Lowe's has teamed up with Mirakl, a leading Software as a Service (SaaS) provider, to supercharge its online marketplace, catering to the needs of DIY enthusiasts and professionals. This strategic partnership enables Lowe's to vastly broaden its product range and bring on board new suppliers, thereby strengthening its position in the market.
By leveraging Mirakl's cutting-edge technology, Lowe's can streamline the onboarding process for a large number of sellers, ensuring a seamless experience for customers. The collaboration has already yielded impressive results, with thousands of new items added to Lowe's assortment and a robust pipeline of sellers ready to join the platform.
The partnership is a testament to Mirakl's impressive track record, with 450 clients worldwide, including prominent retailers like Macy's, Saks, and Bloomingdale's... already utilizing its technology to power their online marketplaces. According to Mirakl's CEO of the Americas, Scott Eckert, "the agreement marks a significant commitment to building a major new channel for Lowe's," "with a planned three-and-a-half-year partnership to drive growth and expansion." With Mirakl's expertise, Lowe's aims to offer deeper assortments and more samples of various categories from different vendors... ultimately enhancing the shopping experience for its customers.
Lowe's online marketplace optimization.
The home improvement retailer's partnership with Mirakl, a leading Software as a Service provider, is set to revolutionize its e-commerce platform. By joining forces, Lowe's can rapidly expand its product offerings and attract a diverse range of suppliers, ultimately bolstering its competitive edge. Mirakl's innovative technology will enable Lowe's to efficiently onboard a substantial number of sellers, providing customers with an unparalleled shopping experience.
Thousands of new products have already been integrated into Lowe's assortment, with a considerable number of suppliers poised to join the platform. This significant collaboration underscores Mirakl's impressive reputation, with over 450 clients worldwide, including prominent retailers like Macy's, Saks, and Bloomingdale's... leveraging its technology to power their online marketplaces.
The three-and-a-half-year partnership is expected to drive substantial growth and expansion for Lowe's. As a result, customers can anticipate a more comprehensive and varied selection of products from multiple vendors, "elevating their overall shopping experience." With Mirakl's expertise, "Lowe's is well-positioned to become a leading destination for home improvement products.".. offering deeper product assortments and increased availability of samples from various categories.
Home improvement giant Lowe's has partnered with Software as a Service (SaaS) provider Mirakl to help power Lowe's Marketplace, an online resource for DIY consumers and professionals alike. This will allow Lowe's to greatly expand and optimize its assortment and bring on new vendors. Michael McCluskey, Lowe's vice president of Marketplace, said the company chose Mirakl because it has the proper tooling to onboard a large number of sellers in a frictionless way and because it has the suite of services to manage Lowe's business on a day to day basis. He declined to say exactly how many vendors will be onboarded.• • • •
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