The Pain of Managing Inventory

The pain of managing return inventory is something every business owner has experienced at one time or another. As a business owner, it's hard to reconcile the fact that you spent time and money to get a product out the door, only to have it returned shortly afterwards.
Continue Reading

How to grow your business with Inventory Management

For many businesses, there is both positive and bad news regarding inventory management. Is that terrible news? Because it can be difficult to maintain inventory, businesses frequently put off reviewing their procedures.
Continue Reading

Reselling Tips: How to Sell Out-of-Season Inventory

Seasonal changes are welcomed by businesses with new and updated stocks. But it becomes a big issue to deal with the out-of-season inventory for businesses. This unsold bundle of out-of-season inventory puts a restriction on the inflow of new inventory and it even freezes the capital or funds invested in purchasing such stock by a company.
Continue Reading

The True Costs and Hidden Expenses of Obsolete Inventory

Inventory management is an important business operation for every business that deals in some kind of physical product. A lot of businesses follow the best inventory management practices. They use demand forecasting tools to make purchase decisions, install the best inventory management automation tools in the warehouse and hire the best warehouse labor and staff to manage and look after the inventory.
Continue Reading

5 Ways to say Goodbye to Surplus Inventory

Inventory management is an important business operation for every business that deals in some kind of physical product. A lot of businesses follow the best inventory management practices. They use demand forecasting tools to make purchase decisions, install the best inventory management automation tools in the warehouse and hire the best warehouse labor and staff to manage and look after the inventory.
Continue Reading

Understanding Inventory Control: Importance, Methods and Best Practices

Inventory or stock forms an important part of any business that deals with any kind of product. This inventory is crucial as it helps a business to become and stay profitable. Managing and controlling inventory could be a daunting task. The introduction of technology, digital tools and methods have helped businesses to keep track of inventory. But what is inventory control and what is its importance in the business world?
Continue Reading

Liquidate Surplus Inventory to Improve Your Bottom Line

Inventory management may make you anxious every time but it is a crucial part of any business that deals in physical goods. Managing the inventory efficiently in the warehouse and in the store can help you in increasing your profits. One of the biggest problems related to the stock in the business world is that of excess inventory.
Continue Reading

7 Ways to Convert Slow-Moving Excess Inventory Into Cash

Inventory management is a crucial part of every business. Despite taking calculated measures to manage inventory in the warehouse, many businesses are left with a slow-moving inventory or excess inventory. It is necessary to move such inventory from the warehouse as it tends to affect the profits and increase the expenses. Here are some ways to convert slow-moving inventory into cash.
Continue Reading

Surplus Stock: Secrets of Inventory Management

Inventory is an essential part of any business dealing with physical goods. The proper management of inventory is crucial for any business enterprise as it helps in curbing losses along with increasing the profits for the company. Excess or surplus inventory is a common problem faced by businesses all around the globe. But what are the major causes that lead to surplus stock in the warehouse?
Continue Reading

Inventory Management: The Key to Strengthening your Supply Chain

If you run a business or a trading company that deals in a product, then inventory management is a crucial area of operation for you. Some businesses are unaware of the crucial role played by the inventory in the overall functioning of a business.
Continue Reading

Overcoming Excess Inventory challenges With a Digital Approach

One of the biggest challenges for any business is the overstock of certain SKUs remaining in the warehouse. Excess inventory is not only a problem that affects the profit of a company but it has an immense negative impact on other aspects of a business. The company needs to spend funds on the maintenance of this overstock while the company is also mindful of launching new stock due to the unsold old stock.
Continue Reading

Out of stock Vs Overstock: Striking the Balance

What do you like better? Stocking up on your inventory levels a little less than the demand due to a fear of overstocking, or keeping your inventory always high to never run out of anything? Well, both alternatives are unacceptable!
Continue Reading

How Excess2Sell simplifies B2B

Do you face issues with your business but still avoid B2B platforms due to their complexity? What if you could have the B2C experience while selling and buying on a B2B platform? Sounds too good to be true? And yet, it can be true. The time has come for a proper exploration of what B2B platforms have to offer to aid the growth and profitability of your business.
Continue Reading

7 Smart ways to get rid of Excess Inventory

Are you tired of the excess inventory in your warehouse? Don’t know how to sell them? Here we have seven proven techniques to get rid of them. Some of this will help you expand your network and customer base as well.
Continue Reading

How to deal with Excess Inventory during the Pandemic?

People are losing jobs, businesses and entrepreneurs are facing the biggest crisis and we still are giving you hopes to sell your excess inventory. The best possible manner to liquidate surplus items is the online industry.
Continue Reading

Looking for Wholesale Healthcare Essentials? Buy in Bulk with Great B2B Deals

Health and well-being come first and with the current COVID-19 crisis, health and personal care products have become all the more important than ever. With people maintaining social distancing and turning to online shopping for their essential needs, e-commerce has been a pivotal role.
Continue Reading

What are the Ways in Which B2B Customer Experience Differs from B2C?

