E-Commerce Strategy for Ashewa Technologies
E-Commerce Strategy for Ashewa Technologies
INDIVIDUAL ASSIGNMENT
Course Title:-E-Commerce
Course Code:-3031
SUBMITTED DATE:-17-Dec.-2024
1
Contents
Ashewa technologies company ([Link])............................................................................................5
Background of the Organization..................................................................................................................5
Business Model of Ashewa Technologies company....................................................................................6
Costumer values..........................................................................................................................................7
1. Convenience........................................................................................................................................7
2. Competitive Pricing..............................................................................................................................7
3. Variety and Selection...........................................................................................................................7
4. Personalization....................................................................................................................................7
5. Trust and Security................................................................................................................................8
6. Fast and Reliable Delivery....................................................................................................................8
7. Quality Assurance................................................................................................................................8
8. Easy Returns and Refunds...................................................................................................................8
Revenue model............................................................................................................................................8
1. Membership Fees (Subscription Model)..............................................................................................9
2. Transaction Fees (Commission-Based)................................................................................................9
3. Advertising and Marketing Services....................................................................................................9
4. Value-Added Services.........................................................................................................................9
Market space and Market strategy.............................................................................................................9
Market strategy.........................................................................................................................................10
1. Define Your Target Market...............................................................................................................10
3. Build a Strong Brand Identity............................................................................................................10
4. Optimize User Experience (UX)........................................................................................................11
5. Pricing Strategy.................................................................................................................................11
6. Sales Channels & Distribution Strategy.............................................................................................11
7. Marketing & Advertising Strategy.....................................................................................................11
8. Logistics and Fulfillment...................................................................................................................12
Competitors...............................................................................................................................................12
1. Afrotie................................................................................................................................................12
2. Jiji Ethiopia.........................................................................................................................................12
2
3. Addis Mercato...................................................................................................................................12
4. Qefira
...............................................................................................................................................................12
5. Mercato Online..................................................................................................................................13
6. Aradamart..........................................................................................................................................13
COMPETITIVE ADVANTAGE OF THE COMPANY.........................................................................................13
1. Cost Leadership.............................................................................................................................13
7. Customer Service.......................................................................................................................14
MANAGEMENT TEAM AND STRUCTURE OF THE COMPANY.....................................................................14
STRUCTURE OF THE COMPANY.................................................................................................................16
1. Executive Leadership (C-Suite)...................................................................................................16
Typical E-Commerce Company Structure..........................................................................................17
1. Executive Leadership (C-Suite).......................................................................................................17
2. E-Commerce Operations and Logistics..........................................................................................18
3. Marketing and Sales......................................................................................................................18
4. Customer Service and Support......................................................................................................19
5. Technology and Development.......................................................................................................19
Typical E-Commerce Company Structure..........................................................................................20
1. Executive Leadership (C-Suite).......................................................................................................20
2. E-Commerce Operations and Logistics..........................................................................................20
3. Marketing and Sales......................................................................................................................21
4. Customer Service and Support......................................................................................................21
5. Technology and Development.......................................................................................................21
6. Product and Merchandising...........................................................................................................22
7. Finance and Accounting.................................................................................................................22
8. Legal and Compliance....................................................................................................................22
RECOMMANDATION WITH JUSTIFIED REASON FOR THE COMPANY.........................................................22
1. Optimize User Experience (UX) and Mobile Responsiveness....................................................23
2. Personalized Recommendations and AI Integration.................................................................23
3. Streamlined Payment Process & Multiple Payment Options.....................................................23
4. Efficient Customer Support System............................................................................................23
3
5. Effective SEO and Content Marketing Strategy..........................................................................23
6. Sustainability & Ethical Practices................................................................................................24
4
5
Ashewa Technologies
Establishment
Initially Ashewa Technology Solution S.C was founded by the young visionary, DanielBekele
and his 5 friends in May 2020 Addis Ababa, Ethiopia. Currently Ashewa has a total of 12
Board members, hundreds of shareholders and 52 trained professionals. Daniel has got the
access to actively engage in the market from an early age. The town is best known for its
active trade practices, which gives him a chance to intimately engage in the process
of transaction.
This coupled with the fact that he come from a farmer and merchant family has resulted in
him being grown to be a very fond of the market & many would say he excelled in the market.
But for Daniel, what resonates more was the community that has come together around the
market with strong binding values. Those people were trusting, dependable and real
hard-working folks, who genuinely believe in each other and in the market.
The faith and trust those communities instilled in him at such a young age is a
motive he holds up today, to live up to his highest potentials, because their unbreakable faith
has created a real sense of belonging in him. He inherited that unwavering trust and
brings it to Ashewa abundantly, and builds a company, a team and a community based on
that value.
