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Showing posts from October, 2020

Leveraged B2B ecommerce capabilities for Manufacturers

E-commerce comprises traders, suppliers, distributors, retailers, exporters, and importers. However, these e-commerce facets are always incomplete and non-functional without manufacturers. It should be noted that by 2027, India has anticipated a 6.2 trillion dollars e-commerce market. However, 1.2 trillion dollars is expected for manufacturers’ ecommerce transactions by 2021 in India. This estimation is close to B2C market anticipation but not even half to the B2B market. India needs number growth in the Business-to-business market that can be achieved by leveraging on Manufacturers. Consideration of Manufacturers’ B2B programs: Manufacturers facet of the B2B e-commerce marketplace permits companies to integrate ordering functions that make customers’ life more comfortable. Using a mobile device or PC, they can: Download specifications about machines or equipment for orders Access tickets of owned goods service Use auto-service for invoice or bill generation What are

Tradila Seller vs. Shopify

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Tradila Seller vs. Shopify Tradila Seller is like Shopify but totally FREE to sell online, you can create your own online store at Tradila Seller very easily and within minutes which is not possible with Shopify. Tradila offers you many advantages over Shopify, including an easier store set-up, store & inventory management, maintaining your digital ledger (digital khata), and great user experience etc....  Start Selling with Tradila Seller Find out below why Tradila Seller is the best Shopify alternative available !!  # Free Plan: Feature-rich free plan always available with tons of included features to run your online store. # Free Trial: Starter plan is $14/month and prices go up from there for other plans. # Tons of features included in free plan at no additional cost # Very few tools and additional features included. 1:- Easy to Start; create store in simple few steps and within minutes without needing a web developer 1:- Lengthy Setup Process; before you can start sellin

Impact of Coronavirus on Small Businesses

Small entrepreneurs are amid a churn. It is because the pandemic crisis has significantly changed the business model. Most entrepreneurs lost their business at the beginning of the pandemic because they had to close their stores to primary clientele, i.e., walk-in customers. However, most went online soon. Many small scale businesses now possess an  online store  or website that enables consistent transactions. Attributable to the familiarity with online tools and online media, it is convenient to upload products and services for  online sales . Since demonetization in 2017, payment mediums have become electronic. It is now helping small scale businesses to receive payments for their services and products without meeting the real buyer. Even the owners who were not familiar with  online business  are creating placards and business cards to share on social media and with potential customers. If the only problem to resolve is warehousing and logistics of product delivery and pickup, they

The difference between wholesalers, retailers and merchants

A viable marketing channel is a necessity for any item to find its value in the market. Organizations that fabricate merchandise and other materials follow various business models in order to achieve success. A flexible system of distribution is required between the fabricator and the consumer. One of the most successful mechanisms for channel sales is the 3-tier system of distributors, wholesalers, and retailers. Though it is very common to be confused about the distribution hierarchy, this article tends to make the system easier to understand. Basic Idea Retailers are businesses working for earnings through the method of direct sales to the customer. Distributors have a business association with producer. They have the freedom to sell to the wholesalers/retailers, even directly to the consumers. Wholesalers purchase a huge amount of items legitimately from merchants. They can either sell to retailers with discounts on high volume or to the shoppers directly. One can already mark mult

How is Tradila changing the life of small SMEs in the country?

As we all know, the coronavirus pandemic has turned the economy and our lives upside down. It has also brought us together to help each other on moral and potential grounds. Tradila is a wholesale e-commerce market. It helps companies to buy and sell bulk products at once. SMEs- Small and medium scale industries contribute more to the GDP as compared to large scale industries. Most SMEs deals in consumer products, cosmetics, kitchenware, cleaning items, groceries, stationery, and related items. No matter whether you are a wholesaler, trader, retailer, or supplier, Tradila is always open to assist you in the business. You can enjoy consumer’s and seller’s side by buying and selling items in bulk quantities.   Many SMEs hesitate to come online for their business. They worry about promotion, sales, customer service, and whatnot. However, Tradila Platform has always been open for SMEs in becoming online and one-stop destination business. It is also downloadable from Google Play-Store. T

Digital is the only way forward post-COVID

The sudden shift to digital advancements powered by the COVID crisis will start the recovery. Many companies have digitized their business to serve customers and protect employees facing transportation limitations after the COVID lockdown phase. The recent data depicts that India has jumped five years ahead in business and digital consumer adoption in only eight weeks. How well are industries adapting to the new change? ·       Banks  have shifted to remote service and sales teams. They also launched automated outreach to consumers to make comfortable payment solutions for mortgages and loans.  ·         Grocery Stores  are adopting online delivery and order as the primary business.  ·         Manufacturers  are making plans for "light out" supply chains and factories.  ·         Doctors  have started providing telemedicine supported by flexible regulations.  What are the on-going changes? Since some areas are reopening, many companies plan to return to semblance in

Future trends of B2B marketplaces in India

The large entrepreneurs' involvement in the B2B ecommerce industry is making India become the upcoming big market. Being standing among the worldwide largest economies, India has enriched experience. The global players also make considerable investments in India's B2B marketplace.  Moreover, "3 trillion dollars" is the 2020 expected GDP in India. Over 39 billion dollars are spent on the ecommerce market in 2017. It is anticipated to reach 64 billion dollars in 2020. In conclusion, B2B marketplaces in India are expected to four times improve the market share between 2018-2024. Before starting with the trends, you need to comprehend B2B benefits that Indian marketplaces can proffer: Bargained, Quoted, or Auctioned Price Credit Payments Higher Transaction Values Multiple Decision Makers Multiple Deliveries Rational Buying Due to technological advancement, B2B commerce has procured significant benefits in numerous areas. Indeed, B2B marketplaces are an indispensable comp

Why should your business get online business?

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Considering the current crisis in mind, online business has become the order of the day. Before deciding to bring your business online, you need to understand eCommerce and its functioning. Ecommerce is a process of selling and buying services and goods through online mediums. If you want to compete in the industry, you need to transform your business and its workability. Being online business is seemed to be only feasible solution to run your business smoothly and elevate it to the next level. Whether you are an independent retailer, large corporation, or small business, you can procure unmatched benefits from integrating ecommerce into your business strategy.  2020 has brought uncalled and long-haul changes in everybody’s life. It has impacted both industries and buyers. If you have a physical store that is shut down because of COVID-19 crisis, then it is the right time to become online. You can start creating your brand, customer base, and market credibility that will last until you