Tech company reports a 30% increase in e-commerce platform sales in the first week of the holiday season

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e-commerce
e-commerce

According to EasyEcom, Tier-2 and Tier-3 towns will experience more growth in e-commerce than Tier-1 cities, with non-metros accounting for about 80% of all e-commerce sales and Tier-2 towns contributing over 60%.

According to inventory and warehouse management technology company EasyEcom, e-commerce platforms are expected to have had a 30% growth year over year during the first week of the holiday shopping season.

EasyEcom

According to EasyEcom, Tier-2 and Tier-3 towns will experience more growth in ecommerce than Tier-1 cities, with non-metros accounting for about 80% of all e-commerce sales and Tier-2 towns contributing over 60%.

According to EasyECom, the gross merchandise value of non-sale days on India’s ecommerce platforms will be five times higher during the first week of the holiday season than during the same period last year.

According to the company, its software-as-a-service platform, which focuses on omnichannel inventory & warehouse management and reconciliations, is what the analysis is based on.

The company’s product lines on e-commerce platforms have increased by 14%. “The second quarter has made up for the first quarter’s weak performance because of world events, so demand will rise steadily.

EasyEcom

No one can comprehend the necessity for prior planning for stock levels, pricing, storage, fulfilment, and serviceability better than eCommerce companies whose revenue depends on the holiday season, according to EasyEcom Founder and CEO Punit Gupta.

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