‘Rocking Deals’ Is Going To Launch 500 Retail Stores In The Coming Five Years - GADGETS & INNOVATIONS


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Tuesday, January 8, 2019

‘Rocking Deals’ Is Going To Launch 500 Retail Stores In The Coming Five Years

•>Plans to expand aggressively through setting up pan India retail chain

•>To invest Rs 100 crores to fuel this growth strategy

India’s leading online retail store marketplace for buying and selling electronics such as- Mobile phones & accessories, Cameras, Electronic Appliances, etc., ‘Rocking Deals’ is all set to cater the customers across the nation. The company, which presently deals within 18 categories of products, announces the plan to open over 500 retail stores in a phased manner in five years.

The strategy is in line with Brick & Mortar model where it will follow setting up retail stores along with its online marketplace in order to expand its reach every nook and corner of the country.

As per recent industry data after the USA and China, India has become the fastest growing market in the refurbished segment. In India overall, used goods market to reach close to 9 billion by 2021 from existing 4 billion, among them only used smartphones market to reach a size of 6 billion in next three years from 2.5 billion currently.

As of today, the company has successfully sold close to 4 million units in 18 types of categories of refurbished and pre-owned products a day to end customers.

Founded in 2012, Rocking Deals has a Good network of more than 250 brands on the Rocking Deals website. Leading brands like Bose, JBL, Samsung, Xioami, Waterman, 3M, APPLE among others are also featured on the company’s website www.rockingdeals.in.

January 8, 2019, New Delhi

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