MEESHO - Untitled
MEESHO - Untitled
LIST OF CONTENT
SI TITLE PG.NO
NO
1 LIST OF TABLES
2 LIST OF FIGURES
1-5
3 CHAPTER 1 – INTRODUCTION
6-12
4 CHAPTER 2 – REVIEW OF LITERATURE
13-31
5 CHAPTER 3 – THEORATICAL
FRAMEWORK
CHAPTER 4 – DATA ANALYSIS & 32-60
6 INTERPRETATION
CHAPTER 5 – FINDINGS, SUGGESTIONS 61-65
7 & CONCLUSION
66-67
8 BIBILOGRAPHY
68-70
9 APPENDIX
LIST OF TABLES
SI TITLE PG.NO
NO
4.1 Classification of students on the basis of gender 32
4.2 Classification of students on the basis of family income 33
4.3 Showing preference for online shopping than traditional 34
shopping
4.4 Showing number and percentage of respondents familiar with 35
Meesho app
4.5 Showing the frequency of using Meesho app 36
4.15 Showing whether shopping from Meesho saves their time or not 46
4.16 Showing the number of respondents who recommend 47
Meesho app to others
4.17 Showing the number of respondents who trust buying 48
Meesho entrusted products
4.24 Showing the number of respondents who know that Meesho does 55
not charge high amount for its products
4.25 Showing the number of respondents who think that 56
Meesho keeps its promise on the delivery date. That is,
they get the products on time
4.28 Showing the ranks in each category for the following factors of 59
Meesho
LIST OF FIGURES
FIGURE TITLE PG.N0
NO.
4.1 Classification of students on the basis of gender 32
4.2 Classification of students on the basis of family income 33
4.3 Showing preference for online shopping than traditional 34
Shopping
4.4 Showing number and percentage of respondents familiar 35
with Meesho app
4.5 Showing the frequency of using Meesho app 36
4.6 Showing number of respondents agreeing whether 37
Meesho is affordable or not
INTRODUCTION
INTRODUCTION
Since humans began exchanging products and services with one another,
commerce has existed. From the earliest days of bartering through the formation of
currencies and the establishment of trade routes, mankind have sought out ways to
exchange products and services and have built a distribution system around it. The
macroeconomic purchase and sale of products and services by huge entities at large
scale are now commonly referred to as commerce. A transaction is defined as the sale
or purchase of a single item by a consumer, whereas commerce refers to all
transactions relating to the purchase and sale of that item in an economy. The majority
of trade takes place on an international level and involves the purchasing and selling
of goods between countries. It is vital to note that commerce is not actually a
synonym of business, rather a subset of it.
Marketing is considered as one of the most crucial aspects of commerce. The term
"market" refers to a gathering place where potential buyers and sellers might
come together to trade goods or services. It is essentially a medium that facilitates
these economic transactions. It permits the exchange of commodities, services, and
information under the protection of the law and for a fee in general. Marketing is the
process by which a corporation promotes the purchase or sale of a product or service.
Advertising, selling, and delivering things to customers or other businesses are all
examples of marketing. When properly executed marketing can lead to a company’s
growth by using several marketing strategies.
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comfort of their own
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homes. The way individuals purchase for and consumer products and services has
changed as a result of ecommerce. People are increasingly using their computers and
smart devices to place orders for things that can be delivered quickly to their homes.
As a result, it has wreaked havoc on the retail scene.
Online shopping is a type of electronic commerce that allows customers to buy goods
or services directly from sellers over the Internet via a web browser or a mobile app.
Consumers identify a product of interest by visiting the retailer's website directly or
by searching among alternative vendors using a shopping search engine, which
compares the availability and cost of the same product across multiple e-retailers.
Customers can now shop online utilizing a variety of computers and devices, such as
desktop computers, laptop computers, tablet computers, and smartphones. The method
is known as business-to-consumer (B2C) online purchasing, and it invokes the
physical analogue of buying products or services at a typical "bricks-and-mortar"
retailer or shopping center. The practice of setting up an online store to allow
businesses to buy from other businesses is known as business-to-business (B2B)
online purchasing. A standard online store allows customers to browse the company's
product and service offerings, as well as examine photos or images of the products, as
well as product specs, features, and prices. Shoppers can usually utilize "search"
options to find certain models, brands, or items in online businesses. To conduct an
online transaction, users must have Internet access and a legitimate mode of payment,
such as a credit card, a debit card, or a service like PayPal. Due to convenience of
shopping from anywhere at any time the number of online shoppers are increasing
rapidly.
Meesho is one such online shopping app. It is an online platform where users can
purchase and resell the products provided by the organization. Due to the offers and
services provided by Meesho, it has now become a very popular online shopping app
in India. It has delivery all over India. Because of its convenience and affordability,
the number of Meesho users have increased significantly. Meesho, as a social
commerce network and an online platform for resellers, offers a completely different
experience in the age of Amazon and Flipkart. Meesho connects resellers to a network
of over 21000 suppliers and manufacturers, allowing them to shortlist products and
share photos of them with their network of consumers, which might be anyone in their
family, friends, or acquaintances. Resellers are free to charge whatever pricing they
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see fit for their target customers.
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In a competitive market, Meesho is facing a tough competition from other online
shopping apps such as Amazon, Flipkart, Nykaa and many others. Due to this severe
competition, it is very difficult to sustain in the market. Only way to survive in the
market and become successful is to earn customer trust. Earning customer trust is the
most important challenge faced by these companies. Customer trust means the trust of
customers towards companies. Customers repurchasing decision mainly depends on
their trust towards these companies. It has a direct relation with profit of the company.
They repurchases from a company only if they find it trustworthy. Loyal customers
are the most important asset of any business. Customer trust is an important factor in
retaining these loyal customers. Without earning customer trust it is almost impossible
for a business to survive and become market leader. Therefore this study is an attempt
to understand the customer trust on Meesho app and thereby understand the popularity
and acceptance of Meesho app.
STATEMENT OF PROBLEM
RESEARCH OBJECTIVES
To know the factors which attracts customers to purchase through Meesho app.
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SIGNIFICANCE OF THE STUDY
This study mainly focus on college students who prefer online shopping over
traditional shopping. Due to 2023, there is a significant increase in online shopping as
it is more convenient. Now a days due to increasing popularity of online shopping,
there are many online shopping apps. Meesho is one among them. It is now one of the
most popular and profitable app in India. Customer trust is an important aspect for the
survival of such apps in the market. It is an important factor which decides success
and failure of an app. Therefore this study has significance as it focuses on customer
trust on Meesho app.
RESEARCH METHODOLOGY
RESEARCH DESIGN
DATA COLLECTION
Both primary and secondary data were used for the purpose of conducting research.
Questionnaire were used for collecting primary data whereas, journals, periodicals
and websites were used for collecting secondary data.
SAMPLE DESIGN
It was very difficult to collect data from the entire population. Therefore
representative sample was drawn for the purpose of the study.
SAMPLE POPULATION
Sample were selected from shanmuga industries arts and science college , tiruvannamalai.
