Home / News

Business

  • 0

Marketplaces Enhance Reach and Store Fulfilment Digitally for Millions of Retailers

Marketplaces Enhance Reach and Store Fulfilment Digitally for Millions of Retailers

India: F2FMART, a new digital offering of Fibre2Fashion, offers a much needed helping hand to the retailer community (especially those in tier-2 and tier-3 cities) for their buying needs. Compared to traditional buying, they get several advantages: Lower MOQ, lower cost of fulfilment, assured quality, and a range of secured pay options.

There has been a clear shift during the COVID-19 pandemic in the behaviour of consumers, who are now buying more online. This growing trend of online buying is not limited to B2C and it can now be seen even in global B2B buying and selling.


 
"Digitisation has accelerated, and 40 per cent of consumers are buying more online than they had previously done. In fact, marketplaces contribute more than 50 per cent of the online global retail market," says Adi Kapadia, head of E-commerce, Fibre2Fashion Pvt Ltd.
 
With traditional selling comes various challenges like missed orders, low refresh rate, non-availability of new fashion, no possibility of ordering in low MOQ (minimum order quantity), or spending a lot on logistics. Additionally, many retailers miss out on account of the inability to invest in more stocks that are needed due to changing customer preferences, nor can they get access to mills and manufacturers directly.
To a great extent, these challenges can be overcome by discovering newer and effective ways to engage and compete in the ecosystem.
 
"F2FMART, a new digital offering of Fibre2Fashion, offers a much needed helping hand to the retailer community (especially those in tier-2 and tier-3 cities) for their buying needs. Compared to traditional buying, they get several advantages: Lower MOQ, lower cost of fulfilment, assured quality, and a range of secured pay options."
 
"They also get access to latest fashion from manufacturers as well as fabrics directly from mills producing them, thus saving on both cost and time.
What's more! There is order assurance for buyers with digital back-end managing online seller inventory and logistics," explains Kapadia.

Previous News

Technology News

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Gurugram, India – October 11, 2023: Samsung announced exciting offers

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

Bengaluru, October 10, 2023  IN-SPACe (Indian National Space Promotion and

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

New Delhi, October 3, India- Philips India announces an exciting co

Latest Business News

SANY India partners with J&K Bank to provide financial solutions to its customers

SANY India partners with J&K Bank to provide financial solutions to its customers

Mumbai, March 13, 2024SANY India, a leading manufacturer of construction equipment, has taken a

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Continuing its expansion plan in India, Radisson Hotel Group is excited to announce the signing of 150-room Radisson Blu Hotel, Ayodhya. A greenfie