Printvenue (1)

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MANUFACTURING MODEL PRESENTED BY: E.SURESH(138919) G.SIVA SREE(138920) ARUNMAI(138921) G.SIRI (138922)

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printvenue

Transcript of Printvenue (1)

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MANUFACTURING MODEL

PRESENTED BY:

E.SURESH(138919)

G.SIVA SREE(138920)

ARUNMAI(138921)

G.SIRI (138922)

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Manufacturing Model

Suppliers Manufacturerss

Delivery Customer

Places an order

If stock is not available with manufacturer , procure from supplier

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About Print venue.com

• New standard of quality and service for online commercial printing

• Founded by Sourabh Kochhar in june 2012,ex employee of Mc.kinsey&co.

• Started business by printing business cards and now it has expanded product portfolio to 200 items.

• Expanding business into Singapore.• It is funded by Rocket Internet Group headquartered at Berlin.

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Products

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Web architecture

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Framework

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• Expansion Plans: Expanding into major markets like Singapore which

accounts for about 15% of the total revenue

Plans to expand into south east Asian countries.

• Location and Facilities: Located at Gurgoan It has 500 skus ( Stock Keeping Units)

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Competitive comparisons

• Printvenue offers diverse product of more than 300.

• Its customization and delivery is expensive

• Doesn’t provide printing for home parties.

• Also provides Kitchen ware (but very less designs)which other websites do not provide.

• Several players like Vista print,printo, Delhi based Printbazaar and printland are its major competitors. Printland offers printing solutions for home parties and offer products at low cost

• Print bazaar also offers printing solutions for home parties

• Vista print has an edge over printvenue in providing low cost and few products which are not sufficiently available in printvenue like laptop bags.

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STRENGTHS WEAKNESSES

1. Provides product diversification2. Offers customized products3. Offers quality products4. Expanded its customer base in a short

span5. High secure payments

1. Limited to only few brands2. Too costly 3. Reach ability4. Inventory maintenance5. Charges more on the services they

provide .

6. Weak logistics.

OPPORTUNITIES THREATS

1. Can provide customized kitchen designs

2. Can increase its target segmentation

3. Can expand globally

1. Competitors like Vistaprint.

2. Local sellers.

SWOT ANALYSIS:

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Suppliers

• Pens- Parker , symphony , imperial , Cobalt , Sheaffer.

• Pen drives – HP , PNY hook attacher .• Bags- Kara • Wallets – Kara

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Security

• Uses SSL(Secure Socket Layer) protocol for payments• GeoTrust maintains the security• This is a large digital certificate provider• GeoTrust is acquired from Verisign by Semantic for $1.28b• Collaberated with 17 banks.

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PAYMENT SYSTEM

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Challenges

• Reachability to all the age-groups .• Reachability to rural India• Customization in a country like India where we have diverse

cultures and complexities.• Inventory maintenance.

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Suggestions

• Promote intensively through social networking sites, Television Ads.

• Cut shipping charges by maintaining good logistics.• Charging for COD may not attract many customers.This

should be given a thought

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References

• Kenneth c.Laudon “e-commerce” 2008, 4/e.• http://www.printvenue-blog.com/2013/11/prin

tvenuecom-zooming-ahead-with-rocket.html retrieved on 4/08/2014 at 7:30 p.m

• http://www.printvenue.com/ retrieved on 4/08/2014 at 7:00 p.m

• http://in.linkedin.com/in/saurabhkochhar retrieved on 4/08/2014 at 7:36 p.m

• http://infobros.com/tag/printvenue/ retrieved on 4/08/2014 at 9:40 p.m

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