Rithum unveiled a new marketplace integration with Best Buy. Through this marketplace integration, the selling opportunities of U.S. brands and retailers have been massively expanded. Additionally, the marketplace integration simplifies entry into Best Buy’s steadily growing online marketplace, making access easier for brands and retailers. Sellers, through the integration, have the capability of managing product listings, orders, and inventory all from one platform. Previously, it was necessary to have different tools and manual processes for onboarding new marketplaces. Therefore, by using Rithum, the operational complexities of multichannel sellers are reduced.
“Best Buy Marketplace is a major opportunity for U.S. merchants to reach loyal consumers. Through a trusted brand,” said Lou Keyes, CEO of Rithum.“Our platform offers sellers automation, insights, and scalability. Early interest from brands is strong, and this integration makes turning that interest into impact easier than ever.”
The marketplace integration helps brands to reach Best Buy customers in a more direct way and therefore more efficiently. Simultaneously, retailers seek trusted marketplaces to invest in, enabling them to create diversified revenue streams and strengthen business growth opportunities. As a result of this, the demand for centralized marketplace management is continuously increasing. Rithum has crafted the integration in such a way that it caters to scalability and compliance requirements. Besides, sellers get more clear insights into performance and fulfillment through this integration. Hence, brands can grow without necessarily having to add operational overhead.
Nevertheless, Rithum pointed out that the seller experience is still their main concern. On the other hand, the platform is capable of supporting automation and real-time updates. So, sellers will have more time for business growth as they will be free from manual tasks. The integration targets consumer electronics, home goods, and lifestyle brands. Besides, it is helpful to U.S.-based retailers who are looking for a wider digital presence. In short, the marketplace integration is a big step forward for Rithum in terms of contemporary e-commerce expansion.
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News Source: Businesswire.com
