e commerce capstone project upgrad

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Capstone project, objective of the project.

ElecKart is an e-commerce firm based out of Ontario, Canada specialising in electronic products. Over the last one year, they had spent a significant amount of money on marketing. Occasionally, they had also offered big-ticket promotions (similar to the Big Billion Day). They are about to create a marketing budget for the next year, which includes spending on commercials, online campaigns, and pricing & promotion strategies. The CFO feels that the money spent over the last 12 months on marketing was not sufficiently impactful, and, that they can either cut on the budget or reallocate it optimally across marketing levers to improve the revenue response.

Imagine that you are a part of the marketing team working on budget optimisation. You need to develop a market mix model to observe the actual impact of different marketing variables over the last year. Using your understanding of the model, you have to recommend the optimal budget allocation for different marketing levers for the next year.

Jupyter Notebook 100.0%

Topic 2: Enhancing Employee Performance Through Monetary Incentives

Topic 3: outsourcing human resource in beverage and food firms, topic 4: role of e-commerce in reducing operational cost, topic 5: reducing unemployment through a co-operative movement, topic 6: an analysis of the downside of co-operative thrift and credit society, topic 7: analysis of the role of insurance companies in driving growth of smes.

Topic 10: The Significance of E-Commerce in Emerging Markets

Topic 11: public sector bank’s future in the country, topic 12: impact of covid on indian economy.

Read the full article to know more about the project Ideas & Topics in detail.

Commerce is fundamental to the success of any business. To streamline trading operations and maintain profits, the industry must focus on commerce, which deals with a lot more than just selling and buying. As the world is digitizing, eCommerce solutions are increasingly becoming common. The advent of machine learning and AI has further enhanced the effectiveness of eCommerce. While the world is moving fast, it is important to upskill ourselves to get the edge over the competitors. upGrad offers some of the best free courses for working professionals to compete in the market.

Why is Commerce important?

With the global economy projected to achieve the US$100 trillion milestone in 2022, it is not surprising that commerce has established itself as a vital stream. So, whether you are deciding on your 6th sem project topics , writing a dissertation on online shopping project topics , or compiling a “ Project topics for commerce students” pdf , you will have to consider the role of commerce in the real world.

As a society, most of our activities revolve around buying and selling goods and services. At some level, we are all economic actors. Right at this very moment, you must be reading this article on a gadget you bought from a retailer. It’s next to impossible to not depend on the market for our needs today.

In fact, as a Commerce graduate, you will have to depend on the market as a salaried employee, a business owner, or an entrepreneur. You will have to sell your services or products to buy other services and products. In some capacity, commerce will become a part of your life.

The business of buying and selling is at the heart of commerce. As a student of commerce, this view of commerce would be an over-simplification. If you were to browse articles related to commerce stream or look up commerce topics for presentation , you would come across a diversity of topics. The discipline covers a multitude of subjects beyond just buying and selling activities, such as accounting, labor relations, supply chain management, and financial markets.

Whether you are taking a micro or macro-view, trade and commerce play a role in our everyday lives as members of a household, community, nation, or the world. You might pick up a newspaper article telling you about global inflation- there is commerce involved.

Further, with globalization and the advancement of technology, world commerce has transformed. And commerce as a discipline has had to evolve with these shifts and will continue to do so. For example, online shopping project topics exploring the role of digital technology and the impact of globalization on economies is one of the more popular commerce topics for presentation .

As it directly or indirectly impacts a large section of the world population, e-commerce is a notable topic of discussion amongst graduate and post-graduate students of commerce. Working on projects to find solutions to trade-related issues, and explore operational challenges, among others is an important part of their curriculum.

Given the vast pool of trending commerce project ideas, it may be difficult to choose a topic for your project. Commerce encompasses various business domains, with trade and selling being the pertinent ones. You require deep analysis and understanding to pick a topic that serves your interests and career goals. If analytics is your forte, and if you want to hone your skills, consider pursuing our business analytics certificate designed specifically for analytics aspirants.

In this article, we have compiled a list of interesting and innovative commerce project ideas to help you with your project. Irrespective of the topic you choose for your final project, you stand to gain immense knowledge and expertise to leverage exciting career opportunities.

So let’s get started with the list!

Interesting Commerce Projects & Ideas

In any field, the end consumers are given top priority. Their choices, preferences, and demands are factors that form the basis of marketing strategies and manufacturing operations. It is evident that we are dependent on commerce to ensure this chain of processes runs smoothly.

