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SUBMITTED BY:
CHARU AUKTA
HP UNIVERSITY
BUSINESS SCHOOL
INTRODUCTION
A new era has started where people around the world prefer to be globally
present and active in every corner of world. The global presence in itself is
goodwill for the company as well as it will benefit in its overall growth. NeoEpo
provides such platform to the companies all over the world to showcase its
products and trade globally, to have a universal market for its products on few
clicks.
2. History
NeoEpo India Private Limited's Annual General Meeting (AGM) was last held on
27 September 2017 and as per records from Ministry of Corporate Affairs
(MCA), its balance sheet was last filed on 31 March 2017. Ajay Kumar and
Indira Devi are appointed as directors of NeoEpo India Private Limited.
• The transaction is only preceded when both buyers and sellers are
satisfied to take it further.
• There is no scope for delayed payments or bad debts.
This is how the Business model of NeoEpo works. It holds the credibility to
perform the task with 100% surety and very less chances of malfunctioning.
This company keeps up with the promises made prior to the transaction and
long after it actually happens.
SWOT Analysis
STRENGTHS WEAKNESSES base of OPPORTUNITIES THREATS
Systematicprocess competitors, such as 1. Creative marketing 1.Competitors as big
Online availability alibaba,amazon& indiamart techniques players in market
Cross border Less popularity
2.More skilled Not all sellers are
availability 3.Less employees
employees
2. Large customer
Does not charge 4.Small product line
3. Niche marketing
ready to deal in global
before actual 5. Low social media
4.Wide social media platform
transaction avalibility
coverage
• Less attractive
Less no. of 6. Less information
5. Giving discounts
deals
competitors for about company on
and offers on deals
global trade in internet Less capital
6. Building of trust
Indo-US/UK involved
7. Less buyers and
among buyers and
platform sellers involved Growing power
sellers
of competitors
Share option for 8. Less intertrested
7. Speed up
employees buyers in products Risk of new
transactions
Deterministic available entrants
8. Creation of new
directors of compny 9. Quality sellers are Communication
network
not avilable for barriers
Creating base
9. Travel around
through dealings Fluctuation in
country to find more
communication 10. Limited Presence of currency
sellers
Good work company in India Economic
10. Wide publicity
culture 11. No proper analysis policies 10.Shipping
11. Bring coverage to
of needs and wants of costs Produ ct
Young employee
innovative products
buyers quality issues
base
12. Personal Demand and Supply
12. Slow overall growth
assistance to gap
of company
customers
13. No mobile
13. Educate sellers for
application available
improvements
14. Less traffic on
14. Convey needs of
website
buyers to sellers
15. Less content about
15. Take feedback
successful transaction
from buyers and
on site
sellers
16. No feedback tab on
16. Take note on
site.
scope of
17. Less involvement
improvements in
with buyers & sellers overall company and
its processes
Competitor Analysis
are demanded by the Top E-commerce players such as alibaba,
amazonbusiness, eBay & indiamart are major competitors of NeoEpo; all are
with high presence globally. Large customer base of competitors gives a great
challenge to company to grow existentially. These companies have large
investments involved and are equipped with new technologies and platforms
to market products on wide
level. Being a “Big Brand” people easily rely on these companies to join and to
establish sales agreements. Well, in India people are less educated about the
global trade platforms and there are many core villages ignorant of marketing
their products outside of country or even their own state. The rural regions of
India are abundant of traditional eye catching art pieces and handicrafts, these
areas are untouched by e-commerce global players and buyers and customers
throughout the world.
1. Way too many sellers : Alibaba is not putting a cap on the number of
sellers who register to partner up with the company. This has
resulted in a huge number of sellers competing in the online market
place. While this is good for the buyers, it might not be so good tothe
buyers. Not being able to taste success because of the huge
competition will make the sellers withdraw from the contract. When
Alibaba went public a couple of years ago, there were more than 8.5
million active sellers and the number has only been going up ever
since. Because of this, a few reputed brands have pulled out from
selling their products on Taobao and Tmall, the two websites by
Alibaba.
2. Very high discounts : Not being able to allow sellers to sell at fair and
profitable prices is another weakness that the company has. Itmakes
most of its revenues by selling advertising spaces for the sellers. The
sellers are being suppressed now and do not have the freedom or
opportunity to sell at profitable rates.
• Opportunities: following are the opportunities in SWOT Analysis of
alibaba:
1. Experience in China: The opportunities that Alibaba has in store are
immense. Most of these result from the strengths. Since it has a
sound base in the Chinese market and an in-depth understanding of
the e-commerce business, it has immense opportunities in term of
tapping other markets. Thought the Indian market has twodominant
players, a big blown entry by Alibaba sure has the ability to create
ripples.
