Wydr registers 600 pct growth in GMV with completion of 'India Wholesale E-Fair'

Wydr, the first-of-its kind mobile first wholesale B2B marketplace designed to make wholesale buying and selling organized, quicker and easier, today announced that it had witnessed an impressive 600 percent growth in Gross Merchandise Volume, post the completion of India Wholesale E-Fair on March 9, 2017. Wydr also registered a 70 percent growth in traffic between March 7th and March 9th, 2017.

Many sellers shared videos introducing themselves and the background of their business and products, thereby replicating the process that typically takes place in an offline trade event. Retailers also got the opportunity to discover new sources of supply and suppliers without having to step out of their stores. Wydr's unique Live Chat feature enabled both parties to negotiate and fix deals instantly.

"We are incredibly overwhelmed by the response that we have received from not only our existing users, but also from new visitors who participated in the E-Fair. My sincere thanks to all the users and visitors for making India Wholesale E-Commerce fair a huge success. The online trade event also gave wholesalers and retailers from across the country the perfect opportunity to build new business relationships. Manufacturers and wholesalers connected and interacted with independent retailers and other bulk buyers from across the country," said CEO Wydr, Devesh Rai.

"We also witnessed notable growth in the number of users from all parts of the country, especially from Hyderabad, Chennai, Ahmedabad, Pune, Bengaluru, Chandigarh and Patna. Manufacturers from Agra, Tirupur and Delhi also participated in the E-Fair," added Rai.

"I heard about the Wydr E-Fair through an online advertisement. I liked the concept of an online trade event, exclusively meant for wholesale deals. The best part was that I could chat with the sellers directly. Everything was very smooth and fast," said a retailer from Jammu and Kashmir, Mohd Mir Gulzar.