Indian manufacturers build their own demand by owning three things a marketplace never gives them: a website that answers buyer questions, a search presence that brings enquiries directly, and a follow up system that turns those enquiries into orders at full margin. Marketplaces like IndiaMART are a fine starting channel, but every lead there arrives alongside ten competing quotes, and the buyer relationship belongs to the platform, not to you. The market itself is growing fast enough to reward whoever owns the relationship. Mordor Intelligence projects India's B2B ecommerce segment to grow at a 16.87 percent annual rate from 2026 to 2031, outpacing consumer ecommerce. Source: Mordor Intelligence.
We work with manufacturers who have run profitable factories for twenty years on marketplace leads and referrals. The pattern that frustrates them is always the same: rising listing costs, falling lead quality, and price wars with suppliers who cut corners they refuse to cut. This is the playbook for the way out. Not off the marketplace, but beyond it.
Why do marketplace leads keep getting worse?
Because the marketplace's incentive is volume, not fit. Every enquiry you receive was also sent to every competitor in your category, so the buyer's easiest comparison is price, and the race to the bottom starts before you have said a word about quality. Meanwhile your listing sits in a template identical to everyone else's, which means twenty years of process discipline and a two year old trading company look roughly the same on screen.
None of this makes marketplaces useless. It makes them a commodity channel, good for filling capacity, bad for building a brand or protecting margin. The buyers worth the most, the ones specifying long term contracts and export orders, do their real research elsewhere. Gartner's research shows B2B buyers complete most of their purchase journey through independent digital research before they ever contact a supplier. If your only presence is a marketplace listing, you are absent from most of the journey.
What should a manufacturer build instead?
A direct demand base, in this order.
First, a website that sells while you sleep. One page per product line with real specifications, tolerances, materials, certifications, minimum order quantities and lead times. Photographs of your actual factory floor, not stock images. Case studies naming industries served and problems solved. This is not brochure ware. It is the document your buyer's procurement team circulates internally when they argue for choosing you.
Second, a search presence for buying keywords. The searches that matter are specific: your product plus a grade, a standard, a capacity or an application. Rank for those and the enquiries come directly to you, with no competing quotes attached. This includes AI search, because buyers increasingly ask ChatGPT and Perplexity for supplier shortlists. Our companion piece on AIO for B2B companies covers how those citations are earned.
Third, a founder presence on LinkedIn. In B2B, buyers trust people before companies. A founder who posts weekly about process, quality decisions and industry problems becomes the reason a buyer remembers the company. We covered the system in our founder's guide to LinkedIn content.
Fourth, a follow up machine. B2B decisions take months. A simple CRM, an email sequence that shares useful material instead of pestering, and WhatsApp for the fast questions. Most manufacturers lose more revenue to unanswered and forgotten enquiries than to any competitor.
How does this change the economics?
Direct demand compounds while rented demand repeats. Every answer page you publish keeps working next year at no extra cost. Every direct enquiry closes without a bidding war, which shows up straight in margin. Every satisfied direct buyer is a case study that wins the next one. Compare that with a marketplace subscription, where the meter resets every renewal and the platform owns everything you built.
The export angle sharpens this further. Overseas buyers vetting Indian suppliers rarely trust a marketplace listing alone. They check your website, your certifications, your leadership, and increasingly they ask an AI tool to summarise you. A manufacturer with a credible direct presence wins export conversations that a listing only supplier never hears about.
Key takeaway: Keep the marketplace listing if it pays, but stop letting it be your whole marketing. A website that answers buyer questions, search visibility for buying keywords, a founder LinkedIn presence and a follow up system give a manufacturer what IndiaMART never will: buyers who chose you specifically, margins without bidding wars, and a brand that compounds. India's B2B digital market is growing at nearly 17 percent a year. That growth will belong to whoever owns the buyer relationship.
If you would rather have a team handle this, Vridhii Digital builds growth systems for founders who care about results. Manufacturers are a core focus of our B2B marketing service. Message us on WhatsApp and we will show you what buyers currently find when they research your company.
Frequently asked questions
Should a manufacturer leave IndiaMART completely?
No. Keep the listing if it pays for itself. The mistake is not being on a marketplace, it is being only on a marketplace, where you compete on price against dozens of identical listings and the buyer relationship belongs to the platform. Build your own website, search presence and follow up system alongside it, then let the numbers decide where your budget goes.
What should a manufacturer build first outside marketplaces?
A website that answers real buyer questions, one page per product line with specifications, certifications and minimum order details, plus a Google Business Profile and a founder LinkedIn presence. That base captures the buyers who search directly and gives referred buyers the proof they need. Content and outreach come after the base exists.
How long before direct enquiries start replacing marketplace leads?
Most manufacturers see the first direct enquiries within three to six months of publishing answer pages and maintaining a consistent search presence. The quality difference shows immediately: direct enquiries come from buyers who chose you specifically, so they close at better margins than marketplace leads where ten suppliers quote the same job.