SlideShare ist ein Scribd-Unternehmen logo
1 von 20
Introduction
• Paytm is one of the largest and fastest growing Indian e-commerce shopping
websites launched in 2010 and is headquartered in Noida
• It was founded by Vijay Shekar Sharma
• Paytm means ‘Pay through Mobile’
• Initially it focused on mobile and DTH recharging
• In 2014, the company launched Paytm Wallet, India’s largest mobile payment
service platform with over 40 million wallets.
• It has over 122 million active users
• It handles around 7 million transactions worth about Rs 120 crore
The Marketing Mix of
Product Mix
• Paytm is a payment system via the electronic-commerce medium
• It started it’s operations as a B2B organisation but then realised the
importance of customer participation and hence opened up a B2C option
• Paytm offers various products & services like online shopping, e-wallet, etc
• Customers can access Paytm through their computer and as an app on their
smartphones for making and receiving payments, mobile recharging, paying
various bills and DTH, etc
• QR Codes scanning makes it easier for faster transactions to be made
Price Mix
• PayTM is a free to use service and is a medium through which customers can
make payments for goods and services
• The PayTM Wallet is free to download and allows customers to make and
receive payments quickly and efficiently and the money in the PayTM Wallets
can be transferred to the customers bank accounts
• PayTM also gives discounts and offers on products to customers and
sometimes even gives them free services
• PayTM earns it’s revenue from commissions on transactions
• Paytm also offers Cashbacks
Place Mix
• Paytm like any other app or website, is accessible everywhere through a
smartphone or laptop that has an internet connectivity
• Paytm is widely accepted as a mode of payment across various industries,
sectors and geographies
• Several restaurants, groceries, supermarkets and hotels accept Paytm as a
payment method
• These show he extensive reach of the service, which is widely accepted by
vendors and customers alike
Promotion Mix
• Paytm was able to scale up its business
quickly after demonetization
• Ad campaigns have been showcased through
TV commercials, online ad banners, billboards,
print media like newspapers, magazines, etc
• The catchy phrase, ’Paytm karo’ has also
helped them to become a household name
• They also rely heavily on word-of-mouth
publicity
Promotion Mix
Billboards
Promotion Mix
• It was preferred by many people as it was
convenient and quick for making and receiving
payments
• In October 2016 they started a railway and
flight booking service
• 93% of their rail bookings comes from the app
• More than 3 million passes were booked on Paytm in May 2017, many of which
had come from Tier 1 & Tier 2 cities
• Paytm is the title sponsor for every cricket series in India hosted by BCCI since the
year 2015
Promotion Mix
• Paytm Gold launched in April 2017, has
been successful in drawing in a customer
base to save Gold digitally in a cost effective
manner
• 60% of purchases were from Tier 1 & Tier 2
cities
• People can send 24k Gold as a gift by using
their Gold Passbook
Paytm Gold
PROS of
• Convenience
• Discounts offered
• No change worries
• Multipurpose uses
• Tracking spends
• Universal compatibility of app and website in all platforms
CONS of
• No proper grievance redressal system
• No stringent legal process to prevent online frauds
• Challenging for tech unfriendly people
• Majority consider cash as primary currency
• Lack of internet availability in certain parts of the country
Future Opportunities of
• Tapping the untapped market
• Payment through wallets using NFC, tokenization, biometrics – Because
Mobile devices will be a mainstream option for person-to-person or person-to-
business payments
• Exponential growth in online shopping (online retail sales surpassed almost 40
billion USD in end 2016)
• Developing solutions that are not payment solutions, but are touch payments –
solutions for merchant, gift, loyalty, data analytics, etc
• Financial Inclusion
• Analytics solutions
• Remittances
Future Challenges of
• They are under the constant threat of being hacked
• Network and server issues can give rise to huge problems
• The E-wallet market is highly saturated with substitutes like Whatsapp Pay,
Mobikwik, PayUmoney, FreeCharge, etc
Thank You

