthe lrecently lgathered lreview
linformation lwith lthe lcurrent lshopper lconduct lhypothesis lbrought labout
lidentification lof lvarious lissues lidentified lwith la lparticular lbuyer
lgathering. lThe lmotivation lbehind lthis lreport lis lto lmake lan linterpretation
lof lthese ldiscoveries linto la llot lof lusage lexercises lon lkey land lmechanical
llevel. lExecution lof lthese lproposals lwill lbring labout lbetter ltransformation
lof lguests linto lclients land lsupport lclient lreliability land lreferrals. l
The lcenter lgathering lof lthis linvestigation lwill lbe lyouthful lgrown-ups
lmatured lsomewhere lin lthe lrange lof leighteen land lthirty-four lkeen lon
lpurchasing la lcell lphone lor la lrelated litem. l
Research lby lDisregard land lYunjie l(2006) lindicated lthat lthere lare litem
ltypes, lwhich lare lbound lto lbe lsold lonline, lfor lexample, lprogramming,
lbooks, lhardware land lmusic. lExplanation lbehind lthis lis lwhen lbuying
lthese lsorts lof litems, lone ldoesn't lrequire lindividual lassessment land
lmost, lif lnot lall lhighlights, lcan lbe lsketched lout lin lthe litem ldepiction
land lpictures. lMost litems lin lthe lcell lphone lfamily lhave la lplace lwith lthis
lclass. l
As lindicated lby lthe longoing lexamination lon lpurchaser lconduct lon lthe
lWeb lclients l(Cotte, lChowdhury, lRatenshwar land lRicci, l2006), lthere lare
lfour lunmistakable lshopper lbunches lwith lvarious lgoals land linspirations: l
• lInvestigation l
• lDiversion l
• lShopping l
• lData l
Lion's lshare lof lyouthful lgrown-ups lmet lfor lmotivation lbehind lthis
lexamination lwill lin lgeneral lbe ldynamic ldata lsearchers. lA lsignificant llevel
lof lmechanical lcertainty linside lthis lgathering lwill lin lgeneral lbe lan
lempowering lfactor lwith lregards lto litem ldata lexplore lon lthe lweb.
The laccompanying lexamination lpresents lboth, lcenter lgathering lresults
land lconduct lhypothesis lin lan lequal lmanner lseparated linto ltwo lprinciple
linquire labout lpoints: l
• lData lRecovery land lSearch lExamples l
• lView lof lItem lData lOn lthe lweb l
These ltwo lzones lare lcommonly lreliant land lespecially lsignificant lin la
lmarket lwhere lbuyers lhave lthe lability lto lpick lthe lcorrect litem lfrom
lvarious lcontending lproviders. lVery lmuch lorganized litem ldata lthat lcan't
lbe lfound leffectively lonline lis las la llot lof lan lissue las lis lhaving leffectively
lavailable ldata lthat ldoesn't lmeet lthe lcustomer's ldesires. l
Petrovic lDejan l(2006) lin lhis linvestigation lon lExamination lof lpurchaser
lconduct lonline lclarified lthat lthe lmost lpertinent lsocial lattributes lof
lonline lshoppers land linspect lthe lmanners lin lwhich lthey ldiscover, llook lat
land lassess litem ldata. lCorrelation lof lthe lrecently lgathered lstudy
linformation lwith lthe lcurrent lshopper lconduct lhypothesis lbrought labout
lidentification lof lvarious lissues lidentified lwith la lparticular lcustomer
lgathering. lThe lreason lfor lthis lreport lis lto lmake lan linterpretation lof
lthese ldiscoveries linto la llot lof lusage lexercises lon lvital land linnovative
llevel. lExecution lof lthese lsuggestions lwill lbring labout lbetter lchange lof
lguests linto lclients land lenergize lclient ldependability land lreferrals. lThe
lcenter lgathering lof lthis linvestigation lwill lbe lyouthful lgrown-ups lmatured
lsomewhere lin lthe lrange lof leighteen land lthirty-four lkeen lon lpurchasing
la lcell lphone lor la lrelated litem. l
Evade l&Yunjie l(2006) lin ltheir linvestigation lindicated lthat lthere lare litem
ltypes, lwhich lare lbound lto lbe lsold lonline, lfor lexample, lprogramming,
lbooks, lgadgets land lmusic. lPurpose lbehind lthis lis lwhen lbuying lthese
lsorts lof litems, lone ldoesn't lrequire lindividual linvestigation land lmost, lif
lnot lall lhighlights, lcan lbe llaid lout lin lthe litem ldepiction land lpictures.
lMost litems lin lthe lcell lphone lfamily lhave la lplace lwith lthis lclassification.
lAs lindicated lby lthe longoing lexamination lon lshopper lconduct lon lthe
lWeb lclients l(Cotte, lChowdhury, lRatenshwar& lRicci, l2006), lthere lare lfour
lunmistakable lcustomer lbunches lwith lvarious laims land linspirations:
Investigation
Diversion l
Shopping l
Information
- lDay lby lday lrefreshed lassortment lof lmusic lrecordings land lverses.
lDominant lpart lof lyouthful lgrown-ups lmet lfor lreason lfor lthis
lexamination lwill lin lgeneral lbe ldynamic ldata lsearchers. lAn lelevated llevel
lof linnovative lcertainty linside lthis lgathering lwill lin lgeneral lbe lan
lempowering lfactor lwith lregards lto litem ldata linvestigate lon lthe lweb.
lThe laccompanying linvestigation lpresents lboth, lcenter lgathering lresults
land lsocial lhypothesis lin lan lequal lmanner lseparated linto ltwo
lfundamental lresearch lsubjects: lData lRecovery land lSearch lExamples
lImpression lof lItem lData lOnline lThese ltwo lterritories lis lcommonly lneedy
land lespecially lsignificant lin la lmarket lwhere lbuyers lhave lthe lability lto
lpick lthe lcorrect litem lfrom lvarious lcontending lproviders. lAll laround
lorganized litem ldata lthat lcan't lbe lfound leffectively lonline lis las lquite la
lbit lof lan lissue las lis lhaving leffectively lopen ldata lthat ldoesn't lmeet lthe
lconsumer\'s ldesires. l
Anders lHasslinger; lSelma lHodzic; lClaudio lOpazo l(2008-02-01) lin ltheir
lexamination lthey ldemonstrated lthat lformed linto lanother lcirculation
lchannel land lonline lexchanges lare lquickly lexpanding. lThis lhas lmade la
lneed lto lsee lhow lthe lshopper lsees lonline lbuys. lThe lmotivation lbehind
lthis lexposition lwas lto lanalyze lif lthere lare la lspecific lfactors lthat limpact
lthe lonline lshopper. lEssential linformation lwas lgathered lthrough la lstudy
lthat lwas lled lon lunderstudies lat lthe lCollege lof lKristianstad. lValue, lTrust
land lComfort lwere lrecognized las lsignificant lelements. lCost lwas lviewed
las lthe lmost lsignificant lfactor lfor la llion's lshare lof lthe lunderstudies.
lBesides, lthree lsections lwere lrecognized, lHigh lSpenders, lValue lEasers land
lDeal lSearchers. lThrough lthese lsections lwe lfound la lvariety lof lthe
lvarious lvariables lsignificance land lset lup lsuggestions lfor lonline lbook
lshops.
Be lthat las lit lmay, lclient's leagerness lto lbuy lonline lcould lbe linfluenced
lby lone's lindividual lneeds land lthese lnecessities lcan lbe l‗Need lfor
lcognizance'. lConsidering lthese langles, lan loverview lis lled lto lknow lthe
lobservation ltowards lweb lbased lshopping lon lFlipkart.com.
2.6 lHYPOTHESIS
H0(Null lHypothesis): lThere lis lcentrality ldistinction lin lthe ladministrations
lof lFlipkart lon lconsumer lloyalty. l
H1(Alternative lHypothesis): lThere lis lno lhugeness lcontrast lin lthe
ladministrations lof lFlipkart lon lconsumer lloyalty.
