Quick commerce advertising is the fastest-growing ad market in Indian retail and the least documented. Blinkit, Zepto and Swiggy Instamart each sell sponsored search, banners and category placements to brands, each on its own portal, and none publishes click prices, minimum spends or benchmarks. What exists in public is Zepto's IPO paperwork, a handful of agency benchmark reports and the platforms' own help pages. This guide pulls those together as of September 2026: the formats on each app, how they are priced, what brands actually report on return on ad spend, how to set a budget in rupees and where the reports live. It attributes every number, because in this market a figure without a source is a sales pitch. If you are still deciding whether to list, start with our guide to selling on Blinkit, Zepto and Instamart; if you want the fee side, the Blinkit fees guide covers commission and the quick commerce margin calculator gives you the margin you will need below.
Quick commerce ads guide
Blinkit, Zepto and Instamart Ads (2026): Formats, Bids, RoAS and Budgets for Brands
By Blooprint team · Published 25 September 2026 · 8 min read
Key takeaways
- Blinkit, Zepto and Instamart all sell sponsored search on CPC and banners on CPM or fixed tenancy; none publishes a rate card as of September 2026.
- Zepto's DRHP cites a Redseer report putting brand RoAS on quick commerce at 5x to 8x; an April 2026 agency benchmark puts platform-reported RoAS at 3x to 5x.
- Agency benchmarks quote search CPCs of ₹4 to ₹25 with Blinkit highest, display at ₹1 to ₹8, and banner CPMs of ₹80 to ₹250.
- Zepto's ad revenue reached ₹1,635.7 crore in FY26 from 2,468 brand partners, so the auction is crowded; budget from contribution margin, not platform RoAS.
Official portals
- Blinkit seller portal → seller.blinkit.com/
- Zepto brand portal → brands.zepto.co.in/
- Swiggy Instamart partner portal → partner.instamart.in/
In this guide
- How do quick commerce ads differ from Flipkart or Amazon ads?
- What ad formats does each platform offer?
- How is quick commerce ad pricing set?
- What RoAS do brands report on quick commerce?
- How much should a brand budget for quick commerce ads?
- Where do the reports live and what should you check weekly?
- Which app should you start with?
- FAQ
- Making quick commerce ads pay
How do quick commerce ads differ from Flipkart or Amazon ads?
Three things change. First, the basket is small and the session is short: a shopper opens the app to buy milk and is gone in ninety seconds, so an ad has one chance and a sponsored slot at the top of a search or category page is worth far more than on a marketplace. Second, ads only work where you have stock in the dark store serving that shopper; an ad for an out-of-stock SKU in a locality is money burned, and fill rate is an ad metric as much as a supply metric. Third, the platforms are mid-way between managed and self-serve. Blinkit has had a self-serve interface since December 2022; Zepto and Instamart give brands portal access but agency guides still describe a good deal of the inventory, especially banners and packages, as sold through category or brand solutions teams.
What ad formats does each platform offer?
| Format | Blinkit | Zepto | Swiggy Instamart |
|---|---|---|---|
| Sponsored search / product listing | Product Booster: top of search and category | Sponsored Products on search and category | Sponsored product listings on search and category |
| Banner | Sponsored Brand Banner at top of category page | Homepage carousel (six to eight slots), feature, category and thin banners | Banners on home screen and category pages |
| Category takeover | Category Page Takeover, full width | Category banners per category | Featured category placement |
| Brand page | Brand Store | Brand store within packages | Brand store or page |
| Other | Recommendation and listing spotlight ads | Swap and Save (shown when a rival product is added to cart); order-tracking screen ads; Atom analytics | Push notifications; promotional and deals placements |
| Pricing model | CPC for search; CPM or tenancy for banners | CPC for sponsored products; CPM, fixed or bundled packages for banners | CPC or CPM for listings; CPM for banners; quarterly packs |
Format names are as agency guides describe them in 2026 and platforms rename them often; treat the table as a map, not a rate card. The formats that matter for performance are the sponsored search products on all three. Agency reporting consistently finds that product boosters and recommendation ads deliver the highest RoAS while banners and brand stores are awareness spend.
How is quick commerce ad pricing set?
