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In recent years, technology has been dabbling in the fashion world. With the shift from brick-
and-mortar retail shopping, technology’s impact has been difficult to ignore – especially with
e-commerce in full force.
The Online Fashion Retail Industry, particularly at the luxury end,seems to be doing
well. Over the past few years, a lot of money has been invested in fashion retail businesses.
Online shopping is the process of buying goods and services frommerchants who sell on
the internet since the emergence of world wideweb,merchants have sought to sell their
products to the people who surf theinternet.Shoppers can visit web stores from the comfort
of their homes andshop as they sit in front of computers.With the online shopping a person
logs onto the internet visit the storeswebsite and choose the items he desires.The items are
held in virtualshopping cart until she is ready to make her purchase. The process can
beconducted in the web hours of the morning or late into the night onlinestore never get
closed-they are opened 24 hours a day.
Chapter 1
Global online retail sales are growing and is estimated to reach 8.8% of total retail spending
in 2018 as compared to 7.4% in 2016. In terms of country, UK has the highest retail E-
commerce sales as %age of total retail sales (15.6%) , followed by China (13.8%), Norway
(11.5%), Finland (10.8%) and South Korea (10.5%).
Estimated online retail sales worldwide:
Year Retail Sales (In trillion USD) %age of total retail sales
2014 $1,316 5.9%
2015 $1,592 6.7%
2016 $1,888 7.4%
2017 $2,197 8.2%
2018 $2,489 8.8%
Top 10 countries with retail E-commerce sales as %age of total retail sales:
Nearly One in Four online shopper shop online at least once a week:
Chapter 2
1.www.farfetch.com is
an innovative global e-
commerce company
characterized by a
progressive growth and
a singular logistic development, with a high business potential and the ambition of becoming the
largest luxury platform on the market, connecting shoppers with more than 450 luxury
boutiques through a unique logistical experience.Selected by Fast Company as one of the
Top 50 world’s most innovative companies in retail and style of 2016, Farfetch will be
described in a case study that will provide an accurate overview of the company. The design
process involved in each strategic decision will be investigated, as well as the key factors
adopted in order to stand out into the luxury creative industry with an incremental
innovation.
On every website is the search button , you can enter the name of the product you want , or the
brand , and you will find it. All three have filters , started from the categories :
Farfetch : women – you can go to : new in , trending, designers,clothing , shoes , bags , accesories
,jewellery, vintage or sale
H&M : Woman , Man , Divided , Kids, h&m home , Sales , they also have an search button.
From these categories you can go to :new arrivals , trending now ,shop by product , campaings,shop
by concept ;
Colours
Brands
Colour
Size
On every site you have to add your wanted product into the cart , then you can choose either you
checkout or shop other things.After check out you can see all your products that you add to your cart
, you can also delete if you change your mind. You can see the total sum and then go next where you
have to enter your personal data , adress ,number,etc. Before you place your order you have to read
and accept the terms and conditions.
Post-order actions (change your password / delivery address / newsletter subscription, track order
status, order cancellation, order confirmation mail, order tracking, order receipt, return initiation,
return tracking, return confirmation, etc.)
Change your password: all 3 websites
Track order status: From every website you will receive emails letting you know your order status.
Order receipt: all 3 sites will give you a proform , after the order arrives , you will get a receipt
Return: You can return to all 3 webites , but it depends on the law from every country in how days
you are allowed to.
Return trcking : also you will received emails with the situation from all 3 websites.
Chapter 4
Chapter 4
*The analysis of the websites from the e-commerce point of view according to
Trusted.ro.
We’ll create a table and we’ll illustrate for each website each requirement from the
paperwork.
Each requirement will be grade 1 is for good and 0 is for not good. Afterwards we’ll
make a comparative analysis and chart it to show which is the most recommended website
according to our opinion.