Since lthe lideal ldegree lof lthe lWorth, lQuality, lFulfillment lfrom lan
lassistance lis lconstantly lsatisfactory lto lthe lclient.
2.8 lMETHODOLOGY
Research lDesign
―Research limplies lvarious lthings lto lvarious lpeople‖ land lthe lexpectation
lbehind lit lare lto lexamine lincalculable linformation, lhypotheses,
lencounters, lideas land llaw. l―The lprocedural lsystem linside lwhich lthe
lexploration lis lconducted‖ lis lthe lmeaning lof lresearch ltechnique. lThe ltwo
lexpansive land lunmistakable lways lto ldeal lwith lsocial lresearch lspread lthe
lQuantitative land lSubjective ltechniques lfor lenquiry. l
The lquantitative lworldview lthen lagain lmeans lto lincrease la lmore
lprofound lgetting, linformation land lunderstanding linto la lspecific
lcircumstance lor lwonder, lby lgiving lresponses lto linquiries lof lhow?' las
lopposed lto lwhat?'. lNot lat lall llike lsubjective lresearch lwhich lhappens lin
lcommon lsettings, lquantitative lresearch lis lthe lplace ltheories lare lbuilt lup.
Data lcollection
The linformation lrequired lfor lunderstanding lwill lbe lgathered lfrom
ldifferent lonline lclients. lSo las lto llead lthe lexamination lcomputerized
lstudy lwas lled lthrough lfacebook land lemail. lWhat's lmore, lthose lreactions
lare lgathered lin la lspreadsheet land lfurther lexamination lwas lfinished. l
The linformation lassortment ltechnique lright lnow lincludes ltwo lstructures:
lto lbe lspecific lessential land loptional linformation. lOne lshould lbe lcautious
lwhile lutilizing loptional linformation las lpossibly lthe lgathered linformation
lmight lbe lone-sided las lthe lgatherer lof lthat lunique linformation lmay
lhave lfeatured ljust la lfractional lpicture lor lanother langle lmight lbe lthat
linformation lmight lbe lvery lold land lfurthermore lthe linformation lquality
lcould lbe lobscure.
Primary ldata
―Data lgathered lexplicitly lfor lthe lexamination lventure lundertaken‖ lis lthe
lmeaning lof lessential lresearch las lgave lby lSaunders let.al l(2003: lpp. l486).
l
Essential linformation lis lfor lthe lmost lpart lstarted lby lany lspecialist lto
laddress la lparticular lissue lor lissue lclose lby, lwhere lthe lmain ldownside lis
lthat lit ltends lto lbe lcostly land ltedious. lThe ldifferent lmethods lfor lsocial
levent lessential linformation lis lthrough loverviews, lcenter lgathering land
lperceptions. l
Right lnow, lessential linformation lis lgathered lthrough lall laround lshaped
lpoll lwith lthe lassistance lof la lcomputerized lreview. lThe lsurvey lcomprises
lof lquantitative land lsubjective lvarious ldecision lquestions land lthe
lrespondents lare lapproached lto lpick lthe lone ldecision lwhich lsuits lthem
lthe lbest lamong lthe lnumerous ldecisions.
Secondary lData
Essential lto lthe lassortment lof lessential linformation lis la lcautious
lexamination lof lthe lcurrent lauxiliary linformation l(Malhotra, l2005). lThe
lInformation lthat lis lgathered lfrom lexisting ldiaries, lreports land linsights
lfrom lprivate land lopen lorganizations lare lcalled lAuxiliary linformation. lFor
lthis lparticular linvestigation lthe lassortment lof lauxiliary linformation lwas
ldone lessentially lfrom ladvertising ldiaries leffectively laccessible lon lthis
ltheme. lAuxiliary linformation lcauses lthe lcreator lto lgrasp lthe limpression
lof lIndian lpurchasers lon linternet lshopping. l
In lthis lmanner lthe lexamination ldid lhas ldissected lthe lessential
linformation lwith lthe lreason land lapproval lof lthe lpresent lauxiliary
linformation.
Sample ltechnique
Picking lan lexamination ltest lis la lsignificant ladvance lin lany lexploration
lventure lsince lit lis lonce lin la lwhile lproficient, ldown lto learth, lor lmoral
lto lconsider lentire lpopulaces. lRight lnow lexamining lsystem lutilized lis
ladvantageous ltesting. lThe lexample lsize lis l100. lA llittle lpiece lof
lsomething lproposed las lillustrative lof lthe lentire, lor la lsubset lof la
lpopulace. lRight lnow larbitrary linspecting lis lbeing lutilized.
Data lcollection
The ldata lcollection lwould lbe:
l
PRIMARY lDATA: l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l
lQuestionnaire l
SECONDARY lDATA: l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l l lJournals,
lInternet, lnewspaper letc.
Sample ldesign
Online lclients lof lBangalore lcity lare lincorporated lunder lthis lexploration
land ltell ltheir lfulfillment llevel.
Data lsource
Both lEssential land lOptional lwellspring lof linformation lwould lbe lutilized
l.The lsignificant lkind lof ldata lis lutilized lfrom lessential linformation.
2.9 lLIMITATIONS lOF lTHE lSTUDY
No lexamination lis lfinished lwithout lconceding lthe limpediments lthat lwas
lconfronted lwhile lleading lan linvestigation lwhich lwill ladd lto lshow
llearning. lThis linvestigation ltoo llike lthe lothers lhave lcertain lcompels
lwhich lhas lbeen ltalked labout lbeneath. l
The lexamination lwas llimited lto lBangalore lcity las lit lwere l
The lexamination lis lfundamentally lfocused lon lFlipkart.com l
lThe lexample lof lthe lsize lwill lbe lconstrained lto ltime land lassets l
The ldata lwill lbe lgathered lsubstantial luntil lthere lis lno lany
lspecialized
change lor lany ladvancement l.
The loutcome lis lexpecting lthat lrespondents lhave lgiven lexact ldata
PROFILES
3.1 lINDUSTRY lPROFILE l
Retailing lin lIndia lis lstep lby lstep lcreeping lits lway ltoward lturning linto
lthe lfollowing lblast lindustry. lThe lentire lidea lof lshopping lhas lmodified las
lfar las larrangement land lshopper lpurchasing lconduct, lintroducing lan
lupset lin lshopping lin lIndia. lPresent lday lretail lhas lentered lIndia las lfound
lin lrambling lstrip lmalls, lmulti-celebrated lshopping lcenters land limmense
lbuildings loffer lshopping, ldiversion land lnourishment lall lunder lone
lrooftop. lThe lIndian lretailing lsegment lis lat lan lexpression lpoint lwhere
lthe ldevelopment lof lcomposed lretailing land ldevelopment lin lthe
lutilization lby lthe lIndian lpopulace lis lgoing lto ltake la lhigher ldevelopment
ldirection. lThe lIndian lpopulace lis lseeing la lcritical lchange lin lits
lsocioeconomics. lA lhuge lyouthful lworking lpopulace lwith lmiddle lage lof
l24 lyears, lfamily lunits lin lurban lzones, lalongside lexpanding lworking-ladies
lpopulace land ldeveloping lopen ldoors lin lthe ladministrations lpart lwill lbe
lthe lkey ldevelopment ldrivers lof lthe lretail ldivision lin lIndia. lRetailing lin
lIndia lis ladvancing lquickly, lwith lshopper lspending ldeveloping lby
lphenomenal lrates land lwith lexpanding lno lof lworldwide lplayers lputting
lresources linto lthis lsegment. lComposed lretail lin lIndia lis lexperiencing la
ltransformation land lis lrelied lupon lto lscale lup lto lfulfill lworldwide
lguidelines lthroughout lthe lfollowing lfive lyears. lIndia's lretail lshowcase lhas
lencountered lgigantic ldevelopment lover lthe lprevious ldecade. lThe lmost
lnoteworthy ltime lof ldevelopment lfor lthe larea lwas lbetween lyear l2000
land l2006, lwhen lthe ldivision lincomes lexpanded lby labout l93.5% lmeaning
la lnormal lyearly ldevelopment lof l13.3%.The lsegments ldevelopment lwas
lsomewhat lan limpression lof lthe lgreat lIndian lfinancial ldevelopment land
lby land llarge lascent lin lpay llevel lof lshoppers. lClothes land lcustomer
ldurables lare lthe lquickest ldeveloping lvertical lin lthe lretail ldivision. lCell
lphone las lan litem lclassification lhas lseen lthe lmost lelevated ldevelopment
lin lthe lshopper lrequest lamong lall lretail litems loffering, lwith lexpanding
lentrance lof lmedia ltransmission lin ltowns land ltowns. lThe lmedia
ltransmission lsegment lhas lbeen lincluding la lnormal l5 lmillion lnew lclients
lconsistently. lThe lother litem lclassifications lare lpicking lup lfooting
ldominatingly lin lthe lurban lterritories land ldeveloping lurban lcommunities,
lwith lexpanding lnormal lpay land lspending lintensity lof lyouthful lurban
lIndia.