Does customer experience matter more in the B2C (Business-to-Consumer) companies than in the B2B (Business-to-Business) or is almost the same? To understand the difference of how consumer experience differs in both the domains, it is utmost essential to first know what is a B2B and B2C in the first place.
Continue Reading

Personal Hygiene and Healthcare Products Is Now Driving the Ecommerce Space

The Covid-19 global pandemic has been the worst health crisis till date and the only way to deal with it currently is prevention. Most part of the world is in lockdown mode since many months to maintain social distancing and ensuring safety of people at large. During these times, wholesale personal hygiene and healthcare products have gained immense importance and demand than ever as its use has been repeatedly emphasised by health experts around the world.
Continue Reading

What is a B2B Marketplace and What Are the Benefits of Being Part of It?

A marketplace is an eCommerce site where customers can choose from many products from multiple third-party sellers. It connects multiple sellers and buyers from different industry verticals. While sellers can get access to buyers from a wide reach across the market, the buyers on the other hand have the option to compare and buy products and offers from many different sellers all in one place. B2B is a term that refers to business-to-business. It covers everything from electronic market transactions to connecting suppliers, distributors and other channel partners under one roof.
Continue Reading

How Mobile Apps Helps Businesses to Stay Afloat in Difficult Times

With the present outbreak of Coronavirus, all businesses have been hit badly and facing the biggest challenges of all time to stay afloat. To cope up with these situations, the only option left for the businesses is going fully-digital to keep their brand presence and services available for the customers in the market. To keep the business going the most useful option is to have a comprehensive mobile app that can give all the information to the customer and help them with easy and convenient transactions.
Continue Reading

How digital channels helps B2B companies to strive through in tough times

The unprecedented times of Covid-19 has brought a paradigm shift for all businesses across the globe and has majorly hit the SME sector. These are difficult times but it is important for businesses to keep the wheels spinning and activities running. Running the operation and maintaining the sales while most of the world is doing work from home (WFH) has been a challenging and daunting task for all businesses. Given the crisis, companies depending on sales through traditional channels have been greatly affected due to the massive supply-chain disruptions.
Continue Reading

What is Surplus Inventory and How Does Excess2Sell Helps You to Liquidate It

Surplus inventory is a term to denote a situation in any business where fewer supplies are sold off the shelves than stocked. Most business that carry excess stock usually face this due to poor management of demand forecasting or a sudden change of consumer preferences due to newer products in the market. There are also times when there is market slowdown due to various economical or natural factors such as the present health crisis of COVID-19 that causes a major disruption in the supply-chain management and distribution.
Continue Reading

Launched the New Look of Excess2sell – With Simpler & Intuitive Navigation

After several months of hard work, we are delighted to announce the fresh new look of our web. www.excess2sell.com has been recently launched with a new design and layout to make it easier for the user to navigate and find what you are looking for quickly.
Continue Reading

How B2B Mobile App Helps to Boost Engagement & Retention in B2B eCommerce?

Business-to-business eCommerce has been rapidly evolving in the recent years urging the need for it implement new-age technologies to stay competitive in the market. Ensuring a seamless omni-channel customer experience across touchpoints, access to easy transaction on mobile phones, providing users a single view of information, giving accurate and automated response have become the need of the hour.
Continue Reading

How Smart Technologies Like AI Changing B2B Ecommerce World?

Ecommerce businesses need to keep constantly evolving to maintain their popularity with their customers. For doing so, it is a must for them to adapt to newer technologies like Artificial Intelligence (AI) to improve customer service and meet customer demands, gain advantage over competitors, improve performance thus leading to long-term success. Its no more an option to use AI in eCommerce, but it’s the kind of technology that’s becoming a mandate to deliver better results quickly and efficiently. Digitalization is changing the B2B buying and selling experience as customers today are constantly looking for quick search and response, seamless transactions, personalised product suggestions and more.
Continue Reading

What are the Advantages of a Digital Marketplace for the B2B Businesses?

Digital marketplaces are flourishing today thanks to the introduction of various advancements in technologies like Artificial Intelligence (AI), Machine Learning (ML), real-time personalisation and has become popular with customers offering a convenient way to compare products and check quality, prices all at one single source. The digital marketplace is a simple type of online e-commerce platform that brings buyers and seller together under one roof and where product and service information is provided and transactions for buying and selling are conducted.
Continue Reading

What are the Advantages of Mobile eCommerce for B2B Business?

Gone are the days when Business-to-Business (B2B) meant doing manual research by physically visiting market stores and talking to sales representativesfor hours before making a buying or selling decisions. Today, the journey has shifted from the traditional activities to completely digital from researching about the product on mobile devices and conducting the buying or selling process through online carts. B2B marketing has changed drastically over the years with millennials comprising over a half of the B2B buyers and sellers. Mobile e-commerce has now become a part of everyday lives and around 67 % of B2B buyers are influenced to make their purchase decisions merely based on digital information. (Google, 2019)
Continue Reading

How AI Powered Chatbots can Help B2B Businesses to Drive Customer-Engagement?

