Festive sale: Tier-II, III cities drive big biz for Flipkart and Amazon


Tier-II and tier-III cities are driving big business for e-commerce firms — Flipkart and Amazon — for the ongoing festival season.
Walmart-owned Flipkart on Monday night said tier-II and tier-III cities ushered in the festive cheer for the firm during the second day of its flagship event ‘The Big Billion Days’ 2019. Electronics category witnessed growth of over 70 per cent from tier-II cities, with a 100 per cent increase in women shoppers from smaller towns. “We witnessed the growing appetite of tier II and III cities for mobiles, large appliances and consumer electronics,” said Kalyan Krishnamurthy, CEO, Flipkart. “As consumers from these cities upgrade, they are coming at par with the metros showcasing unique needs and spending patterns across these categories,” added Krishnamurthy.
Affordability constructs were a big hit. There was over 2X adoption in the ‘product exchange’ construct for mobiles and laptops, according to Flipkart. Within laptops, key segments like gaming and thin and light laptops exceeded 2X as compared to last year, leading to the overall growth of more than 10 per cent in the average selling price of the products. Read Complete Article

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