Business
Flipkart delivers unmatched value for first-time sellers, artisans and kiranas, this Big Billion Days
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2 years agoon
- Records over 1 Billion customer visits during the festive days and 35 million app downloads in the run-up to The Big Billion Days (TBBD)
- Growth in the number of first-time sellers was over 100% and more than 50% of the transacting sellers saw a 1.5X increase in their business
- More than 100% increase in the number of crorepati sellers year-on-year
- With 4 million first-time customers this TBBD, the platform registered 3 sarees and 2 kurtis being sold every second, premium mobile phones costing Rs. 20,000 and upwards comprising almost 50% of the total mobiles sold
- Artisans, weavers, women and rural entrepreneurs under the Samarth initiative grew 300% on the platform and witnessed their revenue increase by 400%
- Several D2C brands saw 200-300% growth in customers, with top categories being Grooming, Food and Nutrition, Lifestyle and Travel
- Affordability constructs such as Flipkart Pay Later and Axis Bank Credit Card grew by 4x
- Travel category observed an uptick, with more travelers choosing Shirdi and Varanasi as top destinations
- 45% increase in customers choosing a vernacular language for festive purchases
- 10M+ users played the game Coupon Rain & 2.6M customers interacted with the game daily
- Flipkart’s Live Commerce registered more than 4.5 Million visits through 160+ live stream events, while over 5 million customers used Image Search
- More than 4 lakh users participated, and over 60% Culture Spark NFTs by eDAO have been claimed in the gamified TBBD NFT Treasure Hunt
- More than 55 million visits on the unique 3D AR viewing catalogue across various categories
Bengaluru – September 30, 2022: The ninth edition of The Big Billion Days (TBBD), Flipkart’s annual flagship event, achieved a significant milestone of over 1 billion customers visiting the platform during the 8-day long festival, delivering immense value for the entire ecosystem, driven by the levers of innovation, affordability, inclusion, value, and convenience. It demonstrates a strong adoption of ecommerce across the country with more than 60% of customers coming from Tier-2 and -3 cities. Flipkart served millions of customers in the remotest parts of the nation such as Khonsa in Arunachal Pradesh, and Port Blair, Medinipur, Bankura, Puri and Bhagalpur being among the top 10 Tier-3 cities from where Flipkart’s customers shopped the most. Customers, sellers, kiranas and artisans alike have found synergy with Flipkart’s compelling value proposition, with the company’s unveiling of its new and innovative offerings.
Manjari Singhal, Senior Director – Customer, Growth, and Events, Flipkart, said, “As a homegrown e-commerce marketplace, we understand the aspirations of both our and sellers. We are constantly striving to uplift the entire ecosystem through our tailored offerings and innovations. This Big Billion Days has already fostered immense growth opportunities for our sellers, brands, transport and Kirana delivery partners, with the help of bespoke financial offerings accessible on the platform, better revenue-generating avenues for them, and expanded reach across the nation. In its ninth year now, The Big Billion Days has evolved into an experience that nationwide customers and sellers look forward to, and we will continue to make concerted efforts to create value for the entire ecosystem.”
Creating value for the entire ecosystem
Sellers: More than 50% of Flipkart’s transacting sellers saw a 1.5x increase in their business. TBBD 2022 marked more than 100% increase in crorepati sellers on the marketplace since the last edition, underscoring the positive impact partnering with Flipkart has had on their business.
Kiranas: Kiranas witnessed greater participation, and in the first few days of TBBD, the Kirana partners have delivered millions of shipments and are making 10% higher deliveries.
Samarth: The number of artisans, weavers and entrepreneurs debuting under the Flipkart Samarth program this year has grown by 5X, and they have seen their revenue increase by 400%, showcasing the success of Flipkart’s efforts towards bringing underserved communities, businesses, and entrepreneurs into the mainstream economy. Handmade furniture and handicraft products emerged as some of the popular items showcased by Samarth artisans, weavers and entrepreneurs.
Category performance
India truly upgraded this Big Billion Days with categories like Mobiles, Electronics, and Large Appliances witnessing a growth of over 70% and 30% each, respectively, in the uptake of premium products over the last BBD.
- Fashion and lifestyle continued to be a big attraction in Tier-2 and -3 cities, with suitcases, running shoes, men’s jeans and footwear being some of the top-selling products, drawing in 45% more customers over last year. The segment saw 3 sarees and 2 kurtis being sold every second. As many as 250 shoes, 200 kids’ clothing & fashion wear and 7 t-shirts and 4 Bottomwear (jeans + trousers) were sold every minute.
