Festive season boost: Snapdeal witnesses 1.8x order volume growth during festive season sale 2024

E-commerce major Snapdeal announced that it has witnessed 1.8 times growth in order volumes during the festive season sale till 15th October 2024. The growth is in comparison with last year’s festive season sales period. The e-commerce platform is focused on value segments and hosts high-quality, value -priced merchandise in key categories like home, fashion and beauty & personal care.

Also ReadPaytm swings back to profit at Rs 928.30 crore on gains from ticketing business sale, revenue drops by 34.1% YoY

Per the details shared by Snapdeal, the categories that observed significant growth this year in order volumes are women’s fashion with products like kurtis, dupattas, lehengas, tops and tunics which saw a 2.5 times jump in orders. Similarly, kid’s fashion products such as suit sets, frocks, dresses and other ethnic wear witnessed 2x growth, and men’s fashion such as ethnic footwear, short and long kurtas, kurta pyjama sets, etc. noted a 1.9 times growth in orders during this period. The home decor category too saw growth and recorded a 1.6x increase in orders with products including furniture, home furnishing accessories, bedsheets, mattresses and pillow covers among others posting growth in orders during the period.

Also ReadPepsiCo Bottler Varun Beverages posts Q3 profit at Rs 619.61 crore, revenue rises by 25.3% YoY

In the run up to the festive season sale, Snapdeal expanded its product range in the home decor and fashion segments by adding national and regional brands to its platform from across the country. The sale offered products at exciting prices across categories with pooja essentials starting at Rs 99, sweets starting at Rs 129, festive apparels at Rs 269, banarasi sarees under Rs 499 and necklace and sets under Rs 299.

Also Read Cement demand to grow at a moderate pace of 7-8% this fiscal CAIT expecting business worth Rs 4.25 lakh cr this festive season Bajaj Finance shares drop 3% after Q2 AUM growth rate was slowest in 6 quarters India’s manufacturing PMI drops to eight-month low of 56.5 in September on slow growth pace of new orders, output

Following its seasonal dhamaka offer, Snapdeal is having ‘Har Din Tyohaar’ sale which started from 8th October and will continue till 7th November 2024. Snapdeal has also created a special offering called ‘House of Worship’ as part of their sale offerings,

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