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (20)

Paytm
PaytmPaytm
Paytm
 
Business Analysis of Paytm
Business Analysis of PaytmBusiness Analysis of Paytm
Business Analysis of Paytm
 
Paytm - Case Study Overview
Paytm - Case Study OverviewPaytm - Case Study Overview
Paytm - Case Study Overview
 
Paytm presentation
Paytm presentationPaytm presentation
Paytm presentation
 
Paytm AND BUSINESS MODEL OF PAYTM
Paytm AND BUSINESS MODEL OF PAYTMPaytm AND BUSINESS MODEL OF PAYTM
Paytm AND BUSINESS MODEL OF PAYTM
 
Paytm Market Analysis
Paytm Market AnalysisPaytm Market Analysis
Paytm Market Analysis
 
Paytm ppt
Paytm pptPaytm ppt
Paytm ppt
 
Paytm
PaytmPaytm
Paytm
 
revenue model of paytm
revenue model of paytmrevenue model of paytm
revenue model of paytm
 
Swot analysis of Paytm
Swot analysis of PaytmSwot analysis of Paytm
Swot analysis of Paytm
 
Paytm story
Paytm story Paytm story
Paytm story
 
Bharat qr payment systems
Bharat qr payment systemsBharat qr payment systems
Bharat qr payment systems
 
Paytm
PaytmPaytm
Paytm
 
Digital wallet service in india - Netscribes
Digital wallet service in india - NetscribesDigital wallet service in india - Netscribes
Digital wallet service in india - Netscribes
 
Business mode of paytm
Business mode of paytmBusiness mode of paytm
Business mode of paytm
 
Paytm
PaytmPaytm
Paytm
 
Paytm vs snapdeal
Paytm vs snapdealPaytm vs snapdeal
Paytm vs snapdeal
 
paytm marketing mix on 7 p
paytm marketing mix on 7 p paytm marketing mix on 7 p
paytm marketing mix on 7 p
 
Case Study on PAYTM
Case Study on PAYTM Case Study on PAYTM
Case Study on PAYTM
 
Paytm (2)
Paytm (2)Paytm (2)
Paytm (2)
 

Ähnlich wie Paytm: Marketing Mix | Pros & Cons

Paytm-Harsh Mandot
Paytm-Harsh MandotPaytm-Harsh Mandot
Paytm-Harsh MandotHarsh Jain
 
Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013
Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013
Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013eTailing India
 
Avinash paytm Neww.pptx
Avinash paytm Neww.pptxAvinash paytm Neww.pptx
Avinash paytm Neww.pptxAvinashKuyate
 
Creating New Payforit Business Models
Creating New Payforit Business ModelsCreating New Payforit Business Models
Creating New Payforit Business ModelsOxygen8 Group
 
Towards cashless economy
Towards cashless economyTowards cashless economy
Towards cashless economyJithin Parakka
 
Mobile Payments in India_Abhinav Sharma
Mobile Payments in India_Abhinav SharmaMobile Payments in India_Abhinav Sharma
Mobile Payments in India_Abhinav SharmaAbhinav Sharma
 
Digital disruptions in finance
Digital disruptions in financeDigital disruptions in finance
Digital disruptions in financeErnie Teo
 
Top 8 digital payment trends for 2020
Top 8 digital payment trends for 2020Top 8 digital payment trends for 2020
Top 8 digital payment trends for 2020Nikunj Gundaniya
 
Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...
Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...
Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...Arnab Ghosh
 
Digital banking in India - Operation, Payments and Clearing
Digital banking in India - Operation, Payments and ClearingDigital banking in India - Operation, Payments and Clearing
Digital banking in India - Operation, Payments and ClearingSupratik Nag
 
WAY4 Solutions Overview
WAY4 Solutions OverviewWAY4 Solutions Overview
WAY4 Solutions OverviewBachNguyenNhu
 
