Top Banner
By- Jaya Dawar(066) Swati Luthra(054) Meenal Santani(039) Reenu Singh(045)
16
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Myntrafinal1 140221062041-phpapp01

By-Jaya Dawar(066)Swati Luthra(054)Meenal Santani(039) Reenu Singh(045)

Page 2: Myntrafinal1 140221062041-phpapp01
Page 3: Myntrafinal1 140221062041-phpapp01

BEGINNING … Started: February 2007

Indian online shopping retailer of fashion and casual lifestyle products.

Headquarters in Bangalore.

Established by Mukesh Bansal, Ashutosh Lawania, and Vineet Saxena.

Page 4: Myntrafinal1 140221062041-phpapp01

WHAT MAKES IT UNIQUE?

More than 100 brands User friendly websites Info centric buying and selling 24 hours all center Unique logistics Designs from latest seasons Brand exposition

Page 5: Myntrafinal1 140221062041-phpapp01

AWARDS Announced as a winner of the Red Herring

Global 100 award. Awarded as CNBC - TV18 as one of the Hottest

Internet Companies of the Year at the Mercedes - Benz CNBC - TV18 Young Turks Awards.

Ranked among the top 10 e-commerce companies in India.

Page 6: Myntrafinal1 140221062041-phpapp01

BUSINESS MODEL

Myntra.com is an aggregator of many brands Its business model is based on

procuring current season merchandise from various brands and making them available on the portal

Its Now or Never Variety is a Good Thing Let The Beauty Come Through

Page 7: Myntrafinal1 140221062041-phpapp01

BUSINESS MODEL

Business to Customer (B to C) revenue model

Page 8: Myntrafinal1 140221062041-phpapp01

CAPABILITIES

24 hr Shipping

Technological

Procurement

Outbound Logistics

Marketing and Sales

Page 9: Myntrafinal1 140221062041-phpapp01

FEATURES

Deals and Specialties

Payment Options

Hassle Free ReturnPolicy

Customer Support

Tracking your Orders

Page 10: Myntrafinal1 140221062041-phpapp01

MARKETING STRATEGY Myntra has successfully used social

networking websites Facebook , Twitter, Youtube, Pinterest, Google Plus to expand its customer base.

Myntra positions itself as a fashionable new age brand. It launches major marketing campaigns every year.

Myntra has used mostly viral marketing and internet for its popularity coupled with occasional discounts and referral discounts. It can be given a rating of 3/5.

Page 11: Myntrafinal1 140221062041-phpapp01

MARKETING STRATEGY Myntra claims to be a cut above the rest since

it does not compel customers to exchange products and instead returns the money.

It is also going to launch a new tech application called the virtual trial room in the next few months.

Page 12: Myntrafinal1 140221062041-phpapp01

VALUE CHAIN ANALYSIS

Page 13: Myntrafinal1 140221062041-phpapp01

DISADVANTAGES Servers incapable of handling high traffic burst. Limited decentralization. Limited numbers search queries for the users. The actual product might differ from its display

image. Uniform quality of service is not ensured,

globally.

Page 14: Myntrafinal1 140221062041-phpapp01

DISADVANTAGES(CONTINUED…)

Myntra.com is not dial-up friendly. It cannot ensure the reliability of the review. It follows a bad practice of copying the reviews

of old book editions to new book editions even though they have different content.

User cannot sell stuff on this website. No Pop-up Advertisements which is good

prospect to earn extra bucks.

Page 15: Myntrafinal1 140221062041-phpapp01

SUGGESTIONS

Have servers capable for handling high traffic burst.

Deliver actual products as displayed. Ensure uniform quality of services globally. Be a dial-up friendly website. Enable users to sell stuff on this website. Pop-up Advertisements to earn more.

Page 16: Myntrafinal1 140221062041-phpapp01

THANK YOU!!!