Paytm Mall eyes $500 mn sales in festive season

Paytm Mall eyes $500 mn sales in festive season

Not to be left behind in the race, Paytm Mall has also come out with a four-day mega sale - Mera Cashback Sale - which is being held from 20th to 23rd September this year.

Amit Sinha, Chief Operating Officer at Paytm Mall said, "We will be giving away exclusive deals and exciting freebies with every order placed on the platform". Jeff Bezos-backed Amazon India opened its Great Indian Festival Sale for its Prime customers for 12 hours at noon Wednesday.

Some of the top offers include OnePlus 3T for less than Rs 25000, almost 30% off on Micromax Canvas Infinity and over 30% off on Sony Xperia phones. The sale has great offers on men's fashion too with up to 50-60% off on clothing and footwear from Wrangler, Puma and UCB while popular brands like Nike, Swiss Military, Lee, Pepe and Van Heusen attract a discount of up to 80%.

This is in addition to the Rs. 500 crore that the company would be spending on cashback offers to customers during the sale from September 20 to 23.

Paytm Mall today said it expects to facilitate sales worth United States dollars 500 million during the festive season through its platform. To begin with, if you purchase As for the iPhone 7 (32GB), there will be a flat cashback of Rs 8,000. Apart from these clients will get to avail the number of other cashback offers also.

Hot-selling items for Paytm Mall's sale includes Apple iPhones, Samsung smartphones, Apple Macbooks, Lenovo and HP laptops besides personal care goods.

Additionally, the platform will offer 100% cashback to 25 phone buyers every day and 200 customers will receive Paytm Gold every day, making the sale the most value-for-money.
Similar cashbacks are available on Series 1 models as well, so if you are not keen on splurging on Apple Watch Series 3 models when they launch in India, these deals would make sense.

For people looking for more affordable options, the Galaxy J3 Pro will be available at lowest price of Rs 7090 only and the Oppo A37 will also be up for grabs at an effective price of below Rs 10,000.