2. Rising Investments and demand of E-commerce portals: Very few E-
commerce portals garner the amount of trust which Alibaba has.
Naturally, when Alibaba expands to a new country, it comes with the
years of trust on the brand. And hence, it gives tough competition to
the local e-commerce players. Plus, it has the backing of the
manufacturers.
• Threats: following are the threats in SWOT Analysis of alibaba:
1. Overall rising competition: Other entities like Tencent and JD.com are
local competitors to Alibaba in China while Amazon and eBay are the
global threats.
2. Stability of the economy: The stability of the Chinese economy will
also play a role in deciding the success of the business. But since
almost all of Alibaba’s business comes from within China, theglobal
markets will have an impact only in dire situations.
3. Dropping profitability: With rising demand in service levels from E-
commerce portals, the profitability of most E-commerce firms is
dropping which is a point of worry for Alibaba as well.
Amazon Business gives administrators the ability to add and manage business
account users and features, such as payment methods and shipping addresses,
approval workflows, and reporting options, depending on the business needs.
According to Amazon, with a full suite of tools to enable B2B ecommerce, all
sizes of businesses, from SBA organizations to large enterprises, can find new
ways to engage professional customers in supply chain relationships using the
platform.
Amazon Business allows companies to cater to the specific requirements of
business customers by providing features optimized for business to business
transactions, such as:
1) Exclusive Business SKUs: You can create listings only for businesses, visible
only to business buyers.
3) Tax Exemption: Amazon has extended the tax exemption program to sellers.
You can now provide tax exemption for qualified purchases with just the click
of a button.
4) Seller Credentials: As a seller, you can also add credentials such as ISO 9001
certified, small business, women, minority and veteran-owned business to
your seller profile, which will be displayed to business customers.
The Amazon Business Seller program includes a monthly subscription fee and
certain applicable referral fees. These features are available to sellers in the
Amazon Business Seller Program only.
business model and Pro-Tip: Prior approval may be required to offer products
in the categories listed under “Categories Requiring Approval. Referral fees on
orders from Amazon Business customers vary by product category.
• Cons:
• Less buyers and sellers involved: The buyers and sellers are few in
number and should be increased by adopting creative Marketing
strategies.
• Less interested buyers in products available: Maybe the buyers aren’t
interested in the products which are available on website, so product
range should be increased.
• Quality sellers are not available for dealings: Handling the gap
between the quality standards demanded and provided by sellers
holds a big responsibility for company. The company should
constantly convey to sellers about the trends and quality
requirements of buyers outside.
• Limited Presence of company in India: In India itself the company has
a very less availability and limited presence. The ones who are
already dealing with an intermediary for trading can also sell
showcase their products because there might be whole new bunchof
buyers available on this platform.
• No proper analysis of needs and wants of buyers: The needs and
wants of the buyers should be examined thoroughly and respected
sellers should be contacted which can hopefully fulfill the
requirements, if not then guidance can be provided to related sellers
to work on needs and produce a product of that nature. This can lead
to the satisfaction of buyers as well as up gradation of sellers.
• Slow overall growth of company: The Company has been
incorporated in year 2015, since then the growth isslow.
• Less traffic on website: There seem to be less traffic or customers on
website, it can work on its marketing strategies to have a larger
customer base.
• No feedback tab on site: There can be a feedback tab on website,in
order to know the perspective of viewers over the company and its
website.
• Less involvement with buyers & sellers: The Company seems tobe
less engage in one on one conversation with buyers and seller
regarding their needs and assistance. There should be a proper
platform for buyers and sellers to respectfully accept their
suggestions and provide them assistance for their queries and
doubts.
• Non availability of proper picture of products, price, discounts &
description of product on website or anywhere. The companycan
work upon giving a realistic view of available products over its
website and social media platform.
As a fresher i will put in all my efforts for the growth of the company . Being an intern i will
look forward to learn new things and gain some experience so that i can improve my skills
and decision making power . I will work hard with my team mates to attain the goals of the
organisation.
CONCLUSION
NeoEpo has wide opportunities to grow its presence and grow its business
substantially. Few areas of improvements can be looked after and can be
brought into practice. The key requirement is of marketing and publicity of the
company and its website. When done as team and good determination it will
lead to the overall growth of company. Employee engagement as well as
customer’s assistance should be of priority and there should be constant up
gradation in product ranges and services provided by company. Thus, company
can climb the stair case of progress with combined effort and good luck in its
pocket. It will be nice to join NeoEpo Incorporation, looking forward to add
towards the success of this company.
Thank you.