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Thursday, April 18, 2024

India’s First Excess Inventory Marketplace – Excess2Sell

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In the early 90s we witnessed the start of e-commerce , that was followed by m-commerce in 2000. Now we are seeing the evolution of ‘Omni Channel Retailing” or in simple terminology “Multi Channel Retailing”. A true multi-channel strategy covers purchases from a store, purchases from a website, telephone ordering, mail orders, interactive television, catalogue ordering and comparison shopping sites. The aim of a multi-channel retailing strategy is to maximize revenue and loyalty by offering customers choice and convenience to the customers

At “Checkers” we aspire to play an important link in the “Omni Channel retailing”, but offering our B2B customers a smooth purchasing experience on our Online Platform. In short our Partners will mix the Offline and Offline fulfillment model, hence bringing-in ease of doing business across the geographies, without our partners to spend time/effort or forgoing their margins. In today’s competitive business environment, the most critical component of a successful and profitable business model is how quick a partner is able to “Rotate”. Which means order, procurement and then selling and payment received cycle. The more a partner can Rotate, the more efficiency he can bring in to his financial cycle.

Many a times a partner gets struck with “Excess Inventory” , the nature and scale of a partner’s business doesn’t allow him to expand beyond a few cities. Ultimately delaying or dis-balancing his “Rotation”. Hence ultimately affecting his profitability.

We wish to  play important role and are present at both sides of ‘excess inventory’. Till today the process of selling excess inventory actually means sending excel sheets to potential buyers which is an inefficient process, ultimately resulting in loss of profits. This is a revolutionary technology platform, something which markets have been waiting for to solve their excess inventory situations. This platform will enable the sellers to liquidate their excess inventory across India and enable the buyers to evaluate the offers from other than their own locations. www.excess2sell.com  gives unprecedented access to buyers and sellers into the excess inventory market at the same time maintaining the confidentiality of the seller as well as the buyer.  We enable sellers and buyers to the get the best buck for their excess inventory.

As per estimate approx. US$10B worth of excess inventory is floating every year in India in (Consumer Electronics, IT, Telecom, Surveillance, Automation). Excess2sell.com is one of a kind marketplace brings together Sellers & Buyers from all across India on a neutral platform and integrates all aspects of business operations right from helping seller partner list their excess inventory , polish their product offerings and on the other side finding the right buyers, efficient logistics and financial and secure transactions. For our retailers and wholesalers, we provide assisted excess inventory solutions. Our dedicated support executives work closely with our buyers and sellers and make sure that they have a hassle free experience. This platform virtually opens the whole country as a market to sell without investing in manpower or infrastructure.

This marketplace covers products across Computer Hardware & Networking, Software, Telecom & Mobility, Security & Surveillance and Electronics. In next phase home appliances, perishable goods will also be added. Checkers India Technology has deployed Business Consultants and Executives across India who work closely with the retailer and whole seller community for hand holding in the initial phase.

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