Professional Documents
Culture Documents
E Commerce and M Commerce Technologies Assignment 2 PDF
E Commerce and M Commerce Technologies Assignment 2 PDF
BBA 6 th Semester
Submitted by - Sanidhya Ghatiya
Roll no. - 65048
Portal analysis of MEESHO app and VIVOBAREFOOT
(business model and revenue model + SWOT analysis) .
Meesho Business & Revenue Model – Online Reselling App
Can you name some Indian businessmen? Have you ever thought that women are still
struggling to break the glass ceiling in the commercial sector? According to the sixth
Economic Census released by the Ministry of Statistics and Program Implementation,
women make up only 14% of total entrepreneurship; Of the 58.5 million entrepreneurs,
this is 8.05 million. Do we still want to stop Indian women within four walls? Or do you
think things are changing?
Online re-selling marketing app - MEESHO
MEESHO, 'Mary Shop' is a social business startup based on 'My Shop' which originated
out of 'India's Silicon Valley' - founded by IIT Delhi graduates Vidit Athre and Sanjeev
Banwal in 2015. The online shopping app is a re-selling platform that enables small and
growing businesses and individuals to launch their own online store through social
channels such as WhatsApp, Facebook and Instagram. This is the ideal ‘shop’ for
potential entrepreneurs who usually face barriers to starting a business.
The Meesho business model has been successful in bringing social change in their own
way by making shopping for social entrepreneurs. It empowers every entrepreneur
whether it be a Bangalore housewife or young mother of Kochi. This is what most
people dream of.
MEESHO Online Re-selling Sales Application Services:
Meesho's origins are largely based on unknown and are now a disappearing mobile app
- Fashioner. The app allows users to see all the real 'fashion boutiques', find what they
like, get selected fashion products for home testing, and then find and buy the ones they
like - all in one click. The saying "failures are steps to success" has never been proven.
Now, the Meesho business model services not only in apparel and fashion but also in
footwear, electronics and some other household products.
Clothing: This clearly includes a variety of fashion items such as saris, kurts,
shirts, as well as local customized clothes.
Shoes: W
hether it's casual shoes or formal shoes or sports shoes, the Meesho
Online Resale app offers a variety of shoes.
Electronics: Mesho Online Shopping app also deals with some electronic
products such as headphones, mobile and power bank.
Others: As the Meeshao Working Model expands the wings, it also offers
kitchen, jewelry and beauty specialties.
Meesho Online Re-selling Sales Enabling App Factors
The meesho working model captures the essence of Indian shoppers and gives them
what they need. Some of the factors that enabled meesho to work are:
1. E-Commerce Blossoms:
2. Internet Explosion:
Whether smartphones have betrayed us or made our lives easier is an entirely
different debate. However, this has definitely changed the virtual map of India.
According to a report by market research firm Kantar IMRB, there are about 293
million active internet users in urban India and this is a serious competition with
200 million active users in rural India. Due to cheap data plans and active
awareness of various stakeholders, the Internet has found a place in the heart of
every person. The Internet provides hope to millions of Indians who live remotely.
The Meisho Online Shopping App has made Indians believe that finally they can
earn through mobile apps.
3. Cashless India
4. GST:
Goods and Services Tax, famously known as GST, is an indirect tax imposed in
India on the supply of both goods and services. GST had its own carving path
since its introduction in the Budget Speech in 2006. However, now with the
‘one-nation-one-tax’, GST has unified the nation in terms of tax.
How does Meesho online re-selling sales work for app
marketers?
Step 3: Fill out the form with details and verify your business.
Step 4: Make customized prices for the order. Here you can add an 'extra'
amount to earn your income.
Positive aspects of Meesho's business model include:
The Meesho business has gained a lot for the benefit of the people of various
cities and states of India. Some of its distinctive features are:
Variety: Meesho has various collections along with several categories. All your
needs are met through this app.
Logistics: Because Meesho cares about logistics, you can spend time thinking
about expanding your business and not worry about delivery and payment.
Easy Return: If you receive a defective product or are dissatisfied with the
product, Meesho has an easy return policy. '
Just as there are two sides to a coin, each idea and product has two sides, and
the Meesho business model is no different.
Delivery Charges: The Meesho Revenue model has an 'Easy Return' but you
also have to bear the delivery charges, which can be up to Rs.100 / -.
Bad Support: As with many e-commerce platforms, Meesho does not often
respond via phone or email support.
Belief: Is it often difficult to trust local products that have no brand value? Well,
Meesho’s main strength is that it offers local products to its people; However,
Meesho may be a little hiccup because people value the brand.
Online Review: Meesho has mixed reviews on various online review platforms,
such as Mouthshot.com and AmbitionBox.
Meesho Revenue Model | How MEESHO make Money:
Logistics: For Meesho, a higher income also arises from logistics, as this is its
main responsibility.
Increase ranking and local sales: Apps are another way to promote products
and increase sales revenue. Similarly, there is considerable opportunity for
Meesho to earn through data that is added to the Meesho revenue model.
