Home Tech Amazon India rolls out low-cost, unbranded vertical under Bazaar

Amazon India rolls out low-cost, unbranded vertical under Bazaar

0
Amazon India rolls out low-cost, unbranded vertical under Bazaar


Amazon India has launched a new vertical called Bazaar featuring low-priced, unbranded fashion and lifestyle products. The segment went live on Amazon India’s Android app.

To a select cohort of users, it’s being placed prominently on the app, people aware of the plan said.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
MIT MIT Technology Leadership and Innovation Visit
Indian School of Business ISB Professional Certificate in Product Management Visit
IIM Kozhikode IIMK Advanced Data Science For Managers Visit

ET was the first to report in its February 21 edition that the ecommerce major was onboarding sellers to list unbranded products — including apparel, watches, shoes, jewellery and luggage — priced below Rs 600.

ETtech

After a quick review of Bazaar on Amazon by ET, the delivery estimates for Prime users is around 4-5 days. Amazon was expected to have longer timelines for delivery for this vertical as these are low-cost items where users typically do not prioritise fast deliveries.

A spokesperson for Amazon India confirmed the launch of Bazaar. The firm said customers can discover and shop affordable fashion and home products listed by sellers, especially from manufacturing hubs across India.

Discover the stories of your interest

Why does it matter?

The latest move to launch Amazon Bazaar pits it directly against SoftBank-backed Meesho which has been gaining ground in the low-cost ecommerce space. Flipkart runs a separate app for similar offerings under Shopsy.Bazaar will potentially open up an avenue for Amazon to acquire new customers in India.

ETtech

Amazon India is more popular among urban users who are also Prime subscribers, which offers faster deliveries along with video and music streaming.

A January report from research firm Bernstein said Amazon India clocked only 13% user growth in December 2023 — primarily due to more premium offerings than peers. In 2022, Amazon acquired a social commerce startup Glowroad, which focuses on resellers.

Like other online marketplaces, the etailer has also been experimenting and scaling its live commerce vertical in India — to shore up engagement with consumers.



Source link

No comments

Leave a reply

Please enter your comment!
Please enter your name here

Exit mobile version