Ijm 11 12 100
Ijm 11 12 100
Ijm 11 12 100
Volume 11, Issue 12, December 2020, pp.1095-1110, Article ID: IJM_11_12_100
Available online at http://iaeme.com/Home/issue/IJM?Volume=11&Issue=12
ISSN Print: 0976-6502 and ISSN Online: 0976-6510
DOI: 10.34218/IJM.11.12.2020.100
ABSTRACT
Women Entrepreneur is a single woman or group of women, who involves in the
activity of planning, initiating, organizing, and adopting Business enterprise.
In today’s World, most of the women are preferred to be Entrepreneur than instead
of being Home Maker. On account of Economic globalization, Women Entrepreneurs
are getting faster popularity and huge recognition in the World.
As today economy is changing and everybody is moving to Online Business, Online
Platforms helps Women with an idea of Minimum Investment-Maximum Profit and leads
to grow their business from Anywhere, Any time and at Any cost.
This research study reveals the successful women Entrepreneurs in Online Business,
motive factors that encourages Women to start online business, and problems faced by
Women entrepreneurs in online business.
Key words: Women Entrepreneur, Online Business.
Cite this Article: G.Lakshmi Priya and S.Smilee Bose, A Study on Online Women
Entrepreneur, International Journal of Management, 11(12), 2020, pp. 1095-1110.
http://iaeme.com/Home/issue/IJM?Volume=11&Issue=12
1. INTRODUCTION
In Today’s World, Entrepreneur plays a key role in the World’s Economy. An Entrepreneur is
the person who starts a new business with bearing high risks and profitable returns.
In Modern days, Online business is becoming a powerful tool for gender empowerment.
The customs and habits of men and women entrepreneur are different in their age, personality,
motivation, and type of business they started. Women Entrepreneurs are goal oriented,
independent, flexible, tolerant, creative, realistic, enthusiastic and energetic in their
management style.
Women are Born Managers as they can manage their entire home. They have the skill of
balancing both business as well household responsibilities. Favourable Economic Policies
along with rapid advent of digital technologies like social media, Big data, mobile computing
etc. has influenced Women Entrepreneurs. During the last two decades, large number of women
are opting online business like clothes selling, food services, accessories selling, tutoring,
marketing, personal care services etc. women are starting their own ventures with their own
finance i.e Self-employment with the help of internet.
This paper discuss the present and future of Women Entrepreneurs in online business.
2. REVIEW OF LITERATURE
According to Granovetter (1973), social networks are critically important to the entrepreneurial
process and are central to business venture success. Terrence C. Sebora , Sang M.Lee
&NittanaSukasame focused on the relationships between entrepreneurial characteristics
(achievement orientation, risk taking propensity, locus of control, and networking), e-service
business factors (reliability, responsiveness, ease of use, and self-service), governmental
support, and the success of e-commerce entrepreneurs.
Mellita, D. &Cholil, W. (2012) described the aspects and role of e-commerce for gender
empowerment in developing countries. Empowering women through ecommerce need training
for the entrepreneurs, gender analysis, planning, designing, implementation and monitoring
assessment and paying attention effect on women’s live and their conditions.
Sarup and Sons Publishers.M. Jan and N. Shar (2008) in “Entrepreneurship and Women
Empowerment”, have represented the various economic opportunities for women, developing
their entrepreneurial skills, empowering them through the cooperative sector of the economy
along with presenting ways to improve their socio-economic status. In different research paper
authors represent potential opportunities associated with development of women
entrepreneurship which provide economic upliftment. E-commerce is the sector where women
can utilize their capabilities with total freedom.
4. RESEARCH METHODOLOGY
This study is based on both Primary data and Secondary data. Primary data are collected using
Questionnaire. Secondary data are collected through Journals, Websites, and Published articles
related to this topic.
4.3 Variables
4.3.1 Dependent Variables
Motive factors that encourages Women Entrepreneurs in doing online business
Problems faced by Women Entrepreneurs in online business
Table 1
WOMEN POSITION ORGANISATION
ENTREPRENEUR
Suchita Salwan Founder & CEO Little Black Book is a online
platform for eating, shopping &
experiences. The Company's
mission is to connect users to
local businesses, through
community generated
information and
products/experiences
marketplace.
Some others like Jaya Jha, Kanika Tekriwal, kavitha Iyer, Lisa Srao, Neha Motwani, Neha
Behani, Neeru Sharma, Neetu Bhatia, Pallavi Gupta, Pankhuri Shrivatsa.
8. AGE
As age has an effect on development of entrepreneurship, the age of women entrepreneur which
has been collected through questionnaire is presented in table 2
20-30
30-40
40-50
above 50
9. MARITAL STATUS
Marital status plays an important role for women entrepreneurs in starting their own online
business. The information regarding marital status of women entrepreneurs in online business
which has been collected through questionnaire is presented in table 3
Unmarried
Married
High School
UG
PG
Others
From the table 4 and figure 3, represents that majority of respondents are highly educated
in Under Graduate and Post Graduate than in high school. Thus respondents has a good
knowledge of facilities in online business.
