The most amazing aspect of e-commerce is its ability to impact sales and marketing efforts immediately. By going online, suddenly a neighborhood bakery or a home based consulting service expands its reach to a national, or even international base of potential customers. Web-based sales know no international boundaries. The boot camp was held to let the audience know what are the benefits of going online and the impact it can generate for them. The participants were taken through the steps needed to go online and a brief of how to optimize the digital presence was also shared by the key speakers.
2. AGENDA
1. SELLING ON MARKETPLACES
2. BUILDING YOUR ONLINE STORE
3. ESSENTIAL ECOMMERCE INFRA
4. MARKETING
5. CASE STUDY
3. WHY YOU NEED AN ONLINE
PRESENCE?
Our research shows that more than 50 per cent customers go online
at some stage of the search and discovery process. So, by not being
online, you lose 50 per cent of the chance of being considered by a
set of customers,”
- Debashish Mukherjee, Partner (Consumer and FMCG Practice), A.T. Kearney.
Source: businesstoday.in
“
4. OFFLINE RETAILERS
MOVING ONLINE – WHY?
Source: exotel.in/blog/offline-retailers-moving-online-guest-post
The first thing that a customer does is to
find the retailer on Google or Facebook.
If the retailer has a good online
presence, automatically the level of trust
in the brand is established in the minds
of the customer.
5. E-COMMERCE MUST BE A PART
OF ALL RETAILER'S PLAN
If a consumer is a loyal
customer of your brand, but
for some reason she is not
able to travel to your store,
she would want to buy it
online. If you are not available
online, she will end up
investing on another brand
and you may lose her
forever.”
Shantanu Rastogi,
Principal at private equity firm General
Atlantic.
Source: businesstoday.in
Godrej Group's premium food retail chain
Natures Basket recently tied up with online
retailers Snapdeal and Amazon India to
take its gourmet food basket of over 400
products to 8,500 cities.
We expect an exponential rise in traffic and
conversion rates that can lead to about 10
times growth in our online business revenues”
- Mohit Khattar, CEO, Godrej Natures Basket.
“ “
6. WHAT TYPE OF BUSINESS ARE YOU?
• B2B?
• B2C?
• C2B?
• C2C?
• B2B2C?
• SKU Based?
• Creative?
• Trading and
retailing?
7. SO, WHAT ARE THE KEY STEPS FOR
ANY RETAILER TO GO ONLINE?
So you have these options:
1. Sell on a marketplace
2. Build your own website
Or both
9. SELLING ON MARKETPLACES
Marketplaces provide a quick
and easy way to start selling
your products to a worldwide
audience almost
immediately.
Marketplaces provide
millions of shoppers
ready to buy every day.
11. Marketplace
Commission +
taxes extra
15% 15% 8% 14% 15% 7%
Marketplace
payment fee
Rs 10 fixed 3.2% Rs 10 fixed 3.0% 0 4.5%
Self Shipping No No Yes Yes No Yes
Shipping
provided
Yes Yes Yes Yes Yes Yes
Cost of
Shipping
INR/500 gm
35 40 40-45 45 45 40-49
Packaging
Provided
No Yes No No Yes No
Subscription* Free Free INR 499/month Free Free INR 499/Month
Payout Period Dispatch date +
7 working days
Dispatch Date +
3 weeks
Shipping
Confirmed+7
days
Delivery Date +
2 to 7 working
days
Every
Wednesday for
sales completed
On Shipping
confirmation
from customer
SELLING ON MARKETPLACES
12. m-Commerce
Reach
70% of total
traffic
65% of total
traffic
Not Revealed Not Revealed 40% of total
traffic
Not Revealed
Facebook Reach 5,260,000
approx.
3,750,000
approx
5,039,000
approx.
1,105,000
approx.
2,623,000
approx.
3,600,000
approx
Twitter Reach 502,000 approx. 231,000
approx.
2.17M 74,300 approx. 27,100 approx. 137,000 approx.
SELLING ON MARKETPLACES
13. Traditional retailers have adopted a
multi-channel strategy in most
developed nations quite successfully.
While the proportion is lower in
developing nations, it’s growing rapidly
and will follow a similar trend.
Source : Forbes India.
India is also adapting to the change.
