The
Biggest Online Watch Mall’ launched on eBay India
Over
200 Watch brands available at minimum 30% discount on ebay.in; brings 26
exclusive international brands
Further
strengthening its presence in the lifestyle segment, eBay India (www.ebay.in) today
launched the biggest online mall for watches.Having over 65000 SKU’s and with
access to 26 exclusive international brands like Montine, Swiss Legend, Weiqin, Royal London, Ben Sherman amongst
others,eBay is bringing to its consumers more than 200 global and local
brands of watches.
The overall size of the watch industry in India is presently estimated
at USD 834 million, and is growing at 10% year on year. With the boom of the e-commerce
industry, the current online market for watches is estimated at USD 32 million
and continues to grow at a rate of 35% year on year and eBay India is the market
leader with 21% of market share.
Tamil Nadu constitutes 10% of the overall sale of watches on eBay India
with most shoppers preferring to buy analog and smart watches. Even the smaller
cities like Nagercoil, Sembakkam and Dindigulform an important part in the overall
sales of watches online. According to recent statistics, people from Tamil Naduprefer
Armani watches, followed by Guess,Diesel, Titan and Giordano.
Mr.
NavinMistry, Head Retail Exports and Lifestyle Category, eBay Indiasaid,
“Over the years, the disposable income of
Indian consumers has increased significantly, which is leading to a substantial
change in their spending habits. Consumers are now shopping online for
lifestyle products and women shoppers are the prominent contributors to thissegment.
With sellers across the globe, eBay India is able to fulfill their demands and provides
a platform with an array of premium and aspirational brands”.
As per eBay India data, the top selling brands across markets are:
Over the last ten years, eBay India has focused on delivering Indian
consumers a fantastic user experience to buy the widest variety of products at
great prices. Lifestyle sector has always been of prime importance and eBay has
always tried to make accessibility to brands easy. The ‘Online Watch Mall’ offers a wide range of watches - From Chronograph to Analogto Smart Watches and there are also exclusive
Skeleton and Limited watches available. Presently out of 85,000 listings on
eBay.in, 50% of watches are from the Chronograph section, 30% are analogs while
20% are smart watches.
According eBay
India, there are 64% male shoppers viz a viz 36% female shoppers for watches. While
both men and women majorly prefer the metal straps (Men 75% and Women 45%),
some also buy leather straps (Men 20 % and women 40%) and ceramic straps (Men
10% and Women 15%).Every four minute a watch is sold on eBay India and the men’s wrist
watches are top five traded products on the website.
As part of the launch, consumers can avail a minimum
discount of 30% exclusively on eBay. The consumers have the option to make
purchases via EMI through ICICI,
Citibank and HDFC, credit cards and also redeem their PAYBACK points while
shopping on ebay.in. All purchases are covered under the eBay Guarantee which
ensures refund or replacement in case a consumer is unhappy with the
purchase.
About eBay India...!
eBay India (www.ebay.in) is a leading online marketplace and
shopping destination in India where thousands of Indian entrepreneurs list over
3 croresproducts across Electronics, Lifestyle, Collectibles and Media
categories. eBay India is a 100% subsidiary of eBay Inc.
For further information on eBay India, please contact:
|
eBay India
GirishHuria
Tel: +
91-22-66690170
|
Avian
Media
Dinesh
Kumar
Tel: +91 9840003993
|
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