What is your company about?
Bookyourstock (BYS) is a Business 2 Business (B2B) curated and regulated,
wholesale marketplace with right assortment of latest designs, high quality,
sharply priced fashion products directly from manufacturers to retailers in a quick
response time. It's a wholesale model, where we empower our customers
(retailers, stores, shops) to source/buy from a diverse range of hand-picked
products sourced from a large base of manufacturers across the country. We
remove the clutter from crowded marketplace by curating the line of products
through our in-house filtration process & market intelligence.
Please provide Introduction of your initiative?
BookYourStock (BYS) is a wholesale distribution company in Fashion Industry,
where we connect retailers / shopkeepers directly to factories, provide products
of best quality, wide variety, at sharp prices and at their convenience (Directly to
the Shop).
What inspired you to build the above initiative?
Having diverse experience in fashion Industry, we realized there is big gap in the B2B
space for better products, technology and so much inefficiencies in the complete value
chain. That’s what problem, we are trying to solve
What was the most challenging part of your journey till now? How did you overcome
these challenges?*
In India, one of the typical challenges is securing timely payment. BYS is providing best
quality products at very sharp prices directly to customers and securing payment
through right mix of 3
rd
Party credit solution and in-house Market driven policies.
How you think your initiative could change the society/industry.*
Today, typically wholesale fashion industry is highly fragmented. There are plenty of
challenges in the traditional model in terms of accessing the latest fashion, convenience,
right pricing etc. That’s where BookYourStock (BYS) is filling the gap not only for
particular set of retailers but for the industry as a whole.
Share some details about the investments that you have been able to fetch for the
initiative till now.*
BYS has raise an angel funding few months back and has many plans for expansion
across cities, categories and other critical business functions.
What are your plans for next 3 years?
BYS plans to expand across Geographies, Categories, Different marketing channels etc.
in coming months.