Elefant.ro runs flash sales campaigns and offers to its clients, on daily basis, discounts of up to 75% for bought products. The company estimates the Romanian flash sales market at Euro 55M in 2012.
After a series of pilot campaigns ran from January to April, Elefant.ro officially enters flash sales market, a first on Romanian online e-commerce, and is the first online store that expands the flash sales concept towards book sector.
On daily basis, elefant.ro’s loyal clients will have access to the most wanted titles, as part as Happy Days campaigns. Later on, Happy Days campaigns will expand to cover also other categories of products listed on elefant.ro.
“Flash sales” is an e-commerce business model through which an online store sells its products with important discounts, during short campaigns. The concept developed in Romania once with the apparition of websites that sell fashion products and home deco, exclusively with discount campaigns.
We are very happy that, finally, we can offer to Romanians that love books the most wanted titles with prices up to 75% smaller than normal. The dynamic growth of flash sales shows us that the interest is high, both for online retailers and buyers. With Happy Days campaigns we will make for different categories of products from Elefant.ro’s offer, we want to demystify flash sales: the concept can be applied in an efficient and innovative manner also in other domains, such as books sector is
eCommerce Director elefant.ro.
According to elefant.ro’s estimates, Romanian flash sales market was of Euro 55M in 2012. At international level, considering the general growth of e-commerce and the desire of buyers to buy products at as convenient prices as possible, flash sales sector doubled its value last year, reaching to over $200M in US.
In Romania, the first online businesses that introduced this model appeared in 2009-2010, being initially exclusive clubs for fashion buys.