Upload
keerthan-g
View
1.275
Download
3
Embed Size (px)
DESCRIPTION
Citation preview
Keerthan G
IIM Indore
Why ? ?
The idea is based on online or E-marketing of
fashion apparel
Apparel sales by giving the customers a ‘ Try it
on yourself’ feel through ‘Virtual Trial Room’
Enables yourself to see the style and the fit
Pre-requisites
• Company should have a store in large cities to serve the customers
• Offer the customers online shopping facility
• Collect the photo and measurements
• Store it in a database for the customers to make online purchases
How does it really work?
1. First a website on which everything is
hosted
2. Costumers profile and picture is collected
3. Database of each customer is maintained
(contd)
Contd..
4. Costumers login to profile and browse through various styles and varieties of design
5. Select a particular design
6. Try it virtually on their body profile(image) maintained in the database
Contd..
Contd..
7. Virtual Trial Room: Have a feel of how it
looks on him/her
8. Order it online
9. Shipment within 7 days
10. Pay on delivery model
Login to account
Browse the collection
Select an apparel
Try it on the Virtual Trial Room
Check the fit
If satisfied order it
Shipped in 7 days
Pay on delivery
Rate the product on website
15 days return policy
What differentiates ben-E-fit from existing
online apparel vendors?Existing online vendors
Virtual try it on yourself.
Feel of how it looks on you.
Virtual Trial Room
No idea on how it appears
on you
Customized ordering
according to the
requirements
No customization. Standard
sizes and style.
Pay on delivery Most vendors are Pay on
purchase
Growth prospects
• Internet usage increasing drastically in India
• 100 million present Internet users.
• Online sales expected to touch Rs. 7,000 croresby 2015
• Online shopping to increase with ease in operations
• 100 per cent annual growth in online shopping in past few years
Target customers
• Internet savvy online purchasers
• City dwellers- because of convenience
and relief from traffic
• Price conscious buyers as it provides
price range selection
How are people assured of the service?
• A store in all big cities in India to buy in store as well as to address any issues in online shopping
• Rating of products and customer reviews on the website to give a quality assurance
• Informed buying service for the consumers
• Toll free telephone helpline
Typical website Home page
Selection Window
Virtual Online Trail Room
Feasibility of the Idea
• Optimal use of technology
• Easy implementation
• Handling of operations is the main
challenge and can be outsourced
• High value to the customers
References:
1. http://indiatoday.intoday.in/story/india-
online-shopping-consumer-
goods/1/159023.html
2. http://www.indiasocial.in/nielsen-global-
online-shopping-report