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INTRODUCING E-COMMERCE INDUSTRY & MANAS IFINET A tour to future

Introducing E-COMMERCE INDUSTRY & manas ifinet

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Introducing E-COMMERCE INDUSTRY & manas ifinet. A tour to future. Introduction to E-commerce. To understand the complexity of e-commerce and its many facets. To explore how e-business and e-commerce lift together. To identify the impact of e-commerce. - PowerPoint PPT Presentation

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Page 1: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

INTRODUCING E-COMMERCE INDUSTRY & MANAS IFINETA tour to future

Page 2: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Introduction to E-commerce

•To understand the complexity of e-commerce and its many facets.

• To explore how e-business and e-commerce lift together.

• To identify the impact of e-commerce.

• To recognize the benefits and limitations of e-commerce.

•To use classification frameworks for analyzing e-commerce.

•To identify the main barriers to the growth and development of e-commerce in organizations

What is Electronic Commerce

What About E-Business

E-commerce, E-business, Who E-cares?

Impact of E-commerce

Page 3: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

WHAT IS ELECTRONIC E-COMMERCE?

Page 4: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

From the Eyes Of Manas Ifinet

By Internet commerce, we mean the use of the global Internet for purchase and sale of goods, services, including service and support after sale. Internet commerce brings some new technology and new capabilities to business, but the fundamental business problems are those that merchants have faced for hundred - even thousands - of years: you must have something to sell, make it known to potential buyers, accept payment deliver the goods or services, and provide appropriate service after the sale.

Low Risk

No Bargain

Reaching Target Consumer becomes easy

Less Manpower

From merchant shoes:

Transperency

Page 5: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

What About E-Business ?

There are many different definitions and understanding about E-Commerce.

According to Frederick J. Riggins and Hyeun-Suk Rhee, a recent pilot survey shows that some practitioners and managers view E-Commerce --> buying and selling goods and products over internet. However, researchers believe the E-Commerce practice should include a wide variety of presale and post-sale activities.

Customer-to-business

Intra-organizational

Business-to business

Open for Business 24x7

Page 6: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

E-commerce, E-business, Who E-cares? Some analysts and on-line business people have decided that e-business is infinitely superior as a moniker to e-commerce. That’s misleading and distracts us from the business goals at hand. The effort to separate the E-commerce and E-business concepts appears to have been driven by marketing motives and is dreadfully thin in substance. Here’s the important thing: E-commerce, E-business or whatever else you may want to call it is a means to an end.

Page 7: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

IMPACT OF E-COMMERCE

Page 8: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

E-commerce and e-business are not solely the Internet, websites or dot comcompanies. It is about a new business concept that incorporates all previous business management and economic concepts. As such, e-businessand e-commerce impact on many areas of business and disciplines ofbusiness management studies. For example:• Marketing – issues of on-line advertising, marketing strategies andconsumer behavior and cultures. One of the areas in which it impactsparticularly is direct marketing. In the past this was mainly door-to-door, home parties (like the Tupperware parties) and mail order using catalogues or leaflets. This moved to telemarketing and TV selling with the advances in telephone and television technology and finally developed into e-marketing spawning ‘e-CRM’ (customer relationship management) data mining and the like by creating new channels for direct sales and promotion.•Computer sciences – development of different network and computingtechnologies and languages to support e-commerce and e-business, forexample linking front and back office legacy systems with the ‘webbased’ technology.c Finance and accounting – on-line banking; issues of transaction costs;accounting and auditing implications where ‘intangible’ assets andhuman capital must be tangibly valued in an increasingly knowledgebased economy.•Economics – the impact of e-commerce on local and global economies;understanding the concepts of a digital and knowledge-based economyand how this fits into economic theory.

Page 9: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

•Production and operations management – the impact of on-line processinghas led to reduced cycle times. It takes seconds to deliver digitizedproducts and services electronically; similarly the time for processingorders can be reduced by more than 90 per cent from days to minutes.Production systems are integrated with finance marketing and otherfunctional systems as well as with business partners and customers (seeIntel mini-case).Intel launched their on-line business in summer 1998 when their sales shot from zero to $1 billion per month in the first month of operation. The reason for this is that they totally re-engineered their processes to include small and medium-sized businesses. Previously only Intel’s larger customers were connected to them by expensive EDI networks, leaving the small and medium-sized companies sending faxes or phoning in orders or requirements. Intel concentrated on procurement and customer support for a range of their products (including computer chips and microprocessors), developing an extranet (which is the linking of a number of intranets using Internet technology with added security creating virtually private networks). By using the extranet, authorized small and medium-sized business partners could place orders, track the orders and look at product documentation on the site. The savings for Intel and their customers were large – they eliminated 45,000 faxes in a quarter to Taiwan alone – saving on time, telephone charges and fax paper. Eleven of the larger Intel companies were connected to another system which let Intel link to customer plants across the Internet to track part consumption.

