Why is the e-marketplace Model a Better way to Sell your non-moving Obsolete Spares?
Is your surplus inventory blocking your capital and warehouse space? By registering on an ecommerce marketplace such as mjvaluemart you can reap the benefits of digitalization. Earlier, to clear up warehouse space and to liquidate inventory, companies were compelled to sell spares as scraps. Thanks to mjvaluemart, an e-marketplace from mjunction (a SAIL-Tata Steel JV), sellers no longer have to do that. The e-commerce marketplace connects the sellers with the genuine, unused inventory of MRO spares with the right buyers.
If you wish to sell your non-moving obsolete spares, here’s how mjvaluemart is the right solution for you:
- Readily available digital platform
One of the key benefits of joining an e-marketplace is that you don't have to invest money, time and effort in maintaining a digital platform. The e-marketplace ensures that the website is robust and up-and-running always. By registering on mjvaluemart, sellers can upload and sell unlimited products. mjvaluemart can also assist the sellers to upload the products online at additional charges. For a nominal registration fee and commission on products sold, you can liquidate unused, genuine MRO spares that are taking up your warehouse space.
- Individual spare listing with detailed info
The variety of assortment an e-marketplace offers is exactly what attracts customers. All spares are displayed under proper MRO spares categories. For instance, bearings, gear boxes, valves and fasteners. You can easily upload your products under relevant categories. In case, you need help in preparing the catalogue, mjvaluemart team can organise a physical visit and verification of the products. We can also help in preparing and uploading the catalogue.
- Reach out to the right buyers
The e-marketplace transcends geographies and provides buyers across the country an opportunity to connect with you. This enables you to choose the best price quoted. The buyers could be MSMEs which may be the end-users or trade channels that are dealing with some of the categories.
- Value-added services
When you get on board mjvaluemart, you get several value-added services such as third party partnerships to provide logistics, inspection, shipping insurance and financing.
- Marketing integrations
Since the competition in the e-commerce industry is increasing, e-commerce players are spending heavily on marketing to improve site traffic, acquiring new customers and improving sales. Their integrated marketing plan involves blogs, social media and Google Ads for wider reach. As a seller, without any additional cost of marketing, you will reap benefits.
- Higher price realisation
Offline selling of MRO spares is not just time-consuming but also the returns are low. Due to the low participation of end-users, products are sold in lots. This is conducive for the scrap dealers but sellers often end up getting only scrap prices. With so many end-users available on e-marketplace, the price realisation will be higher than scrap prices.
Register online and become a seller on mjvaluemart today!