Small businesses (SMEs) are struggling due to the rise of e-commerce Business Case Presentation CareerX 40 Group - 1 JKKNIU Presented by
Table of Content Buying a Hat Market Analysis Our Solution Benefits Profitability Limitations
Tom VS Jerry 1. Buying a Hat 1
Tom VS Jerry 1. Buying a Hat 2 Tom ordered from Dvaly Price of Hat: 150tk Delivery Cost: 130tk Timeline of Delivery: 3-4 days Overall Cost: 280tk Price of hat: 150tk Jerry ordered from Super.Store Price of Hat: 150tk Delivery Cost: 50tk Timeline of Delivery: Same day Overall Cost: 200tk Jerry saved 80tk and 3 days
So…What’s going on here? 1. Buying a Hat 3
2. Market Analysis 4 According to Statista Source: https://www.statista.com/outlook/emo/ecommerce/bangladesh Revenue in the eCommerce Market of Bangladesh is projected to reach US$6,800m in 2024. Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 12.84% , resulting in a projected market volume of US$12,440m by 2029 .
2. Market Analysis 5 Impact on SME Images from: [1] http://www.franchisebangladesh.com/news/top-6-retail-business-ideas-in-bangladesh.57 [2] https://sardarenterprise.com/cosmetics-importers-in-bd/
2. Market Analysis 6 Impact on SME Not able to adapt to the changes Do not have the skillset Drop in sells
2. Market Analysis 7 What can they do? They can browse YouTube / Facebook Familiar with the fintech
DEVELOP A SYSTEM/SOFTWARE. CREATE LISTING OF PRODUCTS. GET INSIGHTS FROM THE SME BUSINESS HOLDER. HELP THEM TO UNDERSTAND OUR SERVICE. NOTIFY ABOUT THE ORDER TO THE NEAREST SELLER FROM OUR PLATFORM. 3. Our Solution Approach to be taken 8
BENEFITS Cut the cost of delivery Able to deliver on the same day Help the SMEs to boost their business Overall creation of a sustainable business Business will be more decentralized 9 4. Benefits
Process 10
5. Profitability Profitability How are we going to sustain? Sharing the revenue with the seller The standard is 15-45% depending on the product category. Sharing revenue with the delivery freelancers around 5-10% Sourcing products for the sellers. Introducing more services according to the market response. 11
6. Limitations Limitations 12 Long wait period for becoming a profitable company Customer Satisfaction Initial Seed Funding Quality control