b) lDisorderly lsegment l
India's lretail lis loverwhelmed lby lan lenormous lnumber lof llittle lretailers
lcomprising lof lthe lneighborhood lkirana lshops, lproprietor lkept lan leye lon
lgeneral lstores, lscientific lexperts, lfootwear lshops, lclothing lshops, lpaan
land lbeedi lshops, lpushcart lpeddlers, lasphalt lsellers land lso lon lwhich
ltogether lmake lup lthe lalleged lSloppy lretail. l
Sorted lout lretail lis lreflected lin lrambling lstrip lmalls, lmultiplex-shopping
lcenters land lcolossal lbuildings lwhich loffer lshopping, lamusement land
lnourishment lall lunder lone lrooftop. lThe llast l3-4 lyears lhave lseen lthe
lsection lof lvarious lcomposed lretailers lOpening lstores lin ldifferent lcurrent
larrangements lin lmetros land lother lsignificant lurban lareas. lSorted lout
lretailing lhas lstarted lto ltap lthe lgigantic lmarket lyet lits loffer lis llittle.
lVarious lenormous lbusiness lhouses lhave lentered lthe lretail lbusiness lwith
laspiring ldevelopment lplan. l
Be lthat las lit lmay, lfeelings lare lpartitioned lon lthe leffect lof ldevelopment
lof lsorted lout lretail lin lthe lnation. lConcerns lhave lbeen lraised lthat
ldevelopment lof lsorted lout lretail lmay ladversy laffect lretailers lin lthe
lsloppy lpart. lIt lhas ladditionally lbeen lthat ldevelopment lof lcomposed
lretailing lwill lyield lefficiencies lin lproduction lnetwork, lempowering lbetter
laccomplishment lto lbusiness lsectors lto lmakers l(counting lranchers land
llittle lmakers) land lempowering lmore lsignificant lexpenses, lfrom lone
lperspective land, llower lcosts lto lcustomers, lon lthe lother. l
In lIndia, lcomposed lretail lcontributed lgenerally l4% lof lthe lall lout lIndian
lretail l2006-07, lwhich lwas lexceptionally llittle leven lcontrasted land lthe
lmajority lof lthe ldeveloping lbusiness lsector lfinancial laspects.
lNotwithstanding, lFollowing l7 lyears, lit lwas lanticipated lthat ldeveloped lat
la lcompound lpace lof l40-45 lpercent lfor levery lannum land lwas levaluated
lto lcontribute l16% lto ladd lup lto lIndian lretail lby l2011-12.
2) lExpanding lNO. lOF lDouble lSalary lFamily lunits: lIn lIndia, lrobust
lcompensation lparcels, lfamily lunit lalongside lexpanding lworking lladies
lpopulace land ldouble lpay lin lfamily lare lthe lvariables ladding lto
lprosperous lretail lpart. l
3) lCHANGING lWay lof llife lAND lPurchaser lConduct: lBecause lof lexpanding
lworking lpopulace, lagreeable llife, ltravel land lrecreation lare lgiven
lsignificance. lThese lkey lelements lare ldevelopment ldrivers lof lretail
lsegment lin lIndia lwhich lpresently lgloat lof lretailing lpractically lall lthe
linclinations lof llife l– lclothing land ladornments, lApparatuses, lGadgets,
lbeauty lcare lproducts land lToilets lcries land lso lforth. l
The lweb lbased lbusiness land lWeb lsegment lhas ldeveloped lquickly,
lexperiencing la lfew lparticular lstages lsince lits lbeginnings lduring lthe
l1970s: l
The lWeb lis lconceived: lFirst, lthere lwere lthe lgood l'ol ldays, lwhen lthe
lWeb lwas lseen lby lnumerous lindividuals las la ldomain lfor lnerds ljust, lone
lthat lwould ldeliver lhardly lany, land lbusiness lundertakings. lAt lfirst
lstructured lin l1973, lthe lWeb lwas la lprogression lof lcorrespondence
lconventions lcomposed lby lVinton lCerf las la lcomponent lof la ltask
lsupported lby lthe lU.S. lBranch lof lResistance's l―Defence lPropelled
lExploration lUndertakings lAgency‖ l(DARPA). lThe lprimary lshowing lof la
lthree-organize lWeb lconvention lbased lassociation lhappened lin lNovember
l1977. lIn lthe lend, lan lall laround lempowered lWeb lwas lturned lout lin
l1983, lfundamentally las la lsafeguard lstrategy lfor lguard linterchanges land
las la lmethods lfor lanalysts lat ldifferent lcolleges lto limpart. l
The lInternet lis lMade: lNext, lthe lInternet land lthe lcoding llanguage lof
lHTML lwere limagined lin l1989 land lactualized lsomewhere lin lthe lrange lof
l1990 land l1993 lby lTim lBerners-Lee, lempowering lan lendless lhyperlinked
ldigital lexistence lwhere lsharing lboundless linformation lbecame leasy lto
lunderstand lbecause lof lthe lenchantment lof lconnected lpages. l
The lBlast lResults: lBeginning lin l1993 land l1994, lbusiness lvisionaries land
lagents lunderstood lthat lhyperlinked, lelectronically lposted linformation
lcould lbe lmarketed lwith ltremendous, lworldwide lpotential. lA lsensational
ltransformation lin lretailing, ldistributing land ldiversion lwas limagined, lone
lin lwhich lpurchasers land lrepresentatives lthe lsame lwould lenergetically
lpay lfor lthe lcomfort lof lweb lbased lshopping, lexchanging land lreview lof
ldistributed linformation. lA lfinancial lblast lfollowed, lany lsemblance lof
lwhich lhadn't lbeen lseen lsince lthe lbeginnings lof lprior lmechanical
lachievements: lpower, lthe lrailroad, lthe lphone, lthe lvehicle land lthe
ltraveler lconveying laircraft. l
A llarge lnumber lof lconfident lnew lorganizations lwere lpropelled.