SAMPLE TECHNIQUE
As there is a direct contact with students due to 2023, Purposive technique is used for
conducting the study. Therefore data were collected using physical paper of question to
respondents through college.
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SAMPLE SIZE
Here 80 respondents filled the simple question during the period of data collection,
hence the researcher constitute the sample size to 80.
Percentage analysis
Diagrams such as Pie chart, Column chart were used.
LIMITATION
This study is limited to number of respondents and the period of study is also
limited.
As this study is based on primary data collected through filling questionnaire,
any wrong or biased information by the respondents affect the result of the
study.
Incomplete information provided by respondents in some case become another
obstacle in the way of proper analysis of the data.
It was difficult to form questions which convey the exact same meaning to
each respondents as the researcher meant
In some cases unwillingness and inability of respondents to provide
information is a major obstacle in collection of data.
CHAPTERIZATION
Chapter 1: Introduction
Chapter 2: Review of literature
Chapter 3: Theoretical framework
Chapter 4: Data analysis and interpretation
Chapter5: Findings, suggestions and conclusion
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CHAPTER 2
REVIEW OF LITERATURE
Marios Koufaris, William Hampton Sosa (2002), their study looked at how the
web- site experience influence customer trust in the company itself. Their study
shows that a positive experience with website is very important. If customers find
company’s website as useful and easy to purchase, they consider it as more
trustworthy. They also found that customer trust is an important factor of customer
retention. The reason to make the website most important representative of the
company is the lack of salesperson in online. They concluded that it is essential for
company to design website that is useful and functional to earn customer trust.
Paulo Duarte, Susana Costa e Silva, Margarida Bernardo Ferreira (2018), found
that in addition to offering competitive prices, keeping a high level of online shopping
convenience has become a strategic driving force for online retailers to promote and
maintain customer loyalty. The main aim of this research is to study what
convenience dimensions more heavily influence customer’s satisfaction and intention
to engage and recommend online shopping. They found out that frequent monitoring
of consumer’s perceptions and expectations about online convenience is a prerequisite
for achieving continuous improvement in providing highly convenient online
services.
Nihan Ozguven (2011), found that in the online shopping era, website security is an
important aspect which influence customer trust and this trust results in customer
loyalty. This study considered three factors which are associated with online
shopping; perceived security, loyalty and trust. Customer trust and loyalty are
important in online shopping and customers continue to shop at the websites which
they have shopped before and consider it as trustworthy. He concluded that as
customer loyalty depends on the website security, taking measures to improve the
perceived security of the website in turn increases the customer trust and customer
loyalty.
S. Srinivasan (2004), found out that customer trust is an important aspect in the
success of an e-business. The two factors that mainly influence the success of e-
business includes the trust people place in the online business and how secure they
feel in conducting transactions on the business. Trust is developed over time. He
concluded that as people trust a business based on their past experiences as well as by
recommendation of others adequate measures must be taken to build and maintain
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customer trust
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Ing-Long Wu (2012), found out that complaint behaviors are critical to maintain
customer loyalty in an online market. It provides insight to into the customer’s
experience of service failure and helps to redress the failures. The importance of trust
in developing a psychological state with good or negative feeling about e-vendors
cannot be overstated. Justice, technology and trust are the three most pressing
challenges. This study presents a research approach to examine complaint intentions
by combining these issues. Trust and technology based features are important to
determine the two target variables.
Lu Yaobin, Zhou Tao (2007), identified Chinese consumer’s attitude and initial trust
in online stores in China. They found out that the challenges faced by companies who
have built online stores on the Internet are to attract new visitors and to establish their
initial trust in their online stores. Online stores should always focus on the security of
websites and take all possible measures including advanced technologies and strict
rules to protect consumer’s privacy and financial information.
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the uncertainty and complexity of transactions and relationships in electronic markets.
They concluded by describing and categorizing different activities and instruments
that internet firms can use to establish and maintain trust.
Umama Nasrin Haque, Rabin Mazumder (2020), found out that customer loyalty is
primarily achieved by satisfying customers’ expectations. In online shopping, since
the products are intangible, it is important to build trust among the customers. This
study attempts to study the relationship between customer loyalty and customer trust
in online shopping since trust is the glue that holds customer relationship together in
the current competitive market. The result of this study gives the idea that trust of the
customer acts as a mediating factor which enhances the loyalty of customer in regard
to the further purchase and consumption of the particular product or service in the
online environment.
Abetare Prebreza, Blerona Shala (2021), found that consumer trust with online
shopping is directly dependent on a few factors. There is a constant dilemma in the
market related to the question, which online shopping determinants affect the
customer trust. This paper deals with the analysis of customer satisfaction, with the
aim of utilizing the empirical research on the Kosovo market in Covid-19 period in
order to determine the connection between customer trust and certain determinants of
online shopping.
Kai H Lim, Choon Ling Sia, Matthew Ko Lee, Izak Benbasat (2006), investigated
the effectiveness of various trust-building strategies to influence actual buying
behavior in online shopping environments. They try to develop a model of how trust
building strategies could affect trust and the consequences of trust.
Jamin Lee, Do- Hyung Park, Ingoo Han (2011), found out that online consumer
reviews (OCR) are more influenced by trust in online shopping malls than OEAs.
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When
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the trust in online shopping malls is high, consumers’ purchase intentions influenced
by OCRs are more favorable than those influenced by OEAs. This study is an initial
consumer endorsement research that uses OCRs to extend the trust transfer theory and
extends the interpersonal online trust perspective.
Nadiah Binti Tasin (2017), examined factors affecting consumer trust in Malaysia as
well as to investigate the relationship between trust and purchasing decision.
Researcher found out that trust in online shopping is built on information quality,
online consumer review and site quality. It was also found that trust contributes to the
online purchasing decision.
Nikolas Pappas (2016), found out the interrelationship between perceived risk
factors, the marketing impacts, and their influence on product and web-vendor
consumer trust. The findings reveal the associations between Internet perceived risks
and the relatively equal influence of product and e-channel risks in consumers’ trust,
and that online purchasing intentions are equally influenced by product and e-channel
consumer trust.
Baljeet Kaur, Sushila Madan (2013), found out the factors influencing the trust and
subsequently the willingness of the Indian consumer to buy online. Consumers are
bothered about the product quality, credit card frauds, availability of returns, product
delivery, security and privacy of their information. Therefore trust plays a significant
role as it is the most important factor for any exchange to take place. The factors
attributing to the trust by an Indian consumer is very different as compared to the trust
factors exhibited by the consumers of a developed economy.
Plavini Punyatoya (2018), proposed that consumer trust in an online retailer has two
principal forms; they are cognitive trust and affective trust. The study examined
various factors influencing the development of each form of customer online trust and
the subsequent effect on customer satisfaction and loyalty intention. The researcher
found out the multi-dimensional nature of consumer trust in online retailing context.
Cognitive trust and affective trust are found to mediate the relationship between
perceived website quality, security and privacy policy, prior interaction experience,
perceived e-tailer reputation and shared value and customer satisfaction.