If you are wondering what kind of commerce projects could bring you closer to your goals, here is a thought-out list of 8 projects that will not just familiarize you with the existing problems in commerce but also provide solutions. Furthermore, they will be a glowing addition to your resume and increase your chances of success in this all-encompassing field of commerce. To increase your resume weightage, doing a business-related course would be beneficial. For example, our business analytics certificate has 100+ hours of learning with case studies and live sessions aids you positive career growth.

Topic 1: Impact of Outsourcing Material Availability Decision-Making

Objective : To determine the criteria used while deciding to outsource material availability along with strategizing the outsourcing process.

Outsourcing is a beneficial practice but at the same time, it poses a variety of challenges. Every industry seeks low labour cost, however, numerous other aspects require attention when outsourcing.

Although outsourcing is done at various levels, if you have a clear set of goals and strategies, more often than not, it will prove to be advantageous. It is important to understand that the performance of a company and its outsourced aspects do not have a connection because it does not impact the material availability directly.

Usually, two challenges are seen: the first one being, the time challenge, where the production process is slowed down due to unavailability of material and the second, more pressing financial challenge. Through this project, you can find solutions to both challenges.

Impacts of outsourcing-

Benefits of outsourcing-

Also read, Career options in science after graduation

Objective : To perceive the relationship between monetary incentive and employee performance.

It is observed that bonuses ate fixed according to the employee’s performance, however, hard work being intangible is not considered. Therefore, it can be deduced that monetary incentives are independent of the performance, since the bonus and allowances are fixed according to a specific performance parameter. Moreover, the failure of a company’s promise to release the bonus on time also leads to dissatisfaction and demotivation among its employees.

On the other hand, companies can attain their target by quoting the performance bonus in advance, thereby, stimulating employees to perform more efficiently and proactively. This project will help you comprehend how effective monetary incentives are imperative to employee satisfaction and alleviating the attrition rate in the company.

Why are monetary incentives necessary?

Types of monetary incentives-

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Objective : To evaluate how e-commerce aids the reduction of functional costs by making a comparative analysis.

This project emphasizes the benefits of eCommerce in today’s world. It is clear from the recent pandemic as well that electronic transactions have grown exponentially. An organization that will operate through a physical office will have significant costs to bear as compared to organizations that can function remotely.

These costs include logistics, administration, salesperson salary, the lease on storefront, electricity, telephone, heating/cooling, taxes, displays, repairs and maintenance of the building. On the contrary, for a virtual office, the entailing costs include web hosting charges, shopping cart software, and distribution rates.

This accounts for much less than the expense involved with physical offices. Both functional and operational costs are affected by eCommerce. Furthermore, e-commerce also has many other unmatched benefits when compared with offline commerce methods.

Benefits of reduced cost in e-commerce:

Ways to reduce cost in e-commerce:

Objective : To establish a co-operative movement in a working society and analyze its benefits on society members. It also evaluates various aspects of the co-operative movement that provide support to team members.

This project helps us gain an understanding of the benefits of a co-operative movement in reducing unemployment. The analysis concludes that co-operative movements support employees and their well-being in terms of education and growth, thus, every organization must adopt one.

Also Read: Top 10 Highest Paying Jobs in Commerce Field

Objective : To shine a light on the futility of establishing a co-operative and credit society.

This kind of society is set up in organizations to help employees save a certain percentage of their salaries. These savings will support them after their retirement and can be used as an investment. However, it is noticed that such a society does not form a consensus as the goals are not attained. With a disparity in the financials and personal contexts, this society has not been able to satisfy its members.

This is due to poor inspection, and the irresponsible attitudes of authoritative people that have marred the interests of its members. Another important aspect that this project highlight is that when members take a loan from a credit society, they are often not in a position to return it, indicating a loss of money. The bad debts increase and the vested member’s interest is exploited unfairly.

Types of unemployment-

Benefits of Reducing Unemployment Through a Co-Operative Movement-

Checkout: Career Options for Commerce Students

Objective : To understand the relationship between SMEs and insurance companies. The project also aims to understand how insurance companies contribute to the growth of SMEs. This involves studying factors that are responsible for growth and failure alike. One major aspect that this project covers is the reason that SMEs do not get their businesses insured.

