Problem
Running a successful wholesale business is not an easy task. Suppliers face many difficult challenges such as having unreliable demand, overheads that are extremely high and they are always being pushed to draw and retain buyers. To go through the traditional routes on how to reach the customers—relating that to relying on local markets or spending to advertise, which consumes margins. In addition, mistakes in managing inventory and choosing the right buyer led to wasted resources and lost opportunities. Suppliers need smarter, more cost-effective means to grow their businesses and eKomn plays that role very effectively.
Agitation
Imagine you’re a supplier with a warehouse full of high-quality products, but sales aren’t meeting expectations. You’re investing time and money into marketing and distribution, yet your profits don’t reflect your efforts. It’s even worse because your competitors are leveraging these online platforms like eKomn to expand their reach, and you are just left wondering how to keep up. Overwhelmed by the frustration of watching potential profits slip away, meanwhile, unsold inventory continues to pile up, increasing storage costs and squeezing further into your margins. You are losing ground every day to your competitors who have already seen the light of digital transformation. It really makes it hard to stay on top in such a fast-paced market.
Solution
Introduction of eKomn: The B2B platform helps suppliers sell their products to online sellers. Making use of the eKomn, suppliers can reach thousands of MSME online sellers with no extra cost.
1. Sell to Thousands of Online Buyers
Sell your goods on eKomn to more than 5,000 online sellers who are searching for high-demand goods. You are saved from the expensive marketing campaigns since all that is left is order fulfilment for you. A B2B marketplace ensures that through efficient dealing, you can acquire the highest profit while keeping most control over your sales channels.
2. Efficient Product Listing
No time will go by when you’ll upload your product catalogue to eKomn. The user-friendly interface offers the maximum visibility of your products for the prospecting buyers. Thus, more eyeballs on your product with no added cost of advertising. The eKomn dashboard also has the ability to track product performance and make changes in real time with control over your listings. Efficient product listing will be important for suppliers targeting their audience effectively.
3. Data-Driven Demand Insights
eKomn equips distributors with actionable information about the trends and demand in the market of the items. Being aware of what internet sellers require lets you update your stock and your price list according to what they are seeking in increasing sales for you. For instance, when one particular type shoots up in demand, you can put more effort into getting an edge in its development fast. This information on demand lets suppliers compete effectively.
4. Cost-Effective Distribution
eKomn Drop Shipping and Bulk Order Fulfilment: Simplifies and therefore saves on high-scale distribution costs. Economize on warehousing and transportation by serving numerous buyers. Equipped with eKomn logistic support, you can streamline shipping processes to ensure orders are delivered to the buyers within time limits. This ensures they derive maximum satisfaction and loyalty. Such products must be delivered at a low cost to ensure one retains minimal overhead expenses.
5. Added credibility
Tying your business to the eKomn network gives credibility to it. The fact that the eKomn is a platform that is trusted by its patrons gives confidence to other customers if your business is associated with such a site, which further can translate into repeat business or even stronger long-term ties. Suppliers who make use of the reputation of eKomn enhance their own credibility in the market.
6. Professional Help
The platform offers expert advice and full-time account managers to let you make the best out of eKomn. Be you in whatever category, new or mature as a supplier, the dedicated support of eKomn will help you equip for business growth. This has in addition provided training resources; thus, you and your team always stay abreast of best practices relative to the use of such features. Such support is crucial to maximizing supplier profits.
Case Study
For example, Kumar Exports is a medium-sized exporter of home decor. Prior to the engagement with eKomn, they had no access to trusted buyers and had to rely on trade fairs and middlemen, which seriously damaged profitability for them. Within three months of selling through eKomn, Kumar Exports enjoyed 40% sales growth. They focused on trendy items and reduced unsold inventory by 25%. It provided them with insight into demand. Therefore, their strategic turn increased their earnings and streamlined operational efficiency.
Bright Supplies is an eKomn wholesale electronics provider that uses the service to connect online sellers from Tier-2 and Tier-3 cities. The company was able to get rid of all costs related to ads and increased margins by 30 percent within six months. This also made them have a taste for drop shipping services in the model adopted, where there would be no storage facility, thus lowering their overhead cost. Bright Supplies will demonstrate how suppliers can utilize low-cost B2B solutions to their advantage.
eKomn has a network of buyers and the suppliers with these sales running for only four months, they have doubled already, as these customers get them constant bulk orders. This case study leads one to understand the network at online seller levels for niche products.
Conclusion
If you would like to change your supply business and do profitable businesses with less cost, now is the time to join eKomn. Sign up today, and you are on your way to smarter, more profitable selling. Do not let inefficiencies hold you back. Let eKomn be your partner in growth. Start now, and see how your business grows into something you never could have imagined. The obvious benefits of using eKomn-from-demand insights for cost-efficient distribution are to avail yourself of this B2B marketplace for suppliers and make the most of your revenues today.