Tag Archive for sales

BMW Motorrad India stirs the premium motorcycle segment with outstanding sales of 2,187 units in its first full year of operations.

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Continuing its momentum, BMW Group India has delivered its most robust performance till date with all three brands – BMW, MINI and BMW Motorrad.

BMW Group India delivered 11,105 cars (BMW + MINI) in 2018, registering a growth of 13% as compared to 2017. BMW India achieved highest ever sales of 10,405 units clocking 11% growth. MINI India accelerated with unprecedented growth of 66% with 700 units, further strengthening its position in the small-premium car segment.

By selling 2,187 motorcycles in the first full year of operations, BMW Motorrad India has successfully created an intense demand for the ultimate riding machine.

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Auto LPG sector grows impressively; clocks 14% growth in sales

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The auto LPG sector in India clocked an impressive sales growth of 14% this year, thanks to rising petrol and diesel prices as well as growing social consciousness about the need for cleaner transport fuels.

The auto LPG industry grew at 14% in financial year 2017-18 as compared to 2016-17, with a total sales figure of around 400,000 tonnes. The previous year had witnessed a sales figure of 346,000 tonnes.

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Hotstar appoints Sameer Kapoor as Vice President – Agency Ad Sales

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Hotstar, India’s leading premium streaming platform, announced the appointment of Sameer Kapoor as Vice President – Agency Ad Sales. In his new role, Sameer will be responsible for driving the relationship with media agencies to deliver measurable and impactful media strategy for clients through Hotstar.

Sameer brings over 17 years of media and marketing experience to the table, having managed offline and online platforms in leadership roles across diverse industries and geographies. Sameer joins Hotstar from Google, where he was Head of Brand Measurement for the India & Southeast Asia markets. Prior to that, he sharpened his media management experience with Starcom as Vice President, overseeing the Samsung account, and Madison World as General Manager, handling Bharti Airtel.

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M-commerce continues to rise – Strong uplift in retail sales during the festive season

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Criteo (NASDAQ: CRTO), the advertising platform for the open Internet, today released seasonal data in anticipation of Diwali, to help e-commerce companies and online retailers better understand the buying behaviour of their customers during the festive season. The seasonal data, based on consumers’ online browsing and buying behaviour during the peak season last year (17th September – 18th October 2017) which was the pre-Diwali period, revealed that the highest sales peak and website traffic was witnessed a month before Diwali. Retail sales from mobile web in the weeks leading to Diwali last year saw an increase of 128%.

 

As the major ecommerce players in India ride on the growing popularity of online shopping, festive season has become a period of significant importance. Almost every ecommerce player in the ecosystem launches mega-sales during the festive season as consumers look to explore thousands of brands online and spend their disposable income. There is a brand war with high budget spending on advertisements as well as sales offers on consumer products and services.

 

According to Criteo’s findings, which are based on an analysis of 90 million retail shopping transactions made in India last year, hike in sales reached up to 128%, while the increase in visitors was seen rising to a maximum level of 65%, compared to the average weekly sales during March 12-18, 2017. Read more

Residential launches make a comeback, prices lower but sales stagnant: Knight Frank India

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Knight Frank India today launched the ninth edition of its flagship half yearly report - India Real Estate. It presents a comprehensive analysis of the residential and office market performance of MMR for the periodJanuary – June 2018 (H1 2018).

Office Takeaways:

  • ·         New office space supply lowers by 42% YoY
  • ·         Vacancy levels see a marginal rise to 21.5%
  • ·         Lack of quality office space in desired business districts limits transactions, transaction lower by 7% YoY
  • ·         Greater share of transactions in lower rental peripheral and suburban office markets pull down weighted average transacted rentals by 8% YoY
  • Co-working comprises 30% of transactions by ‘Other Services’ sector

 

Residential Takeaways:

  • ·         Launches grow 128% YoY in H1 2018 on a low base of H1 2017 due to dumping ground reprieve in BMC region and mega project launches in peripheral suburbs
  • ·         Mumbai city (BMC region) witnesses highest growth in supply post dumping ground reprieve
  • ·         Average size of units in MMR shrink by 12% between 2013 and 2018
  • ·         9% YoY decline in weighted average prices across MMR, with prices declining across markets
  • ·         In addition to reduction in prices, developers are offering bouquet of sops including 24-month rent assurance, stamp duty waivers and no floor rise charges among others
  • ·         Residential sales stagnant recording a marginal 1% YoY growth over H1 2017
  • ·         Unsold inventory lower by 14% YoY. QTS declines from 8.8 in H1 2017 to 8.0 in H1 2018 as launches have constantly lagged sales from H2 2014 till H2 2017

 

 

Dr. Samantak Das, Chief Economist & National Director – Research said, “In the backdrop of H1 2017 – a period of RERA and GST implementation, Mumbai residential market witnessed 128% YoY growth in launches in H1 2018. This was primarily driven by dumping ground reprieve in Mumbai city and also mega project launches in peripheral suburbs. Most developers focused on reducing apartment sizes of their new launches. Accordingly, we have seen shrinkage of 12% in apartment sizes across MMR, with some premium markets witnessing reduction of as high as 31%. Further, besides the nominal price drop across markets, developers are also offering a host of other incentives to entice buyers. Read more