Delhi tops the chart with 88.5% spike in online shopping this festive season: Assocham


Mumbai: With e-commerce companies launching their big sale to woo shoppers, Delhi has recorded an 88.5 percent rise in online shopping during this festive season against regular online shopping that rose 56 percent, as per a report.

Industry lobby Assocham, which conducted a survey in key cities like Ahmedabad, Mumbai, Delhi-NCR, Chennai, Bangalore, Hyderabad and Kolkata, noted that about 82 percent of Delhiites prefer shopping online.

Mumbai came in second (80.5 percent), Ahemdabad (78 percent) at third, Bangalore (75 percent) ranks fourth and Hyderabad fifth at 72.5 percent.

The respondents included 350 professionals, officers and executives across various industry sectors including manufacturing, real estate, automobile, healthcare, retail, hospitality.

The e-commerce market was worth about $ 2.5 billion in 2009, touched $ 8 billion in 2015 and is expected to touch whopping $ 56 billion by 2023.

Delhi, Mumbai and Bengaluru lead in terms of the sales, but there is also a huge surge of interest from tier II and tier III cities like Gurgaon, Noida, Chandigarh, Nagpur, Indore, Coimbatore, Jaipur, Vishakhapatnam where online sales have increased by 120 percent year-on-year, the survey noted.

During the sale, mobile phone is the most searched category online followed by apparel, computers and tablets, electronics, home-kitchen appliances, accessories and books, it observed.

Most products bought and sold off through online comprise mobile phones (65 percent), electronic gadgets (58 percent), consumer durables (42 percent), gift articles (41 percent), accessories (36 percent), apparel (36 percent), computer and peripherals (33 percent), home appliances (16 percent), toys (16 percent), beauty products (12 percent), health and fitness products (12 percent), apparel gift certificates (10 percent) and sporting goods (7 percent), the survey revealed.

It noted that 35 percent of regular shoppers are in 18-25 age group, 55 percent in 26-35, 8 percent in 36-45 and 2 percent in the age group of 45-60. Almost 65 percent of online shoppers are male as against 35 percent female online shoppers.

Most e-commerce companies are targeting 40-50 percent revenue from mobile sales during the festive season.

Related Posts Plugin for WordPress, Blogger...
Nagaraju Tadakaluri
Nagaraju Tadakaluri is a Professional Web Designer, Freelance Writer, Search Engine Optimizer (SEO), Online Marketer, Multi Level Marketer (MLM) and Business Promoter. Have developed Latest Updates in hopes to educate, inform and inspire.

RIL, 9 global oil companies commit to mitigate climate change

Previous article

Aditya Birla Group enters e-commerce space, launches fashion portal

Next article

You may also like


Comments are closed.

More in Finance