Highlights

  • 80% of Great Indian Festival shoppers from Tier 2, 3 cities
  • Record-breaking 1.1 billion visits, 35% sales increase for small businesses

Latest news

Nifty 50, Bank, FMCG Lead Gains; Auto Sector Declines – Market Update December 23, 2024

Nifty 50, Bank, FMCG Lead Gains; Auto Sector Declines – Market Update December 23, 2024

Stock Market Roundup: December 23, 2024 - U.S. Markets Lead, Europe Shows Stability, Asia Gains

Stock Market Roundup: December 23, 2024 - U.S. Markets Lead, Europe Shows Stability, Asia Gains

Nifty 50 Stock Analysis – December 23, 2024: Key Losses and Technical Insights

Nifty 50 Stock Analysis – December 23, 2024: Key Losses and Technical Insights

Top Nifty 50 Gainers on December 23, 2024: Technical Analysis of JSWSTEEL, ITC, HINDALCO, TRENT, and HDFC

Top Nifty 50 Gainers on December 23, 2024: Technical Analysis of JSWSTEEL, ITC, HINDALCO, TRENT, and HDFC

Vivo X200 Pro Review: Cameras, Performance & Everything in Between

Vivo X200 Pro Review: Cameras, Performance & Everything in Between

Sky-High Spirits: Surat-Bangkok Flight Faces Alcohol Shortage Rumors

Sky-High Spirits: Surat-Bangkok Flight Faces Alcohol Shortage Rumors

‘Uttar Pradesh leading in ease of doing crime’: Akhilesh’s jibe at Yogi-led BJP govt

‘Uttar Pradesh leading in ease of doing crime’: Akhilesh’s jibe at Yogi-led BJP govt

Study finds enrolling in Ayushman Bharat Scheme increased access to timely start of cancer treatment

Study finds enrolling in Ayushman Bharat Scheme increased access to timely start of cancer treatment

Amazon's Great Indian Festival 2023: 80% shoppers from tier 2 and 3 cities

Amazon Prime membership saw a surge, with the highest single-day sign-ups occurring in the initial 48 hours of the sale event

Amazon's Great Indian Festival 2023: 80% shoppers from tier 2 and 3 cities

Amazon's Great Indian Festival 2023 has marked a historic success, with the e-commerce giant revealing unprecedented numbers in customer engagement and sales.

Running from October 8, the month-long event attracted customers from 99.7% of India's pin codes, with a noteworthy 80% of shoppers emerging from Tier 2 and 3 cities like Jalandhar, Kolhapur, Midnapore, and Visakhapatnam. This year's festival saw more than 1.1 billion customer visits, with 4 million new customers making their first Amazon India purchases.

Small and medium businesses experienced a remarkable 35% increase in sales compared to the previous year, and over 38,000 sellers achieved their highest-ever single-day sales. Notably, more than 65% of the sellers and Prime members participating in the festive season were from Tier 2 and 3 cities and beyond.

Amazon Prime membership saw a surge, with the highest single-day sign-ups occurring in the initial 48 hours of the sale event. Nearly half of all orders from Prime members were delivered within 48 hours of the transaction. The Amazon Pay Later service witnessed a 2.4x increase compared to the previous year, and 25% of purchases were made on EMI.

In terms of product categories, the premium segment experienced a significant uptick, with Amazon selling 2.5x more smartphones compared to the previous year. Seventy% of smartphone orders came from Tier 2 and below towns. Consumer electronics and personal computing orders, including large-screen TVs, saw substantial contributions from Tier 2 and 3 cities.

The beauty devices category registered a 70% increase, with dermatologist-led brands and beauty gift sets witnessing spikes of up to 3x and 4x compared to the previous year. Notably, over 60% of new shoppers purchasing fashion and beauty products hailed from Tier 2 cities and below.

Amazon Fresh, the company's grocery delivery service, recorded more than 50% year-over-year growth, with a threefold increase in first-time customers shopping on the platform. Overall, the Great Indian Festival 2023 has proven to be a game-changer, emphasizing Amazon's ability to cater to diverse regions and demographics across India.

Also Watch: Amazon layoffs 2023: Fresh round of job cuts hits Amazon's music division

ADVERTISEMENT

Up Next

Amazon's Great Indian Festival 2023: 80% shoppers from tier 2 and 3 cities

Amazon's Great Indian Festival 2023: 80% shoppers from tier 2 and 3 cities

Stock Market Roundup: December 23, 2024 - U.S. Markets Lead, Europe Shows Stability, Asia Gains

Stock Market Roundup: December 23, 2024 - U.S. Markets Lead, Europe Shows Stability, Asia Gains

Nifty 50 Stock Analysis – December 23, 2024: Key Losses and Technical Insights

Nifty 50 Stock Analysis – December 23, 2024: Key Losses and Technical Insights

Top Nifty 50 Gainers on December 23, 2024: Technical Analysis of JSWSTEEL, ITC, HINDALCO, TRENT, and HDFC

Top Nifty 50 Gainers on December 23, 2024: Technical Analysis of JSWSTEEL, ITC, HINDALCO, TRENT, and HDFC

Indian Stock Market stage sharp recovery after five days of fall

Indian Stock Market stage sharp recovery after five days of fall

India has potential to be key sustainable aviation fuel producer: IATA

India has potential to be key sustainable aviation fuel producer: IATA

ADVERTISEMENT

editorji-whatsApp

More videos

Market Cap of India's top-10 most valued firms slumps Rs 4.95 lakh Crore

Market Cap of India's top-10 most valued firms slumps Rs 4.95 lakh Crore

Honda and Nissan Start Merger Talks to Rival Chinese EV Giants and Tesla

Honda and Nissan Start Merger Talks to Rival Chinese EV Giants and Tesla

Divya Kala Mela run by persons with disabilities makes sale of Rs 3.5 crore: Government

Divya Kala Mela run by persons with disabilities makes sale of Rs 3.5 crore: Government

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

Nifty 50: Top losers today - 20 December 2024

Nifty 50: Top losers today - 20 December 2024

Rupee recovers from all-time low, gains 10 paise to 85.03 against US dollar

Rupee recovers from all-time low, gains 10 paise to 85.03 against US dollar

Trump threatens tariffs if EU doesn't buy more oil, gas

Trump threatens tariffs if EU doesn't buy more oil, gas

Honda Cars to hike vehicle prices by up to two per cent from Jan 2025

Honda Cars to hike vehicle prices by up to two per cent from Jan 2025

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.