An online furniture store in Mumbai, India, sold some 3,500 pieces of furniture for Rs 2,300 each, said a spokesperson from the mall.
“We had an average turnover of Rs 10,000-15,000 a day,” he said.
“The average item cost Rs 1,500-2,000 and the sale of one piece was Rs 1 lakh.”
He added that the average turnover for all of the store was about Rs 20,000.
The spokesperson added that most of the furniture sold at the store, including a selection of traditional Indian furniture, came from the Indian furniture exporters.
The Indian furniture companies, including the Hindustan United Furniture Industry (HUFI), Hindustans United Furnishings, and Hindustani furniture maker Mahindra, have been in the midst of a revival in recent years, as more and more Indian consumers are increasingly turning to online retailers.
In 2016, the industry’s annual turnover was around $1.6 billion.
The retailer has been selling at the malls of various Indian cities, including Ahmedabad, Delhi, Mumbai, New Delhi, Kolkata, Chennai, Bangalore, Hyderabad, Hyderabadi, Hyderaverai, Pune, Poona, and Lucknow.
In the past, online retailers like Amazon had been limited to selling small quantities of merchandise, which meant the retailers had to take a cut of the sale.
However, Amazon India is now offering a variety of merchandise with higher quality, as well as more affordable prices.
The company said it has seen a significant uptick in orders in the past few months.
“In November, the total order volume was around 3,000 pieces,” the spokesperson said.
The company said the increase has been driven by an increase in sales of traditional and contemporary Indian furniture.
“During November-December, we saw the most orders of traditional furniture, followed by modern and contemporary, in a trend that we have seen in the last few months,” the spokesman said.
The statement also noted that Amazon India was not the only online retailer that has seen significant demand from Indian consumers.
Last month, the online retailer Snapdeal saw a significant increase in orders for its products.
The online retailer had recently opened its retail shop in Mumbai.