Cashless economy - Presentation of Cashless economy methods to follow
Cashless economy - Presentation of Cashless economy methods to followCashless economy - Presentation of Cashless economy methods to follow
Cashless economy - Presentation of Cashless economy methods to followAbhinav Reddy Lattu
 
cashlesseconomyppt-171212063021 (1).pdf
cashlesseconomyppt-171212063021 (1).pdfcashlesseconomyppt-171212063021 (1).pdf
cashlesseconomyppt-171212063021 (1).pdfDarshanAgrawal18
 
Usage of payment gateways
Usage of payment gatewaysUsage of payment gateways
Usage of payment gatewaysMehrArora
 

Ähnlich wie Paytm: Marketing Mix | Pros & Cons (20)

Presentation on Paytm mobile application
Presentation on Paytm mobile applicationPresentation on Paytm mobile application
Presentation on Paytm mobile application
 
Cashless economy
Cashless economyCashless economy
Cashless economy
 
Paytm-Harsh Mandot
Paytm-Harsh MandotPaytm-Harsh Mandot
Paytm-Harsh Mandot
 
Paytm
PaytmPaytm
Paytm
 
Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013
Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013
Tarun Arora- ATOM- eTailing India Conclave Jaipur- 2013
 
Avinash paytm Neww.pptx
Avinash paytm Neww.pptxAvinash paytm Neww.pptx
Avinash paytm Neww.pptx
 
Creating New Payforit Business Models
Creating New Payforit Business ModelsCreating New Payforit Business Models
Creating New Payforit Business Models
 
PayTech Trends 2016
PayTech Trends 2016PayTech Trends 2016
PayTech Trends 2016
 
Towards cashless economy
Towards cashless economyTowards cashless economy
Towards cashless economy
 
Mobile Payments in India_Abhinav Sharma
Mobile Payments in India_Abhinav SharmaMobile Payments in India_Abhinav Sharma
Mobile Payments in India_Abhinav Sharma
 
Mswipe
MswipeMswipe
Mswipe
 
Paytm
PaytmPaytm
Paytm
 
Digital disruptions in finance
Digital disruptions in financeDigital disruptions in finance
Digital disruptions in finance
 
Top 8 digital payment trends for 2020
Top 8 digital payment trends for 2020Top 8 digital payment trends for 2020
Top 8 digital payment trends for 2020
 
Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...
Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...
Why Cash is Still King - Examining the Effectiveness of Alternate Delivery Ch...
 
Digital banking in India - Operation, Payments and Clearing
Digital banking in India - Operation, Payments and ClearingDigital banking in India - Operation, Payments and Clearing
Digital banking in India - Operation, Payments and Clearing
 
WAY4 Solutions Overview
WAY4 Solutions OverviewWAY4 Solutions Overview
WAY4 Solutions Overview
 
Cashless economy - Presentation of Cashless economy methods to follow
Cashless economy - Presentation of Cashless economy methods to followCashless economy - Presentation of Cashless economy methods to follow
Cashless economy - Presentation of Cashless economy methods to follow
 
cashlesseconomyppt-171212063021 (1).pdf
cashlesseconomyppt-171212063021 (1).pdfcashlesseconomyppt-171212063021 (1).pdf
cashlesseconomyppt-171212063021 (1).pdf
 
Usage of payment gateways
Usage of payment gatewaysUsage of payment gateways
Usage of payment gateways
 

Mehr von Yohan DSouza

Shelter Don Bosco - CSR Fundraising
Shelter Don Bosco - CSR FundraisingShelter Don Bosco - CSR Fundraising
Shelter Don Bosco - CSR FundraisingYohan DSouza
 
Changing attitudes of consumers through emotional advertising
Changing attitudes of consumers through emotional advertisingChanging attitudes of consumers through emotional advertising
Changing attitudes of consumers through emotional advertisingYohan DSouza
 
Impact of Digital Technologies on the Advertising Industry
Impact of Digital Technologies on the Advertising IndustryImpact of Digital Technologies on the Advertising Industry
Impact of Digital Technologies on the Advertising IndustryYohan DSouza
 
