How B&Q launched and scaled its marketplace to over £200M in two years
According to BCG’s latest report, marketplaces account for 67% of global eCommerce sales, a jump from 40% only a decade ago—and they’re still growing.
We’ll take a look at what it takes for retailers to thrive in this space.Backed by key findings from BCG, we'll delve into the key success factors of these platforms, from competitive pricing and curated product selections to superior customer experience.
Highlighting the real-world success of B&Q’s Mirakl-powered marketplace, this session will show how you can create a profitable, scalable online platform that resonates with both your clients and third-party sellers from your industry.
Learn about:
Why platforms grow 6x faster than eCommerce
How B&Q (part of the Kingfisher group) managed to reach 41% marketplace share after 2 years
The important steps to take when pivoting to your own platform model
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