Last Updated:
Shopping gamers have actually taped complete sales of around Rs 1 lakh crore (regarding $11.9 billion) throughout the cheery month finished recently.
Some Flipkart vendors saw a 40-50 percent year-on-year development this period, while Amazon’s 85 percent of consumers were from non-metro cities.
Shopping gamers have actually taped complete sales of around Rs 1 lakh crore (regarding $11.9 billion) throughout the cheery month finished recently. This mored than 23 percent dive as compared to in 2015’s cheery sales of Rs 81,000 crore, according to an ET record mentioning ecommerce working as a consultant Datum Intelligence.
Demand from non-metro customers and enhanced acquisitions of high-end brand names improved purchases, according to the record.
In the year 2022, the cheery period taped a complete ecommerce sales of Rs 69,800 crore.
According to Datum, throughout the most recent cheery period of 2024, over half of the Rs 1 lakh crore need was signed up in the very first week. Goods worth Rs 55,000 ($ 6.5 billion) were offered throughout Flipkart’s Big Billion Days and Amazon’s Great Indian Festival, which began on September 26.
The sales slowed down in the 3rd week prior to once again getting speed, it included.
Some Flipkart vendors saw a 40-50 percent year-on-year development this period, while Amazon’s 85 percent of consumers were from non-metro cities.
“There was enhanced need from rate II-III and past, mirrored throughout groups consisting of mobile phones, television, devices and style,” said Satish Meena, adviser at Datum Intelligence, according to ET.
Smartphones, grocery, beauty and personal care products, as well as home and kitchen, made up a significant portion of sales, according to the ET report citing industry executives.
About 65 per cent of smartphone sales this season took place online.
Apart from this, during the latest festive season, the auto sector also witnessed huge sales in October, with Mahindra and Mahindra posting its highest monthly sales ever with 96,648 units, marking a 20 per cent year-on- year increase.
Bajaj Auto reported a 2 per cent increase in total vehicle sales, including commercial vehicles and exports, at 4,79,707 units in October this year, from 4,71,188 units in the same month of 2023.
Ola Electric Mobility Ltd reported a 74 per cent rise in vehicle registrations at 41,605 units in October 2024 as compared to the same month last year. The company sold over 50,000 units in October 2024, Ola Electric said in a statement.