David Gefen, Elena Karahanna, Detmar W. Straub (2003), found out that a
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separate and distinct interactions with both the actual e-vendor and with its IT Web
site interface is the heart of online shopping. Online purchase intentions are the
product of both
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consumer assessments of the IT itself, specifically its perceived usefulness and ease-
of- use (TAM) and trust in the e-vendor. They found out that trust is important to
online commerce along with other factors. The study provides evidence that online
trust is built through a belief that the vendor has nothing to gain by cheating and there
are safety mechanism built into the website.
Anand Thakur, Rupinderdeep Kaur (2017), found out that lack of trust is the
biggest obstacle to the success of online shopping. The study focus on the relationship
of trust antecedents with customer trust and customer trust with online shopping
activities conducted in Punjab. They found that knowledge and privacy protection did
not have a significant relationship with customer trust. The results revealed that
security protection, perceived risk, and perceived benefits are important antecedents
for building trust among the consumers towards online shopping. Consumer trust has
a significant relationship with online shopping activities.
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END NOTES
Abetare Prebreza, B. S. (2021). The trust in online shopping during Covid-19: Case
study from Kosovo. Open Access Library journal, 1-15.
David Gefen, E. K. (2003). Trust and TAM in online shopping: An integrated model.
MIS Quarterly, 51-90.
Hannah R Marriott, M. D. (2018). Exploring consumers perceived risk and trust for
mobile shopping: A theoretical framework and empirical study. Journal of retailing and
consumer services 42, 133-146.
Kai H Lim, C. L. (2006). Do I trust you online, and if so, will i buy? An empirical study
of two trust- building strategies. Journal of management information systems, 233-266.
Marios Koufaris, W. H. (2002). customer trust online: examining the role of the
experience with the web-site.
Olusoji James George, A. O. (2015). Risk and trust in online shopping: experience from
Nigeria. International journal of African and Asian studies, 71-77.
Pappas, N. (2016). Marketing strategies, perceived risks, and consumer trust in online
buying behaviour. Journal of retailing and consumer services, 92-103.
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Paulo Duarte, S. S. (2018). how convenient is it? Delivering online shopping
convenience to enhance customer satisfaction and encourage e-Wom. journal of
retailing andconsumer services, 161-169.
Sonja Grabner, K. (2002). The role of consumers' trust in online shopping. Journal of
business ethics, 43-50.
Wu, I.-L. (2012). The antecedents of customer satisfaction and its link to complaint
intentions in online shopping: An integration of justice, technology and trust.
International journal of information management, 166-176.
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CHAPTER 3
THEORATICAL FRAMEWORK
MARKET
Market is a place where people come together to facilitate the exchange of goods and
services. The parties involved are buyers and sellers. It facilitate trade and enable the
distribution and allocation of resources of the society. The market may be physical
like face-to-face or virtual market like an online market or e-retailer where there is no
direct physical contact between two parties.
The price of goods and services are determined by market demand and supply. Supply
is created by sellers where demand is created by buyers. In equilibrium the quantity of
goods supplied by consumers equals the quantity demanded by consumers.
MARKETING
Goods and services are created through the process of production and they are
transferred to the consumers through the process of distribution. All the activities
which are necessary to facilitate the flow of goods and services from producers to
consumers constitute marketing. Marketing includes total of all activities involved in
the creation of place, time and possession utilities. Marketing refers to all those
activities a company does to promote and sell their products or services to
consumers.it includes advertising, selling and delivering products to consumers or
other businesses. It is the process of exploring, creating and delivering value to satisfy
the needs of a target market in terms of goods and services. It begins with selecting
target customers and understanding their needs and wants.
According to Dr. Philip Kotler, “Marketing is the social and managerial process
by which individuals and groups to obtain what they need and want through
creating and exchanging products and values with others”.
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According to William J. Stanton, “Marketing is a total system of interacting
business activities designed to plan, price, promote and distribute want satisfying
goods and services to the present and potential customers”.
According to Peter Drucker, “Marketing is not only much broader than selling;
it is not a specialized activity at all. It encompasses the entire business. It is the
whole business seen from the point of view of the final result, that is, from the
customer’s point of view. Concern and responsibility for marketing must
therefore permeate all areas of the enterprise”.
MARKETING FUNCTIONS
There are seven marketing functions. Each of these functions have its own roles. All
these functions are important since each of them represents a category of activities
that occur in marketing. These functions help in understanding the purpose of
marketing strategies, processes and tools. Marketing functions includes;
Promotion- promotion involves informing the customers about your product through
various channels. Promotional strategies should be well planned as they can make or
break a brand.
Pricing – it is one of the most important functions of marketing. It is also one of the
most complex decisions to make. It is the process by which a business sets the price at
which it will sell its products and services. Pricing plays a significant role in deciding
the perception of your offering in people’s mind.
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Product management- it includes development, design and improvement of products
or services. The role of a marketer in product management is to ensure that a finished
product meets customer needs.
MARKETING MIX
E. Jerome McCarthy, a marketing professor and author, initially proposed the four Ps
classification for establishing an efficient marketing plan in 1960. Marketing
managers may approach each of the four Ps differently depending on the industry and
the marketing plan's goal. Each element can be analyzed separately, but in fact, they
are usually interdependent.
Product- This refers to a product or service that is designed to meet the needs and
desires of customers. To effectively promote a product or service, it's critical to figure
out what sets it apart from the competition. It's also crucial to figure out if additional
items or services may be sold alongside it.
Price- The product's sale price represents how much customers are willing to pay.
Costs associated with Research & development activities, manufacturing,
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marketing, and
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distribution must be considered by marketing professionals, which is referred to as
cost- based pricing. Value-based pricing is defined as price that is based primarily on
the quality or value that customers perceive.
Placement- The type of product sold is important to consider when determining areas
of distribution. Basic consumer products, such as paper goods, often are readily
available in many stores. Premium consumer products, however, typically are
available only in select stores. Another consideration is whether to place a product in
a physical store, online, or both.
In addition to these, four more Ps are introduced. They are package, pace, politics and
people.
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information via computer networks including the internet”.
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E-TAIL (ELECTRONIC RETAILING)
E-Tailing is the subset of E-Commerce. E-Tailing is the sale of goods and services
through internet. It requires companies to tailor their business model to capture
internet sales, which includes building out distribution channels such as warehouses,
internet webpages and product shipping centers. It is the practice of selling retail
goods on the internet.
CONSUMER
The term ‘consumer’ refers to the person who buys goods and services for his
personal consumption. A consumer is a person or a group who intends to order or uses
purchased goods, products or services primarily for personal, social, family, household
and similar needs, not directly related to business activities. They are the end users in
the distribution chain of goods and services. They do not sell the item they have
bought for consumption.
CONSUMER BEHAVIOUR
According to Moven, “It is the study of decision-making units and the process
involved in acquiring, consuming and disposing of goods, services, experiences
and ideas”.
According to Schiffman and Kanuk, “It is the behavior that consumers display in
searching for, purchasing, using, evaluating and disposing of products, services
and ideas that they expect will satisfy their needs”.
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Figure 3.1
Figure 3.2
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TYPES OF BUYING BEHAVIOR
Consumer’s buying behavior varies with the type of products purchased by them.
