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Comparitive Study of E-Commerce Portals
Comparitive Study of E-Commerce Portals
Comparitive Study of E-Commerce Portals
E-commerce
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Comparitive Study Of
E-commerce Portals
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TABLE OF CONTENTS
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1.4-Research Methology 14
1.7-Chapter Planning 16
2.1.2-Global scenario 22
4.1-Conclusion 32-33
4.2-Recommendation 33-34
4.3-References 35
4.4-Questionnaires 36-38
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CHAPTER 1: INTRODUCTION
The e-commerce has transformed the way business is done in India. The Indian e-
commerce market is expected to grow to US$ 200 billion in 2026 from US$ 38.5 billion
as of 2017. Much growth of the industry has been triggered by increasing internet and
smartphone penetration.
The ongoing digital transformation in the country is expected to increase India’s total
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internet user base to 829 million by 2021 from 636.73 million in FY 19. India’s
internet economy is expected to double from US$ 125 billion as of April 2017 to US$
250 billion by 2020, majorly backed by ecommerce. India’s ecommerce revenue is
expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at
an annual rate of 51 per cent, the highest in the world.
The ecommerce sector has seen unprecedented growth in 2014. The growth was
driven by rapid technology adoption led by the increasing use of devices such as
smartphones and tablets, and access to the internet through broadband, 3G, etc, which
led to an increased online consumer base. Furthermore, favored demographics and a
growing internet user base helped aid this growth. In terms of highlights, the growth
shown by homegrown players such as Flipkart and Snapdeal and the huge investor
interest around these companies displayed the immense potential of the market.
With the entry of ecommerce behemoths such as Amazon and Alibaba, the
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The Indian government’s ambitious Digital India project and the modernisation of
India Post will also affect the ecommerce sector. The Digital India project aims to offer
a one-stop shop for government services that will have the mobile phone as the
backbone of its delivery mechanism.
For India Post, the government is keen to develop its distribution channel and other
ecommerce related services as a major revenue model going ahead, especially when
India Post transacted business worth 280 crore INR in the cash-on-delivery (CoD)
segment for firms such as Flipkart, Snapdeal and Amazon. Both these projects will
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History of ecommerce dates back to the invention of the very old notion of "sell and
buy", electricity, cables, computers, modems, and the Internet. Ecommerce became
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possible in 1991 when the Internet was opened to commercial use. Since that date
thousands of businesses have taken up residence at web sites.
Although the Internet began to advance in popularity among the general public in
1994, it took approximately four years to develop the security protocols (for example,
HTTP) and DSL which allowed rapid access and a persistent connection to the
Internet. In 2000 a great number of business companies in the United States and
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Western Europe represented their services in the World Wide Web. At this time the
meaning of the word ecommerce was changed. People began to define the term
ecommerce as the process of purchasing of available goods and services over the
Internet using secure connections and electronic payment services. Although the dot-
com collapse in 2000 led to unfortunate results and many of ecommerce companies
disappeared, the "brick and mortar" retailers recognized the advantages of electronic
commerce and began to add such capabilities to their web sites (e.g., after the online
grocery store Webvan came to ruin, two supermarket chains, Albertsons and Safeway,
began to use ecommerce to enable their customers to buy groceries online). By the
end of 2001, the largest form of ecommerce, Business-to-Business (B2B) model, had
around $700 billion in transactions.
According to all available data, ecommerce sales continued to grow in the next few
years and, by the end of 2007, ecommerce sales accounted for 3.4 percent of total
sales.
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Ecommerce has a great deal of advantages over "brick and mortar" stores and mail
order catalogs. Consumers can easily search through a large database of products and
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services. They can see actual prices, build an order over several days and email it as a
"wish list" hoping that someone will pay for their selected goods. Customers can
compare prices with a click of the mouse and buy the selected product at best prices.
Online vendors, in their turn, also get distinct advantages. The web and its search
engines provide a way to be found by customers without expensive advertising
campaign. Even small online shops can reach global markets. Web technology also
allows to track customer preferences and to deliver individually-tailored marketing.
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History of ecommerce is unthinkable without Amazon and Ebay which were among
the first Internet companies to allow electronic transactions. Thanks to their founders
we now have a handsome ecommerce sector and enjoy the buying and selling
advantages of the Internet. Currently there are 5 largest and most famous worldwide
Internet retailers: Amazon, Dell, Staples, Office Depot and Hewlett Packard. According
to statistics, the most popular categories of products sold in the World Wide Web are
music, books, computers, office supplies and other consumer electronics.
