Rolloverstock, a B2B Ecommerce Platform, Is Quietly Making Significant Progress In The Industry, Unlike The More Well-known Companies Like Amazon And Flipkart

The post-Covid-19 economic recovery has led to a major transformation in the buying, selling, and operations of Micro, Small and Medium Enterprises (MSMEs) in India. Despite the focus on the booming B2C e-commerce industry, B2B e-commerce is quietly driving the economy by facilitating essential day-to-day transactions between businesses. This has been further accelerated by the pandemic and the government's efforts to digitize commerce. B2B marketplace platforms are playing a crucial role in this shift. 

“In 2022, the use of comprehensive B2B platforms, reliable networks, unconventional credit ratings, and simplified financing options gained momentum. As we look towards 2023, we can anticipate the emergence of novel and exciting trends in this domain that will shape the future of B2B e-commerce,” said Kishore Yedam, CEO of Federal Soft Systems Inc. 

Rolloverstock is a reliable B2B e-commerce marketplace that facilitates connections between manufacturers and master distributors with wholesalers and retailers, providing access to a broad range of product categories such as Home Appliances, Furniture, and Electronics, at wholesale prices. Unlike other e-commerce platforms, Rolloverstock has no restrictions on the quantity of products that can be ordered, allowing buyers to easily purchase in bulk quantities of up to 1000 products at a time. The platform has distinguished itself by offering cutting-edge technology that connects India's B2B market, providing an effortless and straightforward way for sellers to digitize and sell their products in bulk on the online marketplace.

Kishore, who is at the helm, stated, “Initially, we encountered several obstacles in convincing businesses to embrace our model. As most Indian businesses were accustomed to the traditional brick-and-mortar business model, many manufacturers were skeptical about its effectiveness. Despite our efforts to onboard them, we faced numerous setbacks. We invested in advertising and events but to no avail. Even our technological investments did not yield the desired outcomes.“

“However, we eventually realized that business success hinges on human relationships rather than advertisements. Thus, we shifted our focus towards becoming sourcing consultants, and gradually, we began to see progress. Today, we have successfully onboarded approximately 80,000 suppliers and facilitate around 300 transactions daily.“

Following their recent victory at the CII Scale Awards, Rolloverstock has announced plans to expand further into tier 2 and 3 cities.

“We are committed to empowering retailers in tier 2 and tier 3 cities by facilitating direct bulk purchases from manufacturers and master distributors to meet their business requirements. To assist these retailers, Rolloverstock's sales team visits their shops to understand their needs and provides them with access to loans in the form of cash or credit from banks, enabling them to purchase products efficiently,” said Kishore Yedam.

“Our team of experts collaborates with various logistic partners to ensure seamless bulk stock supply. Since its establishment, We have expanded its reach to cover over 200 towns, providing hassle-free supply, and continues to grow and expand its commercial reach and customer base through a seamless digital experience,” Kishore further added. 

We at Rolloverstock revolutionise the B2B eCommerce landscape by providing business owners with a user-friendly platform to sell their products, thereby enhancing their bottom line. From capacity planning to inventory management and optimization, demand management, order management, supply chain visibility, and many other services, Rolloverstock is streamlining and modernizing the B2B business by offering a wide range of products directly from manufacturers and master distributors to retailers and wholesalers. Through its efforts, Rolloverstock is fueling business growth in India and contributing to the development of the B2B Ecommerc eeconomy., Said Kishore on an end note.