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Snapdeal records 52% rise in Diwali sales volumes

Nine out of every 10 orders received on the platform were from non-metro towns in the country, said Snapdeal, which now has more than 500,000 registered sellers.

Snapdeal to launch 3 e-stores for festival essentials
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Published : Oct 7, 2019, 1:25 PM IST

Updated : Oct 7, 2019, 5:24 PM IST

New Delhi: Driven by a rise in orders from non-metro towns across India, e-commerce platform Snapdeal's first Diwali sales volumes of this year saw a growth of 52 per cent over last year, the company said on Monday.

Nine out of every 10 orders received on the platform were from non-metro towns in the country, said Snapdeal, which now has more than 500,000 registered sellers.

Snapdeal's first Diwali sale ran for eight days -- from September 29 to October 6.

While the increase in volumes from smaller cities was a pan-India trend, cities like Nagpur, Surat, Vijayawada, Chandigarh, Panaji, Jamshedpur, Shimla and Guwahati emerged as the new e-commerce hotspots of India, with orders surging at least four-fold over the previous year.

Over 120 cities and towns across the country registered at least 2x volumes compared to last Diwali sales.

These include cities like Satara, Anand, Bharuch & Pali (West India), Malerkotla, Roorkee, Jhansi & Hardwar (North India), Hazaribagh, Raniganj & Paradip (East India), Tezpur, Itanagar & Majuli (North-East India) and Khammam, Hassan, Miryalaguda and Bhimavaram (South India).

"All the sellers on Snapdeal are independent, third-party sellers and hence the growing volumes on our marketplace translate directly into greater opportunities for India's small and medium businesses," Kunal Bahl, CEO & Co-Founder, Snapdeal, said in a statement.

The most popular items in the sale were everyday apparel, with both men and women shoppers preferring track pants, t-shirts and shorts over formal wear.

In fashion accessories, casual shoes, flip flops, belts and artificial jewellery were the top selling items.

Personal care products continued their recent trend of rising sales with shaving and grooming products for men and epilators for women amongst the most bought products.

The home category best sellers included multi-function kitchen gadgets, kitchen storage, towels and home linen.

Bedsheets from Jaipur were the single largest selling items that received orders from over 180 cities across India.

Snapdeal said its second "Snap-Diwali" sale will be live on October 11 and will run till October 13.

Read more: Xiaomi sells 53 lakh devices during festive season sale

New Delhi: Driven by a rise in orders from non-metro towns across India, e-commerce platform Snapdeal's first Diwali sales volumes of this year saw a growth of 52 per cent over last year, the company said on Monday.

Nine out of every 10 orders received on the platform were from non-metro towns in the country, said Snapdeal, which now has more than 500,000 registered sellers.

Snapdeal's first Diwali sale ran for eight days -- from September 29 to October 6.

While the increase in volumes from smaller cities was a pan-India trend, cities like Nagpur, Surat, Vijayawada, Chandigarh, Panaji, Jamshedpur, Shimla and Guwahati emerged as the new e-commerce hotspots of India, with orders surging at least four-fold over the previous year.

Over 120 cities and towns across the country registered at least 2x volumes compared to last Diwali sales.

These include cities like Satara, Anand, Bharuch & Pali (West India), Malerkotla, Roorkee, Jhansi & Hardwar (North India), Hazaribagh, Raniganj & Paradip (East India), Tezpur, Itanagar & Majuli (North-East India) and Khammam, Hassan, Miryalaguda and Bhimavaram (South India).

"All the sellers on Snapdeal are independent, third-party sellers and hence the growing volumes on our marketplace translate directly into greater opportunities for India's small and medium businesses," Kunal Bahl, CEO & Co-Founder, Snapdeal, said in a statement.

The most popular items in the sale were everyday apparel, with both men and women shoppers preferring track pants, t-shirts and shorts over formal wear.

In fashion accessories, casual shoes, flip flops, belts and artificial jewellery were the top selling items.

Personal care products continued their recent trend of rising sales with shaving and grooming products for men and epilators for women amongst the most bought products.

The home category best sellers included multi-function kitchen gadgets, kitchen storage, towels and home linen.

Bedsheets from Jaipur were the single largest selling items that received orders from over 180 cities across India.

Snapdeal said its second "Snap-Diwali" sale will be live on October 11 and will run till October 13.

Read more: Xiaomi sells 53 lakh devices during festive season sale

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       New Delhi, Oct 6 (PTI) Snapdeal will launch three special e-stores for forthcoming festivals of Karva Chauth, Dhanteras and Diwali, to cash in on the rising trend of online shopping.

      Each e-store will provide all festival essentials in one place - making shopping for traditional items simple and convenient, said a spokesperson of the online marketplace.

    The first such e-store will be for Karva Chauth offering products like 'pooja thalis', 'pooja accessories', and other products used to perform the rituals.

    The second e-store will have a special selection for Dhanteras and will include offers on gold and silver coins, utensils, and fine jewellery.

    The Diwali gifting store will have a huge assortment of traditional and modern gifts items, including electronics, and home related products.

    Snapdeal said the e-store  will also have all products required for the Diwali pooja, including idols of Lakshmi and Ganesh.

    “We have analysed the user purchase patterns and from that we have derived what most of our users buy during specific festivals.

    "We put together a collection in a systematic manner so that users don't miss out on anything. The pricing on Snapdeal is such that users can find all they need in multiple budget points," the spokesperson said.

    The e-stores, which will be launched later this month, are curated to ensure convenience and choice keeping cross-cultural relevance in mind, the company said. PTI NKD



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Last Updated : Oct 7, 2019, 5:24 PM IST
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