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JIOMART BUSINESS MODEL

JIOMART BUSINESS MODEL

JIOMART IS GOING TO OPERATE ON ONLINE TO OFFLINE(O2O) MODEL, WHICH MEANS IT WILL CONNECT WITH LOCAL RETAILERS AND DELIVER GOODS TO THE CUSTOMERS BY PROCURING THEM FROM THE NEAREST STORE LOCATED IN THE CUSTOMER’S VICINITY.

THIS MODEL IS UNLIKE THE WAREHOUSE MODEL USED BY MANY OF THE ONLINE GROCERY PLAYERS LIKE GROFERS AND AMAZON NOW.

THIS VENTURE AIMS TO OFFER FREE EXPRESS GROCERY DELIVERY FROM NEARBY SHOPS AND STORES TO ITS USERS. AND MINIMUM OF 5% DISCOUNT ON THE PRODUCTS.

JIOMART AIMS AT CREATING A WIN –WIN SITUATION BY ORGANIZING THE UNORGANIZED RETAIL SECTOR, HENCE BENEFITTING LOCAL SHOPKEEPERS WHOSE BUSINESSES WERE EARLIER BEING ADVERSELY AFFECTED DUE TO COMPETITIVE PRICING.

JIOMART IS EXPECTED TO EXPERIENCE ACCELERATED GROWTH BECAUSE OF THE COMMERCIAL PACT BETWEEN RELIANCE AND FACEBOOK’S WHATSAPP

JIOMART DESH KI DUKAN” SHOP OF INDIA PROUD OF INDIA”WHERE THE PEOPLE ARE SELF SELLER SELF RETAILER, SELF OWNER SELF CUSTOMER, SELF DISTRIBUTOR SELF WORKERS.

JIOMART GROCERIES WEBSITE IS NOW LIVE AND WILL BE AVAILABLE FOR USERS IN 200 CITIES ACROSS INDIA. THE CITIES INCLUDE DELHI, BENGALURU, CHENNAI AND KOLKATA, AMONG OTHERS.

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HOW CREDIT CARD WORKS

HOW CREDIT CARD WORKS
WHEN YOU SWIPE A DEBIT CARD, THE MONEY GETS DEDUCTED FROM YOUR BANK ACCOUNT.

CREDIT CARD LETS YOU BORROW FUNDS (USUALLY FROM BANKS) FOR A PRE – APPROVED LIMIT TO PAY FOR YOUR PURCHASES.

YOU ARE USING MONEY WHICH IS NOT YOURS BUT YOU WILL PAY LATER.

SUPPOSE YOU DO SHOPPING FROM 1STJULY TO 30TH JULY WITH YOUR CREDIT CARD.

DURING THIS PERIOD, ALL TRANSACTIONS DONE ON YOUR CREDIT CARD WILL SHOW UP IN YOUR MONTHLY CREDIT CARD STATEMENT.

SAY IT WILL SHOW ON 31ST JULY

THIS IS CALLED BILLING CYCLE.

TO PAY THE CREDIT CARD BILL, YOU GENERALLY GET A CREDIT FREE PERIOD OF 20 DAYS FROM THE BILL/STATEMENT ISSUE DATE.

THIS IS CALLED DUE DATE.

IN  OUR CASE, IT WILL BE AROUND 20THAUGUST.

IF YOU PAY YOUR ENTIRE CREDIT CARD OUTSTANDING BY THE PAYMENT DUE DATE, YOU DO NOT INCUR ANY INTEREST CHARGES OR PENALTY.

IN OUR EXAMPLE, IF YOU PAY THE CREDIT CARD BILL BEFORE 20TH AUGUST, THEN YOU WILL NOT BE INCURRED ANY CHARGES.

BUT IF YOU FAILED TO PAY THE AMOUNT BEFORE THE DUE DATE, THEN YOU WILL BE CHARGED HIGH INTEREST RATES THAT VARIES FROM 36% TO 42% ANNUALLY ON THE WHOLE 50 DAYS PERIOD.

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START SEEING OPPORTUNITIES ARE EVERYWHERE

START SEEING OPPORTUNITIES ARE EVERYWHERE

INSTAGRAM THE MOST VALUABLE PHOTO COMPANY, SELLS NO CAMERA

 FACEBOOK THE MOST POPULAR MEDIA PROVIDER, CREATES NO CONTENT

 UBER THE WORLD’S LARGEST TAXI COMPANY, OWNS NO VEHICLES

 AIRBND THE LARGEST ACCOMMODATION PROVIDER, OWNS NO REAL ESTATE

 ALIBABA THE MOST VALUABLE RETAILER, HAS NO INVENTORY

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HOME BASED BUSINESS IDEAS

HOME BASED BUSINESS IDEAS

SOCIAL MEDIA AGENCY
Such an agency promotes products and services of a company by devising effective strategies. Marketing is the main function of a social media agency. These companies manage a brand’s presence on all social networking sites while working to get the attention of the maximum audience possible.
 SHOPPING DROP SHIPPING
Drop shipping is a supply chain management method in which the retailer does not keep goods … in a physical brick and mortar store or provide a hard copy or online product catalog to enable customers to review items before purchase.
AMAZON FBA
Fulfillment By Amazon (FBA) is a service provided by Amazon that provides storage, packaging, and shipping assistance to sellers. This takes the burden off of sellers and grants them more flexibility in their selling practices. The program allows sellers to ship their merchandise to an Amazon fulfillment center, where items are stored in warehouses until they are sold. When an order is placed, Amazon employees physically prepare, package, and ship the product(s).
PAID SURVEYS
A paid or incentivized survey is a type of statistical survey where the participants/members are rewarded through an incentive program, generally entry into a sweepstakes program or a small cash reward, for completing one or more surveys.
ONLINE FLIPPING
Flipping an item just means buying an item for a good price and selling it for more elsewhere. Generally, you buy items used at places like thrift stores and garage sales and sell them online.
PERSONAL BRANDING
Personal branding is the practice of marketing people and their careers as brands. It is an ongoing process of developing and maintaining a reputation and impression of an individual, group, or organization.
‎GRAPHIC DESIGN

Graphic design is the process of visual communication and problem-solving through the use of typography, photography, iconography and illustration. The field is considered a subset of visual communication and communication design, but sometimes the term “graphic design” is used synonymously. 
FIVERR FREELANCER

Fiverr is a platform that demeans freelancers by forcing them to put cheap price tags on their skills and services. If you’re freelancer who’s just starting out or planning to become one, avoid using Fiverr to offer your freelance services.