We provide the Amazon and Flipkart Offers 2019, an e-commerce platform in India achieved a record of $3 billion (Rs 19,000 crore) of Gross Merchandise Value (GMV) in the first six days of the festive sale that starts from Sep 29 – Oct 4, said by a report on Tuesday.
We give you Amazon and Flipkart Offers by Political thought surpass 90 percent of the market share during the six-day of its festive sale, said by a Bengaluru research firm RedSeer Consultancy.
Amazon and Flipkart Offers 2019
RedSeer is a research and advisory firm focused on achieving excellence in emerging markets. The expected sale of October to generate up to $6 billion. These are online shopping portals are Amazon and Flipkart Offers 2019.
“The first ripple of the festive sale season has seen record GMV of almost $3 billion despite the challenging time of recession, These figures indicate that consumer sentiment on online shopping remains high and constant,” said by Anil Kumar, Founder, and CEO, RedSeer Consulting.
Year-by-year growth during the festive sale period in the online selling market
Mobile was a leader in the category, covers to over 55 percent of GMV in festive days. Consumers to stop their mobile shopping for the festive sale season, It indicates that consumers have a strong desire to wait for the festive season online shopping for Amazon and Flipkart Offers 2019.
GMV is a term used in the retailing to indicate the gross merchandise value of the products in the markets in India. This does not include discounts, returns, cancellations and cashback on products sold.
Flipkart said that “The Big Billion Days” sale approve almost 50 percent increase in the number of new customers compared to last year, And the total no. of product views is 70 billion in six days of the sale. Nearly 50 percent of top sellers on Flipkart declared that their growth increased by Three times.
When India’s economic rate of growth decreased, many leaders said that it was due to the economic slowdown.
Markets are sluggish because there is an economic downturn in the country
But seeing the increase in online sales in India, people do not feel that they are short of money. People do not like the offline market in today’s time. They all like online sales on Amazon and Flipkart Offers.
RedSeer said, “Flipkart continued to lead the festive sales in GMV terms, with 60-62 percent share of the standalone gross GMV share during sale event, and about 63 percent share if other group entities are also included (Myntra and Jabong).”
“During the Great Indian Festival (September 28-October 4), Amazon led with the highest share of transacting customers at 51 percent, order share of 42 percent and value share of 45 percent across all marketplaces in India according to Nielsen’s E-Analytics impaneled read of 1.9 lakh digital users across over 50 cities,” the spokesperson added.
Get the best online shopping deals in the market portals are broken season by season. And the trend of the online e-commerce market is also increasing. Peoples of India prefer online selling and have less interest in Offline Market.
But lets we have in mind the frauds in the online selling market Amazon and Flipkart Offers 2019. And don’t forget the frauds happening offline also.
Peoples moved on with the online market because of their comfort and time management.
The online market saves the time of customers and reaches the product at the home of customers. The satisfaction of customers is also increasing with the online market because they have return policies.
If the product doesn’t satisfy the customer he can return it with no effort. These are some small efforts and amazing policies of online selling companies. That provides them a market Amazon and Flipkart Offers 2019.