Sales on 2016 Online Friday are expected to exceed 1 trillion vnd.

VCN- 2016 Online Friday is estimated to attract over 3,000 participating enterprises, providing 200,000 promotional products with a total revenue expected to exceed 1,000 billion vnd.
sales on 2016 online friday are expected to exceed 1 trillion vnd
The BigOFF event will be held in the walking space around Hoan Kiem lake Hanoi for the first time, from 1 to 4 December 2016.

According to the organizer’s information, 2016 Online Friday takes place on the first Friday of December, ie 2nd December.

Compared to 2015, the scale and number of participating enterprises, promotional programs and revenues on Online Friday this year are expected to be bigger.

Accordingly, the program is expected to attract more than 3,000 enterprises to participate with around 200,000 promotional products with total sales transaction of 1 trillion vnd, 2 times bigger than in 2015, and 6 times bigger than the first time in 2014. There will be more than 5,000 promotional products guaranteed by the organizers, equivalent to over 50,000 guaranteed orders.

Warranty products will come from the group of enterprises which have committed to the organizers, including manufacturers such as Samsung, Asus, Acer, Dell, HP, Oppo, Microsoft, Huawei; reputable importers of fashion like Maison, Hoang Phuc International; large e-commerce enterprises like Lazada, Adayroi, Tili, Sendo, Hotdeal, Zalora.

The highlight of the activities in Online Friday is that the first BigOFF event held in the walking space around Hoan Kiem lake, Ha Noi from 1 to 4 December. In the 4 days, the BigOff Oneline Friday event is ecpected to have participations of 25 outstanding enterprises with promotions and unique technology experiences with more than 30,000 people taking part.

Beside promotional programs in the first event such as free shipping, sell-outs, golden hour promotions, gifts, customers can compare prices, review businesses’ promotions, exchange and reflect on the case that they are not satisfied via price comparison websites.

Online Friday is held to raise awareness and boost shopping activities of the community via shopping online; create opportunities for customers to use quality products at discount prices.

The e-Commerce and Information Technology Agency (the Ministry of Industry and Trade) hosts the program. After 3 years, 2016 Online Friday is expected to bring the biggest shopping day not only in the year but also in 3 years of organizing to customers with many commitments of the organizers, enterprises on quality promotion, saying no to virtual promotional products, fake and low quality products.

The first online shopping day was in December 2014, with 1,000 enterprises. The companies recorded 160,000 orders, 3.2 times higher than usual. The sale of the day was at 154 billion vnd (equivalent to $US 7.5 million), rose 2.5 times compared to normal sales. The best seller was technology, fashion, and household products, accounting for over 80% of the total orders.

In 2015, more than 2,000 enterprises took part in Online Friday, with 63,000 products, promotional services, and total revenue 500 billion vnd, increased 3 times compared to 2014.

By Phan Thu/ Kiều Oanh

Related News

Enterprises have the right to pre-determine HS codes

Enterprises have the right to pre-determine HS codes

VCN - At the dialogue conference between Ho Chi Minh City Customs Department and import-export enterprises at the weekend, enterprises raised many problems related to HS code application, and post-clearance audit.
Dong Nai Customs: understand the business situation to develop effective support solutions

Dong Nai Customs: understand the business situation to develop effective support solutions

VCN – Administrative reform and business support have been effectively promoted by Dong Nai Customs Department when businesses in the province are facing many difficulties and a sharp decline in imports and exports.
2023 set to be favourable for Vietnamese rice enterprises

2023 set to be favourable for Vietnamese rice enterprises

The Vietnamese rice industry is set to benefit from the high demand and prices this year, with lower input costs leading to expanded profit margins for rice businesses.
Bringing the policies on reducing land rent and water surface rent into life

Bringing the policies on reducing land rent and water surface rent into life

VCN - The tax sector is drastically implementing dissemination and support to make the policy of reducing land rent and water surface rent in 2022 fully effective.

Latest News

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

More News

Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Although holding the number one position in the world in exporting cashew kernels for many years, the position of Vietnam's cashew industry in the world cashew value chain is very small because it mainly exports kernels with preliminary treatment.
HCM City’s industrial production index down 0.9% in Q1

HCM City’s industrial production index down 0.9% in Q1

Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries export value was estimated at 1.85 billion USD in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Quang Ninh aims to attract quality FDI inflows

Quang Ninh aims to attract quality FDI inflows

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.
Exports face many difficulties

Exports face many difficulties

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.
Manufacturing enterprises increase their competitiveness thanks to digital transformation

Manufacturing enterprises increase their competitiveness thanks to digital transformation

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.
32nd Việt Nam Expo promises to boost business linkages

32nd Việt Nam Expo promises to boost business linkages

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.
Prevention of price risks before news that Indonesia increases rice imports in reserve

Prevention of price risks before news that Indonesia increases rice imports in reserve

VCN - In response to demand signals from key markets such as Indonesia and the Philippines, the Import-Export Department (Ministry of Industry and Trade) suggested that rice exporters actively monitor the market situation and fully assess the opportunities as well as risks to build a trading plan.
Japanese investors highly appreciate Vietnamese property market

Japanese investors highly appreciate Vietnamese property market

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.
Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Looking back to 2022, while the export turnover of the cashew industry reached US $ 3.08 billion, the import turnover of raw cashews consumed US $ 2.678 billion.
Mobile Version