Industrybuying Introduces India's first B2B Inventory Clearing Marketplace

Industrybuying.com, India's leading ecommerce B2B platform, featuring over 300,000 products on its platform announced that is has launched India's first of its kind B2b inventory liquidation ecommerce platform.

The platform lists excess inventory from industrial and B2B manufacturers and OEMs on a monthly basis and puts it online to be sold to customers all over India. Industrybuying provides nationwide delivery to fulfill these orders.

It is estimated that upto 10-15% of manufacturers' inventory gets classified as "dead" or "obsolete" and needs to be liquidated to release cash. Most OEMs implement end of month or end of quarter schemes to clear this excess inventory and make way for newer products and models.

The company has over 3000 products under its "Hot Deals" Inventory liquidation program , and is adding more every day.

The value proposition for both customers and manufacturers is clear:

Customers get a single point access to entire inventory of various brands and products at very cheap prices.

Manufacturers get a nationwide platform to dispose off their excess goods, which previously could only be liquidated through local distributors who have limited reach

Rahul Gupta, Co-Founder, Industrybuying.com commented, "Our focus is to address every gap in the industrial B2B space via ecommerce - Excess Inventory is a relevant and large component of the B2B story that has not been addressed before.

Our aim is to provide the fastest liquidation possible to manufacturers and the best prices to customers so it's a win-win for everyone".

Source : Equity Bulls

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