Large appliances, smartphones and consumer electronics have dominated the first leg of festive sales<\/a> on Amazon and Flipkart<\/a>, boosted by card discounts, exchange schemes and zero-interest instalment offers, top brands and company executives said. Brick-and-mortar retailers have also reported an uptick as brands have sought to keep prices similar on all channels.

The first 48 hours of Amazon's ongoing Great Indian Festival sale have seen the heaviest sales in seven years of operations in the country, a top executive told ET. Flipkart said that in two days sellers notched up as much business as they did in six days of the year-earlier sale. Brands such as Samsung, Apple and LG also reported their highest ever ecommerce sales in these two days, executives said.

“Sales have even exceeded our own pre-sales estimates both in terms of volumes and value of items sold, with 91% new customers coming from small towns,”
Amazon India<\/a> vice president Manish Tiwary told ET.

The ecommerce surge hasn’t dented sales at the brick-and-mortar chains in the first two days, which also coincided with the first weekend of Navratri that heralds the start of the almost month-long festive season in India continuing till Diwali in mid-November. The festive season accounts for 35-40% of annual revenue for most consumer companies in India.

Leading brick-and-mortar retailers such as Reliance Digital, Vijay Sales, Sangeetha Mobiles, Great Eastern Retail and Arvind Lifestyle Brands said they have seen a pickup in sales over last year in the same period.

LG India vice president Vijay Babu said the ecommerce business has doubled over last year, while offline sales have grown 20% at the country’s largest appliance maker.

Marketers are optimistic that overall festive consumption has started on a positive note despite uncertain macroeconomic factors, job losses, salary cuts and the pandemic.

The government has also announced several measures aimed at boosting consumer spending.

Sales growth this weekend has been beyond expectation, said Nilesh Gupta, director of Vijay Sales, a leading electronics chain in Mumbai, Delhi and Hyderabad.

Great Eastern Retail director Pulkit Baid said consumers are buying more high-value products this year, leading to a 5-10% jump in billing values.

\"\"
<\/span><\/figcaption><\/figure>
Ecommerce Boost<\/strong>

Affordability programmes have persuaded customers to upgrade shopping baskets and buy high-value items across segments from mobiles and laptops to home appliances and electronics, marketplaces told ET.

For instance, on Amazon alone, consumers used equated monthly instalments (EMIs) to make purchases amounting to Rs 600 crore in the first 24 hours of its early access sale for Prime Members. Amazon said three out of four EMI shoppers came from small cities. More than 350,000 phones and one out of three ACs and refrigerators were bought on instalment plans. Amazon’s anchor bank partner this year is HDFC Bank.

Flipkart said one out of every five purchases in high-ticket segments such as mobiles, furniture, large appliances and electronics was on instalments. On Flipkart, there was a 40% increase in the number of smartphones purchased and a 50% increase in product exchanges. More than 25% of appliances and electronics on the platform were purchased on EMIs.

“Using these various bank (State Bank of India) and wallet (Paytm) led offers alone, more than 4 million customers have saved Rs 3,000 million collectively,” Flipkart said in a statement.

Samsung, Apple,
Xiaomi<\/a>, OnePlus<\/a>, Asus, Lenovo<\/a>, HP, LG, Whirlpool, Bajaj Appliances and Eureka Forbes saw their biggest 48 hours on Amazon, according to Tiwary.

“All our big brands started stronger this year. High-value items did well in the first two days,” he said. The ecommerce giant saw new launches including OnePlus 8T, Samsung M31 Prime Edition,
OnePlus Nord<\/a>, Xbox Series S, Biba and Max being the most bought among over 1,100 new launches.

“(Amazon’s) Great Indian Festival has already become the biggest days for Samsung Mobiles in India,” said Asim Warsi, senior vice president, Samsung India.

Ecommerce sales over the next month or so are expected to grow to $6.5-7 billion, according to estimates by RedSeer and Forrester Research. Of the sales, about 75% will be recorded in just one week--October 15-21--according to Forrester's latest report.

