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About Us
We are a first of its kind B2B Managed Marketplace Ecommerce platform in Indian Electrical Industry which offers you the following value
propositions
Our vision is to convert the traditional industrial distribution business
into a professionally managed, technology driven ecommerce
organization using our 45 years of industry experience
PAN INDIA
SOURCING
GLOBAL
REACHEXCESS STOCK
LIQUIDATION
LOGISTICS
NETWORK
AUCTION
PLATFORM
Global and India Market Potential
NORTH AMERICA
LATIN AMERICA
JAPAN
USD
100B
More than USD
250B+
USD
100B
INDIAN CONTINENT
ONLY INDIA MARKET OPPORTUNITY FOR SHOPELECT.COM CURRENTLY LISTED PRODUCTS STANDS AT APPROXIMATELY INR 48,000
CR AND IS READY FOR ECOMMERCE CONVERSION
GLOBALLY ESTABLISHED
PLAYERS
Beta launched in 2012, has 2.5 million listed
items
Public listed with a USD 19 B valuation, 15
million items and operations in 20+ countries
Public listed in Japan, started in 2000,
valuation of USD 4B and 7 million listed
items
Emerging procurement trends
In the last 10 years, B2B buyers started undertaking
pre-purchase research online
before making the purchasing decision
FACTELECTRICAL & ENGINEERING PRODUCTSACCOUNTS FOR 10% OF NEW PROJECT COST. IN EXISTING INSTALLED BASE
MRO(MAINTAINANCE) PURCHASES ACCOUNT FOR AS MUCH AS 25% OF THE INDIRECT PROCUREMENT.
The underlying challenge - traditional
B2B buying is inefficient
HIGHLY FRAGMENTED INDIAN MARKET ARE STILL THROUGH THE TRADITIONAL 4 TIER CHANNEL MAKING SALES PROCESS
EXTREMELY INEFFICIENT
DISTRIBUTO
R
Each brand has 1000s of distributors holding huge stocks at different discounts
CUSTOMER
Every industry needs electrical and engineering items
TRADITIONAL
CHANNEL
Offline method and highly inefficient for both parties (e.g. catalogues, emails,
meetings etc)
Understanding the value chain of
the problem
THE PROBLEM
The inefficient procurement value chain leads to
millions of dollars of losses year on year – what’s the
solution?
Matching specs, lacs of products, comparing similar products, Long Tail
Difficulty in finding reliable suppliers, Risk of duplicate
products, High Shutdown Cost
Issues of price discovery & transparency because of a lack of a correct price list, discounts, taxes, packaging costs etc
Undertaking endless offline meetings, calls and negotiations
Shopelect.com is
revolutionizing the way
B2B procurement
happens
Buyer selects the items on our website, from a current list of over 2 lac products
Choice to purchase the item immediately at the displayed discounted price
Have Time then Conduct an e-auctionby paying an auction fee
Pan-India dealers notified and participate in the online e-Reverse Auction for availability and lowest price
Customer confirms and pays, closest warehouse delivers from
lowest cost supplier at Local VAT
How we create value for our customers
and suppliers
CUSTOMERS SUPPLIERS
Competitive/Best Price
PAN India Sourcing
Immediate Delivery
Single Source for Aggregation of Categories & Brands
Ease of use in terms of time saved in product sourcing
Significant cost savings by removing the middleman
Increase in business efficiency
Increase in sales and brand awareness
Low cost of lead conversion
Wider global reach
Ability to liquidate excess stock
Get additional turnover discounts from OEM
Leverage of existing relationships to supply more products
A Pan-India logistics partner with outstanding
credentials on pure variable
Logistics Service Revenues in excess of INR 1750 Cr
More than 13 offices, and over 88 operating locations across the country
Deployment of over 25,000 vehicles a month, across transportation operations
Operational space is over 5 million square feet for warehousing with Local VAT
registrations
Will promote shopelect.com to their existing 200+ large customers
Our successes till date
BUSINESS SIDE OPERATIONS SIDE
200,000+ SKUs 3000+ Dealers Connected
1.3 mil Customers Database
Seller Portal
Presence at the Elecrama
exhibition
Strong order book and testimonials
Strong Integrated ERP
Technical Detailed Contents /
Description
ISO Certified Company
PAN India –VAT, Excise Registration
