Press release from Business Wire India
Source: OfficeYes.com
Wednesday, August 22, 2012 03:30 PM IST (10:00 AM GMT)
Editors: General: Consumer interest, People; Business: Business services, Information technology, Office equipment makers, Retailers; Technology
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OfficeYes.com Announces Growth Plans for India’s Largest B2B e-commerce Site for Office Stationery and Supplies

New Delhi, Delhi, India, Wednesday, August 22, 2012 — (Business Wire India) — Highlights

— Aims to provide low-cost Office Supplies

— Annualized growth rates of over 1000% achieved since launch

— India’s First Exclusive B2B Portal for Procuring Office Supplies and Office Stationery

OfficeYes.com is an e-commerce firm that delivers Office Stationery and Supplies to Businesses and Organizations across India at discounts of 30-50% from retail prices. The company focuses exclusively on the specific needs of small and medium sized organizations, who can buy directly from OfficeYes.com at wholesale prices.

“We have grown rapidly and are now serving 1000’s of orders each month to organizations across India for their monthly stationery needs. They tell us that our great prices, free delivery and large range of over 3000+ products are the reasons they have chosen OfficeYes.com” said Siddharth Nambiar, Co-Founder of OfficeYes.com. The website features Office Supplies like Printer Paper, Pens and Notebooks, Printer, Ink & Printer Cartridges, Office Machines like Printer, Fax, Projector, Shredder and Scanner, Customized Stationery and a full range of Pantry items. The wide range of products is sourced from over 100 leading brands; including 3M HP, Canon, Deli, Reynolds and JK Paper.

OfficeYes is building its team and infrastructure to scale up. The company expects to double its headcount across the various functions of Technology, Marketing, Sales, Support, Logistics and Operations in the next 3 months. “We are investing in new warehouses across India, with the aim of increasing the service levels even higher to delight our customers. We plan to have same-day/next-day delivery by September in several major cities across India” said Arvind Sivdas, Co-Founder of OfficeYes.com.

He further averred that the B2B e-commerce industry in the US is 10 times the size ($3.3 trillion in 2011) of the B2C e-commerce industry ($310 billion in 2011). With the internet penetration rising by the day, we are confident of witnessing the same trend in the Indian scenario and being a part of that growth story.

As per industry reports, the number of Internet users has grown by 200% from 27million in 2005 to 100 million+ in 2011. Google India Survey, 2011 further states that 71% of Businesses already use the Internet to search for vendors and suppliers and about 40% of them use the internet to create online listings and advertise online. Further, a report by Access Markets International Partners suggests that Indian Businesses are expected to increase their spends on Internet activities by over 16%.

Co-founders Siddharth and Arvind shared their vision of how OfficeYes.com technology helps India’s millions of Organizations, get access to the best value, by leveraging technology. “We have heard the same message loud and clear from our customer surveys- low prices, free and safe shipping, Cash on Delivery service, and a wide range of products are difficult to find in one place anywhere else. We are committed to delivering this value for our customers in India.”

About OfficeYes:

OfficeYes.com, is India’s largest B2B portal offering Office Stationery and Supplies at wholesale rates and free delivery to businesses, organizations and schools. We provide our customers with a complete suite of products for their office. Our product portfolio includes – Office Supplies, Ink & Cartridges, Office Machines, Customized Stationery and more.

CONTACT DETAILS
Vartika Verma, OfficeYes, +91 8130294216, vartika@officeyes.com

KEYWORDS
CONSUMER, PEOPLE, BUSINESS SERVICES, IT, OFFICE EQUIPMENT, RETAIL, TECHNOLOGY

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