India
Amazon and Flipkart claim bumper sale on their large platforms as they received orders from customers from over 99% of the pin codes in the country.
New Delhi: While the festive sales are drawing close, e-tailing giants Amazon and Flipkart have claimed a bumper sale on their platforms, and that they were ahead of the expected competition, as they received orders from customers from over 99% of the pin codes in the country.
Citing a survey by Kantar IMRB and other reports, Amazon India senior vice president and country head Amit Agarwal said Amazon emerged as "the most visited and transacted shopping destination in India this festive season" (October 10-15, October 24-28 and November 2-5).
"With 99.3% of pin codes placing at least one order, 89% 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 is cornering 51% 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.in 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% over last year.
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