Yet, despite making a lot of money for his age, it didn’t take him a long time to
understand the limitation in the local trade. Most of the trade activity was limited to labor,
short distance and small networks which makes it difficult to upscale and exhausting
at the same time.
6
Then he founded Ashewa PLC, an E-commerce platform. The new platform has demonstrated
a high performance in a very short time, in 8 months to be specific. The
performance was 88% higher than other e-commerce platforms in Ethiopia. The high-
performance proofs that there is a high demand and huge potential for digital
economy. What was lost was a reliable and organized platform. It right there
Ashewa decides to be a share company and invest a huge resource in order to
solve real Ethiopian problems through large scale technological solutions. And it
takes its story to be a story of resilience, because Ashewa is born out of a dire need for change.
They make it their own purpose to create the platform for young talents. It is intended to put
an end for poverty, migration and death. In time the youth should no more lost on the desert
in search of a better life .
B2C – Businesses sell to individual consumers (end-users). The most common model with
many variations.
B2B – Businesses sell to other businesses. Often the buyer resells
p r o d u c t s t o t h e consumer.
C2B – Consumers sell to businesses. C2B businesses allow customers to sell to
other companies.
C2C – Consumers sell to other consumers. Businesses create online marketplaces that
connect consumers.
B2G – Businesses sell to governments or government agencies.
C2G – Consumers sell to governments or government agencies.
G2B – Governments or government agencies sell to businesses.
G2C Governments or government agencies sell to consumers.
7
Costumer values
These values are crucial because they influence a customer's purchasing decision, satisfaction, and
loyalty. Understanding customer values is essential for e-commerce companies to build strong
relationships with their customers and to stay competitive in a crowded market.
Customer values in Ashewa Technologies company:
1. Convenience
Ease of Use: Customers expect an intuitive and user-friendly interface that makes browsing and
purchasing products quick and easy. A clean, well-organized website or app with simple navigation is
essential.
Availability: E-commerce allows customers to shop at any time of day or night, which is a huge
value for many people who don't have time to visit physical stores during regular business hours.
Multiple Payment Options: Offering various payment methods, such as credit/debit cards, PayPal,
Apple Pay, Google Pay, and buy-now-pay-later services (like Klarna), enhances convenience.
2. Competitive Pricing
Affordable Prices: One of the biggest appeals of shopping online is often the ability to find better
deals than in traditional brick-and-mortar stores. Price comparison tools, discounts, and promotions
help customers feel like they’re getting the best value for their money.
Clear Pricing Structure: Transparent pricing, including taxes, shipping fees, and potential additional
costs, is essential. Hidden costs can lead to cart abandonment.
Wide Range of Products: Customers value having access to a large selection of products from
different categories. E-commerce stores that offer diverse inventories give customers more options
and a better chance to find exactly what they need.
4. Personalization
Tailored Recommendations: E-commerce companies use data to recommend products based on past
purchases, browsing history, and user preferences. Personalized product recommendations improve
the shopping experience and increase the likelihood of a sale.
Customized Shopping Experience: Customers appreciate websites that allow them to filter products
according to their preferences, such as price, size, color, or brand.
8
5. Trust and Security
Data Protection: Customers want reassurance that their personal and financial information is secure.
E-commerce platforms need to ensure they have secure payment gateways and encryption protocols
in place.
Trustworthy Reviews and Ratings: Product reviews, ratings, and testimonials help build credibility
and trust in the product or the seller. Positive feedback from other customers helps new buyers feel
more confident in their purchase decisions.
7. Quality Assurance
High-Quality Products: Customers value high-quality products, and they expect online retailers to
provide clear product descriptions, images, and specifications. High-quality photos, videos, and detailed
product descriptions build trust and ensure customers know exactly what they’re buying.
Revenue model
The revenue model of Ashewa technologies company, which is the flagship B2B (business-to-
business) e-commerce platform of Ashewa technologies companies, is built on several streams that
enable the company to generate income from both buyers and sellers on its platform. Here's a
breakdown of the primary revenue models employed by Ashewa technology:
9
packages that provide different levels of visibility, access to premium features, and other
benefits.
Standard Membership: This is typically for smaller sellers and allows them to list their
products on the platform but with limited features.
4. Value-Added Services
For Buyers and Sellers: Ashewa tech. offers various additional services that are often
monetized separately.
10
3. Buyer Types:
Small to Medium Enterprises (SMEs): Many SMEs use Ashewa to source products at
competitive prices and scale their operations.