Henry Assacl has identified four types of buying behavior;
Figure 3.3
Consumer buying process consists of six process which enable him to take purchasing
decision. It includes;
Information search-In this process consumer collects information about the problem
recognized both internally and externally.
Purchase decision-In this stage consumer intends to buy the most preferred brand or
product which satisfy his needs in the best possible way.
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Post purchase evaluation-As this is the final stage of consumer buying process,
consumer evaluates whether he is satisfied or dissatisfied with the purchase.
Figure 3.4
CONSUMER PREFERENCE
Each individual has a set of preference which varies from person to person. Consumer
preference is mainly influenced on factors like individual taste, budget, culture,
education and many other factors. The objective of consumer is to choose a bundle of
goods which provides maximum level of satisfaction to him.
CUSTOMER TRUST
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provide excellent customer service. Therefore building customer trust is important in
order to retain loyal customers. Customer trust is the trust of a customer towards
business. It is the belief of customers that companies will do what they say and will
not deliberately harm consumers. It is the foundation of every successful business.
Trust is the glue that bonds a customer to a brand. Customer trust is earned over time
through constant interactions with the consumers. Gaining customer trust is important
as it increases goodwill of the company. In the technologically advancing world of
business customer trust matters the most as customer share their personal data with
business apart from spending money. They share their personal data and information
in order to experience more personalized customer services in the belief that
companies won’t misuse these data. If firms succeed in building customer trust it not
only increases their profit margin but also create loyal customers.
Telling your story- The first step in building customer trust is briefly explaining the
company’s history, expertise and awards earned to the customers. If they love the
approach, values and authenticity of business they will be naturally drawn to it. In
order to share firm’s view you can conduct campaigns. By conducting creative and
socially relevant campaign company can easily gain customer’s attention.
Be honest and transparent- The most important way to gain customer trust is being
honest and open about your products and services and what customers can expect
from you as a company. To earn customer’s trust you must provide all the necessary
information to the customers which they demand.
Know your target audience- To build trust it is important to understand the needs
and wants of customers and develop products to satisfy their needs. It is also
important to provide added values to customers to attract them. Customer is the king
of market. Therefore deep understanding of his needs is necessary.
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Create and share video testimonials- Video testimonials are powerful medium to
demonstrate the worthiness of a product or service. Customers can be easily attracted
and persuaded in to purchasing your company’s product through video testimonials.
Put a face to the name- In an effort to make customers feel connected to the
company, it is useful to show them the team behind the products. That is how you can
build empathy and rapport on a human scale.
Offer great customer service- Offering a great customer service is important to crate
loyalty and trust towards your product and company. Customers should be provided
with professional, personal and efficient services. If the company succeed in
providing services above their expectations then there is a higher chance of customers
coming back to company.
Build a reputation- Warren Buffet said, “It takes 20 years to build a reputation and
five minutes to ruin it”. Reputation can be built by supplying great products,
providing faultless customer service and training employees to the highest standard.
Share best practices- By providing useful tips and best practice about how to get the
most out of your product will definitely increase customer’s understanding of product
and services. An explainer video is a great way to share the knowledge on a product
and it attracts the customers.
Be contactable- The contact page of a company is the first point of contact with their
customers. As a result, it's almost certain to be one of the most frequented pages on
any website. Improving the conversion rate of your contact page can help your
business, and adding a human touch to the process can help convert hesitant buyers
into ardent supporters.
Build social proof- Customer case studies providing a detailed solution and how it
helped customers are really a great way to build customer trust. It also make a good
impression among customers and also shows how expertise the company is in dealing
with its customers.
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COMPANY PROFILE - MEESHO
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Meesho's resale concept is similar to that of a personal shopper. Customers purchase
products straight from e-commerce sites such as Flipkart or Amazon. A reseller
model, on the other hand, adds a third party between the platform and the consumer.
A product will be shared with the reseller's network via WhatsApp or Instagram. If a
customer wishes to place an order, they may do so after adding their margin, and
Meesho will deliver the product directly to the customer. The supplier saves money
on marketing and shipping, the reseller gains money from their markup on each
product, and Meesho receives a commission from the provider. Resellers aren't
Meesho's sole competitive advantage over Amazon and Flipkart. Another secret sauce
of Meesho is the creation of an easy-to-use platform, similar to WhatsApp. Their goal
was to create something as simple as WhatsApp. In fact, the first few versions of the
app were designed to seem extremely similar to WhatsApp's User experience in order
to familiarize users with the service when they went online. As transactions increased,
Meesho's income nearly tripled to 307 crore in the fiscal year ended March 2020.
However, losses increased threefold to 315.4 crore, owing to higher logistics and
fulfilment expenses. The bottom line will seem healthier when economies of scale
kick in.
The success of Meesho, as well as the market's potential, has attracted some notable
investors. Soft Bank, for example, is investing in Meesho for the third time in India's
e- commerce market, following Snapdeal and Flipkart. Vidit and Sanjeev have
developed a sophisticated understanding of the Indian market and have built a
platform to service the next 500 million internet shoppers. They are connecting more
than 50 million SMEs to the internet while also supporting women businesses.
Meesho's success can be attributed to Facebook India. Meesho has been effective in
providing a platform for small firms and entrepreneurs to increase sales outside of
urban areas. Fashion, beauty, furnishings, and home appliances are among Meesho's
unbranded and long-tail sectors. As a result, a shift into grocery seemed inevitable,
despite the fact that the circumstances were far from perfect.
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INDUSTRY PROFILE
FLIPKART
AMAZON
MYNTRA
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NYKAA
SNAPDEAL
Snapdeal is a New Delhi-based Indian e-commerce firm. Kunal Bahl and Rohit
Bansal, both Wharton School and IIT Delhi alumni, started the company in February
2010. Snapdeal has evolved into one of India's most popular online marketplaces.
Snapdeal is concentrating its efforts on the value ecommerce industry, which is three
times larger than the branded products sector. Snapdeal sellers offer high-quality
(local / regional / seller branded) items that provides clients with good value for
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money, akin to what would be sold in city markets and high streets. The majority
of products sold by
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Snapdeal's over 500,000 independent sellers are in the fashion, home, and general
commerce categories. Snapdeal is used by buyers from around 3,700 towns across
India, accounting for 92 percent of the country's total 4,000 towns and cities. Snapdeal
is a member of the International Trademark Association (INTA), a global
organization with over 7200 members in 187 countries dedicated to promoting
intellectual property protection on online marketplaces. According to the reports its
net worth for the financial year 2019 is R.S. 925 crore (US$120 million).
AJIO
Ajio is a newly developed app by the business tycoon Mukesh Ambani. This app was
created as an online shopping app backed by the popular Reliance family's confidence
and assurance. For all fashionistas in India, this e-commerce platform is a one-stop
destination. Ajio was first introduced to the world on April 1, 2016, at the Lakme
Fashion Week, with its headquarters in Bengaluru, Karnataka, India. Reliance
Industries' first foray into e-commerce was Ajio. They launched the app with a diverse
selection of apparel, footwear, and accessories. AJIO, like Amazon and Flipkart, is
now one of India's most popular e-commerce firms. AJIO.com is a shopping gateway
that allows you to purchase from the comfort of your own home. It's also accessible as
an Android and iOS app. According to reports, it has more than $750 million sales.
