Tesco collaborates with Marketplacer to launch an online marketplace on June 4th, adding 29 third-party sellers by July. This partnership enhances Tesco’s product range, improves customer experience, and boosts revenue.
Tesco partnered with Marketplacer to launch its online marketplace on June 4, 2024. Marketplacer, a global technology platform, helps retailers and brands build and scale marketplaces. By July, Tesco had 29 third-party sellers, including Berkfield Home, Clair De Lune, and Clever Stuff International. This marketplace allows Tesco to extend its product range, improving customer experience and boosting revenue.
Tesco chose Marketplacer for its secure, scalable platform that ensures a seamless seller experience. Peter Filcek, Tesco's Marketplace Director, stated, "We wanted to open up access to a wider range of products for Tesco customers." The advanced technology supports Tesco’s goal of meeting customer needs, encouraging repeat business, and entering new sub-sectors.
Marketplacer's platform offers flexible integration methods, making it easy for sellers to connect with Tesco’s marketplace. The system includes advanced catalog and order management tools. "Our priority is to ensure the technology partnership with Tesco yields value," said Jason Wyatt, CEO and Co-Founder of Marketplacer. This approach aims to deliver a superior shopping experience for customers and a smooth interface for sellers.
Marketplacer’s scalable technology positions Tesco for future growth by attracting more sellers and streamlining onboarding. This strategic move gives Tesco a competitive edge in the market. Filcek added, "We’ve benefitted from Marketplacer’s deep ecommerce expertise." The collaboration aims to support Tesco’s long-term goals and ensure continued customer satisfaction.
How will Tesco’s new marketplace impact its sales?
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