Building Indias Leading ECommerce Company mjunction Takes a LEAP
Porters Five Forces Analysis
India is on its way to becoming the next digital economy leader, driven by an ever-growing middle class, a tech-savvy population, growing internet users, and emerging e-commerce giants such as eBay, Amazon, Flipkart, and Snapdeal. This is a trend that is transforming consumer habits and disrupting traditional retail. A key part of this transformation is the growth of e-commerce, a sector that is projected to grow from $45 billion to $236 billion by
PESTEL Analysis
“Building India’s leading E-commerce company mjunction Takes a leap” This article will provide an in-depth analysis of mjunction’s PESTEL analysis. PESTLE stands for the Principles of Environment, Social, Political, Technological, Legal, and Economic Analysis. PESTLE analysis is a vital part of business management. PESTLE analysis enables businesses to identify their strengths, weaknesses, opportunities, and threats. navigate here It helps in improving strategic planning and growth in a competitive
VRIO Analysis
Indias eCommerce market is poised to reach $23 billion by 2020, according to a report by Allied Market Research. And that’s where mjunction fits in. Since its inception in 2009, the Bangalore-based start-up, a marketplace and a logistics solution provider, has grown rapidly, reaching the coveted position of leading an e-commerce platform by attracting $200 million in 2015. Today, it caters to 4,000 e
Evaluation of Alternatives
In 2015, I was one of those who predicted that E-commerce would revolutionize the world of e-commerce. The Indian consumer market seemed to have not been fully integrated into the world of eCommerce, with most of the online shopping coming from a select few big eCommerce platforms. In March 2016, I was invited by an NGO to attend a social awareness campaign. A few days later, my friend told me about a fund-raising event organised by a couple for a medical student who had to under
Porters Model Analysis
In recent years, Indian E-commerce industry has made tremendous progress by emerging as a leader in the world of internet commerce. As of now, it has a significant market share, with over 270 million internet users and growing at a 17% CAGR. These are impressive numbers, but it’s not surprising considering the fact that we have a diverse pool of consumers with unique preferences and buying habits. But as with any industry, building a leading E-commerce company is no easy feat. Compared to established
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MJunction is an India-based Ecommerce company that has been on an unrelenting mission of enabling India’s businesses to leap into eCommerce. Today, the company has emerged as India’s premier eCommerce platform for small and medium businesses, catering to millions of customers. Apart from India, MJunction has been setting up its operations in the United States, the United Kingdom, and Australia. MJunction offers a suite of products to customers, comprising website building, website design,