Amazon Great Indian Festival Sale 2024 is now LIVE for Prime members. From exclusive deals on gadgets to more; Prime members can enjoy early access to top discounts and offers
Analysts believe market share gains by Reliance Jio and Bharti Airtel will continue
Amazon India is making significant investments and scaling up its operations network as it prepares to serve millions of customers throughout India during the upcoming festive season
E-commerce major Amazon India has launched a new generative AI-powered conversational shopping assistant, Rufus, ahead of the start of its festive sale event. Rufus enables natural language interactions within the Amazon app, making it easy to ask product-related questions, get recommendations, or compare products, the company said. "Whether typing or speaking, customers can now enjoy a more intuitive shopping experience, further enhanced by AI-powered tools like personalised recommendations and Alexa for seamless shopping assistance," Saurabh Srivastava, Vice President, Categories, Amazon India said. It has also introduced AI-Generated Review Highlights, which make use of Generative AI to provide concise summaries of customer reviews. This feature gives customers quick insights into product sentiment and key attributes, allowing them to make more informed decisions with ease. It also helps customers navigate specific product attributes, such as 'ease of use' by tapping on relevan
Flipkart has launched 11 new fulfilment centres (FCs) across nine cities in the run-up to TBBD, bringing the total number of FCs in India to 83
"We are equipping them with valuable insights and strategies to thrive in the 11th edition of The Big Billion Days," said Sakait Chaudhary, business head - Marketplace, Flipkart
With festive season approaching, sectors like automobiles, FMCG, and electronics usually see a sales boost
The company had, earlier this year, launched its own logistics service, Valmo, but also relies on 3PL providers such as Delhivery, Ecom Express, Shadowfax, and Xpressbees to fulfil deliveries
This comes at a time when e-commerce and quick commerce companies are expanding their supply chain infrastructure ahead of the festival season
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
Maruti Suzuki reported a nearly 3.9 per cent decline in sales for August 2024, with 181,782 units sold compared to 189,082 units in August 2023
Amazon India on Saturday announced an up to 12 per cent reduction in selling fees across multiple product categories on the marketplace ahead of the festive season. The reductions in fees, which is effective from September 9, will enable sellers to expand their product portfolio on the platform besides providing a boost to growth, Amazon India said. "With the changes, sellers on Amazon India will benefit from a drop in selling fees, ranging from 3-12 per cent, across various product categories", the company said. The new rate card will particularly benefit sellers offering products priced below Rs 500, it said. "At Amazon, we are invested in supporting businesses of all sizes, from small and medium businesses to emerging entrepreneurs to established brands. The fee reduction is directly in response to feedback from our sellers, especially small businesses," Amit Nanda, Director Selling Partner Services at Amazon India, said. While the timing of the fee cuts aligns with the festi
In the April-June quarter, Blue Star's revenue from electro-mechanical projects, commercial air conditioning systems, services and international business grew by 9.5 per cent
The premiumisation trend was visible among all key categories like televisions, refrigerators, and washing machines
December is usually marked with weaker sales as customers tend to wait for the new year to get the newest cars with the changed model year
Robust demand from Tier-III and Tier-V towns spurs growth
Taurani added that the festival season also reversed the post-Covid slowdown that the small appliances market was witnessing
One out of four purchases made during the Great Indian Festival sales, which kicked off on October 8, were through EMI and three out of four products were sold on no-cost EMIs, said Amazon
Rural India accounts for 55% of total two-wheeler sales and is key for the sector
Significant growth was observed in the two-wheeler, three-wheeler, commercial vehicle and passenger vehicle segments, with a rise of 21%, 41%, 8%, and 10%, respectively