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Bliss & Blossom: E-commerce business plan

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BLISS & BLOSSOM : THE BUSINESS
Transcript
Page 1: Bliss & Blossom: E-commerce business plan

BLISS & BLOSSOM : THE BUSINESS

Page 2: Bliss & Blossom: E-commerce business plan

INTRODUCTION

Business to Consumer

Pure – play e-commerce company

Sale of flowers and gifts

Merchant business model

Follow dropshipping point

Operate in Germany

Page 3: Bliss & Blossom: E-commerce business plan

PRODUCTS

Flowers

Cakes

Chocolates

Cards

Soft Toys etc ....

With Custom Messages

Why?

These products are always in demand

Page 4: Bliss & Blossom: E-commerce business plan

CUSTOMERS

Our customers range acroos all age groups

Why will they use our site?

Convenience

24/7 availability

Easy mode of payment

Fast delivery

Quality

Easy return policy

Page 5: Bliss & Blossom: E-commerce business plan

PROCESS

Page 6: Bliss & Blossom: E-commerce business plan

AIM

Adhere to quality standards.

Achieve customer satisfaction

Reduced or no complaints

No return of products

Improve trust

Increate loyality

Thereby increase the revenue of the business

Page 7: Bliss & Blossom: E-commerce business plan

BLISS & BLOSSOM :

IMPACT OF E-COMMERCE

Page 8: Bliss & Blossom: E-commerce business plan

WHY E-COMMERCE IS APPROPRIATE

Saves lot amount of time for the customer to do

shopping.

Not location or geographic dependent.

Replaces traditional commerce method.

Good memorial shopping experience.

Low transaction charges and efficient billing system.

Instant and free shipping along with tracking information.

Page 9: Bliss & Blossom: E-commerce business plan

ROLE OF E-COMMERCE IN BLISS & BLOSSOM

Create successful business.

Online payment services.

Customer service.

Categorization of products and messages

Page 10: Bliss & Blossom: E-commerce business plan

TYPE OF BUSINESS ENGAGED

Dimentions of Bliss & Blossom

Process – Digital

Product – Physical

Delivery - Physical

Page 11: Bliss & Blossom: E-commerce business plan

IMPACT ON BUSINESS OPERATIONS,

MANAGEMENT, COMPETITIVE ADVATAGE

Business Operations :

Sell only online, Excellent cutomer support

Management:

Target customers, Analyze sales, Manage credits

Competitive advantage:

Surpass the competition with innovative ideas, update

to latest web technologies.

Page 12: Bliss & Blossom: E-commerce business plan

HOW INFORMATION IS PROCESSED

Data Acquisition

Explicit actuisition – Detailed information.

Implicit actuisition – Behavior of web pages

Data Analysis

Shopping experience easier.

Understand the customer needs.

Efficient customer support.

Page 13: Bliss & Blossom: E-commerce business plan

BLISS & BLOSSOM : E-COMMERCE

BUSINESS AND REVENUE MODELS

Page 14: Bliss & Blossom: E-commerce business plan

OPERATING BUSINESS MODEL

Online Direct Merchant.

Retailer of goods (flowers, wines and other gifts)

Web Store with product information and online ordering

mechanism.

Sales based of fixed pre-set price list.

Delivery of physical goods.

Page 15: Bliss & Blossom: E-commerce business plan

BENEFITS OFFERED BY OUR BUSINESS MODEL

Elimination of the need for a physical shop.

No need for warehousing.

Web store available to customers all over the world.

Makes use of the extensive marketing opportunity

of the web

Page 16: Bliss & Blossom: E-commerce business plan

Revenue Model: Sales Based

Sales of major products (flowers).

Sales of add-ons (gift items).

Benefits of sales model of our business

Items are being sold.

Charging customers for items purchased on web

instantly.

Online revenue and sales in our market segment on the

rise

Page 17: Bliss & Blossom: E-commerce business plan

BLISS & BLOSSOM :

PAYMENT AND SECURITY

Page 18: Bliss & Blossom: E-commerce business plan

PAYMENT

Cash is King - but only once upon a time.

Electronic Payments changed the role played by

banknotes and coins.

Electronic Payments : seal the deal in today’s

business world.

Payment System Categories :

Payment without safeguards

Payment with safeguards

Payment with virtual wallets

Page 19: Bliss & Blossom: E-commerce business plan

PAYMENT (CONT..)

“Precisely what form of payment might

customer use?” After all, the customer can and

will purchase only if we allow them to pay as they

wish

Will open a Merchant Account

Use Gateway provided by Authorize.net

Will support for two virtual wallets, i.e. Paypal and

Google Wallet

Page 20: Bliss & Blossom: E-commerce business plan

PAYMENT (CONT..)

Page 21: Bliss & Blossom: E-commerce business plan

SECURITY

Build and maintain a secure network

Protect Cardholder Data

Maintain a Vulnerability Management Program

Strong Access Control

Page 22: Bliss & Blossom: E-commerce business plan

TRUST BUILDING MEASURES

Every little detail affect a customer’s trust

Measures we will take to build trust are:

Add security badges and icons

Providing detailed company infomation & contact

By giving quality descriptions and content

Enabling and encouriging ratings and reviews

Promote social sharing

Probably the most important thing we can do to

build trust in our store is to provide customers with

high quality products and service. By doing so a lot

of these efforts will naturally follow.

Page 23: Bliss & Blossom: E-commerce business plan

BLISS & BLOSSOM :

SYSTEM FUNCTIONS

Page 24: Bliss & Blossom: E-commerce business plan

MEASURMENT & ANALYTICS

Total Customer Experience (TCE):-Business Integration-Investigate negative incidents-Understanding customer`s perspective-Strategy-Research

-Human-Computer-Interaction (HCI) -Customer Relationship Management (CRM)

Page 25: Bliss & Blossom: E-commerce business plan

THREE STAGES OF CUSTOMER`S INTERACTION-SERVICE ENCOUNTER-E-COMMERCE ENCOUNTER-POST-ENCOUNTER

Page 26: Bliss & Blossom: E-commerce business plan

ONLINE SHOPPING CUSTOMER SATISFACTION

Page 27: Bliss & Blossom: E-commerce business plan

CRITERIA TO SATISFY THE USER`S

PERSPECTIVE

- Easy of Navigation

-Design

-Information

- Page response

-colors

-Availability

-contact details

-five second rule

-privacy

-secure payment process

-Trust

-No errors

Page 28: Bliss & Blossom: E-commerce business plan

THANK YOU


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