Page 33 of 70
EBAY
TATA CLIQ
Page 34 of 70
PEPPERFRY
Page 35 of 70
LIMEROAD
Page 36 of 70
CHAPTER 4
DATA ANALYSIS
&
INTERPRETATION
Page 37 of 70
Table 4.1 showing Gender wise classification
Male 23 28.75
Female 57 71.25
Other 0 0
Total 80 100
From the above table, it can be found out that there are 80 respondents in total in
which 28.75% of respondents are Male and 71.25% are female. Majority of the
respondents are female.
GENDER
MaleFemaleOther
0%
28.75%
71.25%
Page 32 of 70
Table 4.2 showing Family Income
Below 10000 12 15
10000-20000 18 21.3
20000-30000 34 42.5
Total 80 100
Table 4.2 shows the family income of the respondents. 15% of the respondents
come below 10000, whereas 21.3% of respondents have income between 10000 and
20000. Majority of the respondents falls under the category 20000-30000 constituting
42.5% of total. 21.3% of respondents have family income above30000.
Family Income
Below 10000
10000-20000
20000-30000
above 30000
Page 33 of 70
Table 4.3 showing preference for online shopping than traditional
shopping
Yes 66 82.50
No 14 17.50
Total 80 100
Table 4.3 shows the number of respondents who prefers online shopping over
traditional shopping. Out of 80 respondents 66 of them prefer online shopping while
14 of them prefer traditional shopping. It is clear from the table that majority of them
choose online shopping.
70 66
60
50
40
30
20
14
10
82.50% 17.50%
0
Number of respondents Percentage
Yes No
Page 34 of 70
Table 4.4 showing number of respondents familiar with Meesho app
Yes 75 93.75
No 5 6.25
Total 80 100
Table 4.4 shows the number of respondents who are familiar with Meesho app.
Majority of the respondents are familiar with Meesho app constituting 93.75% of the
total responses while only 6.25% of the respondents are not familiar with it. From the
table it is clear that Meesho is indeed a popular online shopping app.
100
90
80
70
60
Yes
50 No
40
30
20
No
10
0
Percentage
Page 35 of 70
Table 4.5 showing the frequency of using Meesho app
Once in a month 60 75
Total 80 100
The table 4.5 shows the frequency of using Meesho app. 75% of the respondents
use Meesho once in a month while 17.5% use it twice in a month. Only 7.5% of
respondents use Meesho app more than two times in a month.
Number of respondents
Once in a month
Twice in a month
More than 2 times a month
Page 36 of 70
Table 4.6 showing number of respondents agreeing whether Meesho
is affordable or not
Disagree 1 1.25
Neutral 13 16.25
Agree 49 61.25
Total 80 100
Table 4.6 shows the number of respondents agreeing whether Meesho is affordable
or not. 3 people strongly disagree when asked whether Meesho is affordable. 1 person
disagree while 13 respondents gave a neutral response. 49 respondents agreed that
Meesho is affordable where 14 of the total respondents strongly agreed that Meesho is
affordable. It is clear from the table that majority of the respondents agreed that
Meesho is affordable.
Number of respondents
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Page 37 of 70
Table 4.7 showing the number of respondents who get exactly the
same products ordered from Meesho
Table 4.7 shows the number of respondents who get exactly the same products they
ordered from Meesho. 1.3% of the respondents strongly disagree this while 6.3% of
respondents disagreed when asked whether they get exactly the same products they
ordered. 25% of the respondents recorded neutral responses. Majority of the
respondents agreed that they get exact products they ordered, constituting 53.8% of
the total responses while 13.7% of the respondents strongly agreed that they get what
they ordered from Meesho.
Figure 4.7 showing the percentage of respondents who get exactly the
same products they ordered from Meesho
Number of respondents
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Page 38 of 70
Table 4.8 showing whether the respondents are satisfied by the
services provided by Meesho or not
The above table shows whether the respondents are satisfied by the services
provided by Meesho or not. Here 1.3% of the total respondents strongly disagree
when asked if they are satisfied by the services provided by Meesho while no one
disagreed to it. 25% of the respondents recorded neutral responses. 58.8% of the total
respondents agreed that they are satisfied by the services provided by Meesho while
15% of the respondents strongly agreed to it.
Number of respondents
Strongly Disagree Disagree Neutral Agree Strongly Agree
1%
15%
25%
59%
Page 39 of 70
Table 4.9 showing the number of respondents making profit by
reselling through Meesho
The above table shows the number of respondents making profit by reselling
through Meesho.7.5% of the total respondents strongly disagreed when asked whether
they make profit by reselling through Meesho while 16.2% disagreed to it. 26.3% of
the respondents marked neutral responses while 35% agreed to it. 15% of the total
respondents strongly agreed that they make profit by reselling through Meesho.
Number of respondents
Strongly Disagree Disagree Neutral Agree Strongly Agree
8%
15%
16%
35%
26%
Page 40 of 70
Table 4.10 showing whether respondents get good quality products at
lower cost on Meesho app
Table 4.10 shows whether respondents get good quality products at lower cost or
not. 1.3% of the respondents strongly disagreed when they were asked whether they
get good quality products on Meesho or not while 3.8% disagreed to it. 20% of the
respondents marked neutral responses while majority of the respondents agreed that
they get good quality products at lower cost on Meesho constituting 55% of the total
respondents. 20% of the respondents strongly agreed that they get good quality
products on Meesho at lower cost.
Number of respondents
Strongly Disagree Disagree Neutral Agree Strongly Agree
1%
4%
20%
20%
55%
Page 41 of 70
Table 4.11 showing whether respondents have an impact on their
overall budget after shopping from Meesho
Disagree 4 5
Neutral 21 26.3
Agree 39 48.8
Total 80 100
(Source: primary data)
The table 4.11 shows whether respondents have an impact or not on their overall
budget after shopping from Meesho. 1.3% of the respondents strongly disagreed when
asked if shopping from Meesho have an impact on their overall budget while 5%
disagreed to it. 26.3% of the respondents recorded neutral responses. 48.8% of the
respondents agreed while 18.8% of the respondents strongly agreed that they have an
impact on their overall budget when shopping from Meesho.
50
45
40
35
30
25 Number of respondents
Percentage
20
15
10
0
Strongly Disagree Neutral Agree Strongly
Disagree Agree
Page 42 of 70
Table 4.12 showing whether respondents have an account on Meesho
for reselling
The table 4.12 shows whether the respondents have an account on Meesho for
reselling or not. 13.8% of respondents strongly disagreed when asked whether they
have an account on Meesho for reselling while 20% disagreed to it.15% of the
respondents given neutral responses. 36.3% agreed that they have an account on
Meesho for reselling while 15% strongly agreed to it.
Number of respondents
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Page 43 of 70
Table 4.13 showing the number of respondents who purchase products
from Meesho after reading reviews
The table 4.13 shows whether the respondents purchase products from Meesho
after reading reviews or not. 2.5% of respondents strongly disagreed when asked
whether they purchase products from Meesho after reading reviews while 1.3%
disagreed to it.13.8% of the respondents given neutral responses. 55% agreed that
they purchase products from Meesho after reading reviews while 27.5% strongly
agreed to it.