Retailers: Some buyers are retailers looking to purchase bulk inventory for resale in physical or
online stores.
Market strategy
Developing a market strategy for an e-commerce company involves a multi-faceted approach to reach the
right customers, stand out from competitors, and optimize operations for profitability. The strategy should
align with the company’s overall business objectives, whether that's to increase brand awareness, boost
sales, enhance customer experience, or expand into new markets.
Brand Positioning: Clearly define what your brand represents and how you want it to be
perceived in the market. This includes your brand’s values, tone, and promise.
Visual Identity: Develop a professional and appealing logo, color palette, and design theme that
resonate with your target audience.
11
Content Strategy: Create content that tells your brand’s story, builds credibility, and engages
with your customers. This could include blog posts, videos, infographics, and social media
content.
5. Pricing Strategy
Competitive Pricing: Set your prices based on competitor analysis, but also consider factors like
your product’s value proposition, shipping costs, and target margin.
Promotions and Discounts: Offer discounts, seasonal sales, or bundle pricing to attract
customers and create urgency. Implement discount codes or loyalty programs for repeat
customers.
Promotions and Discounts: Offer discounts, seasonal sales, or bundle pricing to attract
customers and create urgency. Implement discount codes or loyalty programs for repeat
customers.
12
8. Logistics and Fulfillment
Inventory Management: Use efficient inventory management systems to track stock levels, forecast
demand, and avoid stock outs or overstocking.
Competitors
1. Afrotie
Afrotie currently allows users to either buy or sell different products and services
across 14 cities in Ethiopia. The platform has a location filter option, which allows
different buyers and sellers in their cities to connect with each other.
2. Jiji Ethiopia
Jiji Ethiopia is the subsidiary of Jiji, which is an African online marketplace platform
established in 2014 in Lagos and operational across different African countries, with
Jiji entering Ethiopia at the end of 2020. Jiji currently sells around 16 different
categories of goods and services, with the platform’s overall listing of product ads
being around 200,000 as of February 2024. Jiji Ethiopia also has one of the largest
downloads from the Google Play Store, which is around one million downloads
3. Addis Mercato
Addis Mercato is an Ethiopian e-commerce and logistics company that was created by
a group of bright individuals with over 25 years of experience in the sectors of
technology, retail and supply chain.
They offer products ranging from groceries, clothing, electronics, Ethiopian-made arts
and crafts, household appliances, and furniture.
Addis Mercato can be accessed through their website, with payments being accepted
in the form of PayPal, Mpesa, CBE Birr, Visa, and MasterCard.
4. Qefira
They encourage individuals and business across different categories to sell their
products through them.
13
They allow up to five free listings, and then begin to charge.
Qefira also offers to advertise product and services on their site by registering your
business with them.
5. Mercato Online
Mercato Online is another Ethiopian e-commerce marketplace that offers its clients
general products and delivers within the Addis Ababa area of a 5km radius.
6. Aradamart
14
4. Brand Loyalty and Reputation: A strong brand can create customer loyalty and
repeat business, giving a company a competitive advantage. This often results from
consistent quality, positive customer experiences, or effective marketing strategies .
7. Customer Service
15
Background: The young and visionary Daniel Bekele is one of most striving,
committed, energetic and optimistic youths in the continent Africa. Mr. Daniel has
a lot of experience in the online market in Kenya and China starting from a young
age. He believes the internet can transform our people’s lives to grow, learn and be
civilized!!
Daniel is software developer and digital marketing graduate from Ubuntu College,
in Kenya Nairobi and studied E-Business, E-Commerce and Artificial Intelligence
from NPTEL Indian Technology College and also he had taken many online
courses in business management and Risk management.
Chairperson of board
Background: Mr. SAMUEL GIRMA is a lawyer and has worked in the sector for
the last decade. He has earned His Master’s degree in Business Laws from
Addis Ababa University. In his endeavor Samuel acquired huge expertise in
business law affairs including corporate law, Labor law and Tax law issues
while preparing various types of business contracts for several big
companies and clients.
5. Kasse Assefa
6. Mr. Darius F
Dr. Abush obtained his medical degree from Addis Ababa University and his MBA
from Lincoln University in the US with a gold medal award. He is a certified
management consultant from Ethiopia management Institute. He have acquired
certification in financial market from Yale University and mentored by the Nobel
Prize winner professor Robert Schiller.
Chief Executive Officer (CEO): The CEO is the highest-ranking executive in an e-commerce
company. The CEO is responsible for setting the overall strategic direction, growth, and
performance of the company.
