pestel analysis of paytm
For the unversed, PhonePe is a digital wallet and online payment app that allows users to pay bills, transfer money, invest in mutual funds and gold, buy life insurance and make instant payment to your favorite online and offline stores . It is anatomy and a strategic management tool that helps to scrutinize the macro-environmental factors that may have a resonating influence on an organization's accomplishments. The preparation of ETOP involves dividing the environment into different sectors and then analyzing the impact of each sector on the organization. It was developed by glueck. Changes in the macro-environment factors can have a direct impact on not only the Ttg Fintech Limited but also can impact other players in the Software & Services. PayTm is amongst the top 7 e-commerce companies in India to have billion-dollar valuation and transformed the business model of PayTm from a recharge web site to a payment cum e-commerce marketplace. July 17, 2010. PESTEL analysis provides great detail about operating challenges PayPal Holdings, Inc. will face in prevalent macro environment other than competitive forces. Political. • It was launched in 2010 and adds to the industry of FinTech in India. One97 investors include SAIF Partners, Intel Capital . Initially, it was known as PEST Analysis. Assignment Solution Status. Below is the basic analysis of components of PhonePe's business model. The PESTEL Analysis of FINTECH AND FINANCE TRANSFORMATION THE RISE OF ANT FINANCIAL SERVICES will help the company make strategic decisions correctly, keeping in perspective the external trends, and factors of the external environment. This is often analyzed with the help of the PESTEL framework/model. Report likewise offers utilization of store network the executive frameworks to comprehend the strategy for the progression of the development of the Virtual Payment Systems market. The deal will see the Paytm Payments Bank beta customers issued with cards in an initial rollout, followed by its entire user base in short order. The modes chosen for these transactions include debit and credit cards. The external analysis for the Paytm Accelerating Growth through Diversification Case Study will assess and will apply the strategic models and tools to review the business environment for the company.PESTEL Analysis; 3.1.1. Challenges Paytm is facing currently 4. PESTLE or PESTEL Analysis is a tool which helps companies have a ten thousand foot view of the macro environment it is operating in. Indian Textile Market is growing at CAGR (Compounded Annual Growth Rate) of 10 per cent, is expected to reach $221 billion by 2021. Paytm, in a statement shared on Twitter, said its Android app is temporarily unavailable on Google's Play Store for new downloads or updates but will be back very soon. Recently in the year 2019 when Jio asked its customer to pay charges for calling, Airtel trolled Jio using #AbTohSahiChuno which went viral. However, it didn't turn out to be the case. It is headquartered in New Delhi, India and ranks amongst the top 3 mobile services providers globally in terms of subscribers. It operates on a franchise business model where majority of its businesses are operated through franchises that are spread across the world with few of its outlets being company . at paytm, you have the option of recharging and shoping from whenever, anywhere and are equipped with a secure online wallet called paytm cash. The external analysis for the Paytm Accelerating Growth through Diversification Case Study will assess and will apply the strategic models and tools to review the business environment for the company.PESTEL Analysis; 3.1.1. To help analyse these factors, we can categorise these micro - environmental factors using PESTEL model. In the PESTEL (or PESTLE) analysis framework, these external factors are opportunities or threats, which in this case influence business operations and success in the online advertising and information and communications technology and services industries. Analysis for the Test City The success of the new product category of baby ayurvedic shampoo would depend on two primary factors, the birth rate or the child population of 0-6 years of age (since they are the users of our product) and the per capita income or the average household income (since the parents would be the buyers/decision makers […] Among the unicorns Paytm is the highest valued one at $16 billion. Case Study - GCash. Overall, the cost drivers are taking a toll heavily on the revenue . Airtel India, its biggest rival has a strong presence with close to 1.2 million followers on Twitter. The platform allows the users transfer cash over the integrated wallet. Pest analysis is very important and informative. . Before buying one of these books, do your research. 2. Paytm is an electronic payment and e-commerce portal that operates from India. . 7700 Kg) in 2011-12 from 28 Million bales (approx. This section accounts for nearly 50%-70% of every financial year. They are headquartered in Delhi NCR, India. Political factors and elements can have a direct and indirect impact on the business. Marketing issues that Paytm needs to take up and resolve 6. It is easy and simple to use, even for those who have very little experience in selling or buying online. PESTLE ANALYSIS POLITICAL (i) Globalization . Safe and secure- the platform assures users that their financial details are secured and . Indian digital payments firm Paytm on Friday said its mobile app was back on Google's android store after the U.S. tech giant kept it offline for several hours, citing the SoftBank-backed company's violations of its gambling policy. Business Model Canvas of Paytm 1. The PESTLE Analysis identifies the various extrinsic circumstances that have an impact on the brand's business. PESTEL Analysis - What it Means and its 6 Factors Explained. Analysing Macro - Environmental Factors: There are many factors that will effect the strategies and decisions of managers of any organisation. -. It is a framework used to analyze and monitor the macro-environmental factor that has insightful impact on an organization's performance, particularly in the future to determine opportunities and threats. Today, there has not been a study on trails using the PESTEL lens. PEST stands for Political, Economic, Social, and Technological factors. Prima facie, the Google-owned payment firm's financials reflect a net profit of Rs 5.1 crore with a revenue of Rs 1,119 crore in FY19, growing 2.5X as compared to Rs 438.34 crore in FY18. For example an Industry may be highly profitable with a strong growth trajectory but it won't be any good for PayPal Holdings, Inc. if it is situated in unstable political environment. Hacking and Fraud threats: PayPal faces a high . Mamaearth's marketing strategy: Rule the Digital. 