StockBargain is a business to business (B2B) marketplace to facilitate the clearance of overstocks held by Off-license shops / grocery stores within a short period of time.
It’s an online platform where the owner of an Off-license shop can create a FREE account and display the unsold items of his shop that are short dated. It not only helps the shop owners to retrieve the amount invested in various grocery items but also keeps a check on unethical wastage of food products.
On the other hand, the buyers (such as restaurants, hotels, caterers etc.) of these stocks also get benefited as one can buy these items at great discounts and increase the profitability of their business.
For example, let’s say a shop has 20 cases of noodles (1 case =100g x 6 packs) which are about to expire within a few weeks. At the end of the expiry date, they would be required to be disposed off the shelves which would not only be unethical, but would also be a wastage of business value. Here comes StockBargain in the play. Now, the shop owner posts the short dated items of his Off-license shop on StockBargain.co.uk. As soon as he does so, thousands of registered members are notified through e-mails automatically and the interested buyers contact the shop owner directly for the deal.
In this particular scenario, a restaurant with a daily requirement of say 10 cases of noodles would be the biggest beneficiary as it is sourcing them at greatly discounted rates from the seller and hence is now able to generate bigger profits from its same old business.
In a nutshell, StockBargain facilitates proper channelizing of the short dated items and hence creates a win-win situation for both the buyer and the seller.
How StockBargain works?
1.Create an account: Sign up for a FREE account on StockBargain and showcase your clearance stock.
2.Posting an item: Post all the short dated stocks of your physical off-license store that need to move off the shelves.
3.Automatic e-mail notification: After items have been posted, thousands of members are notified through e-mails automatically about the availability of the products.
4.Start receiving calls: It’s likely that hordes of interested buyers would flock to your online store to have a bargain deal and you would start receiving calls on your phone number.
5.Seal the deal: Last, but not the least, it’s time to seal the deal and sell your overstock just like that with a snap of a finger!
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