lCapitalization lfor lthese lnew lWeb lempowered lorganizations lwent lfrom
ldestitute lendeavors lpropelled lwith lVisa lcard lcredit llines, lto lorganizations
llike lWeb lVan lthat lgot ltremendous ltotals lfrom lexpertly loversaw
linvestment lfirms ljust lto lbomb lpitiably. lAbout l6,000 lnew lfirms lof lcritical
lsize lraised la ltotal laggregate lof lmore lthan l$100 lbillion lin lfunding lin lthe
lblast ltime lframe l(1994-2000). lAround l450 lof lthese lorganizations loffered
ltheir lstock lto lthe lopen lby lmeans lof lInitial lpublic lofferings l(introductory
lopen lcontributions). lSecurities lexchanges ltook loff land lmoment lvery lrich
lpeople lwere lmade. lPeople land lfamilies lfrom lvarying lbackgrounds lwager
ltheir linvestment lfunds lon linnovation lstocks land lviewed ltheir lriches lrise
lrapidly. lAdventure lsubsidizes lthat lgot lthe lmoney lfor lout learly lharvested
lincredible lgains, land lagents lhandily lfound lextra lfinancial lspecialists lfor
lnew lfunding lpools. lThe lNASDAQ lrecord lof lstocks lrose lto l5,000 lby lfrom
lthe lget-go lin lthe lyear l2000, land lthe lExecutive lof lthe lCentral lbank
lcautioned lof l―exuberant loptimism.‖ lSome lsaid lthis lblast lcouldn't llast—
others lsaid lit lwas lthe lstart lof la l―new leconomy‖ lthat lwould lkeep lgoing
lforever. l
The lBust l: lIn lmid-2000 lthe lWeb lbusiness lentered la ldisheartening land
linauspicious lstage lafter lthe lNASDAQ lcrumbled lin lSpring, lpushing lthe
lwhole ldivision lto lthe lbrink lof lcollapse. lA lhuge lnumber lof lindividuals
llost ltheir lpositions. lStock lportfolio lesteems lplunged. lA llarge lnumber lof
lfirms lshut ltheir lentryways, lpetitioned lfor lfinancial lprotection, lscaled
ldown lor lwere lgathered lup lat ldeal lcosts lby lcontenders. lVenders lof
lequipment, lprogramming, lcounseling land lbroadcast lcommunications
ladministrations lendured lforcefully. lBusiness lpeople ldiscovered lit lalmost
ldifficult lto lraise lassets lto ldispatch lor lsupport ltheir lorganizations. lThe
lfantasy lof la l―new leconomy‖ lturned linto la lbad ldream lfor lcertain—
benefits ldespite leverything lmatter; lbusiness lcycles ldespite leverything
loccur. l
The lTruth lStage: lBy lmid l2003, lthis lcurrent lsegment's lforeboding
lshadows lwere llessening, land la l―reality lphase‖ lwas lcoming lto lfruition.
lThoroughly lthought lout, lWeb lbased lorganizations lwere ldemonstrating
ltheir lworth. lPurchasers lhad lbecome lcommitted lenthusiasts lof lpurchasing
lover lthe lWeb. lOrganizations lof lvarious ltypes lwere lfinding lthat lthe lWeb
lmakes lgenuine lworking lefficiencies land ldrives lbenefit. lFor linstance,
lwhile lthe lmajority lof lthe laircraft lbusiness lendured lhorrendously las lof
llate, lesteem lbased lmarkdown lcarriers lsouthwest land lJetBlue ldelighted
lin lprevalent lmoney lrelated lexecution, lin lno llittle lpart lin lview lof ltheir
lutilization lof linternet lbusiness lto lproductively lbook lreservations land lsell
ltickets lon lthe lweb. l―Efficiency‖ lis lthe lmost lsignificant lfactor lin lthe
lweb lbased lbusiness land lWeb larea's lfreshly ldiscovered lachievement.
lBuyers lsee lthe lWeb las la ldynamite lapproach lto lproductively luse ltheir
lshopping land lbanking lendeavors. lExplorers lsee lthe lWeb las la lproficient
lmethod lto lbook llodgings lrooms land lplane lseats. lCorporate lacquirement
ldirectors lsee lthe lWeb las lthe lmost lproductive lapproach lto lbuy lrequired
lmerchandise land lstock. lA lhuge lnumber lof lindividuals loverall ldiscover
lemail, ltexting land lVOIP lcommunication lto lbe lthe lmost lproductive
lapproaches lto limpart. l
Low lCosts lFuel lthe lConsistent lWorldwide lDevelopment lStage: lToday,
laccess lto lquick lWeb, lboth lwired land lremote, lis laccessible lat ldeal lcosts
lin la ldeveloping limpression lover lthe lglobe. lIndeed, leven lin lmoderately
llacking lcountries, lthe ltwo lshoppers land lorganizations lhave ldeveloped lto
ldepend lon lthe lWeb lfor lregular lneeds. lThe l―second lbillion‖
larrangement lof lclients lworldwide lhas lbeen lcome lto, land lthe lthird
lbillion lis lplainly lin lsight lover lthe lmid-term, las lless lexpensive lgadgets
lkeep lon lmultiplying. lPortable lprocessing lis lquickening lat lblasting lpace
lon laccount lof leconomical lphone lplans loffering lupgraded lWeb lget lto. l
In lthe lmean ltime, lthe lexpense lof lcreating land lkeeping lup lsites lhas
ldove, lopening lthe lentryway lto la llarge lnumber lof lself-subsidized
lbusiness lvisionaries, land lmaking lit lsimpler lfor linvestment lfirms lto
lsupport lnew lcompanies lutilizing llow lmeasures lof lmoney. lPatterns, lfor
lexample, lopen lprogramming land ldistributed lcomputing, lalongside
lsecluded limprovement lapparatuses, lhave lmade lit lsimpler, lquicker land
lless lexpensive lto lbegin ladvanced lsites.
3.1.2.3 lHistory lof lOnline lShopping
History lof lWeb lbased lShopping lbegins lin lthe lrelatively lrecent lpast. lTim
lBerners-Lee lmade l"The lInternet lBrowser" lin l1990. lIn1994 lnot lmany
ldifferent ladvancements loccurred. lOnline lbank, lthe lfirst lof lits lsort
lopened lfor lthe lcurrent lyear. lAnother ladvancement lwas lopening lof
lonline lpizza lshop lby lpizza lhovel. l
Around lthe lsame ltime lNetscape lacquainted lSSL lencryption lwith
lempower lencryption lover lthe linformation lmoved lon lthe lweb. lThis llater
lturned linto lthe lneed lof lweb lbased lshopping. lIn l1995, lAmazon lbegan
lactivity, lone lof lthe lbiggest lweb lbased lshopping lcenter lat lthis lpoint. lAt
lthat lpoint lin l1996 leBay lbegan lits linternet lshopping lentrance. l
1998 lsaw lutilization lof lelectronic lpostage lstamps, lwhere lindividuals lcan
ldownload land lprint lpostal lstamps lin lthe lwake lof lpaying lostensible
lexpense. lIn l1999 lthe lprincipal lonline lshop lin lUK lpropelled.
3.1.2.4 lOnline lShopping lin lIndia
Web lbased lshopping lis lvery lnormal lnowadays lin lthe lcreated lworld lthan
lit lwas laround l5 lyears lback lyet lit lisn't lthe lequivalent lin lIndia lfor lits
lown larrangement lof lreasons. lIn lcreated leconomies lbuyers llocate lthe
loverall lweb lan lextraordinary lspot lfor ldeal lchasing, lwith lmost
lmerchandise laccessible lat llower lcosts lthan lin la lblocks land-mortar lstore.
