With the festival of lights knocking at the door and gifting at its peak, the-commerce portals are raining flash sales, lucky draws, special portfolios and exclusive product launches. The season which kicked off the with the Big Billion Day by Flipkart to the week- long Diwali Dhamaka Sale from Amazon, the online buzz is getting louder each day.
The portals, flushed with money from recent fund-raising efforts, are lining up steep discounts, exclusive merchandise, cash-back schemes, and other promotional offers for this year’s festive season, giving them an opportunity to sell more, gain market share and increase their valuations.
According to Team Pumpkin co-founder Swati Nathani, the period of October till January is considered great for retail sales, starting with festive buying for Pujo and Diwali, to winter shopping in November, party shopping in December and then End of Season Sale in January. “The season sees an approximate 200-300 per cent increase from the average e-commerce sales. Obviously, post Diwali sales will not match to the level of Diwali, but on an average they are 20-30 per cent higher than average period sales,” said Nathani.
Amazon India
For the festive season, the e-commerce giant is offering discounts with minimum 16 per cent and maximum of up to 56 per cent discounts on products like laptops, mobiles, household items and home appliances. The e-retailer is giving up to 70 per cent discounts on home appliances, clothing & accessories, gifts, gadgets and jewellery along with an additional cash back offer on purchases made by Citibank cards.
Talking about the Diwali, the offers and discounts, Amazon India country manager & VP Amit Agarwal said that the customers can look forward to Amazon.in as their one-stop Diwali shopping destination and that Amazon is offering its Indian customers great savings on thousands of products every hour through its discounts and offers.
On 21 September, Amazon.in kicked-off the 30 day online Shopping Dhamaka ahead of the peak festival season offering customers thousands of exciting new deals & offers on the hottest products; new store launches; first access to unique selections & premium brands, exciting contests, etc.
As part of the Online Shopping Dhamaka, Amazon.in hosted two major events including ‘Mission to Mars’ weekend between 4-6 October dedicated to the success of India’s Mangalyaan mission and the Diwali Dhamaka Week between 10-16 October.
“We are humbled by the tremendous response from customers to the Online Shopping Dhamaka and all events hosted as part of this. The response from customers on the first day of the Diwali Dhamaka Week went beyond our wildest expectations as we surpassed our biggest day. Traffic on that day was 200 per cent more than that on our previous biggest day. We are seeing a massive interest from all over the country including tier 2 markets like Pune, Ahmedabad, Jaipur, Surat, Vizag, Coimbatore, Patna, Bhopal, Nagpur, Chandigarh, Lucknow,” said an Amazon spokesperson.
“Our seller clubs that have Rs 1 million+ & Rs 1 crore+ weekly sales increased by 44 per cent & 26 per cent respectively during the Diwali Dhamaka Week and sellers received orders from 868 non-metro cities,” he added.
Electronics and Kitchen product categories grew by nearly six times during the Diwali Dhamaka week. In addition, we have received an overwhelming response from customers to all the exclusive launches that have taken place on Amazon.in during this period.
“We have sold over 130,000 Micromax Canvas Android One smartphones, over 100,000 Coke Zero cans within two weeks of its launch, the Blackberry Passport has gone out-of-stock and we have sold hundreds of audio products of House of Marley,” the spokesperson informed.
They also launched special festive design packaging and introduced gift boxes and gift wrapping paper in colours that match with the artwork on the gift boxes for Diwali.
Flipkart-Myntra
After offering crazy massive discounts on the Big Billion Day, raising Rs 600 crore as well as sending an apology letter to all its customers, Flipkart seems to have toned it down a bit.
However, the industry that is currently surviving on discounts, the home-grown e-tailer is giving offers on select products. The site is hosting an electronic mela, giving massive discounts on televisions, camera, Smartphones, home appliances and others. The portal is offering 45-50 percent on home appliances like mixer grinders and induction cook-tops.
The e-retailer is also holding an App lucky draw, where the lucky ones can win 3 days/2 nights holiday packages along with an additional cash back offer on purchases made by an SBI card.
The e-commerce portal recently acquired the fashion portal Myntra as well as raised funds worth $1 billion.
“Our aim is to help our sellers provide the best possible shopping options to our customers such that both sellers and customers benefit,” said a Flipkart spokesperson, talking about the Diwali sales.
While the Bengaluru based portal is being cautious, its acquisition Myntra is giving discounts like 30 per cent off on no minimum value, up to 60 per cent off on festive collection and launching new private brands, Indian as well as international etc. Myntra has launched an exciting Diwali campaign 'Myntra Cracker of a Sale' from 7 -25 October.
