×
174
Fashion Jobs
RYPE FINTECH PRIVATE LIMITED
Opening For Channel Sales Manager
Permanent · Bengaluru
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Asst. Manager Quality / Quality Line Officer- Garments Industry
Permanent · Bhiwandi
ANJNEY
Sales Manager/ Area Sales Manager - Industrial Products
Permanent · Ahmedabad
SH MATRIX ENTERPRISES
Sales Manager
Permanent · Gurugram
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
DLIGHT ENERGY PVT. LTD.
Hiring For Area Sales Manager | Pune/ Nagpur | d.Light Energy
Permanent · Pune
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Chennai)
Permanent · Chennai
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Maharashtra)
Permanent · Mumbai
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Nashik
OLIVE GREEN CONSULTING LLP
Urgently Looking For Area Sales Manager
Permanent · National Capital Region
DEEP CHAND DIALYSIS CENTRE PVT. LTD.
Immediate Joining For Area Sales Manager @ Kolkata
Permanent · Kolkata
MEDLEY PHARMACEUTICALS LTD
Area Sales Manager/ District Manager - Bhopal
Permanent · Bhopal
DREAM HOME PLASTO WARE IND
Production Manager
Permanent · Alwar
MEDLEY PHARMACEUTICALS LTD
Area Sales Manager/ District Manager - Bhopal
Permanent · Bhopal
EXTRAMARKS EDUCATION
Area Sales Manager- B2B Sales
Permanent · Nashik
TITAN BIOTECH LIMITED
Area Sales Manager
Permanent · Hyderabad
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Daman
LEVI'S
Associate Sap Ptp Business Analyst
Permanent · Bengaluru
FEDBANK FINANCIAL SERVICES LTD
Area Sales Manager For Gold Loan - Chennai
Permanent · Chennai
DR MEDITECH SURGICAL AND DIAGNOSTICS INDIA PVT LTD
Production Executive / Production Manager (Biochemistry & Hematology
Permanent · National Capital Region
INFEXN LABORATORIES PRIVATE LIMITED
Medical Representative/ Area Sales Manager
Permanent · Navi Mumbai
ELLIOTT MOSS
IT Sales Manager
Permanent · Mumbai
Published
Oct 16, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Flipkart and Amazon Dussehra sales end, estimated to have reached $2 billion

Published
Oct 16, 2018

As the festive sale weekend closed, India’s e-commerce giants reported higher sales than last year although the final revenue total is believed to be lower than pre-sale estimates.

India’s e-commerce giants reported one third higher sales than last year this festive sale season - Flipkart


Consultancy firm RedSeer estimates that the total revenue totalled around $2.3 billion for the sale weekend that saw e-commerce firms including Flipkart, Amazon, Snapdeal, and Paytm Mall roll out huge discounts across their stores. While it was an improvement upon last year -  one third higher than 2017’s $1.5 billion – it still missed the firm’s estimates of between $2.5 billion (Rs 16,632 core) and $3 billion.

According to Forrester Research, Flipkart alone had a revenue total of around $1 billion. The firm also stated that Amazon had narrowed the gap still further between the two businesses this sale season. It is expected that these predictions and estimates will be fine-tuned over the course of the week as data continues to be released. However, neither Amazon nor Flipkart release their sales revenue totals.

According to TNN, Flipkart and Amazon account for 90 percent of online sales in India and both business have claimed that they had the highest revenue total this season, as happened last year. TNN reported that analysts believe that Amazon India clocked between $800 and $900 million this sale season and Flipkart clocked around $1 billion.

Flipkart’s CEO, Kalyan Krishnamurthy, told the press last week than his competitor (certainly referring to Amazon) had lost relevance. Krishnamurthy also claimed that Flipkart now has a 70 percent share of India’s online market.

Amazon India’s country head, Amit Agarwal, responded: “We surpassed nearly the entire first wave of last year’s sales in the first 36 hours in 2018. With [a] three-times surge in Prime member signups compared to last year’s sales and more than 80 percent of new customers coming from small towns, and orders from 99 percent of serviceable pin-codes in just four days, we are happy to focus on what matters- customers.”

Fashion sales this sale season saw higher demand than last year helped in part by Flipkart and Amazon’s focus on fashion this year.

Copyright © 2022 FashionNetwork.com All rights reserved.