Sponsored search on all three apps is an auction priced per click, which puts it in the same family as Flipkart PLA and Amazon Sponsored Products (see our CPC glossary entry). Banners are priced per thousand impressions or as a fixed tenancy for a slot and a period. None of the three publishes minimum bids or floors. The public figures come from agency benchmark reports, and they vary with category, city and competition:
| Agency figure (2026) | Blinkit | Instamart | Zepto |
|---|---|---|---|
| Search CPC (Ladya, April 2026) | ₹6 to ₹25 | ₹5 to ₹20 | ₹4 to ₹18 |
| Top-of-search versus bottom (Ladya) | ₹12 to ₹25 versus ₹3 to ₹6 | ₹10 to ₹20 versus ₹2 to ₹5 | ₹8 to ₹18 versus ₹2 to ₹5 |
| Display CPC (Ladya) | ₹1 to ₹8 across platforms | ||
| Search CPC (other agency guides) | ₹2 to ₹15 | ₹2 to ₹12 | not separately quoted |
| Banner CPM (agency guides) | ₹80 to ₹250 depending on format and city | ||
Two other cost lines come up in agency write-ups and you should check both with your category manager rather than take them as fixed: one 2026 guide describes a Blinkit listing fee of ₹25,000 per SKU per state that is returned as ad credits, and describes Zepto entry packages of ₹5 to ₹6 lakh bundling homepage banners, in-feed placements and a brand store, with the Atom analytics subscription at about ₹30,000 a month. The same guide quotes Instamart quarterly brand packs at ₹8 to ₹10 lakh. All ad spend attracts 18% GST.
What RoAS do brands report on quick commerce?
The most-quoted number is from Zepto's draft red herring prospectus, which cites a Redseer report saying brands on quick commerce platforms generate a return on ad spend of 5x to 8x. It is a platform-side figure prepared for an IPO and describes the average brand, not yours. The DRHP also gives the scale: Zepto's advertising revenue grew from ₹49.2 crore in FY24 to ₹651.2 crore in FY25 and ₹1,635.7 crore in FY26, with 2,468 brand partners advertising during FY26. Blinkit and Instamart do not break out ad revenue in comparable detail.
Agency benchmarks are lower and, importantly, distinguish two numbers:
| Ladya benchmark, April 2026 | Blinkit | Instamart | Zepto |
|---|---|---|---|
| Platform-reported RoAS | 3.5x to 5x | 3x to 5x | 3x to 5x |
| "True" RoAS after commission and cost of goods | 1.2x to 2x | 1x to 2x | 1.3x to 2.5x |
| Commission range used | 12% to 20% | 15% to 25% | 10% to 18% |
Other agency guides claim an average of about 4x across the three apps and say a 4x to 6x platform RoAS is needed to be contribution-positive at a 65% gross margin. One warns that some dashboards compute RoAS on maximum retail price rather than the discounted selling price, which can inflate the figure substantially; recalculate on what the shopper paid. The honest summary: the platform will show you 3x to 8x, and after commission, fulfilment and cost of goods most brands are between break-even and 2.5x. Read our RoAS and TACoS entries for how to keep the two views apart.
How much should a brand budget for quick commerce ads?
Start from margin. Quick commerce commission plus fulfilment, storage and returns typically needs a 60% to 70% gross margin to absorb ads at all, according to the agency guides above; if you are below that, ads are a launch expense, not a growth lever. From there, two published rules of thumb:
- Ladya's April 2026 benchmark: ₹50,000 to ₹1.5 lakh a month for an emerging brand with one to five SKUs, ₹1.5 lakh to ₹5 lakh for five to twenty SKUs, ₹5 lakh to ₹20 lakh for twenty or more.
- Another 2026 agency guide: 8% to 15% of Blinkit GMV for an early-stage brand, and minimums of ₹15,000 to ₹1 lakh or more per format on Instamart.
An illustrative month on one app: a snack brand with four SKUs, ₹1 lakh budget, an assumed blended CPC of ₹8 gives 12,500 clicks; at a 6% conversion typical of a low-ticket impulse category that is 750 orders at ₹180 average, or ₹1,35,000 of attributed sales and a platform RoAS of 1.35x. At a 15% commission and 45% cost of goods the brand loses money on the ad-driven orders alone. The same maths at a ₹4 CPC and 8% conversion gives ₹3,60,000 and 3.6x, which is roughly the platform benchmark and roughly break-even after costs. The lesson is that quick commerce ads reward brands with stock everywhere, a low CPC from good relevance and a high conversion from being the obvious choice on a small screen, and punish everyone else.
