Swot Analysis Of E-Commerce
E-commerce is one of the trending topics in today’s world, and in the Indian context, the e-commerce industry is led by the Indian giant – Flipkart. With brick and mortar stores and offline selling of products being touted as “old fashioned”, the online commercial players have been able to case a revolutionary change in the purchasing mindsets of customers by launching several innovative services such as same day delivery of products, attractive discounts and offers etc.
The price benefit
It is an undeniable fact that price is one of the key differentiators which govern the sale decisions of consumers. And, competition on price with online players is extremely difficult. This is because they tend to save on the cost incurred on warehousing, …show more content…
The various documents which are required to be produced for registration as a sole proprietor includes a signed declaration on an official letter head stating the bank details held for the business, PAN card, bank statements for the bank account registered in the Flipkart payment gateway, telephone or electricity bill in the name of the proprietorship firm or any other address proof signed by a recognized public authority.
Private Limited Company
Registering as a Private Limited Company is one of the preferred routes to become a Flipkart registered seller because it covers liability protection to promoters.
Private Limited Company is an opted choice for partners and investors. In order to register as a Private Limited Company, the firm has to mandatorily provide the Memorandum of Association, the company PAN card and a copy of the certificate of incorporation of the Private Limited Company. A copy of the rental or electricity bill with the name of the company would suffice as an acceptable proof of
The price benefit
It is an undeniable fact that price is one of the key differentiators which govern the sale decisions of consumers. And, competition on price with online players is extremely difficult. This is because they tend to save on the cost incurred on warehousing, …show more content…
The various documents which are required to be produced for registration as a sole proprietor includes a signed declaration on an official letter head stating the bank details held for the business, PAN card, bank statements for the bank account registered in the Flipkart payment gateway, telephone or electricity bill in the name of the proprietorship firm or any other address proof signed by a recognized public authority.
Private Limited Company
Registering as a Private Limited Company is one of the preferred routes to become a Flipkart registered seller because it covers liability protection to promoters.
Private Limited Company is an opted choice for partners and investors. In order to register as a Private Limited Company, the firm has to mandatorily provide the Memorandum of Association, the company PAN card and a copy of the certificate of incorporation of the Private Limited Company. A copy of the rental or electricity bill with the name of the company would suffice as an acceptable proof of