City
Epaper

Electronics category sees 10% overall growth on Flipkart sale

By IANS | Published: October 03, 2019 6:02 PM

Flipkart on Tuesday said it has received great traction for electronics and mobiles across the country, including tier II and III cities, during the "Big Billion Days" sale that began from September 29.

Open in App

The electronics category witnessed an overall growth of more than 10 per cent within the key segments like gaming, thin-sleek and light laptops that were sold two times more in comparison to last year's sale.

The electronics category also witnessed a growth of over 70 per cent from tier 2+ cities, with a 100 per cent increase in women shoppers from smaller towns, said Flipkart.

"This Big Billion Days, we witnessed the growing appetite of tier II & III cities for mobiles, large appliances and consumer electronics. As consumers from these cities upgrade, they are coming at par with the metros showcasing unique needs and spending patterns across these categories," Kalyan Krishnamurthy, CEO, Flipkart, told .

In the large appliances category, close to 70 per cent customers opted for pre-paid option for TVs.

Major smartphone brands gained great momentum during the sale.

"The smartphone segment has recorded impressive sales. While Vivo registered two times growth, Oppo has clocked three times growth and Infinix touched four times growth over the previous year's Big Billion Days," Flipkart added.

On Day 1 of the sale that began from September 29, Flipkart registered 2X sales growth compared to last year.

According to Anil Kumar, Founder and CEO, RedSeer Consulting, the first three days have been a strong success for e-tailers despite challenging macro environment, indicating that consumer sentiment on online shopping remains bullish.

"We expect the industry to continue to do well in the remaining days of the sales event and achieve 80-100 per cent of the RedSeer forecasted numbers for the whole six-day event," Kumar said in a statement.

( With inputs from IANS )

Tags: Anil KumarIans
Open in App

Related Stories

BusinessAdani Media Arm Likely to Acquire Stake in Zee After Sony Merger Fallout: Report

BusinessAdani Group acquires majority stake in news agency IANS

NationalMonkey become ‘lakhpati’ – though for a short time

NationalDC directs setting up special teams to monitor illegal mining activities in Gurugram

Other SportsHaryana's Saraswati finds golden success mantra on wheels

कारोबार Realted Stories

BusinessIndia-EU-UK FTA negotiations reach decisive stage, crucial round to begin post-elections

BusinessCentre takes up surge in online fake reviews with e-com giants, issues draft quality control order

BusinessIndia’s unemployment rate declines in Jan-March quarter

BusinessSpices banned in Singapore and Hong Kong are less than 1 pc of India's total exports

BusinessIndia’s goods exports post 1.07 pc growth in April despite global uncertainties