Uploaded on Nov 5, 2020
PPT on Small Towns Help Flipkart Extend Lead Over Amazon In Festive Sales Battle.
Small Towns Help Flipkart Extend Lead Over Amazon In Festive Sales Battle.
SMALL TOWNS HELP
FLIPKART EXTEND
LEAD OVER
AMAZON IN FESTIVE
SALES BATTLE
INTRODUCTION
• Walmart Inc.-owned Flipkart extended its
lead over Amazon Inc. during the first week
of online festival sales fueled by record
number of first-time buyers and sellers from
small towns.
Source: bloombergquint.com
BIG BILLION DAYS
• According to report the ‘Big Billion Days’ by
Flipkart group, including Myntra and
Flipkart.com, accounted for 68% of the
overall sales in the first week (Oct. 16-21).
• High share of tier-2 shoppers and wide
product offerings, the consulting firm said in
a report, helped the online retailer maintain
its leadership.
Source: bloombergquint.com
AMAZON
• Amazon, which hosted the ‘Great India
Festival’, could only capture about 32% of
the total gross sales during the period.
• The U.S.-based e-commerce firm, for the
first time this year, has extended the event
to a month against the usual practice of
holding up to three sales leading to the
Diwali festival.
Source: bloombergquint.com
INCREASE IN ONLINE SHOPPERS
• Online shoppers have nearly doubled over
last festive sales to 52 million this year.
• About 60% of the shoppers, or 30 million,
came from tier-2 and beyond towns.
• But that lowered the overall average order
value to Rs 5,500 from Rs 6,800.
Source: bloombergquint.com
FESTIVE SEASON
• The festive season sale is crucial for e-
commerce firms as they generate nearly a
third of their annual sales from this event.
• And the first week accounts for 60% of the
overall festival sales done.
Source: economictimes.com
TIER-2 SHOPPERS
• This year e-commerce firms are expected to
ratchet up nearly $7 billion in the overall
festive sales.
• This was the year of tier-2 shoppers and
Flipkart has been able to accelerate its
strength and garner more market share,
compared to Amazon, which is stronger in
metros.
Source: Inc42.com
NEW APP INSTALLS
• As per the report Flipkart clocked around 3.5
million new app installs this year, a 71%
jump from last festive season.
• That compares with Amazon’s 77% rise in
new app installs to nearly 2.5 million during
the period.
Source: bloombergquint.com
CASHBACK, EMIS OFFER FESTIVE
SALE PUSH FOR ‘BHARAT’
• To cater to Tier 2 and Tier 3 India or ‘Bharat’
as it is called these days, the companies
launched initiatives such as Flipkart’s no-
cost EMI for shoppers who do not have credit
cards and Amazon’s Project Udaan, under
which the company had partnered with
small stores like StoreKing and Vakrangee
where shopkeepers helps customers shop
online in rural areas.
Source: inc42.com
FASHION AND TECH RULE ON
FLIPKART, AMAZON
• The economic slowdown doesn’t seem to
have impacted consumer appetite for the
sales, particularly in the fashion category.
• The platform had thrice as many
transactions during the early access period,
as compared to last year.
Source: bloombergquint.com
CHINA AND THE US STILL LEAD
THE WAY
• While the Indian ecommerce market is
definitely booming in the festive period, the
revenue generated in India is still a fraction
of what happens on big shopping days in
China and the US.
Source: inc42.com
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