How are the Buyers Benefitted in Buying through mjvaluemart? Can you Really Have Control Over the Price at Which you Want to Buy?

MSMEs are the engine of economic development in India. They contribute 30% to GDP and it would not be wrong to say that they are the main income provider for people who are at the bottom of the pyramid. Rising internet penetration and the use of digital technologies have changed the way MSMEs operate. In 2020, there were over 749 million internet users in India. This figure is projected to grow to over 1.5 billion users by 2040. This large base of internet users has changed how MSMEs operate - how they sell and buy their products.

Many MSMEs in India are shifting to the e-marketplace route not just to showcase their products but to also reduce procurement costs. By collaborating with e-marketplace, MSMEs can take advantage of third-party platforms to reduce costs which allows for a more competitive pricing strategy that can impact volume sales.

How buyers are benefiting from mjvaluemart?

MRO spares such as gear boxes and ball bearings are an indispensable part of many businesses. mjvaluemart.com is a multi-vendor ecommerce website that brings together sellers who have unused inventory of MRO stock with the right buyers across the country.

Here are some of the benefits of buying MRO spares on mjvaluemart:

• Genuine used parts: For many small volume buyers, site inspection of spares is not feasible. At mjvaluemart, they get genuine unused products. Operated by mjunction (A SAIL-Tata Steel JV), mjvaluemart hosts only registered sellers selling genuine products.
• Convenience: One of the major problems that buyers of MRO spares face is the time and effort required to scout and procure a wide range of spares from different sources. With mjvaluemart, buyers can easily choose from the catalogue categories and buy products from sellers across the country.
• Inspection of inventory: If you are buying MRO spares at mjvaluemart, you can also opt for value-added services such as third - party inspection. This ensures that the products you receive meet quality standards. In certain cases, the products are also inspected by the sellers and reports are made available to the buyers.
• Lesser than market price: MSMEs get an opportunity to save costs by procuring products at lower than market prices.
• Doorstep delivery: mjvaluemart is an integrated platform that provides a seamless end-to-end experience. The platform provides logistics support for doorstep delivery.
• Improved accessibility: The reach of the internet transcends geographies and it provides buyers and sellers from across India to connect with each other. This allows buyers to directly engage with sellers with no middlemen or agents. This further reduces the transaction costs.
• Increase bandwidth of existing employees: Finding genuine MRO spares at discounted market prices requires buyers to have a dedicated procurement team. This team has to visit the various local markets to identify the right spares and negotiate prices. mjvaluemart is a one-stop online destination where the team can negotiate prices online. This frees up bandwidth of existing employees.

Buyers control the price: Know how

At mjvaluemart, buyers can offer a counter offer price against the listed price, giving buyers complete control over the purchase. Not just that, the buyer can also choose the quantity. The transaction takes place after the buyer and seller reach an agreeable price, thus ensuring a mutually beneficial and transparent transaction.

To become buyers at mjvaluemart, submit your request today!