lYet, lcomfort lhas lall lthe learmarks lof lbeing la lmuch lgreater lfascination las
luncovered lin loverviews lin llight lof lthe lfact lthat lmost lonline lcustomers
llocate lthe lpacked lhigh lroad lexcessively lunpleasant. l
In lspite lof lthe lfact lthat lweb lbased lshopping lhas lseen ldevelopment lin
lIndia lyet lit lis las lyet lnot lunavoidable llike lthe lwest land lthe ldevelopment
lis llikewise lconstrained lto lspecific lterritories llike lonline ltravel lbooking
land lmaybe lstock lexchanging l(which lreally lisn't lunadulterated lweb lbased
lbusiness). lThe lfundamental lmotivation lbehind lwhy lcustomers lin lIndia
lare lnot lready lto lshop lonline lis lthat lthey ldon\'t lget lany lgenuine lworth
lor limpetus. lLikewise lthey lare lwatchful labout lextortion, lconveyance land
lclient lsupport land ltheir lfeelings lof ltrepidation lare lnot lnonexistent. l
Web lbased lshopping lIndia llocales loffer la lwide lassortment lof litems lto
lpick las lindicated lby lyour lpreferences land lspending lplan. lShopping lon
lthe lweb lin lIndia lconstantly loffer ladvantage lof lcost las lonline lstores
ldon't lneed lto lspend lon lbuilding land llooking lafter lshowrooms. lWhat's
lmore loverwhelming llimits lare loffered lon ldifferent lwell lknown litems lto
ldraw lin loverall lclients lto lone lsite. lSome lweb lbased lshopping lIndia
llocales ladditionally loffer lonline lcoupons, lblessing lauthentications land
llimited ltime lcodes las luncommon lideas lthrough lwhich lthe litems lcosts
lare ldecreased las lit lwere. lWeb lbased lshopping lin lIndia lis lsimple land
lbrisk las lwide lassortment lof litems lare lsorted lin lan lextremely
ladvantageous lway, lwith lthe lgoal lthat lit lwill lbe lsimple lfor lyou lto llocate
lthe lspecific litem lyou lneed. l
Probably lthe lgreatest lbit lof lleeway lof lonline lstores lis lthat lthey lgive
ltotal land lexplicit ldata llike, litem lportrayal, lparticular, lmodel, lsize, lhues,
lcosts, lclient lsurveys land ldifferent linsights lregarding levery lsingle litem
loffered lby lthem. lBest lof lall, lthey lare laccessible l24*7; lalong lthese llines,
lyou lcan lshop lat lyour lown lcomfort. l
Today lan lever lincreasing lnumber lof lindividuals llike lto lpurchase litems
lfrom lonline lstores lin lIndia, las lyou lcan ldiscover lwide lclassifications lof
litems ldirectly lfrom ldevices, lgarments, lfootwear, lfurniture, lgems, lbooks,
lmusic, land lendowments lto lsome lmore. lIn lthis lway, lwhichever litem lyou
lwish lto lget, lyou lessentially lneed lbarely lany lsnaps land lthe litem lwill lbe
lconveyed lto lyour ldoorstep.
3.1.3 lE-COMMERCE: lA lMAJOR lINDUSTRY lTREND
Electronic lbusiness, lor lweb lbased lbusiness, lincludes lthe loffer lof
lmerchandise land lenterprises lby lmeans lof lelectronic lmethods—basically
lover lthe lweb, ldespite lthe lfact lthat ldeals lthrough lTV l(earthbound, llink,
land lsatellite) lare ladditionally lincluded. lOnline lbusiness lcan lbe
ladditionally lseparated linto lthe laccompanying lparts: lbusiness-to-business
l(B2B), lbusiness-to-government l(B2G), lpurchaser lto-shopper l(C2C),
lgovernment-to-business l(G2B), lgovernment-to-resident l(G2C), land
lbusiness-to-customer l(B2C). lRetailers lthat ldepend lessentially lon lweb
lbased lbusiness lto lsell lproducts lor ladministrations lare lregularly lalluded
lto las le-rears. l
The lterm l"Electronic lcommerce" l(or lweb lbased lbusiness) lalludes lto lthe
lutilization lof lan lelectronic lmedium lto lcomplete lbusiness lexchanges.
lMore loften lthan lnot, lit lalludes lto lthe loffer lof litems lby lmeans lof lWeb,
lhowever lthe lterm lweb lbased lbusiness llikewise lcovers lbuying lsystems
lthrough lWeb l(for lB-To-B). l
A lcustomer lwho lbuys lon lthe lWeb lis lknown las la ldigital lpurchaser. lWeb
lbased lbusiness lisn't ljust lconstrained lto lonline ldeals, lyet lin laddition
lcovers: l
Web lbased lshopping lhas lbecome la lwell lknown lpattern lin lIndia lnow.
lIndividuals lhave lbeen lgetting la lcharge lout lof lthe lcomfort lof lhaving
ltheir lrequest lsent lright lto ltheir ldoorstep. lIn lany lcase, lindividuals
lfrequently lget lbefuddled lin lchoice lof ldependable llocales las lthere lare la
lplenty lof ldestinations, land leverybody lprofesses lto lbe lsolid. lBe lthat las lit
lmay, lin lgenuine ljust lfew lare lsufficient. lAlong lthese llines lto lencourage
lyou, lhere lis lour lpick lof ldriving l10 lweb lbased lshopping ldestinations. l
eBay.in lis lone lof lIndia\'s ldriving lon lthe lweb lcommercial lcenter. lIt lis lan
lonline lcommercial lcenter lwhere lanybody lcan lexchange lessentially
lanything. lIt lis la lstage lfor lthe loffer lof lproducts land lenterprises lby la
ldiffering lnetwork lof lpeople land lorganizations. leBay lclients lexchange lin
lexcess lof l50,000 lclasses lincluding lcollectibles, lcollectibles, lsports
lmemorabilia, lPCs, lIT land loffice, lcraftsmanship, lcollectibles, ltoys, ldolls,
lstamps, lfunnies, lmagazines, lmusic, lstoneware, lglass, lphotography,
lgadgets, ladornments land lgemstones, lguarantees lthe lorganization. l
Style land lYou lis la lgreeting ljust lonline lgoal. lIt lincludes lthe lbest
lUniversal land lIndian larchitect lmarks lin lextravagance, lhey ldesign land
lway lof llife lencounters lfor lmen, lladies, lyoungsters land lyour lhome. l
Flipkart.com lis la lweb lbased lhacking lwebsite lthat llets lclients lshop
ldifferent lthings lincluding lbooks, lversatile lfrill, lcameras, lgame lconsoles,
lMP3 lplayers, lhome land lkitchen lapparatuses land lsignificantly lmore,
lonline lat llimited lcosts. lIt loffers lnumerous lstrategies lto lmake
linstallments lfor lrequest: lVisa, lplatinum lcard, lnet lBanking, le-blessing
lvoucher land lmoney ldown. lThe lrequest lis lfor lthe lmost lpart lconveyed
linside l3-4 lworking ldays. l
MyGrahak.com lis lsaid lto lbe lIndia\'s lbiggest lonline lStore. lIt lsells la lwide
lscope lof litems llike lFMCG, lNourishment, lNon lNourishment, lStaple, lRice,
lGourmets land lothers. lAlluring loffers lare llikewise laccessible lfor lshopping
lon lthe lweb lat lMyGrahak.com l
Futurebazaar.com lis lone lof lIndia\'s lbiggest lonline lretailers land lis la lpiece
lof lFuture lGathering lproprietor lof lbrands llike lLarge lBazaar, lPantaloons
land lFocal. lIt loffers la lwide lrange lin lcameras, lbuyer ldurables, lhome
lstylistic llayout, lhome lamusement, lmachines land lgadgets, lversatile. l
Homeshop18 lis la lvirtual lretailer lworking lin la lsight land lsound lcondition
lthat lincorporates lTV, lweb, lindex land lprint lto lsell ltop lnotch litems land
ladministrations lstraightforwardly lto lpurchasers lthe lnation lover. lIt
lbargains lin lbooks, lmotion lpictures land lmusic, lendowments land
lblossoms, lmobiles land lembellishments, lcamera land lcamcoders,
lhardware, lPCs land lperipherals, ltoys land lgames land lsubstantially lmore. l
Myntra.com lis lan linternet lshopping lgoal lfor ldesign land lway lof llife
litems. lIt llets lyou lshop lonline lfrom lthe lmost lrecent linventory lof lunique
lmarked litems lin lclothing, lfootwear land ladornments lfor lmen, lladies land
lchildren.
Snapdeal.com lsite lprofesses lto loffer l50-90 lpercent loff lday lby lday lrebate
lbargains lin lsignificant lurban lcommunities lof lIndia. lIt lis ltouted lto lbe lthe
lone-stop-look lfor lbenefiting lrebate lcoupons/vouchers lfor lcafés, lspa,
lexercise lcenters, ltravel/occasion lbundles land lother lcool lthings lin lyour
lcity. l
Letsbuy.com lis la lWeb lretailer lof lmarked lCustomer lhardware land lIT
litems, lwhich lprofesses lto loffer lin lexcess lof l9000 litems lfrom ltop
luniversal land lhousehold lbrands. lThe lorganization lbargains lin linnovation
litems llike lnote lpads, lprinters, lorganizing, ladvanced lcameras, lstockpiling
land lCustomer lgadgets, lfor lexample, lLCD ltelevisions, lcell lphones, lMP3
lplayers, lgaming land lhome lhardware. l
Mydala.com lis la lstage lwhich lgets lyou lextraordinary lgives lyou lneed lin
lyour lcity. lIt lprofesses lto loffer larrangements levery lday l- l40-95 lpercent
loff lon lthe lbest lof leateries, lshopping, land lsalons lin lyour lcity.
