The survey stated that buyers from metro cities make up the remaining 50%
Mumbai: Non-metro customers make up as much as 50% of online shoppers buying rakhis and gifts this Rakshabandhan, D2C gifting brand IGP announced in an analysis in a press release.
The survey stated that buyers from metro cities make up the remaining 50%. Delhi and Mumbai take the lead when it comes to buying gifts for Rakshabandhan online, followed by Bengaluru, Hyderabad, Pune and Lucknow. However, a large number of non-metros make up the rest of the cities and towns from which buyers come.
A majority of the buyers — 33% of them — were from the 25-34 age group. Data suggests that this is the age when buyers start to have a sizable disposable income.
The second largest cohort of buyers were in the 18-24 age group, and they made up 23% of all buyers. They’re followed by buyers aged 35-44 (20%) and 45-54 (11.6%), with the rest 13% made up of buyers aged above that.
Although Rakshabandhan is a festival that primarily involves women and girls tying rakhi to their brothers to show their love and affection, women made up only 56% of all buyers.
What’s also interesting is that NRIs (non-resident Indians) made up a whopping 29% of buyers giving gifts to their relatives in India.
Among the items being bought, rakhis with sweets are the most popular followed by rakhi with dry fruits and rakhis with chocolates, and items from the “Gifts for Kids” category and the “Gifts for Brothers” category respectively. Kaju katli, an Indian sweet made of cashew nuts and sugar, was the most popular sweet bought as it has a long shelf life. Among the buyers, 5% chose to personalize their gifts and add a touch of the special.
When it comes to the actual rakhis that were bought, rakhis with semi-precious stones were the bestselling ones. This was followed by the traditional rakhis with kundan and meena motifs, pearl rakhis, bhaiya-bhabhi rakhi with lumba and Rajwada work. The kids’ rakhis and spiritual rakhis were also popular.
Headquartered in Mumbai, India, IGP is a global multi-category gifting company. The company has firmly established itself as a provider of festival merchandise, gifts, fresh flowers, cakes, plants, gourmet foods, and personalized products for all occasions and festivals. The company has a global footprint spanning over 100 countries.