- Electronic devices, including laptops, true wireless audio devices and smartwatches, saw over 20% growth, with the student community driving the majority of the demand.
- Beauty and general merchandise categories saw a 30% jump, with diapers, wipes, moisturizers, toothpastes, pressure cookers, gas stoves and double bed sheets being the most bought products. Close to 25% of users who browsed for Makeup products, used the Virtual Try-On feature.
- Grocery witnessed a 2.3x increase in new customers using the platform; the number of cities shopping for groceries more than doubled to almost 1,700 this TBBD. Nearly 70% of the grocery demand was recorded from Tier-2 and -3 cities including Guwahati, Indore, Lucknow, Nagpur, Patna and Vijayawada.
- Furniture retained its status as a fast-growing category, with 35% increase in customers in TBBD 2022. Of those who bought bed mattresses, kids tables and kitchen trolleys, 40% chose the affordability construct .
- Large Appliances saw TVs, washing machines and refrigerators as the top choice, while small home appliances such as juicer-mixer-grinders, induction cooktops and fans saw significant traction. Customers, choosing the ‘product exchange’ option, grew 20%.
- Healthcare, food and nutrition products such as Whey Protein, health food drinks, chyawanprash, dry fruits, chocolates, tea, peanut butter and olive oil saw high interest from customers. Vitamins and gummies drew a strong demand, especially in metros.
- Premium mobile phones costing Rs. 20,000 and upwards comprised almost 50% of the total mobiles sold. More than 44% of the buyers of premium mobile phones came from Tier-2 and Tier-3 cities.
- Several D2C brands saw 200-300% growth in customers this TBBD with Grooming, Food and Nutrition, Lifestyle and Travel driving growth.
Flipkart app scores high
As India prepared their wishlist for the festive shopping, 35 million app downloads happened in the run-up to the TBBD (on Android and iOS play store), with 1 in 5 new customers choosing the vernacular experience. Brand Mall and Virtual Try saw an adoption of over 22% and 40%
respectively, while there were more than 55 million visits on the unique 3D AR viewing catalogue across various categories
Financial constructs drive affordability, convenience and inclusivity
The EMIs constructs drove 2x of average order value compared to credit card full swipe, enabling shoppers to make high-value purchases across the Large Appliance, Furniture, Mobiles & Electronics categories.
Flipkart Axis Bank Credit Card with the Instant Discount & Unlimited Cashback proposition witnessed 2x increase in overall spending and customers using the credit card when compared to last year’s TBBD. Flipkart Gift Cards registered a growth of 80% in sales and 28% in redemption when compared to TBBD 21.
Travel gets a boost
A 140% increase observed for advance bookings for travel next year is reflective of the strong desire for Indians to step out and travel. Bhubaneswar, Goa and Jaipur were among the most popular domestic destinations, while Bangkok, Maldives and Singapore topped the international travel of choice. Tourism for destinations such as Shirdi and Varanasi also saw a rising interest. Bookings for 4- and 5-star properties were 350% higher, signifying how customers are moving towards luxury travel and hence such demand.
Health goes strong
The availability of Medicines on Flipkart, powered by Flipkart Health+, has seen positive adoption. Over 65% of orders for medicines and healthcare products on Flipkart Health+ and Medicines on Flipkart were from Tier-2 and Tier-3 cities.
New offerings and games excite
To reach out to Tier-2 and beyond cities and help customers discover the wide selection on Flipkart, more than 150 million personalised and curated Whatsapp messages were shared with Flipkart shoppers. Additionally, ~10Mn personalised video messages in Hindi and English were sent, featuring Alia Bhatt, addressing users by their name and sharing a sneak peek into the best of offers on Fashion & Lifestyle products. 38% of these customers visited the app to know more.
Shopsy, Hypervalue ecommerce platform, sees strong adoption in Bharat
This TBBD, Shopsy has scaled by 5X with a strong adoption from Tier-2 and -3 cities. The platform observed heightened participation from Bharat, with nearly 60% consumers and local sellers coming from Tier-3 cities.
Jeeves makes its mark
Flipkart’s service arm, Jeeves, completed 2 lakh installations across 19,000 pin codes during TBBD. Jeeves provides customers hassle-free end-to-end post-purchase solutions across 40+ product categories.
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