Crate and Barrel expands online offering with marketplace
November 17, 2016,
NORTHBROOK, Ill. — Crate and Barrel has launched a curated marketplace today, expanding its e-commerce offering from new and existing suppliers.
“Crate and Barrel Exclusive Marketplace” is available through its e-commerce site and offers a curated selection from new brands, new product from existing sources, new product categories, one-of-a kind high-end goods from designers and other exclusive items that are drop-shipped from the source.
“I can tell you they are very much looking at every category they currently offer,” Wexler said.
In a release, Crate and Barrel CEO Doug Diemoz said, “Our goal is to enhance the moments that matter for our customers.
“By expanding our assortment, we will significantly increase the choices available to our consumers and offer them an extended aisle of beautiful, curated products from the best designers and manufacturers from around the world.”
Diemoz said all of the new goods complement the Top 100 company’s existing offering “and uphold our commitment to quality, style, and customer service.”
RevCascade was started about a year ago and has largely served as a platform and technology used by suppliers to connect with other marketplaces, such as Wayfair and Amazon. It’s also the enabling technology for retailers to launch, operate and scale their own marketplaces, as is the case with e-commerce home furnishings buying club Tressle.com. Wexler said Crate and Barrel is the first large retailer to do so.
“If you’re a home goods retailer today, you now have an opportunity to offer an extended aisle,” he said. “It’s really democratizing the ability to launch a marketplace that’s highly curated and amplifies what you currently offer to consumers.”
RevCascade doesn’t disclose its pricing, but Wexler said it offers either a monthly subscription rate or a transaction fee that’s based on the orders generated from the use of the platform.
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