Data analytics-driven e-Commerce for the small seller: Zilingo

Zilingo, a play on the word ‘Zillions’, is an online e-commerce platform for selling fashion products and was founded by Ankiti Bose and Dhruv Kapoor in Bangkok in 2015. Established with the vision of providing the small seller in South East Asia with an efficient online platform to sell their produ...

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Main Authors: KOTHA, Reddi, BHATTACHARYA, Lipika
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Language:English
Published: Institutional Knowledge at Singapore Management University 2018
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Online Access:https://ink.library.smu.edu.sg/cases_coll_all/227
https://cmp.smu.edu.sg/case/3736
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spelling sg-smu-ink.cases_coll_all-12302019-03-08T02:04:22Z Data analytics-driven e-Commerce for the small seller: Zilingo KOTHA, Reddi BHATTACHARYA, Lipika Zilingo, a play on the word ‘Zillions’, is an online e-commerce platform for selling fashion products and was founded by Ankiti Bose and Dhruv Kapoor in Bangkok in 2015. Established with the vision of providing the small seller in South East Asia with an efficient online platform to sell their products, Zilingo had grown 25% month-on-month in its second year of operation. The Zilingo e-commerce platform is driven by data analytics-driven research tools to enable small sellers to target demand from customers and drive sales efficiently. Reports generated by the platform encompass buyer statistics, supplier statistics, fashion trends and buyer preferences. Suppliers can manage logistics through third-party logistics partners available on the platform, and better sell their products by using the myriad tools available on the mobile-friendly app to upload images of their products, manage inventory, schedule pickups, track orders, consult on price-setting, and even liaise with third-party loan providers. Zilingo had also built a significant consumer base by December 2017, with seller hubs in Hong Kong, Korea, Vietnam, Cambodia, Indonesia, Thailand, Singapore and China. The company had also proved to be one of the fastest growing e-commerce businesses in South East Asia and had been able to raise substantial funding (US$27 million) within its first two years of operation. In April 2018, the company had raised US$ 54 million in funding, making it among the top ten funded startup companies in Singapore. The company has also launched its B2B product in the US market in line with its market strategy of quickly growing its customer base as well as its geographic base. Zilingo had satisfied several sources of innovation in entrepreneurship in context to Drucker’s theory of innovation. However, was this enough to keep the company in the growth track? Moreover, was rapid growth the right strategy for the company? Bose knew that her company had fared well so far in a competitive market. However, how could her company further expand its consumer base? What could be Zilingo’s competitive strategy? This case looks into the sources of innovation in entrepreneurship and exemplifies how incongruity in an existing market can create avenues for new ventures to be successful. The case also tries to highlight how harnessing on the power of data analytics capabilities of an e-commerce platform can help an online business create value-added tools and services for its customers and suppliers. 2018-11-01T07:00:00Z text https://ink.library.smu.edu.sg/cases_coll_all/227 https://cmp.smu.edu.sg/case/3736 Case Collection eng Institutional Knowledge at Singapore Management University Sources of Innovation E-Commerce entrepreneurialism Entrepreneurial management Entrepreneurial ventures E-Commerce Entrepreneurial and Small Business Operations
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Sources of Innovation
E-Commerce entrepreneurialism
Entrepreneurial management
Entrepreneurial ventures
E-Commerce
Entrepreneurial and Small Business Operations
spellingShingle Sources of Innovation
E-Commerce entrepreneurialism
Entrepreneurial management
Entrepreneurial ventures
E-Commerce
Entrepreneurial and Small Business Operations
KOTHA, Reddi
BHATTACHARYA, Lipika
Data analytics-driven e-Commerce for the small seller: Zilingo
description Zilingo, a play on the word ‘Zillions’, is an online e-commerce platform for selling fashion products and was founded by Ankiti Bose and Dhruv Kapoor in Bangkok in 2015. Established with the vision of providing the small seller in South East Asia with an efficient online platform to sell their products, Zilingo had grown 25% month-on-month in its second year of operation. The Zilingo e-commerce platform is driven by data analytics-driven research tools to enable small sellers to target demand from customers and drive sales efficiently. Reports generated by the platform encompass buyer statistics, supplier statistics, fashion trends and buyer preferences. Suppliers can manage logistics through third-party logistics partners available on the platform, and better sell their products by using the myriad tools available on the mobile-friendly app to upload images of their products, manage inventory, schedule pickups, track orders, consult on price-setting, and even liaise with third-party loan providers. Zilingo had also built a significant consumer base by December 2017, with seller hubs in Hong Kong, Korea, Vietnam, Cambodia, Indonesia, Thailand, Singapore and China. The company had also proved to be one of the fastest growing e-commerce businesses in South East Asia and had been able to raise substantial funding (US$27 million) within its first two years of operation. In April 2018, the company had raised US$ 54 million in funding, making it among the top ten funded startup companies in Singapore. The company has also launched its B2B product in the US market in line with its market strategy of quickly growing its customer base as well as its geographic base. Zilingo had satisfied several sources of innovation in entrepreneurship in context to Drucker’s theory of innovation. However, was this enough to keep the company in the growth track? Moreover, was rapid growth the right strategy for the company? Bose knew that her company had fared well so far in a competitive market. However, how could her company further expand its consumer base? What could be Zilingo’s competitive strategy? This case looks into the sources of innovation in entrepreneurship and exemplifies how incongruity in an existing market can create avenues for new ventures to be successful. The case also tries to highlight how harnessing on the power of data analytics capabilities of an e-commerce platform can help an online business create value-added tools and services for its customers and suppliers.
format text
author KOTHA, Reddi
BHATTACHARYA, Lipika
author_facet KOTHA, Reddi
BHATTACHARYA, Lipika
author_sort KOTHA, Reddi
title Data analytics-driven e-Commerce for the small seller: Zilingo
title_short Data analytics-driven e-Commerce for the small seller: Zilingo
title_full Data analytics-driven e-Commerce for the small seller: Zilingo
title_fullStr Data analytics-driven e-Commerce for the small seller: Zilingo
title_full_unstemmed Data analytics-driven e-Commerce for the small seller: Zilingo
title_sort data analytics-driven e-commerce for the small seller: zilingo
publisher Institutional Knowledge at Singapore Management University
publishDate 2018
url https://ink.library.smu.edu.sg/cases_coll_all/227
https://cmp.smu.edu.sg/case/3736
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