Back to Press Release
The Big Sale

The Big Sale

Updated On:22-July-2015

There is a big fashion sale expected in this weekend as the E-commerce websites Myntra and Snapdeal are both holding end of season sales this weekend.

Myntra's 'End of Reason' sale had a good response offering between 30 to 80% off across its range. Snapdeal on the other hand played it role offering 30 - 70% off on men's footwear, 40 - 80% off in women's fashion, and discounts on computer accessories and phones too.

Myntra recently went app-only, first of its kind to do so. However, so far it hasn't been rosy for the company. Myntra has seen a 10% dip in sales, but the online fashion portal argues that about 95% of its traffic and 70% of its sales come from the mobile platform. However, the company was confident that it will make up the loss in the following weeks.

These days, much to customers' joy, it isn't uncommon to see 'flash sales' often, as online shopping websites try and stay on top of the competition. All the go-to e-commerce websites in India -- Amazon, Flipkart, Myntra, Snapdeal, Jabong -- offer massive discounts often.
According to Morgan Stanley's recent reports, the online shopping penetration in India will increase to 36% by 2020 from 9% recorded in 2013, to be primarily led by mobile users.

Source From

:

http://www.dnaindia.com/money/report-myntra-snapdeal-fight-it-out-with-fashion-sales-this-weekend-2105733

Image From

:

http://mainelymara.com/wp-content/uploads/2011/08/SaleSign.jpg

Comments

Comment by  chandru sharma   Updated on 22-07-2015
"I slightly agree that the e commerce sale is the predominant intent to head for online shopping is to get the merchandise "
Comment by  Manikandaprabhu   Updated on 22-07-2015
"It is really interesting to see that the online purchase is having a tremendous reach nowadays.The online sale will be better if and only if accompanied by the attractive discounts and good collections."
  Share