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	<title>Festive Season Sale - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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	<title>Festive Season Sale - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>Festive Season Sale Wraps up with 14% volume growth over last year </title>
		<link>https://newsmantra.in/festive-season-sale-wraps-up-with-14-volume-growth-over-last-year/</link>
		
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		<pubDate>Fri, 08 Nov 2024 06:33:07 +0000</pubDate>
				<category><![CDATA[Corporate Press Release]]></category>
		<category><![CDATA[Festive Season Sale]]></category>
		<category><![CDATA[Unicommerce]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=49382</guid>

					<description><![CDATA[<p>~ Strong performance by new categories like gaming accessories, travel accessories and health devices ~  ~ Beauty &#38; makeup products, dietary foods, healthy snacks &#38; supplements, kids apparel as well as kitchenware were the other highlights during this year’s festive season sales ~  ~ Tier 3 towns trump Tier 2...</p>
<p>The post <a href="https://newsmantra.in/festive-season-sale-wraps-up-with-14-volume-growth-over-last-year/">Festive Season Sale Wraps up with 14% volume growth over last year </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong><em>~ Strong performance by new categories like gaming accessories, travel accessories and health devices ~</em></strong><strong> </strong></p>
<p><strong><em>~ Beauty &amp; makeup products, dietary foods, healthy snacks &amp; supplements, kids apparel as well as kitchenware were the other highlights during this year’s festive season sales ~</em></strong><strong><em> </em></strong></p>
<p><strong><em>~ Tier 3 towns trump Tier 2 cities with higher volumes ~</em></strong><strong><em> </em></strong></p>
<p><strong>07th November 2024, Bengaluru:</strong> The festive season sale 2024 has wrapped up on a positive note, with <strong>order volumes higher by over 14% YoY</strong>. The period also witnessed<strong> </strong>a <strong>GMV growth of over 18% </strong>compared to the Diwali sales in 2023.</p>
<p>Analysis by Unicommerce, one of India’s leading e-commerce enablement SaaS platforms, highlights that while the entire sale period presented multiple purchase opportunities, most of the buying happened during the initial days of the season sale. Exciting discounts offered continued throughout the month-long sale event, including sales for Navratri, Dussehra, Dhanteras and Diwali followed by Govardhan puja and Bhai Dooj.</p>
<p>Based on the analysis of orders processed on Unicommerce’s platform, relatively new e-commerce categories that were the top performers this year included <strong>travel accessories </strong>and <strong>health devices </strong>which noted a significant <strong>over 100% YoY order volume growth </strong>for each category. The <strong>gaming accessories</strong> segment also witnessed a remarkable <strong>over 85% YoY order volume growth</strong> during this period.</p>
<p>Other traditional categories which made a strong impression this festive season were <strong>beauty &amp; makeup </strong>products with a whopping <strong>over 100% order volume growth </strong>this season as compared to the previous year. <strong>Toys &amp; baby products and kids apparel </strong>also recorded higher order volumes with <strong>over 50% and 30% YoY</strong> growth respectively. <strong>Dietary foods, healthy snacks &amp; supplements</strong> as well as <strong>kitchenware products</strong> noted <strong>over 40% and 30% order volume growth</strong> respectively during this period as compared to the festive sale last year.</p>
<p>Tier III cities and beyond areas outperformed tier II towns with <strong>higher market share of 36.4% in terms of order volumes</strong> as compared to that of <strong>tier II towns </strong>which stood at <strong>23.5%.</strong> The market share of tier I cities and metropolitans was however the <strong>highest </strong>this year at <strong>40.1%</strong>.</p>
<p>Brands and e-commerce companies continue to tackle order returns with the help of technology as the festive rush puts a greater load of orders on these platforms. Some of the categories that saw reduction in order returns this year were <strong>electronics &amp; gaming accessories</strong> where returns fell from <strong>20.5% in 2023 to 16% in 2024</strong>. The <strong>Books </strong>segment also noted reduced returns which accounted for <strong>14% in 2023 </strong>and were down to <strong>11.5% in 2024</strong>. The <strong>travel accessories category</strong> also saw a decrease in order returns from <strong>20.2% in 2023 to 18% in 2024</strong>.</p>
<p>E-commerce sale events continue beyond the festive season sale, with many more upcoming sales, including the Black Friday Sale, Christmas Sale and the Year-end Sale.</p>
<p>The post <a href="https://newsmantra.in/festive-season-sale-wraps-up-with-14-volume-growth-over-last-year/">Festive Season Sale Wraps up with 14% volume growth over last year </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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