MyTradeBox, India’s first assisted bulk buying hybrid e-commerce start-up, will soon have a physical presence in local markets to give an ease of accessibility to local retailers as well as local buyers.
With a brand motto of -‘Happy sellers, Happy buyers’, it will give the e-commerce industry a facelift.
MTB works with a select group of sellers chosen for quality products and delivering quality service, to procure products of regular needs at very competitive rates under its arm, Trade Link.
The company has a specific vision of developing Tier 2 and Tier 3 markets and SME’s to reach out to local buyers through MyTradeBox local kiosks. The online hybrid e-commerce model helps them make better purchase decisions by giving them access to more listings across more product categories.
Jayant Mehrotra, Co-Founder, MyTradeBox, explains, “We are the first startup in India to truly focus on ‘Assisted Buying’ in the true sense of its term. Our local representatives and kiosks act as the bridge between local sellers and local buyers in all major business sectors. We are currently expanding in the Northern region of India, with a vision to have at least 10,000 small manufacturers signed up, doing business with 100,000 retailers across six major business clusters across India. Our focus centre is to give the SME sectors a major facelift, get customers access to everything that a business or a household may require. Our hybrid model serves both the B2B and the B2C sector and our aim is to bring in a harmony between SME’s, Manufacturers, Retailers and Buyers.”
The company has numerous quality touch-points to change how the e-commerce industry is progressing. A special feature called the ‘ESCROW’ account has also been activated with a leading bank ‘Kotak Mahindra’, where the seller/buyer can deposit any sum/large sum of money without having trust issues on either; the bank releases the money once a successful and satisfactory transaction of product is completed.
MyTradeBox is a unique combination of B2C & B2B platform
Source: Times of India