The trouble-free story isn't all that interesting! Misho has a journey to complete
and may face some obstacles:
Belief: Meesho is also working to improve its support system for its customers
and get more positive reviews, which is an urgent task for Meesho to continue its
success streak.
Delivery Charges: The word 'free delivery' is absolutely magical! People think
twice before ordering a product that has a delivery charge tag and MEESHO
charges its customers in terms of meesho delivery.
Strength Weakness
● Local reach ● No free delivery
● Social upliftment of women helps it to get ● Customer prefer big brand over local brands
goodwill points from government as well ● Lacks after sales services
● It is a mobile app with user friendly interface ● People hesitate to purchase products on
● Investment from big Tech giants including mobile phone
Facebook ● Because of meesho’s profit margin policy ,
● Mouth publicity from local users many traders don’t sell their products at high
● Good supply chain management price
● Easy return policy ● Not so popular in metro cities
● Variety of products
● Good margin
● No big competitor at local level with such a
good working and capacity
Opportunity Threat
● To increase reach, they can open phygital ● Well known E-commerce giants are planning
stores in metro cities to get in the local market place (rural areas)
● By improving the after sales service they can ● Other new competitors with better supply
have better trustworthy bond with customers chain management with free delivery and less
● Lack of local competition can help them to profit margin can easily take over the market .
totally overtake the market by integrating ● Lack of after sales customer support leads to
maximum no. of local sellers frustration amongst customers and bad
● Making women centric and emotional publicity.
marketing campaigns can get them more ● With frequently changing business laws, it
trust of the local customers becomes difficult to integrate the whole
● Incorporating Better supply chain system according to new laws
management system can help them to ● The customer privacy policies are a bit
introduce Free delivery controversial and can lead to problems with
● They can also collaborate with other local law enforcements any day .
businesses and technical startups to increase
the variety of products and services they
provide.
VIVO BAREFOOT BUSINESS MODEL AND SWOT ANALYSIS
VIVOBAREFOOT intro-
It is a minimalist shoe manufacturing company based in the United Kingdoms was founded in
1997 with the vision of bringing back the joy of being barefoot. It develops and manufactures
shoes which are designed with keeping in mind the sustainability, environmental responsibility
and most importantly the natural shape of human feet. They make the thinnest and most
preferred barefoot shoes by all runners and sports practitioners.
Portal -
A really interactive and phygital experience where you get the customer service like a physical
store on a digital platform. An ecommerce website which focuses more on the motto of the
company rather than constantly pushing users to buy the product.
What is the business model of VIVOBAREFOOT?
Vivobarefoot basically works on 3 principles -
Revenue model
● World wide customer base with having at least one brand ambassador sports person in
each country thus giving them a huge customer base thus a global marketplace to
create revenue
● An inherited supply chain management from the well known DHL delivery services as
they hold a good amount of shares in DHL giving them an upper hand at delivery
services all across the globe with well tested delivery options where they ask for a
certain amount for covering all the hassle of import taxes and duties. This often gives
them a huge amount of profit as maximum of the times the shoes which come under a
certain category of items are passed through customs without any duty or charges or
with a negligible amount.
● They get a good amount of subsidy from the government as they import most of the
recyclable waste
● They have invented a unique rubber injected micro thin sole which they sell to other
barefoot shoe companies as well at a much higher price.
SWOT analysis
Strength Weakness
● Sustainable business model helps in cost cutting ● NOT being present on OTHER e-commerce
● Free publicity from great sports persons as they websites.
are really good with their quality ● The cost of the shoes are way too much as
● An integrated customer support system compared to any other barefoot shoemaker.
● Subsidy from the government ● Maximalist shoe maker companies are constantly
● Better supply chain then the competitors trying to degrade any minimalist shoe company.
● Unique rubber injected outer sole which they also Huge opposition from big brands like reebok and
sell to others adidas because they tried to copy vivobarefoot
● Environmental friendly,helps with goodwill points back in 2010 when reebok and adidas were fined
and also creates a good image in the mind of with a huge settlement amount and forgery.
users ● Reach only limited to Barefoot runners and not
● A really good website with amazing user interface normal humans
Opportunity Threat
● With already a great website , they can ● With their products having Little to no presence
collaborate with other e-commerce websites to on other renowned e-commerce portals they are
increase their reach and awareness missing a huge customer base
● They can also collaborate with more fashion ● Other competitors building new and better
bloggers to increase their reach options at half the price of VIVOBAREFOOT the
● With low manufacturing cost , by reducing their most prominent one being XERO sandals and
profit margins thus reducing the price of the VIBRAM
shoes,they can attract many more customers ● Not having customization options like other
● With an already a huge community organically competitors most likely takes away the
promoting their shoes on social media, they can customers who like customized items.
come forward and create a huge social campaign ● Not having any physical stores out of the UK
where people actually get recognised. keeps them away from a huge potential customer
base.