Amazon's Great Indian Festival 2025 starts today for Prime members and tomorrow for others, while Flipkart's sale goes live tomorrow, offering deals on electronics, laptops, TVs, and more
From September 26 to 28, online retailers experienced approximately a 26 per cent increase in sales compared to the previous year, amounting to around Rs 26,500 crore
Flipkart recorded 330 mn user visits during Early Access and Day 1 combined, during The Big Billion Days (TBBD) 2024 sale event. Another e-commerce firm Meesho said it achieved 100 per cent increase
India's festive season, which stretches from Onam to Diwali and includes Navratri, Durga Puja, and Dussehra, is the country's largest consumption period, contributing to 20-30% of annual sales
The festive season - which begins on August 19 with Raksha Bandhan through to Christmas and the New Year - is likely to see a boost in consumer spending, leading to a surge in temporary hires
The growth of e-commerce during the sale period was supported by attractive deals and nationwide marketing campaigns done by leading marketplaces, the report said
This is 18-20 per cent higher than last year and will be driven by about 140 million shoppers who are expected to be transacting online at least once during this festive month
This comes on the back of tie-ups between e-commerce companies and Indian Railways, and expansion of fulfillment centres which has enabled increased storage and quicker deliveries
The ramp-up includes the addition of over 6,300 personnel to fulfil demand across first- and mid-mile delivery and 3,000 personnel to cater to last-mile delivery
The massive growth in festive sales will further push the overall online retail GMV (gross merchandise value), which stood at $52 billion in 2021, to grow by 30 per cent to reach $68 billion in 2022
Planning your expenses and comparing offers is a good way to start; use your plastic wisely and don't buy every claim the manufacturer tries to sell you
Amazon's Great Indian Festival starts from October 17. Prime members will get early access starting tomorrow, October 16. Flipkart's Big Billion Days' sale starts from October 16-21