Amazon or Flipkart! Who won the festive season sale battle this year?
ABP News 2018-11-06 14:43:00
Festive Season Sale: India sees record growth in online sale; Check top selling categories3 per cent of pin codes placing at least one order, 89 per cent of new customers coming from smaller towns, almost 70,000 small and medium businesses getting at least one order and new Prime memberships growing by nearly 2X, we are humbled that India trusts us to find, discover and buy anything online," he said.
Asked about another report stating that Flipkart cornering 51 per cent share of the festive sale between October 9-14, Agarwal said, "we don't comment on reports that are based on non-scientific methodologies".
The said industry report had stated that Amazon. It had a 32 per share in the first leg of the festive sale before Dusshera. Both Walmart-backed Flipkart and Amazon have claimed record-breaking sales numbers across categories like smartphones, large appliances and fashion during their festive sales.
"The current sale (November 1-5) is already more than 2X of our Big Billion Days sale this year. We were the clear leaders in the fashion category... We had all brands (of smartphones) except one...Competition is nowhere close to that," Flipkart Head of Growth Smrithi Ravichandran said.
She added that customers on an average spent Rs 7,500 on various purchases during this festive sale and that its gross merchandise value (GMV) was up 90 per cent over last year.