Snapdeal gets 50 per cent of sales through apps, mobile portal

Image
Press Trust of India New Delhi
Last Updated : Apr 30 2014 | 9:15 PM IST
Domestic e-commerce major Snapdeal now gets about 50 per cent of its sales through its mobile platform as an increasing number of shoppers place orders using their smartphones.
The New Delhi-based firm has seen a 25-fold growth in mobile-based transactions from a year ago.
"With increasing consumption of data on mobile phones, we think that the next wave of digital commerce customers will come from this medium," Snapdeal Vice President (Product Management) Ankit Khanna said.
"Our endeavour has been to provide customers with a seamless shopping experience, whether they are shopping through the web or through their mobile phones," Khanna said.
The ability to build browser and device-specific experience as well as enhanced features aimed at better user experience on mobile platforms have played a key role in driving this growth, he added.
Fashion and home-related products are the most popular among buyers transacting over mobile phones.
In October, Snapdeal had said 30 per cent of the orders on its portal were placed using mobile phones, a trend that had grown about 10 times in the preceding 12 months.
About 45 per cent of the transactions on mobile phones come through native Snapdeal applications, while the remainder were made on the company's mobile portal.
The average ticket size of orders placed through mobile apps was higher than those placed through the mobile site.
Android was the popular platform with 80 per cent transactions happening over the operating system, followed by iOS at 20 per cent.
Launched in February 2010, Snapdeal has about 30,000 sellers on board. It claims to have over 25 million members who can buy products across more than 500 product categories.
Snapdeal is backed by investors eBay, Intel Capital, Bessemer Venture Partners, Nexus Venture Partners and IndoUS Venture Partners.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 30 2014 | 9:15 PM IST

Next Story