How Flipkart is beating Amazon using its Business STRATEGY ? : Indian Retail Wars Episode 1
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- čas přidán 7. 06. 2024
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Video Introduction:
With every passing year, both companies Amazon and Flipkart have been extending their arms in digital payments, private labels, groceries, and more. However, Amazon Vs Flipkart, both are aggressively expanding dominating the e-commerce Indian sector, regardless of whether it is fulfillment centers, logistics, or technology. Who is winning and Why?
Chapters
00:00 Context
0:48 Sponsor
1:53 Intro
10:37 Lessons + Resource + Book
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Book by Richard Thaler (Misbehaving): amzn.to/3j90qUC
Animation Credits : gauravrooki@gmail.com
#amazonvsflipkart #amazon #flipkart
Disclaimer : This video is meant only for educational purposes and is not meant to be taken as Investment advice of any kind
Do your own research before you invest anywhere.
Connect with me on Twitter via
twitter.com/Ganeshprasad999?s=09
Ganesh bhau, please do case studies on
1) Dmart
2) Big Bazaar
3) Walmart
4) WHY Snapdeal, India's most promising startup failed.
5) How BYJU is dominating India education sector
6) How big is Amazon's ecosystem, How do they keep us addicted into their eco-system,
How did they form such a ecosystem
7) How red bull earns money, their marketing
8) how coco cola sustained for 100 years
9) Pablo Escobar management and business strategies (the intelligent side of him)
@@statisticssirppn3699 àQ
Please make case studies related to healthcare industry too. How can treatments be made available in rural areas.
Thanks. P.s- this is one and only channel , which I feel jealous and urge to not share with friends. But still I do.
Such a great channel 🙏
Please make vedeo on edtech companies byjus unacademy etc
jobong discontinued from 2020
bro we need more case studies like these !!!! even at my buisness college they dont explain it this good
Lots coming bro ♥️
Bro video shuru to hone de😂
@@ThinkSchool yah bro pls increase the quantity too.
2 per week.
Bcoz of u I lessened my entertainment videos and increased buisness videos.
Even I am watching ur old videos.
@@ThinkSchool Can you make a Video on Flipkart Mafia the House of Many Startup Founders
@@ThinkSchool how you do your research bro?
The CTO'S in each house stratergy is spot on.Its true in tier2 cities
CTO phenomenon is spot in every household, not just tier 2 cities.
@@arsenalf.c6443 The youngsters are CTO as well as CPO (Chief procurement officers) of each household
Tier1 as well.
@@TheAnkushkedia Agree. Especially, as we are the ones who order online for family.
One of the major thing which we mostly don't really bother is that Flipkart has a super easy app interface while Amazon app is like a mess for a newcomer.
Yes bro
Very true!
Eggzactly eggzactly. That's what i commented too
*This* is the main reason y i like flipkart over amazon
Spot on 👌👌
Bro apki university ka admission form kahan milega?
I want it too
Join the channel and apply for the courses
He learnt it from Books.
CZcams peh just subscribe 💯😎
Internet and books are his University
Who needs to go to business school to get our MBA degree when we already have THINKSCHOOL. 🎉🎇
😂💯
Who needs MNCs to work in when everyone can become tea stall owners
To job nhi karni?
@thinkschool should start an MBA online coching
@@skyhightanish ye kuch jyada nhi hua.... but yes it's valid point.
"Prime members bought 3 times more than non-prime members"
They are friends of the user guys!! XD
My prime account is being used by 7 folks.
😂
Mine was used by 26 people, frankly not exaggerating.
@@JohnWick-be7hu same I lost count ..random friends of friends in college use to order from my account to avoid delivery charges for products under 499.
Bro same in every college hostel be it prime Netflix or Hotstar
Same here shared with 3 people
Just for everyone's knowledge: Flipkart is owned by Walmart US.
Yes
Ha toh hum kya kre tuje kisne bola idhr gyan chode ne hume pahle see hi malum he
Are bhai big fan ❤️
Now owned* , initially it was started and grown using investments it managed to raise, walmart got 70% share in Flipkart in mid/late 2018(this comment isn’t an argument it’s just additional information to the pre existing info in the comment above)
bruh, i got happy for a few minutes
Think School Strategy Decoded: Keep changing the THUMBNAILS so that whenever an old learner comes it seems to him that it is a new video thus high click through rate.
