MARKETPLACES - An Overview
Be part of the online concession model, which is disrupting retail and is the fastest growth sales channel around, predicted to be 40% of all web sales by 2020.
WHAT IS AN ONLINE MARKETPLACE?
"An online marketplace is a website or app that facilitates shopping from many different sources. The operator of the marketplace does not own any inventory, their business is to present other people’s inventory to a user and facilitate a transaction." - Forbes
Marketplaces are increasingly popular with consumers and fast becoming an essential sales channel for brands who want to gain market share, attract new audiences and access global markets.
However, a lack of strategy or internal resource can often prevent brands from taking full advantage of this growing channel.
Rich Insight’s team of experienced marketplace experts can provide you with a proven path to success on marketplace platforms, helping you to:
- Create a compelling strategy to give you the best chance of success on marketplace - assessing your commercial, brand and operational readiness
- Build and launch you on to the right platforms for your product offering
- Manage and optimise your marketplace channel to generate maximum revenue
- Expand your reach into new international markets
10 REASONS TO WORK WITH US
- Proven at delivering significant channel growth
- Platform agnostic - we start from your needs, not the technologies abilities
- Board level retail experience on retail boards such as Joules & UKFT
- Great relationships with marketplaces and leading software that you can benefit from
- Experience at supporting with stakeholder management and moving from B2B to B2C sales strategies
- We don't work in a silo - Our recommended marketplace strategies are designed to work with all your channels in mind
- We take the headache away from you & your team, so you can focus on your day to day
- We already work with top brands at different stages in their journey
- We offer both strategy and delivery for your marketplace needs
- We have simple commercials, that make us aligned to your growth and ROI
LET US HELP YOU ACCELERATE
Get in contact to see how me might be able to help you with your online marketplace growth.