9 months ago

Quick Commerce Platforms Offer Cosmetics for ₹1

Quick Commerce Platforms Offer Cosmetics for ₹1
Mint Explainer: Why are quick commerce platforms selling cosmetics for ₹1? · livemint.com

Some delivery apps like Swiggy Instamart and Zepto are selling makeup for just ₹1.

But there's a catch: you have to buy other makeup worth ₹599 or more to get these cheap deals.

They're doing this to get more people to buy makeup and to try new brands.

Brands are also helping with these deals because they want more people to try their products.

These apps make more money from selling makeup than from selling food, so they want people to buy more of it.

Right now, makeup is a small part of what these apps sell, but it's growing fast.

By 2030, they think makeup sales will be much bigger.

Key facts

Platforms Involved
Swiggy Instamart, Zepto, BB Now
Offer Details
₹1 cosmetics with ₹599+ cart value
Brands Featured
Lakmé, Maybelline, Mamaearth, Plum, Minimalist
Beauty GMV in Quick Commerce
Beauty Market Growth
20% CAGR for quick commerce
Beauty Segment Contribution
20-25% of gross sales for leading platforms
Projected Quick Commerce GMV
₹64,000 crore in FY25

Quotes

Satish Meena

Founder of Datum Intelligence

“Brands use these ₹1 offers as a sampling tool. New-age and YouTube-first beauty brands especially push these deals on Blinkit, Swiggy and Zepto to get customers to try their products.”
livemint.com
“Quick commerce is simply a more efficient sampling channel. Customers open the app multiple times a week, and these offers are placed right at the top or shown as pop-ups, so discovery is instant.”
livemint.com

Sources

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