Report Wire

Tag: amazon

  • Amazon Prime Day 2024: From Samsung Galaxy M35 to iQOO Z9 Lite 5G to go on sale; Check Bank Offers, Discount |

    New Delhi: Amazon India is all set for the 8th edition of its Prime Day Sale, which is scheduled to be held in India on July 20 and 21. There will be the best deals which are expected to be on smartphones from leading brands like Samsung, Honor, iQOO, Motorola and more.

    Notably, It has been confirmed that the new smartphones will be available during the sale. Users will have the opportunity to upgrade their mobile experience with discounts of up to 40 per cent on smartphones, cases, chargers, and more.

    Amazon Prime Day Bank Offers:

    During the 8th edition of its Prime Day sale, Amazon has teamed up with ICICI and SBI banks to provide discounts to Prime members. Throughout Prime Day Sale 2024, Prime customers can enjoy 10% savings when using ICICI Bank Credit/Debit cards, SBI Credit Cards, and EMI transactions on both ICICI Bank and SBI Credit Cards.

    Adding further, Prime members will receive an extra 5% cashback on purchases made with the Amazon Pay ICICI Bank credit card. (Also Read: Honor 200 5G series India launch date confirmed; could debut with AI features; check expected specs)

    Smartphones going on sale during Amazon Prime Day 2024:

    The Samsung Galaxy M35 and the iQOO Z9 Lite 5G will launch in India on July 17 and will be available for purchase during Amazon Prime Day 2024. Also launching are the Honor 200 series phones.

    The Honor 200 5G and Honor 200 Pro 5G are set to launch in India on July 18 and will be available for purchase during the upcoming Prime Day sale. Adding further, the Lava Blaze X, slated for release on July 10, will also be offered for sale during the same event.

    The Motorola Razr 50 Ultra, which launched earlier this month in India, will also be on sale during Amazon Prime Day 2024. Adding further, the OnePlus Nord CE 4 Lite 5G, Redmi 13 5G, Realme GT 6T, and OnePlus 12R 5G will be available for purchase during the Amazon Prime Day 2024 sale.

    Discount On Smart TVs And Projectors

    On the other hand, if you are eyeing laptops, headphones, or smart TVs, then there is a savings of up to 80 per cent on a diverse range of gadgets. You can elevate your home entertainment setup with up to 65 per cent off on smart TVs, projectors, and their essential accessories. (Also Read: Samsung Galaxy M35 5G India launch date confirmed, could debut with tap to pay feature; Check expected specs)

    You can also enhance your living spaces and outdoor retreats with up to 50 per cent off on home decor, kitchen appliances, gardening essentials, and outdoor furniture. There is an unbeatable deal of up to 55 per cent off on Alexa and Fire TV devices, promising a seamless integration of technology into your daily life.

  • Amazon vs. Flipkart: Which Platform Provides Better Electronics Shopping Experience? ,

    New Delhi: A recent survey by Tech Arc, an Indian technology research firm, has placed Amazon ahead of Flipkart in providing better information and immersive experiences for personal electronics. While both Amazon and Flipkart do not compromise on the depth of information made available to potential buyers, the former has an edge in terms of offering information in a clean interface, the survey noted.

    The research firm in its report also showed that despite India’s strong offline retail presence, online shopping has surged in the past decade, especially for electronics, which make up over 50% of the Gross Merchandise Value (GMV) for marketplaces.

    The survey highlighted the importance of information availability in building customer trust. Consumers value comprehensive product details, transparent pricing, timely delivery, and reliable after-sale support. Tech Arc compared Amazon and Flipkart in four key personal electronics categories: smartphones, smart TVs, TWS earbuds, and soundbars.

    Smartphones contribute over 60% of the electronics GMV. Both Amazon and Flipkart provide extensive information on specifications and features. However, as per the survey, Amazon’s clean interface and use of product images create a more engaging experience. Amazon’s visual explanations of complex technologies, such as camera setups and fast-charging mechanisms, help buyers make quicker decisions.

    In the Smart TV category, the survey found Amazon offering more comprehensive information than Flipkart. Detailed descriptions on Amazon boost consumer confidence and streamline the purchasing process.

    “Comparing listings on Amazon and Flipkart, we can see that the information available on Amazon is much more comprehensive than on Flipkart giving consumers a detailed description of the features and specifications of a Smart TV they are considering. The detailed information available on Amazon increases the level of confidence of consumers in buying decisions and also does not hinder their flow of purchase, the report stated.

    TWS earbuds, a category with many domestic and global players, demand detailed information on features like ANC and Dolby support. With over 90% of sales through online channels, consumers rely heavily on comprehensive product details. The survey indicated that Amazon leads in providing detailed information. A comparison of OnePlus Nord Buds 2 listings showed Amazon ensuring informed purchases.

    Soundbars are gaining popularity for enhancing audio and video content consumption. The survey noted Amazon’s superior provision of detailed information compared to Flipkart. For instance, the comparison of boAt Aavante Bar Tune listings showed Amazon offering extensive product details.

    While Flipkart provides substantial information, Amazon’s detailed approach eliminates potential roadblocks and speeds up the buying journey, the survey said. To further enhance the experience, Amazon could incorporate more videos and AI-driven interactivity, paving the way for conversational commerce, it added.

  • Jeff Bezos To Sell 50 Mn Amazon Shares In Next 12 Months Market News

    New Delhi: Amazon founder Jeff Bezos is planning to sell at least 50 million company shares in the next year, the media reported. According to a filing with the US Securities and Exchange Commission (SEC), Amazon, where Bezos currently serves as executive chair, said its billionaire founder had a trading plan for selling a maximum of 50 million shares.

    The sales will occur “over a period” ending January 25 of next year “subject to certain conditions,” the filing read, reports Fox Business. Bezos, who recently turned 60, owns nearly one billion shares of Amazon stock. Seven other top Amazon insiders took up trading plans for offloading Amazon shares, according to the SEC filing. (Also Read: Zuckerberg Fifth Richest Person In The World Following Surge In Meta Share Price)

    However, Bezos’ involved the largest amount of shares. Bezos’ stake in Amazon stocks make up a major portion of his $193.3 billion personal fortune. Net sales for Amazon increased 14 per cent to $170 billion in the holiday quarter that ended December 31, 2023, compared with $149.2 billion in the fourth quarter of 2022. (Also Read: Zoom Lays Off 150 Employees, Okta Slashes 400 Jobs)

    Net income increased to $10.6 billion in the fourth quarter of 2023, compared with $0.3 billion in the fourth quarter of 2022. Amazon Web Services (AWS) segment sales increased 13 percent year-over-year to $24.2 billion.

    Amazon CEO Andy Jassy said the past holiday season was “record-breaking.” “This Q4 was a record-breaking Holiday shopping season and closed out a robust 2023 for Amazon,” said Jassy. “As we enter 2024, our teams are delivering at a rapid clip, and we have a lot in front of us to be Excited about,” he added.