Flipkart Big Billion Days Sale 2023: Flipkart's annual shopping sale, "The Big Billion Days" (TBBD) 2023, has set a new record with 1.4 billion customer visits. The event, held from October 8 to October 15, witnessed an unprecedented response from shoppers across India. Kalyan Krishnamurthy, CEO of Flipkart Group, expressed his excitement, stating, "We received a great response from both customers and an extensive network of sellers across the country."
This year's TBBD highlighted a significant premiumization trend in India, especially in categories such as smartphones, laptops, tablets, and home appliances. Televisions, audio devices, smartphones, and grooming products were among the top choices for shoppers. Surprisingly, medicines on Flipkart experienced a 2.5X surge in shoppers, with multivitamins and Ayush products gaining immense popularity.
Flipkart Plus memberships soared, witnessing a remarkable 60% increase compared to TBBD 2022. The festival also marked a milestone in terms of deliveries, with over 4 million packages dispatched by Flipkart's Kirana partners within the first four days.
Notably, TBBD 2023 expanded its reach to remote areas, ensuring that even customers in places like Andaman, Hayuliang (Arunachal Pradesh), Choglamsar (Ladakh), Kutch (Gujarat), and Longewala (Rajasthan) could partake in the shopping frenzy.
In a bid to support local artisans, the "Samarth" program introduced the 'Indian Roots Store Front,' enabling craftsmen to showcase over 350,000 products in home, furnishing, and lifestyle categories. Samarth sellers experienced a remarkable 6x growth during the pre-festival period.
Flipkart's financial services also saw a surge in activity. The Flipkart Axis Bank Credit Card witnessed an 8X growth in overall spending and a 4X increase in orders compared to the pre-festival period, thanks to enticing offers on instant savings and cashback. Additionally, Flipkart Pay Later experienced a 4X growth, while EMI spending surged by 7X, further underscoring the shopping bonanza's massive success.
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