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Over 10 products/ minute. The founders of Flipkart..

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Presentation on theme: "Over 10 products/ minute. The founders of Flipkart.."— Presentation transcript:

1 Over 10 products/ minute

2 The founders of Flipkart..

3 Flipkart was founded In 2007. Today, in a matter of 8 years, it has become the largest e-commerce website of India.

4 In 2008, Flipkart started with sales of 4 crores rupees. Today, it aims at generating sales of 70,000 crores for the current year. But, It reported a loss of Rs 720 crore for the year ended March 2014.

5 Kishore Biyani’s Future Group boasts of big names such as Big Bazaar and Pantaloons.

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9 6000 cr. 90,000 Cr. 15 TIMES INCREASE.. At one end Flip kart is running into losses, and at other end their valuation is so high! HOW?

10 Foreign Investors know that e-commerce is the future of retail business. Thus, they are making huge investments, despite of the fact that flipkart is still running into losses. Is the future!!

11 Investors such as Xiaomi mobiles gave sole rights of selling their phones in India. Flipkart put up a sale for 10,000 mobile phones, but the sale lasted for only 5 seconds.

12 He believed in the upliftment of his employees. He gave shares of the company to his employees. So, when the company progressed, the employees became millionaires. Narayana Murthy : former CEO of Infosys

13 Flipkart is also recruiting almost 30,000 new employees every year. It is said that pizza deliveries are getting delayed because all the deliverymen are being roped in by Flipkart and Snap deal for carrying out their deliveries, with double the salaries.

14 WHY is Flipkart offering all these discounts. Why don’t they make profits? It is the company’s strategy to capture the market share.

15 Flipkart declared that it would shut down its website soon and go app only. The main reason is that all the visitors of a website can be monitored. But that’s not the case with Smartphone apps. Thus, no information would be disclosed to the competitors.

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17 Walmart is the world’s largest company by revenue, as well as the biggest private employer in the world with 22 lac employees. But, Facebook is now even bigger than Walmart, when it comes to its value on stock market.

18 1, 20,000 crore In 2013, Facebook offered to buy Snapchat for a whopping 20,000 crore

19 THE ONLINE REVOLUTION !!


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