Mumbai: One of the biggest challenges of a partner is having the excess inventories unsold. To address this problem, Mumbai based Checkers India’s portal claims to helps channel retailers and distributors across India liquidate their excess inventories.
Excess2sell.com, a comprehensive B2B platform market place is formed exclusively for excess inventory management across verticals, such as CE, IT Hardware & Software, Telecom, Security, home appliances etc.
According to the company, the business aims to help retailers and wholesalers across all trade networks and channels optimize their costs with excess inventory management through its portal and provides access to buyers across the country.
For domains like IT, Peripherals, Telecom, Home Appliances, Home Automation, Mobility Products it is close to US$13B Yearly. Excess2sell focuses on B2B vendors, manufacturers, distributors, sub-distributors, dealers, wholesalers, resellers.
Rajan Sharma, CEO of Excess2sell said, “Going forward, the company has plans to make partner and business acquisition mode through field strategy going to more than 100 locations across India.
“We are working towards making this platform GST enabled to ensure India’s biggest partner to partner aggregator post GST and ensuring co-op and channel partner initiatives as to become leading platform of excess inventory by being present in various forums, platform of industry,” he said.
Sharma added that the USP of their business model is of a demand-driven mediation for movement of excess inventory connecting the buyer and seller through a single platform, rather than a brand play or sales driven one which is a capital intensive model.
The transparency between the two ends of the trade is managed by the company through intense verification process in its platform and exclusive interface for both the parties.