Textile Stock Logo
3782 stock products & counting…..
 Call Us@ +91-11-23642888
Welcome to India’s only warehouse for all ‘A’ grade Textile stocklot & surplus from India. Textile stocklot details one click away!!!
  Advanced Product Search

News Details

Wednesday, 31 July 2019

Club Factory to onboard 10,000 sellers; expand to Mumbai and Bengaluru

news image

Club Factory is eyeing massive expansion in India! The Chinese e-tailer has made it clear that it plans to on-board over 10,000 sellers from across India within this year.

This move is in line with the company’s aim to expand its office spaces to Bengaluru and Mumbai apart from the already existing office in Gurgaon. The expansion of office spaces as well as sellers will help Club Factory create a firm hold on the market where it is viewed as a popular affordable retailer.

“Our seller base is growing rapidly and we are going to open seller registration to all from August onwards, where we will offer a marketing fee waiver,” commented a spokesperson.

“Global players like Amazon and Flipkart are great examples to learn and operate in the e-commerce space. Our strength is in selling unique, modern and trendy products at the best price. We will continue with our strategy of empowering local sellers to help us in meeting with increased demand,” the spokesperson added, speaking on the competition the company faces from the e-commerce giants in an already overcrowded market, India.

Backed by investors including Bertelsmann, IDG Capital, Qiming Venture Partner and others, the company has established three warehouses in India and has also partnered with local logistics companies for fulfillment and last mile logistics. “As a key strategic focus, we have exempted sellers from paying commission charges to sell on the platform. We have also made plans for investment in warehousing, delivery, technology and marketing,” the spokesperson asserted. However, the company did not specify the investment amount or the period for which the platform will be commission free for sellers.

    
Pinterest