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Benefits of getting your wholesale business online – Wydr. The wholesale market in India has largely been missing in action in terms of technology, or innovation.
Why the Next Growth Spurt for Wholesale is Going to Come from Mobile Technology – Wydr. Estimated Growth of E-Commerce Saying that E-commerce in India is booming is an understatement.
E-commerce has taken the Indian B2C market to a whole new level. To help you understand how, here is a statistic, as per Unitus Seed Fund, currently the eCommerce market is valued at around $3.1 billion and it is estimated to be worth $75 billion by 2025. That’s a forecasted growth of 25 times in 9 years! Source From an Online Wholesale Fashion Store For This Wedding Season. With the wedding season upon us, everyone is either having a wedding or a going to one.
Hence it is important to keep your wholesale fashion store updated and ready to meet the demand of retailers. For retailers too this is the last big demand season for their clothing store, so they should keep their stores ready with the latest merchandise from offline as well as online wholesale cloth markets. While weddings in India are traditional and religious affairs, there is also a whole lot of color and style involved, this is most apparent in the apparel everyone chooses to wear.
Every season the fashion and trends change and people try to emulate these trends in their wardrobe choices. One of the biggest influences is Bollywood, from where most clothing inspirations come. Reach New Bulk Buyers & Sellers – wholesale app india. Wholesale is a legacy business in India continuing from generation to generation.
Till date the business relationships that one saw in the wholesale trade spanned long history and even multiple generations. There was the trust factor. Wholesaler sold to a particular retailer in an upcountry market because the retailer had an established track record of making payments in time. There was a trust factor that also allowed the wholesaler to sell on credit. Leading Online Wholesale Marketplace in India. The dependence on stores as a means to distribution points for products is swiftly shrinking with the advent of eCommerce models.
The online wholesale models are effectively catering to the basic shopping and distribution needs which, until now could only be fulfilled by the brick-and-mortar online touch points. Retailer Media caught up with Devesh Rai, CEO & Founder of Wydr, a mobile-based marketplace platform for wholesale buying and selling. Mobile wholesale democratisatising traditional retail - Wydr. Let us briefly look at the state of mobile commerce business in India.
Since circa 2014, rightfully defined as the ‘year of the mobile’, till today, mcommerce has been witnessing increased traction and the magnitude of this traction burgeons at a blitzkrieg rate, particularly at this time of the year, marked by the festive season. Interestingly, much of this traction comes from the Tier 2 and Tier 3 cities and towns. We strongly believe in the fact that mobile is the future of commerce in India and that is the reason our business strategy has been ‘mobile first’ from day one. We are a wholesale B2B marketplace on a mobile platform.
Mobile technology is revolutionizing the tier 2 and 3 markets. Time for the Indian Retailer to Buy in Bulk Online – Wydr. Indian consumers have taken to ecommerce for all their needs from grocery to apparel to financial services.
Ecommerce companies have pulled out all stops in sweetening the offers on a the entire range of consumer products starting with books and mobiles upto high end televisions. Having tried and tested the quality, trust and delivery aspects of ecommerce services, the young Indian is now hooked onto the sheer convenience of anytime, anywhere shopping.
However one level above the consumer, there is not much change in the purchase behavior. The offline retailer still follows the traditional method of purchase. Typically his source of stock comes from the wholesale market in a big city or from the sub-distributor if he is in a smaller city. Wydr Wholesale Ecommerce App Enabling Retailers. Mobile wholesale – democratising traditional retail - My Big Plunge. Startup FundingWire: Eywa Media, Loancircle, EasyFix and Wydr. Digital Signal Processing Startup Eywa Media Raises $1M from ah!
