This festival season may turn out to be a money-spinner for e-commerce platforms selling appliances and mobiles.
According to Nielsen India, shoppers are waiting for the festive season sale for buying expensive appliances and mobiles from online platforms.
“The shoppers today are anticipating and holding back their purchases for sale periods. While some categories such as home appliances are seeing a pent-up demand in lieu of safety and personal home convenience,” said Kunal Gupta, Lead, Consumer Intelligence, South Asia, Nielsen Global Connect.
“We believe the festive season will see a big release of this pent-up demand with e-commerce players gearing up for the upcoming sale season,” he added.
During the COVID-induced lockdown, most customers preferred buying essentials on an online platform.
In the e-commerce space, major categories such as fashion witnessed a restrained recovery and there