Flipkart Wholesale claims to be a one-stop solution which will provide companies merchandise at significant value to assist them develop. It is available for fashion outlets, in particular shoes and apparel, in Gurugram, Delhi, Bengaluru.
Homegrown e-tailer Flipkart has released its virtual business-to business (B2B) marketplace as e-commerce corporations enhance such operations, digitising kiranas and leveraging on line sales to take benefit of India’s large patron base.
Flipkart Wholesale goals to connect local producers with retailers and convey the wholesale market at their fingertips by the use of technology.
In July, Flipkart received the Indian operations of Walmart Inc. as its US discern consolidates its operations on this fast-developing retail market to compete with Reliance Industries Ltd and Amazon, amongst others. Taking over Walmart India Pvt. Ltd, which operates the Best Price cash-and-convey wholesale stores, digital marketplace Flipkart Wholesale will assist the e-commerce company develop its B2B vertical.
Flipkart Wholesale claims to be a one-stop solution which will provide companies a wide selection of merchandise at significant cost to assist them develop. The platform is presently available for fashion outlets, specially shoes and apparel, in Gurugram, Delhi and Bengaluru, with plans to extend to Mumbai as well.
By the year-end, Flipkart Wholesale plans to extend to 20 more towns and in categories including domestic and kitchen and grocery.
The B2B digital platform, reachable to retailers thru the app on Google Play Store, ambitions to rope in over three hundred strategic companions and feature over 2 lakh listings in 2 months. Additionally, the platform will permit the onboarding of fifty brands and over 250 local producers in the coming days.
“Flipkart Wholesale is built on the core value proposition of bringing prosperity to Indian Kiranas and MSMEs by making their business easier using technology. With the strong capability within the group in B2B, we will focus on meeting the needs of kiranas and MSMEs by providing these small businesses a wide selection at significant value, powered by technology to make their lives easier,” said Adarsh Menon, senior vice-president and head, Flipkart Wholesale.
Flipkart Wholesale clients will have access to an smooth credit facility to manage cash flow, various merchandise, convenient order returns and rapid product delivery without delay to their stores with an smooth order tracking facility.
Reliance Industries’ e-commerce portal JioMart is operating with small shopkeepers or kiranas to permit on-line deliveries.
It plans to scale up the version going ahead and is predicted to extend to apparel, electronics and healthcare. Reliance JioMart, which has been onboarding kiranas, has shaken up lots of factors in the B2B market during the last six months.
“If Walmart wanted to build its B2B side of the business just by way of their own stores, the only way to succeed is to have Flipkart do it because that’s the way they can scale,” said an analyst, who didn’t want to be named.