Amazon.com, Inc. is one of the most famous ecommerce companies and is located in
Seattle, Washington (USA). It was founded in 1994 by Jeff Bezos and was one of the
first American ecommerce companies to sell products over the Internet. After the dot-
com collapse Amazon lost its position asa successful business model, however, in
2003 the company made its first annual profit which was the first step to the further
development.
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into the cinema and is currently sponsoring the film "The Stolen Child" with 20th
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Century Fox.
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the review system, i.e. the ability for visitors to submit their reviews and rate any
product on a rating scale from one to five stars. Amazon.com is also well-known for
its clear and user-friendly advanced search facility which enables visitors to search
for keywords in the full text of many books in the database.
One more company which has contributed much to the process of ecommerce
development is Dell Inc., an American company located in Texas, which stands third
in computer sales within the industry behind Hewlett-Packard and Acer.
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Launched in 1994 as a static page, Dell.com has made rapid strides, and by the end of
1997 was the first company to record a million dollars in online sales. The company's
unique strategy of selling goods over the World Wide Web with no retail outlets and
no middlemen has been admired by a lot of customers and imitated by a great number
of ecommerce businesses. The key factor of Dell's success is that Dell.com enables
customers to choose and to control, i.e. visitors can browse the site and assemble PCs
piece by piece choosing each single component based on their budget and
requirements. According to statistics, approximately half of the company's profit
comes from the web site.
In 2007, Fortune magazine ranked Dell as the 34th-largest company in the Fortune
500 list and 8th on its annual Top 20 list of the most successful and admired
companies in the USA in recognition of the company's business model.
to the customer advantage. It is a world which we are all building together brick by
brick, laying a secure foundation for the future generations.
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Now imagine that same product was just a couple of clicks away from being theirs. A
well-designed eCommerce site can influence purchase decisions by showcasing your
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product at its best, and making it as easy as pie to take action and make a purchase.
eXtra's customer-friendly online shop has been such a success that they have tripled
their revenues in 2014. Their secret?
A searchable and convenient catalog that makes purchasing easy, with plenty of
product reviews to encourage that sale.
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It's a social world out there, with customers turning to social media such as Facebook
and Twitter to research potential purchases.
For a smart business, an engaging social media presence can raise their company
profile and encourage traffic and sales. A well thought out social media strategy
marries well with a good eCommerce site, forging connections with buyers. Offers,
competitions and other shareable content can be used to grab attention and
encourage visits to your eCommerce store.
Axiom Telecom takes its social media presence seriously, with a YouTube channel
filled with useful videos, and a Facebook page that's regularly updated with shareable
feel-good pictures of their food.
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It's a seemingly simple strategy but it connects emotionally, garnering them a lot of
likes - and custom.
3. eCommerce Is Convenient
Whether they're just getting through the door after a 10-hour work day, or getting
the shopping done at the crack of dawn before the kids get up, customers appreciate
the convenience of online shopping.
People's lives are hectic; getting to a bricks and mortar store means taking a sizeable
chunk out of their day for a detour.
eCommerce means you can fit into your customer's busy lives, offering the products
they want, when they want them.
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with a quick checkout process, order tracking and quick shipping is a winning
combination.
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eCommerce can be used in ways a traditional bricks and mortar store couldn't,
whether that is by offering intangible products, providing some kind of web search,
or giving customers the ability to order a product to their exact specifications.
eCommerce can be used to broaden your range of products for sale, bringing you
more custom and diversifying your sales.
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When Apple first started ITunes, it was viewed as an IPod marketing tactic rather
than a serious online store.
With billions of sales, ITunes is now a vital part of the global Apple brand,
demonstrating how eCommerce can be used to broaden what a brand offers,
diversifying and increasing sales.
Namshi has built an entire business, and reputation, around offering shoppers a
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personalized experience. Busy browsers can enter their brand preferences and size,
and receive regular personalized newsletters full of bargains to suit them.
Some authors view e-business as the evolution of e-commerce from the buying
and selling over the internet,and argue that the farmer is a subset of the latter
(Turban et al,2006). Other defend that, although related , they are distinct
concepts (Laudon and Traver, 2008). Others use both terms interchangeably to
mean the same thing (Schneidere,2002). ( Kalakota and robinson , 2000)
proposed a definition of e-business that clearly stresses the differences between
e-commerce and e-business. More precisely they assume that “e-business is not
just about e-commerce transaction or about buying and selling over the web ; it
is the overall stratergy of redefining old business models, with the aid of
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change for B2C e-commerce however, thing will be more complex, there will be
wider range of relevant media including interactive digital TV and a range of
mobile 51 and wireless service there will be huge difference between different
consumer ownership of equipment and access technology . some will have
broadband access and others have no digital communication at all.
