Wydr in b2b wholesale trade business app

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Wydr.in: B2B Wholesale Trade Business App 1.28.5 Update

The startup ecosystem has woken up to the huge potential of a USD million addressable market wydr in b2b wholesale trade business app digitising the supply chain and procurement cycles of unbranded neighbourhood stores, wholesalers, and manufacturers. Companies such as Wydr, ShopX, and lately the Jaipur-based B2B ecommerce startup WholesaleBox are building data-driven intelligence around the existing wholesale ecosystem, which is helping manufacturers and shopkeepers simplify processes, reduce costs, and widen discoverability across the nation. These companies offer their marketplace to manufacturers, wholesalers, and retailers, across categories like fashion, home, automotive and electronics. While Wydr has spread across multiple categories, ShopX deals with daily need products at kirana stores. Wholdsale, on the other hand, buiness only with fashion and lifestyle products. Mobile-based B2B marketplace Wydr, which recently raised an undisclosed amount in a fresh round of funding from its existing investors, is also strengthening its seller base, setting up pan-India offices and is looking at improving its product and technology stack to penetrate deeper in the Indian wholesale market.

Wydr.in: B2B Wholesale Trade Business App 1.28.5 Update

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The startup ecosystem has woken up to the huge potential of a USD million addressable market for digitising the supply chain and procurement cycles of unbranded neighbourhood stores, wholesalers, and manufacturers.

Companies such as Wydr, ShopX, and lately the Jaipur-based B2B ecommerce startup WholesaleBox are building data-driven intelligence around the existing wholesale ecosystem, which is helping manufacturers and shopkeepers simplify processes, reduce costs, and widen wydr in b2b wholesale trade business app across the nation. These companies offer their marketplace to manufacturers, wholesalers, and retailers, wydr in b2b wholesale trade business app categories like fashion, home, automotive and electronics.

While Wydr has spread across multiple categories, ShopX deals with daily need products at kirana stores. WholesaleBox, on the other hand, deals only with fashion and lifestyle products. Mobile-based B2B marketplace Wydr, which recently raised an undisclosed amount in a fresh round of funding from its existing investors, is also strengthening its seller base, setting up pan-India offices and is looking at improving its product and technology stack to penetrate deeper in the Indian wholesale market.

Neither do they have to travel a long distance to source directly from hubs. This escalation of cost also makes online commerce such as Flipkart, Myntra, and Amazon unviable for the small retailers. But with high procurement costs, sellers find it difficult to reduce prices to match the lowest priced product online, without compromising on margins.

Products that will give higher margin will land up online, compromising on quality. That probably explains why Dangyach met with immense resentment from sellers and retailers in his first attempt to approach them to read the market. Instead of creating a new infrastructure for the small sellers to create an online presence, strengthening the back-end supply chain and procurement cycles through technology is far more sustainable, according to Amit Sharma, co-founder and CEO of ShopX.

Force fitting a business that has no digital experience, onto a digital platform, will not work for. Singapore-based Shopmatic, for example, has integrated several digital layers including FB messenger, WhatsApp, e-mail marketing, shipping, accounting, and consumer engagement tools, all in one app to create an online presence at the store level. First, we make sure their listing is visible across several marketplaces. These companies are also helping small sellers and retailers discover trade deals and new product information nationwide, which in turn helps them negotiate better prices, and be in tune with the trending products.

The wholesaler and manufacturer also have a lot to take away from companies such as Wydr and WholesaleBox. With over one million retailers, Wydr provides wholesalers with an exposure to a bulk buyer base.

Manufacturers and wholesalers are not restricted to their own region for business. They can sell to any part of the country without having to invest in sales. This creates delays in payment cycles, which is a big pain point for. The company, including its peers, ensure a steady day payment cycle to manufactures and wholesalers and maintains an active inventory listing online which is updated with each sale to avoid pilferage. Manufacturers can also read simplified analytics on which geographical location is showing the most traction for which colours and patterns, and so on.

It’s a win-win for manufacturers as they get visibility of cash flows and reduce risk of unstructured credit, thereby lowering costs and even improve their realizations. Shops also get doorstep delivery, small and frequent supplies, trade assurance and tools to ramp up their offline sales.

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