Retail in Asia

In Trends

It’s raining discounts for India’s online shoppers

In India, flourishing online purchase of gift items, especially jewellery and flowers, on auspicious occasions have prompted banks, along with existing e-retail marts, to jump into the discount business. Generally, banks and online retail companies take additional delivery and other administrative charges from customers to execute orders.

While Kotak Mahindra Bank offers 18 percent discount on domestic deliveries and 12 percent discount on international deliveries through online purchase over and above INR250 (USD5) off on purchases of INR1,000 and above, ICICI Bank’s online shopping venture First Data also avails discount offer in association with its registered retailers across the country.