ROLE OF TRADITIONAL RETAILERS
IN ECOMMERCE
14. SELLING ON MARKETPLACES
Case Study
Pratik Doshi
Founder of Cheeky Chunk umbrellas which sells
designer umbrellas through various marketplaces.
How he became a
MARKETPLACE
MILLIONAIRE
In 2 months?
Source: yourstory.com/2015/08/marketplace-millionaire/
15. 1. Unique products sell better.
There are 10,000 bags and 20,000 T-shirts already listed on marketplaces.
It will be difficult for you to even get discovered.
2. Use search keywords to your advantage
No one knows you exist online. So, get into the mind of the customer by figuring
out what you would search for. Example:
umbrella, umbrellas,designer umbrella, designer umbrellas, unique umbrella,
monsoon umbrella, strong umbrella, designed umbrella, long umbrella, short
umbrella…
Don’t underestimate the power of search keywords.
3. Stand out from the rest. Ninety per cent of your marketing will be done when
you’re at the stage of listing the product. Invest in design and photography.
4. Stay in touch with the marketplace employees Use all social media platforms,
such as Facebook, LinkedIn and Twitter to get in touch or call the product
managers/category managers.
TIPS
SELLING ON MARKETPLACES
16. TOOLS THAT HELP YOU
MANAGE YOUR CHANNELS
• Unicommerce
A platform for managing orders & inventory across multiple marketplaces & carts.
Sell more across multiple e-commerce channels.
• BoostMySale
Multi-channel eCommerce platform that allows you to sell online through your own store or
marketplace.
• Browntape
eCommerce software that allows Flipkart, Amazon, Snapdeal sellers to manage orders & inventory
centrally.
• APPSeCONNECT
Integrate your eCommerce store, marketplace with your ERP system.
Some Multi-Channel Sales Management Software:
18. 1:GETTING YOUR DOMAIN
Do you search for domain availability yourself?
Why depend on others? Do it on www.who.is only
Go to websites like www.bigrock.in or www.directi.com
and book your domain.
19. 1:GETTING YOUR DOMAIN
Earlier, a lot of thinking went into choosing a domain name part before the
dot.
But now, with hundreds of new gTLDs (Generic top-level domains) available
to the public, it has become very easy!
Do you go with .COM? .CO? Your local ccTLD? A descriptive word that
aligns with your brand? Maybe .PIZZA (pizza goes with everything!)?
20. 2:HOSTING YOUR WEBSITE
Types of hosting:
• Shared hosting
• Virtual Private Server (VPS) hosting
• Dedicated server
• Cloud hosting (AWS, Azure) – Pay as you go.
All above with SSD option, low latency (India Data Centre depending on your target
audience).
21. 2:HOSTING YOUR WEBSITE
Features that you have to look for:
• Reliability.
• Server uptime.
• Bandwidth and Disk Space.
• Site Backup.
• Easy to Use control panel.
• 24/7 effective customer support / managed services.
• Scalability.
22. 3:CHOOSING YOUR ECOMMERCE
PLATFORM
1. Custom E-commerce Platform
You acquire the services of a specialized web design and programming firm
to develop a custom solution for your on-line business.
• Design a requirement document.
• Get quotes from multiple vendors.
• Select a vendor on the basis of experience and technical expertise
• Sign an agreement with the vendor for defined deliverables and timeline
Choose this option only if you’re sure there is no product which
meets your requirements.
23. 2. Self-hosted E-commerce Platform
A self hosted solution is a piece of software that you run on your own
server (or rented server).
So if your business needs lots of customization and if you have
technical resources in hand, then this is an option.
3:CHOOSING YOUR ECOMMERCE
PLATFORM
24. 3. Software as a service (SaaS) E-commerce
Software as a Service (SaaS)- is a cloud based delivery model in which applications are
hosted and managed in a service provider's datacentre, paid for on a subscription basis
and accessed via a browser over an internet connection.
So if your business doesn’t have a lot of technical resources, SaaS platforms can
be a good choice.
• Easy to set up a shop
• Range of features
• Safe and secure
• affordable
• Easy to manage
3:CHOOSING YOUR ECOMMERCE
PLATFORM
25. 4:PAYMENT GATEWAYS
The payment gateway is the application that connects your website
shopping cart to your merchant account.