Service Marketing - IndiGo
Service Marketing - IndiGoService Marketing - IndiGo
Service Marketing - IndiGoYohan DSouza
 
Sales Process for Airlines
Sales Process for AirlinesSales Process for Airlines
Sales Process for AirlinesYohan DSouza
 
Mahindra Tractors - Rural Marketing
Mahindra Tractors - Rural MarketingMahindra Tractors - Rural Marketing
Mahindra Tractors - Rural MarketingYohan DSouza
 
Indigo - Service Marketing (Study)
Indigo - Service Marketing (Study)Indigo - Service Marketing (Study)
Indigo - Service Marketing (Study)Yohan DSouza
 
Cirque Du Soleil (Case Study)
Cirque Du Soleil (Case Study)Cirque Du Soleil (Case Study)
Cirque Du Soleil (Case Study)Yohan DSouza
 
A Report on the Punjab National Bank Scam (Nirav Modi)
A Report on the Punjab National Bank Scam (Nirav Modi)A Report on the Punjab National Bank Scam (Nirav Modi)
A Report on the Punjab National Bank Scam (Nirav Modi)Yohan DSouza
 
Human Resource Management: Types of Appraisals
Human Resource Management: Types of AppraisalsHuman Resource Management: Types of Appraisals
Human Resource Management: Types of AppraisalsYohan DSouza
 
ERPG Model (Economics)
ERPG Model (Economics)ERPG Model (Economics)
ERPG Model (Economics)Yohan DSouza
 
Cultural differences between China & UK
Cultural differences between China & UKCultural differences between China & UK
Cultural differences between China & UKYohan DSouza
 
MDH Masala: Spicy Success (Brand Management)
MDH Masala: Spicy Success (Brand Management)MDH Masala: Spicy Success (Brand Management)
MDH Masala: Spicy Success (Brand Management)Yohan DSouza
 

Mehr von Yohan DSouza (13)

Shelter Don Bosco - CSR Fundraising
Shelter Don Bosco - CSR FundraisingShelter Don Bosco - CSR Fundraising
Shelter Don Bosco - CSR Fundraising
 
Changing attitudes of consumers through emotional advertising
Changing attitudes of consumers through emotional advertisingChanging attitudes of consumers through emotional advertising
Changing attitudes of consumers through emotional advertising
 
Impact of Digital Technologies on the Advertising Industry
Impact of Digital Technologies on the Advertising IndustryImpact of Digital Technologies on the Advertising Industry
Impact of Digital Technologies on the Advertising Industry
 
Service Marketing - IndiGo
Service Marketing - IndiGoService Marketing - IndiGo
Service Marketing - IndiGo
 
Sales Process for Airlines
Sales Process for AirlinesSales Process for Airlines
Sales Process for Airlines
 
Mahindra Tractors - Rural Marketing
Mahindra Tractors - Rural MarketingMahindra Tractors - Rural Marketing
Mahindra Tractors - Rural Marketing
 
Indigo - Service Marketing (Study)
Indigo - Service Marketing (Study)Indigo - Service Marketing (Study)
Indigo - Service Marketing (Study)
 
Cirque Du Soleil (Case Study)
Cirque Du Soleil (Case Study)Cirque Du Soleil (Case Study)
Cirque Du Soleil (Case Study)
 
A Report on the Punjab National Bank Scam (Nirav Modi)
A Report on the Punjab National Bank Scam (Nirav Modi)A Report on the Punjab National Bank Scam (Nirav Modi)
A Report on the Punjab National Bank Scam (Nirav Modi)
 
Human Resource Management: Types of Appraisals
Human Resource Management: Types of AppraisalsHuman Resource Management: Types of Appraisals
Human Resource Management: Types of Appraisals
 
ERPG Model (Economics)
ERPG Model (Economics)ERPG Model (Economics)
ERPG Model (Economics)
 