This project highlights what SMEs are and how l insurance companies can prevent them from being shut down. SMEs are small and medium scale enterprises with about 5 to 10 employees in a small SME and a maximum of 50 to 100 employees in a medium-scale enterprise.

SMEs are vital for the growth of the economy as they are independent and can generate effective revenue, contributing to the country’s GDP. It is recommended that these SMEs must get business insurance. However, with the lack of awareness of insurance of businesses, most small to medium enterprises fail to function beyond two years.

The lack of sustenance due to a blend of financial difficulties and departmental challenges is the cause of the shutdown. Therefore, insurance can step this up. If the employees feel secure, they will be motivated to work irrespective of the un-segregated organizational structure of the SMEs. The resolution for running SMEs for the long term is insurance.

Benefits of Insurance Companies in Driving Growth of SMEs-

Topic 8: Implications of Globalization on National Security

Objective : To examine the frequency of transnational threats and the method by which the security is breached. Furthermore, it highlights the effects of globalisation on increased national security.

A deep analysis of this project highlights two aspects of globalization. Firstly, where there is an increased threat due to breach of security, a significant increase in business is noticed. The to and fro of trade and ease of communication, facilitated by transportation are anticipated as threats to National Security.

At the same time, this has also elevated the business to a large extent. It causes businesses to amp their security measures and streamline their services. When the pros and cons are weighed, globalization has proved to be beneficial for most sectors.

It has also brought an upsurge in the National Income of many underdeveloped countries. Secondly, globalization has also brought about a lot of awareness, stimulating consumers to buy needful products. The positive impacts on the national income of a country have significantly increased.

Impacts of globalisation on national security-

Topic 9: Exploring the Significance of Commerce in Today’s World

Objective: To understand the various benefits of commerce.

The project highlights the following aspects:

Impacts of commerce-

Objective : To explore the benefits of e-commerce, upcoming trends, and provide solutions to existing challenges.

Needless to mention, the significance of the internet and its usage in today’s world is skyrocketing. The increasing usage of mobile devices has enabled customers to purchase anything from anywhere. Evidently, the future of commerce is headed online. As e-commerce is replacing other traditional commerce models to provide seamless services and consumer experience, there has been a significant reduction in operational costs. If customers are willing to bear the shipping and other costs, even cross-border shopping is possible through e-commerce.

This platform allows users to conduct a comparative analysis and purchase an item at the best available price. This doesn’t just inculcate awareness and transparency but also inculcates a sense of achievement among the consumers when they save a penny. The clarity in communication between portals and customers further streamlines the process.

Apart from the listed benefits, it also involves some threats. These threats usually involve a breach of customer trust and a volatile economy. The failure of e-commerce business is rare, but not absent. It also reflects on the reliability of a platform when cross-border trading is undertaken. Prioritizing customer satisfaction is the key to the success of an eCommerce business.

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Upcoming trends in eCommerce will pave the path for successful business ventures and economic development. As more and ML more businesses adopt AI-driven technologies, augmented reality, and speech recognition techniques in enhancing customer experience, there will be a shift towards personalised solutions which is mostly possible thrift eCommerce. Ecommerce has an integral role to play in helping businesses enhance reach and scalability.

Benefits of E-Commerce

The public sector banks are a pivotal part of the economy. They help in mobilising the scattered and small savings of the people. Thus adding to the economic growth. They also play a role of credit intermediation, settlement of payments and netting.

Benefits of Public Sector Banks-

The GDP shrank a lot during the Covid. The economy reached to its lowest. Every sector saw the impacts of Covid. The economy growth slowed down and its impacts are seen even today.

Some of the impacts are

The students can take the approach of finding the causes behind the negative impacts of Covid on Indian Economy.

Checkout: Top Career Options After B.Com

Additional Commerce Project Topics

Just as world commerce combines and impacts different aspects of life, so should your commerce topics for presentation . Whether you use this list of project ideas or other project topics for commerce students pdf to decide your publication subject or your 6th sem project topics , engage with the significance of commerce. As a commerce student, you can provide an analysis of the smallest denominator to significant world events that are not accessible to the layman.

With a country’s economic and cultural development hinging on commerce, it is one of the most sought-after fields today. As a skilled commerce professional, you can devise focused strategies to drive conversions and sales. You can also develop profitable relationships with manufacturers and enhance the customer experience. This also involves retailers and wholesalers, who directly deal with the consumers.

