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FutureBazaar targets Rs. 1 crore online sales

The portal aims to achieve the 1 crore mark by the end of the fiscal year


June 18, 2011  |  comments ( 0 )  | 
FutureBazaar targets Rs. 1 crore online sales

Betting big on online retailing, Future Group said it is targeting daily sales of at least Rs. 1 crore from its online portal FutureBazaar by the end of the current fiscal.

 

“We are targeting orders worth Rs. 1 crore everyday on FutureBazaar.com by the end of this financial year,” said FutureBazaar.com president Kashyap Deorah. He said the company is confident of achieving the target given the current growth in the number of transactions happening daily.

 

In the past, the portal had hit the Rs. 1 crore sales mark in a day on some occasions. “For instance during Diwali last year, we had done sales of Rs. 3 crore on one single day but going ahead we want to make it a habit to register average sales of Rs. 1 crore per day,” Deorah said.

 

Future Group is targeting at least 10% of its total retail revenues to come from digital platforms in the next three years.


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