Indiamart is the largest Business-to- Business marketplace which offers products and services on the sales portal. It is India’s largest online B2B marketplace headquartered in Noida, India. It was founded in 1999 by Dinesh Agarawal who previously worked for HCL Technologies and Brijesh Agrawal. The mission of the founders was ‘to make doing business easy’ and gradually after Indiamart evolved into a group.
Indiamart fulfills the purchase requirements of the buyers, by connecting with suppliers from all over India. The buyers here can be referred to ecommerce business owners, online sellers, retailers, shop owners or individual private label brands. It is one of the best sourcing platforms to purchase products for business or sell products as an Indiamart seller. There are nearly more than 52 categories of products and services available on Indiamart right from clothing to industrial appliances.
So Indiamart enables a free and simple way to source products and services. All the suppliers are reliable and genuine. Buyers will have access to suppliers in their cities as well as throughout India. It provides a user Indiamart seller central portal friendly portal to the sellers. The main thing to consider is that GST Registration is mandatory If you want to sell taxable products all over India.
There are various documents required for gst registration and you must prepare all the important documents in advanced so that the process does not take much time after the application.
The suppliers registered with Indiamart offer products or services to the buyers. When the buyer comes to Indiamart and searches for any product or service, then a list of suppliers with the relevant category is listed. So all the relevant suppliers are listed which makes it easier for the buyers to connect with the suppliers.
The Payment Protection Program is one of the most important benefits for the buyers. The buyers contact the sellers directly and negotiate the amount and decide a price and deposit an amount to Indiamart. Once the buyer acknowledges the delivery of goods, the payment is further processed to the supplier/seller within less than 24 hours. And if there is any dispute or issue, Indiamart offers refunds too. So the Payment Protection helps the buyers know that they will receive exactly the desired goods and services before payment is made to the seller.
There are two types of listing – Free listing and Paid listing. The Paid listing is effective to generate leads for the sellers. GST and a Current account is mandatory in the Paid listing. However there are no such requirements in Free listing. Indimart earns revenues by the subscription fees paid by the sellers or on pay per lead basis.
With over 102+ Million buyers , 6 Million + Suppliers, Indiamart has become one of the biggest B2B marketplace of India. So it is a great opportunity for offline retailers and suppliers to make the business online and earn money. It is also an easy way for the buyers to have access to a huge number of sellers and a wide range of products. Indiamart seller helpline is available 24*7 to solve the queries of sellers.
Indiamart has also launched an application of version 12.4.7, to make the business transactions a lot easier.
Indiamart has five subsidiaries:
Indiamart is a place for manufacturers, suppliers, importers and pvt limited brands who can start selling as a wholesaler. It is a great opportunity for all the small and medium scale businesses to grow and increase their brand value and online visibility. Sellers can get started to indiamart seller central by creating an indiamart seller account. Indiamart helps the small and medium scale businesses and startups to take their business a level up.
Indiamart is considered best for b2b business and If you want to sell on amazon India for b2c business then It is good option to go with amazon also. Through Amazon, you can expect good business with b2c mode.
So looking at the statistics and trust that they buyers and sellers have gained for Indimart lately, it is a good idea to start selling on Indiamart.
Indiamart seller registration process is absolutely free. To create a indiamart seller account, follow the below steps-
Add the products/service details and click on the Continue button. Add the Location Details of the business and the GST number.
After completion of the above steps, Indiamart seller dashboard will be displayed. All the enquiries and leads, product information, statistics will be shown in the panel. So, your account is all set and ready to engage in sales.
Indiamart seller login can be made now, once all the above steps are completed. Sellers can upgrade their accounts from free listing to paid listing. MDC is one such method. Let us look in brief what actually it is.
Mini Dynamic Catalog: This helps the indiamart sellers to promote their business online and gives access to a new sales channel where business leads from all over India will be generated. So seller indiamart have privileges as compared to the free listing sellers.
Benefits of Mini Dynamic Catalog:
1. 24*7 Availability
The retailers or suppliers who have shifted from a offline business to a online business through Indiamart, the 24*7 availability is an added advantage. As Indiamart is available 24*7, buyers can contact the sellers at any time of the day. Time and location are no longer a barrier.
This results in productivity and increase in the sales. In addition to that, as the work chain continues even on the holidays, your business is never at stop. So this benefit brings out productivity and efficiency in the business.
Buyers can contact the sellers at any time of the day from anywhere. Also the delivery of the product or service can be made at any location of India.
2. Visibility of Products and Increased Business visibility
Indiamart has a huge customer base – 102 million + buyers. The huge customer base is a cherry on the top. There are thousands of enquiries everyday on Indiamart. As a huge number of buyers come to Indimart on a daily basis, the product visibility of the seller’s products increases. This will increase the sales which will ultimately offer huge profits to the seller.
As the visibility of products increases, the contact with other buyers also increases as lots of enquiries will be received. Huge number of leads can be easily generated due to a huge customer base. So, products will become well known among the buyers. It will also increase the chance of buyers making regular orders.
3. Secure and Faster Payments with Pay with Indiamart
Indiamart provides world class security in payment processing. Once the buyer contacts the seller, they negotiate and decide a price for the final deal. Suppliers can directly share links for payment to the customer, or send invoice. The payment processing is very fast in Indiamart.
It generally takes 2 to 3 hours to process the payment in the seller’s account. The maximum amount of time to process the payments can be 24-48 hours. In other marketplaces, the processing time is usually 48 hours to 72 hours. So it is one of the best benefits for sellers on Indiamart.
4. Lead Management System or Lead Manager
Lead Manager is available on the Indiamart seller account. It basically helps to organize and manage to track all the leads in a convenient way. All the conversations with buyers done across all the desktop and mobile apps, emails etc can be seen at a single place. The other for Lead Management are features available are:
Other Advanced Features are:
5. Hassle free Indiamart seller account
Seller indiamart enquiry inbox lists the enquiries. Sellers on Indiamart can easily manage their online enquiries and leads through the indiamart seller account login. With the seller dashboard, it is easier to track the progress and keep records of the leads. After the login, we have:
Buyer Tools Settings: Indiamart seller account settings can be managed from here.
6. Seller Support
Indiamart seller helpline is available 24*7 to resolve the queries and issues of sellers. Selling on seller central indiamart has become extremely easy with the seller support program.
Indiamart Seller Support has become easier as all the queries can be easily solved with the blogs, or by communicating with the indiamart seller support executive. There are various articles listed in the Seller general support to provide answers of the basic questions from the sellers. So seller support is one of the biggest benefits for indiamart sellers.
Undoubtedly Indiamart is the biggest B2B marketplace in India because of its benefits and features. All the buyers and sellers seem to have gained trust in Indiamart. Large number of buyers shop on a daily basis from Indiamart to fulfill their needs to run their business.
If you are a supplier, manufacturer or an individual private brand and planning to upgrade your business from offline to online, Indiamart is the best platform. We at MohitEcommerce can help you out to create an account on Indiamart, list the products and generate leads and manage buyer order.
Create an account by visiting the official website of Indiamart or by Seller login there is an option to create a new account. Add product listing and start selling on Indiamart.
Selling on Indiamart increases the brand and online visibility. It already has a huge buyer base, so once an account is created, sellers get access to millions of buyers.
Once an Indiamart seller account is created, sellers can add or update their catalog using the Manage Products tab on the Indiamart seller account. Users also need to add some amount of products while creating an account.
If you have upgraded to the paid plan, you will have 10 free leads annually. For free listing sellers, they need to generate leads through their products listing.
Yes, there is an android application available for indiamart sellers, to manage the leads and communication with the buyers. You can easily find it on the play store.