MAM
GUEST ARTICLE: Myths vs Reality: Are consumers really getting more discounts during the holiday season’s online sales?
Mumbai: Are you ready to go on a shopping spree, or already done with one? Exhilarating discounts are unleashing the shopaholic personalities residing within each one of us. On the contrary, there is a possibility that non-shoppers have succumbed to the marketing blitzkrieg as well.
Let us take a moment to look closely at the entire “festive season sale” hoo-ha from the standpoint of brands and consumers.
With the culmination of the first round of holiday and festive e-commerce sales, online platforms recorded a nearly 5.4X spike in daily sales overall. A 3X boost in e-commerce shipment volumes was also witnessed during the sale period compared to days when business as usual prevailed.
Do brands really indulge in deeper discounting during the festive season, or is it just another hoax? An Ace Turtle report suggests the average selling price of products on e-commerce websites drops by a mere 17 per cent during the sale period compared to the non-festive season.
Grant Thornton Bharat national sector leader of consumer and retail Naveen Malpani said that e-commerce portals have witnessed sale amounts nearing three billion dollars (Rs 24,500 crore) in the initial four days of the festive sale, accounting for about 60 per cent of the anticipated GMV (gross merchandise value, a measure of total sales) for the first festive sale and pushing the overall daily GMV to about 5.4X.
The consumer perspective
While consumers get a chance to obtain hands-on products from top brands and the latest fashion at a lower price, many e-commerce apps offer a bundled package to avail such discounts, so consumers end up spending more than their budget.
Moreover, multiple offers have time constraints attached to them, which means you might get a discount of 20 per cent in the daytime, but the same product can be bought for 50 per cent during late hours. This is nothing short of an opportunity lost. It’s imperative to know the discount percentage pre and post the sales start. You might be buying products at the same discount even in sales too.
For instance, a report by Ace Turtle suggests that the average discount on normal days is 47 per cent, which marginally increases to 50 per cent during the sale period. Thus, it might be a myth that brands engage in hefty discounting during festivities or holiday sales compared to non-sale periods.
Several e-commerce platforms launch sales events at the same time. Comparison among these apps is the key to clinching the best offer in a world where the customer is always spoilt for choice.
What’s in for brands/e-comm companies?
It helps e-commerce companies build an emotional connection with existing and potential consumers as the sales are now aligned with big festivals or events like Diwali, Holi, Christmas, or New Year.
Brands can structure their narratives bearing in mind consumer behaviour during festivals. Also, brands should reach out to consumers well in advance before the festive season and not when it is at its peak.
Demographic-based marketing during specific festivals can help with new customer acquisitions, primarily from tier-II and III towns and cities. E-comm companies bridge the gaps between existing and newly launched brands and these consumers. Customised offerings and personalisation help gain loyal customers and retain them for a longer time. Moreover, holiday sales help in clearing their old stocks and generating a substantial-top line with slightly lower margins.
Conclusion
The holiday/festival season can benefit consumers, provided they act smart and do proper research before making a final purchase.
It’s a win-win situation for both the brands and e-commerce sites as it helps in clearing their stocks while acquiring new users from remote areas, thanks to the deeper internet penetration in tier-III towns. A report by India’s retail and e-commerce trends highlighted that India’s e-commerce growth in FY22 was driven by consumers from tier-II and tier-III cities. Moreover, the growth was majorly attributable to the D2C (direct-to-consumer) segment.
The author of this article is AdCounty Media global mobile business head Kumar Saurav.
When you plan to buy medical insurance for your family, the first question is often about savings. You may assume that buying online automatically means paying less, but that is only part of the picture. The real issue is not just whether the premium looks lower, but whether the policy gives you suitable family health insurance without adding avoidable costs later.
Buying online can sometimes appear more budget-friendly because you can compare plans, review features, and complete the process without depending entirely on offline assistance.
Still, a lower visible price does not always mean better value. To understand whether you can truly save more, you need to look at the full buying experience and the policy terms together.
Why Online Purchase Can Look More Economical
When you explore family health insurance online, you usually get access to plan details in a more direct and organised way. This can make the buying journey feel simpler and more transparent.
A few reasons online purchases may seem cost-effective include:
● Easier comparison of policy features
● Direct access to premium details
● The ability to review inclusions and exclusions at your own pace
● Fewer chances of making a rushed decision
● More control over the plan selection process
This does not mean every online option is automatically cheaper. It simply means the online route may help you assess choices more carefully, and that itself can influence how much value you get from the policy you choose.
Saving Money is Not Only About a Lower Premium
A lower premium often catches your attention first, but that should not be the only measure of savings. If you buy medical insurance based only on what looks affordable at the start, you may overlook conditions that matter later.
A family health insurance policy should be judged on overall value, including:
● The scope of cover
● Waiting period terms
● Exclusions
● Room eligibility conditions
● Sub-limits, if any
● Claim-related terms
● Renewal conditions
If the premium is lower but the policy has stricter internal conditions, the apparent saving may not feel meaningful when you actually need hospitalisation support.
So, the better question is not only whether online purchase costs less, but whether it helps you select a plan that remains financially sensible over time.
Comparing Plans Online Can Prevent Overspending
One clear advantage of the online route is that it allows you to compare different options without pressure. This can help you avoid paying for features you may not need or missing features that matter for your family.
Before you buy medical insurance online, look closely at:
● Who can be covered under the plan
● How the sum insured works for the family
● Whether day care procedures are included
● How pre-existing illness rules are explained
● Whether add-ons are optional or built in
● How clearly the policy wording is presented
This level of comparison can support better decision-making. In many cases, savings come not only from the premium itself but from choosing a policy with fewer surprises.
Online Discounts Should be Viewed Carefully
Online discounts can make a plan look attractive, but they should always be read alongside the policy details. A discount may reduce the upfront cost, yet the true worth of the policy depends on what it covers and how it responds during a claim.
When reviewing discounted online plans, check whether the policy has:
● Treatment-specific limits
● Room rent restrictions
● Co-payment clauses
● Disease-wise waiting periods
● Claim deductions linked to the hospital category
● Limited cover for selected benefits
These points are important because a policy that looks cheaper at purchase may involve more out-of-pocket spending later. That is why discount-led buying should be replaced with detail-led buying.
Final Thoughts
Yes, buying online can sometimes help you save more when choosing family health insurance, but only if you look beyond the headline price. The online route may give you better visibility, easier comparison, and more time to review the policy terms.
That can support smarter choices and may reduce the chances of paying for a plan that does not suit your family well.
If you want to buy medical insurance online, treat savings as more than a discount. The real advantage lies in choosing family health insurance that balances affordability, clarity, and meaningful coverage for your household.