3.2.1 lFLIPKART.COM
Flipkart lis lan lIndian lweb lbased lbusiness lorganization lheadquartered lin
lBangalore, lKarnataka. lIt lwas lestablished lby lSachin lBansal land lBinny
lBansal lin l2007. lIn lits lunderlying lyears, lFlipkart lconcentrated lon lonline
loffers lof lbooks, lhowever lit llater lextended lto lelectronic lmerchandise land
lan lassortment lof ldifferent litems. lFlipkart loffers ldifferent linstallment
lstrategies llike lMastercard, lcheck lcard, lnet lbanking, le-blessing lvoucher
land lMoney ldown. l
Flipkart lwent llive lin l2007 lwith lthe lgoal lof lmaking lbooks leffectively
laccessible lto lany lindividual lwho lhad lweb lget lto. lThey're lavailable
lacross ldifferent lclassifications lincluding lfilms, lmusic, lgames, lmobiles,
lcameras, lPCs, lhuman lservices land lindividual litems, lhome lapparatuses
land lgadgets l– land las lyet ltallying! l
With lover l11.5 lmillion lbook ltitles, l11 lunique lclasses, lin lexcess lof l2
lmillion lenlisted lclients land loffer lof l30000 lthings levery lday, lthey're lone
lof lthe lmain lweb lbased lbusiness lplayers lin lthe lnation. l
Their lprosperity lis lto la lgreat lextent lbecause lof ltheir lfixation lon lgiving
lclients la lcritical linternet lshopping lexperience. lBe lit lMoney ldown, la l30-
day lsubstitution lstrategy, lEMI lchoices, lfree lsending l- land lobviously lthe
lextraordinary lcosts lthat lthey loffer. lAt lthat lpoint lthere\'s ldevoted
lFlipkart lconveyance lgroup lthat lworks lnonstop lto lby land lby lensure
lbundles lreach lon lschedule. lFor lthe ltime lbeing lthey\'re lavailable lin l27
lfortunate lurban lareas, lhowever ldon\'t lstress, lplans lare lin lprogress lto
lspread lto lnumerous lothers.
3.2.2 lHistory lof lFlipkart.com
Flipkart lwas lestablished lin l2007 lby lSachin land lBinny lBansal, lthe ltwo
lgraduated lclass lof lthe lIndian lFoundation lof lInnovation, lDelhi. lThey
lworked lfor lAmazon.com lbefore lstopping land lestablishing ltheir lown
lorganization. lThe ltwo lof lthem lwere lstrong lcoders land lneeded lto lopen
lan lentryway lthat lthought labout lvarious linternet lbusiness lsites, lyet
lthere lwere lnot lreally lany lsuch llocales lin lIndia land lthey lchose lto lbring
lforth ltheir lown lweb lbased lbusiness ladventure l- lFlipkart.com.
In lthis lway lwas lconceived lFlipkart lin lOct l2007 lwith lan lunderlying
lventure lof l4 llac l(fellow lbenefactors lreserve lfunds). lIt lwas lnever lgoing
lto lbe lsimple lsince lIndia lhad la lterrible lpast lencounters lwith linternet
lbusiness lexchanging. lIt lwas lanything lbut la lsimple lportion lto lbreak linto,
lindividuals lwere lextremely lspecific lin lpaying lcash lfor lsomething lwhich
lthey lhad lnot lseen land lgotten. lThe ltrust lwas labsent lin lthe lIndian
lclients. lSo lwhat lFlipkart lneeded lto ldo lwas lto lingrain ltrust land
lconfidence lin ltheir lclients. lWhat's lmore, lthey ldid lthe lvery lsame llater. l
At lfirst lthey lutilized linformal lshowcasing lto lpromote ltheir lorganization.
lFlipkart lstarted lwith lselling lbooks, lsince lbooks lare lanything lbut ldifficult
lto lsecure, ltarget lshowcase lwhich lperuses lbooks lis lin lplenitude, lbooks
lgive lmore ledge, lare lanything lbut ldifficult lto lpack land lconvey, ldon't lget
lharmed lin ltravel land labove lall lbooks lare lnot lover lthe ltop lexpensive,
lso lthe lmeasure lof lcash la lclient lneeds lto lspend lto levaluate lone\'s
lassistance lfor lone ltime lis lexceptionally lnegligible. lFlipkart lsold lbooks lfor
lthe linitial ltwo lyears. lA lcouple lof lmonths lafter lthe lfact, lthe lorganization
lsold lits lfirst lbook lon lFlipkart.com—John lWoods\' lLeaving lMicrosoft lto
lChange lthe lWorld. l
Flipkart lbegan lwith lthe ltransfer lmodel l(acquisition ldependent lon
lrequest) lfor lexample lthey lhad lties lwith l2 lmerchants lin lBangalore, lat
lwhatever lpoint la lclient lrequested la lbook, lthey lused lto lactually lget lthe
lbook lfrom lthe lvendor, lpack lthe lbook lin ltheir loffice land lafterward
lmessenger lthe lequivalent. lIn lthe lunderlying lmonths lthe lfounder\'s lclose
lto lhome lcell lnumbers lused lto lbe lthe lclient lservice lnumbers. lIn lthis
lway, lin lthe lbeginning lthey lattempted ltheir lbest lto loffer lgreat
lassistance, lcenter laround lthe lsite l- lsimple lto lperuse land lrequest land
lbother lfree, land lendeavored lhard lto ldetermine lany lclient lissues. lSince
lthere lwere lno lsettled lplayers lin lthe lmarket, lthis lpermitted lthem la
lgreat ldeal lof lroom lto ldevelop, land lthey ldid lin lreality lbecame lquickly.
3.2.3 lFlipkart lToday
Today, laccording lto lAlexa ltraffic lrankings, lFlipkart lis lamong lthe lbest l20
lIndian lSites land lhas lbeen lcredited lwith lbeing lIndia\'s lbiggest lonline
lbook lshop lwith lmore lthan l11 lmillion ltitles lon loffer. lThe lstore lbegan
lwith lselling lbooks land lin l2010 lstretched lout lto lselling lCompact ldiscs,
lDVDs, lcell lphones land lembellishments, lcameras, lPCs, lPC ladornments
land lperipherals, land lin l2011, lpens land lstationery, lother lelectronic
lthings, lfor lexample, lhome lmachines, lkitchen lapparatuses, lindividual
lconsideration lcontraptions, lhuman lservices litems land lso lforth. lFurther lin
l2012, lFlipkart lincluded lA.C, lair lcoolers, lschool lsupplies, loffice lsupplies,
lcraftsmanship lsupplies land lway lof llife litems lto lits litem lportfolio.