• Give your customers multiple payment options. Being flexible to your cusromers will
increase their likelihood to buy.
• Apply for a merchant account for processing credit cards.
You need have the following information:
Your Tax ID no.
Business Bank Account
Balance Sheet
Description of Service
Documented Refund Policy
• You may also consider using PayPal. This is an online service that allows you to send money
across the Internet using either your credit card or bank account for funding.
26. FEATURES
Set up cost Zero for Startup Pro;
30,000 for Privilege
4900 for Startup plan;
19,000 for Platinum plan
Zero Various plans with Zero to
15000 fee
Zero
Transaction fees 1.99% + 3.00 for EMKI,
Debit Card, Net Banking,
Cash Card, wallet
2.99% + 3.00 for
International cards
0.75% for Debit cards
2.25% for Credit cards
+0.75 % for EMI, Amex,
IVR, International Cards
1.99% + 3.00
Flat for all
1.5% for Debit Cards
2.25% for Credit cards, Net
Banking
1.9% Flat for all
Support for Wallet
and Cashcard
Wallets : Paytm &
MobiKwik ; Cashcards -
ITZCash / ICash / Oxicash /
PayCash
Wallets - PayUMoney N/A N/A N/A
Extras Annual Software
Upgradation Charges
(ASUC) of 1200 is charged
on a per month basis
payable in advance every
year
1% transactional fee
instead of 0.75% above
2000. RBI Mandated
Pricing
4900 Annual
maintenance cost
Service tax applicable 5% on digital products for
Debit Card transactions
TOP PAYMENT GATEWAYS IN INDIA
(COMPARISON CHART)
27. Source : top10sslcertificates.com
61% of cardholders polled by Visa said: "I would shop online more often if I
knew my credit card information was secure."
83% of cardholders who haven’t shopped online said the reason they have
yet to do so is because "they are worried about the security of their credit card
information"
(Source : Visa's website courtesy of Visa Research.)
Let customers know that your website is safe
5:SSL CERTIFICATE PROVIDERS
29. 1:LOGISTICS
AUTOMATE YOUR SHIPPING. THE REASON BEHIND THE DISSATISFACTION IS THE
FAILURE OF THE PRODUCT DELIVERY IN TIME.
• Choose a Third party logistics service provider. They offer an all in one solution
for assembly, packaging, warehousing, and distribution.
• Get reliable logistics advantage. Maximizes profitability through combined
knowledge and resources.
• Save Time and Money. Outsourcing logistics will save a wealth of time and
money for your company.
30. TOP LOGISTICS PARTNERS IN INDIA
Source : quora.com/What-is-the-most-reliable-logistics-shipping-solution-for-eCommerce-companies-in-India
31. 2:BACK OFFICE
• Inventory Management
• Order + Returns management
• Accounting
• Purchase and Supply chain management
ACCOUNTING SYSTEMS ERP SOFTWARE
32. 3:CUSTOMER RELATIONSHIP
MANAGEMENT (CRM)
CRM software is commonly used to manage a business-
customer relationship, however CRM software systems
are also used in the same way to manage business
contacts, clients, contract wins and sales leads.
34. 4:CUSTOMER SUPPORT
Customer support is a range of customer services to assist customers
in making cost effective and correct use of a product. It includes
assistance in planning, installation, training, troubleshooting,
maintenance, upgrading, and disposal of a product.
Apps to help your business engage with your customers.
35. 5:INTEGRATION
• Are your systems connected?
• Are you doing manual data entry?
Once you are done with setting up your ecommerce channel(s), you
need to ensure that they are in-sync with your back office systems
(ERP, Accounting Systems, Inventory Management Systems)
36. 4:MARKETING
L O G I S T I C S , B A C K O F F I C E , C R M , S U P P O R T , A N D
M O R E …
37. DIGITAL MARKETING
Digital Marketing:
In simplistic terms, digital marketing is the
promotion of products or brands via one or
more forms of electronic media.
• Organic / Inbound
• Inorganic / Outbound (Paid)
• Social Media
• Email Marketing
38. MARKETING
• Marketing activities that
bring visitors in, rather
than marketers having to
go out to get prospects'
attention.
