Business Model
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It provides an online platform for household customers to choose from a wide variety of products
listed by the suppliers (distributors, wholesalers, retailers). It also allows the suppliers to enlist their
products to ramp up their sales by increasing their reach. This portal also acts intermediately
between the distributor and wholesalers or retailer to supply goods that are unavailable locally.
Categories of Business
The main model of business can be categorized into two major divisions according to the customer
segment and the type of their interaction with the suppliers.
Business to Customers (B2C):
This is meant for household customers. This model is built around
providing convenience, quality and best value for money to the end users. The customers can
browse through the catalogs and see the different items listed by the suppliers. The customer
orders the selected items and we deliver the product on their doorsteps. This is our main focus
and we concentrate all of our initial resources at this.
Business to Business (B2B):
This model is meant for the wholesalers and retailers who need
some items which are unavailable in the local market. This is for bulk shipments and we charge
the customers for the shipment. This is not our primary goal. So as a web startup we don’t start
with this but we definitely plan to implement this in the future.
Business Process
The
business
process
for
the
MyGroceryNeeds.com is very simple. The
Process can be segregated into the following
sub categories:-
Buying Process
Selling Process
