catering to a need of the consumer, they are concentrating on theneeds of the consumers. Mr. Sandeep Behl (Co founder of Printland) said that “
they aremainly concentrating solving a pain point for the consumers.
” The entrepreneurs also saidthat there are various benefits as well. Mr. Siddharth Nambiar (
Cofounder of OfficeYes andan Oxford Graduate
) said there are not many
B2C eCommerce companies
those canboast of positive margins post deduction of the marketing expenses, while they enjoymargins of 15-20%. For this fiscal year, his company is eyeing at a target of 3 million dollarsin revenue.
, which started its functioning last year, deals in office stationery, furniture andcleaning supplies. The company is supported by Rocket Internet, a Germany basedincubator, OfficeYes has more than 500 renowned corporate clients that comprise of
HCL,Microsoft, and GE
and there are approximately 6,000 SME clients as well. Mr. Behl, whohas also worked as the international head of customer service and enterprise services at
said that “
huge transactions and repeat orders have made this category potential.
also has more than 20,000 corporate clients and registered SMEs, it also hasnearly 40% gross margins. This fiscal, the company is eyeing more than Rs. 4 crore inrevenue and anticipates to touch Rs. 100 crore in the next 3 years. Their clients usuallyorder letter heads, printed merchandise, and visiting cards. OfficeYes’s witness nearly 50%of repeat orders and the percentage at which Printland witnesses regular consumers isestimated at 40%. The regular transaction size is calculated between Rs. 30,000 to Rs.50,000 on most of the portals. These entrepreneurs have disproved the well-known belief that major companies don’t place an online order.