As the largest tyre a manufacturer, having its global footprints in multiple domains like aircraft, automobiles, earthmovers, bicycles, motorcycles heavy equipment, etc. As a leading brand, they always ensure their customer's satisfaction with upgrading to the latest technology.
The problem faced by the Seller
- Holding excess idle inventory of value INR 390 million
- Increasing additional cost on the unused idle inventory like improper utilization of warehouse space, maintenance cost, resource cost, etc..
How Goospares as an aggregator helped Seller?
Goospares, on receiving the list from seller performed detail market research. Through the results generated, a series of demand generation campaigns for targeting buyers, which created and identified interest among buyers.
Benefit to Seller
- The realization value increased by 40%. by creating a market place for unused idle excess inventory
- Increased Profit by 30% from unused idle excess inventory.
Benefit to Buyer
- A buyer who procured those quality unused spares at a competitive price which has raised their margin by 60%.
“As an aggregator, Goospares.com have created a win-win situation for both Buyer and Seller"
Established in the year 2016, Goospares is a new business that brings in solutions to liquidate your un-used excess non-moving inventory products which include MRO Spares that are held as a stock for a long time by the business. Goospares is an online inventory control solution for businesses allowing them to simplify their multichannel retail businesses.