Thu Sep 05 01:00:18 UTC 2024: – Quick commerce startups in India are expanding into the festival season, challenging established online marketplaces like Amazon and Flipkart
– Companies like Zomato’s Blinkit, Zepto, and Swiggy Instamart are adding costlier items and expanding stores
– Zepto is launching new dark stores in cities like Ahmedabad, Kanpur, and Chandigarh and is expanding into new categories
– BigBasket is set to offer large appliances, smartphones, and other high-value items in 30-60 minutes
– India’s festival season is critical for manufacturers and retailers, with high spending from consumers
– E-commerce companies expect sales to jump 35% this festive season
– Quick commerce platforms may partner with brands for large appliances and other high-value items
– Amazon and Flipkart are gearing up for the festive season by adding more products and speeding up deliveries
– Global brokerage firm CLSA expects top quick commerce players to reach $10 billion in gross order value by FY26
– Quick commerce and e-commerce platforms offer different advantages and cater to different consumer needs, with e-commerce offering wider selection and quick commerce focusing on speed and convenience
– Ease of payment options, such as EMIs and credit card offers, are a major plus point for consumers
– Quick commerce partners have been preparing for the festive season since the June quarter
– Quick commerce companies may face restrictions in managing stock-keeping units, leading them to list only top-selling products.

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