Award-winning Philippines e-commerce startup Poundit opens its doors to more local suppliers as it expands its product selection through its newly launched Seller Center. This new feature of Poundit Business helps local suppliers tap the growing online B2B e-commerce market.
In the Philippines, local business to business transactions is usually done offline. But since COVID-19 hit, more businesses have transitioned to digital. Now, many use apps like Facebook and Instagram to communicate and sell. However, sellers still need to personally communicate with each business customer and filter through a lot of junk inquiries. On top of that, they need to make sure that they get paid and that their goods are safely delivered. Plus, they also need to gauge the risk of bogus orders.
Photo from Poundit Business
Enter Poundit Business’ Seller Center, a site that helps suppliers grow their business and drive sales by matching them with local business customers. Once sellers register and upload their products, they instantly have a wider reach. They can now accept various payment methods, and deliver nationwide. And the best part? Joining is free. Sellers only get charged a percentage fee of sales.
Photo from Poundit Business
How it Works
Setting up is easy. In just three easy steps, sellers can start selling. First, sign up and submit the required documents to be verified. Next, upload their products and set up your seller profile. Once finished, you can start receiving and processing orders. Brands, distributors, suppliers, and resellers who are interested can go to this link to get started.
Photo from Poundit Business
“MSME’s are the lifeblood of our economy so we wanted to help make B2B e-commerce easier for local businesses” said Kristian Salvo, Co-Founder & CEO of Poundit. “We started selling IT and electronics to businesses last year, since then we’ve experienced a steady stream of inquiries for products in other categories that they needed to procure. We felt there’s no better time to open up Poundit Business to sellers across all categories and make it easier for them to transact. It’s our own little way of helping the economy.”
[Also Read: Online sellers earning less than Php250,000 per year are exempted from paying taxes]
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