With regard to its video commerce capabilities, Flipkart—a prominent player in Indian e-commerce—has announced a noteworthy engagement milestone. According to the company, between June 2023 and May 2024, customers engaged with the platform for a total of more than 2 million hours. This accomplishment highlights Flipkart’s deliberate efforts to improve user experience, remove obstacles often associated with digital commerce, and integrate video content with online purchase.

Driving Engagement through Video Commerce

Flipkart claims that between January and June 2024, over 75 million people actively engaged in watching videos while using its app, especially in its specially selected video sections called “Liveshop+” and “Vibes.” Neha Agrahari, Flipkart’s Senior Director of Video Commerce, stressed that these programmes are meant to meet changing customer demands as well as enhance the buying experience.

Regional Engagement Highlights

Important cities include Bengaluru, Hyderabad, Kolkata, Mumbai, Delhi NCR, and Hyderabad were the most engaged with Flipkart’s video commerce offerings. The site reported that a single Live Commerce video had the greatest audience ever, with 1.4 million views, demonstrating significant levels of user engagement.

Influencer Partnerships Driving Growth

With the help of alliances with more than 500 influencers, Flipkart has strengthened its video commerce strategy and seen a noteworthy 30% increase in engagement with vernacular creators year over year. Vice President of Marketing at Flipkart Dushyanth Jayanty emphasised the critical role influencers play in extending brand reach and developing stronger relationships with customers through a variety of content forms.

Industry Dynamics and Challenges

Flipkart has made progress in video commerce, but there are still obstacles facing the larger Indian live commerce market. networks like Moj and ShareChat saw a significant increase in financing after the TikTok ban, but they have since experienced a decline in user engagement due to increased competition from Instagram and other networks. For these players, issues with user base fluctuations and profitability remain major obstacles.

Future Prospects and Strategic Initiatives

With its grand plans in tow, Flipkart has indicated that it wants to go beyond e-commerce by releasing the beta version of its financial app, super.money. The company has expressed interest in joining the fast commerce market, demonstrating its strong growth trajectory in spite of financial difficulties.

Final Thoughts

In the ever-changing world of digital content consumption and e-commerce, Flipkart’s strong video commerce strategy is a key factor in driving user engagement and differentiating itself in the industry. With ongoing expenditures in relationships, technology, and creative content, Flipkart is still in a strong position to drive the transformation of online commerce in India.

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Saiba Verma, an accomplished editor with a focus on finance and market trends, contributes to Atom News with a dedication to providing insightful and accurate business news. Saiba Verma analytical approach adds depth to our coverage, keeping our audience well-informed.