Offline Continues to Grow<\/strong>

Most retailers said they expect a bigger jump in business this week with Dussehra next weekend and the novelty factor of online sales waning. Almost all leading brands have similar offline and online prices this year, providing shopping parity, said Chandu Reddy, director of Sangeetha Mobiles, southern India’s largest cellphone chain.

While offline fashion sales have taken a hit since the pandemic, retailers said this segment too has turned around since the weekend.

“With numbers picking up, we hope to see 80% of recovery this festive as per current trends,” said J Suresh, CEO at Arvind Lifestyle Brands, which runs chains such as Arrow, US Polo Assn, Calvin Klein, Tommy Hilfiger and Nautica.
<\/p><\/body>","next_sibling":[{"msid":78740697,"title":"Samsung to launch Galaxy S21 series in Jan 2021: Report","entity_type":"ARTICLE","link":"\/news\/samsung-to-launch-galaxy-s21-series-in-jan-2021-report\/78740697","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"78740077","title":"E-commerce sales","entity_type":"IMAGES","seopath":"tech\/technology\/deal-hungry-consumers-feast-on-festive-sales\/e-commerce-sales","category_name":"Deal-hungry consumers feast on festive sales","synopsis":"Illustration: Rahul Awasthi","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-1568757\/78740077.cms?width=150&height=112","link":"\/image\/tech\/technology\/deal-hungry-consumers-feast-on-festive-sales\/e-commerce-sales\/78740077"}],"msid":78740721,"entity_type":"ARTICLE","title":"Deal-hungry consumers feast on festive sales","synopsis":"The ecommerce surge hasn\u2019t dented sales at the brick-and-mortar chains in the first two days, which also coincided with the first weekend of Navratri","titleseo":"telecomnews\/deal-hungry-consumers-feast-on-festive-sales","status":"ACTIVE","authors":[{"author_name":"Aditi Shrivastava","author_link":"\/author\/479235677\/aditi-shrivastava","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479235677.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479235677,"author_name":"Aditi Shrivastava","author_seo_name":"aditi-shrivastava","designation":"Assistant Editor","agency":false}},{"author_name":"Writankar Mukherjee","author_link":"\/author\/8447\/writankar-mukherjee","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/8447.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":8447,"author_name":"Writankar Mukherjee","author_seo_name":"writankar-mukherjee","designation":"Senior Editor","agency":false}}],"analytics":{"comments":0,"views":201,"shares":0,"engagementtimems":1005000},"Alttitle":{"minfo":""},"artag":"ETtech","artdate":"2020-10-19 08:11:22","lastupd":"2020-10-19 08:12:46","breadcrumbTags":["e-commerce","online festive sales","Amazon India","Xiaomi","oneplus nord","Flipkart","festive sales","Industry","oneplus","Lenovo"],"secinfo":{"seolocation":"telecomnews\/deal-hungry-consumers-feast-on-festive-sales"}}" data-authors="[" aditi shrivastava","writankar mukherjee"]" data-category-name="" data-category_id="" data-date="2020-10-19" data-index="article_1">

店内消费者享用节日销售

的电子商务浪潮并未削弱销售实体连锁店在头两天,也恰逢Navratri的第一个周末

Shrivastava Aditi Writankar穆克吉
  • 更新2020年10月19日08:12点坚持
阅读: 100年行业专业人士
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大型电器、智能手机和消费电子产品为主的第一站节日销售在亚马逊,Flipkart公司,得益于卡折扣,交换计划和无息分期付款,顶级品牌和公司高管说。实体零售商也上升为品牌试图保持价格相似的渠道。

第一个亚马逊正在进行伟大的印度节日销售的48小时看过最重的销售在七年的运营,Flipkart公司一位高管告诉等。说两天内卖方业务,因为他们一样取得了六天的上年同期出售。品牌,如三星、苹果和LG也报道了他们在这两天的有史以来最高的电子商务销售,高管表示。

广告
“销量甚至超过了我们自己的预售估计的数量和价值的物品出售,有91%的新客户来自小城镇,“亚马逊印度副总裁Manish Tiwary告诉等。

的电子商务浪潮并未削弱销售实体连锁店在头两天,也恰逢Navratri的第一个周末,预示着几乎长达一个月的开始在印度节日期间持续到11月中旬排灯节。节日季占年收入的35 - 40%对于大多数消费品公司在印度。