55
44
27.5
22
13.8
11
2 2.5 1 1.3
Table 4.14 shows the number of respondents who get all kind of products from
Meesho. 3.8% of respondents strongly disagreed when asked whether they get all kind
of products from Meesho while 5% disagreed to it.21.3% of the respondents given
neutral responses. 51.2% agreed that they get all kind of products from Meesho while
18.8% strongly agreed to it.
Figure 4.14 showing the number of respondents who get all kind of
products from Meesho
18.8
Strongly Agree
15
51.2
Agree
41
21.3
Neutral
17
5
Disagree
4
3.8
Strongly Disagree
3
Page 45 of 70
Table 4.15 showing whether shopping from Meesho saves their time
or not
Table 4.15 shows whether shopping from Meesho saves the time of respondents or
not. 1.3% of respondents strongly disagreed when asked whether shopping from
Meesho saves their time while 2.5% disagreed to it.17.5 % of the respondents gave
neutral responses. 53.8% agreed that they get all kind of products from Meesho while
25% strongly agreed to it. It is clear from the table that majority of the respondents
agreed that shopping from Meesho save their time than going to physical stores for
purchasing.
Figure 4.15 showing whether shopping from Meesho saves their time
or not
Strongly Agree
Agree
Neutral Percentage
Number of respondents
Disagree
Strongly Disagree
0 10 20 30 40 50 60
Page 46 of 70
Table 4.16 showing the number of respondents who recommend
Meesho app to others
Table 4.16 shows the number of respondents who recommend Meesho app to
others. 1.3% of respondents strongly disagreed when asked if they recommend
Meesho app to others while 2.5% disagreed to it.15 % of the respondents gave neutral
responses. 58.8% agreed that they recommend Meesho app to others while 22.5%
strongly agreed to it. It is clear from the table that majority of the respondents agreed
that they recommend Meesho app to others.
Strongly Agree
Agree
Neutral Percentage
Number of respondents
Disagree
Strongly Disagree
0 10 20 30 40 50 60
Page 47 of 70
Table 4.17 showing the number of respondents who trust buying
Meesho entrusted products
Disagree 1 1.3
Neutral 23 28.7
Agree 41 51.2
Total 80 100
Table 4.17 shows the number of respondents who trust buying Meesho entrusted
products. 1.3% of respondents strongly disagreed when asked if they recommend
Meesho app to others while the other 1.3% also disagreed to it.28.7 % of the
respondents gave neutral responses. 51.2% agreed that they recommend Meesho app
to others while 17.5% strongly agreed to it. It is clear from the table that majority of
the respondents agreed that they trust buying Meesho entrusted products.
60
50
40
30 Number of respondents
Percentage
20
10
0
Strongly Disagree Neutral Agree Strongly
Disagree Agree
Page 48 of 70
Table 4.18 showing whether respondents save a lot by purchasing
through combo deals
Table 4.18 shows the number of respondents who save a lot by purchasing through
combo deals. 1.3% of respondents strongly disagreed when asked if they save money
by purchasing through combo deals while 3.8% disagreed to it.20% of the
respondents gave neutral responses. 51.2% agreed that they save a lot by purchasing
through Meesho while 23.8% strongly agreed to it. It is clear from the table that
majority of the respondents agreed that they save a lot of money by buying products
having combo deals in Meesho app.
60
50
40
30 Number of respondents
Percentage
20
10
0
Strongly Disagree Neutral Agree Strongly
Disagree Agree
Page 49 of 70
Table 4.19 showing if respondents always get offers while
purchasing from Meesho
Table 4.19 shows the number of respondents who always get offers while purchasing
from Meesho. 2.5% of respondents strongly disagreed when asked if they always get
offers while purchasing from Meesho while 2.5% disagreed to it.21.3 % of the
respondents gave neutral responses. 52.5% agreed that they always get offers while
purchasing from Meesho while 21.3% strongly agreed to it. It is clear from the table
that majority of the respondents agreed that they always get offers while purchasing
from Meesho
Strongly Agree
Agree
Neutral Percentage
Number of respondents
Disagree
Strongly Disagree
0 10 20 30 40 50 60
Page 50 of 70
Table 4.20 showing exchange and return policy in Meesho
Table 4.20 shows the whether there is exchange and return policy in Meesho.
1.25% of respondents strongly disagreed when asked if there is exchange and return
policy in Meesho while 3.75% disagreed to it.26.25 % of the respondents gave neutral
responses. 50% agreed that there is exchange and return policy in Meesho while
18.75% strongly agreed to it. It is clear from the table that majority of the respondents
agreed that there is exchange and return policy in Meesho.
60
50
40
30 Number of respondents
Percentage
20
10
0
Strongly Disagree Neutral Agree Strongly
Disagree Agree
Page 51 of 70
Table 4.21 showing if the respondents get refund after cancelling the
order from Meesho
Disagree 2 2.5
Neutral 24 30
Agree 34 42.5
Total 80 100
Table 4.21 shows the whether respondents get refund after cancelling the order
from Meesho. 1.25% of respondents strongly disagreed when asked if they get refund
after cancelling the order from Meesho while 2.5% disagreed to it. 30 % of the
respondents gave neutral responses. 42.5% agreed that they get refund after cancelling
their order from Meesho while 23.75% strongly agreed to it. It is clear from the table
that majority of the respondents agreed that they get refund from Meesho after
cancelling their order.
Figure 4.21 showing if the respondents get refund after cancelling the
order from Meesho
Strongly Agree
Agree
Neutral Percentage
Number of respondents
Disagree
Strongly Disagree
0 5 10 15 20 25 30 35 40 45
Page 52 of 70
Table 4.22 showing if the respondents are satisfied by purchasing
from Meesho
Table 4.22 shows the whether respondents are satisfied by purchasing from
Meesho. 2.5% of respondents strongly disagreed when asked if they are satisfied of
their purchases from Meesho while 0% disagreed to it. 22.5 % of the respondents
recorded neutral responses. 46.25% agreed that they are satisfied by purchasing from
Meesho while 28.75% strongly agreed to it. It is clear from the table that majority of
the respondents agreed that they are satisfied by purchases from Meesho.
Number of respondents
Strongly Disagree
Disagree
Neutral
Agree
Strongly Agree
Page 53 of 70
Table 4.23 showing if respondents are happy that their money goes to
the manufacturers and not to the middleman
Table 4.23 shows the whether respondents are happy that their money goes to the
manufacturers and not to the middleman. 1.25% of respondents strongly disagreed
while 0% disagreed when they were asked if they are happy that their money goes
directly to manufacturers and not to middlemen. 30 % of the respondents recorded
neutral responses. 43.75% agreed that they are happy about it while 25% strongly
agreed to it. It is clear from the table that majority of the respondents agreed that they
are happy that their money goes directly to manufacturers while purchasing from
Meesho and not any middlemen.
