Festive Season Sale In E-Commerce Portals Reported 28 Per Cent Increase The report also added that there was over 32 per cent YoY progress in festival order volumes for tier III cities and over 20 per cent progress in tier II volumes

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

E-commerce platforms like Amazon, Flipkart has reported an increase in the number of orders received, and the total e-commerce reported a 28 per cent increase in order quantity in the first two days of festival sale 2022 when compared to the first two days of the festival sale of 2021.

According to Unicommerce, a SaaS platform for post-purchase expertise administration, it is stated that, "Overall e-commerce reported 28 per cent order volume growth during the first two days of the festive season sale of 2022 as compared to the first two days festive sale of 2021. It has also found out that the personal care sector is the fastest growing, with over 70 per cent year-on-year (YoY) order volume growth during the first two days of the festive season sale of 2022.

In addition to this, Unicommerce also added that there was over 32 per cent YoY progress in festival order volumes for tier III cities and over 20 per cent progress in tier II volumes. Tier I cities reported a 28 per cent growth in order quantity progress.

Commenting on the same, Utkrishta Kumar, CXO, Business of Meesho, was quoted in the report as saying, "With 85 per cent of orders and 75 per cent of sellers coming from tier II cities, we are humbled to have created a far-reaching impact in the deepest corners of the country. We will continue to fuel the discoverability of hyperlocal businesses and products, empower MSMEs and further boost accessibility and affordability for our heterogenous base of consumers."

"While the segments have reported a 7 per cent YoY order volume growth, its huge growth in absolute terms, considering the high order volumes," added the Unicommerce.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

Citigroup Eliminated More Jobs This Week. Here's Which Roles Were Affected.

Citigroup aims to cut 20,000 jobs by 2026 and is now more than halfway to its goal.

Leadership

4 Business Books All Entrepreneurs Should Read

There are countless business books out there, but let's be honest: Not all of them live up to the hype. Here are the four I'd actually recommend to all current and aspiring entrepreneurs.

Growing a Business

What is Blue Ocean Strategy? 3 Key Strategies to Build a Business in an Uncontested Market

Exploring "Blue Ocean" opportunities involves navigating uncharted territory where few understand the problem, offering both excitement and risk.

Data & Recovery

Making a Career Change? Consider this Fast-Growing Industry.

Cybersecurity has continued growth and, therefore, job security.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Management

Our CTO Gave Us an Unexpected Ultimatum — and It Was Every Tech CEO's Worst Nightmare. Here's How We Handled It.

After one the most pivotal moments in our company's history, our former CTO decided to hold us hostage. Upon introspection, the errors that brought us to this fateful moment were mine to own. This is a cautionary tale for budding tech entrepreneurs about managing key man risk and treating your teams right.