Where do the reports live and what should you check weekly?
- Blinkit: the seller portal at seller.blinkit.com, with campaign reporting by SKU and city and keyword search volume and conversion data available before launch, according to agency guides.
- Zepto: the brand portal at brands.zepto.co.in, with Atom (paid) providing share of voice, search volume and neighbourhood sales data, and Zepto GPT for natural-language queries on shopping data, both described in the DRHP.
- Instamart: the partner portal at partner.instamart.in; agency guides say much of the ad reporting for packages comes bundled from the brand solutions team rather than a self-serve dashboard.
Weekly, check five things: RoAS by SKU and city on selling price, not MRP; CPC trend against the benchmark ranges above; fill rate in every city you advertise in, pausing ads where stock is out; share of search for your top three keywords; and the wasted-spend share, which Ladya estimates at 20% to 35% across the three apps, mostly from broad terms and out-of-stock localities.
Which app should you start with?
Agency guidance is to begin on Blinkit because it has the most mature self-serve stack and the deepest reporting, then add Zepto, whose CPCs run 30% to 40% lower for similar intent according to one benchmark and whose lower commission gives the best true RoAS, and add Instamart last unless your category overlaps with Swiggy's food audience. Whichever you choose, run one app profitably before you split budget three ways; three ₹30,000 campaigns learn nothing.
If you want the three portals, three RoAS definitions and weekly stock checks handled by one team, see our marketplace ads management service, which runs quick commerce ads alongside marketplace ads for brands.
FAQ
What ad formats do Blinkit, Zepto and Instamart offer? All three sell sponsored search or product listings on CPC, banners on homepage and category pages on CPM or fixed tenancy, category takeovers and brand pages. Zepto also sells Swap and Save cart ads and order-screen ads; Instamart sells push notifications.
What is a good RoAS on quick commerce? The platforms publish no target. Zepto's DRHP cites Redseer at 5x to 8x for brands overall; an April 2026 agency benchmark reports 3x to 5x platform RoAS and 1x to 2.5x after commission and cost of goods. Compute your own break-even from margin.
How much do quick commerce ads cost per click? No platform publishes CPCs. Agency benchmarks for 2026 quote ₹4 to ₹25 for search, highest on Blinkit and lowest on Zepto, and ₹1 to ₹8 for display, with banner CPMs of ₹80 to ₹250.
What is the minimum budget for Blinkit ads? Blinkit publishes none. Agency guides suggest ₹50,000 to ₹1.5 lakh a month for a brand with one to five SKUs and describe a listing fee of ₹25,000 per SKU per state returned as ad credits; confirm the current terms with your category manager.
Are Zepto and Instamart ads self-serve? Partly. Brands get portal access at brands.zepto.co.in and partner.instamart.in, but agency guides describe banner inventory and packages as sold through category or brand solutions teams, with Instamart on quarterly commitments.
Why is my RoAS lower than the platform says? Dashboards report on attributed gross sales, sometimes at MRP. Subtract commission, fulfilment and cost of goods and most brands sit between 1x and 2.5x, which is the number to manage to.
Making quick commerce ads pay
The apps will show you a RoAS that flatters the channel; your job is to find the SKUs and cities where the number after costs is positive and put the budget there. That takes stock discipline, weekly reports on selling price rather than MRP, and the patience to run one platform well before adding the next. Our marketplace ads management team does this for brands on Blinkit, Zepto and Instamart, with account management on the same platforms through our quick commerce service.
How we help sellers with this
Results for brands like yours
Related guides
- Amazon Ads Guide for Indian Sellers (2026)
- Flipkart Ads Guide (2026)
- How to Reduce ACoS on Amazon India (2026)
Want this handled for you?
Blooprint Automation runs marketplace accounts for brands across India. Book a free audit and we will tell you what to fix first.
Sources
- https://ladya.in/insights/quick-commerce-ad-benchmarks-india-2026
- https://globalwebsters.com/blog/quick-commerce-advertising-guide-blinkit-zepto-instamart/
- https://swcybernetics.in/guides/swiggy-instamart-advertising
- https://www.storyboard18.com/brand-marketing/zepto-ad-revenue-jumps-151-percent-in-fy26-ahead-of-ipo-debut-ws-l-100656.htm
- https://www.indmoney.com/blog/ipo/zepto-advertising-business-analysis