Nir B. Kshetri (2001) This paper attempt to identified and synthesized the
available evidence on predictors of magnitude, global distribution and forms of
e-commerce. The analysis indicated that the twin forces of globalization and
major revolution in ICT are fuelling the rapid growth of global e-commerce.
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Prithviraj Dasgupta and Kasturi Sengupta (2002) reported that the recent growth
of internet infrastructure and introduction of economic reforms in the insurance
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I have reviwed the academic literature to gain insight into “E-Commerce in india
“. So various articles, books, journals, websites, etc have been used to study the
evolution, conceptual framework, definitions, key players, present trends (
relatingto internet penetration, growth prospects, modes of payment preferred
etc), future prospects and barriers of e-commerce.
All the data included is necessary base and proper references have been given
wherever necessary.
The data is presented with the help of pie chart , bar chart, and graphs .
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(such as the Internet) through which transactions or terms of sale are performed
electronically. Contrary to popular belief, ecommerce is not just on the Web.
In fact, ecommerce was alive and well in business to business transactions before
the Web back in the 70s via EDI (Electronic Data Interchange) through VANs (Value-
Added Networks). Ecommerce can be broken into four main categories: B2B, B2C,
C2B, and C2C.
B2B (Business-to-Business)
Companies doing business with each other such as manufacturers selling to
distributors and wholesalers selling to retailers. Pricing is based on quantity of
order and is often negotiable.
B2C (Business-to-Consumer)
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Businesses selling to the general public typically through catalogs utilizing shopping
cart software. By dollar volume, B2B takes the prize, however B2C is really what the
average Joe has in mind with regards to ecommerce as a whole.
Having a hard time finding a book? Need to purchase a custom, high-end computer
system? How about a first class, all-inclusive trip to a tropical island? With the
advent ecommerce, all three things can be purchased literally in minutes without
human interaction.
C2B (Consumer-to-Business)
A consumer posts his project with a set budget online and within hours companies
review the consumer's requirements and bid on the project. The consumer reviews
the bids and selects the company that will complete the project. Enlace empowers
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consumers around the world by providing the meeting ground and platform for such
transactions.
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C2C (Consumer-to-Consumer)
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There are many sites offering free classifieds, auctions, and forums where
individuals can buy and sell thanks to online payment systems like PayPal where
people can send and receive money online with ease. EBay’s auction service is a
great example of where person-to-person transactions take place every day since
1995
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recently partnered with Bollywood actor Saif Ali Khan to launch ‘House of Pataudi’
brand. Desigual and WROGN from Virat Kohli. In 2016, Snapdeal tied up with
multiple players like Zomato, Redbus, Cleartrip and Urbanclap to cross –sell their
offerings on its platform, thereby increasing its stickness for customers.
Current Scenario
Online shopping in its early stage was a simple medium for shopping with
fewer options. The users can just place an order and pay cash on delivery. But,
in last few years this field has been renovated to a high extent and hence
fascinated many customers. Today, the online shopping has become a trend in
India and the reason behind the adoption of this technique lies in the
attractive online websites, user friendly interface, bulky online stores with new
fashion, easy payment methods (i.e. secure pay online via gateways like
Phonepe, Paytm, cash-on-delivery), no bound on quantity & quality, one can
choose the items based on size, colour, price, etc.
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market with a boom. Though the Indian online market is far behind the US and
the UK, it has been growing at a fast page.
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Evolution of the online marketplace model with websites like eBay, Flipkart,
Snapdeal,Amazon, Myntra etc.
Social media has now become the hub for the merchants which enables them
to analyze the customer choice based on their purchase activities. Social
network like LinkedIn, Twitter, Google+, Facebook and others have become a
medium for easy log-in and purchase. Moreover, the clients can stay updated
via the posts published on this media. Further, the advertising & promotions
on these social sites has increased the chances of success of generating
transactions to many folds.
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businesses and gain high profits. Though online shopping has been present
since the
2000 but it
gained
popularity
only with deep
discount
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model of
Flipkart. In a
way it re-launched
online
shopping in
India. Soon other portals like Amazon, Flipkart, Jabong, etc. started hunting
India for their businesss.
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www.c3mentorsclasses.com C3 MENTORS COMMERCE CLASSES OF B.COM & M.COM.
AT Kearney in its 2014 Global retail development Index (GRDI). Consumer behavior
has changed rapidly and visiting a local store to buy a mobile phone is now more of a
pain.
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Chapter3
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online and using credit card for online transaction. Indian citizens are now
third biggest users of credit cards for making online purchases globally and
they are next only to the citizens of Turkey and Ireland.
