E-trade major Snapdeal has pumped in $three hundred million (approximately Rs. 1,990 crores) over the past 18 months to bolster its deliver chain and logistics and facilitate the growth in shipment volumes.
The metropolis–based company has seen 1.9 instances increase in shipment volumes from 1.29 lakheach day shipments final year to two.5 lakh this year.
“we’ve seen a giant boom of 1.9 instances in cargo volumes. that is due to boom in collection on Snapdeal from 12 million to 35 million over the yr. we’ve got also improved our seller base which helpedincrease shipments,” Snapdeal leader client experience Officer Jayant Sood advised PTI.
He brought that reviews with the aid of percent and RedSeer Consulting endorse that Snapdeal’s promised transport time is the shortest throughout India.
“The variety of sellers on our platform has multiplied three fold from 1,00,000 at the start of 2015 togreater than three,00,000 in 2016… we’ve got invested $three hundred million towards logistics andconsumer revel in,” he stated.
He added that the organisation has 2 million squaretoes of warehousing space throughout sixty threewebsites and forty five cities.
Sood said the seller growth has additionally led to a massive increase in the products to be had on its platform.
“not like other competing marketplaces, which have their own sellers below diverse arrangements, wehave no such conflicting hobbies. This makes Snapdeal more appealing for dealers,” he stated.
He said the organisation has visible 60 percent month-on-month increase in FMCG income, whilst the books category grew through 300 percentage. additionally, there may be a sturdy increase in uptakeinside the home decor category.
“This blend of growth of high frequency classes drives high repeat utilization, that’s enabled by way ofdependable revel in whenever,” he added.
besides, sharp focus on repeat users and initiatives like same day refunds is assisting Snapdeal “chart aawesome course“, he stated.
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Tags: Apps, E trade, India, internet, Snapdeal