Websites
Requirements
1.The website
has been Yes(1) Yes(1) Yes(1)
operating for at
least 6 months
Trendish.ro has stated There aren’t well There aren’t well
2.If it is stated on very clean and clear the cleared displayed, cleared displayed,
the website the social headquarter and the hidden in the hidden in the
details regarding fiscal form at the very website website
bottom of the website. (1)
the fiscal form and (0) (0)
On trendish we could see the We weren’t able to On
social capital as well (1) find the social farfetch.com/ro
capital on the same issue,
h&m.co.uk (0) there aren’t any
details about the
social capital(0)
13. The payment methods accepted by the store are displayed 14. Mentioning the online
payment processor with a link to its website 15. Ways of delivery - post, personal or external
couriers etc. - and delivery times 16. Mention if the store sells abroad 17. Statement that the
store owns the copyright or the use of the content - text and images 18. E-mail address where
anyone can report
any copyright provided preprinted
return form.(0)
infringement Couriers or by post(1) Couriers or by Courier only (0)
reported to the site post(1)
19. The store is not Those 14 days according to It has return and Those 14
Romanian legislation (1) withdraw policy days
reported as
according to according to
spamming 20.
UK Romanian
Legal (and It isn’t mentioned (0) It isn’t mentioned It isn’t mentioned
government legislation (1)
commercial if (0) (0)
legislation(1)
applicable) It is in clear stated at the At
The customer must be over Thethe upper left
customer must It
Theis mentioned(1)
customer
warranty and 18 bottomandof must
the page(1)
possess a corner(1)
be over 18 and must be over 18
aftersales service valid credit card (1) must possess a and must possess
21. Product valid credit card (1) a valid credit
Return Policy (Right card
to withdraw from the To the customer service To the customer (1)
To the customer
contract) The
department
customer(1)service The customer
service service
department The customer
department(1) service
(1) department
service (1)
22. Additional department(1) department(1)
conditions (minimum
age, minimum It isn’t reported (1) It isn’t reported (1) It isn’t reported
amount, etc.) 23. (1)
Name and email There aren’t counterfeited H&M cannot sell Farfetch products
address of a person Depending
according toonthetheinvoice(1)
product, counterfeited
If there are defects are expensive
They apply anda
in charge of from 28 days to over 2 years. products(1)
in the goods you have certificates
guarantee
conciliation OR a (1) from the big
have purchased, depending on
complaint handling brands
H&M abides by all the industry(1)
procedure 24. The statutory guarantee product, if it is a
products marketed N/A(0) regulations. If you
N/A(0) t shirt 28 days if
N/A(0)
are not counterfeit have a complaint it is a watch
regarding obvious could be over 24
months.(1)
material or
manufacturing
25. faults in goods that
Authorizations by we have supplied,
type of product including damage
It is stated in the terms and incurred inin
It is stated transit,
the It is stated in the
conditions(1) please
terms and know
let us terms and
by returning
conditions(1) the conditions(1)
goods to us without
No(1) Yes(0)
delay by using the Yes(0)
sold - special areas (eg jewelry, food, pharmaceuticals, ANAT tourism license + annual
insurance, etc.) 26. The privacy policy is present on the site
27. Newsletter with the sender ID
28. Unsubscription You have a but to uncheck You have a but to Get in touch with
procedure from there (1) uncheck there (1) them(0)
the
newsletter
Now we will make the comparative analysis calculation by the grades given for each
requirement.
Trendish has the following grade:
= = 0.85%
H&M has the following grade:
1+0+0+1+1+1+1+0+1+1+0+1+0+1+1+0+1+1+1+0+1+1+1+0+1+0+1 19
= = 0.67%
28 28
= = 0.60%
FARFETCH
STRENGHTS
-Global product
-Logistic expertize
-Investors confidence
WEAKNESSES
-Different markets
-Clients expectations
-Budget restrictions
OPPORTUNITIES
-Potential IPO
-IT research
-Omni-channel
THREATS
-Competitors
-Fast market
-Global expectations
H&M
Strengths
•Fast-fashion
•Throw-away fashion
•Celebrity endorsements
Weaknesses
•Customer service
Opportunities
•Mobile Marketing
Threats
TRENDISH
Strenghts
*Fast-fashion
*Multi brands
Weaknesses
*Budget restriction
Opportunities
*Mobile app
*IT research
Threats
*National expectation
*Fast market