• Earns the attention of
customers, makes the
company easy to be
found, and draws
customers to the
website by producing
interesting content.
1:Organic / Inbound Marketing
40. MARKETING
3: Social Media Marketing
The is the process of
gaining website traffic or
attention through social
media sites.
41. MARKETING
4:Email Marketing
Email marketing is
directly marketing a
commercial message to a
group of people using email.
In its broadest sense,
every email sent to a
potential or current
customer could be
considered email marketing.
43. ONLINE TEA PARTY CASE STUDY
• Objective - To Launch TE-A-ME
Teas in a unique manner just like
its teas.
• Idea – An Online tea party
attended by Influencers across
India.
• Results – Over 400 participants
attended the Online Tea Party.
Huge buzz and traction was
generated for a brand, launched
only recently.
44. 5:MARKETING AUTOMATION
Marketing automation refers to software platforms and
technologies designed for marketing departments and
organizations to more effectively market on multiple channels
online (such as email, social media, websites, etc.)
and automate repetitive tasks.
Leading Marketing Automation Tools for eCommerce:
1. Klaviyo
2. Windsor Circle
3. HubSpot
There are many other automation tools but when it comes to marketing
automation tools for eCommerce sites the above three are considered to be
market leader.
45. Notable Feature Integration Pricing Disappointments
1. Ecommerce email automation tool
2. Cross-sell, win-back, cart abandonment is a
breeze
3. Tracking pixel/snippet lets you segment on
content viewed by user not just purchased
Magento
Shopify
WooCommerce
Volusion
Spree
Custom integration via JS
code snippet
Starts at $25/month
1. 500 Contacts
2. Newsletters
3. Automated Email
4. Integrations
5. Pre-built best
practices
1. Not that good for
custom platforms
2. Centered around email
automation
1. Great integration with email tools and mails are
sent from these tools
2. Great insightful analytics data
3dCart, BigCommerce,
Magento, NetSuit,
Shopify, Yahoo Stores and
many more..
Custom Integration at
additional charge.
Starts at $250/Month
For a contact count of
5,000
1. It doesn’t send mail
itself and hence two
system to worry.
2. There is no way to
segment the analytics.
1. Building and publishing landing pages.
2. Publishing blogs and other content
3. Social media management
4. Email Marketing automation
Magento
BigCommerce
Shopify
Custom Integration via
HubSpot API
$200/month for those
new to inbound
marketing
For 100 Contacts
1. Lack of available
ecommerce platform is
it’s biggest
disappointment.
2.
ECOMMERCE MARKETING
AUTOMATION TOOLS
(COMPARISON CHART)
48. 6:MOBILE STRATEGY
How dreamlite.com is missing out customers because of no mobile
strategy. It’s website is still built on Flash technology.
Desktop Mobile
49. 6:MOBILE STRATEGY
Do You Have A Mobile First Strategy?
You Should!
Why?
• To Make it easy to shop with you.
• To Take Advantage of the Multi-Screen/Multi-Device Opportunity
• To Send Out Timely Alerts and Notifications
• To not lose out valuable customers
50. 7:MEASURING YOUR METRICS
• Unique visitors
The best indication of your site’s
overall traffic, unique visitors refers to
thenumber of individuals who visit your
website during a given period of time,
where each visitor is only counted
once.
• Page views
The cumulative number of individual
pages that your visitors click on during
a given period of time.
• Search engine traffic
The amount of traffic being referred to
your site through search engines, such
as Google or Bing.
• Bounce rate
The percentage of visitors who come
to your site and then immediately
“bounce” or leave before clicking on
any other pages.
• Conversion rate
The percentage of visitors to your site
who take a specific action that your
content encourages them to, such as
signing up for your newsletter.
• Inbound links
The number of external links to your
site
52. • Pureplay retail
• Offine to online
• B2C Business
• Brand commerce
• Creative (not SKU Based)
• Menswear Lifestyle (Formal & Casual)
• Target audience : Upper Middle class
CASE STUDY
• Ecommerce – KartRocket
• Logistics – Handled by KartRocket
• Digital Presence: eCommerce webste /
facebook page / twitter
• Mobile Strategy : Responsive Website,
No mobile app.
