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.
Our platform has been created on a secure base layer featuring On-Demand, Order-Aggregation processes.
Multiple orders from various different retailers are pulled together via our Smart Router mechanism. This becomes the primary source of business value as physical processes are turned into real-time data flow amongst a network of retailers and manufacturers. This allows the business owners to achieve economies of scale.
Why should retailers use the MarketOrders Platform?
Here are a few reasons as to why we believe retailers would benefit from using our platform that has been designed with the retailers specifically in mind.
- No central point of failure.
- Support global scaling.
- Lowering cost and enhancing quality.
- Increase communications and sharing best practice.
- Brings transparency on price, purity and supply chain.
- Business practice becomes faster, relevant and cost effective.
photo credit: https://pixabay.com/en/earth-globe-future-forward-golden-422758/
How does the MarketOrders platform work?
MarketOrders aims to be a single, unified and centralised platform creating the ultimate marketplace for the gold jewellery trade industry.
The aim of the marketplace is to consolidate the entire supply chain vertically from back-end production to front-end consumption across a network of retailers and manufacturers around the globe.
This allows the ‘middleman’ to be cut away from the process bringing greater efficiencies to the supply chain.
MarketOrders not only empowers the independent retailers (SME’s) but also makes it possible for them to be in.
MarketOrders is ushering in a digital revolution for traditional brick and mortar jewellery shops. This will allow them to face other digital challenges such as online jewellery shops and be better able to compete with the rise of the experience economy.
This article was written by Ram Krishnna Rao, CEO MarkerOrders