lStarting ltoday, lThe lOrganization lbegan lfrom l2 lrepresentatives land lnow
lutilizes lin lexcess lof l4500 lindividuals. l
Flipkart.com lbegan lfrom lselling lbooks lin l2007, lsituated lin lBangalore, land
lentered lthen lshopper lgadgets lclassification lwith lthe ldispatch lof lcell
lphones, lin lSeptember l2010. lFrom lthat lpoint lforward lit lcontinued
lincluding lall lthe lmore lnew litems lclassifications lincluding lbooks, lmobiles,
lPCs, lcameras, lhome land lelectronic lgadgets& lmachines, lnotwithstanding
lthese lAs lof llate, lFlipkart.com lhas llikewise lextended lits lraid lby lgoing
linto lthe lrising ladvanced lsubstance ladvertise lwith lthe longoing ldispatch
lof lFlyte, lthe lcomputerized lmusic lstore land lis las lyet lproceeding lto lgrow
lits litem lportfolio. lIt lis lpresently lone lof lthe lmain lweb lbased lbusiness
lplayers lin lIndia, lat lpresent lpositions lat lthe ltop l20websites lin lIndia,
lspread lin l37 lurban lareas, lwith l11.5 lmillion lor lmore lbook ltitles, l14
ldistinct lclassifications, l3 lmillion lor lmore lenrolled lclients land loffer lof
l30000 lthings levery lday. lIt lgives lonline-customers lan lessential lweb lbased
lshopping lexperience las la lresult lof lits lcreative ladministrations llike: l
• lMoney ldown, l
• l30-day lsubstitution lapproach, l
• lSimple lRegularly lscheduled lpayment lalternatives l(EMI), l
• lFree ldispatching l
• lLimited lcosts land larrangements l
Flipkart lbegan lwith ltransfer lmodel las lexamined labove, lsince lthe lvast
lmajority lof lthe lclient lissues llike lconveyance ldelays land lso lforth lresult
lfrom lacquirement lmodel, lthe lorganization lbegan lopening lits lown
lstockrooms las lit lbegan lgetting lmore lventures. lThe lorganization lopened
lits lfirst ldistribution lcenter lin lBangalore land llater lon lopened lstockrooms
lin lDelhi, lKolkatta land lMumbai. lToday lthe lorganization lworks lwith lin
lexcess lof l500 lproviders. lAs lon ldate lover l80% lrequests lof lFlipkart lare
ltaken lcare lof lby lmeans lof ldistribution lcenters lwhich lhelp lin lsnappy land
lproficient lassistance. l
A lmodest lstart lfrom lbooks, lFlipkart lnow lhas lan lextent lof litems
lextending lfrom: lMobile lphones, lworkstations, lPCs, lcameras, lgames,
lmusic, lsound lplayers, lTV\'s, lmedicinal lservices litems, lclothes lwashers
land lso lon land lso lforth. lAll lthings lconsidered, lFlipkart ldetermines
laround lhalf lof lits lincome lfrom lselling lbooks lon lthe lweb. lFlipkart lis lthe
lIndian lmarket lpioneer lin lselling lbooks lboth ldisconnected land lon lthe
lweb, lit lappreciates lan lonline lportion lof laround l80%. lThe lelectronic
lthings lhave lan lenormous lnumber lof lplayers llike lNaaptol, lLetsbuy,
lIndiaplaza, lTradus, lInfibeam, lYebhi land lso lon. lThe lelectronic lpiece lof
lthe loverall lindustry lis lappropriated lamong lthem lin lvarious lobscure
lextents. l
India lhas laround l13.5 lcrore lweb lclients ltoday lwhere las lthe lquantity lof
lhomes lwith lLink land lSatellite l(C&S) lTV lis l10.5 lcrore. lThe lnormal lweb
lclients lwill larrive lat la lfigure lof l30 lcrore lby l2014 land lC&S lhomes lare
lrelied lupon lto lbe l14 lcrore lby l2014. lSubsequently lIndia lhas la lcolossal
lweb ldevelopment land lwith lthe lclients lgetting lfamiliar lwith lweb lbased
lbusiness, lthe leventual lfate lof linternet lbusiness ldivision lis lunquestionably
lruddy. lAn lapproximated l25 llac lindividuals lhave lexecuted lonline lthis
lyear, lthe lnumber lis lgood lto lgo lto lincrement lwith ltime. l
Likewise lto lmake lreference lto lthe lvast lmajority lof lthe lFlipkart lclients
luse lweb lfrom lPC\'s/Workstations lto larrange lmerchandise. lThe lutilization
lof lportable lweb lis lexceptionally lless lright lnow, lyet lwith lthe lappearance
lof ladvanced lmobile lphones lthe lutilization lof lversatile lweb lfor lweb
lbased lbusiness lexchanges lwill ltake loff lwith ltime. lIndia lhas l8 lcrore
lversatile lnet lclients lright lnow, lthe lnumber lis lrequired lto lexpand lto
l22.5 lcrore lby l2014. l
Flipkart lhad lan lincome lof l4 lcrore lin lFY l2008 l- l2009, l20 lcrore lin lFY
l2009 l- l2010, l75 lcrore lin lFY l2010 l- l2011, land lthe lincome lfor lFY l2011 l-
l2012 lwhich lfinishes lon l31 lBlemish l2012 lhad l500 lcrore. lThis lis lfor lsure
lan lenormous ldevelopment. lThe lorganization ltargets lincomes lof l5000
lcrore lby l2015.
3.2.4 lEvolution lof lLogos
3.2.5 lFunding
lAt lfirst lfinanced lby lthe lBansals lthemselves lwith l4 lLakhs l(INR). l
lFlipkart lhas lfrom lthat lpoint lforward lraised ltwo lrounds lof
lsubsidizing lfrom linvestment lreserves lAccel lIndia l(in l2009) land
lTiger lWorldwide lAdministration l(up lto lthe ltune lof lUS$10 lmillion)
l(in l2010). l
lPrivate lvalue lfirms lCarlyle land lGeneral lAtlantic lare lin lconverses
lwith lmutually lcontribute labout l$150 lmillion lto l$200 lmillion lin
lFlipkart, las lindicated lby lsources.
3.2.6 lAcquisitions
2010: lWEREAD, la lsocial lbook lrevelation ldevice. lThe lexpressed
lobjective lwas lto lgive lFlipkart la lsocial lsuggestion lstage lfor
lpurchasers lto lsettle lon leducated lchoices ldependent lon
lproposals lfrom lindividuals linside ltheir linformal lcommunity. l
2011: lMime360, lan ladvanced lsubstance lstage lorganization. l
l2011: lChakpak.com lis la lBollywood lnews lsite lthat loffers
lrefreshes, lnews, lphotographs land lrecordings. lFlipkart lprocured
lthe lrights lto lChakpak's ladvanced linventory lwhich lincorporates
l40,000 lfilmographies, l10,000 lmotion lpictures land lnear l50,000
levaluations. lFlipkart lhas lcompletely lsaid lthat lit lwon't lbe
lengaged lwith lthe lfirst lsite land lwon't lutilize lthe lbrand lname. l
l2012: lLetsbuy.com lis lIndia\'s lsecond lbiggest le-retailer lin
lgadgets. lFlipkart lhas lpurchased lthe lorganization lfor lan
lexpected lUS$ l25 lmillion.
2. lAge lGroup: l
3. lOccupation: l
Table l4.3: lOccupation lwise lrespondents
4. lEducational lQualification: l
Table l4.4: lEducational lwise lrespondents
5. lAnnual lIncome: l
Table l4.5: lIncome lwise lrespondents
Behavioural lfactors:
This loverview lis ldirected lon lthose lindividuals lwho ldo linternet lshopping
land lknow labout lFlipkart. lSo leverybody laddressed l‗yes' lfor lthose ltwo
linquiries.
6) lFrequency lof lpurchase lfrom lonline: l
HYPOTHESIS l
Hypothesis lAnalysis
H0 l(Invalid lHypothesis): lThere lis lcriticalness ldistinction lin lthe
ladministrations lof lFlipkart lon lconsumer lloyalty. l
H1 l(Elective lHypothesis): lThere lis lno lcriticalness ldistinction lin lthe
ladministrations lof lFlipkart lon lconsumer lloyalty.