Just saw this video a couple of days back czcams.com/video/S2xHZPH5Sng/video.html it's a legit strategy but more for checking what works with the audience, and think school's not the only one using it
They r doing it 😂😂😂
@@Neetish21 i was just about to comment the same thing. 👍
Credits : Veritasium 😜😜😜
@@Neetish21 veritasium ❤️
I am Glad That People like you Research and do(Educate) what the System Does Not.....
System is on autopilot mode 🤣🤣🤣
If my family orders more food than we can eat at a restaurant, we just ask the waiters to pack it in a bag or box so we can take it home and eat it later... 😂😂
packing ka 20 rupees zyada lete na bhai, kabhi kabhi
@@shre6619 Ham jis restaurant mai khate hai, waha nai lete 😅
I usually skip the promotion parts of youtube videos but you're such a nice guy that I watch that part just for your explanation. Also, please keep up the tradition of recommending a book at the end of the videos. ♥
Means alot ❤️
Being very true, Flipkart app and shopping experience is way better than Amazon's. The UI and app smotheness in particular.
That's what I felt missing in the video. Most important is customer experience.
Yup
Espicially the sorting system
I find Flipkart UI way better than Amazon's. While I used to use Amazon in bandwagon effect, I switched back to Flipkart just for UI. Amazon is too cluttered. Filtering options are generic and becomes really difficult to find the exact product
Amazon customer friendly policies less price is better than flipkart
I literally found your channel randomly surfing yt while reviewing my Neet test papers, and you've got me hooked. You got my subscription at just the second video I watched and every single one has impressed me. I wish that your work gets recognised and your channel grows more to help and educate the budding youth.
Thank you so much ♥️
Hey , r u also a NEET aspirant ?
I'm as well.
@@drkushraghav Yup bro!
@Abhinav Bhai abhi jitne aa rhe hai usse thode zyada lagenge main exam ke liye😂
Same i subscribed him by watching this video.
Whenever I listened to think school, the first quote which comes to my mind..... Learning never exhausts the mind......thank you very much think school for providing us such great content for free 😊
❤️❤️
I really like your content and usually share it with my friends. The only thing missing is sources for the data you provide in the video. If you can cite the sources or original articles then it will also encourage us to read them and try to understand how to analyze such articles. Anyways great content!!! Keep it up !
The way you explain the details it really builds suspense with a valuable lesson and this is just amazing 🙌
Skillshare still asks for CC details, even with a month of free subscription. The video is pure appetizer, waiting for further videos in the series.
Can't appreciate Think School enough. Such a deep analysis, an amazing and simple delivery, and so many points dropped between video to give a new food for thought. Just outstanding! You guys are One in a million, maybe Billion!
THANK YOU SO MUCH!!!!
Day by day we are learning incredible business lessons and strategies and way more economic developments that happened across the world. Really appreciate your effort. Huge thanks for teaching us.
It's amazing to watch this informative case study on Great Rivalry between Amazon and flipkart.
You're videos is a gold mine. Great work.❤️
i think amazon is better than flipkart because it's most services are integrated at one place ...also it seems authentic. flipkart doesn't have uniform delivery charge for many items ...
i agree
Couldn't agree more. Amazon customer service is top notch. Flipkart customer service sucks and they will pay heavily in the coming years.
but flipkart UI is better than amazon
@@Hello-kh6bk amazon fashion filters are cluttered.
Plus myntra by flipkart is pretty good for fashion.
But I sh op from local or online ho me grown brands like tata cliq or ajio.
I compare prices on both apps and order from where item is more cheaper 😜
You give us mba education for free every week ! ❤️ I can't complement enough on your work and idea of this channel
Your book recommendations are dope. Keep up the great work ❤️💯
I hope you grow at lightning pace man! 1 million soon!! ❤️
Reliance and D-mart should start dominating in E-commerce sector as they are local players who will benefit our economy
Trueee.. soooo looking forward to it
Radhakrishan damani will dominate if played well though jio has an upper hand due to its telecom services but the price of d mart is unbeatable
They should target wholesell market like aliexpress
Flipkart is from india
If you dont know 🙄
@@simrat9250 was from india now its not.
amazon fails when it comes to fashion, even after buying prime i never stopped purchasing from Flipkart, Myntra because amazon reeks of 1st copy products at the prize of original once.
how is the customer service of flipkart?
@@Pgggg Amazing for me. But it also depend on where you live.
@@shamkadarsoup1938 what about Delhi?
