One of India’s biggest online marketplaces, Snapdeal has decided to foray in the services segment. Its latest inclusion will allow its customers to book flight and bus tickets, hotel reservation and order food through its online platform, thus making Snapdeal the first player in the business to have both services and products on its grid.
Sharing his thoughts on the move, Rohit Bansal, Co-Founder, Snapdeal said that online services is an industry potentially worth USD $100 billion by 2020 and is poised to play a huge role in driving habit commerce in India. The introduction of services on Snapdeal is a big leap forward in catering to nearly all the consumption needs of our customers.
With this segment, Snapdeal becomes the first e-commerce marketplace to introduce services on its platform, the statement said. Snapdeal has launched the services through partnership with Zomato, Cleartrip, UrbanClap and redBus.
Bansal added further that company will continue to add leading service providers from other categories in its journey to offer a single point access to the widest range of services. Snapdeal is confident that the introduction of services on the lattice will bring it closer to its goal of 20 million daily transacting users by 2020.
In its earlier move, the company had introduced options of recharging, bill payments and managed to pump more than US $1 million transaction within a month of its launch. With the recent inclusion, company is expecting to double its daily transaction. Cleartrip, redBus, UrbanClap and Zomato are available on Snapdeal's services section for flight and hotel bookings, bus ticket bookings, personal services and food ordering, respectively.