• Notable campaign : #idropedmyclothes
Established in 1993 in West Bengal.
Today, it is one of India’s fastest growing menswear companies, with a reputation for providing
formidable value and international style across a range of shirts, tshirts, trousers and accessories.
53. Turtle once had 40+ stores across the
country, out of which most were bleeding
due to decrease in footfall.
Their decision to go online turned out
to be a game changer.
Today they manufacture 2.5 million pieces a year!
Source : CNBC
CASE STUDY
55. Niche bike maker Royal
Enfield sold its entire
inventory of 200 units of
limited edition
motorcycles in India
within 26 minutes of
opening of online
booking.
Source : The Hindu
CASE STUDY
56. GKB Opticals, India’s one of the biggest
eyewear retail chains opened up their
online store in 2012. But how they
leveraged their strength of having 65+
retails stores across the country was a
lesson for everyone.
Customers can avail service facility or take
delivery of their product from any GKB retail
outlet.
Source : NextBigWhat
CASE STUDY
57. THANK
YOU
A T U L G U P T A
F O U N D E R & C E O
I N S Y N C S O L U T I O N S
Notes de l'éditeur
Ravi has given a good idea about the basics of ecommerce and have also highlighted the type of ecommerce. We need to get our hands dirty now and do a deep dive into various aspects of online selling
Selling on marketplacesBuilding your online storeEssential infrastructure for ecommerceMarketingCase Study
If your business is not online you are loosing out on a lot additional revenues which should have come to you.
If you want build trust with your prospective customers you need to have an online presence . When consumers hear about a product today, their first reaction is ‘Let me search online for it.’ And so they go on a journey of discovery: about a product, a service, an issue, an opportunity.
Eventually every significant retailers has to have an onine presence
My previous speaker has already elaborated on the type of ecommerce business and by now you should be able to identify your business as either a trader or a manufacturer. Weather you are manufacturing a commodity or a unique product are you reselling something which is unique or a commodity. Are you selling to business or consumer. Once you have answers to these questions the document will help you design a strategy for your ecommerce journey.
Once you have identified and basic structure of your ecommerce then you have a choice weather you would like to leverage the exiting marketplace or want to completely drive your ecommerce through your own infrastructure. Or you want to do a hybrid model where you go multi channel.
To build initial traction starting to use the marketplaces for selling online is a good options.
This is the list of top e-retailers and most of them have a marketplace model which you can levarage on
If you compare some of the marketplaces ,all of these marketplace players would ask for some KYC documents and most of them have competitive conditions and process to list your products and start selling on them on their respective platfomr. We have tried to give a snapshot comparision to the most important parameters
This chart gives a snapshot of where all of these marketplces stand today.
If you look the graphs most of the countries traditional retailers have adopted a multi-channel strategy – there is an expectation of a similar trend in india
This is an interesting case study of Pratik Doshi who started by selling designer umbrellas through marketplaces and in 2 months time he bacame a millionare. There are some interesting tips from his success that we can implement in our businesses as well.
Here are some tips to be sucessful in selling online through marketplaces,
1) The most obvoius one is that you have to get some uniqueness in your product there are far too many people selling bags and tshirts.
2) Customers buy from a ‘Flipkart’ or an ‘Amazon.’ They search for the product they want and are given a bouquet of options, based on various factors and codes, search keywords being the most important one.
3) Majority of the companies that set up shop online expect the listing process would be immediately followed by hundreds of orders. But, there is no magic to make that happen. You have to make it happen. You have to stand apart and be discovered in a heavily crowded virtual mall. It’s very difficult to market your product on marketplaces as you actually don’t interact with your customer. You have to think smart and focus on making your products visible. Do this by taking utmost care and listing every minute detail about the product while filling excel sheets at the time of listing. Go through seller help guides on each marketplace. Make a detailed plan. Invest in an ace photographer, as photography is all you have to lure your customers in.
4) You should call the product managers/category managers and show them you’re enthusiastic about your product. Appreciate them for doing their job well and make them believe in your product as they will be crucial in getting it promoted. A lot of marketplaces help creative entrepreneurs increase their sales by promoting their products. Make them believe in your potential and convince them you mean business. Politeness and humility go a long way, as well!
