New Delhi: Big Billion Days sale will start soon on Flipkart. Ahead of this sale, the company is working on some special features that will be available on the e-commerce platform in the coming days.

One of these features will be price locking, through which consumers can lock in the price of a product. The company holds its annual Big Billion Days sale during the holiday season. This year’s sale is also the 10th anniversary of its founding, so it will be even more special.

Flipkart’s price lock feature is? How will it work?

With its help you can fix the price of any product. If you get a product on sale at a very low price, with its help you can lock in the price of the product.

This means that the price of this product will stay the same for you whether the sale continues or not. According to the My Smart Price report, Flipkart Chief Product and Technology Officer Jayandaram Venugopal gave this information. This feature will work the same way we lock in airfare or hotel prices.

How will you be able to lock it?

Users can lock any transaction by paying a fixed fee. Users will then be able to purchase this product at the price they locked in. Venugopal said users do not need to worry about the product being out of stock. Because as soon as the product becomes available, they will only receive it at the set price.

People are looking forward to this sale. Last year, during the Big Billion Days sale, users bought the iPhone 13 at under Rs 50,000, which was the lowest price to date.

In fact, during sales, it is common to see products being sold at very low prices on the first day, but as the sale progresses, the price of the product starts to increase. In such a situation, this feature can be very useful.