Therefore, professionals in commerce are required to up-skill themselves to gain a comprehensive understanding of how commerce deals with problems. This is possible through experience gleaned from solving real-life problems which can be sought from working on commerce projects. Commerce involves a lot of moving parts which demands that you possess strong leadership skills, communication skills, problem-solving abilities, strategizing skills, and analytical decision-making abilities.

The listed commerce project topics in this article will help you enhance your job-relevant skills which can serve as catalysts to landing your preferred job. When you select one of these topics, you are exercising the decision making skill, which is an efficacious commerce skill! So, we wish you the best of luck!

If you would like to learn more about commerce, we are here to help you at upGrad .

After completing your bachelor’s, you can pursue higher studies and get more specialized roles. As commerce with maths student, you can get an MBA in Finance to get lucrative positions in the finance sector. On the other hand, you can take a digital marketing course from MICA and become a marketing expert. It would allow you to pursue digital marketing careers.

To learn more about digital marketing courses and get hands-on experience, you can check out at upGrad.

MBA or CA, which is tougher?

Chartered Accountancy has a higher degree of difficulty than a Master of Business Administration program. There are four levels in the CA course – Common Proficiency Test (CPT), IPCC or IPCE, articleship of 3 years with any CA firm and then the finals. A full-time MBA program is of 2 years duration, segmented into semesters and exams by the institute or university. A CA course is generally lengthier since it takes at least four or five years to complete the entire program. However, MBA is recognized by organizations in India and across the world, whereas CA is recognized in India and a handful of Middle Eastern nations.

Why is CA the toughest course?

The Chartered Accountancy course is very well known for being extremely tough. So many people often wonder what makes it so difficult. Those who have experience say that every step in the CA course is a challenge, right from CA Foundation to the finals. The most challenging aspect of CA is its massive syllabus, and aspirants have to acquire in-depth knowledge of each subject. Also, the duration is short compared to the vastness of the syllabus. The course is designed to be for 4 to 5 years. But owing to the nature of this course, it does not matter how long it takes to complete the entire course.

Can a Commerce student join BSc in IT course after class 12?

Many commerce students aspire to study a course related to information technology for their graduation. Yes, those who have studied commerce in their senior secondary level at school can go for a BSc in IT. This degree is entirely different from an engineering degree and is of a duration of 3 years. Though BSc in IT is a science stream and most universities mandate science students as eligible, some colleges are allowing commerce students to enrol too due to the extreme demand. It is essential to check the eligibility criteria for commerce students before applying.

Many commerce students aspire to study a course related to information technology for their graduation. Yes, those who have studied commerce in their senior secondary level at school can go for a BSc in IT. This degree is entirely different from an engineering degree and is of a duration of 3 years. Though BSc in IT is a science stream and most universities mandate science students as eligible, some colleges are allowing commerce students to enroll too due to the extreme demand. It is essential to check the eligibility criteria for commerce students before applying.

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This course is part of the IBM Data Engineering Professional Certificate

Data Engineering Capstone Project

Financial aid available

About this Course

In this course you will apply a variety of data engineering skills and techniques you have learned as part of the previous courses in the IBM Data Engineering Professional Certificate. You will assume the role of a Junior Data Engineer who has recently joined the organization and be presented with a real-world use case that requires a data engineering solution.

Computer and IT literacy.

Could your company benefit from training employees on in-demand skills?

What you will learn

Demonstrate proficiency in skills required for an entry-level data engineering role.

Design and implement various concepts and components in the data engineering lifecycle such as data repositories.

Showcase working knowledge with relational databases, NoSQL data stores, big data engines, data warehouses, and data pipelines.

Apply skills in Linux shell scripting, SQL, and Python programming languages to Data Engineering problems.

Skills you will gain

Instructors

Ramesh Sannareddy

IBM Skills Network

IBM is the global leader in business transformation through an open hybrid cloud platform and AI, serving clients in more than 170 countries around the world. Today 47 of the Fortune 50 Companies rely on the IBM Cloud to run their business, and IBM Watson enterprise AI is hard at work in more than 30,000 engagements. IBM is also one of the world’s most vital corporate research organizations, with 28 consecutive years of patent leadership. Above all, guided by principles for trust and transparency and support for a more inclusive society, IBM is committed to being a responsible technology innovator and a force for good in the world.

For more information about IBM visit: www.ibm.com

See how employees at top companies are mastering in-demand skills

Syllabus - What you will learn from this course

Data platform architecture and oltp database.

