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Other e-
commerce
websites Objective,
operational model
Objective: In the early years of customer base
development (taking advantage of the extremely
abundant capital available from the parent company
SEA, focusing on marketing, developing applications,
and websites optimizing), then calculate to increase
Vietnam e-commerce market share in 2017 profits.
=>41.1 million access in 2019 (2nd place is tiki with
only 35.7 million unique visitors)
Target customers:
- Tiki has indisputable advantages in urban areas, Sendo
has distinct features for clients in rural areas.
- Shopee distributes urban and rural resources with C2C
model (sellers can also become buyers and vice versa)
Approach: Design apps on mobile phone first and then
website (because demand to use apps on mobile phone is
higher than that of the website, more than 90% of
transactions are done on mobile phone while tiki and
lazada still focus on developing website)
CA
PIT - Capital advantages: Parent company SEA had an IPO in 2017 =>
&
- Shopee is heavily invested by parent companies (at the end of 2018,
poured 50 million USD = 1150 billion VND (while Tiki is burning
money from VNG – Their largest shareholder, VNG's Financial
FU SERVICE #1
Statements said: VNG's investment of VND 500 billion in Tiki has
returned 0) SERVICE #4
NDI
NG
Conclusion