Inside India’s eCommerce Battle: Attractive Offers Usher In The Festive Season

DataCrafts @ DataWeave
DataWeave
Published in
2 min readNov 13, 2018

Its festival season in India again and shoppers took advantage of aggressive cutthroat competition between Indian online retailers to drive sales to unprecedented highs.

All the major Indian eCommerce websites including, Amazon, Flipkart, Myntra, and Shopclues opted to go head to head by holding their first sale event this season over 4 to 5 days starting on the 10th of October. Still, as industry reports indicate, one retailer came out on top during this event — an insight supported by our analysis as well.

A New Battleground

The highlight this year was seeing how the announcement of global retail colossus Walmart’s acquisition of Flipkart would impact the sale events. The acquisition was the most influential development in India’s eCommerce sector, and it has transported a decades-long U.S. rivalry between Amazon and Walmart to Indian soil. As a result, this year’s sale event held out the promise of more attractive pricing and vast product selection for India’s consumers than ever before.

Industry analysts estimate that the sale generated a cumulative Rs 15,000 crore in sales over the spread of the five sale days, a whopping outcome. In 2018, this translated into around a 64 per cent year-on-year growth outcome compared to the USD 1.4 billion (around Rs 10,325 crore) generated by the 2017 sales.

The DataWeave Analysis

At DataWeave, we analyzed the performance of each of the major eCommerce platforms including Amazon, Flipkart, Myntra, Paytm, and Shopclues. For each eCommerce website, we aggregated data on the Top 500 ranked products for over 40 product types spread across 6 product categories (Electronics, Men’s & Women’s Fashion, Furniture, Haircare, Skincare).

We focused our analysis on only the additional discounts offered during the sale and compared them to prices prior to the sale, to reflect the true value of the sale to India’s shoppers.

The battle of the discounts was led primarily by Flipkart and Amazon. Flipkart’s average additional discounts by category actually exceeded Amazon’s in three out of six categories, and it discounted more products that Amazon across all categories.

To read the entire article on www.dataweave.com/blog, click here.

--

--

DataCrafts @ DataWeave
DataWeave

We aggregate noisy public data on the Web and transform it into actionable insights for businesses.