Wal-Mart India’s B2B e-commerce platform extends to Guntur and Vijayawada Best Price stores
- Best Price Modern Wholesale stores’ members in Guntur and Vijayawada can now log on to www.bestprice.in and shop online
- Fresh fruits and vegetables category introduced to e-commerce channel
- E-commerce platform was launched for members of Best Price stores in Lucknow and Hyderabad on 1st July
New Delhi, 20 Sept, 2014: Wal-Mart India, the fully owned subsidiary of Wal-Mart Stores Inc., will open its B2B e-commerce platform (www.bestprice.in) to members of Best Price Modern Wholesale stores in Guntur and Vijayawada in Andhra Pradesh from 1st October, taking the tally of e-commerce platforms to four stores in India. The B2B e-commerce platform was launched in India on 1st July 2014 for members of Lucknow and Hyderabad Best Price stores.
Starting 1st October, members of Best Price Wholesale stores in Guntur and Vijayawada can shop and book orders online. As a virtual store, the e-commerce platform will provide a similar assortment of products as the brick and mortar Best Price Modern Wholesale stores including a select variety of fresh fruits and vegetables introduced recently.
Krish Iyer, President and CEO, Wal-Mart India, said, “I am very excited to announce that we will now be extending our B2B e-commerce channel to members of Best Price stores based in Guntur and Vijayawada. Given the tremendous support from our members for this initiative, we will continue to extend this in a phased manner to our other stores as well. Members have particularly appreciated our transparency and consistency of prices, availability of products and assortment besides the convenient payment options and efficient delivery solutions. Due to the convenience of online shopping, our reseller (Kirana) members are glad that they are now able to spend more time in their shops with their customers. We’re excited that we’re consistently meeting our members’ shopping needs and serving them in ways that can help them save money and live better.”
The e-commerce platform in Guntur and Vijayawada will offer a number of conveniences: Members can navigate the virtual store and place orders at convenience as it is a 24/7 interactive site. In addition to the delivery at their doorsteps, convenient payment solutions will help them make faster business decisions.
Prior to the launch, workshops with members would be organized by Wal-Mart India team in the two cities (Guntur and Vijayawada) to generate awareness on this initiative and also to create better understanding about the website navigation, benefits and registration processes.
Wal-Mart India’s cash & carry business is a B2B format and hence only registered members of the Best Price Modern Wholesale stores in these respective cities will be eligible to transact online. Eligible establishments (resellers, kirana shop owners, hotels, restaurants, caterers and offices and institutions) in the catchment areas can transact only after registering as members. To register and become a member, one can log on to www.bestprice.in.
About Wal-Mart India:
Wal-Mart India Private Limited is a wholly owned subsidiary of Walmart Stores Inc., the world’s leading retailer renowned for its efficiency and expertise in logistics, supply chain management and sourcing. Wal-Mart India owns and operates 20 Best Price Modern Wholesale stores in 9 States across India. The first store opened in Amritsar in May 2009. The company plans to open 50 more stores by 2020.
The Best Price stores offer best prices with unmatched convenience, choice, quality and hygiene. The mission of Best Price is ``Enabling businesses to prosper…every single member”. To enter and purchase from Best Price stores, it is mandatory to become a member. Members can belong to different business categories such as Resellers (‘Kirana Stores’); Offices and Institutions (O&I); and Hotels, Restaurants and Caterers (HoReCa). The assortment, service and store layout are customized to the specific needs of members who can walk into a Best Price store and source high quality products in quantities they need and at the time they require.
For more information, please contact:
Komal Chaudhary | Creation