In this module, you will design a data platform that uses MySQL as an OLTP database. You will be using MySQL to store the OLTP data.

Querying Data in NoSQL Databases

In this module, you will design a data platform that uses MongoDB as a NoSQL database. You will use MongoDB to store the e-commerce catalog data.

Build a Data Warehouse

In this module you will design and implement a data warehouse and you will then generate reports from the data in the data warehouse.

Data Analytics

In this module, you will assume the role of a data engineer at an e-commerce company. Your company has finished setting up a data warehouse. Now you are assigned the responsibility to design a reporting dashboard that reflects the key metrics of the business.

ETL & Data Pipelines

In this module, you will use the given python script to perform various ETL operations that move data from RDBMS to NoSQL, NoSQL to RDBMS, and from RDBMS, NoSQL to the data warehouse. You will write a pipeline that analyzes the web server log file, extracts the required lines and fields, transforms and loads data.

Big Data Analytics with Spark

In this module, you will use the data from a webserver to analyse search terms. You will then load a pretrained sales forecasting model and predict the sales forecast for a future year.

Final Submission and Peer Review

In this final module you will complete your submission of screenshots from the hands-on labs for your peers to review. Once you have completed your submission you will then review the submission of one of your peers and grade their submission.

About the IBM Data Engineering Professional Certificate

This Professional Certificate is for anyone who wants to develop job-ready skills, tools, and a portfolio for an entry-level data engineer position. Throughout the self-paced online courses, you will immerse yourself in the role of a data engineer and acquire the essential skills you need to work with a range of tools and databases to design, deploy, and manage structured and unstructured data.

By the end of this Professional Certificate, you will be able to explain and perform the key tasks required in a data engineering role. You will use the Python programming language and Linux/UNIX shell scripts to extract, transform and load (ETL) data. You will work with Relational Databases (RDBMS) and query data using SQL statements. You will use NoSQL databases and unstructured data. You will be introduced to Big Data and work with Big Data engines like Hadoop and Spark. You will gain experience with creating Data Warehouses and utilize Business Intelligence tools to analyze and extract insights. This program does not require any prior data engineering, or programming experience. This program is ACE® recommended—when you complete, you can earn up to 12 college credits.

Frequently Asked Questions

When will I have access to the lectures and assignments?

Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:

The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.

The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

What will I get if I subscribe to this Certificate?

When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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The War of China's E-commerce

Logistics War

Course work

My project will contain three aspects of development of ecommerce in China: online retail platform, logistics, and payment method.

Online retail platform will be the main part of my research. I am gonging to talk about how companies like alibaba, China’s Amazon, developed during the last ten years, and how it affected our daily life.

Logistics is essential to the ecommerce. China is a really big country. The infrastructure in China is no match to America. The delivery of the item from online store was really slow five years ago. Now, the speed increased dramatically. I want to talk about how the Logistics developed during the past several years.

Payment method guarantees that customer is safe to shop online. Customers do not need to worry about the retailers will not shipped out the items once customers pay it online. China’s companies just copied what PayPal did in America.

I will connect to the research to my real experience. Everything listed above change our life during the last five years.

Feb 1st to Feb 15th: do research on my project. Read the books that record the development of China’s ecommerce, and find some documentary films.

Feb 15th to Feb 28th: write the draft of my project, and design the structure of all the things I want to talk about.

March 1st to March 15: compose all the writings of my projects.

March 15 to March 30: review all the writings, and rewrite some of the writings.

Structure：

History of the online shopping website:

a) The first online shopping website in China: www.8848.com

b) The development of Alibaba

c) The competition between EBay and Alibaba in China

d) The market for O2O

e) Some other companies grow with the market expansion:

i. www.JD.com

ii. http://www.yhd.com/

iii. www.meituan.com

iv. ….

The development of logistics

a) The changes of deliver speed over the last decade

b) The traditional logistics companies

c) The startup logistics companies that develop with the ecommerce of China

i. the list below is the list of all sub companies alibaba owns

ii. Investment company

e) JD

The payment method and security issues

a) The e-payment

b) The evolution of traditional bank

c) Alipay

d) Tenpay

e) Baifubao

2 . Mengya Wang

You really have a through plan about the capstone and your idea of the project is great which inspired me a lot!

02/06/15, 02:17 pm

1 . Haijiang Zhang

You have a clear plan for what you want to do. Your schedule looks great, continue working!

02/06/15, 01:38 pm

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