Myntra chief operating officer Ganesh Subramanian said, “Diwali is a period of festivity and cheer, where all of us buy new clothes, and want to ‘Look Good.’ The 'Myntra Cracker of a Sale' boasts of exciting brand offers from over 500 marquee brands and will also include exclusive collections from leading brands and designers which will be available only on Myntra.com.”
“At Myntra, we are not restricting celebration only to clothes, but have also extended a personalized style service, the Style Helpline, where Myntra's expert stylists will be available to answer everything from simple style queries to advice on getting the perfect festive look,” he added.
Talking about the sales target, Subramanian revealed, “We expect it to be a record breaking Diwali, with over 3X growth in sales as compared to last year."
The fashion e-tailer also designed a ‘Made for Myntra Collection,’ which includes over 5,000 exclusive styles and collections by some of the most respected designers and brands like FCUK, UCB, Elle, SuperDry, Biba, FabIndia and Antony Moratto.
The company is offering every shopper with assured money back with every order - minimum Rs 100 up to Rs 1 lakh and five gold vouchers from Tanishq, to be won every day.
Snapdeal
All set to lure customers to its portal, Snapdeal is offering 50 per cent off and 1+1 offer on many of its products. The Delhi-based e-tailer is also offering 60-70 per cent discount on mobile phones and gadgets.
“The intention is to try and cater to every single consumer. Because we are trying to cater to everyone, we have products for everyone. There has been a big ensemble of celebrities, who have come on board for the same,” said Snapdeal VP-offline marketing Maneesh Goel.
"We are aiming to double our normal sales this festive period like last year," revealed Goel who added that the company is already seeing a 30 per cent increase in its daily order and sales average. Snapdeal recently crossed $1 billion (over Rs 6,100 crore) in sales this fiscal.
The portal is offering up to 50 per cent discounts on home appliance, up to 40 per cent on watches, around 50 per cent on gadgets along with 1+1 offers on ethnic wears, footwear, clutches etc.
Google India
Celebrating the occasion, the search-engine giant Google has launched ‘Grand Diwali Mela’ to cash in on the festival of lights.
Google has also set up a ‘Grand Diwali Mela’ website, which provides two activities that Indians love to indulge in: shopping and entertainment.
The powered by sponsor for the site is Amazon India while the presented by sponsor is Lakme. Other sponsors for the site include OLX, Fiat, Line messenger, Horlicks among others. It has also partnered with Shah Rukh Khan's Happy New Year, which is set to release on the day after Diwali.
It allows users from across India to try out everyday products through samples at Re 1, play games that are in sync with the cultural moment, stream movies for free and watch great content from the upcoming film Happy New Year.
At the ‘Grand Diwali Mela,’ consumers can also experience gaming via a platform called Centerstage Hungama.com. On this online 'zone', consumers can stream two Bollywood films of their choice. A game called Diwali Chakri has been launched exclusively for this occasion. In association with Rummy Circle, it allows users to play with other card game enthusiasts across the country. Gaming hour will be from 9-10 pm and prizes include online offers and merchandise.
Last month, Google stated plans of launching a virtual shopping and entertainment platform by tying up with the media buying agency GroupM. While GroupM is responsible for bringing brands onto the platform, Google provides the technical support.
The website, which will run live till 22 October, invites patrons to try samples for products across various categories at just one rupee each, and to play and win awesome prizes and a chance to hang out with celebrities.
Other sites
Riding high on the festive season, CouponDunia, has brought together the country’s most popular e-commerce stores to give its users 30 exclusive offers over the next 15 days as part of ‘Deal-Wali Diwali’. These offers include: Rs 250 gift card on Rs 999 shopping for Amazon, Buy-1-Get-1-Free in Dominos, Flat 33 per cent off above Rs 2999 in FabFurnish, Flat 45 per cent off on Hotel Bookings at Goibibo, Flat Rs 500 off on Flights at Yatra.
Jabong is also offering huge discounts on lifestyle products. On purchase of two products of American Swan, one can get one product of the company free. Apart from this, one can book a home with just Rs 999 under ‘Living Room Bonanza’ and will also be entitled to 20 per cent discount on total cost.
With the massive discounts offered and customers being treated as kings, this Diwali marks the growth of the e-commerce sector in India. So, shop till the discounts last and we at Indiantelevision.com wish you a happy Diwali and a fun festive season.
