Taking advantage of the festive season in India, various e-commerce portals have launched sales with massive discounts and offers. Portals such as Amazon, Flipkart and Snapdeal have already held their big sale events. Now, Paytm has followed their footsteps and came up with the ‘Paytm Maha Bazaar Sale’.
The Paytm festive season sale has already started. It will continue till October 14. Reports suggest that Paytm has made a huge investment. It expects the Gross Merchandise Value to increase three-folds and year-on-year revenue to increase to 400 – 500 percent. To be precise, the company claims that it is offering benefits worth Rs 1,000 crore.
The Paytm marketplace has invested significantly in offering warehousing facilities at up to 90% discount at its 19 fulfillment centers, free consolidation centers at 35 locations and additional manpower to ensure faster and smoother operations during the peak season. – the company said in a statement.
While Paytm is offering several exciting offers, it is to be noted that the discounts on this website are usually in terms of cashback [credited to the user’s Paytm account]. However, there are also many instant discounts available. The cashback discounts are applicable over and above instant discounts. Among multiple exciting deals, Paytm is offering discounts on the purchase of new iPhones.
You can get the new Apple iPhone 7 (32GB) at Rs 60,000 with Rs 5,000 Cashback. While the iPhone 7 (128GB) and iPhone 7 Plus (32GB) are available with Rs 6,000 Cashback. Paytm is offering Rs 7,000 Cashback on iPhone 7 (256GB) and iPhone 7 Plus (128GB and 256GB).
It is also offering cashback on previous generation iPhones. The iPhone 5s comes at Rs 20,945 with Rs 3,000 Cashback. While the iPhone 6 (16GB) is priced at Rs 37,995 with Rs 5,000 Cashback. Paytm is offering iPhone 6s (128GB) at Rs 61,339 with Rs 10,000 Cashback.
While these prices are almost similar to Amazon or Flipkart listing, users can win an iPhone every hour and 500 Gold coins.