Placeholder canvas

Delhi records 88.5% surge in festive online sales

Date:

Mumbai: With e-commerce companies launching their big sale to woo shoppers, Delhi has recorded an 88.5% rise in online shopping during this festive season against regular online shopping that rose 56%, as per a report.

Industry lobby Assocham, which conducted a survey in key cities like Ahmedabad, Mumbai, Delhi-NCR, Chennai, Bangalore, Hyderabad and Kolkata, noted that about 82% of Delhiites prefer shopping online.

Mumbai came in second (80.5%), Ahemdabad (78%) at third, Bangalore (75%) ranks fourth and Hyderabad fifth at 72.5%.

The respondents included 350 professionals, officers and executives across various industry sectors including manufacturing, real estate, automobile, healthcare, retail, hospitality.

The e-commerce market was worth about $2.5 billion in 2009, touched $8 billion in 2015 and is expected to touch whopping $56 billion by 2023.

Delhi, Mumbai and Bengaluru lead in terms of the sales, but there is also a huge surge of interest from tier II and tier III cities like Gurgaon, Noida, Chandigarh, Nagpur, Indore, Coimbatore, Jaipur, Vishakhapatnam where online sales have increased by 120% year-on-year, the survey noted.

During the sale, mobile phone is the most searched category online followed by apparel, computers and tablets, electronics, home-kitchen appliances, accessories and books, it observed.

Most products bought and sold off through online comprise mobile phones (65%), electronic gadgets (58%), consumer durables (42%), gift articles (41%), accessories (36%), apparel (36%), computer and peripherals (33%), home appliances (16%), toys (16%), beauty products (12%), health and fitness products (12%), apparel gift certificates (10%) and sporting goods (7%), the survey revealed.

It noted that 35% of regular shoppers are in 18-25 age group, 55% in 26-35, 8% in 36-45 and 2% in the age group of 45-60. Almost 65% of online shoppers are male as against 35% female online shoppers.

Most e-commerce companies are targeting 40-50% revenue from mobile sales during the festive season.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Donald Trump Could Owe Over USD 100 Million In Taxes If He Loses Audit Case: Report

According to an Internal Revenue Service inquiry uncovered by The New York Times and ProPublica, Trump used a "dubious accounting manoeuvre" to claim improper tax breaks from his troubled Chicago tower

IPL 2024: Delhi Capitals Win Toss, Decide To Bat Against RCB 

Bengaluru are standing in seventh place on the standings with seven points after winning 5 of 12 matches in the tournament

Delhi: After Two Hospitals, International Airport Gets Bomb Threat

" An email was received at Burari Hospital regarding a bomb threat. Local Police, bomb squad and dog squad were rushed to the spot. Teams are checking the hospital and nothing suspicious has been found yet" Deputy Commissioner of Police (north) MK Meena said

IPL 2024: CSK Keep Playoffs Hopes Alive With Five-Wicket Win Over RR

With this win, CSK is in the third spot with seven wins and six losses, giving them 14 points. RR is at second spot, with eight wins and four losses, giving them 18 points