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E- BOUTIQUE.pptx

  1. 1. Presented By: Avantika Singh Roll no MB22021 Presented To: Dr. Vijay Singh A Mini Project on
  2. 2.  An e-boutique is a small shop that typically sells fashionable clothing or accessories through the Internet.  For instance, an e clothing boutique might sell high-quality, high-end or trendy products at a significantly higher price point than what you’d find at a traditional retail business or department store. And one of the most appealing aspects of an online store is growth potential.
  3. 3. E- Boutique Hub is a new Boutique shop that has been created for the Lucknow people. Our focus is to provide customized wear, apparel and accessories and position ourselves as the top retail store servicing this particular market. Our intentions are to obtain market share and become a central hub of shopping activity for the local population who enjoy wearing fashionable apparel. Boutique Gallery will be located at Aminabad which has centralized itself directly in position to the residential location and social activities of our target market. We believe that this is critical to our initial success and long-term growth.
  4. 4. • To maintain profit margins at 15-20% through close attention to expenses and cost of goods sold. • To drive awareness and build sales through mentions in both local print and the nation’s top fashion magazines • To earn 80% market share and become the number one ethnic Traditional wear apparel store • To receive a 50% profit margin within the first year. • To have a customer base of 1,000 by the end of the first operating year • To be an active and vocal member in the community supporting agricultural events, and equestrian organizations working with children.
  5. 5. Research Design  Exploratory Research  Exploratory research is defined as a research used to investigate a problem which is not clearly defined. It is conducted to have a better understanding of the existing problem, but will not provide conclusive results. For such a research, a researcher starts with a general idea and uses this research as a medium to identify issues, that can be the focus for future research.  Types of Data Collection  Secondary Data Collection (books and internet )
  6. 6.  1. Faster buying process  2. Store and product listing creation  3. Cost reduction  4. Affordable advertising and marketing  5. Flexibility for customers  6. Product and price comparison  7. No reach limitations  8. Faster response to buyer/market demands  9. Several payment modes  10. Enables easy exports
  7. 7.  Frauds in online shopping  Missing the shopping experience  Lack of significant discounts in online shops  Delay in delivery
  8. 8.  The ubiquity of internet access has leveled the retail playing field, making it easy for individuals and businesses to sell products without geographic limitation. In 2020, U.S. e-commerce sales, receiving a boost due to the COVID-19 pandemic, grew 44% and represented more than 21% of total retail sales, according to e-commerce information source Internet Retailer. The growth of e- commerce has not only changed the way customers shop, but also their expectations of how brands approach customer service, personalize communications, and provide customers choices. The changing times are exciting for the fashion and boutique industry. Big changes are already in the making and older brands and concepts that do not take heed may miss out in the future.
  9. 9.  We are confident that E- Boutique can achieve its goal. In addition, the management has carefully considered its market, potential customer base, and its ability to grow its sales average to capture market share. In five years, we hope to have established ours business within the industry. Furthermore, as owner, I would like to see the growth of our store with increase in product lines, further penetration of the national market with online sales. Under the right set of circumstances the opening of E- Boutique franchise in different locations of Lucknow Customer satisfaction in e-commerce is also influenced by the prices charged by retailers. When individuals perceive that are saving money and paying fair prices, they feel more contentment after finishing the purchase.
  10. 10.  https://online.maryville.edu/blog/future-of- online-shopping/  https://www.tutorialspoint.com/what-are-the- advantages-and-disadvantages-of-online-shopping  https://sell.amazon.in/seller-blog/advantages-of- ecommerce  https://www.facebook.com/eboutique77/

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