Jaipur,
February, 2020: M-commerce adoption in
the country is rising with Club Factory fast growing as an alternative to top
e-commerce platforms like Amazon and Flipkart, according to the latest report by analytics research
firm TechArc. According to the report, 67% of the users shopped using an app,
while remaining accessed the online store through browser using Smartphones.India,
a mobile-first economy, is increasingly consuming digital services and
applications including e-Commerce over Smartphones.
As stated in the India
M-Commerce Insights Report, the market is getting structured as a ladder
between Leaders, Challengers and Strugglers.
While Flipkart and Amazon lead as the most engaged platforms, Club
Factory is growing up fast among Challengers.
Club Factory’s wide range of products &product categories has been a
key factor in enabling the platform to give stiff competition to incumbents. It
has also aided in disruptive growth for the platform over the last two years.
Source: India M-Commerce
Insights Report by TechArc
During Oct-Dec 2019,
while Flipkart and Amazon conducted the biggest festive season sale, Club
Factory was the most downloaded app in the shopping category in India.While festival
offers drove Flipkart and Amazon installations during the period, Club
Factory’s rapid growth among Challengers is attributed to focusing on
affordable range of products as well as charging zero commission from the
sellers. Club Factory
has also managed to reduce delivery time by as much as 30% with average
positive product rating going up by 40% in 2019. Strength and excellence in listing high cost-efficient
products have helped the
platform increase traction in tier-II and III cities.
Club
Factory recently surpassed 100 million monthly active users (MAUs) in India
with a sharp rise
in traffic, clocking in 4x growth in orders received in 2019 on the platform as
compared to the previous year. Club Factory has set a target to on-board
100,000 local sellers in 2020. The platform was
recently featured as ‘Breakout Apps of 2019’ in App Annie’s State of Mobile
Report. Club Factory has been the most downloaded shopping app on the Android
platform globally over the last quarter, according to Sensor Tower’s Store
Intelligence platform. Club Factory has also surpassed Snapdeal to become the
3rd largest shopping app (in terms of MAUs) in India since June 2019 after
retaining #1 rank in Google Play Shopping App category (according to data
analytics platform App Annie).