Cultural differences between China & UK
Cultural differences between China & UKCultural differences between China & UK
Cultural differences between China & UK
 
MDH Masala: Spicy Success (Brand Management)
MDH Masala: Spicy Success (Brand Management)MDH Masala: Spicy Success (Brand Management)
MDH Masala: Spicy Success (Brand Management)
 

Kürzlich hochgeladen

Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesGoogle 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesSearch Engine Journal
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesMathuraa
 
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of  Distribution Ad Network.pdfDistribution Ad Platform_ The Role of  Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of Distribution Ad Network.pdfTransports Advertising
 
Major SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain DigitalMajor SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain DigitalBanyanbrain
 
Cash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girlCash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girlCall girl Jaipur
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationtbatkhuu1
 
The+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdfThe+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdfSocial Samosa
 
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleMy Heart Throw Pillow
 
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night ServiceVIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Servicemeghakumariji156
 
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.comnmislamchannal
 
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptxUnveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptxelizabethella096
 
Labour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxLabour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxelizabethella096
 
Best 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In ChandigarhBest 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In Chandigarhhamitthakurdma01
 
Martal Group - B2B Lead Gen Agency - Onboarding Overview
Martal Group - B2B Lead Gen Agency - Onboarding OverviewMartal Group - B2B Lead Gen Agency - Onboarding Overview
Martal Group - B2B Lead Gen Agency - Onboarding OverviewMartal Group
 
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceDelhi Call girls
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfPiyush Kumar
 

Kürzlich hochgeladen (20)

Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 135 Noida Escorts >༒8448380779 Escort Service
 
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best StrategiesGoogle 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
Google 3rd-Party Cookie Deprecation [Update] + 5 Best Strategies
 
How consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their livesHow consumers use technology and the impacts on their lives
How consumers use technology and the impacts on their lives
 
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of  Distribution Ad Network.pdfDistribution Ad Platform_ The Role of  Distribution Ad Network.pdf
Distribution Ad Platform_ The Role of Distribution Ad Network.pdf
 
Major SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain DigitalMajor SEO Trends in 2024 - Banyanbrain Digital
Major SEO Trends in 2024 - Banyanbrain Digital
 
Cash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girlCash payment girl 9257726604 Hand ✋ to Hand over girl
Cash payment girl 9257726604 Hand ✋ to Hand over girl
 
Kraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentationKraft Mac and Cheese campaign presentation
Kraft Mac and Cheese campaign presentation
 
The+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdfThe+State+of+Careers+In+Retention+Marketing-2.pdf
The+State+of+Careers+In+Retention+Marketing-2.pdf
 
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Sector 49 Noida Escorts >༒8448380779 Escort Service
 
Discover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your LifestyleDiscover Ardency Elite: Elevate Your Lifestyle
Discover Ardency Elite: Elevate Your Lifestyle
 
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night ServiceVIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
VIP Call Girls Dongri WhatsApp +91-9833363713, Full Night Service
 
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 128 Noida Escorts >༒8448380779 Escort Service
 
2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com2024 Social Trends Report V4 from Later.com
2024 Social Trends Report V4 from Later.com
 
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
4 TRIK CARA MENGGUGURKAN JANIN ATAU ABORSI KANDUNGAN
 
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptxUnveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
Unveiling the Legacy of the Rosetta stone A Key to Ancient Knowledge.pptx
 
Labour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptxLabour Day Celebrating Workers and Their Contributions.pptx
Labour Day Celebrating Workers and Their Contributions.pptx
 
Best 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In ChandigarhBest 5 Graphics Designing Course In Chandigarh
Best 5 Graphics Designing Course In Chandigarh
 
Martal Group - B2B Lead Gen Agency - Onboarding Overview
Martal Group - B2B Lead Gen Agency - Onboarding OverviewMartal Group - B2B Lead Gen Agency - Onboarding Overview
Martal Group - B2B Lead Gen Agency - Onboarding Overview
 
