business model of indiamart.com

2. INDEX
 Introduction
 The company
 The owner
 Services provided
 What does it sell
 Working
 Value preposition
 Revenue model
 Market share
 The secret ingredient

3. Indiamart.com started as a directory of websites around Delhi-NCR
region , earlier known as InterMESH which started in 1996.
Indiamart is basically a website which connects :- 1)producer to
supplier
2) producer to producer
3)supplier to market
4) market to retailer
Indiamart is not a usual shopping or e-commerce website as it not only
provides usual services of a normal e-commerce website but also acts a
digital directory that acts a medium of communication between various
components of business cycle.

4. Rajiv aggarwal, founder of InterMESH and
subsequently Indiamart.com, is a 34 year old
guy who completed his engineering from
Delhi.
After returning from the US in 1996, where he
worked as a net consultant with HCL
Technologies, Agarwal started InterMesh, a
company that made websites for Delhi-based
companies like Nirula's. He then created
Indiamart, a website directory of the sites that
his company created.
He built Indiamart from scatch and took it to a
position where it is now.

5. services provided by the company
Indiamart.com is not only a web portal which helps to connect
various people in the chain from producers to consumers but
also gives following services:-
 Creating a website for a company
 Selling via indiamart.com
 Providing various industrial usage products which even include
machine parts or other hardware product
 Finding suppliers
 Advertising ones company
 Posting our requirements
 Finding dealers
 Finding suppliers

6. Indiamart basically sells everything available, as it doesn’t
contacts directly to final consumer, but it does deal in
almost everything as dealers and suppliers are willing to
expand there business with its help.
What does it sell ?

12. How do they operate ? (working)
 They have 75 offices across India where 3000 people work as
online operators and call centre employees.
 Indiamart has its main office in Noida which houses the
wrking of 500 people.
 Suppliers can make their ID on the website and they are
redirected to their respective trade sectors and are met by
their demands and supplies.
 Indiamart often works as a online auction room as a supplier
can contact many dealers and snatch the best deal.
 Dealers and suppliers are often required to put up a online
catalogue of their needs and products.

13. Giving the best services
(value preposition)
 Best in class staff
 Best in class technology support
 Rapid contancts
 No need of dealing with final customers helping to reduce
unusual problems.
 No need of searching for business manually
 Advertising very easily
 Can be used on smart phones or any other celluler device
with a internet connection
 Launched an application on android as well as iOS

14. How do they earn ?
(revenue model)
They earn from
 Advertisements
 Suppliers and dealers who have ID on the website
(subscription amout)
 From internet providing companies with the help of apps
 People who visit the website for info of market prices and
market trend
 Creating websites for consumers

15. Competing and winning
(market share)
 Comparing with usual e-commerce companies is not useful as it a
not a consumer based website.
 In 2003, things were different, back then, Indiamart listed 70,000
businesses, had 1,000 paid suppliers and generated business worth
Rs 400 crore for its members. Today, it has 50 lakh buyers, 10 lakh
registered suppliers, including 50,000 paid customers.
 It helps in doing a business of 10000 crores for its customers and on
a global level attracting business men and women from the whole
country.
 It amounts to almost 5% business done in India.
 On the site are more than 6 lakh online catalogues, that lists 50 lakh
products in 75,000 product categories, and together, these
numbers are second only to Chinese B2B behemoth Alibaba.com.
Indiamart generates 3.2 crore visits per month with 54 lakh unique
visitors checking out the website. Now the bottomline: members do
business of Rs 10,000 crore-plus through the marketplace every
year.

16. Presenting themselves
(marketing strategies)
Indiamart has advertised itself in every medium possible, including
print media, web, television ads and official representatives.
Indiamart has appointed Irfan Khan, a star who is quite famous
among people of all age groups giving out a good cry for its
products.
Indiamart and channel ETnow started Indiamart Leaders of
Tomorrow Awards for emerging entrepreneurs heliping them to
establish themselves in market and giving forward a good
image.

17. The secret
ingredient