Source: Primary
0-1 year
1-2 years
2-3 Years
above 3 years
By analysing the above table 7, it can be seen clearly that freedom and flexibility is the main
reason for the women to start online business. Next strong is that they have family support
followed by business knowledge, less time consuming , easy global reach and absence of
physical space. Less favourable reasons are they have good profit, small investment and easy
in handling online business.
Hypothesis
H0 : There is no significant difference between Education Qualification with Motive factors that
encourage online women entrepreneur
H1 : There is significant difference between Education Qualification with Motive factors that
encourage online women entrepreneur
Table 8
Education Motive factors that encourage women Entrepreneur
Qualificati Freedo Famil Busines Time Small No Easy Goo Easy to Total
on m and y s savin investme need to d reach
flexibili suppo knowle g nt of handl profi global
ty rt dge physic e t custom
al ers
space
High 1 1 2
school
Under 4 4 2 1 1 1 13
graduate
Post 2 1 1 1 3 1 1 10
graduate
Others 2 1 1 1 5
Total 8 4 3 3 2 3 2 2 3 30
Number of Observation (N) =30
Total of all Observations (T)= 30
Correction Factor (T2/N)=302 /30= 30
Total Sum of Square (SST) = 66-30= 36
Column Sum of Square (SSC)= 32-30= 2
Row Sum of Square (SSR)= 33.111-30= 3.111
Interpretation
In the first case calculated value of F (6.8644) > the table value of F (3.17)
In the second case calculated value of F (1.6548) < the table value of F (8.67)
Therefore H0 is Rejected
Hence there is significant difference between Education Qualification with Motive factors
that encourage online women entrepreneur.
Table 11
Age Problems faced by women entrepreneurs
group Financ Hiri competit Identifyi Netw Secur Hand Tim Unkno mar to
(in ial ng ors ng and ork ity ling e wn keti ta
years) shorta righ prospect probl threat latest man custom ng l
ge t ing em tecnol age ers
peo custome ogy men
ple rs t
20-30 3 1 5 2 4 4 4 4 2
7
30-40 1 1 2
40-50 1 1
Total 3 1 5 2 4 1 2 4 4 4 3
0
Number of Observation (N) =30
Total of all Observations (T) = 30
Correction Factor (T2/N) =302/30= 30
Total Sum of Square (SST) = 106 - 30= 76
Column Sum of Square (SSC) = 36-30= 6
Row Sum of Square (SSR) = 73.4-30 = 43.4
Sum of Error (Residual) SSE = SST- SSC- SSR = 26.6
15. CONCLUSION
In the last 3 decades, contribution of women in the field of entrepreneurship has been expanding
at a considerable rate in country’s economic growth. Generally women have the capacity to
perform dual role by taking care of household activities as well as they can built their career
with the help of E-Commerce.
In olden days, women became entrepreneurs due to push factors like poverty, Husband’s
death, illness, need of additional income etc. but today in Online networked environment
women started their ventures because of Innovation, passion, achievement and risk taking
ability. The main reason for choosing online market place is minimum investment, ease of work
from home and global reach.
With the advantage of E-Commerce today, large number of women have become financially
independent by selling products online and has freedom from the comfort of their homes.
Women are selling products in online in the areas of business like clothing, catering, teaching,
marketing, tourism and travelling etc.
Based on the results analysed from the respondents, the main motive factor that encourage
women entrepreneur in online business is ”Freedom and Flexibility”. From this paper by
rejecting null hypothesis (H0) ‘ There is no significant difference between Education
Qualification with motive factors that encourage Online women entrepreneur. It is concluded
that there is significant difference between Education Qualification with motive factors that
encourage Online women entrepreneur.
Though there are many factors that encourage women entrepreneurs, still they are facing
some problems in selling products through online. Therefore some efforts has to be made to
solve their problems by conducting workshops, and training programmes in various marketing
process, delivery process, packaging and labelling , and after sales services.
After completing the results of analysis and findings, the study found that the main problem
faced by women entrepreneur in online business is “Competitors”. From this paper by rejecting
null hypothesis (H0 ) ‘ There is no significant difference between age group with problems faced
by Online women entrepreneur. It is concluded that there is significant difference between age
group with problems faced by Online women entrepreneur.
16. SUGGESTIONS
• The family members of women entrepreneurs has to offer help and support in their
domestic work so that women entrepreneurs can develop their career and achieve their
success.
• Women entrepreneurs must have updated knowledge in technology and aware of
fraudulent activities in online business.
• The role of Educational institutions and financial institutions is necessary for women
participation in Small and Medium Enterprise (MSME).
• Women entrepreneurs has to eliminate negative people around them.
• Self-confidence and self-believe is the key of every successful women entrepreneurs
which in turn creates ideas into opportunities.
•Getting continuous feedback from customer helps women entrepreneur to analyse their
Strength, Weakness, Opportunities and Threats (SWOT) leads to expansion Business in
online.
• NGO’s and Government should empower women by providing training programmes ,
creating awareness, conducting seminars and workshops and giving entrepreneurial
projects to them.
Empowerment of women entrepreneurs in online business creates employment
opportunities leads to development of country’s economy that automatically leads to
contribution in women entrepreneur’s family.
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