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort ServiceBDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
BDSM⚡Call Girls in Sector 144 Noida Escorts >༒8448380779 Escort Service
 
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdfMicro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
Micro-Choices, Max Impact Personalizing Your Journey, One Moment at a Time.pdf
 

Paytm: Marketing Mix | Pros & Cons

  • 1.
  • 2. Introduction • Paytm is one of the largest and fastest growing Indian e-commerce shopping websites launched in 2010 and is headquartered in Noida • It was founded by Vijay Shekar Sharma • Paytm means ‘Pay through Mobile’ • Initially it focused on mobile and DTH recharging • In 2014, the company launched Paytm Wallet, India’s largest mobile payment service platform with over 40 million wallets. • It has over 122 million active users • It handles around 7 million transactions worth about Rs 120 crore
  • 4. Product Mix • Paytm is a payment system via the electronic-commerce medium • It started it’s operations as a B2B organisation but then realised the importance of customer participation and hence opened up a B2C option • Paytm offers various products & services like online shopping, e-wallet, etc • Customers can access Paytm through their computer and as an app on their smartphones for making and receiving payments, mobile recharging, paying various bills and DTH, etc • QR Codes scanning makes it easier for faster transactions to be made
  • 5.
  • 6. Price Mix • PayTM is a free to use service and is a medium through which customers can make payments for goods and services • The PayTM Wallet is free to download and allows customers to make and receive payments quickly and efficiently and the money in the PayTM Wallets can be transferred to the customers bank accounts • PayTM also gives discounts and offers on products to customers and sometimes even gives them free services • PayTM earns it’s revenue from commissions on transactions • Paytm also offers Cashbacks
  • 7. Place Mix • Paytm like any other app or website, is accessible everywhere through a smartphone or laptop that has an internet connectivity • Paytm is widely accepted as a mode of payment across various industries, sectors and geographies • Several restaurants, groceries, supermarkets and hotels accept Paytm as a payment method • These show he extensive reach of the service, which is widely accepted by vendors and customers alike
  • 8. Promotion Mix • Paytm was able to scale up its business quickly after demonetization • Ad campaigns have been showcased through TV commercials, online ad banners, billboards, print media like newspapers, magazines, etc • The catchy phrase, ’Paytm karo’ has also helped them to become a household name • They also rely heavily on word-of-mouth publicity
  • 10. Promotion Mix • It was preferred by many people as it was convenient and quick for making and receiving payments • In October 2016 they started a railway and flight booking service • 93% of their rail bookings comes from the app • More than 3 million passes were booked on Paytm in May 2017, many of which had come from Tier 1 & Tier 2 cities • Paytm is the title sponsor for every cricket series in India hosted by BCCI since the year 2015
  • 11. Promotion Mix • Paytm Gold launched in April 2017, has been successful in drawing in a customer base to save Gold digitally in a cost effective manner • 60% of purchases were from Tier 1 & Tier 2 cities • People can send 24k Gold as a gift by using their Gold Passbook Paytm Gold
  • 13. • Convenience • Discounts offered • No change worries • Multipurpose uses • Tracking spends • Universal compatibility of app and website in all platforms
  • 15. • No proper grievance redressal system • No stringent legal process to prevent online frauds • Challenging for tech unfriendly people • Majority consider cash as primary currency • Lack of internet availability in certain parts of the country
  • 17. • Tapping the untapped market • Payment through wallets using NFC, tokenization, biometrics – Because Mobile devices will be a mainstream option for person-to-person or person-to- business payments • Exponential growth in online shopping (online retail sales surpassed almost 40 billion USD in end 2016) • Developing solutions that are not payment solutions, but are touch payments – solutions for merchant, gift, loyalty, data analytics, etc • Financial Inclusion • Analytics solutions • Remittances
  • 19. • They are under the constant threat of being hacked • Network and server issues can give rise to huge problems • The E-wallet market is highly saturated with substitutes like Whatsapp Pay, Mobikwik, PayUmoney, FreeCharge, etc