Meanwhile, traders’ body CAIT said that “big sales” on e-commerce sites is a “blatant violation” of foreign direct investment (FDI) policy. But with the festival fever setting in this October, this number could grow manifold.
Amazon announced for Great Indian Festival Sale which will be held from October 1 to October 5, Now this company is offering best deals on electronics and also on all the smartphones which have cool features.
While competition was neck to neck in last 7 days.
Meanwhile, consumers on Twitter complaint that there were hardly any discount on the products that these companies are offering. 200 lucky winners will win an all-expense paid trip to Dubai for two, and it’s the flawless present we can gift our customers this Diwali.
Flipkart has raised an amount of $3.2 billion in eight years and has a lead in the market.
The much-awaited Pre-Diwali sales have started.
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It would be interesting to see who wins the war of sale this festive season.
Last Diwali, the e-tailers had more to cheer about though.
Flipkart further said that its subsidiary Myntra also clocked three times more revenue in the first hour compared to 2015 edition. The phones will be delivered on October 8, a day after sales begin in India. “We have plans to increase our capacities by threefold to meet this expected demand surge”.
– 63,000 unique sellers got orders on the first day.
Snapdeal has the product for Rs 25,799.
The Average Order Value through CashKaro platform has been 2X this festive season vs. rest of the year.
The study by CashKaro.com, a cashback and coupons site, said there is a stiff competition between Amazon.in and Flipkart for the number one position. The company said that 37 sellers crossed the Rs 1 crore turnover on the first day and sales volume surged almost 9X of average daily sales. It also said that it planned to open over 50 new stores in India.
Snapdeal saw two million users in first hour of sale. Both Flipkart’s and Snapdeal’s sales will last until October 6.
AMZN boasts more than 80 million products for sale in India, along with over 120,000 merchants and dozens of warehouses it uses to ship goods to customers faster than just about anyone else.
CAIT national president B.C. Bhartia and secretary general Praveen Khandelwal said the traders’ body has chose to submit a petition to Prime Minister Narendra Modi and Finance Minister Arun Jaitley to draw their attention toward “gross violation of FDI policy” by online retailers.