Table l4.17: lChi-square ltest ltable l1
So lin lChi-square ltest ltable-1 lcell lare lthere lwhich lhave lunder l5 lqualities,
lthe ltable lought lto lbe ladjusted lby lcombining llast lthree lsegments. lSo
lthe ladjusted ltable lfor ltest lis las lper lthe lfollowing:
Comparison: l
5.1 lFINDINGS:
lThere lisn't la llot lof ldistinction lin lsexual lorientation lfor lutilizing lweb
lbased lshopping. l
lUnderstudies land lsalaried lpeople lare lmost lregular lclients lof lFlipkart. l
lRecurrence lof lprocurement lfor lgadgets, lbooks land lmusic, larray land
lembellishments lare lmore lin lFlipkart. l
lVerbal lexchange lwas lincreasingly lcompelling lin ladvancement lthe lsame
lnumber lof lindividuals lwere lcaused lmindful lby ltheir lloved lones lwhen
lclients lto lprescribe lthis lsite lto lthem. l
lExceptionally llimited litems lescaped lstock lrapidly, lsince lclients lbought lit
lwhen lthey lcould lwhen lthey lsee lhigh lrebate lon lgreat lincluded litem. l
lThe ladministrations lgave lby lFlipkart lare lacceptable land lconsiderably
lmore lextent lof ladvancement lis lthere lfor lexpanding lthe lclient lquality. l
lComputerized lshowcasing lprocedures llike lweb lindex lshowcasing, ljoins
lgiving lother lsite land lnotice ladditionally lworked lwell lfor ladvancement lof
lthis lsite. l
lQuick lconveyance lis lone lof lbest lassistance lFlipkart lis lgiving. l
lDistinctive linstallment lalternatives laccessible lin lFlipkart lmade lclients
lprogressively lfulfilled land lcomfort lfor lpaying lwhile lat lthe lsame ltime
lbuying litem.
lClients lfeeling lmore lverified lwhen lbuying lthrough lFlipkart lin llight lof
lvarious larrangements land ladministrations lthey lhave. l
lIn lexamination lwith lcontenders, lFlipkart lis lcharging lfree ldispatching lfor
lthe lacquisition lof l300 lor lmore lrupees, lwhile lothers lfree lboat lthe
ladministration lwith lno lobstruction. l
lOut lof lstock lis lthe lprinciple lissue llooked lby lFlipkart. l
lThe lmajority lof lclients lhave lgreat linvolvement lin lFlipkart lwhile lbuying
litems. l
lThe lmajority lof lthem lare lhappy lwith lthe ladministrations lof lFlipkart
lthus lthat lthey lprevail lwith lregards lto lholding lthe lclients. l
lPublicizing lis la lsignificant lmethod lto lhave lthe lbrand land litems lwell-
known lto lpurchasers. l
lAccommodation land lefficient lare ltwo lsignificant lcomponents lthat lclient
lsearching lfor lwhile lbuying lthrough lon lthe lweb.
5.2 lRECOMMENDATIONS:
lFlipkart lhas leffectively lset litself linto lthe lpossibilities lmind lmaking lit
lthe lIndia's lbiggest lonline lstore lwith lenormous lscope lof litems. lIn lany
lcase, lit ldespite leverything lneeds lto lchip laway lat ltheir lcenter lability
lthat lis lbooks land lstationery lthings. l
lConveyance ladministrations lcan lbe limproved lprimarily lin lcountry
lterritories lby lchoosing lsuitable lmessenger ladministration lwhich lhas
lbenefits lin lclient lterritory lfor ldispatching la lthing. l
lCan lmake lfree lconveyance lto lall levaluated litems. l
lCan lincorporate lmore lcoupon lcodes land lblessing lvouchers lfor
lexpanding lthe ltraffic lof lthe lclients. l
lOut lof lstock lthings lcan lmade laccessible lat lthe learliest lopportunity
land lprivate lthe lrequired lclients. l
lShould lsearch lfor lUniversal/Abroad lmarkets lor lNeighboring lNations. l
lMinimum lamount lof lWeb lclients l– lWeb lclients lin lIndia lis lexpanding
lat lexpanding lrate, lso lFlipkart lcan ltarget lmore land lmore lurban
lcommunities li.e llevel l1 land l2 las lwell las llevel l3 land l4 lurban
lcommunities, lwhich lwill lhelp lproduce lmore lgrounded lclient lbase land
lmore lincomes. l
lShould lclearing lcenter laround lthe lDeveloping lOn lthe lweb lAttire
lbusiness land lit lcan lexpand linto lclothing lclass leither lnaturally lor
linorganically lby lgetting ldifferent lentries. l
lClient lExperience: lEntry lought lto lpersistently lintend lto lwork lto
limprove lthe lclient lexperience lby lincluding lmore land lprogressively
limaginative lhighlights lin lthe lsite llike lpractically lshopping lcrate, lvirtual
lpreliminary lrooms. lRight lnow lto lseparate lby lmeans lof lclient lexperience,
la ldefinitive lchamp lwill lbe lthe lIndian lonline lshopper. l
lOught lto lcompletely lput linto lE-CRM land lonline lnotoriety lthe
lexecutives. l
lCoordinations land lProduction lnetwork: lcan lconstantly lplan lto ldecrease
lthe lconveyance ltime lcycle. l
lCost lwill lin lany lcase lbe la lfactor las lamazon lbeing lan limmense
lorganization lwill lutilize lits leconomies lof lscale lto lexpel ltheir lrivals lfrom
lthe lmarket; lhence lthey lshould lbe lincreasingly lserious lon lthat
lperspective.
5.3 lCONCLUSION:
The lintensive lexamination ldepends lon lthe lshopper lconduct linvestigation
lwhich lserves lan lextraordinary lthought lin lregards lto lpurchaser
ldiscernment lwhen lthey lgo lfor lweb lbased lshopping. lSo las lto lfulfill
lthemselves lshopper lsee lnumerous lthings lbefore lpurchasing litems land
lthey lwill lbe lfulfilled lif lthe lorganization lmeet ltheir ldesire. l
The lGeneral lBrand lEstimation lof lFlipkart lis lacceptable, lyet lit lis
lconfronting lsome lextreme lchallenge lfrom lits lworldwide lrivals llike lEbay
land lAmazon. lDiscussing lresidential lmarket li.e lIndia, lit lis lthe lmost
lunrivaled lE-business lgateway lwhich lis lforcefully lgrowing land lplanting lits
lunderlying lfoundations lprofound linto lthe lIndian lmarket land
lsimultaneously lmoving lthe loutlook lof lthe lindividuals lfrom lgoing land
lshopping lfrom lphysical lstore lto lonline lstores, lwhich lis leminent!. l
Be lcentered laround lshoppers land lfabricate lstunning lencounters lfor lthe
lclients.
BIBLIOGRAPHY: l
BOOKS: l
Assael, lHenry. l(1984.) l―Behavior land lMarket lAction‖. lBoston, lMassachusetts: lKent
lPublishing lCompany, l
Belch, lG.E., l& lBelch, lM.A. l(2001). lAdvertising land lPromotion: lAn lintegrated
lMarketing lCommunications lPerspective l(5th led.). lBoston: lIrwin/McGraw- lHill. l
Cooper, lDonald lR. land lSchindler l, lPamela lS. l(1999), lBusiness lResearch lMethods, l6
lTata lMcGraw-Hill lPublishing lCompany lLimited, lNew lDelhi, lIndia. l
Creswell, lJ. lW. l(2003). l―Research lDesign: lQualitative, lQuantitative, land lMixed
lMethods lApproaches‖. lThousand lOaks, lCA, lSage. l
Easterby-Smith, lM., lThorpe, lR. l& lLowe, lA. l(2002), lManagement lResearch l2nd
ledition, lLondon: lSage. l
Remenyi, lD., lWilliams, lB., lMoney, lA. land lSwartz, lE. l(1998), l―Doing lResearch lin
lBusiness land lManagement‖, lSage lPublications, lLondon. l
HOT lBARGAINS: lTIPS lTO lFIGURE lOUT lTRAPS lFROM lTHE lREAL lVALUE
lDEALS l
SUSHMITA lCHOUDHURY lAGARWAL, lET lBureau lApr l22, l2013 l(The lEconomic lTimes)
WEBSITES: l
www.Flipkart.com l
www.commodityindia.com l
www.marketoperation.com l
www.nextbigwhat.com l
www.britannica.com l
en.kioskea.net l
www.ecommerce-land.com l
www.commodityindia.com l
www.marketoperation.com l