Flipkart, snapdeal sell products worth Rs 600 crore each in a day, Online Retailers Report

flipkart2_660_062314040241_100614103100New Delhi: In one of the biggest sales days in Indian online retail market, Flipkart and snapdeal on Monday sold products worth an estimated Rs 600 crore each even as customers complained about technical glitches, while global e-retailer Amazon continued its own pre-Diwali campaign.

We got a billion hits on our site today and achieved our 24 hour sales target of USD 100 million in GMV (gross merchandise value) in just 10 hours,” Flipkart co-founders Sachin Bansal and Binny Bansal said in a joint statement.

The Big Billion Day is an unprecedented day for us as this is the biggest sale ever in India. With a range of exciting offers on quality products at disruptive prices available throughout the sale period, we have created history in Indian e-commerce,” the joint statement said.

Customers, however, complained of technical glitches and slow response on Flipkart website. They took to social media websites to express their dismay over the performance of the Flipkar website during the sale scheme.

The company offered huge discount on mobile phones, consumer electronics, gold coins and other merchandise products. Under the sale, Flipkart offered Nokia 1020 at Rs 19,999 which is about 60 percent less than its launch price. Similarly, the company offered heavy discounts on books. Some products were on offer at discount of over 90 percent.

Bureau Report

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