Flipkart targets doubling of sales this Big Billion Day

Flipkart targets doubling of sales this Big Billion Day

While the company says it will continue to focus on higher spending urban customers with offerings such as EMI on debit cards, no-cost-EMI, and even an option to pay for a product only after it has been purchased, a lot of focus has been put on offering deals tailored to customers from smaller towns.

Both the Bengaluru-based companies have negotiated with big brands and sellers to pass-on large discounts to shoppers by more than doubling up their inventory line-up, four senior industry executives said.

That would imply that Flipkart is aiming to touch sales of around Rs 6,000-9,000 crore (about $1-1.5 billion) during the five-day event this year.

Country's largest e-commerce marketplace Flipkart will host its fourth annual flagship BigBillionDays sale starting on September 20 and is expecting sales during the five-day period, until September 24, to grow between three-fold compared to past year.

In a delight for tech lovers, Ecommerce major Flipkart will soon launch its festive season sale and will offer a number of top-end phones with special discounts. Apart from deals and offers, this time users will have access to unique and exclusive selection across 80+ categories.

"We'll build upon the success of Prime Day. Our subscriptions have gone up two times since January.we're seeing a lot of interest from customers in signing up for Prime before Diwali", said Agarwal, adding that Amazon will roll out special offers for existing Prime members. Amazon India did not confirm the dates.

The Diwali season clash between Amazon and Flipkart is expected to be as hard fought as past year. A few days later, in an interview with Mint, Agarwal responded to the put-down by saying Amazon had accomplished in three years what Flipkart hadn't despite launching much earlier and acquiring several companies including Myntra and Jabong.

Flipkart is also planning to make offers more exciting beyond discounts with financing options. "Over the years, it has grown from being Flipkart's largest shopping carnival, to being synonymous with the festive season and Indians now relate to is as the #1 festive sale in the country".

As per the sources reports, Flipkart is celebrating the completion of 10 years and that's the reason they made a decision to look forward to the sale.



Related Posts

No Evidence Russia Played a Role in US Election
Still, Facebook has struggled with exactly how transparent to be about its processes and how deeply to police its users. The company said about 3,000 ads were bought by people operating almost 500 fake Facebook accounts.

Benedict Cumberbatch's Thomas Edison lights up The Current War trailer
It was a slug fest between Edison, with his direct current electricity, and Westinghouse, with his alternating current system. Alfonso Gomez-Rejon also directs Katherine Waterston , Tom Holland , Tuppence Middleton , and Matthew Macfadyen .

Revamp boards of PSBs, make them independent of govt: Raghuram Rajan
He said there was no reason why the economy can not grow at 9-10%. "No date was fixed for demonetisation". Rajan minced no words and said "we should be anxious about the economy's health" amid slowing GDP growth.

Mark Zuckerberg Hosts Live Facebook Event with Dreamers to Discuss DACA
The three people he spoke with on the livestream were Leezia Dhalla, Tomas Evangelista and Maria Praeli, each a DACA recipient. With DACA, Dahalla said she's been able to live out her dream, graduate from college, get a job, buy a auto and a home.

Ireland is to repay International Monetary Fund bailout loans early
Ireland received 22.5 billion euros ($27 billion) from the IMF in 2010 as part of a 67.5-billion-euro EU-IMF financial assistance programme which helped the country recover after the financial crash.

Ukraine Considers Russia's Proposal on UN Mission in Donbass 'Strange'
A 2015 peace deal brokered by Germany and France helped reduce the scale of fighting, but regular clashes have continued. Kiev accuses Moscow of sending troops and heavy weapons to the region, which Russian Federation denies.

Rafael Nadal's latest US Open victim betting on Roger Federer
Federer was within one match of playing Nadal in a quarterfinal but lost to Spaniard Tommy Robredo in a fourth-round matchup. Rafael Nadal made it through to the quarterfinals of the US Open with a dominant victory over Alexandr Dolgopolov on Monday.

Panthers to fly players, staff out of Florida
According to the Miami Herald, a number of Panthers players and staff will evacuate Florida ahead of the storm's arrival. Several other highly regarded young players who will be vying for roster spots were also slated to participate.

Antonio Conte Worried About Eden Hazard Ahead Of Leicester V Chelsea
Hazard has recovered from ankle surgery but Courtois thinks it will take his Chelsea team-mate time to get to his top level of performance.

Irma alert: Turks and Caicos in path of destruction
The National Hurricane Center forecast cone only projects five days because storm forecasting skill falls dramatically thereafter. The hurricane will then move across the south-eastern Bahamas by this evening, and then be near the central Bahamas by Friday.

© 2015 ExpressNewsline. All Rights reserved.