@@Pgggg Not sure. It depends. I'm from Karnataka, Mangalore.
@@Pgggg Amazing for me as well, I'm from a very small place in Bihar
Hey! I’m new here. I own 2 businesses and listening to this felt like with this, I can take the market with one of them.
Thank you so much for sharing such case studies and lessons!! Really appreciate it! We want more!!!!
Good revision of e-commerce path! A lot more to see, experience and growth ahead….
This guy makes me actually get into commerce e commerce and money
Superb!!!! Quick, short, and precise. The throw of the words, the pitch, and the sound. It was all perfect.
Thanks a lot.
Best CZcams channel ever !!!!! Explaining great concept within i had my dinner. Just loving it Ganesh. All the best
loved the case study.... want this channel to grow crazy :)
Your case studies are beautiful bro, we can learn lot of strategic movements from market kings.
This helps small businesses like us to adapt few management changes to be in market and grow our business as per market movement. Thankyou ❤
Less than a week ago you had 500k subs now you have 537k subs! This channel is growing so fast!
now 542k
Amazing screenplay!! Highly informative, buddy! Thank you!
Bhaiya we all appreciate your efforts please do make more such videos we all would be very grateful ❤️❤️
REQUEST: pls make a books list(on goodreads/similar) which gets updated with every video's recommendation
Best informative channel on CZcams, the presentation, the topic, the background research All flawless.
As a verbal learner,its delightful to see some book recommdations at the end 😊
In fact, I am one of those Plus- Non Prime person!
Got Plus from shopping and then if I shop every single month, I will get it for the next year again (however, I broke the streak)
@SUPER MARIO Yes actually by shopping whole year I will get that much Supercoin bonus, so...
I bought 2500 gift card for 2500 supercoins by watching 40 mins video for 4 months
Key take away is "pricing is a double edge sword", thanks for video.
Your content is literally gold🔥
Thank you 😊
lovely video! great going, thanks for attaching Prof Thaler's paper here too!
Watched the complete video for his confidence and smooth talking.
Another great video... I still remember how I used to wait to over holidays after certain point and start of school so I could learn new things and play with my school frds... With same passion I wait for your videos.... Pls make video on blockchain technology in erp systems...
Sweetest ❤️
@@ThinkSchool please make video on use of blockchain in erp systems
My morning starts with Think School ❤️ I love this channel. Please share more case studies and strategies for handmade products 🙏
You literally expose most famous business ideas of the world. That's a threat to business owners but a boon to all of us. Wonderful presentation 👏
Loving your case studies more than Vivek Bindra's videos ❤️
This is gold mine!
The credibility of both top-notch successful E-commerce giants is explained beautifully in a lucid and clear way. Amazing work
You guys are just too good. Loved the video! Very intuitive and immersing. Great details and ideas.
Guys this is Legitimately Shocking and *controversial* :
czcams.com/video/cCbL00hmt-s/video.html
Next video will be based on Think School's Strategy 😂 love your work bro , soon I'll complete my MBA through your videos 💜 Lots of love 💚
Bro u keep growing at the same pace, 1M milestone is not so far. Love ur content .....
Thanks bro ❤️
It will surely reach to 10 million subscribers with a great a compound effect... Already it has been started... No one can stop Thinkschool to reach 10 Millions... Lots of Love to my inspiration Mr.Ganesh Prasad ji....❤️
Great videos! Thought provoking. Waiting for Ep2 of this series 😊
I just love you brother.... I didn't learn as may business concept in my MBA as I did here... A proud subscriber... Cheers to you and ur team
Right before the last years BBD, Flipkart organised a quize with just 3 easy questions which can be answered by any normal person. After answering the questions rightly, Flipkart gave Plus Membership for 3 months
😘❤always lots of love ganesh sir .😘😍🤩❤
Mind blowing case study. Clearly explained. Hoping for more videos 🔥
Loved it! So so nicely explained
Really Flipkart is very intelligent 🤓
I am a student and i order mostly from Flipkart 💙💚❤️
One of the main things which i noticed was flipkart has very nice interface when compared to amazon so flipkart is so easy and looks simple than amazon
Absolutely amazing research, thanks a lot
as always.... nice work and you have provided me a new prospective
Soon Reliance, Tata & DMart will also reach at highest level in this e-competition 🚀
You forgot the behavior reinforcement that happens while trying to achievement 300 super coins,and the concept of token economy 👀
tricks
@@tangetaier1783 Guys this is Legitimately Shocking and *controversial* :
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Great Analysis, Happy that you are suggesting books related to the video everytime.