1) Paytm: Paytm cases to have a client base of 150 million, and you can utilize it online all alone web based business commercial centre, for energizes, or on locales, for example, BookMyShow and . The SME lending space appears to be crowded already with the likes of firms such as AyeFinance, LendingKart, NeoGrowth, etc. This model analyses the environmental factors that are not in control of the firm but have an impact on the firm. Political factors and elements can have a direct and indirect impact on the business. • Paytm means "Pay through Mobile". Paytm is the consumer brand of India's leading mobile internet company One97 Communications. Introduction Paytm is India's largest . Among the activities of the Indian finch industries, online payments have always been at the forefront. PESTEL is an acronym and the letters stand for Political, Economic, Social, Technological, Environmental and Legal.Also, this framework helps to keep track of all the changes happening in the environment. Japan, Japan, Mon, 28 Feb 2022 07:28:11 / Comserve Inc. / -- India Payment Gateway Market size, share, growth, trends, segmentation, top key players,. As claimed by paytm on its blog, the platform's FY20 revenue grew to Rs.3,629 Cr with a 40 percent fall in losses in comparison to the previous year. PESTLE or PESTEL Analysis is a tool which helps companies have a ten thousand foot view of the macro environment it is operating in. Paytm is one of the leading brands in the IT & Technology sector. With its launch in October 2004, GCASH has effectively given Globe's mobile phone subscribers access to a cashless and . Various modes of digital payments are available with a mission to PESTEL Analysis Definition. Safe and secure- the platform assures users that their financial details are secured and . Question: Kikkoman, a Japanese soy sauce manufacturer wishes to enter India. Reliance Jio faces a tough blow when it comes to Twitter. Through digital campaigns, Mamaearth . 4.5 Market Drivers. Encourages and promotes a strategic-thinking mindset and brings together owners and key employees with a common goal. SWOT analysis 5. Follow Swot analysis of Paytm 1. This obviously will be a new high for the Noida based firm, which was valued roughly at $7 billion during its last fund raising in May last year, when it raised nearly $1.4 billion from SoftBank. Environmental Analysis Environmental factors are those factors outside the control of the firm. India Smartphone Market was worth 173 Mn Units in 2020 and total revenue is expected to grow at a rate of 14 % CAGR from 2021 to 2027, reaching almost 432.89 Mn Units in 2027. Initially, it was known as PEST Analysis. Many are very short eBooks without much depth. INDUSTRY TRENDS. The Mobile Payment Services study includes a major industry sales overview, a SWOT and PESTEL analysis, a regional overview, and a profitability index for the Mobile Payment Services market. Paytm. Understanding the importance of The PESTEL Analysis of FINTECH AND FINANCE TRANSFORMATION THE RISE OF ANT FINANCIAL SERVICES . Within a small period, the company has successfully created a large pool of customer base. Operation can even be conducted through deposition of cash in selected bank accounts. Detailed SWOT Analysis of PayPal Strength 1. The table below lists the Paytm SWOT (Strengths, Weaknesses, Opportunities, Threats), top Paytm competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP). Importance of PESTEL Analysis in Strategy Management & Planning Process Strategy planning process often requires five steps - 1. Several books exist about PESTLE analysis, but not all are worth the money. PESTEL is a framework that can be used to analyze how external political, economic, social, technological, environmental, and legal factors effect trail management ("Professional Academy", 2018). For example, Paytm Building a Payments Network can combine the Porter 5 force model with PESTEL framework to determine the industry's potential future attractiveness. Environment threat and opportunity profile - It is a technique to structure the environment for fundamental business analysis. Some of the methodologies used for evaluation of the industry include SWOT analysis and Porter's five force analysis along with PESTEL analysis. MACRO-ENVIRONMENT ANALYSIS (PESTEL) The macro-environment is analysed by using PESTEL Analysis. 7 INDEX S.NO TOPIC PG N.O 1 INTRODUCTION 9 2 COMPANEY PROFILE 10-12 3 RESEARCH METADOLOGY 13 4 OBJECTIVE 14 5 MARKETING STRATIGY OF 15-16 BOOKMYSHOW 6 4 Ps 17-18 6 DATA ANALYSIS 19-27 7 FINDINGS 28 8 RECOMMENDATION 29 9 CONCLUSION 30 10 BIBLIOGRAPHY 33 8 INTRODUCTION In the pre-internet era, film price tickets were at first sold at the ticket . We will write a custom Report on Strategic Analysis of McDonald's Corporation specifically for you for only $16.05 $11/page. Globe a leading telecommunication company in the Philippines launched Gcash, their m-commerce service, which transformed a mobile phone into a wallet. Threats in the SWOT ANALYSIS OF PAYPAL : Stringent economic policies: In countries such as China, Japan and Taiwan there are strict economic policies which constraintsitself to set up in such countries.. Competition: PayPal has to face major global competition from platforms such as WePay, Google Wallet etc. Basic details about OLA Cabs: Ola cabs were introduced in the market in the year 2010 in Mumbai. 1.3 Digital Payment Methods in Cashless India "Digital India" is a flagship programme of India Government with a vision to transform India into a digitally empowered society and knowledge economy. Answer: Question Solutions are ready and you can buy complete answer at discounted rate or only this question. Production of Raw cotton grew to 35.3 million bales (approx. PESTEL Analysis Definition. PESTLE analysis is used to highlight the effects of external forces on a business. Political. 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