Moglix Business Model | How Moglix Makes Money?

Moglix provides a comprehensive digital marketplace for a wide range of industrial and maintenance, repair, and operations (MRO) items with the goal of revolutionising the supply chain and procurement processes for enterprises. The platform offers a wide range of items from different manufacturers to meet the demands of industries like manufacturing, construction, automotive, and more.

About Moglix
Moglix Business Model
How Moglix Makes Money?
Moglix USP
Moglix SWOT Analysis

About Moglix

Rahul Garg established the Indian e-commerce platform Moglix in 2015 with the goal of offering business-to-business (B2B) solutions for procurement and industrial supplies. products like MRO, fasteners, electrical, hardware, pneumatics, safety items, power tools, and office supplies are all sold on Moglix.com. In addition to providing supply chain solutions, online selling, and vendor management, Moglix is a business-to-business e-commerce company that specialises in the procurement of indirect materials, including MRO, fasteners, hardware, electrical, lighting, and safety shoes. Automotive, oil and gas, construction and infrastructure, pharmaceuticals, power, telecom, and hospitality are just a few of the industries it supports.

Moglix Startup Story | Founders | Business Model | Funding | Revenue |

Moglix is Asia’s largest and fastest-growing B2B supply chain company. Learn more about Moglix’s founders, business model, funding, shareholding, growth, future plans, and more.

StartupTalkyRishabh Rathi

Moglix Business Model

Facilitating smooth B2B transactions for industrial items is at the heart of Moglix's business strategy. Through its platform, Moglix links suppliers, manufacturers, and companies, facilitating effective product buying and selling. By charging a commission or fee for enabling successful transactions on its platform, the business generates income through a transaction-based business model. Additionally, Moglix might make money by offering value-added services like supply chain optimisation, vendor finance, and bulk discounts.

Moglix has established itself as a major participant in the industrial procurement industry thanks to its dedication to improving procurement efficiency and offering a trustworthy and transparent marketplace. It was a pioneer in the digital transformation of B2B commerce in India.

How Moglix Makes Money?

Moglix combines various business concepts to generate revenue.

• Generating Revenue through traded goods - Industrial goods such as power tools, hand tools, adhesives, safety and security, and electrical equipment are among Moglix's main sources of revenue.
• Generating Revenue through online sales commission - Moglix receives a commission from purchases made online
• Generating Revenue through information technology services - Moglix gets revenue from support and IT services

DPIIT Partners with Moglix to Boost Manufacturing Startups

DPIIT collaborates with Moglix to support and empower manufacturing startups, driving innovation and growth in India’s industrial ecosystem.

StartupTalkyNitin Konde

Moglix USP

Controlled expenses and a spike in other revenue allowed Moglix to cut its losses by 16% to INR 189 crore ($22.5 million) in FY24 from INR 225 crore ($26.8 million) in FY23, despite the scale growth being unchanged. It had an EBITDA margin of -1.5% and a ROCE margin of -4.82%.

Moglix SWOT Analysis

Strengthens

• A robust web presence with an intuitive user experience
• Numerous goods serving a range of industries
• Cultivated connections with several manufacturers and suppliers
• Effective delivery network and logistics
• Pricing that is competitive and draws in enterprises

Weakness

• Low brand awareness in comparison to more established rivals
• Reliance on digital channels, which leaves it open to technological disruptions
• Possible challenges in inventory control for a wide variety of products
• Problems with customer service because of the large number of enquiries
• Problems with customer service because of the large number of inquiries

Opportunities

• Capitalise on increasing demand in the business-to-business market for e-commerce solutions.
• Entry into foreign markets and areas experiencing rapid industrial development.
• Possibility of expanding product offers to include more specialised goods.
• Alliances and collaborations with other tech-driven businesses.

Threats

• Fierce rivalry between new and old competitors.
• Economic swings have an impact on purchasing power and the industrial supply chain.
• Changes in regulations that affect internet sales methods.
• Rapid advances in technology necessitate constant adaptability.

Conclusion

Despite obstacles like customer service requirements and brand recognition, Moglix has a strong foundation thanks to its supplier ties and technological strengths. Significant growth prospects are presented by the changing e-commerce scenario, especially in international markets and sustainable product offerings. However, with cybersecurity issues and challenges from intense competition looming big, vigilance is essential. Moglix may improve its market position and take advantage of new developments that will shape the industrial supply sector's future by carefully utilising its strengths and navigating its flaws.

FAQ

How does Moglix make money?

Moglix makes money through the following methods:

• Generating Revenue through traded goods
• Generating Revenue through online sales commission
• Generating Revenue through information technology services

Who is the CEO of Moglix?

Rahul Garg is the founder and CEO of Moglix.

What does Moglix company do?

Moglix is a B2B e-commerce platform specializing in industrial products, supply chain management, and procurement solutions.