Appliance sales spurt 30 per cent in Navratri season; e-commerce contribution rises
4 years, 1 month ago

Appliance sales spurt 30 per cent in Navratri season; e-commerce contribution rises

India TV News  

Appliances and consumer electronics companies have reported high double-digit growth in sales during this Navratri season, with e-commerce platforms seeing good traction as shoppers opt for contactless buying. Leading manufacturers like Sony, LG and Panasonic have reported over 30 per cent jump in sales year-on-year during the 10 days of Navratri and Dussehra this festive season. "We have seen a positive start to this festive season with a 30 per cent growth across air conditioner, refrigerator, washing machine and microwave categories over last year.the demand for LEDs has surpassed the supply," said Manish Sharma, president and CEO of Panasonic India and SA. We have registered a growth of around 31 per cent in home appliances," LG Electronics India VP - Home Appliances Vijay Babu said.

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History of this topic

Amazon India Sees Festive Surge in Luxury Sales: Apple Tablets, Beauty Segment Soar
1 month, 3 weeks ago

Amazon India Sees Festive Surge in Luxury Sales: Apple Tablets, Beauty Segment Soar

Live Mint  

Amazon India witnessed a surge in luxury product sales during the Amazon Great Indian Festival (AGIF) 2024. Apple tablets and smartphones saw significant growth, with Apple tablets experiencing a 10-times increase and Samsung tablets growing by 5 times. The fashion and beauty segment also saw a 400 per cent spike in premium categories, with watches, fragrances, and handbags seeing a …

Retailers To Log Growth Of 10-12%, E-Commerce Firms To See 28% Surge In Sales In Festive Season
1 year, 2 months ago

Retailers To Log Growth Of 10-12%, E-Commerce Firms To See 28% Surge In Sales In Festive Season

ABP News  

Retailers expect 10-12 per cent growth in sales during the festive season this year on account of an upward projection in consumer sentiment, a report by Wright Research said. The report also noted that e-commerce firms are expected to report a 28 per cent increase in sales during the period. Wright Research’s founder, Sonam Srivastava, said, “We The festive season …

Festive sales: A mixed bag for consumer durables
2 years, 1 month ago

Festive sales: A mixed bag for consumer durables

Live Mint  

The recently-concluded festive season has been somewhat chaotic for consumer durables and appliances manufacturers. However, Bengaluru-based retail tech platform Arzooo, which offers logistics and supply chain support services to offline electronics stores in smaller towns, said televisions, washing machines and refrigerators saw tremendous growth in sales. Unlike some retail chains that complained of poor offtake of refrigerators, Arzooo’s co-founder and …

2 Lakh Cars and SUVs to be Sold Between Navratri and Diwali, 8 Lakh Booked Already
2 years, 2 months ago

2 Lakh Cars and SUVs to be Sold Between Navratri and Diwali, 8 Lakh Booked Already

News 18  

With the festival season in full swing, automobile dealers expect a huge spike of around 40 percent in car and two-wheeler sales in the run-up to Diwali across the country. Auto dealers say that between Navratri and Diwali, nearly two lakh passenger vehicles are likely to be sold while around 8 lakh units so far have been booked. Similarly, according …

Amazon registers 80% buyers from smaller cities this festival season sale
2 years, 2 months ago

Amazon registers 80% buyers from smaller cities this festival season sale

The Hindu  

E-commerce platform Amazon India has recorded the highest growth in the festive season sale, with 80% of the buyers coming from tier 2 and beyond towns. Mobiles and accessories saw strong double-digit growth this season as compared to Amazon Great Indian Festival 2021 and 5 times higher when compared to average business days, with 80% of customers coming from Tier …

Shoppers Stop forecasts festive quarter to top pre-pandemic levels
2 years, 2 months ago

Shoppers Stop forecasts festive quarter to top pre-pandemic levels

Live Mint  

India's Shoppers Stop said on Thursday its sales for the festive season would beat pre-pandemic levels on demand for gifts as well as occasion and winter wear from the country's affluent, after reporting a 60% jump in quarterly revenue. Shoppers Stop would report sales growth in the mid- to high-teens percentage range, compared with pre-COVID sales growth levels, with stores …

TV, Washing Machine, Ovens: Festive Season May See Surge In Consumer Durable Demand
2 years, 2 months ago

TV, Washing Machine, Ovens: Festive Season May See Surge In Consumer Durable Demand

News 18  

This festive season, demand for premium home appliances and electronics is expected to surge this festival season. “Based on past trends, these four products are expected to drive the growth of the consumer durable industry growth during this festive season as well,” GfK Market Intelligence, which tracks sales of electronics items, said. The fact that certain significant sectors experienced strong …

TV sets, mobiles top list of Dasara sales, Bajaj Electronics aces experience
2 years, 2 months ago

TV sets, mobiles top list of Dasara sales, Bajaj Electronics aces experience

Deccan Chronicle  

HYDERABAD: The upcoming Dasara festival heightened the enthusiasm for purchasing electronic items even as people rushed out of their online shopping inertia to rush to electronic outlets across the city to buy their favourite electronic items during the festive season. Karan Bajaj, CEO, Bajaj Electronics and Electronics Mart of India, said, “The sale of electronics, especially TVs, mobile phones and …

