Friday, November 6, 2015

BWI: Ugam Analysis Reveals Amazon's Pricing and Assortment Strategies During The Great Indian Diwali Sale

 
Source : Ugam Solutions
Friday, November 6, 2015 11:00AM IST (5:30AM GMT)
 
Ugam Analysis Reveals Amazon's Pricing and Assortment Strategies During The Great Indian Diwali Sale
The study, conducted at the onset of the Diwali sale season, highlights key pricing and assortment insights across the top three eCommerce retailers
 
Mumbai, Maharashtra, India

Ugam, a global leader in managed analytics, announced its pricing and assortment intelligence analysis of the recently concluded Amazon Great Indian Diwali Sale revealing insights on Amazon’s pricing competitiveness and assortment strategies for the festive season.
 

The study synthesized a list of likely bestselling products across three categories – laptops, home appliances, books – and compared Amazon’s assortment and pricing to that of Flipkart and Snapdeal.
 
Key pricing findings: Amazon dominated the sale period, offering the lowest prices in 2 out of the 3 categories
 

  • In home appliances, Amazon offered 6% and 4% lower prices compared to Snapdeal and Flipkart, respectively
  • In laptops, Amazon offered 5% higher prices compared to Snapdeal and tied prices with Flipkart
  • In books, Amazon offered 53% and 26% lower prices compared to Snapdeal and Flipkart, respectively
  • When compared to Flipkart Big Billion Days Sale, Amazon Great Indian Diwali Sale offered lower prices in the home appliances and books categories
 
Key assortment findings: Amazon may not have always had the largest assortment, but it was well stocked on the likely bestsellers
 
  • On October 28, 2015, Amazon offered the largest assortment of books, however it lagged in the laptops and home appliances categories
  • During the sale period (Oct 26-28, 2015), 4 out of the 5 likely bestselling laptops and all likely bestselling home appliances and books were in stock on Amazon
 
 
Mihir Kittur, Co-Founder and Chief Innovation Officer, Ugam said, “The sales during the festive season are crucial for every retailer. As the competition intensifies and consumer choices increase, offering the right products at the right prices becomes all the more important for driving better business results. In this hyper competitive and information transparent environment, knowing everything about customers is not enough. Big data analytics is a critical capability that can be leveraged to get a comprehensive view of both customers and competitors to make informed pricing, assortment and promotional decisions.”
 
Analysis methodology
 
To conduct this analysis and infer meaningful insights, Ugam used its proprietary Assortment Intelligence solution to identify trending products by collecting and analyzing consumer demand data for three categories – laptops, home appliances and books. It then aggregated detailed pricing information from Amazon, Flipkart and Snapdeal to determine who was selling these products and at what price.
 
For more information on Ugam’s Assortment and Pricing solutions, please visit:  
About Ugam
 
Ugam is a global leader in managed analytics that helps retailers, brands and market research firms transform big data into valuable insights. The company’s unique managed services offering combines a proprietary big data technology platform with deep domain knowledge and analytics expertise to empower clients to make decisions that improve their business. For retailers, online marketplaces and brands, Ugam supports better merchandising, marketing and channel management decisions through the use of analytics. For market research firms and insight-based consultancies, Ugam offers a portfolio of solutions including end-to-end research operations, technology transitioning support, and data warehousing, visualization and reporting that enables them to better serve their clients. Five of the top 10 U.S. retailers, many of the world’s largest brands and online marketplaces, and 13 of the top 25 market research firms work with Ugam because of its ability to deliver high-quality insights with unmatched customer experience.

Photo Caption: Amazon Great Indian Diwali Sale Infographic

 
Media Contact Details

Sharon Vaz, 20:20MSL, ,+91-9892718331 , Sharon.mary@2020msl.com

 

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