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bond of trust among buyers and because of this Flipkart has achieve stunning
growth.
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FIG 1.1
IN FIG 1.1 they are the founder of the india top most e-commerce website
flipkart MR. SACHIN BANSAL AND BINNY BANSAL
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We Read
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2010
2010
2012
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FIG 1.2
Investment
1200
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1000
800
600
400
200
0
14-
200 201 201 201 13- 13- 14-
Ma
9 0 1 2 Jul Oct Jul
y
Investment 1 10 20 150 200 160 210 1000
FIG 1.3
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IN FIG 1.3 it shows the investment in millions. The company started with a very
small amount of investment in 2009 there investment was not seen in the
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graph but it gradually increases in the next coming years in 2011 it increased
little bit ,then in 2012 it increases and reached the 200 miilion which is a great
success. Then in 2013 it exceeds the 200 million , after that it slowly decreases
by a little amount and in july 2014 it reached the 1000 million and became the
indias top e-commerce website.
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100000000
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0
2015 2016 2017 2018 2019
FIG 1.4
FIG 1.4 defines the internet user growth rate which is highly increased from
2015 to 2019 in 2015 the internet user was 259000000 which reached the
525000000 in 2019.
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Sales
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8%
16% Tier 1
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Tier2
55% Tier 3
21% Rural
FIG 1.5
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This fig 1.5 shows the sale of the company, maximum contribution of sale is
from the Tier 1 cities and there is a very less contribution by rural areas due to
lack of internet knowledge.
PRODUCTS AVAILABLE.
. Electronic goods
.Apparels
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.Computer peripherals
Software, hardware .
Girls, boys
.Footwares
Girls , boys
.Baby care
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STRENGHTHS OF FLIPKART.
24*7 customer support service
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FINDINGS.
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FLIPKART
1.WWW.Flipkart.com 2. www.wikipedia.com
3. www.techcircle.vcircle.com 4. www.medianama.com
www.c3mentorsclasses.com
5. www.economicsonline.org 6. www.economicsonline.org
7. slideshare
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4.1Conclusion
4.2Recommendations
For the success of E-Commerce in India, the companies should not for get
that purchase habit of Indian customers is different than the customers of
developed countries. Indian customers will accept E-Commerce when the
companies are having customer centric approach. TQM is about creating
consumer empathy with the strong bond inlongterm. Compiling a list of
features offered by the different brands will no longer sustain unless and
until it is provided by the backup of security, privacy, cyber laws and so
many quality features which the customers expect in the transactions.
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Almost every brand in the Market today has reached parity in terms of
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features and technology they offer. But this parity is still limited to specific
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types of products. Unfortunately till date all marketing efforts have limited
their focus to sale their products to very limited number of customers at
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short and medium levels and not to create customers through innovative
ideas to give un expected benefits which will create the
Positive impact for E-Commerce compare to their traditional shopping
habits. Also some companies are redefining customer value by focusing on
various aspects but the collective effort and standardization of efforts is
very important. The success of the E-Commerce is not only depends on the
managerial decisions but it also need the consideration of the active
participation of the employee and every person
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Bibliography:
INTERNET
[1]www.Google.com
[2]en.wikipedia.com
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[3]www.Slideshare.com
BOOKS
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QUESTIONNAIRE
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Self employed [ ]
Service [ ]
Student [ ]
Others [ ]
4) Please tick your income range
Less than Rs. 2 lakhs per annum [ ]
Rs. 2 lakhs to Rs. 5 lakhs per annum [ ]
Rs. 5 lakhs to Rs. 10 lakhs per annum [ ]
More than Rs. 10 lakhs per annum [ ]
5) Please tick your education as relevant
Post graduate [ ]
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Graduate [ ]
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Yes [ ] No [ ]
8) Which is your most preferred ecommerce website
Flipkart [ ]
Amazon [ ]
Snapdeal [ ]
Others [ ]
9) How frequently have you used the ecommerce website for getting
information before shopping at a physical store
Always [ ]
Often [ ]
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Rarely [ ]
Never [ ]
Product spesifications [ ]
Price comparison among products [ ]
10) Tick all the product varieties that you generally prefer buying online
Personal products( perfume,beauty,creams,razors) [ ]
Mobiles/Tablets [ ]
Laptops and accessories [ ]
Cameras [ ]
Books [ ]
Digital products [ ]
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Yes [ ] No [ ]
12) Do you consider online shopping safe ?
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Yes [ ] No [ ]
13) How was your first experience with Flipkart ?
Excellent [ ]
Good [ ]
Average [ ]
Bad [ ]
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Yes [ ] No [ ]
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