Meesho's Mega Blockbuster Sale Set to Begin on September 27
In a fervent bid to seize the upcoming festival season, Softbank-backed e-commerce platform Meesho is gearing up for its annual Mega Blockbuster Sale, scheduled to commence on September 27. This year, the company boasts the largest seller base among its competitors, witnessing an impressive 42% year-on-year surge in registered vendors. With over 20 lakh sellers now on board and 12 crore product listings spanning across 30 diverse categories, Meesho aims to make festive shopping both accessible and economical for millions of customers.
Competitive Landscape: Amazon and Flipkart Trails in Seller Base
While Meesho surges ahead, Amazon India, with its own annual sale event, "The Great Indian Festival," has reported a 14% rise in sellers, bringing its total to 16 lakh. Although this growth is notable, it remains dwarfed by Meesho's robust seller numbers. Flipkart, another significant player in the e-commerce arena, has seen stagnant growth in its seller base, with approximately 14 lakh sellers—a figure that mirrors its 2023 performance. This relatively muted interest comes despite Flipkart's claim of having over 50 crore users across its platforms, including Shopsy.
Meesho’s Strategy: A Seller-Centric Model
The clear disparity in seller growth among competitors underscores Meesho's success in creating a platform that appeals to both small and large-scale merchants. Meesho’s focus on empowering sellers and offering them expansive access to customers has contributed significantly to its rise. The company’s ability to attract a greater volume of sellers not only amplifies its product selection but also positions it as a more affordable alternative for shoppers seeking diverse goods across multiple categories.
Flipkart's "Big Billion Days": Facing Stagnation in Seller Growth
Contrary to Meesho's ascendancy, Flipkart's upcoming sale, The Big Billion Days, seems to face hurdles in seller onboarding. The Walmart-backed e-commerce giant’s seller base has stagnated, with the same figure being reported as last year’s—suggesting potential challenges in attracting new merchants to its ecosystem. Nevertheless, Flipkart’s expansive user base remains an asset, giving it a broad customer reach that could help offset the muted seller interest.