Flipkart's Big Billion Day Sale: Hit or flop?
AdvertisementYou either love it or hate it, but one thing’s for sure, there’s no way you could have ignored the madness that was
In its second year, Flipkart’s trademark sale lasted from the 13 th October to the 18 th October and was restricted to only its app users. This meant that people who hadn’t downloaded the Flipkart app on their smartphones wouldn’t get invited to the goodness of the sale.
While critics weighed the pros and cons of the sale going app-only, what was ignored was the brilliant marketing ploy by the company to tempt more people to download the app, all for some discounts.
Flipkart had a range of issues of its own that it had to ensure went smoothly. Add to it, its rivals
The six days were filled to the brim with unbelievably good deals, complaints of the app crashing and products being sold out, but amidst all this, Flipkart claimed that it managed to sell 10 lakh units within the first 10 hours!
Keeping that achievement in mind, we decided to dig deeper and let the Big Billion Day data speak for itself! The idea was to compare the returns of last year and pit them against the one seen this year.
Last year, the inaugural Big Billion Day Sale was hosted by Flipkart on 6 th October.
MySmartPrice, a leading comparison and shopping product discovery platform helped us crunch the numbers and here’s what they say-
According to the data, it was noticed that there has been a 395% growth in product transactions between last year and this year, with sales under the male category rising by one percent while the sales under the female category fell by one percent this year.
However, the majority of the sales were concentrated in the male category this year too. About 74% of the products sold were the ones listed under the male category, with only the remaining accounting for products listed under the female category.
There has been a growth in sales of about 21% in the metro this year, whereas the non-metro sales took a massive falling this year.
Talking specifically about the sales this year, the biggest winner was undoubtedly the Mobile Category, which saw a transaction rate of 23.77%, the gross merchandising value for which stood at 51.77%.
In general, the electronics, appliance category seemed to be the game winner for Flipkart as it kept the sales going.
Flipkart Deals, Offers and Coupons provided some solace too, albeit not too much.
Beauty, Baby, Sports, Office and Books were the categories that were the biggest losers and didn’t do too well this year.
Popular on BI
- SIMPLY PUT: What happened before India got Freedom@Midnight
- Here’s how much banks have increased home loan interest rates
- Avatar 2, Black Panther 2, Ant Man — Here is a complete list of Hollywood movies expected to hit Indian theaters in the next 6-7 months
- Qmin has been profitable business for IHCL from day one, says Jehangir Press
- India's foreign exchange reserves fall to $573 bn