Figure 4.23 showing if respondents are happy that their money goes
to the manufacturers and not to the middleman
Page 54 of 70
50
45
40
35
30
25 Number of respondents
20 Percentage
15
10
0
Strongly Disagree Neutral Agree Strongly
Disagree Agree
Table 4.24 showing the number of respondents who know that Meesho
does not charge high amount for its products
Table 4.24 shows the number of respondents who know that Meesho does not
charge high amount for its products. 1.25% of respondents strongly disagreed while
other 1.25% disagreed when they were asked if they know that Meesho does not
charge high amount for its products. 16.25 % of the respondents recorded neutral
responses. 56.25% agreed that they are aware about it while 25% strongly agreed to it.
It is clear from the table that majority of the respondents agreed that they know that
Meesho does not charge high amount for its products.
Page 55 of 70
Strongly Agree
Agree
Neutral Percentage
Number of respondents
Disagree
Strongly Disagree
0 10 20 30 40 50 60
Page 56 of 70
Table 4.25 showing the number of respondents who think that
Meesho keeps its promise on the delivery date. That is, they get the
products on time
Table 4.25 shows the number of respondents who think that Meesho keeps its
promise on the delivery date. That is, they get the products on time. 1.25% of
respondents strongly disagreed while 6.25% disagreed when they were asked if they
think Meesho keeps its promise on the delivery date. 20 % of the respondents
recorded neutral responses. 48.75% agreed that they are believes Meesho keeps its
promise on the delivery date while 23.75% strongly agreed to it. It is clear from the
table that majority of the respondents agreed that they think that Meesho delivers its
products within the promised time.
60
50
40
30 Number of respondents
Percentage
20
10
0
Strongly Disagree Neutral Agree Strongly
Disagree Agree
Page 57 of 70
Table 4.26 showing the number of respondents who are happy that
Meesho helps the manufacturers not getting exploited by middleman
Table 4.26 shows the number of respondents who are happy that Meesho helps the
manufacturers from not getting exploited by middlemen. 1.25% of respondents
strongly disagreed while another 1.25% disagreed when they were asked if they are
happy that Meesho helps the manufacturers from not getting exploited by middlemen.
23.8 % of the respondents recorded neutral responses. 53.75% agreed that they are
genuinely happy about it while 20% strongly agreed to it. It is clear from the table that
majority of the respondents agreed that they are happy that Meesho lend a helping
hand to manufacturers to save them from being exploited by middlemen.
Figure 4.26 showing the number of respondents who are happy that
Meesho helps the manufacturers not getting exploited by middleman
Page 58 of 70
60
50
40
30 Number of respondents
Percentage
20
10
0
Strongly Disagree Neutral Agree Strongly
Disagree Agree
Table 4.27 showing the number of respondents who agree that Meesho
keeps its promise which are advertised
Response Number of respondents Percentage
Strongly Disagree 0 0
Disagree 4 5
Neutral 17 21.25
Agree 41 51.25
Strongly Agree 20 25
Total 80 100
(Source: primary data)
Table 4.27 shows the number of respondents who agree that Meesho keeps its
promise which are advertised.0% of respondents strongly disagreed while 5%
disagreed when they were asked if they think Meesho keeps its promise which are
advertised. 21.25 % of the respondents recorded neutral responses. 51.25% agreed
that they are believes Meesho keeps its promise which are advertised while 25%
strongly agreed to it. It is clear from the table that majority of the respondents agreed
that they think that Meesho keeps its promise which are advertised. That is they
advertise genuine advertisements and claims.
Page 59 of 70
Strongly Agree
Agree
Neutral Percentage
Number of respondents
Disagree
Strongly Disagree
0 10 20 30 40 50 60
Page 60 of 70
Table 4.28 showing the ranks in each category for the following factors
of Meesho
ran qual percen afforda percen tru percen off percen Free percen
ks ity tage bility tage st tage ers tage deliv tage
ery
1 34 42.5 28 35 26 32.5 27 33.75 31 38.75
2 18 22.5 30 37.5 25 31.25 29 36.25 24 30
3 13 16.25 11 13.75 19 23.75 12 15 13 16.25
4 12 15 8 10 9 11.25 11 13.75 5 6.25
5 3 3.75 3 3.75 1 1.25 1 1.25 7 8.75
tot 80 100 80 100 80 100 80 100 80 100
al
(Source: primary data)
The table 4.28 shows the rank in each category for the factors such as quality,
affordability, trust, offers and free delivery. Majority of the respondents ranked
quality as the highest. 34 respondents gave first rank to quality while 18 of them gave
second rank to it. Rank 3 and 4 were given to quality by 13 and 14 respondents
respectively. Only 3 respondents gave lowest rank (5) to quality. It is clear from this
table that majority of them thinks that Meesho provides high quality products.
28 respondents gave first rank to affordability while 30 respondents gave second rank
to it. Rank 3 and 4 were given to affordability by 11 and 8 respondents respectively.
Only 3 respondents gave lowest rank (5) to affordability. It is clear from this table that
majority of them thinks that Meesho is affordable.
26 respondents gave first rank to trust while 25 respondents gave second rank to it.
Rank 3 and 4 were given to affordability by 19 and 9 respondents respectively. Only 1
respondent gave lowest rank (5) to trust. It is clear from this table that majority of
them thinks that Meesho is trustworthy.
27 respondents gave first rank to offers while 29 respondents gave second rank to it.
Rank 3 and 4 were given to offers by 12 and 11 respondents respectively. Only 1
respondent gave lowest rank (5) to trust. It is clear from this table that majority of
them gave second rank to the factor offers available in Meesho.
Page 61 of 70
31 respondents gave first rank to free delivery while 24 respondents gave second rank
to it. Rank 3 and 4 were given to free delivery by 13 and 5 respondents respectively.
nly 7 respondents gave lowest rank (5) to free delivery. It is clear from this table that
majority of them thinks that there is free delivery in Meesho.
Figure 4.28 showing the ranks in each category for the following
factors of Meesho
ranks list
45
40
35
30 Series1
Series2
25 Series3
20 Series4
Series5
15
Series6
10
5
0
st
ks
ers
ty
eliv
age
age
age
age
age
tru
y
al i
ran
ilit
off
ed
nt
nt
nt
nt
nt
qu
ab
Fre
rce
rce
rce
rce
rce
or d
pe
pe
pe
pe
pe
aff
Page 62 of 70
CHAPTER 5
FINDINGS, SUGGESTIONS
&
CONCLUSION
Findings
Page 62 of 70
purchasing from Meesho. It is understood from the study that majority of the
Page 63 of 70
respondents always get offers while purchasing from Meesho. That is Meesho
always provides offers to attract customers.
Among the sample taken, 68.75% agreed that there is exchange and return policy
in Meesho while 5% disagreed to it. More than half of the sample taken said that
they are able to exchange and return products easily in Meesho.
66.3% of the respondents agreed that they get refund after cancelling the order.
3.75% have answered that they didn’t get any refund after cancelling the order.
Rest of the 30% didn’t answer to it. While more than half of them gave a
positive reply to the refunding policy of Meesho, some of them raised their
dissatisfaction regarding refund policy.