等主要实体零售商依赖数字化,Vijay销售,Sangeetha手机,伟大的零售和东部Arvind生活方式品牌表示,他们已经看到一辆销售比去年同期。

LG印度副总裁Vijay先生表示,电子商务的业务比去年翻了一番,而离线销售增长20%在中国最大的家电制造商。

营销人员乐观地认为,整体节日消费已经开始积极的注意,尽管不确定的宏观经济因素、裁员、减薪和大流行。

政府也采取了一系列措施旨在提振消费者支出。

这个周末的销售增长已经超出预期,Nilesh Gupta说,主任Vijay销售,主要电子产品连锁店在孟买、德里和海得拉巴。

伟大的东部零售总监Pulkit Baid说今年消费者购买更多高附加值产品,导致增长5 - 10%计费值。

广告

电子商务提高

负担能力计划说服了客户升级购物篮子和购买高价值商品跨段从手机和笔记本电脑到家用电器和电子产品,市场告诉等。

例如,仅在亚马逊,消费者使用相当于每月分期付款(工作)购物达600卢比在第一个24小时的早期访问销售为主要成员。亚马逊表示,四分之三的EMI购物者来自小城市。350000多的手机和三分之一的ACs和冰箱是分期付款买的。亚马逊的锚HDFC银行合作伙伴今年银行。

Flipkart公司说每五个购买高价的片段如手机、家具、大型家用电器和电子产品是分期付款。Flipkart公司有智能手机购买的数量增加了40%,增加50%的产品交流。25%以上的电器和电子产品在平台上购买工作。

“使用这些不同的银行(印度国家银行)和钱包(Paytm)领导单独提供,有超过400万名客户保存Rs 30亿集体“Flipkart公司在一份声明中说。

三星、苹果、小米,OnePlus华硕,联想、惠普、LG、惠而浦、巴贾杰电器和尤里卡《福布斯》在亚马逊看到他们最大的48小时内,根据Tiwary。

“我们所有的大品牌今年开始走强。头两天高价值的项目做得很好,”他说。电子商务巨头看到新推出包括OnePlus 8 t,三星M31 '版,OnePlus北部,Xbox系列年代,成员和马克斯是最买了超过1100间新发射。

”(亚马逊)印度伟大的节日已经成为最大的天三星手机在印度,“说Asim Warsi,高级副总裁,三星印度。

电子商务销售在下个月左右-70亿年预计将增长至6.5美元,据RedSeer估计和福雷斯特研究公司。销售,约有75%将被记录在一个星期——10月15 - 21日进行,根据Forrester的最新报告。

离线持续增长

大多数零售商表示,他们预计在本周业务大跳Dussehra下周末和网上销售的新奇的因素减弱。几乎所有的领先品牌也有类似的离线和在线价格,今年提供平价购物,Chandu Reddy说,主任Sangeetha手机,印度南部最大的手机链。

在线下销售已经达到大流行以来,零售商表示,这段也转过身自上周末以来。

“数字回升,我们希望80%的复苏这个节日按照目前的趋势,”J苏雷什说,首席执行官Arvind生活方式的品牌,经营连锁店如箭,美国马球协会,ck,汤米•希尔费格和诺蒂卡。

  • 发布于2020年10月19日08:11点坚持
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Large appliances, smartphones and consumer electronics have dominated the first leg of festive sales<\/a> on Amazon and Flipkart<\/a>, boosted by card discounts, exchange schemes and zero-interest instalment offers, top brands and company executives said. Brick-and-mortar retailers have also reported an uptick as brands have sought to keep prices similar on all channels.

The first 48 hours of Amazon's ongoing Great Indian Festival sale have seen the heaviest sales in seven years of operations in the country, a top executive told ET. Flipkart said that in two days sellers notched up as much business as they did in six days of the year-earlier sale. Brands such as Samsung, Apple and LG also reported their highest ever ecommerce sales in these two days, executives said.

