Why Retailers should be embracing blockchain

Tag Archives: SMEs

Why Retailers should be embracing blockchain

    There have been many stories in the press lately about how the high street is dead. But is this really true? Will the high street die…or is it just time for them to embrace blockchain?   We at MarketOrders are always keen to bring fresh ideas and new approaches to our customers, the retailers. We help them to keep up to date with the latest technology and help them to embrace the .

Why the future of retail sits at the intersection of e-commerce and the physical retail shop?

  The digitisation of Gold Jewellery Industry on MarketOrders platform becomes location agnostic and open to global gold jewellery industry which can constantly evolve by investing in and building Unique IP that will add value for every participant on the platform.   In order to make MarketOrders a strong marketplace for the gold jewellery industry, MarketOrders must continue to invest heavily in machine learning, blockchain technology and data – analytics capabilities to gain and .

How MarketOrders is using a three-pronged strategy approach to centralise the gold jewellery industry

  In the previous post, we touched upon how MarketOrders is using a three-pronged strategy approach. These are centralisation, creating unique IP and e-commerce. In this post, we deep dive into each of these approaches and show why the gold industry needs to adopt a centralised platform.   The first strategy as an entry point is to create a centralized platform for the entire Gold Jewellery Industry This will allow retailers visibility and to .

How the gold jewellery industry can adopt a centralised platform strategy

  The gold jewellery industry is a very ancient industry. It is as old as civilisation itself and its one of the few industries which haven’t been revolutionised by the use of technology…until now that is!   MarketOrders is on a mission to bring unity and centralisation to this fragmented industry.  And for the gold industry to become digital, they must first be bought into centralisation.   To understand this better, let us consider .

Why the gold jewellery industry must adopt a platform strategy

  The gold jewellery industry is a very ancient industry. It is as old as civilisation itself when early humans would gift gold and adorn it on their bodies. From day one it has had a cultural and personal significance. And thousands of years later, it still remains an untapped and fragmented market where technology has yet to make it smark on this industry worth $175 billion dollar industry.   photo credit: https://pixabay.com/en/sculpture-museum-perth-gold-digger-1104196/   Today, .

Q& A with the founders of Marketorders

  Today’s blog is a quick fire Q&A with the Founders, Ram and Sukhi. They talk about what MarketOrders does, how they came up with the idea of digitising the gold trade industry and the defining moment that changed it all.     Tell us what your business does in fewer than 25 words: MarketOrders in an online marketplace helping to connect independent jewellery brands directly to manufacturer’s around the world to source the .

Why is the B4B model so important in today’s digital consumer world?

  Mobile technology and the Internet have empowered consumers in a way that they are now more informed about market offers than the retailers trying to sell to them. Changing their minds or switching providers is now as easy as clicking a mouse.  The combination of commoditization and the empowered customer makes it even more important to have a Consumer Centric Culture where the experience of purchasing is just as important as the product that has been purchased. (Check .

The 3 C’s every retailer needs to implement in their business

  photo credit: https://pixabay.com/en/agreement-beard-beverage-2548140/   MarketOrders is focused on helping off-line retailers to source the best gold products they need directly from the suppliers. And in order to do that we help retailers adopt the 3 C’s; A Consumer Centric Culture.   Our platform allows our customers to buy the products they need by creating a B4B model. This is known as Business-For-Business. This model works best when both players in the marketplace benefit from .

What is a B4B model and how can it impact the gold jewellery retailers & SMEs?

  MarketOrders is modelling a B4B concept to enhance consumer centric culture among independent gold jewellery retailers.   photo credit: https://pixabay.com/en/jewelry-store-wedding-rings-wedding-1803808/   B4B is ‘Business-For-Business’ and it differs from the traditional B2B model (Business-To-Business) by putting the SMEs at the heart of every transaction. SMEs are empowered to source and order the products they want as opposed to the B2B model whereby manufacturers produce what they want and then push the products down the .

How Marketorders is Enabling The Future Of Independent Retailers through Centralisation on a Global Scale

  MarketOrders is a marketplace-connecting retailers to manufacturers. We call this a Business-For-Business concept (B4B).   What makes this approach different from traditional Business-To-Business (B2B) is that retailers are at the heart of key decisions on the MarketOrders platform.   Volume buyers are no longer the only ones with purchasing power. We champion the smaller retailers by helping them to get access to the manufacturers and products they need at the best possible price. .

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