ShopElect is a result of the vision of a second generation entrepreneur to change the dynamics of Indian Electricals market space. The vision was to convert the traditional electrical distribution business into a professionally managed, technology driven ecommerce organization. This has been possible due to the solid financials & in-depth industry knowledge gained over the last 45 years in the business.
This team is headed by the Founder CMD who is a Chartered Accountant by qualification & a Harvard Business School alumnus. The professional team is also ably backed by the advisory board consisting of eminent industry stalwarts who represent leading companies in the industry.
We operate 3 Verticals:
Vertical 1: Client side Procurement and GST Tool
We offer an online tool with a vendor portal to ensure integration with ERP of Large corporates. We help their vendors issue GST complaint invoices so that the Corporate gets Input GST Credit with our ASP solution. Also rich Dashboards and auto reminders.
Vertical 2: System Integration and Complete Solutions
With our Technical team and collaberation with Market Leaders like Siemens,ABB, Scheider etc we offer complete solutions with technical parameterization based on applications. We offer complete integrated Panels and help in site commissioning. We have partners and JV across the Globe to help in engineering and site support in China, Middle East and Africas.
Vertical 3: Ecommerce with BOM Tool
Given its lineage, Shopelect has aggregated a network of 5000 reputed dealers of different brands. This list has only been growing with time.
We are a first of its kind B2B Ecommerce platform which offers you the following value propositions:
- Pan India Sourcing: Buyers get an access to the markets across geographies for their sourcing requirements.
- Global Reach: We provide you an additional channel to reach global markets. Sellers are able to expand their market presence beyond their locality. Our multi currency website makes this easier for our international clients.
- Logistics Network: Shop Elect has built a robust logistics network which includes warehouses across locations & a strategic logistics partner to ensure on time pick up& deliveries.
- Excess stocks: We help liquidate the excess stocks/dead inventories by selling these products to our wide network of Customers. It also helps buyers to get the best deals for their requirements.
- Service Orientation: We at Shopelect believe that our customer centric service approach is the differentiator. With this purpose in mind we have build a team of Relationship Managers to help & guide our customers' offline.
- Marketing: We invest in a lot of market research to run online campaigns to the right target audiences. We help you reach the appropriate target segment spread across various market participants like Electrical Contractors, Consultants, Panel Builders, Authorized Dealers and end customers across industries like Real estate, Textiles, Automobiles etc.