Ventures, Viktor Koenig and Mantra Ventures Eywa Media Raises $1M from ah! Ventures, Viktor Koenig and Mantra Ventures- Shown Above: Eywa Media’s Team Eywa Media, a digital signal processing technology startup, has raised a seed fund round of $1 million through ah! Ventures, US-based private equity fund Viktor Koenig and Indian venture capital firm Mantra Ventures. The deal was supported and syndicated by ah! The firm is exploring options to foray into the US, Malaysia, Thailand, the Philippines, Qatar and Saudi Arabia. Loancircle Raises Angel Funding from Topper’s Co-Founder Zishaan Hayath and Others Loancircle Raises Angel Funding from Topper’s Co-Founder Zishaan Hayath and Others – Image Source The startup is owned and operated by Moneyvation Technologies Pvt Ltd. and was founded in 2015 by Tanuj Mendiratta, Anubhav Jain, and Abhishek Arora.
EasyFix Handy Solutions Raises Funding from Axilor Category Investments Startups. Wydr offers easy access to working capital loans to its associate retailers. Updated: Oct 04, 2016 16:47 IST New Delhi [India], Oct 4 (ANI): Wydr enters into strategic partnership for preferential rates with multiple online lending companies such as Lendingkart, CapitalFloat, Indifi and Flexiloans.
These partnerships are aimed at offering easy and collateral-free working capital loan to the retailers with minimum documentation. Adding to joy of the retailers, when they buy goods on credit on Wydr's platform, Wydr will reimburse interests incurred till Diwali. Therefore, retailers can tide over the surge in working capital needs and let business gear up to meet demand. "Conventionally Diwali as a festival, holds special significance to the business community in India. Factoring in the contemporary festive trends, One of Wydr's associate retailers said, "Diwali accounts for approximately 40 percent of our annual sales in appliances, electronics, fashion and home decor. Wydr offers easy access to working capital loans to its associate retailers – India4u. Wydr offers easy access to working capital loans to its associate retailers - newkerala.com #127761. NK Business, New Delhi [India], Oct 4 : Wydr enters into strategic partnership for preferential rates with multiple online lending companies such as Lendingkart, CapitalFloat, Indifi and Flexiloans.
These partnerships are aimed at offering easy and collateral-free working capital loan to the retailers with minimum documentation. Adding to joy of the retailers, when they buy goods on credit on Wydr's platform, Wydr will reimburse interests incurred till Diwali. Therefore, retailers can tide over the surge in working capital needs and let business gear up to meet demand. "Conventionally Diwali as a festival, holds special significance to the business community in India. Understanding the pain points and need for high value short duration funds Wydr designed the Unique Interest free Loan plan to boost the trading capacity of our associate retailers, this festive season. Give your Store a Makeover this Festive Season! – Wydr. Festive Season is considered as an imperative period for soaring profit margins.
Almost every businessman eyes the season of celebrations for higher gains! Therefore, it becomes significant to ‘dress-up’ your shops differently for every festival. Highlight the Trending Products Source: behance.net The latest lehengas, suits, sherwanis or sarees will always catch the fancy of buyers. 5 Premium Corporate Gifts! – Wydr.
Festive season is the period of celebrations, joy, sweets and gifts. The season of celebrations demands proper planning, especially when it comes to business gifting. Corporate gifts exhibit the image of a company, therefore picking the right gifts for the right people is really important. Wydr has a range of gifts for all levels of employees and business associates. Innovative Home Products – Wydr. People are always looking for hacks to simplify tasks in the kitchen and home. Wydr has a range of Home products which are not only delightful to look at but easy to use and help in saving time.
Products that will attract attention in your store and make your clients come back again for more. Automatic Toothpaste Dispenser With 5 Toothbrush Holder Keep your toiletries clean, neat and organized Colorful Cake Server Does a great no mess job at parties Color Change Digital Alarm Clock The Led Color Changing Digital Alarm Clock features a glowing Led display in 7 changing colors along with date (month/day), temperature and 8 alarm songs Colorful Beater Battery operated electric eggbeater , coffee mixer in a choice of colors. Corporate Gifting Solution by Wydr - Wholesale ECommerce. Wydr - Wholesale eCommerce App on the App Store.