Chines smartphone maker will now onwards sell its accessories like headphones, power banks etc through the retail outlets of YMS Mobitech. These physical outlets will take care of the distribution of MI accessories in the eastern states like Odisha, West Bengal, Bihar, Jharkhand, Assam and other north eastern states.
Xiaomi, a smartphone start up from China that sells its phones under the brand name MI, also has a range of accessories like Mi In-Ear Headphones, Mi Capsule Earphones, Mi Bluetooth Speaker, Mi Band 2, Mi Power Bank and other accessories.
The YMS e-distribution network boasts of 11,000 retailers and 350 distributors across 364 cities in what is India’s largest app-based distribution ecosystem, guaranteeing on-demand sales with zero dead stock and zero loss of business opportunity.
Unlike the conventional physical retail outlets, the YMS Mobitech is largely a technology driven distribution channel. All retailers, distributors and sales team of the company operate via YMS app and the distributors transfer inventory via YMS platform and track the status real time. Besides, the monetary transaction between the distributors and retailers is done through a mobile wallet.
Thus, the distributor can transfer wallet balance to retailers by a click of a button and retailers can use the same to sell any product. Retailers, at the other hand, can sell product through the app and see the transactions on real time. The distributors can also check the daily transactions and the payment collected. The whole system makes the process quite transparent and make the system efficient.
“YMS Mobitech has been consistently working with an aim to disrupt the distribution landscape in India through its pioneering e-distribution platform. We are happy that a leading technology player like Xiaomi has placed their trust in us. We are excited to offer Xiaomi’s accessories and look forward to helping them scale new milestones in India through our distribution ecosystem,” said Ajay Laddha, Co-founder, YMS Mobitech.
“We have made significant movements in our offline distribution plans for India, especially in 2016. We have been taking gradual steps in this direction and believe our association with YMS Mobitech will take us a step further in our plan. As our India portfolio grows, we are foraying into the offline accessory market for the first time to extend our accessory experience for our fans,” said Vipin Raina, Head – Offline Sales, Xiaomi India
YMS Mobitech also creates financial products for the electronics industry, under its brand Apps You Need, and uses its technology-driven platform to sell and monitor these products. Few months ago, it also launched an accessories and IoT brand CULT.