Page 10: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Visualize It!

Page 11: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

E-commerce Process

ResearchTargeted Consum

erService Support

Page 12: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Understand The E-market & its demand

Target your consumer by age or sex

based on the variety of products

Ultra fast shipping &

customer care

Ensuring customer

satisfaction

E-commerce Process

Page 13: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

MANAS IFINET

Page 14: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Vision Statement

Mission Statement

To be the safest, most progressive E-commerce Provider relentless in the pursuit of Client and employee excellence.

To capitalize on the efficiency of Information Technology Industry to serve Clients. WE strive constantly to make Manas Ifinet a winning competitor both today and in the future. We embrace bold strategies that will lead to our success in the marketplace. We aggressively leverage our unique set of assets to provide exceptional value for our shareholders and Clients.

Manas IfinetEmpowering IT Solutions

Page 15: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Founded in 2010 as a small company with a big vision.

Maintained a phenomenal growth over the years.

Achieved total financial stability since inception and grown solely based on internally generated funds.

Consistent record of over 80% of business coming from repeat customers.

Spotless delivery record of many successful project deliveries over the years.

A dedicated team of brilliant advisors, for innovating new ideas for our loyal clients & investors

Fact Sheet

Page 16: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Milestones

Year 2010 & 2011• Corporate Performance Web development center with an infrastructure to support web2.0 & software services which include Business and System applications development. Financial year was closed with the revenue of $63,000 & $105,300 respectively

• Global Initiatives Establishment in India – Varanasi & New Delhi

• Strategic Initiatives Reached end consumer with offers which is available nowhere else in the industry. Empowered Consumers through Affiliate commissions & Spiff.

Page 17: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Why we are different?

Manas Ifinet’s E-commerce portal is different from our competitors in lot of ways:

•Affiliate incentives

•Loyalty Incentives

•Greeting our clients on their birthday & wedding anniversary

•Lucky Draws

•Huge pay per sale commission for vendors

•Lucky draws & performance based gifts/prizes for vendors & agents

Page 18: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Affiliate incentives

It is the most unique concept, which opens a new segment in the era of consumer empowerment.

Manas Ifinet empowers a common consumer to fulfill their shopping needs without paying anything or without referring any other consumer for the amount of up-to 25,000 INR

*Terms & Conditions apply

1 Details about this can only be provided after NDA is signed

Page 19: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Loyalty Incentives

We value our consumers loyalty!

It is an unvalued respect & loyalty to have consumers who shop from us on several occasions. We respect and thank them for their support.

As a piece of thanks is given to our loyal consumers/clients once they shop from us 3rd time within 180days.

Loyalty incentives are up-to `50,000

*Terms & Conditions apply

1 Details about this can only be provided after NDA is signed

Page 20: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Greeting our clients on their birthday & wedding anniversaryAs we go on, we never forget important date of our end consumers. We greet them through mails and texts. Our consumers are also greeted with surprise gifts which is shipped at their home on the day of anniversary.

*Terms & Conditions apply

1 Details about this can only be provided after NDA is signed

Page 21: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Lucky Draws

We have a spiff program which is planned for weekly monthly & quarterly basis. Both for agents & our clients.

Employee & Consumers programs oppose to each other.

*Terms & Conditions apply

1 Details about this can only be provided after NDA is signed

Page 22: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

Huge commission & incentives

Commission is based on the no. of sales hit or exceeds the daily target.

Commission examples per sale(for vendors only):1. `2,500 for one sold package

2. `4,000 for one sold package

3. `900 for one sold package

4. `2,000 for one sold package

5. `500 for one sold package

Commissions are up-to `12,000/

*Terms & Conditions apply

$ Commission differs from package to package

1 Details about this can only be provided after NDA is signed

Page 23: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

If E-commerce than why Tele-Sales? Thousands of companies rely on the phone for a substantial part of their sales. Telephone sales now surpass direct mail as a form of advertising for businesses. Out-bound telemarketing provides the opportunity to make sales calls, to upgrade mail orders, do prospecting, or speed up cash flow to the corporation.

Page 24: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

What we sell?

Mobiles & Accessories, Electronics, Home & Kitchen, Tablet PC, Laptops, Net-books, Clothing, Bags, Lifestyle, Camera and thousands more…

*Vendors will be updated in advance of any change made in the aforesaid categories

Page 25: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

E-competitors

Page 26: Introducing  E-COMMERCE INDUSTRY &  manas ifinet

THANK YOUCREATED BY- MOHAMMAD ANAS (BUSINESS DEVELOPMENT

EXECUTIVE)