Im loving this channel more than anything in my life rn ❤️
Amazon does not give pay on delivery for other tier 2 and tier 3 cities but Flipkart gives for almost all the product .people hesitate to do bank transaction as it for the first time this may also be the reason for the downfall of Amazon.
You haven't included the Tata's plans into the retail space.
First episode hi hai bro :)
Tata is worst at this time ...they lack at everything..
I knew some of these facts but I was still blown away...
One of the most informative channels in the box of Business and Marketing.....All the best
Flipkart has potential to beat Amazon if it expands in cloud services catagory
no
Flipkart is already no 1
Their model is not tech services focused .. walmart is focusing on the retail only ..
The effect of supercoins by flipkart can't be undermined. Even though the return is low, but it still pushes me to buy from Flipkart instead of Amazon if the price are same. Till now by using flipkart supercoins I have got dominos vouchers worth 4.5k which seems good to me.
Amazing brother...keep doing👍👍.
Hey ganesh you always came up with different ways to expalin. Love it
And also Flipkart interface is way better than Amazon.
Now understand why I purchase from Flipkart over Amazon, despite having problems with Flipkart.
Thanks for making so simple and detailed ❤️
Every video of yours adds so much value in my life ❤️❤️
Amazon's customer care is next level. Nobody is close enough to Amazon.
Their main principle is customer obsession so they will never dissapoint on that aspect
@@palkeshr
Yes.
Truly said. Look at their documentary, there are a lot of things to learn.
@@nagahemachandchinta5498 I work at Amazon bro I know how they work on the long run amazon will overtake flipkart
I don't agree. When I reached their customer care regarding Amazon pay UPI, 3 executives and 2 people from leadership team abruptly disconnected my call when they couldn't provide me a solution. I'm still struggling with this and latest reply I've got is to try linking my account after 90 days. Totally shit. UPI works smooth on Google pay and phonepe. Amazon should stop stepping into every possible segment where they don't have expertise.
@@pavan5208
It depends upon your problem, if it's something beyond their control, they will try but they might not guarantee. Payment stuck issues is because of your bank in between, I faced this problem with Google pay a lot many times and GPay never helped me to get the resolution.
"Students are the chief technology officer of the house"😂😂😂
Highly Highly Highly Informative like always in the most simple Explanation, Great Work ❤️
Great Video Bro as always. Thanks for the amazing knowledge
Amazon has started charging its prime customer's too for delivery,hence people are also loosing interest.
Eventually this has to happen, it was an earlybird offer basically.
Amazon is getting ugly , there app is full with ads and waste items. When you search something you don't get good result plus ui is very very poor . There Deleivery change is very high . Amazon has one best benefit is that there customer service .
@@sagarrajak6996 true Amazon is shiity
Products that are not amazon fulfilled are charged just like flipkart does for its non flipkart plus items.
@@saikrupacharyarendra850 nope Flipkart also gives option for smart warehouse option
It really means the world to me if I could get a heart
♥️ take 2 :)
@@ThinkSchool thanks
@@ThinkSchool Need a video on dominos vs pizza hut
@@ThinkSchool can you tell your name and who Akshat is??
I keep hearing about him in the comments but don’t know who that is
You earned this, really wonderful research and best approaches shared in simplest manner
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Great research and content bro. Sending your way loads of power from Sri lanka
Still this strategy only works when you're already a good company in the market otherwise who would pay a membership in a startup. It's very rare
I have watched almost all the videos on your channel. it helped me to understand the business world better. thank you
I make it a point to watch ads enthusiastically only for this channel.
Keep growing,more people need you than you think.
Thanks to think school
Your case studies are useful for my MBA
As always, a very useful & informative video. Keep rocking bro 👍
this is the best channel for Indian business environment, finally the CZcams algorithm has done something good!
Great Information and Research, good to watch all these thorough knowledge and experience you share with us.
Man what to say your content and its simplicity is so so so good !!!! Always outstanding !!! Thank you so much !!!! These videos help alot !!!
❤️❤️
Great Insight. Keep it up
Wow ...what a market study u have done and explained in simple language ....good bro ...I usually not suscribe any chanel but your video influenced me to suscribe your chanel ...
Clicked your video for first time good content with easy explanation. 👍keep growing
This channel literally exploded .....it is that good.