Around 75% of the respondents stated that they are satisfied by purchasing from
Meesho while 2.5% of them were dissatisfied by purchasing from Meesho. It
shows that customer satisfaction of Meesho is very high.
Among 80 sample collected, 68.75% were happy that their money goes directly
to manufacturers and not to any middlemen while making purchases from
Meesho. But 1.3% were dissatisfied due to this. Many of them were happy
because of the elimination of middlemen because it helps the manufactures to
earn more and also reduces the price of product.
81.25% of the respondents were aware that Meesho doesn’t charge high amount
for its products while 2.5% remained unaware about it.
72.5% of the sample agreed that Meesho keeps its promise on the delivery date
by delivering products on time while 7.5% of them opinioned that Meesho didn’t
deliver products on time. Meesho was successful in satisfying majority of the
respondents by delivering products on time to their door step.
After conducting study it was found out that 73.75% of the sample were happy
that Meesho helps the manufacturers from not getting exploited by middlemen.
2.5% were not happy for it while 23.75% were unable to answer for this.
76.25% of the respondents agreed that Meesho keeps its promise which are
being advertised while 5% think that Meesho fails to keep its promise which are
advertised. It is clear that most respondents believe that advertisement shown by
Meesho are genuine.
42.5% of respondents gave first rank to quality when asked to rank it from 1 to
5, from highest to lowest. Others gave quality lowest ranking. Majority of
Page 64 of 70
the
Page 65 of 70
respondents ranked quality as the highest. 37.5% gave affordability as second
rank while free delivery were ranked first by 38.75%. 36.25% gave second rank
to offers while 32.5% chose trust to be highest. It is clear that majority choose
Meesho because of the high quality products delivered by it.
SUGGESTIONS
Even though many of them use Meesho and are aware of the services provided
by it, there are still many people who are not ware about Meesho app. They are
not able to express their opinion because of lack of knowledge of the app.
Therefore necessary steps must be taken to make the public aware about the app.
CONCLUSION
After conducting the study it was found out that majority of the respondents
preferred online shopping over traditional shopping. This is because of the
convenience and door step delivery in online shopping. Customers can purchase
almost any kind of product through online. They can make purchase at any time, from
anywhere which makes online shopping, the preferred mode of shopping. Due to these
reasons the number of online customers are increasing significantly. Therefore many
companies are entering into online business, after understanding the scope of e-tail.
Number of such online business is increasing day by day. Therefore Meesho is facing
a tough competition to survive in this field. But from the study conducted, it is found
out that Meesho is a popular app as majority of them are already aware about it. Many
of them make frequent purchase from Meesho due to the attractive offers given by
Meesho and because of the implementation of successful marketing strategies. The
factor which attracts most of the consumers is the quality of the products purchased
from Meesho. It is clear that consumers trust Meesho app because of the quality of the
services provided and by keeping up of its promise. Because of these reasons,
customers are ready to make repurchase from Meesho. That means, Meesho have
loyal customers. So, it is clear that Meesho succeeded in building ‘Customer trust’ by
years of its hard work and implementation of critical marketing and advertising
strategies. Customers mainly trust Meesho because it is able to keep its promise
Page 66 of 70
which are advertised and also it is only
Page 67 of 70
charging a reasonable rate for each products traded. Majority of them are impressed
because of the efforts it take to help manufacturers from getting exploited by
middlemen. It also aims at creating entrepreneurs, by providing an option for
reselling, which make them standout from their competitors. Majority of these
resellers are women. It helps women become entrepreneurs, which makes the app
widely accepted among them. Meesho has unique features as compared to other apps.
Due to all these reasons majority of the customers trust Meesho app. Customer trust
built reputation along with increasing profit margin for Meesho and it became an
effective advertisement for the app as majority of the users recommend the app to
others. All these above mentioned factors helped Meesho in becoming number one
online shopping app in India by beating its competitors.
Page 68 of 70
BIBILOGRAPHY
Page 69 of 70
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https://www.investopedia.com/terms/c/commerce.asp
https://en.wikipedia.org/wiki/Limeroad
https://play.google.com/store/apps/details?id=com.shopping.limeroad&hl=en
https://en.wikipedia.org/wiki/Nykaa
https://techstory.in/nykaa-to-file-drhp-for-ipo/
https://en.wikipedia.org/wiki/Flipkart
https://1000logos.net/flipkart-logo/
https://brandyuva.in/2019/09/marketing-strategies-of-ajio.html
https://play.google.com/store/apps/details?id=com.ril.ajio&hl=en_IN&gl=US
https://en.wikipedia.org/wiki/Snapdeal
https://en.wikipedia.org/wiki/File:Snapdeal_Logo_new.png
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https://www.newindianexpress.com/cities/bengaluru/2021/feb/01/hurting-
sentimentsvs-over-activismdesign-dilemmas-triggered-by-myntra-logo-case-
2257679.html
https://en.wikipedia.org/wiki/File:Amazon_logo.svg
https://en.wikipedia.org/wiki/Tata_Cliq
https://1000logos.net/tata-cliq-logo/
https://en.wikipedia.org/wiki/EBay
https://commons.wikimedia.org/wiki/File:EBay_logo.svg
https://en.wikipedia.org/wiki/Meesho
https://meesho.com/learn-reselling/getting-started/how-do-i-earn-with-
meesho#:~:text=You%20can%20earn%20with%20Meesho,the%20best%20sup
pliers%20in%20business.&text=Meesho%20will%20receive%20the%20paymen
t,account%20within%2010%20working%20days.
https://www.fortuneindia.com/enterprise/social-commerce-the-meesho-
way/105563
https://commons.wikimedia.org/wiki/File:Meesho_Logo_Full.png
https://clootrack.com/knowledge_base/types-of-consumer-behavior/
https://www.business2community.com/consumer-marketing/six-stages-
consumer-buying-process-market-0811565
https://bizfluent.com/info-8698883-definition-consumer-preference.html
https://www.investopedia.com/terms/m/marketing-mix.asp
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APPENDIX
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A STUDY ON CUSTOMER PREFERENCE TOWARDS MEESHO ONLINE
SHOPPING
1. NAME :
2. AGE :
3. GENDER :
A. Male ( )
B. Female ( )
C. Others ( )
4. COURSE :
A. UG ( )
B. PG ( )
5. FAMILY INCOME :
A. Below 10000 ( )
B. 10000 –20000 ( )
C. 20000– 30000 ( )
D. Above 30000 ( )
A. Yes ( )
B. No ( )
A. Yes ( )
B. No ( )
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Place a tick mark at the appropriate boxes:
(SDA – Strongly Disagree, DA – Disagree, N – Neutral, A – Agree, SA – Strongly
Agree)
Sl.No PARTICULARS SDA DA N A SA
1 I agree that it is affordable.
2 I get exactly the same products that I ordered.
3 I'm satisfied by the services provided by
Meesho.
4 I make profit by reselling through Meesho.
5 I get good quality products at lower cost.
6 It has an impact on my overall budget.
7 I have an account on Meesho for reselling.
8 I purchase products from Meesho after
reading reviews.
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Give Ranks from (1-5) in each category for the following factors of Meesho:
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