In today’s fast-paced moving world that is connected by just one single source- the internet, real-time conversations have become most vital. The new-age B2B ecommerce industry is majorly dominated by the millennials in terms of management & decision making. Since they belong to a world of digitally enhanced lives and make up for a much larger percentage of online purchases, they expect transactions to happen in a seamlessly convenient and reliable way. Adopting a customer-centric approach and keeping customer engagement and satisfaction on top priority is no more limited to the business-to-consumer (B2C) industry. It has become equally critical to the B2B business space as the journey of B2B customer-experience is more complex than retail consumers. Even though they are not directly selling to the end consumer, they need to pay close attention to customer relationship as they are selling their products and services to other businesses.
Continue Reading

What Can B2B Buyers and Sellers Expect from E2S E-Commerce Mobile App & How It Can Help them Liquidate Excess Inventory?

Mobile ecommerce has become a part of our everyday lives and most people are engaged in using it both for B2B and B2C purpose. For B2B business, a mobile app is a service channel that offers a platform for connecting the buyers with sellers and thereby reduce the cost of sales representatives. As per recent research data and analysis, over 50% of ecommerce sales is ruled by mobile devices. B2B ecommerce industry is rapidly growing and by 2020 the industry is expected to touch 6.7 trillion with a major number of these transactions happening on mobile. B2B buyers and sellers always look out for a simple, straightforward, secured and hassle-free transaction process. They always sell or buy in bulk volumes hence the B2B ecommerce app tends to pay back quickly generating a higher return on investment (ROI).
Continue Reading

How B2B Businesses can Maximize Profit on Ageing Stock with E2S Platform?

An excess inventory marketplace provides a platform to sell off all your unused/unsold/returned products and ensures you to connect with buyers who are interested to buy in bulk thus converting your dead inventory into profits. With this, your blocked capital is unleashed, and you have newer means to venture into purchasing new product line or business. Are you struggling with excess stock in your inventory lying in your warehouse? Is your entire business plan up for a toss because of the blocked capital in storing and carrying the uncleared overstock? Holding too much of inventory for long is bad for every business. This blog takes a closer look at how having excess stock can pose a threat to the growth of your business and bring a downturn to your sales revenue.
Continue Reading

How E2S Mobile App Helps in the B2b Wholesale Sector?

According to Google, today's modern B2B customers are young and have the decision-making powers as top management. They are digitally savvy and they choose mobile over a computer before helping to make a purchase decision. To win b2b platforms and to keep customers, mobile app is one of the most sought after option. Excess2Sell free online trading app was introduced to India market in January 2019 with the aim of expanding the B2B buyers and sellers base in Tier 1, Tier 2 and Tier 3 cities. We differentiated ourselves by introducing the only technology-enabled marketplace that connects India's excess inventory market. Today, we are the best b2b marketplace for wholesalers, retailers, vendors and suppliers to offer their surplus stock to buyers in India. Our B2b online trading app enables interaction between sellers and buyers. In the market, over the last few years, the number of wholesale b2b marketplaces has increased due to mobile apps.
Continue Reading

Why you should Buy or Sell with Excess2Sell? Top 5 reasons

Excess2Sell was founded in 2016. It is an online b2b marketplace in India which helps to liquidate unsold inventories of the b2b sector which is a very large segment in the country. Excess2sell has differentiated itself by establishing the only tech-enabled marketplace that links India's b2b overstock market. We have a closed dealer and distributor network; and we refer to them as buyers and sellers on our b2b platform. Today, Excess2Sell is a one-stop platform for suppliers, vendors, retailers, wholesalers and manufacturers to offer their overstock, surplus stock, ageing inventory to partners across multiple verticals in India.
Continue Reading

The Brand Story of Excess2Sell!

Excess2Sell is India's fastest growing Excess Inventory platform, quartered in Mumbai, India. It is well-known as a leading wholesale b2b platform for buyers and sellers. So, here's a where we come from and why we exist: The company was established in the Year 2016 by a team of professionals, Mr. Rajan Sharma, Mr. Anant Chaturvedi, and Mr. Navinder Singh Chauhan. All 3 have worked together in Smartlink Network Systems and were responsible for the launch of new brands & product lines and later they again teamed up to work for a US-based start-up. Working together they experienced tradition distribution and new age distribution, they also witnessed the beginning of e-commerce in the early 90s, which was followed in 2000 by m-commerce, and now the evolution of 'Omni Channel Retailing' or 'Multi-Channel Retailing’. So, what is a real multi-channel solution? It means shopping from a shop, website purchases, phone orders, mail ordering, interactive television, catalogue ordering, and comparison-shopping sites.
Continue Reading

What is Excess Inventory? How does it Impact Partners Growth?

In business discussion you will often come across the word ‘Ageing Stock’ or sometime it is also referred to as an 'Excess inventory' or an ‘Over Stock’. So, what does these words or terminology generally means to a common man. All these words refer to the products that are being sold by the outlet or the partner or dealer who is stocking and selling them, but the sales of these products is slow. This could be due to decreased demand for those products in the market. Generally it is resultant of a poor inventory management or due to reasons such as slow economy conditions, over-buying, seasonal overstocking, inaccurate projections, cancelled orders, late delivery of stock etc. Having surplus inventory is usually considered to be bad for a business because it leads to low stock turnover and to the increased costs associated with managing it.
Continue Reading