The battle between e-commerce corporations to faucet the festive season is intensifying additional as Walmart-owned Flipkart is preponing the launch date of its greatest flagship occasion, The Huge Billion Days (TBBD) to October 3. This can be a day earlier than rival firm Amazon is launching its festive occasion, ‘The Nice Indian Pageant’ (GIF) 2021 which can begin from October 4, 2021 for a month.
Earlier Flipkart had stated it would kick off the TBBD, a 6-day occasion, from October 7 to 12, 2021. In an electronic mail addressed to the staff, Kalyan Krishnamurthy, chief government officer, Flipkart Group stated the corporate has the potential to make a deep optimistic affect on the lives of everybody who engages with it. Protecting this in thoughts, he stated the agency is standing true to Flipkart’s values, being audacious, biased to motion, and customer-centricity and have determined to make this Huge Billion Day Greater for all stakeholders.
“To allow this we’re going to make some adjustments to our plans for Huge Billion Days 2021,” stated Krishnamurthy, in an electronic mail to the staff and which has been seen by Enterprise Customary. “We are actually kick-starting this occasion on October 3 and making it an eight-day occasion, ending on October 10.”
The purchasers could be up to date by the app and web site.
The occasion will see tens of millions of shoppers, sellers, small companies, artisans, Kiranas, manufacturers and e-commerce ecosystem companions come collectively for the upcoming festive season. This yr, The Huge Billion Days will deliver forth a number of new alternatives for homegrown manufacturers and sellers to have a good time with shoppers throughout the nation, from metros to Tier 2 cities and past.
Krishnamurthy stated, over the previous couple of years, BBD has turn out to be synonymous with the festive season in India, centered on assembly client aspirations, offering sellers, MSMEs and artisans a platform to drive development whereas creating lakhs of jobs.
“This isn’t simply our festive occasion, an occasion that encompasses the bigger ecosystem that Flipkart and our companions have helped in constructing,” stated Krishnamurthy. “This ecosystem is one among a form and offers an impetus for various companies, manufacturers and companions to return collectively and provide new thrilling worth propositions for shoppers.”
Flipkart continues to strengthen its vendor base and is on observe to have 4.2 Lakh sellers on its platform by December 2021. At present, the Flipkart Market helps digital commerce for 3.75 Lakh sellers. Flipkart has already onboarded 75,000 new sellers on its platform over the previous couple of months as MSMEs, and small enterprise entrepreneurs proceed to be enthused by the potential of e-commerce forward of the festive season. The brand new sellers and MSME base predominantly come from Tier 2 and three markets reminiscent of Agra, Indore, Jaipur, Panipat, Rajkot and Surat.
“Based mostly on client behaviours we’ve been observing, we all know shoppers immediately are centered on worth and high quality and we’re dedicated to delivering on this entrance,” stated Krishnamurthy. “The Huge Billion Days is our dedication to satisfy this requirement in a secure and environment friendly means.”
Flipkart Wholesale, the digital B2B market of the e-commerce agency by its partnerships with lending companions and fintech establishments goals to supply a number of credit score choices to greater than 1.5 million Kiranas and SMEs (small and medium enterprises) to assist them handle their working capital necessities and develop their enterprise.
Krishnamurthy stated there are tens of millions of sellers who’ve joined the agency on this journey this yr, and for a lot of of them, the Huge Billion Days is important as they proceed to try to revitalise their companies which have been adversely affected by this unprecedented pandemic. “Let’s additionally not overlook the size of employment that this occasion drives by an in depth provide chain that may assist make the festivities a actuality for quite a few households,” stated Krishnamurthy.
He thanked the staff for his or her dedication and continued effort that may make BBD attainable, enabling the agency to make a optimistic distinction.
“All of you may have labored relentlessly over the previous few months, and l know every Flipster’s (workers) dream is to ship experiences and alternatives for the complete ecosystem we work with and assist realise a billion ambitions,” stated Krishnamurthy.
E-commerce corporations Amazon, Flipkart, and others are anticipated to witness blockbuster festive season gross sales of about $9 billion this yr surpassing the pre-pandemic gross sales of $5 billion witnessed through the festive month in 2019, in accordance with analysis agency RedSeer.