Festive season to see over Rs 1.44 lakh crore in smartphone sales, 15.6 mn 5G phones likely to be sold: Techarc
2 years, 2 months ago

Festive season to see over Rs 1.44 lakh crore in smartphone sales, 15.6 mn 5G phones likely to be sold: Techarc

Firstpost  

The Indian smartphone industry will sell about 51.7 million smartphones, with 15.6 million of them, being 5G smartphones. Techarc, a marketing, analytics, and research consulting firm estimates that the market will see around 51.7 million smartphones being sold during this festive season, with at least 15.6 million of them, being 5G smartphones. Techarc’s data shows that the festive season sale …

Festive Season 2022: Clothing, Lifestyle Product Sales Seeing Record Growth; Check Details
2 years, 3 months ago

Festive Season 2022: Clothing, Lifestyle Product Sales Seeing Record Growth; Check Details

News 18  

Even as the festive season 2022 is about to start next week with Navratri, clothing and lifestyle items are witnessing a record jump in sales in the past few weeks. Clothing and lifestyle retailers as well as malls said they expect demand at a decadal-high during this festive season, according to an ET report. According to the report, Lifestyle International …

India will see smartphone sales worth Rs 61,000 crore this festive season, says report
2 years, 3 months ago

India will see smartphone sales worth Rs 61,000 crore this festive season, says report

Firstpost  

The Indian smartphone market will see transactions worth Rs 61,000 crore during the festive season, with 61 per cent of it coming from e-commerce platforms like Amazon and Flipkart. In what may be a record for the global smartphone market, India may see smartphone sales to the tune of Rs 61,000 crore this festive season. India’s smartphone market is entering …

Samsung Expects 45% Sales Growth in Consumer Electronics In Festive Season
2 years, 3 months ago

Samsung Expects 45% Sales Growth in Consumer Electronics In Festive Season

News 18  

Riding on its premium segment offerings, Samsung on Friday said it expect 45 per cent growth in its consumer electronics sales during the festive season. Mohandeep Singh, Senior Vice President, Consumer Electronics Business, Samsung India, told IANS that across its consumer electronics portfolio, “we are expecting a growth of 80 per cent in the premium segment". As India enters the …

Brands, retailers bank on festive sales
2 years, 3 months ago

Brands, retailers bank on festive sales

Live Mint  

Consumer electronics manufacturers, and online and offline retailers, are relying on the festive season to recoup a tough year for sales so far. The industry is hoping that deep discounts during the festive season, along with new product launches, and consumers’ looking to upgrade to 5G phones, will help make up for the sales lost during the first half of …

TV and home appliances prices in India set to increase by 10 per cent from January
3 years, 11 months ago

TV and home appliances prices in India set to increase by 10 per cent from January

India Today  

The cost of televisions, refrigerator and other home appliances can go up by as much as 10 per cent, in the second week of January, due to the rise in cost of input materials like copper, aluminium and steel and increase in ocean and air freights charges. This would be across brands and applies to categories like televisions, refrigerators, washing …

E-commerce firms push electronics sales
4 years, 1 month ago

E-commerce firms push electronics sales

Live Mint  

E-commerce firms Flipkart and Amazon as well as omni-channel retailers such as Reliance Digital are making a final push towards big-ticket electronic and smartphone sales in the last leg of Diwali, with heavy discounts and quick delivery methods. Amazon India's month-long 'Great Indian Festival’ sale, which is drawing to a close on 13 November, saw over 1.5 million customers buying …

Flipkart Group garners 68% of Rs 29,000cr festive sales: Report
4 years, 1 month ago

Flipkart Group garners 68% of Rs 29,000cr festive sales: Report

India TV News  

Riding on a shopping surge in smaller towns and cities, Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68 per cent of the total sales as the country saw a massive 55 per cent growth with $4.1 billion goods being sold across ecommerce platforms. Flipkart Group and Amazon together accounted for over 90 per cent …

E-commerce garners Rs 22,000 crore sales in four days of festive sales event
4 years, 2 months ago

E-commerce garners Rs 22,000 crore sales in four days of festive sales event

Deccan Chronicle  

Chennai: E-commerce has raked in Rs 22,000 crore during the first four days of the initial festive season sales event. October 15- 19, the first four days of the seven-day festive sales event saw $ 3.1 billion of Rs 22,000 crore of goods sold online by brands and sellers, as per the data from RedSeer Consulting. E-commerce players have achieved …

Pandemic-led buying to push online festive sales to touch $7bn GMV
4 years, 3 months ago

Pandemic-led buying to push online festive sales to touch $7bn GMV

Live Mint  

Bengaluru/New Delhi: E-commerce companies are gearing up for bumper festive season sales this year, over the next two months, with consumers expected to continue shopping online due to the pandemic. Festive season sales are expected to almost double in the next two months alone and touch $7 billion in gross merchandise value, compared to $3.8 billion in GMV sales in …

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