VENDOO Offers Georgian Companies to Place Domestic Products on Its Platform Free of Charge
VENDOO’s offers for Georgian businessmen and special platform for Georgian business promotion created by VENDOO and TBC Bank– VENDOO director Lasha Machavariani discussed the mentioned issues for Business Partner.
“Today the demand has increased 4-5 times. We cooperate with more than 300 suppliers. VENDOO opened in May 2019 and during this period, we followed the rapid growth strategy. As a result, for 11 months we placed 14 categories on our website”, Lasha Machavariani noted.
The consumer behavior has also changed amid the coronavirus pandemic.
“The consumers, who used to do shopping at our network, now have intensified using our platform, while those, who used to order products from foreign websites, now are making purchases from our platform.
“Consequently, the demand has increased among domestic consumers. The number of orders has also risen and we had to adapt the operational part. Upon foundation, our company has started promoting the domestic production. We had placed products of about 60 Georgian businessmen on VENDOO platform and we used to assist them in sales of our products.
Our management has taken decision to zero the commission fee. This decision raised much interest among Georgian entrepreneurs and businessmen. After certain regulations, certain categories of companies were banned to continue operation, for example, strong drinks and book companies. Therefore, we are not authorized to sell their products”, Lasha Machavariani said.
VENDOO also enables the part of business companies that cannot provide online sales amid the state of emergency to preliminarily sell vouchers.
“Together with TBC Bank we have launched a campaign of vouchers and many companies have joined it. Consumers on our platform are able to buy vouchers, and when the business resumes operation, they will be able to use these vouchers. Objective of this campaign is to save companies from losing incomes and allow them to regenerate money resources”, VENDOO director Lasha Machavariani noted.