Once the initial sales on the markeplces are done here are some of the tools which will help you manage multiple marketplace listing / inventory management
Building your own property online begins with a domain name. how many of us search for domain name availbility by themselves, if not please start doing it you never know what a good domain can fecth you !! Please do search on who.is and book from bigrock / directi or any domain registrar directly maintain an account with them like you would have one with makemytrip / bookmyshow or uber
Do you know that there are tld’s like .club , .today which helps you to build interesting URL for your online business
You need a good host for your website, no vistor would stick to a slow and low on performance webiste. Shared hosting is the cheapest and you can go on adding resources to increase the performance. Cloud offerings from amazon and microsoft are very good options to consider you can pay as you go and scale up and down as per your requirementts. SSD hosting is good for performance and if you host on an indian data center it improve your webite performance.
These are some of the must have checklist for hosting your website.
If your business model and unqiue and there is no product which can meet your requirements you should consider getting a custom ecommerce website developed. Even if there is not product which meets 100% of your requirement you can choose an open source platform which allows you to customise. You need to spend a lot time on framing your requirements defining the Gap b/w what is being offered by the choose platform and the your requirements. Document all of this clearly and get a service provider to do the same
If your business is B2C and there plenty of options most of them are opensource which you can choose from build your online presence on the same. Most of these platform have a community edition which is free , but you need technical expertise to help you set up the store. If you choose a pupular platfom – you can also buy themes which can reduce a lot of design task.
There are some very affordble SaaS offering also out there in the market which takes care of all the technology needs and you just need your functional team to get going
You want the sales that you do to reach your bank account as early as possible. You will have to become a merchant with any payment gateway company. We have done a comparision for you to get an idea of what to choose
There are millions of phishing webiste out there on the internet, in order to get the trust from the customers who come for shopping on your website it essential to have a security certifiacte on the webiste.
There are quite a few options for handling logostic and the key is to outsource it to a vendor who has the expertise in the business domain you operate
You will see some large ecommerce companies owining businesses which handles logistics for them gojavas is owned by jabong
Most of the ecommerce softwares are able to handle inventory, order, returns, and sales side of the business process but they do not have the capabilities to handle the acconting, purchase and the supply chain part of the business software. But they are essetial for business to
http://www.softwaresuggest.com/crm-software - B2C ecommerce CRM is very different from a B2B ecommerce business CRM. But in any case it is very important that you engage with people who have shown some interest in your brand and product. In this very crowded space you need to be visible to your customers and prospects and should create multiple touchpoints.
http://www.softwaresuggest.com/crm-software
How do you handle customers quries and how do you manage support for your customers is very important to keep the customer coming to you and giving repeat business. Remember the life time value of a customer is your strength.
We have seen various systems which specialises in various aspect of your ecommerce business. But they all work in silos and bring in inefficiency when you scale and therefore you must get a system which will help each of these systems to talk to each other
Once all systems and ecommerce store is done there is a continual marketing required inorder to get the desired traffic. Marketing in itself is a huge topic and therefore we have limited it to the basics of marketing for this worshop.
The most rewarding type of marketing for an ecommerce business in inbound marketing, which means you are being found by prospects searching online. Inbound marketing is all about creating good high quality content which is ranked highly by various online places where prospects are searching. The whole idea is to create a massive digital footprint with high quality content which addresses your target audiences challenge / quries
I thinks the most interesting type of paid marketing is remarketing, there are loads of traffic which has come to your website now what you do is follow them whereever they go , twitter, facebook, google network etc
Social media is very relevant today – youtube is the 2nd biggest search engine world wide and people are speding a lot of time online on social media. We should consider social media as our channels to publish or market the content that we have created and then eventually bring the traffic to our website through them
Email marketing is a very effective tool for reaching out to your prospects, with google promotions tab it has become a very tricky medium to handle. Most of the marketing automation tools help you do a more effective email marketing.
Email marketing is a very effective tool for reaching out to your prospects, with google promotions tab it has become a very tricky medium to handle. Most of the marketing automation tools help you do a more effective email marketing.
You have to agree that most of the traffic or the internet device are coming from mobile devices not having a mobile app or a mobile site or a mobile optimised website is a disaster and it like loosing out on more than half of the total taffic