“Sales have even exceeded our own pre-sales estimates both in terms of volumes and value of items sold, with 91% new customers coming from small towns,”
Amazon India<\/a> vice president Manish Tiwary told ET.

The ecommerce surge hasn’t dented sales at the brick-and-mortar chains in the first two days, which also coincided with the first weekend of Navratri that heralds the start of the almost month-long festive season in India continuing till Diwali in mid-November. The festive season accounts for 35-40% of annual revenue for most consumer companies in India.

Leading brick-and-mortar retailers such as Reliance Digital, Vijay Sales, Sangeetha Mobiles, Great Eastern Retail and Arvind Lifestyle Brands said they have seen a pickup in sales over last year in the same period.

LG India vice president Vijay Babu said the ecommerce business has doubled over last year, while offline sales have grown 20% at the country’s largest appliance maker.

Marketers are optimistic that overall festive consumption has started on a positive note despite uncertain macroeconomic factors, job losses, salary cuts and the pandemic.

The government has also announced several measures aimed at boosting consumer spending.

Sales growth this weekend has been beyond expectation, said Nilesh Gupta, director of Vijay Sales, a leading electronics chain in Mumbai, Delhi and Hyderabad.

Great Eastern Retail director Pulkit Baid said consumers are buying more high-value products this year, leading to a 5-10% jump in billing values.

\"\"
<\/span><\/figcaption><\/figure>
Ecommerce Boost<\/strong>

Affordability programmes have persuaded customers to upgrade shopping baskets and buy high-value items across segments from mobiles and laptops to home appliances and electronics, marketplaces told ET.

For instance, on Amazon alone, consumers used equated monthly instalments (EMIs) to make purchases amounting to Rs 600 crore in the first 24 hours of its early access sale for Prime Members. Amazon said three out of four EMI shoppers came from small cities. More than 350,000 phones and one out of three ACs and refrigerators were bought on instalment plans. Amazon’s anchor bank partner this year is HDFC Bank.

Flipkart said one out of every five purchases in high-ticket segments such as mobiles, furniture, large appliances and electronics was on instalments. On Flipkart, there was a 40% increase in the number of smartphones purchased and a 50% increase in product exchanges. More than 25% of appliances and electronics on the platform were purchased on EMIs.

“Using these various bank (State Bank of India) and wallet (Paytm) led offers alone, more than 4 million customers have saved Rs 3,000 million collectively,” Flipkart said in a statement.

Samsung, Apple,
Xiaomi<\/a>, OnePlus<\/a>, Asus, Lenovo<\/a>, HP, LG, Whirlpool, Bajaj Appliances and Eureka Forbes saw their biggest 48 hours on Amazon, according to Tiwary.

“All our big brands started stronger this year. High-value items did well in the first two days,” he said. The ecommerce giant saw new launches including OnePlus 8T, Samsung M31 Prime Edition,
OnePlus Nord<\/a>, Xbox Series S, Biba and Max being the most bought among over 1,100 new launches.

“(Amazon’s) Great Indian Festival has already become the biggest days for Samsung Mobiles in India,” said Asim Warsi, senior vice president, Samsung India.

Ecommerce sales over the next month or so are expected to grow to $6.5-7 billion, according to estimates by RedSeer and Forrester Research. Of the sales, about 75% will be recorded in just one week--October 15-21--according to Forrester's latest report.

Offline Continues to Grow<\/strong>

Most retailers said they expect a bigger jump in business this week with Dussehra next weekend and the novelty factor of online sales waning. Almost all leading brands have similar offline and online prices this year, providing shopping parity, said Chandu Reddy, director of Sangeetha Mobiles, southern India’s largest cellphone chain.

While offline fashion sales have taken a hit since the pandemic, retailers said this segment too has turned around since the weekend.

“With numbers picking up, we hope to see 80% of recovery this festive as per current trends,” said J Suresh, CEO at Arvind Lifestyle Brands, which runs chains such as Arrow, US Polo Assn, Calvin Klein, Tommy Hilfiger and Nautica.
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