ebuisness
DESCRIPTION
TRANSCRIPT
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Introduction
Online social lending service1
Launched in 2005 2
Provide low rate loan 3
Act as a middle man4
Destination site www.zopa.com5
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Features
Brick and mortar1
Buyer oriented 2
C2C buisness3
Auction ( commercial mechanism)4
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• C2C buisness model• Register first• Same bank process• Zopa loans start at £1,000 to £15,000.
• Affiliated revenue (commission based)• Payment insurance
Buisness Model
Revenue Model
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Zopa has a unique/different marketing strategy than the most of other online companies.• Zopa has putt effort on the “word-of-mouth”
• Another important strategy is that Zopa uses Search-Engine-Marketing as its main onlinemarketing activity but it needs certainimprovements
Marketing Strategy
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SWOT
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• Low rates• No interest and credits• Reduced labour cost
• Commision based• Risk of defaulters• Lack of marketing
SWOT analysis
Strenght
Weakness
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• Craze of social connectivity• Large no. Of borrowers• Untapped market
• Social media• Less depositors• Aquisition threat
SWOT analysis
Oppertunities
Threats
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• Free formers
Target Market
Good QualityNot good Quality
Low Price
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JetsportFruittare
Duvall is quoted as saying: "it's a group that's growing really quickly. I
think in the 10 or 15 years time most people will work this way. It's
happening right across the developing world. We've been doing some
research in the US and we think there are some 30 or 40 million people
there with these attitudes and behaviours".
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Good QualityNot good Quality
Low Price
ChocBarDoughnut
JetsportFruittare
James Alexander says: 'I spend a lot of time talking to members and
have found enormous goodwill towards the idea, which is really like
lending to family members or within a community'. But he also says
that some of the lenders are simply entrepreneurs who have the funds,
understand portfolio diversification and risk and are lending on Zopa
alongside other investments.
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It allows consumers to directly buy goods or services from a seller over the internet using a web browser. Firebox.com is an e-commerce store based in London that was created in 1998 as hotbox.co.uk.
History
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• If we see in e-business type then firebox.com is consumer to consumer (c2c) site where consumer (seller) sell his product to consumer (buyer), And vice versa.
Firebox.com is a buyer oriented site in which buyer and seller meet with one another and later on the seller provide services for satisfaction of product and brand.
Type
Place for online representation
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Type of online intermiediaries
Search engines
Youtube
Portals
“that help user to seek destination site
”
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• Over the years we’ve learned to manage our customers database like any other key business asset - we invest in it and we nurture it to generate the best possible ROI.
Marketing Strategy
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• The coolest thing you can buy has appointed its global fulfillment partner new phase of international growth.
• The five years partnership launches in july 2013 dispatch thousands of products to firebox customer globally.
1500 unique products
• Fire box achieve a more sophisticated e commerce fulfillment strategy to focus on its international growth.
Global supply chain
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QualityImageBrandingAvailability
Payment method: paypal, visa, American express.Discount :Discount rates are given with the products
Marketing mix
Product
price
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• Firebox is now a multi-channel retailer. It also introduce very sales promotion and it also give incentives to staff.
Sales promotionProduct promotionMarketing promotion
Marketing Mix
Place
promotion
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• Dotcom started from 1995.and this is about those web site that allowed to sell things via internet. (Amazon.com)(ebay.com) is the example of dotcom. And dotcom boom comes during 1995 to 2000. Dotcom boom is also known as the dotcom bubble, internet bubble etc. In the 1990s bills. there are a lot of online companies but there were no cash coming into the pay. They had high stock prices but nothing backup products. And in the end of decade most of the companies failed and dotcom bust. And In this decade firebox opened but they had all kind of strategies with these strategies firebox.com work properly in uk, usa and other countries..
Dot com phenomenon
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?Any questions around this topic?
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BY: KhadeejaThank you