17
Chief Operating Officer (COO): The COO oversees daily operations and ensures that the
company runs efficiently. They are involved in logistics, order fulfillment, and process
optimization.
Chief Marketing Officer (CMO): The CMO is responsible for developing and executing
marketing strategies to promote the company’s products, drive traffic to the site, and improve
conversion rates.
Chief Technology Officer (CTO): The CTO manages the company’s technology
infrastructure, including the e-commerce platform, website, mobile apps, and integrations
with external systems (payment processors, CRM, etc.).
Chief Financial Officer (CFO): The CFO is responsible for managing the company’s
finances, including budgeting, forecasting, accounting, and profitability analysis.
Chief Customer Officer (CCO): This role is responsible for enhancing the customer
experience across all touchpoints and departments (customer service, product returns,
support).
Here is an overview of the key departments and roles in a typical e-commerce company’s
organizational structure:
18
Chief Operating Officer (COO): The COO oversees daily operations and ensures that
the company runs efficiently. They are involved in logistics, order fulfillment, and
process optimization.
Chief Marketing Officer (CMO): The CMO is responsible for developing and
executing marketing strategies to promote the company’s products, drive traffic to the
site, and improve conversion rates.
Chief Technology Officer (CTO): The CTO manages the company’s technology
infrastructure, including the e-commerce platform, website, mobile apps, and integrations
with external systems (payment processors, CRM, etc.).
Chief Financial Officer (CFO): The CFO is responsible for managing the company’s
finances, including budgeting, forecasting, accounting, and profitability analysis.
Chief Customer Officer (CCO): This role is responsible for enhancing the customer
experience across all touchpoints and departments (customer service, product returns,
support).
19
Email Marketing Manager: Designs and manages email marketing campaigns to
nurture customer relationships, drive repeat purchases, and re-engage dormant customers.
Affiliate Marketing Manager: Oversees relationships with affiliates and influencers to
promote the company's products on other platforms and earn commissions on sales.
Product Listing Manager: Ensures that all products are correctly listed with accurate
descriptions, prices, images, and specifications. This team is also responsible for
optimizing listings for higher conversion rates.
20
Here is an overview of the key departments and roles in a typical e-commerce company’s
organizational structure:
21
SEO Manager: Responsible for optimizing the website and content to ensure high
visibility in search engines (e.g., Google). Their role is critical for organic traffic growth.
Content Marketing Team: Focuses on creating and managing content for blogs, videos,
product descriptions, and social media. Content is vital for engaging customers and
improving SEO.
Paid Media Specialist: Manages paid advertising campaigns, including Google Ads,
Facebook Ads, and display advertising to drive traffic to the site and increase
conversions.
Email Marketing Manager: Designs and manages email marketing campaigns to
nurture customer relationships, drive repeat purchases, and re-engage dormant customers.
Affiliate Marketing Manager: Oversees relationships with affiliates and influencers to
promote the company's products on other platforms and earn commissions on sales.
Product Listing Manager: Ensures that all products are correctly listed with accurate
descriptions, prices, images, and specifications. This team is also responsible for
optimizing listings for higher conversion rates.
22
Cybersecurity and IT Security Team: Ensures that the e-commerce platform is secure,
protecting customer data and preventing breaches or cyberattacks.
Product Manager: Oversees product categories and works with the marketing and
operations teams to ensure the right products are being offered at the right time.
Merchandising Team: Focuses on selecting, pricing, and displaying products on the
website. They create product collections, seasonal promotions, and product bundles.
23
Recommendation: Ensure the website and app are user-friendly, with fast load times, intuitive
navigation, and mobile-optimized interfaces.
Justification: With increasing mobile traffic and user expectations for seamless experiences,
optimizing the website and mobile app for speed and ease of use is crucial. Studies show that
53% of mobile users abandon sites that take longer than 3 seconds to load. A smooth UX helps
to reduce bounce rates and increase conversion rates, directly improving revenue.
Recommendation: Offer multiple payment options (e.g., credit/debit cards, digital wallets,
BNPL - Buy Now Pay Later) and simplify the checkout process to make it as quick and easy as
possible.
Recommendation: Focus on strong Search Engine Optimization (SEO) practices and build a
robust content marketing strategy (blog posts, video content, reviews, etc.).
Justification: Organic search is often the largest source of traffic for e-commerce stores. By
improving your SEO, you can increase visibility on search engines like Google, making it easier
for potential customers to find your products. Additionally, content marketing builds brand
authority and trust. Well-crafted content, such as how-to guides or product reviews, not only
attracts traffic but also nurtures customer relationships and conversions.
24
6. Sustainability & Ethical Practices
25